Noble Corporation plc (NYSE:NE) is now up 23.83% compared to a 12-month low of $2.35. We have seen the price to move -5.52% lower and get settled at $2.91 on 4/24/2019. At recent session, it appeared stuck in a range of $2.94 to $3.1. This company shares are 57.04% off its target price of $4.57 and the current market capitalization stands at $725.03M. The recent change has given its price a -2.19% deficit over SMA 50 and -60.89% deficit over its 52-week high. The stock witnessed -1.36% declines, -7.62% declines and -53.88% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NE’s volatility during a week at 5.29% and during a month it has been found around 5.2%.

Noble Corporation plc (NE) Top Holders

Institutional investors currently hold around $675 million or 89.9% in NE stock. Look at its top three institutional owners: Blackrock Inc. owns $121.24 million in Noble Corporation plc, which represents roughly 16.72% of the company’s market cap and approximately 17.96% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 25,501,659 shares of the stock are valued at $78.55 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $52.19 million worth of this stock and that ownership represents nearly 7.2% of its market capitalization.

Noble Corporation plc 13F Filings

At the end of December reporting period, 120 institutional holders increased their position in Noble Corporation plc (NYSE:NE) by some 24,297,496 shares, 135 decreased positions by 25,635,243 and 45 held positions by 169,088,312. That puts total institutional holdings at 219,021,051 shares, according to SEC filings. The stock grabbed 37 new institutional investments totaling 6,164,522 shares while 50 institutional investors sold out their entire positions totaling 9,187,814 shares.

Noble Corporation plc (NYSE:NE) Insider Trades

Multiple company employees have indulged in significant insider trading. Noble Corporation plc disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director RICCIARDELLO MARY P has sold 1,663 shares of Noble Corporation plc (NE) in the trading session dated Dec. 23, 2016. These shares are worth $10,244 and were traded at $6.16 each. The SEC filing shows that CAWLEY MICHAEL A performed a sale of 20,000 shares. The Director disposed these shares by way of transaction on Mar. 07, 2016. The company’s shares were given away at $13.52 per share worth to an income of some $270,400 to the account of CAWLEY MICHAEL A.

Sr. VP-Engineering, Marks Scott, sold 8,500 common shares of Noble Corporation plc (NE) in the open market. In a transaction dated Dec. 11, 2015, the shares were put up for sale at an average price of $11.91, raking in a sum of $101,235. After this sale, 52,153 common shares of NE are directly owned by the insider, with total stake valued at $151,765.

In the transaction dated Sep. 30, 2015, a great number of shares acquired came courtesy the Sr. VP-Operations; Wolford Bernie G. added a total of 10,000 shares at an average price of $10.82, amounting to approximately $108,200. The insider now directly owns 49,916 shares worth $145,256.

Noble Corporation plc (NE) Analyst Guide

Several analysts have released their opinion on Noble Corporation plc (NYSE:NE), with 3 analysts believing it is a strong buy. Whereas 12 of them predict the stock is a hold. Also, there are 8 buy, 4 sell and 2 strong sell ratings, collectively assigning a 2.79 average brokerage recommendation [T1].