Cronos Group Inc. (CRON) Recent Ownership Changes

Cronos Group Inc. (NASDAQ:CRON) is at least 226.56% than its current record low price of $3.2. There was a -2.7% decline on 12/06/2018 that led the price to move at $10.45. At recent session, the prices were hovering between $9.76 and $10.565. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $1.85B. The recent change has given its price a 13.25% lead over SMA 50 and -31.7% deficit over its 52-week high. The stock witnessed 26.67% gains, -10.07% declines and 36.42% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CRON’s volatility during a week at 13.97% and during a month it has been found around 10.56%.

Cronos Group Inc. (CRON) Top Holders

Institutional investors currently hold around $175 million or 14.72% in CRON stock. Look at its top three institutional owners. Chescapmanager Llc owns $97.06 million in Cronos Group Inc., which represents roughly 5.25% of the company’s market cap and approximately 55.46% of the institutional ownership. Similar statistics are true for the second largest owner, Jw Asset Management, Llc, which owns 1,111,444 shares of the stock are valued at $11.94 million. The third largest holder is Morgan Stanley, which currently holds $8.95 million worth of this stock and that ownership represents nearly 0.48% of its market capitalization.

Cronos Group Inc. 13F Filings

At the end of September reporting period, 115 institutional holders increased their position in Cronos Group Inc. (NASDAQ:CRON) by some 3,854,225 shares, 22 decreased positions by 4,297,564 and 17 held positions by 8,148,113. That puts total institutional holdings at 16,299,902 shares, according to SEC filings. The stock grabbed 70 new institutional investments totaling 1,639,476 shares while 14 institutional investors sold out their entire positions totaling 45,171 shares.

Cronos Group Inc. (CRON) Analyst Guide

Several analysts have released their opinion on Cronos Group Inc. (NASDAQ:CRON), with 2 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.