Murphy Oil Corporation (NYSE:MUR) marched up 24.55% compared to a 52-week low price of $21.51. The shares were last seen trading -2.86% lower, taking the closing price at $26.79 on 01/11/2019. At recent session, the prices were hovering between $26.7 and $27.51. This company shares are 19.86% off its target price of $32.11 and the current market capitalization stands at $4.77B. The recent change has given its price a -6.69% deficit over SMA 50 and -26.66% deficit over its 52-week high. The stock witnessed -4.53% declines, -15.68% declines and -18.72% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MUR’s volatility during a week at 3.24% and during a month it has been found around 4.64%.Murphy Oil Corporation (MUR) Top Holders
Institutional investors currently hold around $4.03 billion or 95.1% in MUR stock. Look at its top three institutional owners. Vanguard Group Inc owns $448.55 million in Murphy Oil Corporation, which represents roughly 9.4% of the company’s market cap and approximately 11.12% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 16,054,989 shares of the stock are valued at $430.11 million. The third largest holder is Blackrock Inc., which currently holds $429.23 million worth of this stock and that ownership represents nearly 9% of its market capitalization.Murphy Oil Corporation 13F Filings
At the end of September reporting period, 131 institutional holders increased their position in Murphy Oil Corporation (NYSE:MUR) by some 19,653,554 shares, 177 decreased positions by 23,947,350 and 72 held positions by 106,994,590. That puts total institutional holdings at 150,595,494 shares, according to SEC filings. The stock grabbed 33 new institutional investments totaling 14,049,083 shares while 56 institutional investors sold out their entire positions totaling 14,479,974 shares.Murphy Oil Corporation (NYSE:MUR) Insider Trades
Multiple company employees have indulged in significant insider trading. Murphy Oil Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Vice President & Treasurer Gardner John B has sold 7,113 shares of Murphy Oil Corporation (MUR) in trading session dated Dec. 07, 2018. These shares are worth $213,248 and were traded at $29.98 each. The SEC filing shows that Deming Claiborne P performed a purchase of 10,000 shares. The Director added these shares by way of transaction on Nov. 19, 2018. The company’s shares were assimilated at $31.6 per share worth to an investment of some $316,000 on account of Deming Claiborne P.
Senior Vice President, Hammock Kelli M, sold 2,595 common shares of Murphy Oil Corporation (MUR) in the open market. In a transaction dated Nov. 16, 2018, the shares were put up for sale at an average price of $31.56, raking in a sum of $81,898. After this sale, 27,263 common shares of MUR are directly owned by the insider, with total stake valued at $730,376.
In the transaction dated Feb. 05, 2018, the great number of shares disposed came courtesy the Executive Vice President; Coleman Eugene T disposed a total of 33,435 shares at an average price of $28.88, amounting to approximately $965,603. The insider now directly owns 33,985 shares worth $910,458.Murphy Oil Corporation (MUR) Analyst Guide
Several analysts have released their opinion on Murphy Oil Corporation (NYSE:MUR), with 0 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 2 buy, 2 sell and 1 strong sell ratings, collectively assigning a 3.14 average brokerage recommendation.