Retail investors presently own 80% of AMCs share, a reason to rejoice since their sincere support is what boosted AMCs share price, and cost hedge funds to lose billions. It's widely believed that Wall Street isn't convinced about AMC stock, or at least thats what the analyst target prices tell us. Advertising Disclosure: Some offers on this page may promote affiliates, which means The Tokenist earns a commission if you purchase products or services through the links provided. AMC is also included in the iShares Russell 2000 ETF (NYSEARCA:IWM), which tracks U.S. stocks ranked 1,001 to 3,000 in terms of market capitalization. As of June 2, there were approximately 4.1 million. Disclaimers: GuruFocus.com is not operated by a broker or a dealer. everything that matters in the new era of finance. Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. Nasdaq As per AMC's investor relations report: More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. According to data from AMC Networks, as of December 31, 2019, approximately 61.8% of AMC's float was owned by retail investors. He writes for InvestorPlaces Todays Market team, which centers on the latest news involving popular stocks. The Company and its directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the Companys stockholders in connection with the business to be conducted at the Annual Meeting. During the fourth-quarter earnings call, Aron said that more than 90 percent of AMC is owned by retail investors. However, retail ownership is much lower in mega-cap companies. Price moving up and down for fun in a low liquidity environment is the best thing ever. Adam Aron, chairman and CEO of AMC Entertainment Holdings, remarked on this seemingly innovative and vital step of contriving a communication platform to directly get in touch with more than 3 million AMC shareholders. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. It is responsible for the sale of goods and services to consumers. It operates through the U.S. Markets and International Markets segments. These individual investors likely own a majority of our shares, they own AMC, Aron said on the earnings call. So, it seems retail sentiment has gotten a boost following the companys earnings. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Look at % of institutional holding AMC. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. This amounts to 9.16 percent ownership in the business. . CEO Adam Aron made a bold claim concerning retail ownership. The float was over 16 feet (4.9 meters) tall and replicated a movie theatre . Article printed from InvestorPlace Media, https://investorplace.com/2022/03/retail-owns-the-float-what-to-know-about-the-amcarmy-claims-moving-amc-stock-today/. AMC has around 18% of its float shares sold short, versus about 5% for an average U.S. stock, according to data from S3 Partners. Currency in USD Follow 2W 10W 9M 7.61 +1.41 (+22.74%) At close: 04:00PM EST 7.55 -0.06 (-0.79%) After hours: 07:59PM EST Get. For additional information, please review our full advertising disclosure. AMC Entertainment Holdings's total shares outstanding is 517.58 Mil. While it may seem out of sync with the data, there's merit in it. It has been more than a year since the meme stock mania gripped Wall Street. Learn and experience the power of Alibaba Cloud. but I would assume over 2 billion shares of AMC do exist and that does not even include institutions and insider shares. The number is roughly 4 million holders. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. CEO Adam Aron Claims Retail Owns 90% of AMC Stock Public Float Shares of AMC stock are included in several indexes who "have to" incorporate the company. Of course, this statement by AMC is likely a precautionary measure which is unlikely to deter the AMCs ape army from continuing to stockpile $AMC. Latest AMC Entertainment Holdings Inc News and Updates. LEAWOOD, Kan.--(BUSINESS WIRE)-- All rights reserved. This document is not a substitute for the proxy statement or any other document that may be filed by the Company with the SEC. Year-to-date, AMC has skyrocketed a staggering 1429%. It is quite uncommon for any publicly traded corporation to have such a large percentage of its stock held by individual retail investors. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Indeed, as it is often said about AMC on Twitter, retail owns the float.. Whats more, the company reported an adjusted loss per share of 11 cents for AMC stock versus an expected consensus loss of 16 cents. 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. Create an account to follow your favorite communities and start taking part in conversations. It owns, operates or has interests in theatres located in the United States and Europe. Antara Capital LP is the largest individual Amc Entertainment shareholder, owning 252.68M shares representing 48.89% of the company. Its a story that makes institutional investors hair stand on end. For more information, visit www.amctheatres.com. The U.S. Markets. I called my Broker it's a NYC well respected shop asked him a favor. Thats not all, however. AMC has been successfully added to your Stock Email Alerts list. After the large Wanda sale, AMC's CEO Adam Aron revealed that no entity held an ownership stake above 10%. (Disclaimers: this is not investment advice. Although some shareholders own a greater percentage than others, the importance of each and every stakeholder to AMC cannot be overstated. