Smith Micro Software, Inc. (NASDAQ:SMSI) enjoyed a 254.94% run-up in share price since hitting record low of $1.62. The stock managed 66.67% rise and now stands at $5.75 as of 7/26/2019. At a recent session, the prices were hovering between $4.31 and $5.77. This company shares are -13.04% up from its target price of $5 and the current market capitalization stands at $110.57M. The recent change has given its price a 86.77% lead over SMA 50 and 64.29% lead over its 52-week high. The stock witnessed 87.91% gains, 98.28% gains and 221.23% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SMSI’s volatility during a week at 11.6% and during a month it has been found around 5.72%.

Smith Micro Software, Inc. (SMSI) Top Holders

Institutional investors currently hold around $13 million or 9.6% in SMSI stock. Look at its top three institutional owners: Vanguard Group Inc owns $4.25 million in Smith Micro Software, Inc., which represents roughly 3.85% of the company’s market cap and approximately 32.72% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 365,082 shares of the stock are valued at $2.1 million. The third largest holder is Susquehanna International Group, Llp, which currently holds $1.39 million worth of this stock and that ownership represents nearly 1.25% of its market capitalization.

Smith Micro Software, Inc. 13F Filings

At the end of March reporting period, 11 institutional holders increased their position in Smith Micro Software, Inc. (NASDAQ:SMSI) by some 403,146 shares, 11 decreased positions by 451,727 and 9 held positions by 1,352,706. That puts total institutional holdings at 2,207,579 shares, according to SEC filings. The stock grabbed 6 new institutional investments totaling 179,550 shares while 7 institutional investors sold out their entire positions totaling 430,896 shares.

Smith Micro Software, Inc. (NASDAQ:SMSI) Insider Trades

Multiple company employees have indulged in significant insider trading. Smith Micro Software, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director CAMPBELL THOMAS G has sold 5,000 shares of Smith Micro Software, Inc. (SMSI) in the trading session dated May. 13, 2019. These shares are worth $16,000 and were traded at $3.2 each. The SEC filing shows that Yasbek Steven performed a purchase of 40,000 shares. The VP & CFO added these shares by way of transaction on Nov. 04, 2015. The company’s shares were assimilated at $0.85 per share worth to an investment of some $34,000 to the account of Yasbek Steven.

Director, CAMPBELL THOMAS G, sold 5,000 common shares of Smith Micro Software, Inc. (SMSI) in the open market. In a transaction dated Jun. 11, 2015, the shares were put up for sale at an average price of $1.23, raking in a sum of $6,150. After this sale, 18,000 common shares of SMSI are directly owned by the insider, with total stake valued at $103,500.

In the transaction dated Mar. 10, 2015, a great number of shares sold came courtesy the VP & CFO; Yasbek Steven disposed a total of 33,577 shares at an average price of $1.35, amounting to approximately $45,329. The insider now directly owns 335,605 shares worth $1,929,729.

Smith Micro Software, Inc. (SMSI) Analyst Guide

Several analysts have released their opinion on Smith Micro Software, Inc. (NASDAQ:SMSI), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].