Individual investors hold 55% ownership in AMC Entertainment Holdings, making them the largest group of shareholders. Institutional ownership is at 38%. Both groups suffered losses after the stock price decreased by 9.6% last week. The Vanguard Group and BlackRock are the largest institutional shareholders with 9.9% and 6.8% ownership, respectively.
Title: AMC Entertainment Stock: Individual and Institutional Ownership Shares and Recent Performance
AMC Entertainment Holdings (AMC) has seen a significant shift in its shareholder composition, with individual investors now holding the largest stake at 55%. This is followed by institutional ownership, which stands at 38%. The stock price has been volatile, experiencing a 9.6% drop last week. The largest institutional shareholders are The Vanguard Group and BlackRock, with 9.9% and 6.8% ownership, respectively [3].
The stock's recent performance has been a point of interest for investors. AMC Entertainment's stock has climbed by 5.86% in the past month, outperforming the Consumer Discretionary sector's gain of 2.32% and the S&P 500's gain of 4.93% [1]. However, the stock faced a 4.31% decrease in the latest close session, lagging the S&P 500's 0.02% gain on the day [1].
Investors are eagerly awaiting AMC's upcoming earnings disclosure, with analysts projecting an EPS of -$0.02, marking a 95.35% rise compared to the same quarter of the previous year. The Zacks Consensus Estimate for revenue is projecting net sales of $1.36 billion, up 31.81% from the year-ago period [1]. For the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.57 per share and a revenue of $4.93 billion, indicating changes of +55.47% and +6.23%, respectively, from the former year [1].
The Zacks Rank for AMC Entertainment is currently #3 (Hold), indicating a neutral outlook from analysts. The Leisure and Recreation Services industry, of which AMC is a part, has a Zacks Industry Rank of 173, placing it in the bottom 30% of all 250+ industries [1].
Institutional ownership, particularly from large investors like The Vanguard Group and BlackRock, plays a crucial role in AMC's stock performance. The Vanguard Group, for instance, has a significant position in Qualcomm Incorporated, indicating a potential influence on AMC's stock [3]. This ownership structure suggests that institutional investors are optimistic about AMC's prospects.
As investors continue to watch AMC's earnings disclosure and market performance, the company's stock volatility may remain a key factor. Understanding the dynamics of individual and institutional ownership can provide valuable insights into potential future movements in the stock price.
References:
1. [1] https://finance.yahoo.com/news/amc-entertainment-amc-stock-drops-214504869.html
2. [2] https://finance.yahoo.com/news/89-institutional-ownership-mastercard-incorporated-130029032.html
3. [3] https://www.marketscreener.com/news/form-8-3-the-vanguard-group-inc-qualcomm-incorporated-ce7c5fd8df8cf421
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