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Arons pivot to embracing the support of retail traders isnt exactly new, either. No one is selling. Even for just 1 day. Among institutions, Vanguard and Blackrock are the top holders, with 8% and 6% of the shares, respectively. As of right now, there are 515.70 million executives floating about in AMC Entertainment Holdingss stock. Announces Shareholder Count, https://www.businesswire.com/news/home/20210609005827/en/, Click 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. The Tokenist does not provide investment advice. 2023 Excellence In Retail Blog Following the news, the price of AMC stock skyrocketed, more than doubling in value despite the fact that hedge funds and short sellers were sounding the alarm about the stocks overvaluation. AMC stock is owned, by and large, by retail investors roughly speaking, the AMC ape community. The number is roughly 4 million holders. The crime is getting worse and worse and more blatantly out in the open. 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. AMC Entertainment Holdings Inc (NYSE:AMC) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. AMC Entertainment Holdings's float percentage of total shares outstanding is 98.79%. Order got routed, but didnt show up on the ask at the exchange. Of this, 21.4 percent is institutional stock ownership, while 13 percent. The retail industry is one of the most competitive industries in the world. $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.". Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. By definition, their interests and passions are important to AMC, their ambitions and passions are important to me., We may earn a commission from links on this page. On February 9, 2022, Vanguard Group Inc. disclosed ownership of 47,085,666 shares of AMC Entertainment Holdings Inc. on form SC 13G, which was filed with the Securities and Exchange Commission (SEC) (US:AMC). Vice President, Investor Relations Fundamental company data provided by Morningstar, updated daily. The Company may also file other documents with the SEC regarding the business to be conducted at the Annual Meeting. Your email address will not be published. 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. The call position in the company, which is held by Citadel Investment Group and is worth $338,1 million, accounts for 0.1 percent of the firms 13F portfolio. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase. AMC CEO Adam Aron stated that individual investors controlled more than 80 percent of AMC at last count in the news release that announced the project. This is how it should work, but doubt that it is the case in practice. The majority of AMC stock is held by individual retail investors, or, to use a more colloquial term, the AMC ape community. As previously disclosed, there were 501,780,240 shares outstanding as of June 2, 2021, the record date for the Shareholder Meeting scheduled for July 29, 2021. In an unconventional suggestion, the company advised investors regarding the possible outcomes of an unpremeditated investment in their stocks. Sell Amc Go Ape, Float Percentage of Total Shares Outstanding, C/O MUDRICK CAPITAL MANAGEMENT, L.P., 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022, 527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022, AMC ENTERTAINMENT HOLDINGS, INC, 11500 ASH STREET, LEAWOOD KS 66211, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211, C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211, C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Retail investors are individuals who purchase securities for their own personal account, rather than for an institution or other entity. Please consult our. We start with a free large popcorn on us, when they attend their first movie at an AMC theatre this summer.. Press J to jump to the feed. AMC's reddit army continues to grow by the day, with no signs of slowing down. We may earn a commission from links on this page. The biggest public companies in the world have a total market cap of over $22.5 trillion, more than a fifth of the global GDP in 2021, according to the World Bank. Repurchases $72.5 Million of Its Second Lien Debt at a 31% Discount, AMC Theatres: Every Tuesday, Every Movie, $5, Through January 31, 2023, AMC Theatres Welcomes More Than 4.9 Million Guests Globally From Thursday Through Sunday; Sets a Domestic Record for Biggest November Opening in Company History on the Strength of BLACK PANTHER: WAKANDA FOREVER, AMC Entertainment Holdings, Inc. Board of Directors Elects Denise "Dee" Clark and Keri Putnam to Serve as Directors of the Company, Effective January 1, 2023, AMC Entertainment Holdings, Inc. Reports Third Quarter 2022 Results, AMC Entertainment Holdings, Inc. Raises $162 Million Through Sales of AMC Preferred Equity Units ("APE") Since Launching Its At-The-Market Program and Provides Business Update, AMC Entertainment Holdings, Inc. We can then use FINRA to obtain the shares owned by each of the above which totals 217,262,242; again, as seen in the image below. Literally the minute the price has fallen down to a "safe" level, the dark pool price sinks back to $162. