Sprint Corporation (NYSE:S) is now up 28.52% compared to a 12-month low of $5.12. We have seen the price to move -5.87% lower and get settled at $6.58 on 6/11/2019. At recent session, it appeared stuck in a range of $6.475 to $7.02. This company shares are -5.17% up from its target price of $6.24 and the current market capitalization stands at $26.39B. The recent change has given its price a 6.95% lead over SMA 50 and -16.71% deficit over its 52-week high. The stock witnessed 6.3% gains, 5.79% gains and 9.48% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found S’s volatility during a week at 4.78% and during a month it has been found around 5.3%.

Sprint Corporation (S) Top Holders

Institutional investors currently hold around $3.79 billion or 13.8% in S stock. Look at its top three institutional owners: Dodge & Cox owns $726.08 million in Sprint Corporation, which represents roughly 2.75% of the company’s market cap and approximately 19.15% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 48,569,462 shares of the stock are valued at $339.5 million. The third largest holder is Blackrock Inc., which currently holds $255.28 million worth of this stock and that ownership represents nearly 0.97% of its market capitalization.

Sprint Corporation 13F Filings

At the end of March reporting period, 188 institutional holders increased their position in Sprint Corporation (NYSE:S) by some 67,804,963 shares, 131 decreased positions by 76,765,312 and 96 held positions by 397,938,900. That puts total institutional holdings at 542,509,175 shares, according to SEC filings. The stock grabbed 51 new institutional investments totaling 8,978,141 shares while 42 institutional investors sold out their entire positions totaling 17,633,621 shares.

Sprint Corporation (NYSE:S) Insider Trades

Multiple company employees have indulged in significant insider trading. Sprint Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Technology Officer SAW JOHN has sold 7,419 shares of Sprint Corporation (S) in the trading session dated May. 28, 2019. These shares are worth $52,304 and were traded at $7.05 each. The SEC filing shows that SAW JOHN performed a sale of 22,866 shares. The Chief Technology Officer disposed these shares by way of transaction on May. 24, 2019. The company’s shares were given away at $6.95 per share worth to an income of some $158,919 to the account of SAW JOHN.

Chief Technology Officer, SAW JOHN, sold 22,866 common shares of Sprint Corporation (S) in the open market. In a transaction dated May. 24, 2019, the shares were put up for sale at an average price of $6.95, raking in a sum of $158,919. After this sale, 1,139,517 common shares of S are directly owned by the insider, with total stake valued at $7,498,022.

In the transaction dated May. 14, 2019, a great number of shares sold came courtesy the Chief Technology Officer; SAW JOHN disposed a total of 215,690 shares at an average price of $5.94, amounting to approximately $1,281,199. The insider now directly owns 936,850 shares worth $6,164,473.

Sprint Corporation (S) Analyst Guide

Several analysts have released their opinion on Sprint Corporation (NYSE:S), with 0 analysts believing it is a strong buy. Whereas 13 of them predict the stock is a hold. Also, there are 1 buy, 3 sell and 0 strong sell ratings, collectively assigning a 3.12 average brokerage recommendation [T1].