Economy

Altaba Inc. (AABA) And Insider Trading Activity

A number of research analysts have issued reports on AABA shares.

The average Wall Street analyst rating for Altaba Inc.is Strong Buy, according to the average of 4 analyst scores. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. Altaba has an average rating of "Hold" and a consensus target price of $59.72.

Altaba (NASDAQ:AABA) traded up $1.61 during trading hours on Wednesday, reaching $79.88. The overall volume in the last trading session was 7.25 million shares. The stock has a market cap of $69,770.00, a price-to-earnings ratio of 42.72 and a beta of 1.88. The stock, as of last close, traded 82.14% away to its 52 week low and was at a distance of -1.38% from its 52 week high.

The most recent non open market insider trade was completed by WELLMAN ALEXI on 11/21/2017, and was a acquisition of 860 shares with a final price of $72.79. The stock was sold at an average price of $68.83, for a total transaction of $688,300.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The stock was sold at an average price of $74.20, for a total transaction of $90,078,800.00. Insider ownership increased by a total of 459963 shares, which suggests that CRR's key executives are feeling more optimistic about the outlook for the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,224,860 shares of company stock valued at $90,829,699.

A number of other hedge funds also recently made changes to their positions in the business. Atlantic Trust Group LLC boosted its holdings in shares of Altaba by 97.8% during the 3rd quarter. Atlantic Trust Group LLC now owns 41,370 shares of the company's stock worth $2,740,000 after purchasing an additional 20,458 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Altaba by 409.6% during the 3rd quarter. 683 Capital Management LLC now owns 325,000 shares of the company's stock worth $21,528,000 after purchasing an additional 25,000 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Altaba in the 3rd quarter valued at about $505,000.

In other Altaba news, major shareholder Tci Fund Management Ltd sold 1,214,000 shares of the business's stock in a transaction that occurred on Friday, January 19th. EPS is an indicator of company profit because the more earnings a company can generate per share, the more valuable each share is to investors. BANK OF AMERICA CORP /DE/ owned 70.45% of Altaba Inc. If you are viewing this report on another domain, it was illegally copied and reposted in violation of USA & global copyright & trademark legislation. The correct version of this piece can be accessed at https://www.truebluetribune.com/2018/01/31/altaba-aaba-downgraded-to-sell-at-vetr.html.

Now we move forward to see the historical returns of Altaba Inc. which is U.S. based stock. Altaba Inc.is a part of Financial sector and belongs to Asset Management industry.



Like this

loading...
loading...

Latest


01 February 2018
Charly Musonda: Celtic is dream club for my Chelsea development
I nearly came last summer but it wasn't done. "There were a lot of things going on last summer which stopped me. I really appreciate it and I'm looking forward to it.

01 February 2018
What's Happening With Shares of Southern Petrochemicals Industries Corporation Limited — Technical Focus
Some investors will be working with a short-term plan, while other may be focused on a longer-term investment horizon. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has "Hold" rating given on Monday, January 11 by Deutsche Bank.

01 February 2018
$1.27 EPS Expected for Phillips 66 (PSX)
Interocean Capital Llc increased its stake in Phillips 66 (PSX) by 3.7% based on its latest 2017Q3 regulatory filing with the SEC. Tokio Marine Asset Mngmt Com Ltd owns 3,532 shares for 0.05% of their portfolio. 61,829 were reported by Advantus Cap Mgmt.

01 February 2018
Tyler Technologies (TYL) Reaches New 1-Year High at $203.13
After $0.89 actual EPS reported by Tyler Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. MILLER BRIAN K sold 4,500 shares worth $778,005. (NYSE:TYL) for 2,502 shares. $1.08 million worth of Tyler Technologies, Inc.

01 February 2018
Duke Realty Corporation (NASDAQ:DRE) Expected To Report Earnings On Wednesday
Telemus Capital LLC owned 0.06% of CoreSite Realty Corporation worth $2,162,000 at the end of the most recent reporting period. Also, SVP Derek Mccandless sold 10,000 shares of CoreSite Realty Corporation stock in a transaction on Tuesday, August 1st.

01 February 2018
Energen (NYSE:EGN) Given a $72.00 Price Target at Mizuho
Energen Corporation (EGN) shares are down -9.9% for the week and that has got investors and traders sitting up and taking note. Quantbot Technologies Lp reported 7,663 shares. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

01 February 2018
Manchester United fans devastated by Phil Jones' performance vs Tottenham
Manchester United manager Jose Mourinho has confirmed he has no more injury or suspension concerns for the midweek clash. It was one of the quickest goals in Premier League history, and the Spurs boss couldn't hide his delight.

01 February 2018
Hillary Clinton Auditions for Fire and Fury at the Grammys
The 39-year-old set up the pre-taped bit surrounding " Fire and Fury " to joke who might take home next year's spoken word award. Haley countered that she has "literally been on Air Force One once and there were several people in the room when I was there".

01 February 2018
Budget 2018: Key Takeaways For Infrastructure, MSMEs & Corporate Sectors
The Centre has proposed a standard deduction of Rs 40,000 towards transport, medical reimbursements for salaried taxpayers . In a recent interview, Modi said it was a priority for the government to help distressed farmers .

01 February 2018
Six Nations 2018: Matthieu Jalibert to make France debut v Ireland
Brunel says that Machenaud, who has a 94 per cent success rate this season, will kick the conversions and penalties. He has been paired with the in-form Maxime Machenaud at halfback after Morgan Parra was ruled out injured.