Pioneer Natural Resources Company (NYSE:PXD) is at least 33.27% than its current record low price of $125.46. There was a 4.37% gain on 12/20/2017 that led the price to move at $167.2. At recent session, the prices were hovering between $159.26 and $167.33. This company shares are 12.68% off its target price of $188.4 and the current market capitalization stands at $28.58B. The recent change has given its price a 10.04% lead over SMA 50 and -16.33% deficit over its 52-week high. The stock witnessed 10.36% gains, 17.74% gains and 8.05% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PXD’s volatility during a week at 2.51% and during a month it has been found around 2.28%.
Pioneer Natural Resources Company (PXD) Top Holders
Institutional investors currently hold around $25.12 billion or 93% in PXD stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.97 billion in Pioneer Natural Resources Company, which represents roughly 6.88% of the company’s market cap and approximately 7.83% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 12,162,964 shares of the stock are valued at $1.95 billion. The third largest holder is Jpmorgan Chase & Co, which currently holds $1.78 billion worth of this stock and that ownership represents nearly 6.22% of its market capitalization.
Pioneer Natural Resources Company 13F Filings
At the end of 09/30/2017 reporting period, 330 institutional holders increased their position in Pioneer Natural Resources Company (NYSE:PXD) by some 14,592,449 shares, 347 decreased positions by 16,188,233 and 97 held positions by 126,015,601. That puts total institutional holdings at 156,796,283 shares, according to SEC filings. The stock grabbed 65 new institutional investments totaling 4,755,946 shares while 99 institutional investors sold out their entire positions totaling 3,399,569 shares.
Pioneer Natural Resources Company (NYSE:PXD) Insider Trades
Multiple company employees have indulged in significant insider trading. Pioneer Natural Resources Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP, Investor Relations Hopkins Frank E has sold 2,000 shares of Pioneer Natural Resources Company (PXD) in trading session dated Dec. 18, 2017. These shares are worth $320,000 and were traded at $160 each. The SEC filing shows that Berg Mark Stephen performed a sale of 2,000 shares. The EVP, Corporate/Vertically Inte disposed these shares by way of transaction on Dec. 14, 2017. The company’s shares were given away at $157.85 per share worth to an income of some $315,700 on account of Berg Mark Stephen.
President & CEO, Dove Timothy L, sold 1,000 common shares of Pioneer Natural Resources Company (PXD) in the open market. In a transaction dated Dec. 12, 2017, the shares were put up for sale at an average price of $159.51, raking in a sum of $159,510. After this sale, 259,434 common shares of PXD are directly owned by the insider, with total stake valued at $43,377,365.
In the transaction dated Dec. 11, 2017, the great number of shares disposed came courtesy the Director; Grillot Larry R. disposed a total of 200 shares at an average price of $159.35, amounting to approximately $31,870. The insider now directly owns 7,097 shares worth $1,186,618.
Pioneer Natural Resources Company (PXD) Analyst Guide
Several analysts have released their opinion on Pioneer Natural Resources Company (NYSE:PXD), with 26 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.17 average brokerage recommendation.