MGRC Stock Price History and Quote Analysis: Insights for Investors

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 MGRC shares is 296, representing 90.02% of the company's common stock.

MORGAN STANLEY, in the last quarter, reduced its stake in MGRC by -9.68% restricting it's holding to 494.18 thousand shares of worth nearly $60.97M. RHUMBLINE ADVISERS also lessened -8.59% of the MGRC shares from its portfolio, reducing its holding to 45.26 thousand shares of worth $5.58M. INVESCO LTD. also shunned MGRC shares holding by -48.34% last quarter which brought its holding to 31.72 thousand shares worth $3.91M.

As per its latest 13F filing, CREDIT SUISSE AG/ increased its stake in MGRC by 11.32% in the last quarter. The institutional holder raised its holding to 38.59 thousand shares having worth more than $4.76M. YAKIRA CAPITAL MANAGEMENT, INC. also added 100% more shares of MGRC to its portfolio, raising its holding to 35.97 thousand shares of worth $4.44M. ALLIANZ ASSET MANAGEMENT GMBH also increased its MGRC shares holding by 30.71% which brought its holding to 32.64 thousand shares worth $4.03M.

The insider with the most stakes in MGRC is ZECH RONALD H , director at the company. Additionally, MGRC stock is highly held by Executive VP and CFO PRATT KEITH E and VP and Division Manager Lieffrig John among others.

Company executives, directors, and other insiders own 1.48% percent of McGrath RentCorp's stock. Within the last six months, there have been 0 transaction(s) in which MGRC insiders have sold stock, totaling 0 shares. Insiders that have sold shares include WHITNEY DAVID M, VAN TREASE KRISTINA, and FETTER ELIZABETH A.

There have been 0 transaction(s) during the past 6-months in which McGrath RentCorp insiders have bought stock, totalling 0 shares

Around 0 McGrath RentCorp shares are held by insiders, which represents about 1.48% of MGRC stock.

MGRC director, ZECH RONALD H holds the largest portfolio of the company's shares. MGRC shares owned by ZECH total nearly 31.1 thousand.

MORGAN STANLEY is the largest institutional owner in MGRC which holds 494.18 thousand shares worth $60.97M or 2.02% of the total MGRC shares outstanding followed by RHUMBLINE ADVISERS with ownership of 45.26 thousand shares representing 0.18% of the MGRC ownership. CREDIT SUISSE AG/ is the third largest stakeholder with 38.59 thousand shares or 0.16% of the ownership worth more than $4.76M.

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 MGRC is concerned, it is a stock which is optionable.

Number of MGRC shares short is 687.59K. 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, 24.55M shares of MGRC 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, MGRC has 24.14M 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 MGRC is 9.44.