MODG Stock Outstanding Shares
Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Market Insider MODG
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
Institutional Ownership
About 89.74% of MODG shares are held by financial institutions. PUBLIC SECTOR PENSION INVESTMENT BOARD is the top corporate investor, holding 291.22K shares valued at $4.71M. A 0.16% stake in Topgolf Callaway Brands Corp. is owned by the company. LPL FINANCIAL LLC owns 210.63K shares valued at $3.41M, which translates its holding of 0.11% of the stake in the company.
MODG Insiders
Among the MODG insiders holding of 11.85% of the stake in company, ANDERSON ERIK J, director, holds the largest shares of 760.46K. BREWER OLIVER G III, President and CEO, is the second largest MODG insider with ownership of 611.16K shares. LYNCH BRIAN P., EVP, CFO, stands third with possession of 105.67K shares of that stake.
Buying/Selling by Insiders
Frequently Asked Questions
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 MODG shares is 398, representing 89.74% of the company's common stock.
PUBLIC SECTOR PENSION INVESTMENT BOARD, in the last quarter, reduced its stake in MODG by -1.22% restricting it's holding to 291.22 thousand shares of worth nearly $4.71M. ALLIANCEBERNSTEIN L.P. also lessened -1.24% of the MODG shares from its portfolio, reducing its holding to 174.82 thousand shares of worth $2.83M. NEW YORK STATE COMMON RETIREMENT FUND also shunned MODG shares holding by -0.12% last quarter which brought its holding to 166.5 thousand shares worth $2.69M.
As per its latest 13F filing, LPL FINANCIAL LLC increased its stake in MODG by 24.05% in the last quarter. The institutional holder raised its holding to 210.63 thousand shares having worth more than $3.41M. CREDIT SUISSE AG/ also added 0.79% more shares of MODG to its portfolio, raising its holding to 208.29 thousand shares of worth $3.37M. QUBE RESEARCH & TECHNOLOGIES LTD also increased its MODG shares holding by 100% which brought its holding to 201.98 thousand shares worth $3.27M.
The insider with the most stakes in MODG is ANDERSON ERIK J , director at the company. Additionally, MODG stock is highly held by President and CEO BREWER OLIVER G III and EVP, CFO Lynch Brian P. among others.
Company executives, directors, and other insiders own 11.85% percent of Topgolf Callaway Brands Corp.'s stock. Within the last six months, there have been 0 transaction(s) in which MODG insiders have sold stock, totaling 0 shares. Insiders that have sold shares include ANDERSON ERIK J and THOMAS JENNIFER L..
There have been 0 transaction(s) during the past 6-months in which Topgolf Callaway Brands Corp. insiders have bought stock, totalling 0 shares
Around 0 Topgolf Callaway Brands Corp. shares are held by insiders, which represents about 11.85% of MODG stock.
MODG director, ANDERSON ERIK J holds the largest portfolio of the company's shares. MODG shares owned by ANDERSON total nearly 760.46 thousand.
PUBLIC SECTOR PENSION INVESTMENT BOARD is the largest institutional owner in MODG which holds 291.22 thousand shares worth $4.71M or 0.16% of the total MODG shares outstanding followed by LPL FINANCIAL LLC with ownership of 210.63 thousand shares representing 0.11% of the MODG ownership. CREDIT SUISSE AG/ is the third largest stakeholder with 208.29 thousand shares or 0.11% of the ownership worth more than $3.37M.
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 MODG is concerned, it is a stock which is optionable.
Number of MODG shares short is 15.67M. 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, 183.82M shares of MODG 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, MODG has 140.68M 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 MODG is 6.61.