Carlyle Group Inc (NASDAQ: CG) is 22.68% higher on its value in year-to-date trading and has touched a low of $27.13 and a high of $52.73 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 CG stock was last observed hovering at around $50.03 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $49.92, the stock is 0.92% and 12.23% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -0.22% at the moment leaves the stock 14.25% off its SMA200. CG registered 81.13% gain for a year compared to 6-month gain of 21.58%. The firm has a 50-day simple moving average (SMA 50) of $44.4802 and a 200-day simple moving average (SMA200) of $43.6951.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 10.91% loss in the last 1 month and extending the period to 3 months gives it a 22.02%, and is -0.60% 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 2.07% over the week and 2.43% over the month.
Carlyle Group Inc (CG) has around 2200 employees, a market worth around $17.75B and $3.10B in sales. Fwd P/E is 11.33. Profit margin for the company is -12.80%. Distance from 52-week low is 84.00% and -5.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.60%).
with sales reaching $921.66M over the same period.The EPS is expected to grow by 14.25% this year, but quarterly earnings will post 10.20% year-over-year.
Carlyle Group Inc (CG) Top Institutional Holders
722.0 institutions hold shares in Carlyle Group Inc (CG), with institutional investors hold 89.55% of the company’s shares. The shares outstanding are 361.33M, and float is at 205.22M with Short Float at 7.61%. Institutions hold 64.69% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.34 million shares valued at $936.99 million. The investor’s holdings represent 6.4664% of the CG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.71 million shares valued at $911.7 million to account for 6.2919 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 20.04 million shares representing 5.5541% and valued at over $804.8 million, while MORGAN STANLEY holds 3.5621 of the shares totaling 12.86 million with a market value of $516.16 million.
Carlyle Group Inc (CG) Insider Activity
The most recent transaction is an insider sale by Carlyle Group Inc., the company’s 10% Owner. SEC filings show that Carlyle Group Inc. sold 250,000 shares of the company’s common stock on Oct 17 ’24 at a price of $2.33 per share for a total of $0.58 million. Following the sale, the insider now owns 2.16 million shares.
Carlyle Group Inc disclosed in a document filed with the SEC on Oct 16 ’24 that Carlyle Group Inc. (10% Owner) sold a total of 275,000 shares of the company’s common stock. The trade occurred on Oct 16 ’24 and was made at $2.20 per share for $0.6 million. Following the transaction, the insider now directly holds 2.41 million shares of the CG stock.
Still, SEC filings show that on Oct 15 ’24, Carlyle Group Inc. (10% Owner) disposed off 225,000 shares at an average price of $2.12 for $0.48 million. The insider now directly holds 2,680,461 shares of Carlyle Group Inc (CG).
