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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 83.46% of AMBC shares are held by financial institutions. BANK OF NEW YORK MELLON CORP is the top corporate investor, holding 422.01K shares valued at $6.60M. A 0.92% stake in Ambac Financial Group, Inc. is owned by the company. GENDELL JEFFREY L owns 434.31K shares valued at $6.79M, which translates its holding of 0.95% of the stake in the company.
Among the AMBC insiders holding of 3.82% of the stake in company, LEBLANC CLAUDE, Chief Executive Officer, holds the largest shares of 526.67K. WALLIS DAVID W, director, is the second largest AMBC insider with ownership of 355.96K shares. NADER TAVAKOLI, Chief Executive Officer, stands third with possession of 266.74K shares of that stake.
A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own AMBC shares is 263, representing 83.46% of the company's common stock.
BANK OF NEW YORK MELLON CORP, in the last quarter, reduced its stake in AMBC by -10.4% restricting it's holding to 422.01 thousand shares of worth nearly $6.60M. MORGAN STANLEY also lessened -12.82% of the AMBC shares from its portfolio, reducing its holding to 480.54 thousand shares of worth $7.51M. NORTHERN TRUST CORP also shunned AMBC shares holding by -1.84% last quarter which brought its holding to 495.41 thousand shares worth $7.74M.
As per its latest 13F filing, GENDELL JEFFREY L increased its stake in AMBC by 117.97% in the last quarter. The institutional holder raised its holding to 434.31 thousand shares having worth more than $6.79M. HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC also added 44.86% more shares of AMBC to its portfolio, raising its holding to 559.92 thousand shares of worth $8.75M. CHARLES SCHWAB INVESTMENT MANAGEMENT INC also increased its AMBC shares holding by 2.54% which brought its holding to 666.07 thousand shares worth $10.41M.
The insider with the most stakes in AMBC is LeBlanc Claude , Chief Executive Officer at the company. Additionally, AMBC stock is highly held by director Wallis David W and Chief Executive Officer NADER TAVAKOLI among others.
Company executives, directors, and other insiders own 3.82% percent of Ambac Financial Group, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which AMBC insiders have sold stock, totaling 0 shares. Insiders that have sold shares include THEOBALD THOMAS C, EISMAN ROBERT BRYAN, and WALLIS DAVID W.
There have been 8 transaction(s) during the past 6-months in which Ambac Financial Group, Inc. insiders have bought stock, totalling 57324 shares
Around 923.34K Ambac Financial Group, Inc. shares are held by insiders, which represents about 3.82% of AMBC stock.
AMBC Chief Executive Officer, LeBlanc Claude holds the largest portfolio of the company's shares. AMBC shares owned by LeBlanc total nearly 526.67 thousand.
BANK OF NEW YORK MELLON CORP is the largest institutional owner in AMBC which holds 422.01 thousand shares worth $6.60M or 0.92% of the total AMBC shares outstanding followed by GENDELL JEFFREY L with ownership of 434.31 thousand shares representing 0.95% of the AMBC ownership. MORGAN STANLEY is the third largest stakeholder with 480.54 thousand shares or 1.05% of the ownership worth more than $7.51M.
Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the AMBC is concerned, it is a stock which is optionable.
Number of AMBC shares short is 2.96M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.
As of today, 47.44M shares of AMBC are outstanding.
Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, AMBC has 46.08M shares in float.
Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for AMBC is 5.11.