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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.
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.
About 44.18% of SAVE shares are held by financial institutions. WALLEYE CAPITAL LLC is the top corporate investor, holding 616.35K shares valued at $2.98M. A 0.56% stake in Spirit Airlines, Inc. is owned by the company. CAPSTONE INVESTMENT ADVISORS, LLC owns 940K shares valued at $4.55M, which translates its holding of 0.86% of the stake in the company.
Among the SAVE insiders holding of 0.86% of the stake in company, BALDANZA B BEN, President and CEO, holds the largest shares of 178.17K. CHRISTIE EDWARD M III, President and CEO, is the second largest SAVE insider with ownership of 166.77K shares. CANFIELD THOMAS C, SVP, General Counsel and Sec, stands third with possession of 75.15K shares of that stake.