Core-Mark Holding Company, Inc. (NASDAQ:CORE) is at least 61.11% than its current record low price of $17.1. There was a 2.65% gain on 01/11/2019 that led the price to move at $27.55. At recent session, the prices were hovering between $26.7501 and $27.81. This company shares are 17.21% off its target price of $32.29 and the current market capitalization stands at $1.26B. The recent change has given its price a -0.65% deficit over SMA 50 and -31.33% deficit over its 52-week high. The stock witnessed 9.28% gains, -19.18% declines and 17.84% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CORE’s volatility during a week at 4.33% and during a month it has been found around 4.89%.Core-Mark Holding Company, Inc. (CORE) Top Holders
Institutional investors currently hold around $1.19 billion or 96% in CORE stock. Look at its top three institutional owners. Blackrock Inc. owns $191.49 million in Core-Mark Holding Company, Inc., which represents roughly 15.2% of the company’s market cap and approximately 16.1% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 4,518,138 shares of the stock are valued at $124.48 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $80.63 million worth of this stock and that ownership represents nearly 6.4% of its market capitalization.
At the end of September reporting period, 101 institutional holders increased their position in Core-Mark Holding Company, Inc. (NASDAQ:CORE) by some 6,451,370 shares, 73 decreased positions by 7,073,194 and 22 held positions by 29,640,771. That puts total institutional holdings at 43,165,335 shares, according to SEC filings. The stock grabbed 47 new institutional investments totaling 1,526,778 shares while 18 institutional investors sold out their entire positions totaling 1,506,060 shares.Core-Mark Holding Company, Inc. (NASDAQ:CORE) Insider Trades
Multiple company employees have indulged in significant insider trading. Core-Mark Holding Company, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior VP & CFO Miller Christopher M has sold 2,678 shares of Core-Mark Holding Company, Inc. (CORE) in trading session dated Jan. 04, 2019. These shares are worth $66,254 and were traded at $24.74 each. The SEC filing shows that Hobson Christopher performed a sale of 5,812 shares. The Senior VP US Distribution disposed these shares by way of transaction on Nov. 08, 2018. The company’s shares were given away at $30.73 per share worth to an income of some $178,603 on account of Hobson Christopher.
Director, Flanagan Laura Jean, purchased 1,930 common shares of Core-Mark Holding Company, Inc. (CORE) in the open market. In a transaction dated Jun. 14, 2018, the shares were bought at an average price of $20.61, giving away a sum of $39,777. After this purchase, 8,147 common shares of CORE are directly owned by the insider, with total stake valued at $224,450.
In the transaction dated May. 23, 2018, the great number of shares acquired came courtesy the Director; Allen Robert A added a total of 5,000 shares at an average price of $18.44, amounting to approximately $92,200. The insider now directly owns 51,097 shares worth $1,407,722.
Several analysts have released their opinion on Core-Mark Holding Company, Inc. (NASDAQ:CORE), with 3 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 1.83 average brokerage recommendation.