Top Institutional Investors That Own Southwest Airlines Co. (LUV)

Southwest Airlines Co. (NYSE:LUV) is at least 18.05% than its current record low price of $49.93. There was a 2.18% gain on 10/16/2018 that led the price to move at $58.94. At recent session, the prices were hovering between $57.51 and $59.141. This company shares are 16.1% off its target price of $68.43 and the current market capitalization stands at $34.07B. The recent change has given its price a -3.13% deficit over SMA 50 and -12.01% deficit over its 52-week high. The stock witnessed -6.59% declines, 9.35% gains and 5.59% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LUV’s volatility during a week at 3.15% and during a month it has been found around 2.11%.

Southwest Airlines Co. (LUV) Top Holders

Institutional investors currently hold around $26.39 billion or 79.1% in LUV stock. Look at its top three institutional owners. Primecap Management Co/Ca/ owns $4.25 billion in Southwest Airlines Co., which represents roughly 12.48% of the company’s market cap and approximately 16.11% of the institutional ownership. Similar statistics are true for the second largest owner, Berkshire Hathaway Inc, which owns 56,547,399 shares of the stock are valued at $3.26 billion. The third largest holder is Vanguard Group Inc, which currently holds $2.13 billion worth of this stock and that ownership represents nearly 6.26% of its market capitalization.

Southwest Airlines Co. 13F Filings

At the end of June reporting period, 396 institutional holders increased their position in Southwest Airlines Co. (NYSE:LUV) by some 49,647,124 shares, 438 decreased positions by 61,219,974 and 139 held positions by 346,585,267. That puts total institutional holdings at 457,452,365 shares, according to SEC filings. The stock grabbed 113 new institutional investments totaling 8,829,835 shares while 99 institutional investors sold out their entire positions totaling 14,255,117 shares.

Southwest Airlines Co. (NYSE:LUV) Insider Trades

Multiple company employees have indulged in significant insider trading. Southwest Airlines Co. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP & Chief Revenue Officer Watterson Andrew M has sold 6,130 shares of Southwest Airlines Co. (LUV) in trading session dated Aug. 17, 2018. These shares are worth $363,386 and were traded at $59.28 each. The SEC filing shows that Montford John T performed a sale of 430 shares. The Director disposed these shares by way of transaction on Aug. 07, 2018. The company’s shares were given away at $58.27 per share worth to an income of some $25,056 on account of Montford John T.

SVP,Gen Counsel,Corp.Secretary, Shaw Mark R, sold 4,910 common shares of Southwest Airlines Co. (LUV) in the open market. In a transaction dated Jul. 30, 2018, the shares were put up for sale at an average price of $58.35, raking in a sum of $286,499. After this sale, 11,833 common shares of LUV are directly owned by the insider, with total stake valued at $697,437.

In the transaction dated Mar. 13, 2018, the great number of shares disposed came courtesy the Director; Brooks Douglas H disposed a total of 10,000 shares at an average price of $60.05, amounting to approximately $600,500. The insider now directly owns 46,269 shares worth $2,727,095.

Southwest Airlines Co. (LUV) Analyst Guide

Several analysts have released their opinion on Southwest Airlines Co. (NYSE:LUV), with 7 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 6 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.89 average brokerage recommendation.