Northern Trust Investments, Inc. recently announced the acquisition of new stake in Barnwell Industries Inc. (AMEX:BRN). This fresh investment now brings its stake to 0.23% valued currently at $67497.0. In addition, Apexium Financial LP raised its holdings by 21140.0 to 21140.0 shares.
With over 73480.0 Barnwell Industries Inc. (BRN) shares trading Tuesday and a closing price of $2.86 on the day, the dollar volume was approximately $0.21 million. The shares have shown a positive half year performance of 10.42% and its price on 01/24/23 gained nearly 2.51%. Currently, there are 9.96M common shares owned by the public and among those 5.37M shares have been available to trade.
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Insiders at the company have transacted a total of 49 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 11 of these insider trades were purchases, accounting for 234,590 shares. Insider sales of the common stock occurred on 38 occasions, with total insider shares sold totaling 244,260 shares.
The top 3 mutual fund holders in Barnwell Industries Inc. are Vanguard Total Stock Market Index, Bridgeway Ultra Small Company Fun, and Vanguard Extended Market Index Fu. Vanguard Total Stock Market Index owns 0.27 million shares of the company’s stock, all valued at over $0.79 million. Vanguard Extended Market Index Fu bought 212.0 shares to bring its total holdings to over 68394.0 shares at a value of $0.2 million. Vanguard Extended Market Index Fu now owns shares totaling to 0.69% of the shares outstanding.
Shares of Barnwell Industries Inc. (AMEX: BRN) opened at $2.80, up $0.01 from a prior closing price of $2.79. However, the script later moved the day high at 2.8800, up 2.51%. The company’s stock has a 5-day price change of 4.76% and -8.04% over the past three months. BRN shares are trading -3.26% year to date (YTD), with the 12-month market performance up to 9.58% higher. It has a 12-month low price of $2.12 and touched a high of $6.38 over the same period. BRN has an average intraday trading volume of 31.90K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.27%, -3.64%, and 0.88% respectively.
Institutional ownership of Barnwell Industries Inc. (AMEX: BRN) shares accounts for 14.40% of the company’s 9.96M shares outstanding. Mutual fund holders own 5.69%, while other institutional holders and individual stakeholders account for 8.14% and 47.73% respectively.
It has a market capitalization of $28.60M and a beta (3y monthly) value of 0.51. The stock’s trailing 12-month PE ratio is 5.04, while the earnings-per-share (ttm) stands at $0.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.08% over the week and 4.47% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
