Altaba Inc. (NASDAQ:AABA) is at least 26.19% than its current record low price of $54.75. There was a 0.3% gain on 6/24/2019 that led the price to move at $69.09. At a recent session, the prices were hovering between $68.47 and $69.44. This company shares are 10% off its target price of $76 and the current market capitalization stands at $35.89B. The recent change has given its price a -0.42% deficit over SMA 50 and -13.82% deficit over its 52-week high. The stock witnessed 11.02% gains, -5.02% declines and 21.83% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AABA’s volatility during a week at 2.09% and during a month it has been found around 2.02%.

Altaba Inc. (AABA) Top Holders

Institutional investors currently hold around $28.96 billion or 73.03% in AABA stock. Look at its top three institutional owners: Farallon Capital Management Llc owns $1.9 billion in Altaba Inc., which represents roughly 5.3% of the company’s market cap and approximately 6.57% of the institutional ownership. Similar statistics are true for the second largest owner, Owl Creek Asset Management, L.P., which owns 19,781,736 shares of the stock are valued at $1.36 billion. The third largest holder is Bank Of America Corp /De/, which currently holds $1.16 billion worth of this stock and that ownership represents nearly 3.24% of its market capitalization.

Altaba Inc. 13F Filings

At the end of March reporting period, 175 institutional holders increased their position in Altaba Inc. (NASDAQ:AABA) by some 52,818,131 shares, 182 decreased positions by 67,780,245 and 154 held positions by 299,804,210. That puts total institutional holdings at 420,402,586 shares, according to SEC filings. The stock grabbed 69 new institutional investments totaling 10,626,976 shares while 44 institutional investors sold out their entire positions totaling 5,183,895 shares.

Altaba Inc. (NASDAQ:AABA) Insider Trades

Multiple company employees have indulged in significant insider trading. Altaba Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO WELLMAN ALEXI has sold 1,262 shares of Altaba Inc. (AABA) in the trading session dated Mar. 12, 2018. These shares are worth $97,048 and were traded at $76.9 each. The SEC filing shows that WELLMAN ALEXI performed a sale of 1,940 shares. The CFO disposed these shares by way of transaction on Mar. 06, 2018. The company’s shares were given away at $75.04 per share worth to an income of some $145,578 to the account of WELLMAN ALEXI.

10% Owner, TCI Fund Management Ltd, sold 1,214,000 common shares of Altaba Inc. (AABA) in the open market. In a transaction dated Jan. 19, 2018, the shares were put up for sale at an average price of $74.2, raking in a sum of $90,078,800. After this sale, 84,709,952 common shares of AABA are directly owned by the insider, with total stake valued at $5,853,000,000.

In the transaction dated Nov. 29, 2017, a great number of shares sold came courtesy the Director; Braham Tor disposed a total of 10,000 shares at an average price of $68.83, amounting to approximately $688,300. The insider now directly owns 9,434 shares worth $651,795.

Altaba Inc. (AABA) Analyst Guide

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