MCBC 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 MCBC shares is 153, representing 43.25% of the company's common stock.

BLACKROCK INC., in the last quarter, reduced its stake in MCBC by -3.73% restricting it's holding to 1.7 million shares of worth nearly $16.65M. VANGUARD GROUP INC also lessened -8.89% of the MCBC shares from its portfolio, reducing its holding to 1.47 million shares of worth $14.41M. WELL DONE, LLC also shunned MCBC shares holding by -1.09% last quarter which brought its holding to 90.25 thousand shares worth $883.57K.

As per its latest 13F filing, WELLS FARGO & COMPANY/MN increased its stake in MCBC by 17.53% in the last quarter. The institutional holder raised its holding to 10.52 thousand shares having worth more than $102.94K. DIMENSIONAL FUND ADVISORS LP also added 0.16% more shares of MCBC to its portfolio, raising its holding to 1.56 million shares of worth $15.30M. RENAISSANCE TECHNOLOGIES LLC also increased its MCBC shares holding by 3.31% which brought its holding to 935.95 thousand shares worth $9.16M.

The insider with the most stakes in MCBC is White Bay Capital, LLLP , 10 percent owner at the company. Additionally, MCBC stock is highly held by director POSTMA RICHARD L and CEO and President HAAN RONALD L among others.

Company executives, directors, and other insiders own 24.19% percent of Macatawa Bank Corporation's stock. Within the last six months, there have been 0 transaction(s) in which MCBC insiders have sold stock, totaling 0 shares. Insiders that have sold shares include GEENEN CHARLES A., WALCOTT JILL A, and HERR ROBERT L.

There have been 0 transaction(s) during the past 6-months in which Macatawa Bank Corporation insiders have bought stock, totalling 0 shares

Around 0 Macatawa Bank Corporation shares are held by insiders, which represents about 24.19% of MCBC stock.

MCBC 10 percent owner, White Bay Capital, LLLP holds the largest portfolio of the company's shares. MCBC shares owned by White total nearly 5.31 million.

BLACKROCK INC. is the largest institutional owner in MCBC which holds 1.7 million shares worth $16.65M or 4.95% of the total MCBC shares outstanding followed by WELLS FARGO & COMPANY/MN with ownership of 10.52 thousand shares representing 0.03% of the MCBC ownership. VOISARD ASSET MANAGEMENT GROUP, INC. is the third largest stakeholder with 9.97 thousand shares or 0.03% of the ownership worth more than $97.58K.

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

Number of MCBC shares short is 159.65K. 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, 34.36M shares of MCBC 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, MCBC has 31.36M 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 MCBC is 0.87.