In the SEC’s latest filings, institutions owning shares of Vericel Corporation (NASDAQ:VCEL) have increased their transactions by 5.18%. Institutions now own 36.60% of the company.
Organizations that control large sums of money, like pension funds, insurance companies or mutual funds, who buy stocks are known as institutional investors. Compared to individual investors, institutional investors trade in large blocks, 10,000 or more shares per transaction. These large trades can affect the price of a commodity significantly.
Investors look favorably upon stocks with a large amount of institutional ownership. These large entities often hire a team of analysts to perform research prior to the group purchasing a company’s stock. Because of the large research investment made, institutions aren’t quick to sell their position.
Institutions may also influence the price of a stock after acquiring a position by using TV shows, articles in high-profile newspapers or magazines and presentations at investor conferences to help drive the price higher, increasing the value of the share.
Vericel Corporation (NASDAQ:VCEL) stock stands 11.74% away from its 50-day simple moving average and also 45.56% away from the 200-day average. Recently, the commodity stands -19.05% away from the 52-week high and 126.67% from the 52-week low. The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 69.04 for Vericel Corporation (NASDAQ:VCEL).