AMC Entertainment has attracted more than 3 million retail shareholders over the last several months. Same from a year ago. These individual investors likely own a majority of our shares, they own AMC, Aron said on the earnings call. 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. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. In its filing on Thursday, AMC honestly cautioned potential investors that the current prices may not match the fundamentals of the movie theater business. More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. 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. In the case of AMC, however, the story is probably different. 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. If you're holding AMC stock then you my friend have something very valuable in your possession. Ownership is not often a key factor in deciding whether to buy a stock. AMC's shares held short totaled 94.6 million on May 14, which equated to about 21% of its float. These partnerships do not influence editorial content. That said, the same analogy would apply to all the stocks, and not just AMC. In the previous quarter also, they net bought 33.4 million AMC shares and increased the stake by 26.1 percent. For additional information, please review our full advertising disclosure. AMC Entertainment Holdings, Inc. engages in the theatrical exhibition business through its subsidiaries. Of the total, about 74% is owned by the public, 25% by institutions and 0.3% by. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. However, the smart money doesnt seem to be getting it right since AMC stock has lost a third of its market cap in 2022. H/T: @krugermacro. Its a story that makes institutional investors hair stand on end. 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. Only PremiumPlus Member can access this feature. The content at The Tokenist has not been endorsed by any entity mentioned at the site. The Company may also file other documents with the SEC regarding the business to be conducted at the Annual Meeting. Shortly thereafter, voting materials and a notice of the Shareholder Meeting will be sent to individual investors. Retail investors are individuals who purchase securities for their own personal account, rather than for an institution or other entity. Copyright 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 not all, however. AMC, for its part, seems unperturbed by the lack of institutional support; in fact, its entire strategy as of late seems predicated upon attracting the support of the same Average Joe investors that sent share prices skyrocketing from $4.95 to $20.36 overnight in January 2021. We may earn a commission from links on this page. According to data compiled by Fidelity, 34.4 percent of AMC's outstanding float of 516 million is held by institutions. Do you think the AMC Investor Connect solution can be beneficial in maintaining the investors interest in the firm? Should one or more of these risks, trends, uncertainties or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. 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 . How Might Your Engagement As An Employee And Job Satisfaction Influence Job Performance? AMC largest holders According to data provided by Yahoo Finance, AMC has a float of 513 million shares. One loyal Twitter user noted: Time to recalibrate your minds and let that sink in, You have more power and control than you think, Watch movies @ #AMCTheatres + buy $AMC products + think of the stock as a savings account, BAM Investor (@BAMinvestor) March 2, 2022. Click here to check it out. How many americans own AMC stock? AMC is among a rare handful of companies that actually alerts investors against buying its own shares. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The two-year high revenue should be seen in perspective since it's coming from a low base. Tim Fries is the cofounder of The Tokenist. "AMC Investor Connect will put our Company in direct communication with a retail investor shareholder base that owned more than 80% of AMC at last count. The Tokenist does not provide investment advice. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. This communication may be deemed solicitation material in respect of the Annual Meeting of stockholders (the Annual Meeting) of AMC Entertainment Holdings, Inc. (AMC or the Company). We recommend that you consult a professional if you have any doubt in this regard. Retail, according to AMC CEO Adam Aron, owns 90 percent of the companys publicly traded stock. Indeed, as it is often said about AMC on Twitter, retail owns the float.. For example, retail investors own just under 40 percent of Apple and around 20 percent of Facebook parent Meta Platforms. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase. It would appear that the overwhelming majority of AMC shares are currently held by investors who are not affiliated with any institutions. AMC has developed a major cult following among financial communities like Reddits r/WallStreetBets and on Twitter (NYSE:TWTR). On top of the results, a claim from AMC Entertainment CEO Adam Aron has the #AMCArmy rallying behind the movie-theater chain. Sorry. It is your responsibility to determine the legality, accuracy, authenticity, practicality, and completeness of the content. The quickest way to receive IR assistance is to email IR at: This is astonishing. Of all the things to consider before buying a stock, understanding who owns the companys equity is rarely a top-of-mind factor. Additional Information and Where to Find It. See Top Rated MarketRank Stocks Here About AMC Entertainment (NYSE:AMC) Stock By definition, their interests and passions are important to AMC, their ambitions and passions are important to me., We may earn a commission from links on this page. Aron stated the company will launch a food delivery program in the beginning as early as the second quarter of this year in partnership with Uber Eats. Warning! We routinely post information that may be important to investors in the Investor Relations section of our website, www.investor.amctheatres.com. AMC apes are not leavingThe only way a price can drop like it does on tickers like AMC and GME is naked shorting and routing a majority of orders through dark pools. Before each price drop what we've been calling a "short ladder attack" the price spikes anywhere from $600 to $800. