Inside Stories

Parsley Energy, Inc. (PE) Insider bought 4,858 Shares

Parsley Energy, Inc. (NYSE:PE) has seen its stock price gain 0.32, or -1.09%, so far in 2017. In the past 3-month period alone, shares of PE have appreciated +2.16 – or +8.01%. The stock’s 52-week range is $22.98 to $37.72, and its 3-month range is $23.20 to $31.30.

The average Wall Street analyst rating for Parsley Energy, Inc. is Strong Buy, according to the average of 23 analyst scores. Of those analysts, 20 rate stock as a Strong Buy, 1 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Insider Trading Activity for Parsley Energy, Inc.

Looking at insider trading can give great insight into how Parsley Energy, Inc. (NYSE:PE) is performing. Parsley Energy, 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 Parsley Energy, 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 25 insider trades, including 19 open market buys and 6 sells. Of those transactions, there were 231,083 shares of PE bought and 1.74 million shares sold. The total number of shares traded in the last 12 months is 1.97 million.

The most recent open market insider trade was Sell of 3,400 shares on a day where the closing price was 30. The insider, ROBERTS COLIN, now holds 229,326 shares of PE.

The most recent non open market insider trade was completed by HUGHES KAREN PARFITT on 08/01/2017, and was a acquisition of 4,858 shares with a final price of $0. The insider now holds 4,858 shares of Parsley Energy, Inc. (PE).

Examining Institutional Ownership at Parsley Energy, Inc. (NYSE:PE)

According to Parsley Energy, Inc.’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 101.51%. The total amount of shares outstanding is 315.92 million, giving the company a market capitalization of about 9.20 billion.

There are 393 institutional holders with active positions, accounting for 253.71 million shares in total. Of those holders, 182 had increased positions amounting to 46.92 million shares, 173 had decreased positions amounting to 39.97 million shares, and 38 holders have a held position accounting for 166.82 million shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 19.41 million shares, BOSTON PARTNERS with 15.27 million shares, APOLLO MANAGEMENT HOLDINGS, L.P. with 14.93 million shares, FMR LLC with 11.99 million shares, and BLACKROCK INC. with 11.74 million shares.

According to Parsley Energy, Inc. (PE) most recent 13F filing, the company has 51 new institutional holders – accounting for 21.14 million shares of its common stock. There were 66 sold out positions, amounting to 13.37 million shares.

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