The Top Three Holders Of SM Energy Company (SM)

SM Energy Company (NYSE:SM) reached 104.56% versus a 1-year low price of $12.29. The stock was last seen 2.32% higher, reaching at $25.14 on 06/20/2018. At recent session, the prices were hovering between $24.5 and $25.415. This company shares are 21.32% off its target price of $30.5 and the current market capitalization stands at $2.81B. The recent change has given its price a 5.84% lead over SMA 50 and -10.85% deficit over its 52-week high. The stock witnessed -7.51% declines, 32.95% gains and 24.15% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SM’s volatility during a week at 5.11% and during a month it has been found around 5.43%.

SM Energy Company (SM) Top Holders

Institutional investors currently hold around $3.33 billion or 0% in SM stock. Look at its top three institutional owners. Vanguard Group Inc owns $229.83 million in SM Energy Company, which represents roughly 8.18% of the company’s market cap and approximately 6.91% of the institutional ownership. Similar statistics are true for the second largest owner, Millennium Management Llc, which owns 9,116,966 shares of the stock are valued at $224 million. The third largest holder is Capital Research Global Investors, which currently holds $220.42 million worth of this stock and that ownership represents nearly 7.84% of its market capitalization.

SM Energy Company 13F Filings

At the end of March reporting period, 132 institutional holders increased their position in SM Energy Company (NYSE:SM) by some 17,572,818 shares, 128 decreased positions by 10,690,859 and 40 held positions by 107,145,369. That puts total institutional holdings at 135,409,046 shares, according to SEC filings. The stock grabbed 41 new institutional investments totaling 4,840,501 shares while 45 institutional investors sold out their entire positions totaling 4,333,007 shares.

SM Energy Company (NYSE:SM) Insider Trades

Multiple company employees have indulged in significant insider trading. SM Energy Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP – Operations Vogel Herbert S has acquired 3,000 shares of SM Energy Company (SM) in trading session dated Jun. 08, 2017. These shares are worth $49,800 and were traded at $16.6 each. The SEC filing shows that Ottoson Javan D performed a purchase of 2,000 shares. The President & CEO added these shares by way of transaction on Jun. 08, 2017. The company’s shares were assimilated at $16.44 per share worth to an investment of some $32,880 on account of Ottoson Javan D.

EVP – Operations, Vogel Herbert S, purchased 1,000 common shares of SM Energy Company (SM) in the open market. In a transaction dated Mar. 13, 2017, the shares were bought at an average price of $21.84, giving away a sum of $21,840. After this purchase, 32,037 common shares of SM are directly owned by the insider, with total stake valued at $805,410.

In the transaction dated Mar. 08, 2017, the great number of shares acquired came courtesy the Director; Robeson Rose M added a total of 1,000 shares at an average price of $23.36, amounting to approximately $23,360. The insider now directly owns 17,381 shares worth $436,958.

SM Energy Company (SM) Analyst Guide

Several analysts have released their opinion on SM Energy Company (NYSE:SM), with 13 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.