Medallion Financial Corp. (NASDAQ:MFIN) marched up 65.19% compared to a 52-week low price of $4.07. The shares were last seen trading -4.62% lower, taking the closing price at $6.72 on 5/21/2019. At a recent session, the prices were hovering between $6.2 and $6.98. This company shares are 48.81% off its target price of $10 and the current market capitalization stands at $166.8M. The recent change has given its price a -2.51% deficit over SMA 50 and -13.91% deficit over its 52-week high. The stock witnessed -1.83% declines, 15.78% gains and 7.61% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MFIN’s volatility during a week at 4.83% and during a month it has been found around 4.64%.

Medallion Financial Corp. (MFIN) Top Holders

Institutional investors currently hold around $26 million or 21.7% in MFIN stock. Look at its top three institutional owners: Morgan Stanley owns $4.09 million in Medallion Financial Corp., which represents roughly 2.45% of the company’s market cap and approximately 15.73% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 393,950 shares of the stock are valued at $2.77 million. The third largest holder is Stifel Financial Corp, which currently holds $2.43 million worth of this stock and that ownership represents nearly 1.46% of its market capitalization.

Medallion Financial Corp. 13F Filings

At the end of March reporting period, 24 institutional holders increased their position in Medallion Financial Corp. (NASDAQ:MFIN) by some 1,097,259 shares, 22 decreased positions by 1,258,675 and 15 held positions by 1,315,667. That puts total institutional holdings at 3,671,601 shares, according to SEC filings. The stock grabbed 14 new institutional investments totaling 721,841 shares while 13 institutional investors sold out their entire positions totaling 867,463 shares.

Medallion Financial Corp. (NASDAQ:MFIN) Insider Trades

Multiple company employees have indulged in significant insider trading. Medallion Financial Corp. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Munson Thomas J. has sold 4,248 shares of Medallion Financial Corp. (MFIN) in the trading session dated May. 17, 2019. These shares are worth $31,180 and were traded at $7.34 each. The SEC filing shows that TANENBAUM ALLAN J performed a purchase of 10,000 shares. The Director added these shares by way of transaction on Jun. 14, 2018. The company’s shares were assimilated at $5.55 per share worth to an investment of some $55,500 to the account of TANENBAUM ALLAN J.

, Poulton Donald S., sold 7,500 common shares of Medallion Financial Corp. (MFIN) in the open market. In a transaction dated Mar. 15, 2018, the shares were put up for sale at an average price of $4.67, raking in a sum of $35,025. After this sale, 64,407 common shares of MFIN are directly owned by the insider, with total stake valued at $432,815.

In the transaction dated Dec. 05, 2017, a great number of shares acquired came courtesy the Director; TANENBAUM ALLAN J added a total of 4,342 shares at an average price of $2.72, amounting to approximately $11,810. The insider now directly owns 22,266 shares worth $149,628.

Medallion Financial Corp. (MFIN) Analyst Guide

Several analysts have released their opinion on Medallion Financial Corp. (NASDAQ:MFIN), with 2 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.75 average brokerage recommendation [T1].