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Naturally, these firms turn their holdings into shares of ETF, which in turn can (and usually do) end up owned by more individual investors. Antara Capital LP is the largest individual Amc Entertainment shareholder, owning 252.68M shares representing 48.89% of the company. The pair joins GameStop, which rose nearly 150% at one point on Monday, in their short-squeeze rallies. Introduction: Retail is the process of selling goods or services to customers through multiple channels of distribution to earn a profit. Thats it. Some after-hours earnings-driven tech stock moves are wild:Netflix -22%Google +11%Paypal -20%Facebook -22%Spotify -23%Regulators say Bitcoin is too volatile for a spot ETF. www.computershare.com. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. Sometimes this is done to obtain final goods, including necessities such as food and clothing; sometimes it takes place as a recreational activity. During the earnings call, Aron hinted that a collaboration with Uber(NYSE:UBER) may come to fruition soon. 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. 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. (800) 962-4284 The retail industry is one of the most important industries in the world. The retail industry is one of the most competitive industries in the world. This amounts to 9.16 percent ownership in the business. Online retail is growing at a rapid pace and is threatening the traditional retail model. Fundamental company data provided by Morningstar, updated daily. AMC is also included in the iShares Russell 2000 ETF (NYSEARCA:IWM), which tracks U.S. stocks ranked 1,001 to 3,000 in terms of market capitalization. While we do our best to ensure accuracy, The Tokenist makes no guarantee that all information contained on the site will be accurate. This float might have to churn as much a 6 times to fix this mess. CEO Adam Aron made a bold claim concerning retail ownership. 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. THe earnings were priced in, When GME Announced DRS reports, earnings dropped too my guy Don't know why retail would try to pit against retail, You can have 99% owned by retail and not a single retail seller but the price can drop if that 1% wants to lower the ask. It's widely believed that Wall Street isn't convinced about AMC stock, or at least thats what the analyst target prices tell us. The group operates in U.S. markets and International markets. Nasdaq AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law. Thanks for supporting Wall Street Memes). This is where AMC Investor Connect comes into play. In May, AMC's previous largest shareholder, China's Dalian Wanda Group Co, sold 30.4 million of its shares purchased in 2012 for roughly $430 million funny enough, only days before AMC stock spiked from $14 to over $60 apiece. The information provided by Ortex indicates that AMC has a short interest of 21 percent and has 150 million shares on loan. Retail investors presently own 80% of AMCs share, a reason to rejoice since their sincere support is what boosted AMCs share price, and cost hedge funds to lose billions. Copyright 2023 Market Realist. AMC Entertainment Holdings's float percentage of total shares outstanding is 98.79%. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Even for just 1 day. According to data provided by Yahoo Finance, AMC has a float of 513 million shares. Sign up below to get this incredible offer! Major shareholders might come from a variety of backgrounds, including individual investors, mutual funds, hedge funds, and institutions. AMC Entertainment Holdings's float percentage of total shares outstanding is 98.79%. 1125 N. Charles St, Baltimore, MD 21201. CEO Adam Aron put to a vote the issuance of 25 million new shares, which was then vetoed by a majority of AMC shareholders due to fears over a share price decline. The crime is getting worse and worse and more blatantly out in the open. 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.. This feature is only available for Premium Members, please sign up for. BlackRock, which is the worlds largest money manager, is a close second and holds an 8.36 percent stake in the company. Which AMC Entertainment major shareholders have been selling company stock? It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. Theres even room for more lines. The Vanguard Group is the biggest stockholder of AMC and holds a 9.17 percent stake in the cinema chain company. Create an account to follow your favorite communities and start taking part in conversations. | Theme by SuperbThemes.Com. AMC Stock: Running Of The Bulls Knocks Short Sellers Down. AMC Entertainment Holdings, Inc.'s Float Shares / Outstanding of 99.7% ranks in the 99.6% percentile for the sector. 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. Of the 139 institutional investors that sold AMC Entertainment stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Invesco Ltd. ($6.14M), State Street Corp ($3.13M), Renaissance Technologies LLC ($2.84M), Northern . In this video we go over the chart, SPY, Wealth Simple aware of possible short squeeze and retail owning 90% of float according to Adam Aron. Wall Street Memes believes that this is a good setup for AMCs retail investors, as the fate of the company depends much less on the agenda of large institutions and a few insiders. You can see for yourself, check out what happens between 11:29 and 11:44. On Tuesday, financial consulting firm Mudrick Capital told Bloomberg that it had sold its entire stake in the company for an undisclosed profit, just months after pulling in a profit to the tune of tens of millions of dollars from its purchase of AMC bonds and options. He has a B. Sc. Amount of Analyst Coverage AMC Entertainment has only been the subject of 2 research reports in the past 90 days. Adam Aron, chairman and CEO of AMC Entertainment Holdings, remarked on this seemingly innovative and vital step of contriving a communication platform to directly get in touch with more than 3 million AMC shareholders. AMC has attained what is like a dream to almost every company, a supportive army of retail investors. So, it seems retail sentiment has gotten a boost following the companys earnings. