Big Money Investors Are Taking Stake In YRC Worldwide Inc. (YRCW)

YRC Worldwide Inc. (NASDAQ:YRCW) is now up 134.44% compared to a 12-month low of $2.41. We have seen the price to move 7.62% higher and get settled at $5.65 on 01/14/2019. At recent session, it appeared stuck in a range of $5.14 to $5.78. This company shares are 45.13% off its target price of $8.2 and the current market capitalization stands at $157.75M. The recent change has given its price a 12.11% lead over SMA 50 and -67.92% deficit over its 52-week high. The stock witnessed 22.83% gains, -34.76% declines and -46.75% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found YRCW’s volatility during a week at 10.83% and during a month it has been found around 13.33%.

YRC Worldwide Inc. (YRCW) Top Holders

Institutional investors currently hold around $135 million or 69.3% in YRCW stock. Look at its top three institutional owners. Russell Investments Group, Ltd. owns $15.2 million in YRC Worldwide Inc., which represents roughly 9.64% of the company’s market cap and approximately 11.26% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 2,337,686 shares of the stock are valued at $12.27 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $8.87 million worth of this stock and that ownership represents nearly 5.62% of its market capitalization.

YRC Worldwide Inc. 13F Filings

At the end of September reporting period, 58 institutional holders increased their position in YRC Worldwide Inc. (NASDAQ:YRCW) by some 3,493,567 shares, 63 decreased positions by 4,212,890 and 18 held positions by 18,052,664. That puts total institutional holdings at 25,759,121 shares, according to SEC filings. The stock grabbed 13 new institutional investments totaling 518,007 shares while 21 institutional investors sold out their entire positions totaling 2,315,621 shares.

YRC Worldwide Inc. (NASDAQ:YRCW) Insider Trades

Multiple company employees have indulged in significant insider trading. YRC Worldwide Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President, USF Reddaway Inc. Stone Loren Robert has acquired 2,500 shares of YRC Worldwide Inc. (YRCW) in trading session dated Aug. 10, 2018. These shares are worth $22,600 and were traded at $9.04 each. The SEC filing shows that Bromark Raymond J performed a sale of 5,000 shares. The Director disposed these shares by way of transaction on May. 22, 2018. The company’s shares were given away at $10.79 per share worth to an income of some $53,950 on account of Bromark Raymond J.

President, USF Holland, Ware Scott D., sold 14,000 common shares of YRC Worldwide Inc. (YRCW) in the open market. In a transaction dated Mar. 05, 2018, the shares were put up for sale at an average price of $8.61, raking in a sum of $120,540. After this sale, 39,095 common shares of YRCW are directly owned by the insider, with total stake valued at $220,887.

In the transaction dated Nov. 16, 2017, the great number of shares disposed came courtesy the Chief Customer Officer; Hall Justin M. disposed a total of 5,000 shares at an average price of $11.09, amounting to approximately $55,450. The insider now directly owns 31,093 shares worth $175,675.

YRC Worldwide Inc. (YRCW) Analyst Guide

Several analysts have released their opinion on YRC Worldwide Inc. (NASDAQ:YRCW), with 2 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation.