Nine Energy Service, Inc. (NYSE:NINE) went up to recover about -0.5% since recording its record low price of $15.91. The stock experienced -4.87% slump, arriving at $15.83 on 6/12/2019. During the day, the stock price traveled from $16.595 to $17.11. This company shares are 80.48% off its target price of $28.57 and the current market capitalization stands at $483.13M. The recent change has given its price a -23.45% deficit over SMA 50 and -60.81% deficit over its 52-week high. The stock witnessed -25.29% declines, -30.08% declines and -35.33% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NINE’s volatility during a week at 4.46% and during a month it has been found around 4.4%.

Nine Energy Service, Inc. (NINE) Top Holders

Institutional investors currently hold around $344 million or 67.2% in NINE stock. Look at its top three institutional owners: Scf Partners, Inc. owns $151.21 million in Nine Energy Service, Inc., which represents roughly 31.3% of the company’s market cap and approximately 43.96% of the institutional ownership. Similar statistics are true for the second largest owner, Capital World Investors, which owns 1,804,000 shares of the stock are valued at $30.02 million. The third largest holder is Thrivent Financial For Lutherans, which currently holds $21.33 million worth of this stock and that ownership represents nearly 4.41% of its market capitalization.

Nine Energy Service, Inc. 13F Filings

At the end of March reporting period, 44 institutional holders increased their position in Nine Energy Service, Inc. (NYSE:NINE) by some 1,481,276 shares, 32 decreased positions by 861,039 and 14 held positions by 18,358,174. That puts total institutional holdings at 20,700,489 shares, according to SEC filings. The stock grabbed 13 new institutional investments totaling 661,976 shares while 12 institutional investors sold out their entire positions totaling 171,870 shares.

Nine Energy Service, Inc. (NYSE:NINE) Insider Trades

Multiple company employees have indulged in significant insider trading. Nine Energy Service, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Crombie David has sold 27,011 shares of Nine Energy Service, Inc. (NINE) in the trading session dated May. 14, 2019. These shares are worth $583,708 and were traded at $21.61 each. The SEC filing shows that MOORE THEODORE R. performed a sale of 8,730 shares. The disposed these shares by way of transaction on May. 10, 2019. The company’s shares were given away at $21.54 per share worth to an income of some $188,044 to the account of MOORE THEODORE R..

, Crombie David, sold 5,000 common shares of Nine Energy Service, Inc. (NINE) in the open market. In a transaction dated May. 10, 2019, the shares were put up for sale at an average price of $21.5, raking in a sum of $107,500. After this sale, 149,147 common shares of NINE are directly owned by the insider, with total stake valued at $2,360,997.

In the transaction dated May. 10, 2019, a great number of shares sold came courtesy the ; Fox Ann G disposed a total of 22,731 shares at an average price of $22, amounting to approximately $500,082. The insider now directly owns 221,733 shares worth $3,510,033.

Nine Energy Service, Inc. (NINE) Analyst Guide

Several analysts have released their opinion on Nine Energy Service, Inc. (NYSE:NINE), with 5 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.44 average brokerage recommendation [T1].