CRNC 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 CRNC shares is 234, representing 83.41% of the company's common stock.

GOLDMAN SACHS GROUP INC, in the last quarter, reduced its stake in CRNC by -43.61% restricting it's holding to 158.49 thousand shares of worth nearly $2.50M. BANK OF AMERICA CORP /DE/ also lessened -26.24% of the CRNC shares from its portfolio, reducing its holding to 72.2 thousand shares of worth $1.14M. MILLENNIUM MANAGEMENT LLC also shunned CRNC shares holding by -84.81% last quarter which brought its holding to 71.2 thousand shares worth $1.12M.

As per its latest 13F filing, LEGACY ADVISORS, LLC increased its stake in CRNC by 31.58% in the last quarter. The institutional holder raised its holding to 31.98 thousand shares having worth more than $503.64K. GSA CAPITAL PARTNERS LLP also added 51.84% more shares of CRNC to its portfolio, raising its holding to 30.27 thousand shares of worth $477.00K. BLACKROCK INC. also increased its CRNC shares holding by 1.86% which brought its holding to 6.98 million shares worth $109.89M.

The insider with the most stakes in CRNC is Ortmanns Stefan , Chief Executive Officer at the company. Additionally, CRNC stock is highly held by EVP Chief Admin Officer Salinas Jennifer and Chief Executive Officer Dhawan Sanjay among others.

Company executives, directors, and other insiders own 5.74% percent of Cerence Inc.'s stock. Within the last six months, there have been 16 transaction(s) in which CRNC insiders have sold stock, totaling 146.09K shares. Insiders that have sold shares include BEAUDOIN THOMAS L, SALINAS JENNIFER, and ROMAN KATHERINE.

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

Around 3.84M Cerence Inc. shares are held by insiders, which represents about 5.74% of CRNC stock.

CRNC Chief Executive Officer, Ortmanns Stefan holds the largest portfolio of the company's shares. CRNC shares owned by Ortmanns total nearly 511.6 thousand.

GOLDMAN SACHS GROUP INC is the largest institutional owner in CRNC which holds 158.49 thousand shares worth $2.50M or 0.38% of the total CRNC shares outstanding followed by LEGACY ADVISORS, LLC with ownership of 31.98 thousand shares representing 0.08% of the CRNC ownership. GSA CAPITAL PARTNERS LLP is the third largest stakeholder with 30.27 thousand shares or 0.07% of the ownership worth more than $477.00K.

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

Number of CRNC shares short is 6.56M. 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, 42.99M shares of CRNC 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, CRNC has 40.24M 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 CRNC is 3.71.