Riot Blockchain, Inc. (NASDAQ:RIOT) is now up 894.52% compared to a 12-month low of $2.37. We have seen the price to move 47.59% higher and get settled at $23.6 on 11/24/2017. At recent session, it appeared stuck in a range of $18.39 to $24. This company shares are -83.05% up from its target price of $4 and the current market capitalization stands at $196.12M. The recent change has given its price a 239.7% lead over SMA 50 and 46.22% lead over its 52-week high. The stock witnessed 227.78% gains, 660.46% gains and 631.05% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RIOT’s volatility during a week at 28.77% and during a month it has been found around 15.93%.
Riot Blockchain, Inc. (RIOT) Top Holders
Institutional investors currently hold around $5 million or 3.1% in RIOT stock. Look at its top three institutional owners. Dsc Advisors, L.P. owns $1.6 million in Riot Blockchain, Inc., which represents roughly 0.82% of the company’s market cap and approximately 31.98% of the institutional ownership. Similar statistics are true for the second largest owner, Cambridge Investment Research Advisors, Inc., which owns 73,034 shares of the stock are valued at $1.17 million. The third largest holder is Vanguard Group Inc, which currently holds $672 thousand worth of this stock and that ownership represents nearly 0.34% of its market capitalization.
Riot Blockchain, Inc. 13F Filings
At the end of 09/30/2017 reporting period, 7 institutional holders increased their position in Riot Blockchain, Inc. (NASDAQ:RIOT) by some 80,381 shares, 6 decreased positions by 69,874 and 7 held positions by 179,931. That puts total institutional holdings at 330,186 shares, according to SEC filings. The stock grabbed 1 new institutional investments totaling 7 shares while 4 institutional investors sold out their entire positions totaling 66,986 shares.
Riot Blockchain, Inc. (NASDAQ:RIOT) Insider Trades
Multiple company employees have indulged in significant insider trading. Riot Blockchain, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Honig Barry C has acquired 4,000 shares of Riot Blockchain, Inc. (RIOT) in trading session dated Jan. 04, 2017. These shares are worth $16,880 and were traded at $4.22 each. The SEC filing shows that Honig Barry C performed a purchase of 29,815 shares. The 10% Owner added these shares by way of transaction on Dec. 01, 2016. The company’s shares were assimilated at $5.04 per share worth to an investment of some $150,268 on account of Honig Barry C.
10% Owner, Honig Barry C, purchased 63,426 common shares of Riot Blockchain, Inc. (RIOT) in the open market. In a transaction dated Oct. 18, 2016, the shares were bought at an average price of $2.52, giving away a sum of $159,834. After this purchase, 452,585 common shares of RIOT are directly owned by the insider, with total stake valued at $10,681,006.
In the transaction dated Apr. 14, 2014, the great number of shares acquired came courtesy the SVP & Chief Commercial Officer; Hurd Donald R added a total of 4,375 shares at an average price of $16.32, amounting to approximately $71,400. The insider now directly owns 6,250 shares worth $147,500.