Accuray Incorporated (NASDAQ:ARAY) recovered 39.34% of its value since hitting low of $3.16. The recent move of -3.71% drop pushed the stock to close at $4.41 when trading ended on 3/14/2019. At a recent session, the prices were hovering between $4.4 and $4.6. This company shares are 53.74% off its target price of $6.78 and the current market capitalization stands at $399.77M. The recent change has given its price a -1.96% deficit over SMA 50 and -23.3% deficit over its 52-week high. The stock witnessed -11.8% declines, 12.79% gains and 16.05% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ARAY’s volatility during a week at 5.17% and during a month it has been found around 4.23%.

Accuray Incorporated (ARAY) Top Holders

Institutional investors currently hold around $330 million or 84.1% in ARAY stock. Look at its top three institutional owners: Blackrock Inc. owns $37.98 million in Accuray Incorporated, which represents roughly 9.5% of the company’s market cap and approximately 11.51% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 5,507,123 shares of the stock are valued at $25.22 million. The third largest holder is Primecap Management Co/Ca/, which currently holds $21.68 million worth of this stock and that ownership represents nearly 5.42% of its market capitalization.

Accuray Incorporated 13F Filings

At the end of December reporting period, 81 institutional holders increased their position in Accuray Incorporated (NASDAQ:ARAY) by some 8,557,167 shares, 52 decreased positions by 12,241,042 and 19 held positions by 51,281,423. That puts total institutional holdings at 72,079,632 shares, according to SEC filings. The stock grabbed 29 new institutional investments totaling 2,817,052 shares while 15 institutional investors sold out their entire positions totaling 619,993 shares.

Accuray Incorporated (ARAY) Analyst Guide

Several analysts have released their opinion on Accuray Incorporated (NASDAQ:ARAY), with 1 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.57 average brokerage recommendation [T1].