MGM 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 MGM shares is 950, representing 71.89% of the company's common stock.

NEUBERGER BERMAN GROUP LLC, in the last quarter, reduced its stake in MGM by -1.57% restricting it's holding to 334.64 thousand shares of worth nearly $15.80M. ALLIANCEBERNSTEIN L.P. also lessened -9.2% of the MGM shares from its portfolio, reducing its holding to 325.72 thousand shares of worth $15.38M. CREDIT SUISSE AG/ also shunned MGM shares holding by -20.77% last quarter which brought its holding to 322.02 thousand shares worth $15.20M.

As per its latest 13F filing, PRICE T ROWE ASSOCIATES INC /MD/ increased its stake in MGM by 1.07% in the last quarter. The institutional holder raised its holding to 563.44 thousand shares having worth more than $26.60M. PRINCIPAL FINANCIAL GROUP INC also added 1.35% more shares of MGM to its portfolio, raising its holding to 312.83 thousand shares of worth $14.77M. MITSUBISHI UFJ TRUST & BANKING CORP also increased its MGM shares holding by 84.45% which brought its holding to 292.36 thousand shares worth $13.89M.

The insider with the most stakes in MGM is IAC Inc. , at the company. Additionally, MGM stock is highly held by director IAC/InterActiveCorp and director Meister Keith A. among others.

Company executives, directors, and other insiders own 22.72% percent of MGM Resorts International's stock. Within the last six months, there have been 2 transaction(s) in which MGM insiders have sold stock, totaling 55.32K shares. Insiders that have sold shares include MEISTER KEITH A., TAYLOR DANIEL J, and JAMMET MARY CHRIS.

There have been 3 transaction(s) during the past 6-months in which MGM Resorts International insiders have bought stock, totalling 216400 shares

Around 13.54M MGM Resorts International shares are held by insiders, which represents about 22.72% of MGM stock.

MGM , IAC Inc. holds the largest portfolio of the company's shares. MGM shares owned by IAC total nearly 64.72 million.

PRICE T ROWE ASSOCIATES INC /MD/ is the largest institutional owner in MGM which holds 563.44 thousand shares worth $26.60M or 0.17% of the total MGM shares outstanding followed by NEUBERGER BERMAN GROUP LLC with ownership of 334.64 thousand shares representing 0.1% of the MGM ownership. ALLIANCEBERNSTEIN L.P. is the third largest stakeholder with 325.72 thousand shares or 0.1% of the ownership worth more than $15.38M.

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

Number of MGM shares short is 16.12M. 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, 297.74M shares of MGM 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, MGM has 229.79M 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 MGM is 4.14.