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. Security holders may obtain information regarding the names, affiliations and interests of the Companys directors and executive officers in the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 12, 2021 (the 2021 Form 10-K). Past performance is a poor indicator of future performance. Do you think the AMC Investor Connect solution can be beneficial in maintaining the investors interest in the firm? In its filing on Thursday, AMC honestly cautioned potential investors that the current prices may not match the fundamentals of the movie theater business. AMC Networks Inc. is a multinational media and entertainment corporation with its headquarters in New York City at 11 Penn Plaza. As of today, AMC Entertainment Holdings's float shares is 515.72 Mil. This gimmick seems to have paid off in a major way: In a press release announcing the Investor Connect initiative, AMC CEO Adam Aron said that retail investors now own a supermajority of the companys shares, more than 80% at last count.. Press question mark to learn the rest of the keyboard shortcuts. The retail industry has a huge impact on the economy and employs a large number of people. Grabbing puts for next week might be the play. Naturally, these firms turn their holdings into shares of ETF, which in turn can (and usually do) end up owned by more individual investors. To keep retail shareholders up-to-date regarding company information, AMC aims to launch AMC Investor Connect in concurrence with the preparatory proxy statement for AMCs July 29 annual meeting of shareholders. According to data compiled by Fidelity, 34.4 percent of AMC's outstanding float of 516 million is held by institutions. 2023 InvestorPlace Media, LLC. By using the service, you acknowledge that you have agreed to and accepted the content of this disclaimer in full. rnoonan@amctheatres.com, John Merriwether AMC earnings call revealed 90% of the float is held by retail investors. AMC has developed a major cult following among financial communities like Reddits r/WallStreetBets and on Twitter (NYSE:TWTR). This left AMC with $813.1 million in cash and . AMCs definitive proxy statement will be filed on June 16. All currency related amount are indicated in the company's associated stock exchange currency. Gurus may be added or dropped from the GuruFocus site at any time. In this video we go over the chart, SPY, Wealth Simple aware of possible short squeeze and retail owning 90% of float according to Adam Aron. If you have feedback or you find that this document uses some content in which you have rights and interests, please contact us through this link: Selected, One-Stop Store for Enterprise Applications, Support various scenarios to meet companies' needs at different stages of development, 2009-2022 Copyright by Alibaba Cloud All rights reserved, https://www.alibabacloud.com/campaign/contact-us-feedback, Alibaba Cloud for Retail and E-Commerce - Alibaba Cloud, Big Data Solution: Big Data Consulting Services for Retail - Alibaba Cloud. to being in the know. Slectionnez Grer les paramtres pour grer vos prfrences. Currently, Wanda owns only 10,000 shares, representing a small $420,000 in market value. These risks, trends, uncertainties and facts include, but are not limited to, risks related to: AMCs ability to obtain additional liquidity, which if not realized or insufficient to generate the material amounts of additional liquidity that will be required unless it is able to achieve more normalized levels of operating revenues, likely would result in AMC seeking an in-court or out-of-court restructuring of its liabilities; the potential impact of AMCs existing or potential lease defaults; the impact of the COVID-19 virus on AMC, the motion picture exhibition industry, and the economy in general, including AMCs response to the COVID-19 virus related to suspension of operations at theatres, personnel reductions and other cost-cutting measures and measures to maintain necessary liquidity and increases in expenses relating to precautionary measures at AMCs facilities to protect the health and well-being of AMCs customers and employees; AMCs significant indebtedness, including its borrowing capacity and its ability to meet its financial maintenance and other covenants; the manner, timing and amount of benefit AMC receives under the CARES Act or other applicable governmental benefits and support; the impact of impairment losses; motion picture production and performance; AMCs lack of control over distributors of films; intense competition in the geographic areas in which AMC operates; increased use of alternative film delivery methods or other forms of entertainment; shrinking exclusive theatrical release window; AMC Stubs A-List not meeting anticipated revenue projections; general and international economic, political, regulatory and other risks; limitations on the availability of capital; AMCs ability to refinance its indebtedness on favorable terms; availability of financing upon favorable terms or at all; risks relating to impairment losses, including with respect to goodwill and other intangibles, and theatre and other closure charges; and other factors discussed in the reports AMC has filed with the SEC. According to data compiled by Fidelity, 34.4 percent of AMCs outstanding float of 516 million is held by institutions. Investors interested in automatically receiving news and information when posted to our website can also visit www.investor.amctheatres.com to sign up for email alerts. Like this vi. I work for them. 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. 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. Nothing shared by The Tokenist should be considered investment advice. Shares of Bed Bath & Beyond closed up 1.5% and AMC closed up 25.9% on Monday. Each shareholder has a critical role to play in AMCs future by having their voice heard by voting at our upcoming Shareholder Meeting. