19 institutional investors are raising stakes in PHI, Inc. (PHIIK)

PHI, Inc. (NASDAQ:PHIIK) enjoyed a 13.61% run-up in share price since hitting record low of $1.69. The stock managed 3.23% rise and now stands at $1.92 as of 01/10/2019. At recent session, the prices were hovering between $1.85 and $1.9411. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $24.79M. The recent change has given its price a -53.26% deficit over SMA 50 and -85.66% deficit over its 52-week high. The stock witnessed -38.46% declines, -79.77% declines and -79.29% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PHIIK’s volatility during a week at 11.91% and during a month it has been found around 12.36%.

PHI, Inc. (PHIIK) Top Holders

Institutional investors currently hold around $14 million or 60.23% in PHIIK stock. Look at its top three institutional owners. West Face Capital Inc. owns $3.31 million in PHI, Inc., which represents roughly 13.36% of the company’s market cap and approximately 23.66% of the institutional ownership. Similar statistics are true for the second largest owner, Van Den Berg Management I, Inc, which owns 1,211,751 shares of the stock are valued at $2.25 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $2.01 million worth of this stock and that ownership represents nearly 8.09% of its market capitalization.

PHI, Inc. 13F Filings

At the end of September reporting period, 19 institutional holders increased their position in PHI, Inc. (NASDAQ:PHIIK) by some 221,000 shares, 29 decreased positions by 628,857 and 12 held positions by 6,891,787. That puts total institutional holdings at 7,741,644 shares, according to SEC filings. The stock grabbed 1 new institutional investments totaling 87,880 shares while 10 institutional investors sold out their entire positions totaling 122,529 shares.

PHI, Inc. (NASDAQ:PHIIK) Insider Trades

Multiple company employees have indulged in significant insider trading. PHI, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Murphy Thomas H has acquired 1,000 shares of PHI, Inc. (PHIIK) in trading session dated May. 23, 2017. These shares are worth $10,500 and were traded at $10.5 each. The SEC filing shows that Stepanek David F. performed a sale of 7,050 shares. The Dir of Corp. Business Develop. disposed these shares by way of transaction on Mar. 21, 2017. The company’s shares were given away at $12.65 per share worth to an income of some $89,183 on account of Stepanek David F..

Dir of Corp. Business Develop., Stepanek David F., sold 1,070 common shares of PHI, Inc. (PHIIK) in the open market. In a transaction dated Aug. 16, 2016, the shares were put up for sale at an average price of $19, raking in a sum of $20,330. After this sale, 16,102 common shares of PHIIK are directly owned by the insider, with total stake valued at $30,916.

In the transaction dated Jun. 01, 2016, the great number of shares acquired came courtesy the CEO, 10% Owner; Gonsoulin Alton Anthony Jr added a total of 16,000 shares at an average price of $17.22, amounting to approximately $275,520. The insider now directly owns 1,139,280 shares worth $2,187,418.