Recent insider trends for Mondelez International, Inc. (NASDAQ:MDLZ) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of MDLZ, the data has a lot to say about how the stock might perform going forward.
Institutions own 77.37% of Mondelez International, Inc. (MDLZ)’s shares. The total value of these holdings, in millions, is $47,394. Among active positions in the latest quarter, 542 holders increased their positions by a total of 79.5 million shares, 561 holders decreased the positions by a total of 84.32 million shares, and 231 holders held their positions. This works out to a net decrease in ownership of 4.82 million shares, and suggests that institutions are feeling bearish about the stock.
Among new and sold out positions, 75 holders initiated new positions by a total of 4.69 million shares and 53 holders exited their positions by a total of 4.29 million shares. This nets out to an increase of 399398 shares and is a bullish sign for MDLZ.
In the last three months, insiders executed a total of 6 trades. 2 of these were buys and 4 were sells. Insider ownership decreased by a total of 174139 shares, which suggests that MDLZ’s key executives are feeling less optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 26 buys and 36 sells, and ownership decreased by a net of 5.71 million shares.
Short interest is another tool that analysts use to gauge investor sentiment. It represents the number of a stock’s shares that are being shorted by investors. Mondelez International, Inc. (NASDAQ:MDLZ)’s short interest is 19.13 million shares. This represents an increase of 15% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks.
Ownership trends and trading patterns can be useful tools for predicting a stock’s performance, but it’s also important to consider the technicals in order to form a more comprehensive view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that MDLZ is a Strong sell, which implies that MDLZ is expected to underperform the market based on prior trading patterns.
Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bearish. Technical indicators (also) suggest that Mondelez International, Inc. (NASDAQ:MDLZ) is overvalued.