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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 88.36% of GM shares are held by financial institutions. HIGHTOWER ADVISORS, LLC is the top corporate investor, holding 3.74M shares valued at $169.62M. A 0.29% stake in General Motors Company is owned by the company. LORD, ABBETT & CO. LLC owns 2.21M shares valued at $100.36M, which translates its holding of 0.17% of the stake in the company.
Among the GM insiders holding of 0.24% of the stake in company, UAW RETIREE MEDICAL BENEFITS TRUST, director, holds the largest shares of 100.15M. BARRA MARY T, Chair & CEO, is the second largest GM insider with ownership of 898.65K shares. JACOBSON PAUL A, Executive Vice President & CFO, stands third with possession of 261.87K 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 GM shares is 1761, representing 88.36% of the company's common stock.
HIGHTOWER ADVISORS, LLC, in the last quarter, reduced its stake in GM by -1.81% restricting it's holding to 3.74 million shares of worth nearly $169.62M. CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. also lessened -14.51% of the GM shares from its portfolio, reducing its holding to 2.13 million shares of worth $96.76M. CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM also shunned GM shares holding by -15.67% last quarter which brought its holding to 2.11 million shares worth $95.82M.
As per its latest 13F filing, LORD, ABBETT & CO. LLC increased its stake in GM by 50.5% in the last quarter. The institutional holder raised its holding to 2.21 million shares having worth more than $100.36M. CAPITAL WORLD INVESTORS also added 14.57% more shares of GM to its portfolio, raising its holding to 48.77 million shares of worth $2.21B. GOLDMAN SACHS GROUP INC also increased its GM shares holding by 54.18% which brought its holding to 21.23 million shares worth $962.57M.
The insider with the most stakes in GM is UAW Retiree Medical Benefits Trust , director at the company. Additionally, GM stock is highly held by Chair & CEO Barra Mary T and Executive Vice President & CFO Jacobson Paul A among others.
Company executives, directors, and other insiders own 0.24% percent of General Motors Company's stock. Within the last six months, there have been 12 transaction(s) in which GM insiders have sold stock, totaling 1.23M shares. Insiders that have sold shares include HARVEY RORY, BARRA MARY T, and REUSS MARK L.
There have been 1 transaction(s) during the past 6-months in which General Motors Company insiders have bought stock, totalling 25000 shares
Around 4.09M General Motors Company shares are held by insiders, which represents about 0.24% of GM stock.
GM director, UAW Retiree Medical Benefits Trust holds the largest portfolio of the company's shares. GM shares owned by UAW total nearly 100.15 million.
HIGHTOWER ADVISORS, LLC is the largest institutional owner in GM which holds 3.74 million shares worth $169.62M or 0.29% of the total GM shares outstanding followed by LORD, ABBETT & CO. LLC with ownership of 2.21 million shares representing 0.17% of the GM ownership. CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. is the third largest stakeholder with 2.13 million shares or 0.16% of the ownership worth more than $96.76M.
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 GM is concerned, it is a stock which is optionable.
Number of GM shares short is 40.37M. 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, 1.12B shares of GM 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, GM has 1.12B 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 GM is 3.23.