Finance

What Recent Ownership Trends Suggest About Delphi Automotive PLC (DLPH)’s Future Performance

Recent insider trends for Delphi Automotive PLC (NYSE:DLPH) have caught the attention of investors. Patters in insider activity can help analysts formulate an outlook for a stock. In the case of DLPH, the data has a lot to say about how the stock might perform going forward.

Institutions own 0% of Delphi Automotive PLC (DLPH)’s shares. The total value of these holdings, in millions, is $4,794. Among active positions in the latest quarter, 309 holders increased their positions by a total of 7.94 million shares, 249 holders decreased the positions by a total of 7.41 million shares, and 84 holders held their positions. This works out to a net increase in ownership of 532370 shares, and suggests that institutions are feeling bullish about the stock.

Among new and sold out positions, 76 holders initiated new positions by a total of 1.75 million shares and 36 holders exited their positions by a total of 447515 shares. This nets out to an increase of 1.3 million shares and is a bullish sign for DLPH.

In the last three months, insiders executed a total of 2 trades. 1 of these were buys and 1 were sells. Insider ownership decreased by a total of 3 shares, which suggests that DLPH’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 1 buys and 1 sells, and ownership decreased by a net of 3 shares.



Short interest, or the number of a stock’s tradable shares currently being shorted, is another metric investors use to get a pulse on sentiment. Delphi Automotive PLC (NYSE:DLPH)’s short interest is 3.09 million shares, or % of the float. This represents an increase of 12% 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.

Insider data can help an investor form an outlook on a stock, but it’s important to supplement this data with other information such as technical indicators to form a more complete view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that DLPH is a Strong buy, which implies that DLPH is expected to outperform 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 bearish. Technical indicators (also) suggest that Delphi Automotive PLC (NYSE:DLPH) is undervalued.

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