WPX Energy, Inc. (WPX) Institutional Holdings Reach $4.5 billion

WPX Energy, Inc. (NYSE:WPX) is at least 14.76% than its current record low price of $9.89. There was a 2.81% gain on 12/31/2018 that led the price to move at $11.35. At recent session, the prices were hovering between $10.985 and $11.41. This company shares are 98.77% off its target price of $22.56 and the current market capitalization stands at $5.03B. The recent change has given its price a -19.94% deficit over SMA 50 and -45.43% deficit over its 52-week high. The stock witnessed -16.79% declines, -43.59% declines and -37.05% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WPX’s volatility during a week at 5.9% and during a month it has been found around 5.45%.

WPX Energy, Inc. (WPX) Top Holders

Institutional investors currently hold around $4.5 billion or 98.2% in WPX stock. Look at its top three institutional owners. Wellington Management Group Llp owns $503.12 million in WPX Energy, Inc., which represents roughly 10% of the company’s market cap and approximately 11.19% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 36,939,299 shares of the stock are valued at $407.81 million. The third largest holder is Blackrock Inc., which currently holds $375.96 million worth of this stock and that ownership represents nearly 7.47% of its market capitalization.

WPX Energy, Inc. 13F Filings

At the end of September reporting period, 198 institutional holders increased their position in WPX Energy, Inc. (NYSE:WPX) by some 37,826,918 shares, 196 decreased positions by 47,818,481 and 90 held positions by 321,689,085. That puts total institutional holdings at 407,334,484 shares, according to SEC filings. The stock grabbed 67 new institutional investments totaling 11,908,649 shares while 55 institutional investors sold out their entire positions totaling 12,529,871 shares.

WPX Energy, Inc. (NYSE:WPX) Insider Trades

Multiple company employees have indulged in significant insider trading. WPX Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Lowrie William G has sold 1 shares of WPX Energy, Inc. (WPX) in trading session dated Nov. 08, 2018. These shares are worth $16 and were traded at $16.06 each. The SEC filing shows that Cameron Dennis C performed a sale of 10,000 shares. The SVP and General Counsel disposed these shares by way of transaction on May. 16, 2018. The company’s shares were given away at $18.19 per share worth to an income of some $181,900 on account of Cameron Dennis C.

EVP Business Development, Guderian Bryan K, sold 50,000 common shares of WPX Energy, Inc. (WPX) in the open market. In a transaction dated May. 10, 2018, the shares were put up for sale at an average price of $18.43, raking in a sum of $921,500. After this sale, 261,371 common shares of WPX are directly owned by the insider, with total stake valued at $2,966,561.

In the transaction dated May. 09, 2018, the great number of shares disposed came courtesy the VP Controller and CAO; Faulkner Stephen L Jr disposed a total of 8,100 shares at an average price of $18.87, amounting to approximately $152,847. The insider now directly owns 47,480 shares worth $538,898.

WPX Energy, Inc. (WPX) Analyst Guide

Several analysts have released their opinion on WPX Energy, Inc. (NYSE:WPX), with 12 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 16 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.62 average brokerage recommendation.