Dimensional Fund Advisors Lp is the second biggest holder of MBIA Inc. (MBI)

MBIA Inc. (NYSE:MBI) is on recovery track with 45.03% gain from a 1-year low price of $6.04. The company added 6.31% to attain the price of $8.76 on 02/16/2018. Throughout the recent session, the prices were hovering between $8.56 and $8.99. These shares are 14.5% off its target price of $10.03 and the current market capitalization stands at $756.34M. The recent change has given its price a 15.85% lead over SMA 50 and -19.56% deficit over its 52-week high. The stock witnessed 17.11% gains, 1.04% gains and -15.28% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MBI’s volatility during a week at 7.05% and during a month it has been found around 4.79%.

MBIA Inc. (MBI) Top Holders

Institutional investors currently hold around $958 million or 0% in MBI stock. Look at its top three institutional owners. Fine Capital Partners, L.P. owns $97.12 million in MBIA Inc., which represents roughly 12.84% of the company’s market cap and approximately 10.14% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 8,436,014 shares of the stock are valued at $73.9 million. The third largest holder is Vanguard Group Inc, which currently holds $64.21 million worth of this stock and that ownership represents nearly 8.49% of its market capitalization.

MBIA Inc. 13F Filings

At the end of 12/31/2017 reporting period, 81 institutional holders increased their position in MBIA Inc. (NYSE:MBI) by some 15,865,428 shares, 94 decreased positions by 26,432,657 and 20 held positions by 67,032,321. That puts total institutional holdings at 109,330,406 shares, according to SEC filings. The stock grabbed 37 new institutional investments totaling 3,860,323 shares while 31 institutional investors sold out their entire positions totaling 7,949,377 shares.

MBIA Inc. (NYSE:MBI) Insider Trades

Multiple company employees have indulged in significant insider trading. MBIA Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Brown Joseph W has acquired 50,000 shares of MBIA Inc. (MBI) in trading session dated Dec. 19, 2017. These shares are worth $362,500 and were traded at $7.25 each. The SEC filing shows that Shasta Theodore performed a purchase of 20,000 shares. The Director added these shares by way of transaction on Aug. 15, 2017. The company’s shares were assimilated at $10.41 per share worth to an investment of some $208,200 on account of Shasta Theodore.

Director, Shasta Theodore, sold 13,967 common shares of MBIA Inc. (MBI) in the open market. In a transaction dated Aug. 11, 2017, the shares were put up for sale at an average price of $10.3, raking in a sum of $143,860. After this sale, 107,850 common shares of MBI are directly owned by the insider, with total stake valued at $944,766.

In the transaction dated Jun. 28, 2017, the great number of shares acquired came courtesy the Director; Rinehart Charles R added a total of 40,000 shares at an average price of $9.25, amounting to approximately $370,000. The insider now directly owns 212,592 shares worth $1,862,306.

MBIA Inc. (MBI) Analyst Guide

Several analysts have released their opinion on MBIA Inc. (NYSE:MBI), with 0 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation.

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