Inside Stories

How Have Institutional Investors Been Trading Oasis Petroleum Inc. (OAS)?

Oasis Petroleum Inc. (NYSE:OAS) has seen its stock price gain 0.93, or +11.06%, so far in 2017. In the past 3-month period alone, shares of OAS have appreciated +0.72 – or +8.35%. The stock’s 52-week range is $6.69 to $15.77, and its 3-month range is $7.57 to $11.39.

The average Wall Street analyst rating for Oasis Petroleum Inc. is Strong Buy, according to the average of 22 analyst scores. Of those analysts, 12 rate stock as a Strong Buy, 9 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Insider Trading Activity for Oasis Petroleum Inc.

Insider trading activity is a great indicator of how a stock is performing, so let’s take a look at Oasis Petroleum Inc. (NYSE:OAS). Oasis Petroleum Inc. has had 0 insider trades in the last 3 months, including 0 open market buys and 0 sells. Of those insider trades, 0 shares of Oasis Petroleum Inc. were purchased and 0 shares were sold. The total number of shares traded in the last 90-day period is 0.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 33 insider trades, including 12 open market buys and 21 sells. Of those transactions, there were 429,140 shares of OAS bought and 478,089 shares sold. The total number of shares traded in the last 12 months is 907,229.

The most recent open market insider trade was Sell of 10,985 shares on a day where the closing price was 8.77. The insider, LORENTZATOS NICKOLAS J, now holds 182,351 shares of OAS.

The most recent non open market insider trade was completed by REID TAYLOR L on 09/25/2017, and was a disposition of 30,000 shares with a final price of $0. The insider now holds 1.13 million shares of Oasis Petroleum Inc. (OAS).

Examining Institutional Ownership at Oasis Petroleum Inc. (NYSE:OAS)

According to Oasis Petroleum Inc.’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 82.75%. The total amount of shares outstanding is 240.03 million, giving the company a market capitalization of about 2.24 billion.

There are 269 institutional holders with active positions, accounting for 222.87 million shares in total. Of those holders, 113 had increased positions amounting to 29.46 million shares, 115 had decreased positions amounting to 28.81 million shares, and 41 holders have a held position accounting for 164.59 million shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 19.71 million shares, DIMENSIONAL FUND ADVISORS LP with 18.68 million shares, BLACKROCK INC. with 15.99 million shares, SPO ADVISORY CORP with 10.25 million shares, and MILLENNIUM MANAGEMENT LLC with 10.08 million shares.

According to Oasis Petroleum Inc. (OAS) most recent 13F filing, the company has 31 new institutional holders – accounting for 6.63 million shares of its common stock. There were 43 sold out positions, amounting to 10.34 million shares.

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