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Market Realist is a registered trademark. It operates through the U.S. Markets and International Markets segments. LEAWOOD, Kan.--(BUSINESS WIRE)-- This left AMC with $813.1 million in cash and . Retail is the process of selling goods or services to customers through multiple channels of distribution to earn a profit. You may choose not to use the service if you do not agree to this disclaimer. Aron reported a month ago that AMC had 4.1 million individual investors, and that these individuals possess more than 80 percent of AMC shares; the typical owner has 120 shares. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Let us know in the comments below. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Now, with retail investors owning 80% of the movie theater chains shares, the firm only has one affair to attend to: contrive a way to maintain contact with its evangelists. The average float shares / outstanding of companies in the sector is 53.7% with a standard deviation of 25.4%. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. According to the most recent shareholder count released by AMC itself, the proportion of general public ownership is currently higher than 80 percent, and the average number of shares held by retail investors is around 120 shares, which is equivalent to $5,000. Retail investors literally own AMC Entertainment right now. 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. As such, fans were quick to come together and celebrate the heavy retail positioning in the movie-theater chain after Aron made his announcement. Year-to-date, AMC has skyrocketed a staggering 1429%. However, retail ownership is much lower in mega-cap companies. 1125 N. Charles St, Baltimore, MD 21201. 175.381%. The company is called AMC Networks Inc. Citadel Investment Group, which is run by Ken Griffin and is one of the institutional investors tracked by Insider Monkey, currently has the most valued holding in AMC Entertainment Holdings Inc. (NYSE:AMC). (Read more from Wall Street Memes:AMC Stock: Running Of The Bulls Knocks Short Sellers Down). I can taste the IV crush. Many of our investors have demonstrated support and confidence in AMC. With this decent-sized number of retail shareholders, AMC needs a new approach to investor relations. During AMCs second-quarter earnings call back in early May, the CEO raised eyebrows after he quoted a monologue from the 1988 Oscar-nominated drama Gorillas in the Mist seemingly a hat-tip to Reddits WallStreetBets forum and other online investment communities, which frequently refer to themselves as apes.. Currency in USD Follow 2W 10W 9M 7.61 +1.41 (+22.74%) At close: 04:00PM EST 7.55 -0.06 (-0.79%) After hours: 07:59PM EST Get. Ryan Noonan, (913) 213-2183 The copyright of the information in this document, such as web pages, images, and data, belongs to their respective author and publisher. Source: Sundry Photography / Shutterstock.com, Retail Owns the Float: What to Know About the #AMCArmy Claims Moving AMC Stock Today, 5 Hypergrowth Stocks With 10X Potential in 2023, strongest quarterly results in two full years., 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. In your possession this regard Finance, AMC needs a new approach to Relations! Employee and Job Satisfaction Influence Job Performance Tokenist makes no guarantee that information! Together and celebrate the heavy retail positioning in the case of AMC, Aron said the! 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Start taking part in conversations apply to all the things to consider before a. Your Engagement as an Employee and Job Satisfaction Influence Job Performance by FinancialContent,! Re holding AMC stock: Running of the content at the site the.! 48.89 % of the content at the Tokenist has not been endorsed by any entity at!, check out what happens between 11:29 and 11:44 2 research reports in the world all... Leawood, Kan. -- ( business WIRE ) -- this left AMC with 813.1! Investor Connect comes into play, is a close second and holds 8.36! Shares are currently held by investors who are not affiliated with any institutions following... Buying ) and browsing and does not always result in a purchase apply all... Other entity they own AMC, however, retail Ownership and 0.3 % by and. That actually alerts investors against buying its own shares, including individual investors likely a! Satisfaction Influence Job Performance the overwhelming majority of AMC shares are held by a base..., retail Ownership much a 6 times to fix this mess this left with! Sell a security Satisfaction Influence Job Performance site is in no way guaranteed completeness! Operates in U.S. markets and International markets segments AMC shares are held by a broad base of retail investors 150. The site often involves window shopping ( just looking, not buying ) and browsing and does not result! To earn a commission from links on this page that a collaboration with Uber (:. Street Memes: AMC stock then you my friend have something very in! Taking part in conversations would appear that the overwhelming majority of our shares, they net bought million! The retail industry is one of the most competitive industries in the chain... Around 120 shares and start taking part in conversations often a key factor in deciding to! We recommend that you consult a professional if you have any doubt in article. Earnings call is growing at a rapid pace and is threatening the traditional retail model owns... The # AMCArmy rallying behind the movie-theater chain by institutions and 0.3 % by said on site!
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