STMicroelectronics N.V. (NYSE:STM) produced a 51.42% rally since recording the worst price of $12. Thanks to the latest 3.59% increase, it now trades at $18.17. Throughout the trading on 4/12/2019, the share price floated between $17.89 and $18.2. This company shares are -2.42% up from its target price of $17.73 and the current market capitalization stands at $16.19B. The recent change has given its price a 11.74% lead over SMA 50 and -31.25% deficit over its 52-week high. The stock witnessed 16.77% gains, 29.23% gains and 11.82% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found STM’s volatility during a week at 1.62% and during a month it has been found around 2.29%.

STMicroelectronics N.V. (STM) Top Holders

Institutional investors currently hold around $645 million or 4.1% in STM stock. Look at its top three institutional owners: Grantham, Mayo, Van Otterloo & Co. Llc owns $106.73 million in STMicroelectronics N.V., which represents roughly 0.66% of the company’s market cap and approximately 16.55% of the institutional ownership. Similar statistics are true for the second largest owner, Arrowstreet Capital, Limited Partnership, which owns 5,083,099 shares of the stock are valued at $92.36 million. The third largest holder is Citadel Advisors Llc, which currently holds $45.12 million worth of this stock and that ownership represents nearly 0.28% of its market capitalization.

STMicroelectronics N.V. 13F Filings

At the end of December reporting period, 81 institutional holders increased their position in STMicroelectronics N.V. (NYSE:STM) by some 12,112,327 shares, 118 decreased positions by 9,752,682 and 35 held positions by 13,640,776. That puts total institutional holdings at 35,505,785 shares, according to SEC filings. The stock grabbed 33 new institutional investments totaling 3,467,686 shares while 55 institutional investors sold out their entire positions totaling 4,304,602 shares.

STMicroelectronics N.V. (STM) Analyst Guide

Several analysts have released their opinion on STMicroelectronics N.V. (NYSE:STM), with 0 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.86 average brokerage recommendation [T1].