Varex Imaging Corporation (NASDAQ:VREX) enjoyed a 53.18% run-up in share price since hitting record low of $21.57. The stock managed 5.09% rise and now stands at $33.04 as of 3/1/2019. At recent session, the prices were hovering between $31.65 and $33.14. This company shares are 1.39% off its target price of $33.5 and the current market capitalization stands at $1.27B. The recent change has given its price a 20.1% lead over SMA 50 and -16.12% deficit over its 52-week high. The stock witnessed 17.87% gains, 33.49% gains and 4.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VREX’s volatility during a week at 2.36% and during a month it has been found around 2.81%.

Varex Imaging Corporation (VREX) Top Holders

Institutional investors currently hold around $1.23 billion or 0% in VREX stock. Look at its top three institutional owners. Blackrock Inc. owns $195.49 million in Varex Imaging Corporation, which represents roughly 15.39% of the company’s market cap and approximately 15.93% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 3,966,819 shares of the stock are valued at $131.06 million. The third largest holder is Black Creek Investment Management Inc., which currently holds $61.34 million worth of this stock and that ownership represents nearly 4.83% of its market capitalization.

Varex Imaging Corporation 13F Filings

At the end of December reporting period, 99 institutional holders increased their position in Varex Imaging Corporation (NASDAQ:VREX) by some 4,016,087 shares, 116 decreased positions by 4,120,894 and 58 held positions by 28,997,830. That puts total institutional holdings at 37,134,811 shares, according to SEC filings. The stock grabbed 30 new institutional investments totaling 2,001,245 shares while 41 institutional investors sold out their entire positions totaling 1,572,077 shares.

Varex Imaging Corporation (NASDAQ:VREX) Insider Trades

Multiple company employees have indulged in significant insider trading. Varex Imaging Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP and GM, X-ray Detectors Giambattista Brian W has sold 710 shares of Varex Imaging Corporation (VREX) in trading session dated Feb. 19, 2019. These shares are worth $22,386 and were traded at $31.53 each. The SEC filing shows that Verhoef Clarence R performed a purchase of 3,300 shares. The SVP & CFO added these shares by way of transaction on Aug. 17, 2018. The company’s shares were assimilated at $29.58 per share worth to an investment of some $97,614 on account of Verhoef Clarence R.

President and CEO, Sanyal Sunny, purchased 7,000 common shares of Varex Imaging Corporation (VREX) in the open market. In a transaction dated Aug. 10, 2018, the shares were bought at an average price of $28.18, giving away a sum of $197,260. After this purchase, 30,755 common shares of VREX are directly owned by the insider, with total stake valued at $1,016,145.

In the transaction dated Aug. 07, 2018, the great number of shares acquired came courtesy the Director; Rosebrough Walter M Jr added a total of 10,000 shares at an average price of $28.39, amounting to approximately $283,900. The insider now directly owns 14,000 shares worth $462,560.

Varex Imaging Corporation (VREX) Analyst Guide

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