SURG 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 SURG shares is 38, representing 8.73% of the company's common stock.

WOLVERINE TRADING, LLC, in the last quarter, reduced its stake in SURG by -12.23% restricting it's holding to 12.2 thousand shares of worth nearly $46.97K. BAILARD, INC. also lessened -25.52% of the SURG shares from its portfolio, reducing its holding to 48.77 thousand shares of worth $187.76K. NORTHERN TRUST CORP also shunned SURG shares holding by -7.36% last quarter which brought its holding to 39.26 thousand shares worth $151.16K.

As per its latest 13F filing, BANK OF NEW YORK MELLON CORP increased its stake in SURG by 100% in the last quarter. The institutional holder raised its holding to 125 thousand shares having worth more than $481.26K. CETERA INVESTMENT ADVISERS also added 100% more shares of SURG to its portfolio, raising its holding to 12.2 thousand shares of worth $46.97K. MORGAN STANLEY also increased its SURG shares holding by 4,250% which brought its holding to 8.7 thousand shares worth $33.50K.

The insider with the most stakes in SURG is Cox Kevin Brian , CEO and Chairman of Board at the company. Additionally, SURG stock is highly held by PRESIDENT Nuzzo Anthony P. JR and director HINSHAW JUANITA H among others.

Company executives, directors, and other insiders own 31.94% percent of SurgePays, Inc.'s stock. Within the last six months, there have been 14 transaction(s) in which SURG insiders have sold stock, totaling 346.04K shares. Insiders that have sold shares include COX KEVIN BRIAN, EVERS ANTHONY GEORGE, and SCHURFELD RICHARD EARL.

There have been 4 transaction(s) during the past 6-months in which SurgePays, Inc. insiders have bought stock, totalling 7709 shares

Around 30.73M SurgePays, Inc. shares are held by insiders, which represents about 31.94% of SURG stock.

SURG CEO and Chairman of Board, Cox Kevin Brian holds the largest portfolio of the company's shares. SURG shares owned by Cox total nearly 5.77 million.

BANK OF NEW YORK MELLON CORP is the largest institutional owner in SURG which holds 125 thousand shares worth $481.26K or 0.87% of the total SURG shares outstanding followed by WOLVERINE TRADING, LLC with ownership of 12.2 thousand shares representing 0.08% of the SURG ownership. CETERA INVESTMENT ADVISERS is the third largest stakeholder with 12.2 thousand shares or 0.08% of the ownership worth more than $46.97K.

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

Number of SURG shares short is 392.32K. 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, 20.16M shares of SURG 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, SURG has 13.39M 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 SURG is 3.13.