ESIO Stock: Institutionals Holders Overview For Electro Scientific Industries, Inc

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Electro Scientific Industries, Inc. (NASDAQ:ESIO) is at least 260.82% than its current record low price of $6.10. There was a 9.5% gain on 01/17/2018 that led the price to move at $22.01. At recent session, the prices were hovering between $20.2 and $22.22. This company shares are 19.63% off its target price of $26.33 and the current market capitalization stands at $719.73M. The recent change has given its price a -1.13% deficit over SMA 50 and -20.6% deficit over its 52-week high. The stock witnessed 6.48% gains, 47.32% gains and 159.25% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ESIO’s volatility during a week at 4.03% and during a month it has been found around 4.71%.

Electro Scientific Industries, Inc. (ESIO) Top Holders

Institutional investors currently hold around $507 million or 88.7% in ESIO stock. Look at its top three institutional owners. Blackrock Inc. owns $86.23 million in Electro Scientific Industries, Inc., which represents roughly 11.98% of the company’s market cap and approximately 17.01% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 2,484,586 shares of the stock are valued at $49.94 million. The third largest holder is Vanguard Group Inc, which currently holds $35.51 million worth of this stock and that ownership represents nearly 4.93% of its market capitalization.

Electro Scientific Industries, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 82 institutional holders increased their position in Electro Scientific Industries, Inc. (NASDAQ:ESIO) by some 5,501,308 shares, 44 decreased positions by 4,531,342 and 15 held positions by 15,210,888. That puts total institutional holdings at 25,243,538 shares, according to SEC filings. The stock grabbed 34 new institutional investments totaling 1,771,175 shares while 7 institutional investors sold out their entire positions totaling 1,372,868 shares.

Electro Scientific Industries, Inc. (NASDAQ:ESIO) Insider Trades

Multiple company employees have indulged in significant insider trading. Electro Scientific Industries, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CFO, Sr. VP of Finance Oldham Paul R has sold 60,000 shares of Electro Scientific Industries, Inc. (ESIO) in trading session dated Nov. 16, 2017. These shares are worth $1,444,800 and were traded at $24.08 each. The SEC filing shows that Oldham Paul R performed a sale of 120,000 shares. The CFO, Sr. VP of Finance disposed these shares by way of transaction on Nov. 09, 2017. The company’s shares were given away at $23.49 per share worth to an income of some $2,818,800 on account of Oldham Paul R.

Former Officer, Wong Bing-Fai, sold 62,500 common shares of Electro Scientific Industries, Inc. (ESIO) in the open market. In a transaction dated May. 11, 2017, the shares were put up for sale at an average price of $8.48, raking in a sum of $530,000. After this sale, 113,051 common shares of ESIO are directly owned by the insider, with total stake valued at $2,488,253.

In the transaction dated Nov. 04, 2016, the great number of shares acquired came courtesy the President and CEO; Burger Michael D added a total of 84,000 shares at an average price of $4.71, amounting to approximately $395,640. The insider now directly owns 313,445 shares worth $6,898,924.

Electro Scientific Industries, Inc. (ESIO) Analyst Guide

Several analysts have released their opinion on Electro Scientific Industries, Inc. (NASDAQ:ESIO), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation.

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