Hedge Funds Now Own 0% Of Oil States International, Inc. (OIS)

Oil States International, Inc. (NYSE:OIS) has made a 83.68% comeback from a 12-month low price of $20.23. It was seen 11.23% higher, changing the price to $37.15, when the closing bell rang on 04/26/2018. At recent session, the prices were hovering between $33.25 and $38.95. This company shares are -22.1% up from its target price of $28.94 and the current market capitalization stands at $2.23B. The recent change has given its price a 35.24% lead over SMA 50 and 6.99% lead over its 52-week high. The stock witnessed 42.07% gains, 13.78% gains and 61.52% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found OIS’s volatility during a week at 5.22% and during a month it has been found around 4.02%.

Oil States International, Inc. (OIS) Top Holders

Institutional investors currently hold around $1.93 billion or 0% in OIS stock. Look at its top three institutional owners. Blackrock Inc. owns $228.92 million in Oil States International, Inc., which represents roughly 10.27% of the company’s market cap and approximately 11.84% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 6,089,304 shares of the stock are valued at $203.38 million. The third largest holder is Vanguard Group Inc, which currently holds $161.91 million worth of this stock and that ownership represents nearly 7.26% of its market capitalization.

Oil States International, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 98 institutional holders increased their position in Oil States International, Inc. (NYSE:OIS) by some 4,788,145 shares, 72 decreased positions by 3,576,609 and 24 held positions by 49,542,995. That puts total institutional holdings at 57,907,749 shares, according to SEC filings. The stock grabbed 28 new institutional investments totaling 1,062,307 shares while 19 institutional investors sold out their entire positions totaling 1,675,284 shares.

Oil States International, Inc. (NYSE:OIS) Insider Trades

Multiple company employees have indulged in significant insider trading. Oil States International, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Hcperf Holdings B.V. has sold 5,925,050 shares of Oil States International, Inc. (OIS) in trading session dated Feb. 22, 2018. These shares are worth $152,807,040 and were traded at $25.79 each. The SEC filing shows that Moses Philip Scott performed a sale of 4,000 shares. The Executive VP,Offshore Products disposed these shares by way of transaction on Dec. 27, 2016. The company’s shares were given away at $40 per share worth to an income of some $160,000 on account of Moses Philip Scott.

President & CEO, Taylor Cindy B, sold 12,786 common shares of Oil States International, Inc. (OIS) in the open market. In a transaction dated Dec. 12, 2016, the shares were put up for sale at an average price of $40.85, raking in a sum of $522,308. After this sale, 499,832 common shares of OIS are directly owned by the insider, with total stake valued at $18,568,759.

In the transaction dated Dec. 28, 2015, the great number of shares disposed came courtesy the VP, Controller & CAO; Munson Sarah Ann disposed a total of 3,860 shares at an average price of $27.86, amounting to approximately $107,540. The insider now directly owns 13,167 shares worth $489,154.

Oil States International, Inc. (OIS) Analyst Guide

Several analysts have released their opinion on Oil States International, Inc. (NYSE:OIS), with 3 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.36 average brokerage recommendation.