911,144. Even for just 1 day. The company is called AMC Networks Inc. Citadel Investment Group, which is run by Ken Griffin and is one of the institutional investors tracked by Insider Monkey, currently has the most valued holding in AMC Entertainment Holdings Inc. (NYSE:AMC). H/T: @krugermacro. Gurus may be added or dropped from the GuruFocus site at any time. Heres what else investors should know about AMC stock today. All Rights Reserved. Were nearly halfway through the year and it looks like the meme stocks havent ended their run just yet: As of Wednesday, shares of movie theater chain AMC Entertainment were up as much as 3,200 on the heels of a newly launched initiative to provide free popcorn to shareholders. That was slightly above consensus estimates of $1.16 billion. The Leading Ten Shareholders of AMC Entertainment Holdings, Inc. During their results call, AMC revealed that individual investors hold 90 percent of the companys stock. Why would I want to ape into something that's 90% owned by retards? AMC Entertainment Holdings's float percentage of total shares outstanding is 99.64%. Do you think the AMC Investor Connect solution can be beneficial in maintaining the investors interest in the firm? Latest AMC Entertainment Holdings Inc News and Updates. During the earnings call, Aron stated the following: If you exclude index funds who have no choice, but to own and hold AMC shares, individual retail investors would seem to own more than 90% of our officially issued 516 million shares as of today. Save my name, email, and website in this browser for the next time I comment. Only PremiumPlus Member can access this feature. Shopping generally refers to the act of buying products. AMC Investor Connect will put our Company in direct communication with a retail investor shareholder base that owned more than 80% of AMC at last count. This is how it should work, but doubt that it is the case in practice. InvestorRelations@amctheatres.com, Transfer Agent The majority of AMC stock is held by individual retail investors, or, to use a more colloquial term, the AMC ape community. Currently, Wanda owns only 10,000 shares, representing a small $420,000 in market value. More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. They are often considered to be the "little guy" in the investing world, and they play an important role in the markets. AMC jumped 26% on Monday and 12% on Tuesday, and is now up 466% this week. Short-sellers borrow shares of a company and then sell them in the market in the hopes of driving down the price of the companys security. These individual investors likely own a majority of our shares, they own AMC, Aron said on the earnings call. AMC Entertainment Holdings, Inc.'s Float Shares / Outstanding of 99.7% ranks in the 99.6% percentile for the sector. Introduction: Retail is the process of selling goods or services to customers through multiple channels of distribution to earn a profit. Please consult our. The group operates in U.S. markets and International markets. Computershare AMC stock is owned, by and large, by retail investors roughly speaking, the AMC ape community. For now, investors should consider waiting it out before buying AMC stock. The FAANG pack has looked weak with Meta Platforms and Netflix falling to 52-week lows. As such, fans were quick to come together and celebrate the heavy retail positioning in the movie-theater chain after Aron made his announcement. The float was over 16 feet (4.9 meters) tall and replicated a movie theatre . The theme of AMC's 55 foot (16.8 meters) long float was an extension of its national advertising campaign, "We Make Movies Better.". As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. 11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211. Such investors are encouraged to reach out to their brokers in the latter part of June or early in July if these materials have not yet been received from their brokers. It is quite uncommon for any publicly traded corporation to have such a large percentage of its stock held by individual retail investors. Your email address will not be published. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. Should one or more of these risks, trends, uncertainties or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Vice President, Investor Relations Even as AMCs stock price soared, hedge fund investors and short sellers were calling its bluff, cautioning that the companys shares were massively overvalued. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. AMC Entertainment Holdings, Inc. Thats it. Wall Street Memes believes that this is a good setup for AMCs retail investors, as the fate of the company depends much less on the agenda of large institutions and a few insiders. Stock quotes provided by InterActive Data. John Merriwether, 866-248-3872 Retail companies must also be able to effectively manage their supply chains and logistics in order to keep costs down and deliver goods and services on time. All rights reserved. Its a story that makes institutional investors hair stand on end. The institutional ownership structure of AMC Entertainment Holdings Inc (US:AMC) reveals current stakes held in the firm by institutions and funds, as well as the most recent changes in the size of such positions. Float Percentage Of Total Shares Outstanding, EPS Growth Rate (Future 3Y To 5Y Estimate), Total Revenue Growth Rate (Future 3Y To 5Y Est), Net Income Including Noncontrolling Interests, Accounts Payable & Accrued Expense for Financial Companies, Accumulated other comprehensive income (loss), Cash, Cash Equivalents, Marketable Securities, Long-Term Debt & Capital Lease Obligation, Other Liabilities for Insurance Companies, Short-Term Debt & Capital Lease Obligation, Cash From Discontinued Investing Activities, Cash from Discontinued Operating Activities, Cash Payments for Deposits by Banks and Customers, Cash Receipts from Deposits by Banks and Customers, Cash Receipts from Securities Related Activities, Other Cash Payments from Operating Activities, Other Cash Receipts from Operating Activities, Payments to Suppliers for Goods and Services, AMC Entertainment Holdings, Inc. Press J to jump to the feed. To the minute. This document is automatically generated based on public content on the Internet captured by Machine Learning Platform for AI. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. TURN OFF THE FUCKIN DARK POOLS GARY! We routinely post information that may be important to investors in the Investor Relations section of our website, www.investor.amctheatres.com. AMC's shares held short totaled 94.6 million on May 14, which equated to about 21% of its float. According to data provided by Yahoo Finance, AMC has a float of 513 million shares. Warning! Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. In the fourth quarter of 2021, institutional investors were net buyers of 15.8 million AMC shares and increased their ownership by 9.8 percent. While it may seem out of sync with the data, there's merit in it. For a detailed discussion of risks, trends and uncertainties facing AMC, see the section entitled Risk Factors in the Companys 2021 Form 10-K filed with the SEC, and the risks, trends and uncertainties identified in its other public filings. All opinions expressed here are the authors and not of any other entity. Source: Sundry Photography / Shutterstock.com, Retail Owns the Float: What to Know About the #AMCArmy Claims Moving AMC Stock Today, 5 Hypergrowth Stocks With 10X Potential in 2023, strongest quarterly results in two full years., 7 Smart Stock Picks for Cautious Investors, Louis Navellier and the InvestorPlace Research Staff, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Cathie Wood Is Betting Big on These 5 AI Stocks, Dear MULN Stock Fans, Mark Your Calendars for March 7. You can manage your stock email alerts here. Thats literally how it works. Amc Massive Downside Possible If Proposals Succeed, Goldman's surging 'Most Short' portfolio reveals what's driving market rally here's what's in it, AMC won't be free cashflow positive until 2024 at earliest: Analyst, AMC Entertainment Holdings, Inc. (AMC) Is a Trending Stock: Facts to Know Before Betting on It, Meme-stock groups have raised $5bn in 2 years since trading frenzy, $AMC - AMC Entertainment: Unlikely To Survive 2023, Even If Movie Ticket Sales Fully Recover., B.Riley Financial Keeps Their Hold Rating on AMC Entertainment (AMC), ETF in Focus on Meme Stock Mania's Two-Year Anniversary, $AMC - AMC Entertainment: Let's Give 2023 A Chance. Aron further continued to say that despite the substantial size of shareholders, their effort to build relationships will continue: During my five-plus year tenure as CEO at AMC, Ive taken great pride in the relationships I have forged with AMCs owners. Look like about 47% to 52%.. he got quiet I said what.. he said unless it's a mega cap or blue chip I don't think I've ever seen this. This left AMC with $813.1 million in cash and . Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC or the Company) is today providing the following information: 1 Information as reported to AMC by brokers through their proxy intermediaries, Commenting about the share count, AMC President and CEO Adam Aron said, The number of investors who want to own a part of AMC continues to increase and now stands at approximately 4.1 million. LEAWOOD, Kan.--(BUSINESS WIRE)-- Of that total, about 74% is owned by the public, 25% by institutions, and less than 1% by insiders (. AMC, for its part, seems unperturbed by the lack of institutional support; in fact, its entire strategy as of late seems predicated upon attracting the support of the same Average Joe investors that sent share prices skyrocketing from $4.95 to $20.36 overnight in January 2021. Year-to-date, AMC has skyrocketed a staggering 1429%. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 950 theatres and 10,500 screens across the globe. AMC has been successfully added to your Stock Email Alerts list. All currency related amount are indicated in the company's associated stock exchange currency. One loyal Twitter user noted: Time to recalibrate your minds and let that sink in, You have more power and control than you think, Watch movies @ #AMCTheatres + buy $AMC products + think of the stock as a savings account, BAM Investor (@BAMinvestor) March 2, 2022. State Street Corporation, Geode Capital Management, and Northern Trust Management make up the other top three AMC stockholders in that order. $9,099. Click here to check it out. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. I Saw Jonathan Frakes Giving Patrick Stewart a Noogie, The 2023 Complete Python Certification Bootcamp Bundle, AMCs health was dependent on the support. We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last.. Nothing shared by The Tokenist should be considered investment advice. I work for them. Comes with twelve different courses comprised of a huge number of lessons, and each one will help you learn more about Python itself, and can be accessed when you want and as often as you want forever, making it ideal for learning a new skill. Learn and experience the power of Alibaba Cloud. Additional Information and Where to Find It. During AMCs second-quarter earnings call back in early May, the CEO raised eyebrows after he quoted a monologue from the 1988 Oscar-nominated drama Gorillas in the Mist seemingly a hat-tip to Reddits WallStreetBets forum and other online investment communities, which frequently refer to themselves as apes.. The retail industry is facing a number of challenges. It owns, operates or has interests in theatres located in the United States and Europe. All information shared on The Tokenist, including its associated social media channels, is provided for informational purposes only. He doesn't know how it works. Insider selling tells us a different picture and even Aron offloaded some AMC shares in 2021. It operates through the U.S. Markets and International Markets segments. Naturally, these firms turn their holdings into shares of ETF, which in turn can (and usually do) end up owned by more individual investors. The crime is getting worse and worse and more blatantly out in the open. $AMC CEO: "If you exclude index funds who have no choice but to own and hold AMC shares, individual retail investors would seem to own more than 90% of our officially issued 516 million shares as of today.". To the extent the holdings of the Companys securities by the Companys directors and executive officers have changed since the amounts set forth in the Companys 2021 Form 10-K, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. https://www.businesswire.com/news/home/20210609005827/en/, INVESTOR RELATIONS: Of the total, about 74% is owned by the public, 25% by institutions and 0.3% by insiders directors, company's officers, and those with access to company information before it becomes public. AMC Networks Inc. is a multinational media and entertainment corporation with its headquarters in New York City at 11 Penn Plaza. However, a companys fundamentals ultimately drive its stock price in the long term. Head researcher and portfolio strategist of independent firm DM Martins Research. Required fields are marked *. According to data compiled by Fidelity, 34.4 percent of AMCs outstanding float of 516 million is held by institutions.

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