Rayonier Advanced Materials Inc. (NYSE:RYAM) has made a 47.16% comeback from a 12-month low price of $10.37. It was seen -2.93% lower, changing the price to $15.26, when the closing bell rang on July 14, 2017. At recent session, the prices were hovering between $15.24 and $15.84. This company shares are 31.06% off its target price of $20 and the current market capitalization stands at $681.36M. The recent change has given its price a 1.11% lead over SMA 50 and -13.3% deficit over its 52-week high. The stock witnessed -6.5% declines, 21.98% gains and -6.15% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RYAM’s volatility during a week at 2.75% and during a month it has been found around 3.38%.

Rayonier Advanced Materials Inc. (RYAM) Top Holders

Institutional investors currently hold around $615 million or 91.9% in RYAM stock. Look at its top three institutional owners. Vanguard Group Inc owns $108.41 million in Rayonier Advanced Materials Inc., which represents roughly 15.91% of the company’s market cap and approximately 17.63% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,264,614 shares of the stock are valued at $82.76 million. The third largest holder is Renaissance Technologies Llc, which currently holds $50.17 million worth of this stock and that ownership represents nearly 7.36% of its market capitalization.

Rayonier Advanced Materials Inc. 13F Filings

At the end of March 2017 reporting period, 90 institutional holders increased their position in Rayonier Advanced Materials Inc. (NYSE:RYAM) by some 4,673,453 shares, 98 decreased positions by 5,198,007 and 33 held positions by 29,235,949. That puts total institutional holdings at 39,107,409 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 1,552,748 shares while 27 institutional investors sold out their entire positions totaling 1,671,198 shares.

Rayonier Advanced Materials Inc. (NYSE:RYAM) Insider Trades

Multiple company employees have indulged in significant insider trading. Rayonier Advanced Materials Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director TOWNSEND RONALD has sold 2,585 shares of Rayonier Advanced Materials Inc. (RYAM) in trading session dated Nov. 02, 2016. These shares are worth $31,511 and were traded at $12.19 each. The SEC filing shows that Manzer William R performed a sale of 3,184 shares. The SVP, Manufacturing Operations disposed these shares by way of transaction on Aug. 31, 2016. The company’s shares were given away at $12.08 per share worth to an income of some $38,463 on account of Manzer William R.

Director, PALUMBO LISA M, purchased 5,000 common shares of Rayonier Advanced Materials Inc. (RYAM) in the open market. In a transaction dated Sep. 02, 2015, the shares were bought at an average price of $5.94, giving away a sum of $29,700. After this purchase, 29,244 common shares of RYAM are directly owned by the insider, with total stake valued at $446,263.

In the transaction dated Aug. 26, 2015, the great number of shares acquired came courtesy the CFO, SVP Finance & Strategy; Ruperto Frank A added a total of 5,000 shares at an average price of $6.61, amounting to approximately $33,050. The insider now directly owns 36,007 shares worth $549,467.

Rayonier Advanced Materials Inc. (RYAM) Analyst Guide

Several analysts have released their opinion on Rayonier Advanced Materials Inc. (NYSE:RYAM), with 2 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.75 average brokerage recommendation.

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