Stoneridge, Inc. (NYSE:SRI) went up to recover about 44% since recording its record low price of $21.91. The stock experienced -2.77% slump, arriving at $31.55 on 6/28/2019. During the day, the stock price traveled from $31.54 to $32.73. This company shares are 10.3% off its target price of $34.8 and the current market capitalization stands at $931.04M. The recent change has given its price a 7.52% lead over SMA 50 and -13.66% deficit over its 52-week high. The stock witnessed 18.48% gains, 9.32% gains and 37.53% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SRI’s volatility during a week at 3.34% and during a month it has been found around 2.75%.

Stoneridge, Inc. (SRI) Top Holders

Institutional investors currently hold around $855 million or 95.7% in SRI stock. Look at its top three institutional owners: Dimensional Fund Advisors Lp owns $60.91 million in Stoneridge, Inc., which represents roughly 6.54% of the company’s market cap and approximately 7.12% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 1,904,885 shares of the stock are valued at $60.1 million. The third largest holder is Vanguard Group Inc, which currently holds $54.32 million worth of this stock and that ownership represents nearly 5.83% of its market capitalization.

Stoneridge, Inc. 13F Filings

At the end of March reporting period, 71 institutional holders increased their position in Stoneridge, Inc. (NYSE:SRI) by some 3,062,646 shares, 81 decreased positions by 3,021,932 and 22 held positions by 21,025,399. That puts total institutional holdings at 27,109,977 shares, according to SEC filings. The stock grabbed 19 new institutional investments totaling 1,675,086 shares while 15 institutional investors sold out their entire positions totaling 607,925 shares.

Stoneridge, Inc. (NYSE:SRI) Insider Trades

Multiple company employees have indulged in significant insider trading. Stoneridge, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Accounting Officer Hartman Robert J. Jr. has sold 5,601 shares of Stoneridge, Inc. (SRI) in the trading session dated Jun. 12, 2019. These shares are worth $161,029 and were traded at $28.75 each. The SEC filing shows that BEAVER THOMAS A performed a sale of 21,093 shares. The Vice President – Global Sales disposed these shares by way of transaction on May. 30, 2019. The company’s shares were given away at $26.49 per share worth to an income of some $558,754 to the account of BEAVER THOMAS A.

Vice President of Operations, Moore Anthony L, sold 7,000 common shares of Stoneridge, Inc. (SRI) in the open market. In a transaction dated May. 24, 2019, the shares were put up for sale at an average price of $26.5, raking in a sum of $185,500. After this sale, 15,082 common shares of SRI are directly owned by the insider, with total stake valued at $475,837.

In the transaction dated May. 10, 2019, a great number of shares sold came courtesy the Vice President of Operations; Moore Anthony L disposed a total of 15,022 shares at an average price of $28.76, amounting to approximately $432,033. The insider now directly owns 60 shares worth $1,893.

Stoneridge, Inc. (SRI) Analyst Guide

Several analysts have released their opinion on Stoneridge, Inc. (NYSE:SRI), with 2 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.8 average brokerage recommendation [T1].