Avalara, Inc. (NYSE:AVLR) is now up 140.33% compared to a 12-month low of $28.09. We have seen the price to move -5.25% lower and get settled at $67.51 on 5/20/2019. At recent session, it appeared stuck in a range of $70.895 to $74.02. This company shares are 3.2% off its target price of $69.67 and the current market capitalization stands at $4.78B. The recent change has given its price a 15.56% lead over SMA 50 and -9.87% deficit over its 52-week high. The stock witnessed 23.19% gains, 37.94% gains and 122.73% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AVLR’s volatility during a week at 5.09% and during a month it has been found around 4.4%.

Avalara, Inc. (AVLR) Top Holders

Institutional investors currently hold around $3.88 billion or 80% in AVLR stock. Look at its top three institutional owners: Sageview Capital Lp owns $731.51 million in Avalara, Inc., which represents roughly 15.3% of the company’s market cap and approximately 18.83% of the institutional ownership. Similar statistics are true for the second largest owner, Warburg Pincus Llc, which owns 9,259,989 shares of the stock are valued at $659.77 million. The third largest holder is Battery Partners Ix, Llc, which currently holds $364.45 million worth of this stock and that ownership represents nearly 7.62% of its market capitalization.

Avalara, Inc. 13F Filings

At the end of March reporting period, 136 institutional holders increased their position in Avalara, Inc. (NYSE:AVLR) by some 19,235,214 shares, 30 decreased positions by 13,785,069 and 6 held positions by 21,498,607. That puts total institutional holdings at 54,518,890 shares, according to SEC filings. The stock grabbed 84 new institutional investments totaling 8,322,298 shares while 14 institutional investors sold out their entire positions totaling 2,991,587 shares.

Avalara, Inc. (NYSE:AVLR) Insider Trades

Multiple company employees have indulged in significant insider trading. Avalara, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that McFarlane Scott M has sold 150,000 shares of Avalara, Inc. (AVLR) in the trading session dated May. 16, 2019. These shares are worth $10,767,000 and were traded at $71.78 each. The SEC filing shows that INGRAM WILLIAM performed a sale of 25,000 shares. The disposed these shares by way of transaction on May. 15, 2019. The company’s shares were given away at $68.62 per share worth to an income of some $1,715,500 to the account of INGRAM WILLIAM.

, McFarlane Scott M, sold 12,000 common shares of Avalara, Inc. (AVLR) in the open market. In a transaction dated May. 10, 2019, the shares were put up for sale at an average price of $71.48, raking in a sum of $857,760. After this sale, 760,571 common shares of AVLR are directly owned by the insider, with total stake valued at $51,346,148.

In the transaction dated May. 10, 2019, a great number of shares sold came courtesy the ; INGRAM WILLIAM disposed a total of 25,000 shares at an average price of $71.29, amounting to approximately $1,782,250. The insider now directly owns 1,729 shares worth $116,725.

Avalara, Inc. (AVLR) Analyst Guide

Several analysts have released their opinion on Avalara, Inc. (NYSE:AVLR), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].