On Jun 05, Windlinger Jerry, Director bought 1,985 shares of Parsley Energy Inc. (NYSE: PE), with the average selling price of the stock being $17.50 per share. The total amount realized from this purchase $34,738. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.
In addition to that, See Remarks – Sheffield Bryan sold an extra 100,000 shares of this stock in a transaction that took place a day before, on May 20, with a share sold at an average of $20.24 and a total of $2,024,210 was realized from this transaction. After the transaction, the See Remarks – Sheffield Bryan was left with 8,801,632 shares of the company’s stock, which is currently worth around $178145031.68.
The recent price movement of PE means that it is now down by -30.61% from its 52-week high and 16.18% up against its 52-week low prices. Over the past one week, the price volatility of PE stands at 3.32% while the volatility over the past one month is 4.03%. The beta score for this stock is 0.58. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.
The company on 11/05/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.3 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.34 by -0.04. The revenue by the firm was 517.51M for the quarter.
The shares of Parsley Energy Inc. (PE) dropped by -1.42%, leading to a loss of -$0.23 per share, and saw PE end the trading session at $15.94 on Thursday 11/14/19. PE started the trading session at $16.30, before reaching a daily high of $16.56. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $15.835.
The trading volume on Thursday stood at 3267298, which was below the stock’s 3-month average volume of 5.66 million shares, out of a total 267.85M shares. As the price of the stock dipped, the market valuation of the company dropped to 5.09 billion.
The shares of Lam Research Corporation (NASDAQ: LRCX) went up by 0.97% by the end of the recent trading session. This movement saw its price surge to close at $275.09, which was higher than the previous closing price of $272.46. Over the past one week, the price of LRCX has jumped by 0.36%, while it has recorded a gain of 17.18% over the past one month. Its three-month performance saw LRCX gain 34.12% while its six-month performance saw it surge by 41.68%. The situation is different though over the past one year, as the stock price went up by 91.10%, while its year-to-date (YTD) price performance jumped by 102.02%. The stock price has gone up by +40.03% compared to its 90-day low, while it is down -2.75% compared to its 90-day high price.
Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,776,650 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,676,558 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see LRCX stock with a 100-Day average volume of 1,723,414 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves LRCX with an average rating of 100% Buy.
Several brokerage firms sent out their reports LRCX stock not long ago. In its report sent out on October 24, 2019, UBS lowered its ratings on LRCX to a Neutral. In an earlier report on October 24, 2019, Susquehanna Reiterated the stock to a Neutral. Stifel meanwhile in its report on October 24, 2019 Reiterated its rating of the stock to “Buy”.
In related news to the company’s stock, around 92.10% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 949 institutions currently hold the LRCX stock. In the last quarter, a 128,350,945 LRCX shares were in the possession of institutions. On the other hand, the company recorded 110 new institutions who bought it their stock, while 84 institutions sold their entire LRCX reserve. Of the current institutions investing in the stock, 414 increased their investment while 421 decreased their investment in the stock.