Inside Stories

Institutional Ownership And Insider Trading At ConocoPhillips (COP)

ConocoPhillips (NYSE:COP) has seen its stock price gain 4.29, or +7.82%, so far in 2017. In the past 3-month period alone, shares of COP have appreciated +9.58 – or +19.31%. The stock’s 52-week range is $42.26 to $58.32, and its 3-month range is $48.97 to $59.48.

The average Wall Street analyst rating for ConocoPhillips is Strong Buy, according to the average of 17 analyst scores. Of those analysts, 12 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 ConocoPhillips

To gain some better insight into how ConocoPhillips (NYSE:COP) is performing, let’s look at some of the company’s recent insider trading activity. ConocoPhillips has had 1 insider trades in the last 3 months, including 1 open market buys and 0 sells. Of those insider trades, 2,000 shares of ConocoPhillips were purchased and 0 shares were sold. The total number of shares traded in the last 90-day period is 2,000.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 25 insider trades, including 1 open market buys and 24 sells. Of those transactions, there were 2,000 shares of COP bought and 389,997 shares sold. The total number of shares traded in the last 12 months is 391,997.

The most recent open market insider trade was Buy of 2,000 shares on a day where the closing price was 52.06. The insider, BUNCH CHARLES E, now holds 3,429 shares of COP.

The most recent non open market insider trade was completed by DESANCTIS ELLEN on 04/04/2017, and was a disposition of 190 shares with a final price of $49.42. The insider now holds 22,578 shares of ConocoPhillips (COP).

Examining Institutional Ownership at ConocoPhillips (NYSE:COP)

According to ConocoPhillips’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 69.92%. The total amount of shares outstanding is 1.20 billion, giving the company a market capitalization of about 70.89 billion.

There are 1,365 institutional holders with active positions, accounting for 835.88 million shares in total. Of those holders, 448 had increased positions amounting to 31.19 million shares, 746 had decreased positions amounting to 33.99 million shares, and 171 holders have a held position accounting for 770.7 million shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 90.18 million shares, BLACKROCK INC. with 86.61 million shares, STATE STREET CORP with 61.19 million shares, FMR LLC with 57.81 million shares, and BARROW HANLEY MEWHINNEY & STRAUSS LLC with 29.01 million shares.

According to ConocoPhillips (COP) most recent 13F filing, the company has 84 new institutional holders – accounting for 4.56 million shares of its common stock. There were 78 sold out positions, amounting to 4.52 million shares.

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