Marathon Oil Corporation (NYSE:MRO) enjoyed a 41.29% run-up in share price since hitting record low of $12.57. The stock managed 3.32% rise and now stands at $17.76 as of 4/12/2019. At a recent session, the prices were hovering between $17.61 and $17.94. This company shares are 21.51% off its target price of $21.58 and the current market capitalization stands at $14.71B. The recent change has given its price a 5.92% lead over SMA 50 and -26.61% deficit over its 52-week high. The stock witnessed 2.9% gains, 10.24% gains and -16.07% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MRO’s volatility during a week at 2.08% and during a month it has been found around 2.74%.

Marathon Oil Corporation (MRO) Top Holders

Institutional investors currently hold around $11.93 billion or 83.5% in MRO stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.66 billion in Marathon Oil Corporation, which represents roughly 11.3% of the company’s market cap and approximately 13.93% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 68,345,081 shares of the stock are valued at $1.21 billion. The third largest holder is State Street Corp, which currently holds $782.69 million worth of this stock and that ownership represents nearly 5.32% of its market capitalization.

Marathon Oil Corporation 13F Filings

At the end of December reporting period, 294 institutional holders increased their position in Marathon Oil Corporation (NYSE:MRO) by some 60,831,248 shares, 379 decreased positions by 74,978,435 and 95 held positions by 535,995,062. That puts total institutional holdings at 671,804,745 shares, according to SEC filings. The stock grabbed 86 new institutional investments totaling 6,571,453 shares while 113 institutional investors sold out their entire positions totaling 13,115,798 shares.

Marathon Oil Corporation (NYSE:MRO) Insider Trades

Multiple company employees have indulged in significant insider trading. Marathon Oil Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Executive VP – Operations Little Thomas Mitchell has sold 117,333 shares of Marathon Oil Corporation (MRO) in the trading session dated Sep. 14, 2018. These shares are worth $2,427,620 and were traded at $20.69 each. The SEC filing shows that TILLMAN LEE M performed a sale of 400,000 shares. The President and CEO disposed these shares by way of transaction on May. 17, 2018. The company’s shares were given away at $21.65 per share worth to an income of some $8,660,000 to the account of TILLMAN LEE M.

, WAGNER PATRICK, sold 53,333 common shares of Marathon Oil Corporation (MRO) in the open market. In a transaction dated May. 16, 2018, the shares were put up for sale at an average price of $21.2, raking in a sum of $1,130,660. After this sale, 138,201 common shares of MRO are directly owned by the insider, with total stake valued at $2,454,450.

In the transaction dated May. 07, 2018, a great number of shares sold came courtesy the Executive VP – Operations; Little Thomas Mitchell disposed a total of 21,286 shares at an average price of $19.89, amounting to approximately $423,379. The insider now directly owns 277,236 shares worth $4,923,711.

Marathon Oil Corporation (MRO) Analyst Guide

Several analysts have released their opinion on Marathon Oil Corporation (NYSE:MRO), with 7 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 13 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.07 average brokerage recommendation [T1].