Vanguard Group Inc is the second biggest holder of NII Holdings, Inc. (NIHD)

NII Holdings, Inc. (NASDAQ:NIHD) is on recovery track with 15.59% gain from a 1-year low price of $0.22. The company lost -5.85% to attain the price of $0.25 on 12/06/2017. Throughout the recent session, the prices were hovering between $0.2516 and $0.285. These shares are 300% off its target price of $1 and the current market capitalization stands at $26.24M. The recent change has given its price a -37.67% deficit over SMA 50 and -92.63% deficit over its 52-week high. The stock witnessed -44.72% declines, -57.62% declines and -67.14% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NIHD’s volatility during a week at 15.04% and during a month it has been found around 12.96%.

NII Holdings, Inc. (NIHD) Top Holders

Institutional investors currently hold around $20 million or 92% in NIHD stock. Look at its top three institutional owners. Capital World Investors owns $4.07 million in NII Holdings, Inc., which represents roughly 15.51% of the company’s market cap and approximately 20.36% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 13,176,531 shares of the stock are valued at $3.56 million. The third largest holder is New Generation Advisors, Llc, which currently holds $1.79 million worth of this stock and that ownership represents nearly 6.84% of its market capitalization.

NII Holdings, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 24 institutional holders increased their position in NII Holdings, Inc. (NASDAQ:NIHD) by some 7,625,873 shares, 44 decreased positions by 10,708,517 and 14 held positions by 56,458,592. That puts total institutional holdings at 74,792,982 shares, according to SEC filings. The stock grabbed 5 new institutional investments totaling 1,531,365 shares while 22 institutional investors sold out their entire positions totaling 3,145,363 shares.

NII Holdings, Inc. (NASDAQ:NIHD) Insider Trades

Multiple company employees have indulged in significant insider trading. NII Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Aurelius Capital Management, L has sold 5,000,000 shares of NII Holdings, Inc. (NIHD) in trading session dated May. 27, 2016. These shares are worth $18,750,000 and were traded at $3.75 each. The SEC filing shows that Risner John W performed a sale of 32,250 shares. The Director disposed these shares by way of transaction on Dec. 04, 2014. The company’s shares were given away at $0.05 per share worth to an income of some $1,613 on account of Risner John W.

EVP,Human Resources, Martinez Alfonso, purchased 1,250 common shares of NII Holdings, Inc. (NIHD) in the open market. In a transaction dated Sep. 21, 2012, the shares were bought at an average price of $8, giving away a sum of $10,000. After this purchase, 39,750 common shares of NIHD are directly owned by the insider, with total stake valued at $9,938.

In the transaction dated Sep. 19, 2012, the great number of shares acquired came courtesy the CEO; Dussek Steven P added a total of 42,402 shares at an average price of $7, amounting to approximately $296,814. The insider now directly owns 397,513 shares worth $99,378.

NII Holdings, Inc. (NIHD) Analyst Guide

Several analysts have released their opinion on NII Holdings, Inc. (NASDAQ:NIHD), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 5 average brokerage recommendation.

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