Vivint Smart Home, Inc.（纽约证券交易所代码：VVNT）主要股东出售了1,198,673,568.00美元的股票

Vivint Smart Home, Inc. (NYSE:VVNT – Get Rating) major shareholder Holdings L.P. Blackstone III sold 99,889,464 shares of the stock in a transaction on Friday, March 10th. The stock was sold at an average price of $12.00, for a total value of $1,198,673,568.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Vivint Smart Home Price Performance

Shares of VVNT stock remained flat at $12.00 on Tuesday. The company had a trading volume of 5,165,700 shares, compared to its average volume of 2,342,700. The business has a 50 day moving average of $11.87 and a two-hundred day moving average of $9.62. The company has a market cap of $2.58 billion, a PE ratio of -50.00 and a beta of 0.99. Vivint Smart Home, Inc. has a 52-week low of $3.26 and a 52-week high of $12.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in shares of Vivint Smart Home by 0.5% in the 3rd quarter. BlackRock Inc. now owns 5,774,758 shares of the company's stock valued at $37,997,000 after buying an additional 29,172 shares during the period. Nordwand Advisors LLC acquired a new position in Vivint Smart Home in the fourth quarter valued at approximately $47,130,000. State Street Corp lifted its holdings in Vivint Smart Home by 2.1% in the third quarter. State Street Corp now owns 1,958,049 shares of the company's stock valued at $12,884,000 after acquiring an additional 40,760 shares during the last quarter. Water Island Capital LLC acquired a new position in Vivint Smart Home during the fourth quarter worth $22,686,000. Finally, Alpine Associates Management Inc. acquired a new position in Vivint Smart Home during the fourth quarter worth $20,491,000.

Analysts Set New Price Targets

Several research firms have recently issued reports on VVNT. Morgan Stanley boosted their target price on Vivint Smart Home from $7.90 to $12.00 and gave the company an "equal weight" rating in a research note on Wednesday, December 7th. Royal Bank of Canada upped their price target on Vivint Smart Home from $9.00 to $12.00 and gave the stock a "sector perform" rating in a research note on Wednesday, December 7th. JPMorgan Chase & Co. cut Vivint Smart Home from an "overweight" rating to a "neutral" rating in a research note on Wednesday, December 7th. Finally, Evercore ISI boosted their target price on Vivint Smart Home to $7.00 in a report on Tuesday, November 15th.

About Vivint Smart Home

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Vivint Smart Home, Inc, together with its subsidiaries, engages in the sale, installation, servicing, and monitoring of smart home and security systems primarily in the United States and Canada. The company's smart home platform includes cloud-enabled smart home operating systems; AI-driven smart home automation and assistance software; software-enabled smart home devices; and tech-enabled services to educate, manage, and support the smart home.

Further Reading

• Get a free copy of the StockNews.com research report on Vivint Smart Home (VVNT)
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