E*TRADE Financial Corporation (NASDAQ:ETFC) went up to recover about 11.51% since recording its record low price of $40.41. The stock experienced -2.15% slump, arriving at $45.06 on 6/19/2019. During the day, the stock price traveled from $45.01 to $46.46. This company shares are 27.83% off its target price of $57.6 and the current market capitalization stands at $11.17B. The recent change has given its price a -6.46% deficit over SMA 50 and -31.51% deficit over its 52-week high. The stock witnessed -6.48% declines, -5.06% declines and 4.23% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ETFC’s volatility during a week at 2.47% and during a month it has been found around 2.12%.

What Does E*TRADE Financial Corporation (ETFC) Do?

The company describes itself in regulatory filings as, “E*TRADE Financial Corp. engages in the provision of investment and online stock brokerage services. It offers digital platforms and support to individual investors through phone, email, and online via two national financial centers as well as in personal though financial centers. The company was founded by William A. Porter Jr. and Bernard A. Newcomb in 1982 and is headquartered in New York, NY.” [Text can be found here: https://www.marketwatch.com/investing/stock/ETFC/profile under company description.]

E*TRADE Financial Corporation (ETFC) Top Holders

Institutional investors currently hold around $10.42 billion or 94.5% in ETFC stock. Look at its top three institutional owners: Vanguard Group Inc owns $1.28 billion in E*TRADE Financial Corporation, which represents roughly 11.47% of the company’s market cap and approximately 12.3% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 19,502,984 shares of the stock are valued at $898.11 million. The third largest holder is Primecap Management Co/Ca/, which currently holds $624.7 million worth of this stock and that ownership represents nearly 5.59% of its market capitalization.

E*TRADE Financial Corporation 13F Filings

At the end of March reporting period, 240 institutional holders increased their position in E*TRADE Financial Corporation (NASDAQ:ETFC) by some 26,159,751 shares, 291 decreased positions by 30,280,481 and 59 held positions by 169,770,427. That puts total institutional holdings at 226,210,659 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 7,540,951 shares while 72 institutional investors sold out their entire positions totaling 7,240,918 shares.

E*TRADE Financial Corporation (NASDAQ:ETFC) Insider Trades

Multiple company employees have indulged in significant insider trading. E*TRADE Financial Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director LAWSON RODGER A has sold 41,322 shares of E*TRADE Financial Corporation (ETFC) in the trading session dated May. 17, 2019. These shares are worth $1,988,828 and were traded at $48.13 each. The SEC filing shows that Roessner Karl A performed a sale of 45,724 shares. The CEO disposed these shares by way of transaction on Feb. 12, 2019. The company’s shares were given away at $47.35 per share worth to an income of some $2,165,031 to the account of Roessner Karl A.

EVP, Institutional, Curcio Michael John, sold 21,928 common shares of E*TRADE Financial Corporation (ETFC) in the open market. In a transaction dated Feb. 12, 2019, the shares were put up for sale at an average price of $47.36, raking in a sum of $1,038,510. After this sale, 191,353 common shares of ETFC are directly owned by the insider, with total stake valued at $8,622,366.

In the transaction dated Jan. 30, 2019, a great number of shares acquired came courtesy the Director; Chersi Robert J added a total of 2,200 shares at an average price of $46.24, amounting to approximately $101,728. The insider now directly owns 3,253 shares worth $146,580.

E*TRADE Financial Corporation (ETFC) Analyst Guide

Several analysts have released their opinion on E*TRADE Financial Corporation (NASDAQ:ETFC), with 6 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 7 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.73 average brokerage recommendation [T1].