Gilder Gagnon Howe & Co. LLC Sells 961,329 Shares of SilverCrest Metals Inc. (NASDAQ:SILV)

Share on StockTwits

Gilder Gagnon Howe & Co. LLC cut its holdings in SilverCrest Metals Inc. (NASDAQ:SILV) by 10.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,665,558 shares of the company’s stock after selling 961,329 shares during the period. Gilder Gagnon Howe & Co. LLC owned 0.07% of SilverCrest Metals worth $79,377,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Advisor Group Holdings Inc. increased its stake in shares of SilverCrest Metals by 5.5% in the second quarter. Advisor Group Holdings Inc. now owns 29,140 shares of the company’s stock worth $268,000 after purchasing an additional 1,514 shares during the period. Swiss National Bank increased its stake in shares of SilverCrest Metals by 1.3% in the first quarter. Swiss National Bank now owns 172,700 shares of the company’s stock worth $888,000 after purchasing an additional 2,200 shares during the period. Creative Planning increased its stake in shares of SilverCrest Metals by 19.0% in the first quarter. Creative Planning now owns 14,086 shares of the company’s stock worth $74,000 after purchasing an additional 2,251 shares during the period. Raymond James & Associates increased its stake in shares of SilverCrest Metals by 6.9% in the first quarter. Raymond James & Associates now owns 43,789 shares of the company’s stock worth $229,000 after purchasing an additional 2,820 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of SilverCrest Metals by 70.0% in the second quarter. PNC Financial Services Group Inc. now owns 8,500 shares of the company’s stock worth $78,000 after purchasing an additional 3,500 shares during the period.

SILV has been the topic of several research reports. B. Riley boosted their price target on SilverCrest Metals from $10.80 to $11.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Pi Financial boosted their price target on SilverCrest Metals from $17.00 to $17.25 and gave the company a “buy” rating in a research note on Friday, August 28th. Zacks Investment Research lowered SilverCrest Metals from a “buy” rating to a “hold” rating in a research note on Thursday, June 4th. Stifel Nicolaus initiated coverage on SilverCrest Metals in a research note on Monday, July 6th. They set a “hold” rating and a $12.00 price target on the stock. Finally, BMO Capital Markets boosted their price target on SilverCrest Metals from $10.25 to $13.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $12.18.

Shares of SILV stock traded up $0.04 during trading hours on Friday, hitting $9.78. The company had a trading volume of 793,575 shares, compared to its average volume of 1,009,807. SilverCrest Metals Inc. has a 12 month low of $3.28 and a 12 month high of $11.12. The firm’s fifty day moving average is $9.56 and its 200 day moving average is $7.81.

SilverCrest Metals Profile

SilverCrest Metals Inc engages in the acquisition, exploration, and development of precious metal properties. It primarily explores for silver and gold properties. The company's principal property is the Las Chispas project that consists of 27 concessions totaling approximately 1,389 hectares located in Sonora, Mexico.

Featured Story: Why are percentage gainers important?

Want to see what other hedge funds are holding SILV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SilverCrest Metals Inc. (NASDAQ:SILV).

Institutional Ownership by Quarter for SilverCrest Metals (NASDAQ:SILV)

Receive News & Ratings for SilverCrest Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SilverCrest Metals and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply