SBGI 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 SBGI shares is 222, representing 65.83% of the company's common stock.

CETERA ADVISOR NETWORKS LLC, in the last quarter, reduced its stake in SBGI by -5.59% restricting it's holding to 11.51 thousand shares of worth nearly $155.03K. PEAK6 INVESTMENTS LLC also lessened -43.37% of the SBGI shares from its portfolio, reducing its holding to 45.78 thousand shares of worth $616.63K. GABELLI & CO INVESTMENT ADVISERS, INC. also shunned SBGI shares holding by -0.71% last quarter which brought its holding to 41.75 thousand shares worth $562.37K.

As per its latest 13F filing, CAPITAL MANAGEMENT CORP /VA increased its stake in SBGI by 36.7% in the last quarter. The institutional holder raised its holding to 2.01 million shares having worth more than $27.03M. BALBOA WEALTH PARTNERS also added 4.61% more shares of SBGI to its portfolio, raising its holding to 12.12 thousand shares of worth $163.26K. VERDENCE CAPITAL ADVISORS LLC also increased its SBGI shares holding by 100% which brought its holding to 11.89 thousand shares worth $160.15K.

The insider with the most stakes in SBGI is SMITH J DUNCAN , Secretary at the company. Additionally, SBGI stock is highly held by SMITH ROBERT E and Executive Chairman SMITH DAVID D among others.

Company executives, directors, and other insiders own 13.36% percent of Sinclair Broadcast Group, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which SBGI insiders have sold stock, totaling 0 shares. Insiders that have sold shares include GIBBER DAVID B, FRIEDMAN HOWARD E, and LEWIS JEFFREY EDWARD.

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

Around 0 Sinclair Broadcast Group, Inc. shares are held by insiders, which represents about 13.36% of SBGI stock.

SBGI Secretary, SMITH J DUNCAN holds the largest portfolio of the company's shares. SBGI shares owned by SMITH total nearly 6.4 million.

CAPITAL MANAGEMENT CORP /VA is the largest institutional owner in SBGI which holds 2.01 million shares worth $27.03M or 3.13% of the total SBGI shares outstanding followed by BALBOA WEALTH PARTNERS with ownership of 12.12 thousand shares representing 0.02% of the SBGI ownership. VERDENCE CAPITAL ADVISORS LLC is the third largest stakeholder with 11.89 thousand shares or 0.02% of the ownership worth more than $160.15K.

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

Number of SBGI shares short is 2.23M. 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, 42.65M shares of SBGI 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, SBGI has 34.03M 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 SBGI is 9.44.