Are The Smart Money Right To Side With ADT Inc. (ADT)?

ADT Inc. (NYSE:ADT) has made a 20.78% comeback from a 12-month low price of $5.88. It was seen 2.6% higher, changing the price to $7.1, when the closing bell rang on 01/11/2019. At recent session, the prices were hovering between $6.84 and $7.1. This company shares are 71.41% off its target price of $12.17 and the current market capitalization stands at $5.36B. The recent change has given its price a -1.51% deficit over SMA 50 and -45.47% deficit over its 52-week high. The stock witnessed -2.2% declines, -12.78% declines and -20.4% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ADT’s volatility during a week at 3.88% and during a month it has been found around 5.18%.

ADT Inc. (ADT) Top Holders

Institutional investors currently hold around $5.29 billion or 98.8% in ADT stock. Look at its top three institutional owners. Apollo Management Holdings, L.P. owns $4.43 billion in ADT Inc., which represents roughly 82.7% of the company’s market cap and approximately 83.81% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 18,970,911 shares of the stock are valued at $134.69 million. The third largest holder is Harris Associates L P, which currently holds $129.36 million worth of this stock and that ownership represents nearly 2.41% of its market capitalization.

ADT Inc. 13F Filings

At the end of September reporting period, 105 institutional holders increased their position in ADT Inc. (NYSE:ADT) by some 22,440,877 shares, 56 decreased positions by 32,385,556 and 17 held positions by 690,053,622. That puts total institutional holdings at 744,880,055 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 8,308,369 shares while 21 institutional investors sold out their entire positions totaling 10,322,293 shares.

ADT Inc. (NYSE:ADT) Insider Trades

Multiple company employees have indulged in significant insider trading. ADT Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Africk Andrew has acquired 130,000 shares of ADT Inc. (ADT) in trading session dated May. 14, 2018. These shares are worth $969,800 and were traded at $7.46 each. The SEC filing shows that Pulliam Amelia performed a purchase of 1,500 shares. The SVP, Chief Human Resources Off added these shares by way of transaction on Jan. 19, 2018. The company’s shares were assimilated at $14 per share worth to an investment of some $21,000 on account of Pulliam Amelia.

SVP, National Account Sales, Dale Robert M, purchased 8,000 common shares of ADT Inc. (ADT) in the open market. In a transaction dated Jan. 19, 2018, the shares were bought at an average price of $14, giving away a sum of $112,000. After this purchase, 447,027 common shares of ADT are directly owned by the insider, with total stake valued at $3,173,892.

In the transaction dated Jan. 19, 2018, the great number of shares acquired came courtesy the SVP, National Account Sales; Dale Robert M added a total of 8,000 shares at an average price of $14, amounting to approximately $112,000. The insider now directly owns 212,781 shares worth $1,510,745.