Recent insider trends for The Dun & Bradstreet Corporation (NYSE:DNB) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on DNB is anything to go by, investors should pay attention.
Institutions own 90.95% of The Dun & Bradstreet Corporation (DNB)’s shares. The total value of these holdings, in millions, is $3,752. Among active positions in the latest quarter, 133 holders increased their positions by a total of 3.65 million shares, 148 holders decreased the positions by a total of 3.49 million shares, and 70 holders held their positions. This works out to a net increase in ownership of 159297 shares, and suggests that institutions are feeling bullish about the stock.
Among new and sold out positions, 42 holders initiated new positions by a total of 778163 shares and 44 holders exited their positions by a total of 771285 shares. This nets out to an increase of 6878 shares and is a bullish sign for DNB.
In the last three months, insiders executed a total of 11 trades. 11 of these were buys. Insider ownership increased by a total of 203 shares, which suggests that DNB’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a different story: insiders executed 62 buys and 30 sells, and ownership decreased by a net of 1746 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. The Dun & Bradstreet Corporation (NYSE:DNB)’s short interest is 393800 shares, or 1.07% of the float. 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.
In light of the insider ownership and trading data it makes sense to consider technicals to see if they come to a similar conclusion about the outlook for DNB. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that DNB is a buy, which implies that DNB is expected to outperform 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 bullish. Technical indicators (also) suggest that The Dun & Bradstreet Corporation (NYSE:DNB) is undervalued.