Murphy Oil Corporation (NYSE:MUR) reached 7.41% versus a 1-year low price of $23.61. The stock was last seen 4.23% higher, reaching at $25.36 on June 16, 2017. At recent session, the prices were hovering between $23.95 and $25.37. This company shares are 20.86% off its target price of $30.65 and the current market capitalization stands at $4.2B. The recent change has given its price a -3.43% deficit over SMA 50 and -27.93% deficit over its 52-week high. The stock witnessed -2.39% declines, -6.87% declines and -22.68% 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 4.69% and during a month it has been found around 3.67%.

Murphy Oil Corporation (MUR) Top Holders

Institutional investors currently hold around $4.27 billion or 84.4% in MUR stock. Look at its top three institutional owners. Vanguard Group Inc owns $435.5 million in Murphy Oil Corporation, which represents roughly 10.37% of the company’s market cap and approximately 10.2% of the institutional ownership. Similar statistics are true for the second largest owner, Hotchkis & Wiley Capital Management Llc, which owns 14,135,770 shares of the stock are valued at $358.48 million. The third largest holder is Capital World Investors, which currently holds $352.5 million worth of this stock and that ownership represents nearly 8.39% of its market capitalization.

Murphy Oil Corporation 13F Filings

At the end of Mar reporting period, 185 institutional holders increased their position in Murphy Oil Corporation (NYSE:MUR) by some 17,808,631 shares, 159 decreased positions by 11,035,133 and 70 held positions by 139,462,203. That puts total institutional holdings at 168,305,967 shares, according to SEC filings. The stock grabbed 41 new institutional investments totaling 1,622,875 shares while 40 institutional investors sold out their entire positions totaling 1,351,205 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 Director Mirosh Walentin has sold 1,000 shares of Murphy Oil Corporation (MUR) in trading session dated Jun. 08, 2017. These shares are worth $24,010 and were traded at $24.01 each. The SEC filing shows that MURPHY ROBERT MADISON performed a purchase of 36,803 shares. The Director added these shares by way of transaction on Aug. 09, 2016. The company’s shares were assimilated at $24.16 per share worth to an investment of some $889,160 on account of MURPHY ROBERT MADISON.

Vice President & Treasurer, GARDNER JOHN B, sold 1,246 common shares of Murphy Oil Corporation (MUR) in the open market. In a transaction dated May. 23, 2016, the shares were put up for sale at an average price of $29.39, raking in a sum of $36,620. After this sale, 340 common shares of MUR are directly owned by the insider, with total stake valued at $8,622.

In the transaction dated May. 10, 2016, the great number of shares disposed came courtesy the Vice President; MISNER ALLAN J. disposed a total of 7,163 shares at an average price of $29.39, amounting to approximately $210,521. The insider now directly owns 10,171 shares worth $257,937.

Murphy Oil Corporation (MUR) Analyst Guide

Several analysts have released their opinion on Murphy Oil Corporation (NYSE:MUR), with 2 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.7 average brokerage recommendation.