39 INSTITUTIONAL INVESTORS ARE RAISING STAKES IN USA TECHNOLOGIES, INC. (NASDAQ:USAT)
USA Technologies, Inc. (NASDAQ:USAT) reached 36.62% versus a 1-year low price of $3.55. The stock was last seen 6.59% higher, reaching at $4.85 on Monday, May 22, 2017. At recent session, the prices were hovering between $4.55 and $4.85. This company shares are 30.52% off its target price of $6.33 and the current market capitalization stands at $186.97M. The recent change has given its price a 9.11% lead over SMA 50 and -16.52% deficit over its 52-week high. The stock witnessed 6.59% gains, 14.12% gains and 22.78% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found USAT’s volatility during a week at 6.36% and during a month it has been found around 5.05%.
USA Technologies, Inc. (USAT) Top Holders
Institutional investors currently hold around $89 million or 44.8% in USAT stock. Look at its top three institutional owners. Blackrock Inc. owns $8.15 million in USA Technologies, Inc., which represents roughly 4.36% of the company’s market cap and approximately 9.15% of the institutional ownership. Similar statistics are true for the second largest owner, William Blair Investment Management, Llc, which owns 1,664,244 shares of the stock are valued at $7.57 million. The third largest holder is Vanguard Group Inc, which currently holds $6.55 million worth of this stock and that ownership represents nearly 3.5% of its market capitalization.
USA Technologies, Inc. 13F Filings
At the end of 31/3/2017 reporting period, 39 institutional holders increased their position in USA Technologies, Inc. (NASDAQ:USAT) by some 4,000,241 shares, 36 decreased positions by 1,494,284 and 18 held positions by 14,000,239. That puts total institutional holdings at 19,494,764 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 719,999 shares while 13 institutional investors sold out their entire positions totaling 693,652 shares.
