Chicago Bridge & Iron Company N.V. (NYSE:CBI) produced a 35.24% rally since recording the worst price of $12.91. Thanks to the latest -2.51% decrease, it now trades at $17.46. Throughout the trading on final day of the week, the share price floated between $17.43 and $18.05. This company shares are 53.09% off its target price of $26.73 and the current market capitalization stands at $1.92B. The recent change has given its price a -10.04% deficit over SMA 50 and -56.03% deficit over its 52-week high. The stock witnessed 7.64% gains, -39.67% declines and -46.87% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CBI’s volatility during a week at 4.27% and during a month it has been found around 8.45%.Chicago Bridge & Iron Company N.V. (CBI) Top Holders
Institutional investors currently hold around $1.2 billion or 67.5% in CBI stock. Look at its top three institutional owners. Vanguard Group Inc owns $149.89 million in Chicago Bridge & Iron Company N.V., which represents roughly 7.81% of the company’s market cap and approximately 12.47% of the institutional ownership. Similar statistics are true for the second largest owner, Fmr Llc, which owns 5,253,638 shares of the stock are valued at $94.09 million. The third largest holder is Southernsun Asset Management, Llc, which currently holds $91.7 million worth of this stock and that ownership represents nearly 4.78% of its market capitalization.Chicago Bridge & Iron Company N.V. 13F Filings
At the end of March 2017 reporting period, 181 institutional holders increased their position in Chicago Bridge & Iron Company N.V. (NYSE:CBI) by some 13,431,603 shares, 214 decreased positions by 11,315,255 and 55 held positions by 42,363,030. That puts total institutional holdings at 67,109,888 shares, according to SEC filings. The stock grabbed 45 new institutional investments totaling 1,578,569 shares while 86 institutional investors sold out their entire positions totaling 5,393,788 shares.
Multiple company employees have indulged in significant insider trading. Chicago Bridge & Iron Company N.V. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP, Controller, CAO Stockton Westley S. has sold 2,657 shares of Chicago Bridge & Iron Company N.V. (CBI) in trading session dated Apr. 25, 2017. These shares are worth $82,367 and were traded at $31 each. The SEC filing shows that RAY EDGAR C. performed a sale of 48,700 shares. The EXECUTIVE VICE PRESIDENT disposed these shares by way of transaction on Apr. 25, 2017. The company’s shares were given away at $31.03 per share worth to an income of some $1,511,161 on account of RAY EDGAR C..
EXECUTIVE VICE PRESIDENT, RAY EDGAR C., sold 1,300 common shares of Chicago Bridge & Iron Company N.V. (CBI) in the open market. In a transaction dated Apr. 10, 2017, the shares were put up for sale at an average price of $31, raking in a sum of $40,300. After this sale, 126,352 common shares of CBI are directly owned by the insider, with total stake valued at $2,206,106.
In the transaction dated Apr. 10, 2017, the great number of shares disposed came courtesy the VP, Controller, CAO; Stockton Westley S. disposed a total of 1,200 shares at an average price of $31, amounting to approximately $37,200. The insider now directly owns 21,662 shares worth $378,219.Chicago Bridge & Iron Company N.V. (CBI) Analyst Guide
Several analysts have released their opinion on Chicago Bridge & Iron Company N.V. (NYSE:CBI), with 5 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.3 average brokerage recommendation.