The AES Corporation (NYSE:AES) reached 56.21% versus a 1-year low price of $9.86. The stock was last seen -0.71% lower, reaching at $15.41 on 11/13/2018. At recent session, the prices were hovering between $15.32 and $15.57. This company shares are -1.56% up from its target price of $15.17 and the current market capitalization stands at $10.3B. The recent change has given its price a 7.31% lead over SMA 50 and -5.34% deficit over its 52-week high. The stock witnessed 3.84% gains, 14.23% gains and 25.49% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AES’s volatility during a week at 2.24% and during a month it has been found around 2.53%.The AES Corporation (AES) Top Holders
Institutional investors currently hold around $9.99 billion or 0% in AES stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.2 billion in The AES Corporation, which represents roughly 11.62% of the company’s market cap and approximately 11.98% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 63,051,638 shares of the stock are valued at $978.56 million. The third largest holder is Capital International Investors, which currently holds $506.1 million worth of this stock and that ownership represents nearly 4.91% of its market capitalization.
At the end of June reporting period, 240 institutional holders increased their position in The AES Corporation (NYSE:AES) by some 87,470,206 shares, 259 decreased positions by 74,634,056 and 88 held positions by 481,740,240. That puts total institutional holdings at 643,844,502 shares, according to SEC filings. The stock grabbed 71 new institutional investments totaling 13,115,307 shares while 56 institutional investors sold out their entire positions totaling 8,263,126 shares.The AES Corporation (NYSE:AES) Insider Trades
Multiple company employees have indulged in significant insider trading. The AES Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Sr. VP and COO Da Santos Bernerd has acquired 4,700 shares of The AES Corporation (AES) in trading session dated Nov. 13, 2017. These shares are worth $49,820 and were traded at $10.6 each. The SEC filing shows that Miller Brian A performed a purchase of 9,500 shares. The EVP, General Counsel and Secy added these shares by way of transaction on Nov. 13, 2017. The company’s shares were assimilated at $10.49 per share worth to an investment of some $99,655 on account of Miller Brian A.
EVP and CFO, O’Flynn Thomas M., purchased 9,500 common shares of The AES Corporation (AES) in the open market. In a transaction dated Nov. 13, 2017, the shares were bought at an average price of $10.64, giving away a sum of $101,080. After this purchase, 306,309 common shares of AES are directly owned by the insider, with total stake valued at $4,720,222.
In the transaction dated Nov. 10, 2017, the great number of shares acquired came courtesy the President and CEO; Gluski Andres added a total of 24,632 shares at an average price of $10.17, amounting to approximately $250,507. The insider now directly owns 894,099 shares worth $13,778,066.
Several analysts have released their opinion on The AES Corporation (NYSE:AES), with 0 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 4 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.7 average brokerage recommendation.