MBIA Target of Unusually High Options Trading (MBI)


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Hedge funds and other institutional investors own 89.89% of the company's stock. Finally, Fox Run Management L.L.C. acquired a new position in shares of MBIA during the first quarter valued at $105,000. First Midwest Bank Trust Division now owns 93,117 shares of the insurance provider's stock valued at $789,000 after buying an additional 1,947 shares during the last quarter. Old Mutual Global Investors UK Ltd. now owns 970,779 shares of the insurance provider's stock valued at $8,222,000 after buying an additional 291,246 shares during the last quarter. State Street Corp boosted its position in shares of MBIA by 6.9% in the fourth quarter. Finally, Two Sigma Investments LP purchased a new position in MBIA during the fourth quarter valued at $4,060,000. The correct version of this piece can be viewed at https://transcriptdaily.com/2017/07/14/charles-r-rinehart-acquires-40000-shares-of-mbia-inc-nysembi-stock-updated.html. (NYSE:MBI) have recently changed their ratings on the stock. Gilbert now owns $1,494,897 of the stock per the Form 4 SEC filing. We have taken into consideration the 50-day and the 200-day Simple Moving Average, as this pair of SMA is often looked at by big financial institutions as a long range indicator of market direction.

MBIA, Inc. has a one year low of $6.97 and a one year high of $11.65.

MBIA Inc (NYSE:MBI) 52-week high price stands at $11.65 and low price stands at $7.14, its price distance from 52-week high is -14.25% while its distance from 52-week low price is 39.82%. The insurance provider reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.03. The firm had revenue of $77 million during the quarter, compared to analysts' expectations of $95.20 million. Analysts expect next quarter's EPS will be $0.06 and the next full year EPS is anticipated to be $0.23. MBIA Inc. (NYSE:MBI) notched a 12-month high of $14.50 while $15.00 target is by far the most aggressive out of analysts who are now evaluating MBI, $0.5 higher than the next highest 52-week price estimate.

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ILLEGAL ACTIVITY WARNING: "Los Angeles Capital Management & Equity Research Inc". Envestnet Asset Management Inc. increased its stake in shares of MBIA by 0.8% in the first quarter. (NYSE:MBI) is down -7.93%, compared with a gain of almost 11.25% for 3 months and about 14.83% for the past 30 days. If you are accessing this piece on another website, it was copied illegally and reposted in violation of global trademark and copyright laws. MKM Partners raised its rating on MBIA Inc.to Buy on 03/11/2015 in a reversal from its prior Neutral rating.

A number of equities research analysts have issued reports on MBI shares.

In terms of Buy, Sell or Hold recommendations, MBIA Inc (NYSE:MBI) has analysts' mean recommendation of 2.

MBIA, Inc. had its " rating reiterated by analysts at BTIG Research. The stock had a trading volume of 1,031,606 shares. The stock was acquired at an average cost of $8.96 per share, for a total transaction of $448,000.00. Following the completion of the acquisition, the director now directly owns 212,592 shares of the company's stock, valued at $1,966,476. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven J. Gilbert bought 50,000 shares of the company's stock in a transaction that occurred on Monday, June 19th. The shares were acquired at an average price of $9.25 per share, for a total transaction of $370,000.00.