BLZE 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 BLZE shares is 142, representing 33.08% of the company's common stock.

BARCLAYS PLC, in the last quarter, reduced its stake in BLZE by -23.68% restricting it's holding to 51.45 thousand shares of worth nearly $526.00K. BALYASNY ASSET MANAGEMENT L.P. also lessened -23.85% of the BLZE shares from its portfolio, reducing its holding to 28.82 thousand shares of worth $294.79K. VICTORY CAPITAL MANAGEMENT INC also shunned BLZE shares holding by -0.69% last quarter which brought its holding to 27.47 thousand shares worth $281.02K.

As per its latest 13F filing, CUBIST SYSTEMATIC STRATEGIES, LLC increased its stake in BLZE by 86.03% in the last quarter. The institutional holder raised its holding to 89.33 thousand shares having worth more than $913.86K. CITADEL ADVISORS LLC also added 171.93% more shares of BLZE to its portfolio, raising its holding to 62 thousand shares of worth $634.26K. SCHONFELD STRATEGIC ADVISORS LLC also increased its BLZE shares holding by 235.67% which brought its holding to 58.96 thousand shares worth $603.19K.

The insider with the most stakes in BLZE is TMT INVESTMENTS PLC , 10 percent owner at the company. Additionally, BLZE stock is highly held by CEO and Chairperson Budman Gleb and director Nufire Timothy M among others.

Company executives, directors, and other insiders own 20.21% percent of Backblaze, Inc.'s stock. Within the last six months, there have been 13 transaction(s) in which BLZE insiders have sold stock, totaling 80.77K shares. Insiders that have sold shares include BUDMAN GLEB, CESSNA TINA, and PATCHEL FRANCIS P.

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

Around 8.8M Backblaze, Inc. shares are held by insiders, which represents about 20.21% of BLZE stock.

BLZE 10 percent owner, TMT INVESTMENTS PLC holds the largest portfolio of the company's shares. BLZE shares owned by TMT total nearly 3.59 million.

CUBIST SYSTEMATIC STRATEGIES, LLC is the largest institutional owner in BLZE which holds 89.33 thousand shares worth $913.86K or 0.25% of the total BLZE shares outstanding followed by CITADEL ADVISORS LLC with ownership of 62 thousand shares representing 0.17% of the BLZE ownership. SCHONFELD STRATEGIC ADVISORS LLC is the third largest stakeholder with 58.96 thousand shares or 0.16% of the ownership worth more than $603.19K.

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

Number of BLZE shares short is 728.89K. 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, 51.59M shares of BLZE 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, BLZE has 38.83M 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 BLZE is 2.2.