62 institutions hold shares in Radius Global Infrastructure Inc. (RADI), with 4.7M shares held by insiders accounting for 7.51% while institutional investors hold 109.77% of the company’s shares. The shares outstanding are 61.21M, and float is at 21.84M with Short Float at 3.15%. Institutions hold 101.52% of the Float.
The top institutional shareholder in the company is Centerbridge Partners, L.P. with over 10.0 million shares valued at $128.5 million. The investor’s holdings represent 16.39% of the RADI Shares outstanding. As of Dec 30, 2020, the second largest holder is Davidson Kempner Capital Management LP with 7.58 million shares valued at $97.42 million to account for 12.43% of the shares outstanding. The other top investors are Monarch Alternative Capital, LP which holds 5.45 million shares representing 8.94% and valued at over $70.04 million, while Third Point, LLC holds 7.38% of the shares totaling 4.5 million with a market value of $57.83 million.
Radius Global Infrastructure Inc. (NASDAQ: RADI) is 16.19% higher on its value in year-to-date trading and has touched a low of $6.57 and a high of $15.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RADI stock was last observed hovering at around $14.88 in the last trading session, with the day’s gains setting it 0.05% off its average median price target of $18.00 for the next 12 months. It is also 21.42% off the consensus price target high of $19.00 offered by 3 analysts, but current levels are 17.06% higher than the price target low of $18.00 for the same period.
Currently trading at $14.93, the stock is -0.59% and 10.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 0.34% at the moment leaves the stock 30.40% off its SMA200. RADI registered a gain of 92.65% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $14.04 and a 200-day simple moving average (SMA200) of $11.89.
The stock witnessed a 11.33% loss in the last 1 month and extending the period to 3 months gives it a 16.10%, and is -2.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.81% over the week and 4.82% over the month.
Radius Global Infrastructure Inc. (RADI) has around 303 employees, a market worth around $913.86M and $69.76M in sales. Distance from 52-week low is 127.25% and -6.63% from its 52-week high.
Radius Global Infrastructure Inc. (RADI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Radius Global Infrastructure Inc. (RADI) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Radius Global Infrastructure Inc. is expected to release its quarterly report on 09/01/2021 and quarterly earnings per share for the current quarter are estimated at -$0.29 with sales reaching $21.18M over the same period.The EPS is expected to grow by 64.40% this year, but quarterly earnings will post 31.00% year-over-year.
Radius Global Infrastructure Inc. (RADI) Insider Activity
A total of 8 insider transactions have happened at Radius Global Infrastructure Inc. (RADI) in the last six months, with sales accounting for 1 and purchases happening 7 times. The most recent transaction is an insider sale by Loeb Daniel S, the company’s 10% Owner. SEC filings show that Loeb Daniel S sold 4,527 shares of the company’s common stock on Mar 03 at a price of $12.43 per share for a total of $56264.0. Following the sale, the insider now owns 4.5 million shares.
Radius Global Infrastructure Inc. disclosed in a document filed with the SEC on Nov 02 that DKLDO IV Trading Subsidiary LP (10% Owner) bought a total of 478,629 shares of the company’s common stock. The trade occurred on Nov 02 and was made at $7.75 per share for $3.71 million. Following the transaction, the insider now directly holds 7.58 million shares of the RADI stock.
Still, SEC filings show that on Oct 20, DKLDO IV Trading Subsidiary LP (10% Owner) acquired 250,000 shares at an average price of $8.00 for $2.0 million. The insider now directly holds 7,102,901 shares of Radius Global Infrastructure Inc. (RADI).