MCY 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 MCY shares is 369, representing 44.17% of the company's common stock.

CAPULA MANAGEMENT LTD, in the last quarter, reduced its stake in MCY by -23.47% restricting it's holding to 21.06 thousand shares of worth nearly $1.09M. ENSIGN PEAK ADVISORS, INC also lessened -4.8% of the MCY shares from its portfolio, reducing its holding to 20.22 thousand shares of worth $1.04M. CITIGROUP INC also shunned MCY shares holding by -3.65% last quarter which brought its holding to 17.34 thousand shares worth $894.49K.

As per its latest 13F filing, CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. increased its stake in MCY by 31.6% in the last quarter. The institutional holder raised its holding to 42.04 thousand shares having worth more than $2.17M. TREXQUANT INVESTMENT LP also added 57.4% more shares of MCY to its portfolio, raising its holding to 17.87 thousand shares of worth $921.99K. SEI INVESTMENTS CO also increased its MCY shares holding by 132.69% which brought its holding to 17.56 thousand shares worth $906.14M.

The insider with the most stakes in MCY is JOSEPH GEORGE , Chairman of the Board at the company. Additionally, MCY stock is highly held by director CURTIUS MIKE and Senior VP-IT Lubitz Allan among others.

Company executives, directors, and other insiders own 52.11% percent of Mercury General Corporation's stock. Within the last six months, there have been 3 transaction(s) in which MCY insiders have sold stock, totaling 18.58K shares. Insiders that have sold shares include TIRADOR GABRIEL, SULLIVAN HEIDI C., and JOSEPH GEORGE.

There have been 1 transaction(s) during the past 6-months in which Mercury General Corporation insiders have bought stock, totalling 55 shares

Around 680 Mercury General Corporation shares are held by insiders, which represents about 52.11% of MCY stock.

MCY Chairman of the Board, JOSEPH GEORGE holds the largest portfolio of the company's shares. MCY shares owned by JOSEPH total nearly 19.57 million.

CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. is the largest institutional owner in MCY which holds 42.04 thousand shares worth $2.17M or 0.08% of the total MCY shares outstanding followed by CAPULA MANAGEMENT LTD with ownership of 21.06 thousand shares representing 0.04% of the MCY ownership. ENSIGN PEAK ADVISORS, INC is the third largest stakeholder with 20.22 thousand shares or 0.04% of the ownership worth more than $1.04M.

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

Number of MCY shares short is 1.74M. 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, 55.37M shares of MCY 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, MCY has 26.55M 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 MCY is 2.42.