CBS Corporation (NYSE:CBS) has seen its stock price gain 7.70, or -12.10%, so far in 2017. In the past 3-month period alone, shares of CBS have appreciated -10.79 – or -16.17%. The stock’s 52-week range is $52.75 to $70.10, and its 3-month range is $52.75 to $67.57.
The average Wall Street analyst rating for CBS Corporation is Strong Buy, according to the average of 19 analyst scores. Of those analysts, 13 rate stock as a Strong Buy, 4 rate it as Hold, and just no analyst rates it as a Moderate Sell.
Insider Trading Activity for CBS Corporation
Examining insider trading at CBS Corporation (NYSE:CBS) can provide us with excellent insight into how the company’s stock is performing. CBS Corporation has had 17 insider trades in the last 3 months, including 0 open market buys and 17 sells. Of those insider trades, 0 shares of CBS Corporation were purchased and 1.05 million shares were sold. The total number of shares traded in the last 90-day period is 1.05 million.
Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 143 insider trades, including 42 open market buys and 101 sells. Of those transactions, there were 649,575 shares of CBS bought and 3.02 million shares sold. The total number of shares traded in the last 12 months is 3.67 million.
The most recent open market insider trade was Sell of 5,093 shares on a day where the closing price was 57.33. The insider, GIFFORD CHARLES K, now holds 65,180 shares of CBS.
The most recent non open market insider trade was completed by MOONVES LESLIE on 09/19/2017, and was a acquisition of 14,000 shares with a final price of $57.81. The insider now holds 1.01 million shares of CBS Corporation (CBS).
Examining Institutional Ownership at CBS Corporation (NYSE:CBS)
According to CBS Corporation’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 83.92%. The total amount of shares outstanding is 448.13 million, giving the company a market capitalization of about 25.06 billion.
There are 784 institutional holders with active positions, accounting for 304.27 million shares in total. Of those holders, 314 had increased positions amounting to 26.04 million shares, 358 had decreased positions amounting to 25.09 million shares, and 112 holders have a held position accounting for 253.14 million shares.
The top 5 institutional holders, in ascending order, are as follows: CAPITAL WORLD INVESTORS with 30.34 million shares, VANGUARD GROUP INC with 24.28 million shares, BLACKROCK INC. with 23.35 million shares, STATE STREET CORP with 15.76 million shares, and JPMORGAN CHASE & CO with 8.3 million shares.
According to CBS Corporation (CBS) most recent 13F filing, the company has 70 new institutional holders – accounting for 5.34 million shares of its common stock. There were 70 sold out positions, amounting to 3.99 million shares.