how much of amc float is owned by retail
Researcher and operations manager at DM Martins Research. According to data compiled by Fidelity, 34.4 percent of AMCs outstanding float of 516 million is held by institutions. Online retail is growing at a rapid pace and is threatening the traditional retail model. People may receive compensation for some links to products and services on this website. Its a story that makes institutional investors hair stand on end. It is the percentage of float shares out of the total shares outstanding. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Based on the latest shareholder count provided by AMC itself, the percentage of general public ownership is now greater than 80%, with each retail investor holding around 120 shares ($5,000) on average. AMC Entertainment Holdings's float percentage of total shares outstanding is 98.79%. The float was over 16 feet (4.9 meters) tall and replicated a movie theatre . to being in the know. Of course, this statement by AMC is likely a precautionary measure which is unlikely to deter the AMCs ape army from continuing to stockpile $AMC. According to data compiled by Fidelity, 34.4 percent of AMC's outstanding float of 516 million is held by institutions. Investors interested in automatically receiving news and information when posted to our website can also visit www.investor.amctheatres.com to sign up for email alerts. After all, these people are the owners of AMC, and I work for them. Advertising Disclosure: Some offers on this page may promote affiliates, which means The Tokenist earns a commission if you purchase products or services through the links provided. State Street Corporation, Geode Capital Management, and Northern Trust Management make up the other top three AMC stockholders in that order. Finally, AMC is planning to bring its AMC Theatres Perfectly Popcorn to grocery store shelves. Offers may be subject to change without notice. In its filing on Thursday, AMC honestly cautioned potential investors that the current prices may not match the fundamentals of the movie theater business. AMC CEO Adam Aron stated that individual investors controlled more than 80 percent of AMC at last count in the news release that announced the project. Antara Capital LP is the largest individual Amc Entertainment shareholder, owning 252.68M shares representing 48.89% of the company. So at 450 million shares before the 43 million AMC selloff the most real shares retail can own . Among institutions, Vanguard and Blackrock are the top holders, with 8% and 6% of the shares, respectively. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. By using the service, you acknowledge that you have agreed to and accepted the content of this disclaimer in full. AMC released its fourth-quarter 2021 earnings, which showed revenues rising to a two-year high. We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last.. To keep retail shareholders up-to-date regarding company information, AMC aims to launch AMC Investor Connect in concurrence with the preparatory proxy statement for AMCs July 29 annual meeting of shareholders. We start with a free large popcorn on us, when they attend their first movie at an AMC theatre this summer.. As of June 2, AMC had approximately 4.1 million shareholders eligible to vote at the upcoming Shareholder Meeting Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company") is today providing the following information: As previously disclosed, there were 501,780,240 shares outstanding as of June 2, 2021, the record date . The average float shares / outstanding of companies in the sector is 53.7% with a standard deviation of 25.4%. Co-producer of The Street's financial channels: Apple Maven, Amazon Maven and Wall Street Memes. Tried to sell an illiquid/not much traded stock at a smaller exchange once.. 20,000x the shares available at ask and at single digit % higher price. Eddie Pan specializes in institutional investments and insider activity. Press J to jump to the feed. . Amount of Analyst Coverage AMC Entertainment has only been the subject of 2 research reports in the past 90 days. Institutional owners seem to be buying the dip in AMC stock, which is reflected in the increase in their ownership. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Also, the article may contain affiliate links. During the fourth-quarter earnings call, Aron said that more than 90 percent of AMC is owned by retail investors. See Top Rated MarketRank Stocks Here About AMC Entertainment (NYSE:AMC) Stock These indexes include the exchange-traded fund (ETF) known as the Vanguard Total Stock Market Index (NYSEARCA:VTI), which aims to follow the performance of all equities that are listed in the United States. GuruFocus has detected 6 Severe Warning Signs with AMC. It has been more than a year since the meme stock mania gripped Wall Street. Alibaba Cloud accepts no responsibility for any consequences on account of your use of the content without verification. As per AMC's investor relations report: More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. Theres even room for more lines. That said, the same analogy would apply to all the stocks, and not just AMC. Mobile commerce is convenient and allows consumers to shop anywhere at any time. This amounts to 9.16 percent ownership in the business. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Aron specified that the figure was arrived at after excluding index funds that have to buy AMC out of compulsion. Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment, AMCs representatives said. Even for just 1 day. Nothing shared by The Tokenist should be considered investment advice. All Rights Reserved. According to analysts' consensus price target of $3.12, AMC Entertainment has a forecasted downside of 59.0% from its current price of $7.61. The crime is getting worse and worse and more blatantly out in the open. www.computershare.com. That was slightly above consensus estimates of $1.16 billion. AMC's reddit army continues to grow by the day, with no signs of slowing down. If you wish to request information or Locations Through the End of October, Reddit Adds Chief Revenue Officer, New Hires After Year of M&A, $AMC - AMC: Massive Downside Possible If Proposals Succeed. We intend to communicate often with these investors, and from time to time provide them with special benefits at our theatres. