Recent insider trends for Mondelez International, Inc. (NASDAQ:MDLZ) have caught the attention of investors. Analysts study insider data to get a sense of sense of what key shareholders think about the outlook for a particular stock. In the case of MDLZ, the data has some interesting implications for where the stock might be headed.
Institutions own 77.45% of Mondelez International, Inc. (MDLZ)’s shares. The total value of these holdings, in millions, is $48,552. Among active positions in the latest quarter, 484 holders increased their positions by a total of 65.29 million shares, 599 holders decreased the positions by a total of 92.45 million shares, and 233 holders held their positions. This works out to a net decrease in ownership of 27.16 million shares, and suggests that institutions are feeling bearish about the stock.
Among new and sold out positions, 52 holders initiated new positions by a total of 4.28 million shares and 72 holders exited their positions by a total of 4.72 million shares. This nets out to a decrease of 443645 shares and is another bearish sign for MDLZ.
In the last three months, insiders executed a total of 4 trades. 1 of these were buys and 3 were sells. Insider ownership decreased by a total of 422012 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 33 sells, and ownership decreased by a net of 1.79 million shares.
Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Mondelez International, Inc. (NASDAQ:MDLZ)’s short interest is 11.93 million shares, or % of the float. This represents a decrease of -18% 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.
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 MDLZ. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that MDLZ is a buy, which implies that MDLZ 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 bearish. Technical indicators (also) suggest that Mondelez International, Inc. (NASDAQ:MDLZ) is undervalued.