Monro Muffler Brake, Inc. (NASDAQ:MNRO) reached 6.96% versus a 1-year low price of $48.85. The stock was last seen 4.5% higher, reaching at $52.25 on May 18, 2017. At recent session, the prices were hovering between $49.4 and $53. This company shares are 28.54% off its target price of $67.16 and the current market capitalization stands at $1.7B. The recent change has given its price a -0.7% deficit over SMA 50 and -25.51% deficit over its 52-week high. The stock witnessed -3.15% declines, -8.85% declines and -11.21% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MNRO’s volatility during a week at 3.16% and during a month it has been found around 2.95%.

Monro Muffler Brake, Inc. (MNRO) Top Holders

Institutional investors currently hold around $1.95 billion or 99.4% in MNRO stock. Look at its top three institutional owners. Blackrock Inc. owns $202.19 million in Monro Muffler Brake, Inc., which represents roughly 11.89% of the company’s market cap and approximately 10.35% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 3,023,550 shares of the stock are valued at $151.18 million. The third largest holder is Blackrock Fund Advisors, which currently holds $125.99 million worth of this stock and that ownership represents nearly 7.41% of its market capitalization.

Monro Muffler Brake, Inc. 13F Filings

At the end of 03/31/2017 reporting period, 117 institutional holders increased their position in Monro Muffler Brake, Inc. (NASDAQ:MNRO) by some 7,162,616 shares, 90 decreased positions by 2,905,806 and 29 held positions by 28,983,838. That puts total institutional holdings at 39,052,260 shares, according to SEC filings. The stock grabbed 26 new institutional investments totaling 265,530 shares while 25 institutional investors sold out their entire positions totaling 974,901 shares.

Monro Muffler Brake, Inc. (NASDAQ:MNRO) Insider Trades

Multiple company employees have indulged in significant insider trading. Monro Muffler Brake, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive Vice President TOMARCHIO JOSEPH JR has sold 11,250 shares of Monro Muffler Brake, Inc. (MNRO) in trading session dated Feb. 21, 2017. These shares are worth $648,000 and were traded at $57.6 each. The SEC filing shows that Pickens Raymond L performed a sale of 750 shares. The Divisional Vice President disposed these shares by way of transaction on Feb. 16, 2017. The company’s shares were given away at $57.21 per share worth to an income of some $42,908 on account of Pickens Raymond L.

Divisional Vice President, HOORNBECK CHRISTOPHER R, sold 7,000 common shares of Monro Muffler Brake, Inc. (MNRO) in the open market. In a transaction dated Feb. 09, 2017, the shares were put up for sale at an average price of $59, raking in a sum of $413,000. After this sale, 26,855 common shares of MNRO are directly owned by the insider, with total stake valued at $1,403,174.

In the transaction dated Feb. 09, 2017, the great number of shares disposed came courtesy the Divisional Vice President; Pickens Raymond L disposed a total of 1,000 shares at an average price of $58.9, amounting to approximately $58,900. The insider now directly owns 687 shares worth $35,896.

Monro Muffler Brake, Inc. (MNRO) Analyst Guide

Several analysts have released their opinion on Monro Muffler Brake, Inc. (NASDAQ:MNRO), with 4 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.86 average brokerage recommendation.

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