Insider Transaction: MRC Global Inc. (MRC)’s President & CEO Andrew Lane Unloaded 293,155 shares; Icahn Enterprises LP Has 1.24 Sentiment

Icahn Enterprises L.P. (NASDAQ:IEP) Logo

Icahn Enterprises LP (IEP) investors sentiment increased to 1.24 in Q4 2017. It’s up 0.36, from 0.88 in 2017Q3. The ratio is positive, as 31 investment managers increased and opened new stock positions, while 25 trimmed and sold positions in Icahn Enterprises LP. The investment managers in our database now have: 169.13 million shares, up from 164.45 million shares in 2017Q3. Also, the number of investment managers holding Icahn Enterprises LP in top ten stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 7 Reduced: 18 Increased: 20 New Position: 11.

Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. The company has market cap of $11.96 billion. The Company’s Investment segment operates various private investment funds. It has a 4.66 P/E ratio. The companyÂ’s Automotive segment supplies a range of components, accessories, and systems to the automotive, small engine, heavy-duty, marine, railroad, agricultural, off-road, aerospace and energy, industrial, and transport markets; and distributes automotive parts, as well as operates automotive retail, and service and tire centers.

More notable recent Icahn Enterprises L.P. (NASDAQ:IEP) news were published by: Globenewswire.com which released: “Icahn Enterprises LP Reports First Quarter 2018 Financial Results” on May 03, 2018, also Bizjournals.com with their article: “Xerox’s board remains in place as litigation continues” published on May 04, 2018, Nasdaq.com published: “Is Eldorado Resorts Expanding Too Fast?” on April 23, 2018. More interesting news about Icahn Enterprises L.P. (NASDAQ:IEP) were released by: Nasdaq.com and their article: “Despite Surviving Short Attack, Herbalife Ltd. Stock Is Still Overvalued” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “Icahn Sells Federal-Mogul; Tenneco To Create Two Public Companies” with publication date: April 10, 2018.

Icahn Carl C holds 36.93% of its portfolio in Icahn Enterprises L.P. for 157.90 million shares. Horizon Kinetics Llc owns 2.49 million shares or 3.86% of their US portfolio. Moreover, Fishman Jay A Ltd Mi has 0.99% invested in the company for 98,734 shares. The New York-based Citigroup Inc has invested 0.31% in the stock. American National Registered Investment Advisor Inc., a Texas-based fund reported 10,700 shares.

The stock increased 3.39% or $2.26 during the last trading session, reaching $68.92. About 168,813 shares traded or 49.43% up from the average. Icahn Enterprises L.P. (IEP) has risen 11.77% since May 5, 2017 and is uptrending. It has outperformed by 0.22% the S&P500.

After the publishing of a report filled with U.S. Security & Exchange Commission; a huge and important insider transaction became apparent. The President & CEO of Mrc Global Inc, Andrew Lane; executed a considerable sale in the open market by selling 293,155 shares at the average share price which was $19.5 of the Pinksheet-listed Mrc Global Inc valued at near $5,716,523 USD. Andrew is trying to silently decrease his company’s share, same as he did in the last 30 days. He sold another 293,155 shares worth $5,569,945 USD. Andrew Lane now has ownership of 811,336 shares which make up around 0.88% of the Texas-based company’s market capitalization (total value of the shares outstanding).

The stock increased 2.46% or $0.47 during the last trading session, reaching $19.59. About 1.54M shares traded or 102.67% up from the average. MRC Global Inc. (NYSE:MRC) has declined 7.82% since May 5, 2017 and is downtrending. It has underperformed by 19.37% the S&P500.

Another recent and important MRC Global Inc. (NYSE:MRC) news was published by Seekingalpha.com which published an article titled: “MRC Global 2018 Q1 – Results – Earnings Call Slides” on May 04, 2018.

Since January 12, 2018, it had 0 buys, and 3 sales for $11.19 million activity. Lane Andrew R sold $5.57M worth of stock. DUGANIER BARBARA J sold 3,000 shares worth $52,470.

MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related services and products to the energy industry in the United States, Canada, and internationally. The company has market cap of $1.81 billion. The firm supplies products across various markets, such as upstream, midstream, and downstream. It has a 72.56 P/E ratio. It offers ball, butterfly, gate, globe, check, diaphragm, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as measurement, steam, and instrumentation products.

Icahn Enterprises L.P. (NASDAQ:IEP) Institutional Positions Chart