Guru Analysis Of NII Holdings, Inc. (NIHD)

NII Holdings, Inc. (NASDAQ:NIHD) enjoyed a 946% run-up in share price since hitting record low of $0.5. The stock managed 2.95% rise and now stands at $5.23 as of 01/11/2019. At recent session, the prices were hovering between $4.9188 and $5.25. This company shares are -76.1% up from its target price of $1.25 and the current market capitalization stands at $512.38M. The recent change has given its price a -2.05% deficit over SMA 50 and -38.54% deficit over its 52-week high. The stock witnessed 14.69% gains, -2.24% declines and 27.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NIHD’s volatility during a week at 7.26% and during a month it has been found around 8.81%.

NII Holdings, Inc. (NIHD) Top Holders

Institutional investors currently hold around $363 million or 75.9% in NIHD stock. Look at its top three institutional owners. 683 Capital Management, Llc owns $73.46 million in NII Holdings, Inc., which represents roughly 14.34% of the company’s market cap and approximately 20.24% of the institutional ownership. Similar statistics are true for the second largest owner, New Generation Advisors, Llc, which owns 7,073,240 shares of the stock are valued at $36.99 million. The third largest holder is Blackrock Inc., which currently holds $32.34 million worth of this stock and that ownership represents nearly 6.31% of its market capitalization.

NII Holdings, Inc. 13F Filings

At the end of September reporting period, 64 institutional holders increased their position in NII Holdings, Inc. (NASDAQ:NIHD) by some 7,488,409 shares, 41 decreased positions by 12,505,128 and 12 held positions by 49,350,531. That puts total institutional holdings at 69,344,068 shares, according to SEC filings. The stock grabbed 27 new institutional investments totaling 2,700,530 shares while 16 institutional investors sold out their entire positions totaling 1,478,604 shares.

NII Holdings, Inc. (NASDAQ:NIHD) Insider Trades

Multiple company employees have indulged in significant insider trading. NII Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner 683 Capital Partners, Lp has sold 882,067 shares of NII Holdings, Inc. (NIHD) in trading session dated Nov. 13, 2018. These shares are worth $6,236,214 and were traded at $7.07 each. The SEC filing shows that 683 Capital Management, Llc performed a sale of 882,067 shares. The 10% Owner disposed these shares by way of transaction on Nov. 13, 2018. The company’s shares were given away at $7.07 per share worth to an income of some $6,236,214 on account of 683 Capital Management, Llc.

10% Owner, 683 Capital Management, Llc, sold 883,067 common shares of NII Holdings, Inc. (NIHD) in the open market. In a transaction dated Nov. 13, 2018, the shares were put up for sale at an average price of $7.07, raking in a sum of $6,243,284. After this sale, 13,162,432 common shares of NIHD are directly owned by the insider, with total stake valued at $68,839,519.

In the transaction dated Aug. 21, 2018, the great number of shares disposed came courtesy the VP, Corporate Controller; Mulieri Timothy M disposed a total of 37,374 shares at an average price of $5.82, amounting to approximately $217,517.