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Antara Capital LP's Amc Entertainment shares are currently valued at $1.58B. 175.381%. Any forward-looking statement speaks only as of the date on which it is made. rnoonan@amctheatres.com, John Merriwether As of today, AMC Entertainment Holdings's float shares is 515.72 Mil. TURN OFF THE FUCKIN DARK POOLS GARY! In the case of AMC, however, the story is probably different. Short positions for the stocks remains high with AMC at 18.3% of free float and GameStop at 21.8%. In the previous quarter also, they net bought 33.4 million AMC shares and increased the stake by 26.1 percent. Even as AMCs stock price soared, hedge fund investors and short sellers were calling its bluff, cautioning that the companys shares were massively overvalued. Thats it. To the extent the holdings of the Companys securities by the Companys directors and executive officers have changed since the amounts set forth in the Companys 2021 Form 10-K, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. In a less cryptic pronouncement, Aron also said outright that AMCs health was dependent on the support of its retail investors. $AMC CEO: "If you exclude index funds who have no choice but to own and hold AMC shares, individual retail investors would seem to own more than 90% of our officially issued 516 million shares as of today.". InvestorRelations@amctheatres.com, Transfer Agent Although some shareholders own a greater percentage than others, the importance of each and every stakeholder to AMC cannot be overstated. Why would I want to ape into something that's 90% owned by retards? To put that in perspective, retail investors own just above 60 percent of GameStop, a fellow meme stock. This is where AMC Investor Connect comes into play. The retail industry has a huge impact on the economy and employs a large number of people. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD, and we encourage investors to consult that section of our website regularly for important information about AMC. The companys top line and bottom line were better than expected. Only PremiumPlus Member can access this feature. This document is not a substitute for the proxy statement or any other document that may be filed by the Company with the SEC. General Disclaimer: The Tokenist is an independent media publication. AMC has been successfully added to your Stock Email Alerts list. AMC Entertainment (AMC) was among the faces of the meme stock trade as retail investors triggered short squeezes and left Wall Street hedge funds running for cover, both literally and figuratively. For example, retail investors own just under 40 percent of Apple and around 20 percent of Facebook parent Meta Platforms. According to him, more than 80 percent of AMC shares are held by a diverse group of retail investors, which is exceedingly rare for large publicly traded firms. This communication does not constitute a solicitation of any vote or approval. The two-year high revenue should be seen in perspective since it's coming from a low base. Like this vi. The short-seller squeeze is exactly "what the Reddit army is hoping for," said ORTEX's co-founder. Save my name, email, and website in this browser for the next time I comment. In connection with the Annual Meeting, the Company filed a preliminary proxy statement with the SEC on June 3, 2021 and plans to file with the Securities and Exchange Commission (the SEC) and mail or otherwise provide to its stockholders a definitive proxy statement regarding the business to be conducted at the Annual Meeting. This gimmick seems to have paid off in a major way: In a press release announcing the Investor Connect initiative, AMC CEO Adam Aron said that retail investors now own a supermajority of the companys shares, more than 80% at last count.. The most recent data from Yahoo Finance says that AMC has a float of 513 million shares. Thanks for supporting Wall Street Memes). everything that matters in the new era of finance. Please enter Portfolio Name for new portfolio. Please consult our. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. 2004-2023 GuruFocus.com, LLC. The century-old company teamed up with crypto payment processor BitPay to utilize this feature. Nous, Yahoo, faisons partie de la famille de marques Yahoo. The institutional ownership structure of AMC Entertainment Holdings Inc (US:AMC) reveals current stakes held in the firm by institutions and funds, as well as the most recent changes in the size of such positions. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Tim Fries is the cofounder of The Tokenist. AMC has attained what is like a dream to almost every company, a supportive army of retail investors. Ryan Noonan, (913) 213-2183 AMC largest holders According to data provided by Yahoo Finance, AMC has a float of 513 million shares. In the fourth quarter of 2021, institutional investors were net buyers of 15.8 million AMC shares and increased their ownership by 9.8 percent. We start with a free large popcorn on us, when they attend their first movie at an AMC theatre this summer.. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. The quickest way to receive IR assistance is to email IR at: The Vanguard Group is the biggest stockholder of AMC and holds a 9.17 percent stake in the cinema chain company. We recommend that you consult a professional if you have any doubt in this regard. Such automatically generated content does not reflect the views or opinions of Alibaba Cloud. Head researcher and portfolio strategist of independent firm DM Martins Research. A hedge fund known as Melvin Capital has been engaging in short selling of both AMC and GME stock. By voting in favor of the proposals, together we can help position AMC, in its 101st year of business, for continued success over the next century.. Leawood, KS 66211 AMC's shares held short totaled 94.6 million on May 14, which equated to about 21% of its float. Press question mark to learn the rest of the keyboard shortcuts. AMCs stock price nearly doubled on Wednesday alone following the release of what the company has dubbed its Investor Connect initiative, which promises shareholders access to exclusive benefits like free movie snacks and invites to special screenings. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. AMC stock investors: how satisfied are you with your AMC position so far? He doesn't know how it works. Announces Shareholder Count, https://www.businesswire.com/news/home/20210609005827/en/, Click The call position in the company, which is held by Citadel Investment Group and is worth $338,1 million, accounts for 0.1 percent of the firms 13F portfolio. Short sellers betting against AMC suffered $2 billion in losses . Of the total, about 74% is owned by the public, 25% by institutions and 0.3% by insiders directors, company's officers, and those with access to company information before it becomes public. Thats not all, however. Float Percentage Of Total Shares Outstanding, EPS Growth Rate (Future 3Y To 5Y Estimate), Total Revenue Growth Rate (Future 3Y To 5Y Est), Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, AMC Entertainment Holdings, Inc.
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how much of amc float is owned by retail