Apptio, Inc. (NASDAQ:APTI) is now up 76.82% compared to a 12-month low of $21.61. We have seen the price to move 0.95% higher and get settled at $38.21 on 12/06/2018. At recent session, it appeared stuck in a range of $37.7 to $38.41. This company shares are -5.02% up from its target price of $36.29 and the current market capitalization stands at $1.72B. The recent change has given its price a 16.86% lead over SMA 50 and -7.62% deficit over its 52-week high. The stock witnessed 53.39% gains, 0.05% gains and 12.35% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found APTI’s volatility during a week at 0.89% and during a month it has been found around 1.43%.Apptio, Inc. (APTI) Top Holders
Institutional investors currently hold around $1.31 billion or 77.8% in APTI stock. Look at its top three institutional owners. Fmr Llc owns $87.91 million in Apptio, Inc., which represents roughly 5.11% of the company’s market cap and approximately 6.73% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 2,309,778 shares of the stock are valued at $87.43 million. The third largest holder is Blackrock Inc., which currently holds $85.69 million worth of this stock and that ownership represents nearly 4.98% of its market capitalization.Apptio, Inc. 13F Filings
At the end of September reporting period, 97 institutional holders increased their position in Apptio, Inc. (NASDAQ:APTI) by some 5,770,354 shares, 57 decreased positions by 5,330,165 and 23 held positions by 23,432,238. That puts total institutional holdings at 34,532,757 shares, according to SEC filings. The stock grabbed 30 new institutional investments totaling 2,360,883 shares while 15 institutional investors sold out their entire positions totaling 929,611 shares.Apptio, Inc. (NASDAQ:APTI) Insider Trades
Multiple company employees have indulged in significant insider trading. Apptio, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Marketing Officer Pick Christopher has sold 1,772 shares of Apptio, Inc. (APTI) in trading session dated Nov. 20, 2018. These shares are worth $66,680 and were traded at $37.63 each. The SEC filing shows that Blasko Lawrence performed a sale of 3,713 shares. The Chief Revenue Officer disposed these shares by way of transaction on Nov. 15, 2018. The company’s shares were given away at $37.77 per share worth to an income of some $140,240 on account of Blasko Lawrence.
, Morrow John C, sold 774 common shares of Apptio, Inc. (APTI) in the open market. In a transaction dated Nov. 15, 2018, the shares were put up for sale at an average price of $37.77, raking in a sum of $29,234. After this sale, 43,280 common shares of APTI are directly owned by the insider, with total stake valued at $1,653,729.
In the transaction dated Nov. 15, 2018, the great number of shares disposed came courtesy the, 10% Owner; Gupta Sachin disposed a total of 807 shares at an average price of $37.77, amounting to approximately $30,480. The insider now directly owns 4,398,810 shares worth $168,078,530.Apptio, Inc. (APTI) Analyst Guide
Several analysts have released their opinion on Apptio, Inc. (NASDAQ:APTI), with 2 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 2.29 average brokerage recommendation.