ADC 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 ADC shares is 597, representing 111.23% of the company's common stock.

NORTHERN TRUST CORP, in the last quarter, reduced its stake in ADC by -16.55% restricting it's holding to 753.25 thousand shares of worth nearly $43.03M. LEGAL & GENERAL GROUP PLC also lessened -0.05% of the ADC shares from its portfolio, reducing its holding to 856.37 thousand shares of worth $48.92M. GW&K INVESTMENT MANAGEMENT, LLC also shunned ADC shares holding by -1.53% last quarter which brought its holding to 1.07 million shares worth $61.12M.

As per its latest 13F filing, ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC increased its stake in ADC by 30.26% in the last quarter. The institutional holder raised its holding to 831.35 thousand shares having worth more than $47.49M. SUMITOMO MITSUI TRUST HOLDINGS, INC. also added 1.39% more shares of ADC to its portfolio, raising its holding to 886.53 thousand shares of worth $50.64M. SCOUT INVESTMENTS, INC. also increased its ADC shares holding by 14.8% which brought its holding to 969.31 thousand shares worth $55.32M.

The insider with the most stakes in ADC is Agree Joey , PRESIDENT & CEO at the company. Additionally, ADC stock is highly held by director RAKOLTA JOHN JR and EXECUTIVE CHAIRMAN OF BOARD AGREE RICHARD among others.

Company executives, directors, and other insiders own 1.76% percent of Agree Realty Corporation's stock. Within the last six months, there have been 0 transaction(s) in which ADC insiders have sold stock, totaling 0 shares. Insiders that have sold shares include ROSSI JEROME R, KALIL FARRIS G., and HERMIZ LAITH.

There have been 2 transaction(s) during the past 6-months in which Agree Realty Corporation insiders have bought stock, totalling 30275 shares

Around 934.39K Agree Realty Corporation shares are held by insiders, which represents about 1.76% of ADC stock.

ADC PRESIDENT & CEO, Agree Joey holds the largest portfolio of the company's shares. ADC shares owned by Agree total nearly 561.4 thousand.

NORTHERN TRUST CORP is the largest institutional owner in ADC which holds 753.25 thousand shares worth $43.03M or 0.75% of the total ADC shares outstanding followed by ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with ownership of 831.35 thousand shares representing 0.83% of the ADC ownership. LEGAL & GENERAL GROUP PLC is the third largest stakeholder with 856.37 thousand shares or 0.85% of the ownership worth more than $48.92M.

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

Number of ADC shares short is 11.49M. 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, 108.58M shares of ADC 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, ADC has 101.38M 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 ADC is 12.78.