Brady Corporation (NYSE:BRC) marched up 29.56% compared to a 52-week low price of $36. The shares were last seen trading -2.43% lower, taking the closing price at $46.64 on 5/24/2019. At a recent session, the prices were hovering between $46.31 and $48.27. This company shares are 2.92% off its target price of $48 and the current market capitalization stands at $2.52B. The recent change has given its price a -2.08% deficit over SMA 50 and -6.94% deficit over its 52-week high. The stock witnessed -3.52% declines, -2.3% declines and 10.99% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BRC’s volatility during a week at 3.41% and during a month it has been found around 2.18%.

Brady Corporation (BRC) Top Holders

Institutional investors currently hold around $2.03 billion or 91.2% in BRC stock. Look at its top three institutional owners: Blackrock Inc. owns $334.51 million in Brady Corporation, which represents roughly 13.27% of the company’s market cap and approximately 16.45% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 5,299,602 shares of the stock are valued at $247.17 million. The third largest holder is State Street Corp, which currently holds $201.7 million worth of this stock and that ownership represents nearly 8% of its market capitalization.

Brady Corporation 13F Filings

At the end of March reporting period, 92 institutional holders increased their position in Brady Corporation (NYSE:BRC) by some 5,751,072 shares, 99 decreased positions by 4,155,376 and 26 held positions by 33,701,632. That puts total institutional holdings at 43,608,080 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 74,868 shares while 26 institutional investors sold out their entire positions totaling 720,697 shares.

Brady Corporation (NYSE:BRC) Insider Trades

Multiple company employees have indulged in significant insider trading. Brady Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President & CEO Nauman J Michael has sold 22,790 shares of Brady Corporation (BRC) in the trading session dated Apr. 26, 2019. These shares are worth $1,098,022 and were traded at $48.18 each. The SEC filing shows that Nauman J Michael performed a sale of 18,671 shares. The President & CEO disposed these shares by way of transaction on Mar. 19, 2019. The company’s shares were given away at $47.16 per share worth to an income of some $880,524 to the account of Nauman J Michael.

Director, HARRIS FRANK W, sold 2,000 common shares of Brady Corporation (BRC) in the open market. In a transaction dated Feb. 28, 2019, the shares were put up for sale at an average price of $48.04, raking in a sum of $96,080. After this sale, 27,169 common shares of BRC are directly owned by the insider, with total stake valued at $1,267,162.

In the transaction dated Feb. 28, 2019, a great number of shares sold came courtesy the CIO & VP – Digital Business; Curran Bentley disposed a total of 7,000 shares at an average price of $47.4, amounting to approximately $331,800. The insider now directly owns 30,711 shares worth $1,432,361.

Brady Corporation (BRC) Analyst Guide

Several analysts have released their opinion on Brady Corporation (NYSE:BRC), with 1 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.75 average brokerage recommendation [T1].