SAVE 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 SAVE
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 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.
SAVE Insiders
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.
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 SAVE shares is 246, representing 44.18% of the company's common stock.
NORTHERN TRUST CORP, in the last quarter, reduced its stake in SAVE by -4.28% restricting it's holding to 920.36 thousand shares of worth nearly $4.45M. CHARLES SCHWAB INVESTMENT MANAGEMENT INC also lessened -23.91% of the SAVE shares from its portfolio, reducing its holding to 804.49 thousand shares of worth $3.89M. WALLEYE TRADING LLC also shunned SAVE shares holding by -34.35% last quarter which brought its holding to 666.8 thousand shares worth $3.23M.
As per its latest 13F filing, WALLEYE CAPITAL LLC increased its stake in SAVE by 100% in the last quarter. The institutional holder raised its holding to 616.35 thousand shares having worth more than $2.98M. CAPSTONE INVESTMENT ADVISORS, LLC also added 216.29% more shares of SAVE to its portfolio, raising its holding to 940 thousand shares of worth $4.55M. SQUAREPOINT OPS LLC also increased its SAVE shares holding by 1,933.95% which brought its holding to 804.79 thousand shares worth $3.90M.
The insider with the most stakes in SAVE is BALDANZA B BEN , President and CEO at the company. Additionally, SAVE stock is highly held by President and CEO Christie Edward M III and SVP, General Counsel and Sec Canfield Thomas C among others.
Company executives, directors, and other insiders own 0.86% percent of Spirit Airlines, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which SAVE insiders have sold stock, totaling 0 shares. Insiders that have sold shares include WIGGINS ROCKY, VANIER KEVIN BLAKE, and CANFIELD THOMAS C.
There have been 0 transaction(s) during the past 6-months in which Spirit Airlines, Inc. insiders have bought stock, totalling 0 shares
Around 0 Spirit Airlines, Inc. shares are held by insiders, which represents about 0.86% of SAVE stock.
SAVE President and CEO, BALDANZA B BEN holds the largest portfolio of the company's shares. SAVE shares owned by BALDANZA total nearly 178.17 thousand.
WALLEYE CAPITAL LLC is the largest institutional owner in SAVE which holds 616.35 thousand shares worth $2.98M or 0.56% of the total SAVE shares outstanding followed by CAPSTONE INVESTMENT ADVISORS, LLC with ownership of 940 thousand shares representing 0.86% of the SAVE ownership. NORTHERN TRUST CORP is the third largest stakeholder with 920.36 thousand shares or 0.84% of the ownership worth more than $4.45M.
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 SAVE is concerned, it is a stock which is not optionable.
Number of SAVE shares short is 37.50M. 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, 109.52M shares of SAVE 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, SAVE has 108.73M 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 SAVE is 1.98.