Casa Systems, Inc. (NASDAQ:CASA) has made a -0.66% comeback from a 12-month low price of $9.06. It was seen -3.43% lower, changing the price to $9, when the closing bell rang on 3/14/2019. At a recent session, the prices were hovering between $8.98 and $9.33. This company shares are 42.22% off its target price of $12.8 and the current market capitalization stands at $746.64M. The recent change has given its price a -22.96% deficit over SMA 50 and -73.69% deficit over its 52-week high. The stock witnessed -23.53% declines, -40.4% declines and -41.33% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CASA’s volatility during a week at 2.83% and during a month it has been found around 4.26%.

Casa Systems, Inc. (CASA) Top Holders

Institutional investors currently hold around $516 million or 67.6% in CASA stock. Look at its top three institutional owners: Summit Partners L P owns $318.04 million in Casa Systems, Inc., which represents roughly 42.6% of the company’s market cap and approximately 61.64% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 2,399,182 shares of the stock are valued at $22.36 million. The third largest holder is Clearbridge Investments, Llc, which currently holds $17.44 million worth of this stock and that ownership represents nearly 2.34% of its market capitalization.

Casa Systems, Inc. 13F Filings

At the end of December reporting period, 60 institutional holders increased their position in Casa Systems, Inc. (NASDAQ:CASA) by some 3,516,350 shares, 58 decreased positions by 3,217,778 and 8 held positions by 48,652,767. That puts total institutional holdings at 55,386,895 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 1,809,071 shares while 13 institutional investors sold out their entire positions totaling 319,802 shares.

Casa Systems, Inc. (CASA) Analyst Guide

Several analysts have released their opinion on Casa Systems, Inc. (NASDAQ:CASA), with 1 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.71 average brokerage recommendation [T1].