Guru Analysis Of BEST Inc. (BSTI)

BEST Inc. (NYSE:BSTI) enjoyed a 19.63% run-up in share price since hitting record low of $3.77. The stock managed 2.73% rise and now stands at $4.51 as of 01/11/2019. At recent session, the prices were hovering between $4.305 and $4.53. This company shares are 125.06% off its target price of $10.15 and the current market capitalization stands at $1.64B. The recent change has given its price a -10.33% deficit over SMA 50 and -66.69% deficit over its 52-week high. The stock witnessed 2.73% gains, -4.85% declines and -57.85% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BSTI’s volatility during a week at 6.97% and during a month it has been found around 5.76%.

BEST Inc. (BSTI) Top Holders

Institutional investors currently hold around $286 million or 32.9% in BSTI stock. Look at its top three institutional owners. Alibaba Group Holding Ltd owns $45.1 million in BEST Inc., which represents roughly 2.75% of the company’s market cap and approximately 15.77% of the institutional ownership. Similar statistics are true for the second largest owner, Oppenheimerfunds, Inc., which owns 8,386,209 shares of the stock are valued at $37.82 million. The third largest holder is Wells Fargo & Company/Mn, which currently holds $37.82 million worth of this stock and that ownership represents nearly 2.31% of its market capitalization.

BEST Inc. 13F Filings

At the end of September reporting period, 51 institutional holders increased their position in BEST Inc. (NYSE:BSTI) by some 12,211,666 shares, 35 decreased positions by 17,235,399 and 7 held positions by 33,962,004. That puts total institutional holdings at 63,409,069 shares, according to SEC filings. The stock grabbed 21 new institutional investments totaling 7,393,714 shares while 16 institutional investors sold out their entire positions totaling 5,310,886 shares.

BEST Inc. (BSTI) Analyst Guide

Several analysts have released their opinion on BEST Inc. (NYSE:BSTI), with 5 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.64 average brokerage recommendation.