Encore Capital Group, Inc. (NASDAQ:ECPG) enjoyed a 38.32% run-up in share price since hitting record low of $20.38. The stock managed -3.56% fall and now stands at $28.19 as of 4/9/2019. At a recent session, the prices were hovering between $28.99 and $29.43. This company shares are 45.94% off its target price of $41.14 and the current market capitalization stands at $854.16M. The recent change has given its price a -7.93% deficit over SMA 50 and -41.03% deficit over its 52-week high. The stock witnessed -12.07% declines, 6.62% gains and -14.65% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ECPG’s volatility during a week at 2.57% and during a month it has been found around 2.93%.

Encore Capital Group, Inc. (ECPG) Top Holders

Institutional investors currently hold around $1.01 billion or 0% in ECPG stock. Look at its top three institutional owners: Broad Run Investment Management, Llc owns $113.12 million in Encore Capital Group, Inc., which represents roughly 13.24% of the company’s market cap and approximately 11.16% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 3,819,438 shares of the stock are valued at $111.64 million. The third largest holder is William Blair Investment Management, Llc, which currently holds $97.71 million worth of this stock and that ownership represents nearly 11.44% of its market capitalization.

Encore Capital Group, Inc. 13F Filings

At the end of December reporting period, 70 institutional holders increased their position in Encore Capital Group, Inc. (NASDAQ:ECPG) by some 3,616,880 shares, 77 decreased positions by 4,344,822 and 20 held positions by 26,723,793. That puts total institutional holdings at 34,685,495 shares, according to SEC filings. The stock grabbed 17 new institutional investments totaling 939,011 shares while 31 institutional investors sold out their entire positions totaling 1,054,219 shares.

Encore Capital Group, Inc. (NASDAQ:ECPG) Insider Trades

Multiple company employees have indulged in significant insider trading. Encore Capital Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner JCF III Europe Holdings L.P. has sold 1,500,000 shares of Encore Capital Group, Inc. (ECPG) in the trading session dated Mar. 19, 2019. These shares are worth $45,255,000 and were traded at $30.17 each. The SEC filing shows that CLARK JONATHAN C performed a purchase of 20,000 shares. The EVP, CFO & Treasurer added these shares by way of transaction on Nov. 09, 2018. The company’s shares were assimilated at $24.04 per share worth to an investment of some $480,800 to the account of CLARK JONATHAN C.

President and CEO, Masih Ashish, purchased 12,500 common shares of Encore Capital Group, Inc. (ECPG) in the open market. In a transaction dated Nov. 09, 2018, the shares were bought at an average price of $24.26, giving away a sum of $303,250. After this purchase, 114,187 common shares of ECPG are directly owned by the insider, with total stake valued at $3,218,932.

In the transaction dated Mar. 14, 2018, a great number of shares sold came courtesy the President, International; Grinberg Paul disposed a total of 19,275 shares at an average price of $44.16, amounting to approximately $851,184. The insider now directly owns 170,168 shares worth $4,797,036.

Encore Capital Group, Inc. (ECPG) Analyst Guide

Several analysts have released their opinion on Encore Capital Group, Inc. (NASDAQ:ECPG), with 4 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.78 average brokerage recommendation [T1].