Conn’s, Inc. (NASDAQ:CONN) is at least 23.33% than its current record low price of $17. There was a -3.68% decline on 5/30/2019 that led the price to move at $20.96. At a recent session, the prices were hovering between $20.71 and $22.18. This company shares are 74.14% off its target price of $36.5 and the current market capitalization stands at $661.71M. The recent change has given its price a -13.53% deficit over SMA 50 and -50.86% deficit over its 52-week high. The stock witnessed -18.98% declines, -11.15% declines and -20.79% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CONN’s volatility during a week at 4.2% and during a month it has been found around 3.67%.

Conn’s, Inc. (CONN) Top Holders

Institutional investors currently hold around $524 million or 75.3% in CONN stock. Look at its top three institutional owners: Blackrock Inc. owns $73.35 million in Conn’s, Inc., which represents roughly 11.09% of the company’s market cap and approximately 14% of the institutional ownership. Similar statistics are true for the second largest owner, Anchorage Capital Group, L.L.C., which owns 2,900,000 shares of the stock are valued at $63.1 million. The third largest holder is Dimensional Fund Advisors Lp, which currently holds $52.29 million worth of this stock and that ownership represents nearly 7.9% of its market capitalization.

Conn’s, Inc. 13F Filings

At the end of March reporting period, 108 institutional holders increased their position in Conn’s, Inc. (NASDAQ:CONN) by some 6,425,922 shares, 51 decreased positions by 4,778,892 and 19 held positions by 12,890,321. That puts total institutional holdings at 24,095,135 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 1,279,685 shares while 20 institutional investors sold out their entire positions totaling 3,556,714 shares.

Conn’s, Inc. (NASDAQ:CONN) Insider Trades

Multiple company employees have indulged in significant insider trading. Conn’s, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Vice President – CIO Renaud Todd has sold 2,500 shares of Conn’s, Inc. (CONN) in the trading session dated Apr. 12, 2019. These shares are worth $62,525 and were traded at $25.01 each. The SEC filing shows that Daly Brian performed a purchase of 4,200 shares. The Chief Human Resources Officer added these shares by way of transaction on Dec. 06, 2018. The company’s shares were assimilated at $23.05 per share worth to an investment of some $96,810 to the account of Daly Brian.

Director, Schofman David, sold 2,000 common shares of Conn’s, Inc. (CONN) in the open market. In a transaction dated Sep. 07, 2018, the shares were put up for sale at an average price of $36.5, raking in a sum of $73,000. After this sale, 26,204 common shares of CONN are directly owned by the insider, with total stake valued at $549,236.

In the transaction dated Jul. 18, 2018, a great number of shares sold came courtesy the Director; MARTIN BOB L disposed a total of 8,000 shares at an average price of $37.5, amounting to approximately $300,000. The insider now directly owns 49,265 shares worth $1,032,594.

Conn’s, Inc. (CONN) Analyst Guide

Several analysts have released their opinion on Conn’s, Inc. (NASDAQ:CONN), with 5 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.17 average brokerage recommendation [T1].