172 institutional investors are raising stakes in Huntsman Corporation (HUN)

Huntsman Corporation (NYSE:HUN) enjoyed a 91.14% run-up in share price since hitting record low of $16.31. The stock managed 4.23% rise and now stands at $31.06 as of October 27, 2017. At recent session, the prices were hovering between $30.06 and $31.16. This company shares are 6.6% off its target price of $33.11 and the current market capitalization stands at $7.15B. The recent change has given its price a 12.81% lead over SMA 50 and 2.41% lead over its 52-week high. The stock witnessed 13.52% gains, 16.68% gains and 22.67% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found HUN’s volatility during a week at 2.54% and during a month it has been found around 1.95%.

Huntsman Corporation (HUN) Top Holders

Institutional investors currently hold around $5.66 billion or 78.4% in HUN stock. Look at its top three institutional owners. Vanguard Group Inc owns $732.13 million in Huntsman Corporation, which represents roughly 10.24% of the company’s market cap and approximately 12.93% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 11,181,244 shares of the stock are valued at $347.29 million. The third largest holder is Lsv Asset Management, which currently holds $328.88 million worth of this stock and that ownership represents nearly 4.6% of its market capitalization.

Huntsman Corporation 13F Filings

At the end of 06/30/2017 reporting period, 172 institutional holders increased their position in Huntsman Corporation (NYSE:HUN) by some 55,625,324 shares, 183 decreased positions by 43,889,670 and 34 held positions by 82,755,807. That puts total institutional holdings at 182,270,801 shares, according to SEC filings. The stock grabbed 68 new institutional investments totaling 31,984,622 shares while 59 institutional investors sold out their entire positions totaling 13,010,391 shares.

Huntsman Corporation (NYSE:HUN) Insider Trades

Multiple company employees have indulged in significant insider trading. Huntsman Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP and Controller Wright Randy W. has sold 56,675 shares of Huntsman Corporation (HUN) in trading session dated Jun. 30, 2017. These shares are worth $1,459,948 and were traded at $25.76 each. The SEC filing shows that Wright Randy W. performed a sale of 32,962 shares. The VP and Controller disposed these shares by way of transaction on Jun. 29, 2017. The company’s shares were given away at $25.75 per share worth to an income of some $848,772 on account of Wright Randy W..

Exec VP & CFO, Douglas Sean, purchased 2,500 common shares of Huntsman Corporation (HUN) in the open market. In a transaction dated May. 31, 2017, the shares were bought at an average price of $23.74, giving away a sum of $59,350. After this purchase, 83,496 common shares of HUN are directly owned by the insider, with total stake valued at $2,593,386.

In the transaction dated May. 31, 2017, the great number of shares acquired came courtesy the President, CEO; Huntsman Peter R added a total of 10,000 shares at an average price of $23.83, amounting to approximately $238,300. The insider now directly owns 6,010,705 shares worth $186,692,497.

Huntsman Corporation (HUN) Analyst Guide

Several analysts have released their opinion on Huntsman Corporation (NYSE:HUN), with 7 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.

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