PINC 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 PINC shares is 384, representing 86.52% of the company's common stock.

BRIDGEWATER ASSOCIATES, LP, in the last quarter, reduced its stake in PINC by -14.31% restricting it's holding to 110.22 thousand shares of worth nearly $2.44M. STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM also lessened -0.6% of the PINC shares from its portfolio, reducing its holding to 108.38 thousand shares of worth $3.51M. GEODE CAPITAL MANAGEMENT, LLC also shunned PINC shares holding by -9.53% last quarter which brought its holding to 1.98 million shares worth $43.73M.

As per its latest 13F filing, WELLINGTON MANAGEMENT GROUP LLP increased its stake in PINC by 5.25% in the last quarter. The institutional holder raised its holding to 232.39 thousand shares having worth more than $5.14M. ALASKA PERMANENT FUND CORP also added 17.78% more shares of PINC to its portfolio, raising its holding to 110.67 thousand shares of worth $2.45M. DIMENSIONAL FUND ADVISORS LP also increased its PINC shares holding by 25.69% which brought its holding to 5.18 million shares worth $114.43M.

The insider with the most stakes in PINC is Alkire Michael J. , President & CEO at the company. Additionally, PINC stock is highly held by President & CEO DeVore Susan D. and CAO & CFO McKasson Craig S. among others.

Company executives, directors, and other insiders own 1.03% percent of Premier, Inc.'s stock. Within the last six months, there have been 18 transaction(s) in which PINC insiders have sold stock, totaling 196.97K shares. Insiders that have sold shares include BOUDREAU HELEN M, ANDERSON LEIGH, and ALKIRE MICHAEL J..

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

Around 5.04M Premier, Inc. shares are held by insiders, which represents about 1.03% of PINC stock.

PINC President & CEO, Alkire Michael J. holds the largest portfolio of the company's shares. PINC shares owned by Alkire total nearly 502.35 thousand.

WELLINGTON MANAGEMENT GROUP LLP is the largest institutional owner in PINC which holds 232.39 thousand shares worth $5.14M or 0.19% of the total PINC shares outstanding followed by ALASKA PERMANENT FUND CORP with ownership of 110.67 thousand shares representing 0.09% of the PINC ownership. BRIDGEWATER ASSOCIATES, LP is the third largest stakeholder with 110.22 thousand shares or 0.09% of the ownership worth more than $2.44M.

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

Number of PINC shares short is 9.47M. 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, 96.11M shares of PINC 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, PINC has 94.84M 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 PINC is 6.34.