The Children’s Place, Inc. (NASDAQ:PLCE) produced a 47.6% rally since recording the worst price of $70.9. Thanks to the latest -2.88% decrease, it now trades at $104.65. Throughout the trading on Jul. 14, 2017, the share price floated between $104.35 and $108.05. This company shares are 25.18% off its target price of $131 and the current market capitalization stands at $1.86B. The recent change has given its price a -3.06% deficit over SMA 50 and -16.48% deficit over its 52-week high. The stock witnessed -2.74% declines, -4.82% declines and 1.95% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PLCE’s volatility during a week at 2.89% and during a month it has been found around 3.1%.

The Children’s Place, Inc. (PLCE) Top Holders

Institutional investors currently hold around $2.41 billion or 95% in PLCE stock. Look at its top three institutional owners. Blackrock Inc. owns $262.09 million in The Children’s Place, Inc., which represents roughly 14.09% of the company’s market cap and approximately 10.86% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 2,393,597 shares of the stock are valued at $257.91 million. The third largest holder is Royce & Associates Lp, which currently holds $114.85 million worth of this stock and that ownership represents nearly 6.17% of its market capitalization.

The Children’s Place, Inc. 13F Filings

At the end of March 2017 reporting period, 144 institutional holders increased their position in The Children’s Place, Inc. (NASDAQ:PLCE) by some 2,690,846 shares, 121 decreased positions by 2,121,514 and 20 held positions by 17,585,596. That puts total institutional holdings at 22,397,956 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 937,091 shares while 25 institutional investors sold out their entire positions totaling 561,812 shares.

The Children’s Place, Inc. (NASDAQ:PLCE) Insider Trades

Multiple company employees have indulged in significant insider trading. The Children’s Place, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CHIEF OPERATING OFFICER SCARPA MICHAEL has sold 37,231 shares of The Children’s Place, Inc. (PLCE) in trading session dated May. 25, 2017. These shares are worth $4,023,926 and were traded at $108.08 each. The SEC filing shows that POOLE GREGORY I performed a sale of 19,223 shares. The SVP, GLOBAL SOURCING disposed these shares by way of transaction on May. 25, 2017. The company’s shares were given away at $108.56 per share worth to an income of some $2,086,849 on account of POOLE GREGORY I.

SVP, GEN COUNSEL & SECRETARY, COST BRADLEY P, sold 7,800 common shares of The Children’s Place, Inc. (PLCE) in the open market. In a transaction dated May. 25, 2017, the shares were put up for sale at an average price of $109.01, raking in a sum of $850,278. After this sale, 14,935 common shares of PLCE are directly owned by the insider, with total stake valued at $1,562,948.

In the transaction dated May. 25, 2017, the great number of shares disposed came courtesy the SVP, STORE OPERATIONS; LOW KEVIN disposed a total of 14,517 shares at an average price of $109.04, amounting to approximately $1,582,934. The insider now directly owns 28,048 shares worth $2,935,223.

The Children’s Place, Inc. (PLCE) Analyst Guide

Several analysts have released their opinion on The Children’s Place, Inc. (NASDAQ:PLCE), with 6 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 1.38 average brokerage recommendation.

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