Finance

What the Insider Data Suggests About Fairmount Santrol Holdings Inc. (FMSA)

Recent insider trends for Fairmount Santrol Holdings Inc. (NYSE:FMSA) have caught the attention of investors. Insider data is useful because it can reveal what a company’s executives and largest shareholders feel about a stock. In this case, the data has some interesting things to say about how FMSA might perform in the future.

Institutions own 73.31% of Fairmount Santrol Holdings Inc. (FMSA)’s shares. The total value of these holdings, in millions, is $784. Among active positions in the latest quarter, 89 holders increased their positions by a total of 16.51 million shares, 87 holders decreased the positions by a total of 42.19 million shares, and 29 holders held their positions. This works out to a net decrease in ownership of 25.68 million shares, and suggests that institutions are feeling bearish about the stock.

Among new and sold out positions, 38 holders initiated new positions by a total of 6.89 million shares and 39 holders exited their positions by a total of 27.97 million shares. This nets out to a decrease of 21.08 million shares and is another bearish sign for FMSA.

Insider ownership increased by a total of 0 shares, which suggests that FMSA’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 14 buys and 9 sells, and ownership increased by a net of 187036 shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Fairmount Santrol Holdings Inc. (NYSE:FMSA)’s short interest is 21.11 million shares, or 13.73% of the float. This represents an increase of 0% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

Supplementing insider data with technical indicators can help an investor form a more complete view on the outlook for a stock. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that FMSA is a Weak sell, which implies that FMSA is expected to underperform the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Fairmount Santrol Holdings Inc. (NYSE:FMSA) is overvalued.

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