MGPI 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 MGPI shares is 328, representing 79.91% of the company's common stock.

PUBLIC SECTOR PENSION INVESTMENT BOARD, in the last quarter, reduced its stake in MGPI by -1.23% restricting it's holding to 32.04 thousand shares of worth nearly $2.76M. BRIDGEWATER ASSOCIATES, LP also lessened -12.85% of the MGPI shares from its portfolio, reducing its holding to 21.39 thousand shares of worth $1.84M. NEW YORK STATE TEACHERS RETIREMENT SYSTEM also shunned MGPI shares holding by -0.48% last quarter which brought its holding to 20.58 thousand shares worth $1.77M.

As per its latest 13F filing, JPMORGAN CHASE & CO increased its stake in MGPI by 50.6% in the last quarter. The institutional holder raised its holding to 47.29 thousand shares having worth more than $4.07M. ALGERT GLOBAL LLC also added 55.43% more shares of MGPI to its portfolio, raising its holding to 39.88 thousand shares of worth $3.44M. CONFLUENCE INVESTMENT MANAGEMENT LLC also increased its MGPI shares holding by 100% which brought its holding to 35.13 thousand shares worth $3.03M.

The insider with the most stakes in MGPI is Lux Donn S. , at the company. Additionally, MGPI stock is highly held by 10 percent owner Luxco 2017 Irrevocable Trust dated June 19, 2017 and 10 percent owner Lux Catherine N. among others.

Company executives, directors, and other insiders own 35.6% percent of MGP Ingredients, Inc.'s stock. Within the last six months, there have been 9 transaction(s) in which MGPI insiders have sold stock, totaling 71.34K shares. Insiders that have sold shares include SEABERG KAREN, MINGUS LORI L.S., and LUX DONN S..

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

Around 2.56M MGP Ingredients, Inc. shares are held by insiders, which represents about 35.6% of MGPI stock.

MGPI , Lux Donn S. holds the largest portfolio of the company's shares. MGPI shares owned by Lux total nearly 2.64 million.

JPMORGAN CHASE & CO is the largest institutional owner in MGPI which holds 47.29 thousand shares worth $4.07M or 0.21% of the total MGPI shares outstanding followed by ALGERT GLOBAL LLC with ownership of 39.88 thousand shares representing 0.18% of the MGPI ownership. CONFLUENCE INVESTMENT MANAGEMENT LLC is the third largest stakeholder with 35.13 thousand shares or 0.16% of the ownership worth more than $3.03M.

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

Number of MGPI shares short is 3.55M. 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, 21.95M shares of MGPI 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, MGPI has 14.11M 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 MGPI is 8.37.