The Top Three Holders Of Stein Mart, Inc. (SMRT)

Stein Mart, Inc. (NASDAQ:SMRT) reached 168.75% versus a 1-year low price of $0.48. The stock was last seen 67.53% higher, reaching at $1.29 on 03/15/2018. At recent session, the prices were hovering between $1.12 and $2.45. This company shares are 55.04% off its target price of $2 and the current market capitalization stands at $50.22M. The recent change has given its price a 55.19% lead over SMA 50 and -58.25% deficit over its 52-week high. The stock witnessed 138.89% gains, 4.88% gains and -3.01% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SMRT’s volatility during a week at 36.57% and during a month it has been found around 14.6%.

Stein Mart, Inc. (SMRT) Top Holders

Institutional investors currently hold around $7 million or 19% in SMRT stock. Look at its top three institutional owners. Dimensional Fund Advisors Lp owns $922 thousand in Stein Mart, Inc., which represents roughly 1.84% of the company’s market cap and approximately 13.17% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 963,333 shares of the stock are valued at $742 thousand. The third largest holder is Paradigm Capital Management Inc/Ny, which currently holds $588 thousand worth of this stock and that ownership represents nearly 1.17% of its market capitalization.

Stein Mart, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 28 institutional holders increased their position in Stein Mart, Inc. (NASDAQ:SMRT) by some 1,414,907 shares, 27 decreased positions by 1,887,116 and 18 held positions by 5,789,728. That puts total institutional holdings at 9,091,751 shares, according to SEC filings. The stock grabbed 12 new institutional investments totaling 431,184 shares while 8 institutional investors sold out their entire positions totaling 646,946 shares.

Stein Mart, Inc. (NASDAQ:SMRT) Insider Trades

Multiple company employees have indulged in significant insider trading. Stein Mart, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Legler Mitchell W has acquired 45,000 shares of Stein Mart, Inc. (SMRT) in trading session dated May. 24, 2017. These shares are worth $69,300 and were traded at $1.54 each. The SEC filing shows that Stein Jay performed a purchase of 900,000 shares. The Chairman, 10% Owner added these shares by way of transaction on May. 24, 2017. The company’s shares were assimilated at $1.5 per share worth to an investment of some $1,350,000 on account of Stein Jay.

Director, Legler Mitchell W, purchased 45,000 common shares of Stein Mart, Inc. (SMRT) in the open market. In a transaction dated May. 24, 2017, the shares were bought at an average price of $1.54, giving away a sum of $69,300. After this purchase, 299,108 common shares of SMRT are directly owned by the insider, with total stake valued at $385,849.

In the transaction dated May. 23, 2017, the great number of shares acquired came courtesy the Director; Sisisky Richard L added a total of 50,000 shares at an average price of $1.51, amounting to approximately $75,500. The insider now directly owns 135,351 shares worth $174,603.