Inside Stories

CenturyLink, Inc. (CTL): Insider Trading and Ownership Analysis

CenturyLink, Inc. (NYSE:CTL) has seen its stock price gain 0.79, or +4.74%, so far in 2017. In the past 3-month period alone, shares of CTL have appreciated -2.80 – or -13.81%. The stock’s 52-week range is $13.16 to $27.61, and its 3-month range is $13.16 to $20.55.

The average Wall Street analyst rating for CenturyLink, Inc. is Hold, according to the average of 15 analyst scores. Of those analysts, 5 rate stock as a Strong Buy, 8 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Insider Trading Activity for CenturyLink, Inc.

Examining insider trading at CenturyLink, Inc. (NYSE:CTL) can provide us with excellent insight into how the company’s stock is performing. CenturyLink, Inc. has had 25 insider trades in the last 3 months, including 21 open market buys and 4 sells. Of those insider trades, 4.2 million shares of CenturyLink, Inc. were purchased and 418,641 shares were sold. The total number of shares traded in the last 90-day period is 4.62 million.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 67 insider trades, including 45 open market buys and 22 sells. Of those transactions, there were 5.87 million shares of CTL bought and 663,522 shares sold. The total number of shares traded in the last 12 months is 6.53 million.

The most recent open market insider trade was Buy of 5,095 shares on a day where the closing price was 15.47. The insider, BOULET VIRGINIA, now holds 43,140 shares of CTL.

The most recent non open market insider trade was completed by HUSSAIN AAMIR on 11/07/2017, and was a disposition of 9,891 shares with a final price of $16.22. The insider now holds 428,202 shares of CenturyLink, Inc. (CTL).

Examining Institutional Ownership at CenturyLink, Inc. (NYSE:CTL)

According to CenturyLink, Inc.’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 83.18%. The total amount of shares outstanding is 1.07 billion, giving the company a market capitalization of about 18.64 billion.

There are 854 institutional holders with active positions, accounting for 889.25 million shares in total. Of those holders, 343 had increased positions amounting to 81.66 million shares, 385 had decreased positions amounting to 77.41 million shares, and 126 holders have a held position accounting for 730.17 million shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 99.82 million shares, TEMASEK HOLDINGS (PRIVATE) LTD with 92.9 million shares, BLACKROCK INC. with 71.6 million shares, STATE STREET CORP with 45.4 million shares, and SOUTHEASTERN ASSET MANAGEMENT INC/TN/ with 39.69 million shares.

According to CenturyLink, Inc. (CTL) most recent 13F filing, the company has 58 new institutional holders – accounting for 17.88 million shares of its common stock. There were 96 sold out positions, amounting to 24.51 million shares.

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