ABM Stock Ownership Breakdown

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 ABM shares is 411, representing 94.39% of the company's common stock.

PRINCIPAL FINANCIAL GROUP INC, in the last quarter, reduced its stake in ABM by -4.48% restricting it's holding to 326.36 thousand shares of worth nearly $14.56M. BANK OF AMERICA CORP /DE/ also lessened -45.65% of the ABM shares from its portfolio, reducing its holding to 423.72 thousand shares of worth $18.91M. MILLENNIUM MANAGEMENT LLC also shunned ABM shares holding by -20.04% last quarter which brought its holding to 568.24 thousand shares worth $25.36M.

As per its latest 13F filing, GOODMAN FINANCIAL CORP increased its stake in ABM by 9.57% in the last quarter. The institutional holder raised its holding to 268.26 thousand shares having worth more than $11.97M. HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC also added 2.43% more shares of ABM to its portfolio, raising its holding to 273.58 thousand shares of worth $12.21M. PRUDENTIAL FINANCIAL INC also increased its ABM shares holding by 256.34% which brought its holding to 280.85 thousand shares worth $12.53M.

The insider with the most stakes in ABM is SALMIRS SCOTT B , President and CEO at the company. Additionally, ABM stock is highly held by Executive Vice President MCCLURE JAMES P and EVP & Chief Revenue Officer GIACOBBE SCOTT J among others.

Company executives, directors, and other insiders own 1.39% percent of ABM Industries Incorporated's stock. Within the last six months, there have been 2 transaction(s) in which ABM insiders have sold stock, totaling 31.38K shares. Insiders that have sold shares include CHIN DEAN A, ELLIS EARL RAY, and SALMIRS SCOTT B.

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

Around 63.94K ABM Industries Incorporated shares are held by insiders, which represents about 1.39% of ABM stock.

ABM President and CEO, SALMIRS SCOTT B holds the largest portfolio of the company's shares. ABM shares owned by SALMIRS total nearly 353.39 thousand.

GOODMAN FINANCIAL CORP is the largest institutional owner in ABM which holds 268.26 thousand shares worth $11.97M or 0.42% of the total ABM shares outstanding followed by HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with ownership of 273.58 thousand shares representing 0.43% of the ABM ownership. PRUDENTIAL FINANCIAL INC is the third largest stakeholder with 280.85 thousand shares or 0.44% of the ownership worth more than $12.53M.

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

Number of ABM shares short is 1.02M. 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, 62.20M shares of ABM 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, ABM has 62.02M 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 ABM is 3.39.