Edison International (NYSE:EIX) has made a 37.05% comeback from a 12-month low price of $45.5. It was seen 2.77% higher, changing the price to $62.36, when the closing bell rang on 6/19/2019. At a recent session, the prices were hovering between $60.7839 and $63.45. This company shares are 14.26% off its target price of $71.25 and the current market capitalization stands at $20.47B. The recent change has given its price a 1.35% lead over SMA 50 and -12.17% deficit over its 52-week high. The stock witnessed 3.86% gains, -1.47% declines and 7.17% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EIX’s volatility during a week at 2.67% and during a month it has been found around 2.72%.

What Does Edison International (EIX) Do?

The company describes itself in regulatory filings as, “Edison International is a renewable energy company, which through its subsidiaries, generates and distributes electric power, and invests in energy services and technologies. The company was founded on July 4, 1886 and is headquartered in Rosemead, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/EIX/profile under company description.]

Edison International (EIX) Top Holders

Institutional investors currently hold around $16.54 billion or 88.1% in EIX stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.61 billion in Edison International, which represents roughly 7.86% of the company’s market cap and approximately 9.72% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 25,940,601 shares of the stock are valued at $1.57 billion. The third largest holder is State Street Corp, which currently holds $1.49 billion worth of this stock and that ownership represents nearly 7.3% of its market capitalization.

Edison International 13F Filings

At the end of March reporting period, 302 institutional holders increased their position in Edison International (NYSE:EIX) by some 22,784,570 shares, 269 decreased positions by 26,911,074 and 111 held positions by 222,896,098. That puts total institutional holdings at 272,591,742 shares, according to SEC filings. The stock grabbed 85 new institutional investments totaling 5,715,957 shares while 65 institutional investors sold out their entire positions totaling 2,548,081 shares.

Edison International (NYSE:EIX) Insider Trades

Multiple company employees have indulged in significant insider trading. Edison International disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Pres. Edison Energy Group, Inc Litzinger Ronald L has sold 224,718 shares of Edison International (EIX) in the trading session dated Nov. 15, 2017. These shares are worth $18,426,876 and were traded at $82 each. The SEC filing shows that Litzinger Ronald L performed a sale of 224,715 shares. The Pres. Edison Energy Group, Inc disposed these shares by way of transaction on Aug. 15, 2017. The company’s shares were given away at $80.54 per share worth to an income of some $18,098,546 to the account of Litzinger Ronald L.

Senior Vice President, Vasquez Gaddi H., sold 2,500 common shares of Edison International (EIX) in the open market. In a transaction dated Jun. 08, 2017, the shares were put up for sale at an average price of $81.3, raking in a sum of $203,250. After this sale, 9,007 common shares of EIX are directly owned by the insider, with total stake valued at $561,700.

In the transaction dated Jun. 07, 2017, a great number of shares sold came courtesy the Director; WHITE W BRETT disposed a total of 2,500 shares at an average price of $81.67, amounting to approximately $204,175. The insider now directly owns shares worth $.

Edison International (EIX) Analyst Guide

Several analysts have released their opinion on Edison International (NYSE:EIX), with 4 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 5 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.19 average brokerage recommendation [T1].