Inside Stories

What Does Insider Trading Tell Us About Huntington Bancshares Incorporated (HBAN)?

Huntington Bancshares Incorporated (NASDAQ:HBAN) has seen its stock price gain 1.07, or +7.35%, so far in 2017. In the past 3-month period alone, shares of HBAN have appreciated +1.78 – or +12.85%. The stock’s 52-week range is $12.14 to $15.69, and its 3-month range is $13.04 to $15.69.

The average Wall Street analyst rating for Huntington Bancshares Incorporated is Strong Buy, according to the average of 19 analyst scores. Of those analysts, 11 rate stock as a Strong Buy, 7 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Insider Trading Activity for Huntington Bancshares Incorporated

Taking a look at insider trading at Huntington Bancshares Incorporated (NASDAQ:HBAN) can give useful insight into how the stock is performing. Huntington Bancshares Incorporated has had 15 insider trades in the last 3 months, including 6 open market buys and 9 sells. Of those insider trades, 35,110 shares of Huntington Bancshares Incorporated were purchased and 389,030 shares were sold. The total number of shares traded in the last 90-day period is 424,140.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 145 insider trades, including 79 open market buys and 66 sells. Of those transactions, there were 1.88 million shares of HBAN bought and 974,167 shares sold. The total number of shares traded in the last 12 months is 2.85 million.

The most recent open market insider trade was Sell of 14,513 shares on a day where the closing price was 13.77. The insider, HOUSTON HELGA, now holds 468,016 shares of HBAN.

The most recent non open market insider trade was completed by STANUTZ NICHOLAS G on 01/02/2018, and was a disposition of 27,452 shares with a final price of $14.57. The insider now holds 474,755 shares of Huntington Bancshares Incorporated (HBAN).

Examining Institutional Ownership at Huntington Bancshares Incorporated (NASDAQ:HBAN)

According to Huntington Bancshares Incorporated’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 76.10%. The total amount of shares outstanding is 1.07 billion, giving the company a market capitalization of about 16.75 billion.

There are 614 institutional holders with active positions, accounting for 822.57 million shares in total. Of those holders, 249 had increased positions amounting to 53.05 million shares, 249 had decreased positions amounting to 37.67 million shares, and 116 holders have a held position accounting for 731.84 million shares.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 111.33 million shares, FMR LLC with 97.99 million shares, BLACKROCK INC. with 68.18 million shares, STATE STREET CORP with 59.03 million shares, and CAPITAL INTERNATIONAL INVESTORS with 49.72 million shares.

According to Huntington Bancshares Incorporated (HBAN) most recent 13F filing, the company has 45 new institutional holders – accounting for 15.41 million shares of its common stock. There were 49 sold out positions, amounting to 6.16 million shares.

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