Archer-Daniels-Midland Company (NYSE:ADM) has made a 11.09% comeback from a 12-month low price of $38.59. It was seen 0.09% higher, changing the price to $42.87, when the closing bell rang on 03/27/2018. At recent session, the prices were hovering between $42.74 and $43.6. This company shares are 5.69% off its target price of $45.31 and the current market capitalization stands at $23.89B. The recent change has given its price a 1.24% lead over SMA 50 and -7.59% deficit over its 52-week high. The stock witnessed 1.66% gains, 6.67% gains and -1.61% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ADM’s volatility during a week at 1.9% and during a month it has been found around 1.99%.
Archer-Daniels-Midland Company (ADM) Top Holders
Institutional investors currently hold around $18.64 billion or 79.5% in ADM stock. Look at its top three institutional owners. State Farm Mutual Automobile Insurance Co owns $2.41 billion in Archer-Daniels-Midland Company, which represents roughly 10.09% of the company’s market cap and approximately 12.94% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 44,808,924 shares of the stock are valued at $1.92 billion. The third largest holder is Blackrock Inc., which currently holds $1.8 billion worth of this stock and that ownership represents nearly 7.52% of its market capitalization.
Archer-Daniels-Midland Company 13F Filings
At the end of 12/31/2017 reporting period, 355 institutional holders increased their position in Archer-Daniels-Midland Company (NYSE:ADM) by some 27,668,765 shares, 329 decreased positions by 25,414,913 and 126 held positions by 382,127,271. That puts total institutional holdings at 435,210,949 shares, according to SEC filings. The stock grabbed 106 new institutional investments totaling 7,054,638 shares while 68 institutional investors sold out their entire positions totaling 3,851,555 shares.
Archer-Daniels-Midland Company (NYSE:ADM) Insider Trades
Multiple company employees have indulged in significant insider trading. Archer-Daniels-Midland Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Senior Vice President Cuddy Christopher M has sold 399 shares of Archer-Daniels-Midland Company (ADM) in trading session dated Mar. 12, 2018. These shares are worth $17,748 and were traded at $44.48 each. The SEC filing shows that Taets Joseph D. performed a sale of 13,319 shares. The Senior Vice President disposed these shares by way of transaction on Feb. 28, 2017. The company’s shares were given away at $47.02 per share worth to an income of some $626,259 on account of Taets Joseph D..
Group VP, Finance & Controller, Stott John P, sold 2,418 common shares of Archer-Daniels-Midland Company (ADM) in the open market. In a transaction dated Nov. 02, 2016, the shares were put up for sale at an average price of $47.74, raking in a sum of $115,435. After this sale, 35,113 common shares of ADM are directly owned by the insider, with total stake valued at $1,505,294.
In the transaction dated Nov. 01, 2016, the great number of shares disposed came courtesy the Senior Vice President; D Ambrose Michael disposed a total of 20,762 shares at an average price of $47.16, amounting to approximately $979,136. The insider now directly owns 157,228 shares worth $6,740,364.
Archer-Daniels-Midland Company (ADM) Analyst Guide
Several analysts have released their opinion on Archer-Daniels-Midland Company (NYSE:ADM), with 5 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.45 average brokerage recommendation.
