The Top Three Holders Of HC2 Holdings, Inc. (HCHC)

HC2 Holdings, Inc. (NYSE:HCHC) reached 40.75% versus a 1-year low price of $2.31. The stock was last seen 2.85% higher, reaching at $3.25 on 01/11/2019. At recent session, the prices were hovering between $3.11 and $3.36. This company shares are 315.38% off its target price of $13.5 and the current market capitalization stands at $141.51M. The recent change has given its price a -7.18% deficit over SMA 50 and -58.28% deficit over its 52-week high. The stock witnessed 6.56% gains, -43.48% declines and -43.28% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HCHC’s volatility during a week at 6.54% and during a month it has been found around 7.83%.

HC2 Holdings, Inc. (HCHC) Top Holders

Institutional investors currently hold around $85 million or 66.5% in HCHC stock. Look at its top three institutional owners. Jefferies Group Llc owns $11.46 million in HC2 Holdings, Inc., which represents roughly 8.1% of the company’s market cap and approximately 13.48% of the institutional ownership. Similar statistics are true for the second largest owner, Mittleman Brothers, Llc, which owns 3,034,023 shares of the stock are valued at $9.86 million. The third largest holder is Blackrock Inc., which currently holds $7.39 million worth of this stock and that ownership represents nearly 5.22% of its market capitalization.

HC2 Holdings, Inc. 13F Filings

At the end of September reporting period, 45 institutional holders increased their position in HC2 Holdings, Inc. (NYSE:HCHC) by some 1,568,761 shares, 33 decreased positions by 2,932,599 and 17 held positions by 21,663,112. That puts total institutional holdings at 26,164,472 shares, according to SEC filings. The stock grabbed 14 new institutional investments totaling 726,257 shares while 14 institutional investors sold out their entire positions totaling 531,859 shares.

HC2 Holdings, Inc. (NYSE:HCHC) Insider Trades

Multiple company employees have indulged in significant insider trading. HC2 Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Barr Wayne Jr has acquired 1,000 shares of HC2 Holdings, Inc. (HCHC) in trading session dated Nov. 21, 2018. These shares are worth $3,050 and were traded at $3.05 each. The SEC filing shows that Barr Wayne Jr performed a purchase of 200,000 shares. The Director added these shares by way of transaction on Mar. 16, 2018. The company’s shares were assimilated at $5.35 per share worth to an investment of some $1,070,000 on account of Barr Wayne Jr.

Chief Administrative Officer, Herbst Suzi R, sold 5,303 common shares of HC2 Holdings, Inc. (HCHC) in the open market. In a transaction dated Nov. 13, 2017, the shares were put up for sale at an average price of $4.99, raking in a sum of $26,462. After this sale, 27,493 common shares of HCHC are directly owned by the insider, with total stake valued at $89,352.

In the transaction dated Nov. 10, 2017, the great number of shares disposed came courtesy the Director; Leffler Robert V Jr disposed a total of 20,000 shares at an average price of $5, amounting to approximately $100,000. The insider now directly owns 19,779 shares worth $64,282.

HC2 Holdings, Inc. (HCHC) Analyst Guide

Not many analysts have released their opinion on HC2 Holdings, Inc. (NYSE:HCHC), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.