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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 62.52% of SGA shares are held by financial institutions. BANK OF NEW YORK MELLON CORP is the top corporate investor, holding 44.57K shares valued at $994.36K. A 0.74% stake in Saga Communications, Inc. is owned by the company. ROYAL BANK OF CANADA owns 20K shares valued at $447.00K, which translates its holding of 0.33% of the stake in the company.
Among the SGA insiders holding of 24.31% of the stake in company, TOWERVIEW LLC, 10 percent owner, holds the largest shares of 1.16M. EDWARD K. CHRISTIAN TRUST, 10 percent owner, is the second largest SGA insider with ownership of 938.25K shares. GATE CITY CAPITAL MANAGEMENT, LLC, 10 percent owner, stands third with possession of 863.85K shares of that stake.