Range Resources Corporation (NYSE:RRC) is at least 12.72% than its current record low price of $15.99. There was a 4.83% gain on 11/17/2017 that led the price to move at $18.03. At recent session, the prices were hovering between $17.29 and $18.06. This company shares are 61.12% off its target price of $29.05 and the current market capitalization stands at $4.4B. The recent change has given its price a -4.39% deficit over SMA 50 and -54.52% deficit over its 52-week high. The stock witnessed -5.11% declines, 2.44% gains and -28.76% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RRC’s volatility during a week at 3.82% and during a month it has been found around 3.57%.Range Resources Corporation (RRC) Top Holders
Institutional investors currently hold around $4.42 billion or 0% in RRC stock. Look at its top three institutional owners. Sailingstone Capital Partners Llc owns $571.19 million in Range Resources Corporation, which represents roughly 12.98% of the company’s market cap and approximately 12.91% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 24,606,586 shares of the stock are valued at $423.23 million. The third largest holder is Sanders Capital, Llc, which currently holds $266.35 million worth of this stock and that ownership represents nearly 6.05% of its market capitalization.
At the end of 09/30/2017 reporting period, 250 institutional holders increased their position in Range Resources Corporation (NYSE:RRC) by some 49,309,010 shares, 189 decreased positions by 31,715,375 and 50 held positions by 176,108,790. That puts total institutional holdings at 257,133,175 shares, according to SEC filings. The stock grabbed 51 new institutional investments totaling 10,763,864 shares while 68 institutional investors sold out their entire positions totaling 7,136,458 shares.Range Resources Corporation (NYSE:RRC) Insider Trades
Multiple company employees have indulged in significant insider trading. Range Resources Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Palko Steffen E has acquired 15,000 shares of Range Resources Corporation (RRC) in trading session dated Aug. 10, 2017. These shares are worth $252,150 and were traded at $16.81 each. The SEC filing shows that Lowe Mary Ralph performed a purchase of 10,000 shares. The Director added these shares by way of transaction on Aug. 04, 2017. The company’s shares were assimilated at $17.99 per share worth to an investment of some $179,900 on account of Lowe Mary Ralph.
Director, Maxwell Greg G, purchased 1,000 common shares of Range Resources Corporation (RRC) in the open market. In a transaction dated Aug. 03, 2017, the shares were bought at an average price of $17.75, giving away a sum of $17,750. After this purchase, 22,207 common shares of RRC are directly owned by the insider, with total stake valued at $400,392.
In the transaction dated Jun. 14, 2017, the great number of shares acquired came courtesy the Director; Funk James M added a total of 4,000 shares at an average price of $22.96, amounting to approximately $91,840. The insider now directly owns 45,547 shares worth $821,212.