Sorting Studs From Duds in CommScope Holding Company, Inc. (COMM)

CommScope Holding Company, Inc. (NASDAQ:COMM) is at least -0.05% than its current record low price of $18.52. There was a -3.79% decline on 11/13/2018 that led the price to move at $18.51. At recent session, the prices were hovering between $18.39 and $19.58. This company shares are 78.77% off its target price of $33.09 and the current market capitalization stands at $3.59B. The recent change has given its price a -32.05% deficit over SMA 50 and -55.5% deficit over its 52-week high. The stock witnessed -26.4% declines, -39.98% declines and -37.99% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found COMM’s volatility during a week at 6.72% and during a month it has been found around 4.14%.

CommScope Holding Company, Inc. (COMM) Top Holders

Institutional investors currently hold around $3.96 billion or 0% in COMM stock. Look at its top three institutional owners. Capital Research Global Investors owns $407.94 million in CommScope Holding Company, Inc., which represents roughly 11.36% of the company’s market cap and approximately 10.31% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 16,851,759 shares of the stock are valued at $324.23 million. The third largest holder is Franklin Resources Inc, which currently holds $216.42 million worth of this stock and that ownership represents nearly 6.03% of its market capitalization.

CommScope Holding Company, Inc. 13F Filings

At the end of June reporting period, 149 institutional holders increased their position in CommScope Holding Company, Inc. (NASDAQ:COMM) by some 26,995,074 shares, 142 decreased positions by 17,732,273 and 45 held positions by 160,848,482. That puts total institutional holdings at 205,575,829 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 6,258,015 shares while 46 institutional investors sold out their entire positions totaling 6,385,474 shares.

CommScope Holding Company, Inc. (NASDAQ:COMM) Insider Trades

Multiple company employees have indulged in significant insider trading. CommScope Holding Company, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President Granow Robert W has acquired 4,000 shares of CommScope Holding Company, Inc. (COMM) in trading session dated Nov. 12, 2018. These shares are worth $78,400 and were traded at $19.6 each. The SEC filing shows that Mingle Robyn T performed a purchase of 5,100 shares. The SVP of CommScope, Inc. added these shares by way of transaction on Nov. 12, 2018. The company’s shares were assimilated at $19.47 per share worth to an investment of some $99,297 on account of Mingle Robyn T.

EVP & COO, Kurk Morgan C S, purchased 5,000 common shares of CommScope Holding Company, Inc. (COMM) in the open market. In a transaction dated May. 15, 2018, the shares were bought at an average price of $29.27, giving away a sum of $146,350. After this purchase, 46,858 common shares of COMM are directly owned by the insider, with total stake valued at $867,342.

In the transaction dated May. 14, 2018, the great number of shares acquired came courtesy the Director; Adams Austin A added a total of 5,000 shares at an average price of $29.9, amounting to approximately $149,500. The insider now directly owns 27,858 shares worth $515,652.

CommScope Holding Company, Inc. (COMM) Analyst Guide

Several analysts have released their opinion on CommScope Holding Company, Inc. (NASDAQ:COMM), with 5 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.14 average brokerage recommendation.