Profire Energy, Inc. (NASDAQ:PFIE) reached 76.47% versus a 1-year low price of $0.85. The stock was last seen 6.38% higher, reaching at $1.5 on Mar. 10, 2017. At recent session, the prices were hovering between $1.4 and $1.52. This company shares are 18.67% off its target price of $1.78 and the current market capitalization stands at $73.97M. The recent change has given its price a 15.98% lead over SMA 50 and 0.67% lead over its 52-week high. The stock witnessed 15.57% gains, 0.71% gains and 19.49% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PFIE’s volatility during a week at 5.15% and during a month it has been found around 4.6%.

Profire Energy, Inc. (PFIE) Top Holders

Institutional investors currently hold around $13 million or 17.5% in PFIE stock. Look at its top three institutional owners. Royce & Associates Lp owns $4.4 million in Profire Energy, Inc., which represents roughly 5.94% of the company’s market cap and approximately 33.81% of the institutional ownership. Similar statistics are true for the second largest owner, Northpointe Capital Llc, which owns 1,878,223 shares of the stock are valued at $2.65 million. The third largest holder is Pacific Ridge Capital Partners, Llc, which currently holds $1.48 million worth of this stock and that ownership represents nearly 2% of its market capitalization.

Profire Energy, Inc. 13F Filings

At the end of 12/31/2016 reporting period, 21 institutional holders increased their position in Profire Energy, Inc. (NASDAQ:PFIE) by some 1,016,434 shares, 11 decreased positions by 649,542 and 7 held positions by 7,642,156. That puts total institutional holdings at 9,308,132 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 638,259 shares while 4 institutional investors sold out their entire positions totaling 183,813 shares.

Profire Energy, Inc. (NASDAQ:PFIE) Insider Trades

Multiple company employees have indulged in significant insider trading. Profire Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO, 10% Owner Hatch Brenton W has sold 34,887 shares of Profire Energy, Inc. (PFIE) in trading session dated Feb. 28, 2017. These shares are worth $42,911 and were traded at $1.23 each. The SEC filing shows that Hatch Brenton W performed a sale of 28,236 shares. The CEO, 10% Owner disposed these shares by way of transaction on Feb. 23, 2017. The company’s shares were given away at $1.25 per share worth to an income of some $35,295 on account of Hatch Brenton W.

CEO, 10% Owner, Hatch Brenton W, sold 10,000 common shares of Profire Energy, Inc. (PFIE) in the open market. In a transaction dated Feb. 03, 2017, the shares were put up for sale at an average price of $1.23, raking in a sum of $12,300. After this sale, 14,250,000 common shares of PFIE are directly owned by the insider, with total stake valued at $21,375,000.

In the transaction dated Jan. 30, 2017, the great number of shares disposed came courtesy the CEO, 10% Owner; Hatch Brenton W disposed a total of 20,000 shares at an average price of $1.25, amounting to approximately $25,000. The insider now directly owns 14,260,000 shares worth $21,390,000.

Profire Energy, Inc. (PFIE) Analyst Guide

Several analysts have released their opinion on Profire Energy, Inc. (NASDAQ:PFIE), with 3 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.

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