Who are the Institutional Holders in Fleetcor Technologies Inc (FLT)?

Fleetcor Technologies Inc (NYSE: FLT) is -6.19% lower on its value in year-to-date trading and has touched a low of $185.04 and a high of $298.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FLT stock was last observed hovering at around $291.99 in the last trading session, with the day’s loss setting it -26.87%.

Currently trading at $265.12, the stock is -7.98% and -3.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -9.20% at the moment leaves the stock 4.59% off its SMA200. FLT registered 24.25% gain for a year compared to 6-month gain of 1.95%. The firm has a 50-day simple moving average (SMA 50) of $6.51 and a 200-day simple moving average (SMA200) of $12.18.

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The stock witnessed a -6.55% loss in the last 1 month and extending the period to 3 months gives it a 13.58%, and is -9.99% 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 2.88% over the week and 2.00% over the month.

Fleetcor Technologies Inc (FLT) has around 9900 employees, a market worth around $19.14B and $3.76B in sales. Current P/E ratio is 20.09 and Fwd P/E is 11.76. Profit margin for the company is 26.13%. Distance from 52-week low is 43.28% and -11.18% from its 52-week high. The company has generated returns on investments over the last 12 months (12.46%).

Fleetcor Technologies Inc quarterly earnings per share for the current quarter are estimated at $4.42 with sales reaching $979.74M over the same period.The EPS is expected to grow by 14.88% this year, but quarterly earnings will post 10.10% year-over-year. Quarterly sales are estimated to grow 8.70% in year-over-year returns.

855 institutions hold shares in Fleetcor Technologies Inc (FLT), with institutional investors hold 97.31% of the company’s shares. The shares outstanding are 73.36M, and float is at 69.94M with Short Float at 1.32%. Institutions hold 94.27% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 8.01 million shares valued at $2.01 billion. The investor’s holdings represent 10.82% of the FLT Shares outstanding. As of Jun 29, 2023, the second largest holder is Wellington Management Group, LLP with 5.74 million shares valued at $1.44 billion to account for 7.75% of the shares outstanding. The other top investors are Blackrock Inc. which holds 5.35 million shares representing 7.23% and valued at over $1.34 billion, while Orbis Allan Gray Ltd holds 6.90% of the shares totaling 5.11 million with a market value of $1.28 billion.

Fleetcor Technologies Inc (FLT) Insider Activity

A total of 2 insider transactions have happened at Fleetcor Technologies Inc (FLT) in the last six months, with sales accounting for 2 and purchases happening 0 times.

Fleetcor Technologies Inc (FLT): Who are the competitors?

One of the company’s main competitors (and peers) include PayPal Holdings Inc. (PYPL) that is trading -30.53% down over the past 12 months.Fidelity National Information Services Inc. (FIS) lies in the list of competitors of the Fleetcor Technologies Inc and is -18.55% lower over the same period from FLTFiserv Inc. (FI) is 24.14% up on the 1-year trading charts.