Which insiders are buying New Oriental Education & Technology Group Inc. (EDU)?

New Oriental Education & Technology Group Inc. (NYSE:EDU) marched up 47.89% compared to a 52-week low price of $69.53. The shares were last seen trading -3.25% lower, taking the closing price at $102.82 on 06/13/2018. At recent session, the prices were hovering between $100.05 and $106.97. This company shares are 8.69% off its target price of $111.75 and the current market capitalization stands at $16.17B. The recent change has given its price a 8.51% lead over SMA 50 and -5.15% deficit over its 52-week high. The stock witnessed 9.94% gains, 11.99% gains and 13.94% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EDU’s volatility during a week at 3.44% and during a month it has been found around 3.27%.

New Oriental Education & Technology Group Inc. (EDU) Top Holders

Institutional investors currently hold around $13.3 billion or 85.7% in EDU stock. Look at its top three institutional owners. Wellington Management Group Llp owns $837.93 million in New Oriental Education & Technology Group Inc., which represents roughly 5.18% of the company’s market cap and approximately 6.3% of the institutional ownership. Similar statistics are true for the second largest owner, Baillie Gifford & Co, which owns 7,600,260 shares of the stock are valued at $807.68 million. The third largest holder is Blackrock Inc., which currently holds $691.87 million worth of this stock and that ownership represents nearly 4.28% of its market capitalization.

New Oriental Education & Technology Group Inc. 13F Filings

At the end of 03/31/2018 reporting period, 180 institutional holders increased their position in New Oriental Education & Technology Group Inc. (NYSE:EDU) by some 19,922,323 shares, 128 decreased positions by 20,589,476 and 36 held positions by 84,636,253. That puts total institutional holdings at 125,148,052 shares, according to SEC filings. The stock grabbed 52 new institutional investments totaling 4,283,740 shares while 42 institutional investors sold out their entire positions totaling 5,460,428 shares.

IHS Markit Ltd. (NASDAQ:INFO) last session’s volume of 1.88 million shares was lower than its average volume of 1.94 million shares. The stock, after opening at $50.6, hit $50.28 through the close by scoring -0.63%.

IHS Markit Ltd. (INFO) Analyst Opinion

IHS Markit Ltd. has a consensus outperform rating from 15 Wall Street analysts, and the number of shares currently sold short amount to at least 2.3% of shares outstanding. The stock sank -3.18% last month and is up 11.36 this year. Wall Street is only getting more bullish on the stock, with 9 of analysts who cover INFO having a buy-equivalent rating. Analysts have placed a $54.5 price target on IHS Markit Ltd., suggesting a 8.39% gain from recent close. It’s currently trading about -4.43% below its 52-week high.

IHS Markit Ltd. Earnings Surprise

IHS Markit Ltd. (INFO) surprised the stock market in its last reported earnings when it earned $0.53 a piece versus the consensus-estimated $0.5. Its revenue totaled $906.96 million down -3.99% from the previous quarter.

IHS Markit Ltd. (NASDAQ:INFO) Intraday View

This stock (INFO) is ahead of its 52-week low with 18.58%. Its last month’s stock price volatility remained 1.25% which for the week stands at 1.42%. The share price has moved backward from its 20 days moving average, trading at a distance of -0.81% and stays 0.82% away from its 50 days moving average. Over the last five days, shares have faced -2.35% losses and now is up 7.26% since hitting its 200-day moving average of $47.85. IHS Markit Ltd. (INFO) has made its way to a 12-month gain of 7.9%.

Previous articleThe Top Three Holders Of Iron Mountain Incorporated (IRM)
Next articleIs Momentum Shifting? – American Tower Corporation (REIT) (AMT), Umpqua Holdings Corporation (UMPQ)