Altice USA, Inc. (NYSE:ATUS) has seen its stock price gain 0.82, or -3.86%, so far in 2017. In the past 3-month period alone, shares of ATUS have appreciated -2.65 – or -11.49%. The stock’s 52-week range is $17.80 to $35.29, and its 3-month range is $17.80 to $25.15.
The average Wall Street analyst rating for Altice USA, Inc. is Strong Buy, according to the average of 12 analyst scores. Of those analysts, 8 rate stock as a Strong Buy, 3 rate it as Hold, and just no analyst rates it as a Moderate Sell.
Insider Trading Activity for Altice USA, Inc.
Looking at a public company’s insider trading can give great insight into how the stock is performing. Altice USA, Inc. has had 5 insider trades in the last 3 months, including 5 open market buys and 0 sells. Of those insider trades, 18.93 million shares of Altice USA, Inc. were purchased and 0 shares were sold. The total number of shares traded in the last 90-day period is 18.93 million.
Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 17 insider trades, including 13 open market buys and 4 sells. Of those transactions, there were 20.03 million shares of ATUS bought and 132.05 million shares sold. The total number of shares traded in the last 12 months is 152.08 million.trade was Sell of 36.2 million shares on a day where the closing price was 29.01. The insider, SUDDENVISION S.A.R.L., now holds 65.22 million shares of ATUS.
The most recent non open market insider trade was completed by GOEI DEXTER on 12/21/2017, and was a acquisition of 719,636 shares with a final price of $0. The insider now holds 719,636 shares of Altice USA, Inc. (ATUS).
Examining Institutional Ownership at Altice USA, Inc. (NYSE:ATUS)
According to Altice USA, Inc.’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 42.51%. The total amount of shares outstanding is 743.97 million, giving the company a market capitalization of about 15.18 billion.
There are 122 institutional holders with active positions, accounting for 105 million shares in total. Of those holders, 61 had increased positions amounting to 25.82 million shares, 50 had decreased positions amounting to 22.29 million shares, and 11 holders have a held position accounting for 56.89 million shares.
The top 5 institutional holders, in ascending order, are as follows: CANADA PENSION PLAN INVESTMENT BOARD with 42.27 million shares, PRICE T ROWE ASSOCIATES INC /MD/ with 7.55 million shares, MASSACHUSETTS FINANCIAL SERVICES CO /MA/ with 6.71 million shares, LUCERNE CAPITAL MANAGEMENT LP with 6.11 million shares, and VANGUARD GROUP INC with 4.55 million shares.
According to Altice USA, Inc. (ATUS) most recent 13F filing, the company has 30 new institutional holders – accounting for 9.57 million shares of its common stock. There were 33 sold out positions, amounting to 16.99 million shares.