Ryerson Holding Corporation (NYSE:RYI) produced a 56.86% rally since recording the worst price of $7.65. Thanks to the latest 18.23% increase, it now trades at $12. Throughout the trading on 01/11/2018, the share price floated between $10.2 and $12.3. This company shares are -3.5% up from its target price of $11.58 and the current market capitalization stands at $446.29M. The recent change has given its price a 27.77% lead over SMA 50 and -18.09% deficit over its 52-week high. The stock witnessed 31.87% gains, 26.98% gains and 32.6% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RYI’s volatility during a week at 7.72% and during a month it has been found around 5.32%.Ryerson Holding Corporation (RYI) Top Holders
Institutional investors currently hold around $148 million or 98.5% in RYI stock. Look at its top three institutional owners. Towle & Co owns $20.8 million in Ryerson Holding Corporation, which represents roughly 4.66% of the company’s market cap and approximately 14.06% of the institutional ownership. Similar statistics are true for the second largest owner, Goldman Sachs Group Inc, which owns 1,484,026 shares of the stock are valued at $15.06 million. The third largest holder is Blackrock Inc., which currently holds $12.18 million worth of this stock and that ownership represents nearly 2.73% of its market capitalization.
At the end of 09/30/2017 reporting period, 41 institutional holders increased their position in Ryerson Holding Corporation (NYSE:RYI) by some 2,183,718 shares, 47 decreased positions by 2,945,924 and 16 held positions by 9,481,725. That puts total institutional holdings at 14,611,367 shares, according to SEC filings. The stock grabbed 12 new institutional investments totaling 969,159 shares while 11 institutional investors sold out their entire positions totaling 494,487 shares.Ryerson Holding Corporation (NYSE:RYI) Insider Trades
Multiple company employees have indulged in significant insider trading. Ryerson Holding Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President & CEO Lehner Edward J. has acquired 1,000 shares of Ryerson Holding Corporation (RYI) in trading session dated Nov. 21, 2017. These shares are worth $8,450 and were traded at $8.45 each. The SEC filing shows that Lehner Edward J. performed a purchase of 2,500 shares. The President & CEO added these shares by way of transaction on Nov. 17, 2017. The company’s shares were assimilated at $8.7 per share worth to an investment of some $21,750 on account of Lehner Edward J..
President & CEO, Lehner Edward J., purchased 2,500 common shares of Ryerson Holding Corporation (RYI) in the open market. In a transaction dated Nov. 13, 2017, the shares were bought at an average price of $8.74, giving away a sum of $21,850. After this purchase, 136,890 common shares of RYI are directly owned by the insider, with total stake valued at $1,642,680.
In the transaction dated Aug. 25, 2017, the great number of shares acquired came courtesy the President & CEO; Lehner Edward J. added a total of 2,000 shares at an average price of $7.75, amounting to approximately $15,500. The insider now directly owns 134,390 shares worth $1,612,680.Ryerson Holding Corporation (RYI) Analyst Guide
Several analysts have released their opinion on Ryerson Holding Corporation (NYSE:RYI), with 1 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.6 average brokerage recommendation.