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. Giacomo Pierantoni, an analyst at Vanda Securities, told Forbes by email that on Thursday the purchase of AMC shares by retail. As of June 2, AMC had approximately 4.1 million shareholders eligible to vote at the upcoming Shareholder Meeting Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company") is today providing the following information: As previously disclosed, there were 501,780,240 shares outstanding as of June 2, 2021, the record date . The pair joins GameStop, which rose nearly 150% at one point on Monday, in their short-squeeze rallies. These indexes include the exchange-traded fund (ETF) known as the Vanguard Total Stock Market Index (NYSEARCA:VTI), which aims to follow the performance of all equities that are listed in the United States. Another challenge facing the retail industry is the growth of mobile commerce. This is making it difficult for traditional retailers to compete. The CEO and President of AMC Entertainment, Adam Aron, just tweeted that retail investors now own more than 80% of AMC's float. The most significant challenge is the growth of online retail. Same from a year ago. The group operates in U.S. markets and International markets. The author may be long one or more stocks mentioned in this report. 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. As of today, AMC Entertainment Holdings's Insider Ownership is 0.41%. GuruFocus has detected 6 Severe Warning Signs with AMC. In connection with the Annual Meeting, the Company filed a preliminary proxy statement with the SEC on June 3, 2021 and plans to file with the Securities and Exchange Commission (the SEC) and mail or otherwise provide to its stockholders a definitive proxy statement regarding the business to be conducted at the Annual Meeting. Leawood, KS 66211 Market Realist is a registered trademark. AMCs stock price nearly doubled on Wednesday alone following the release of what the company has dubbed its Investor Connect initiative, which promises shareholders access to exclusive benefits like free movie snacks and invites to special screenings. That was slightly above consensus estimates of $1.16 billion. Save my name, email, and website in this browser for the next time I comment. These partnerships do not influence editorial content. Even as AMCs stock price soared, hedge fund investors and short sellers were calling its bluff, cautioning that the companys shares were massively overvalued. Aron stated the company will launch a food delivery program in the beginning as early as the second quarter of this year in partnership with Uber Eats. So at 450 million shares before the 43 million AMC selloff the most real shares retail can own . AMC largest holders According to data provided by Yahoo Finance, AMC has a float of 513 million shares. A hedge fund known as Melvin Capital has been engaging in short selling of both AMC and GME stock. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Also, the article may contain affiliate links. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. Ryan Noonan, (913) 213-2183 Retail is the process of selling goods or services to customers through multiple channels of distribution to earn a profit. It is your responsibility to determine the legality, accuracy, authenticity, practicality, and completeness of the content. 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. Mobile commerce is convenient and allows consumers to shop anywhere at any time. Copyright However, the smart money doesnt seem to be getting it right since AMC stock has lost a third of its market cap in 2022. The average float shares / outstanding of companies in the sector is 53.7% with a standard deviation of 25.4%. AMC (NYSE:AMC) just reported earnings and they were the companys strongest quarterly results in two full years. For starters, revenue came in at $1.17 billion. Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. 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. Stock quotes provided by InterActive Data. The copyright of the information in this document, such as web pages, images, and data, belongs to their respective author and publisher. Retail investors and their behavior are very relevant in AMC stock movements because almost 75% of the float is owned by individual investors - many of whom highly engaged online. In the first quarter, AMC's free cash flow was negative $324.8 million, with most of this cash burn ($312.9 million) deriving from its operations. Yes, of course, both retail and institutional investors likely own the shares of AMC but based on AMC's announcement of shareholder count, it's mainly retail investors. "This. Short sellers betting against AMC suffered $2 billion in losses . 2004-2023 GuruFocus.com, LLC. Where Is The Sheet Music In Retail Row? "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. If you wish to request information or In many cases, these forward-looking statements may be identified by the use of words such as will, may, could, would, should, believes, expects, anticipates, estimates, intends, indicates, projects, goals, objectives, targets, predicts, plans, seeks, and variations of these words and similar expressions. 11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211. Your email address will not be published. Of this, 21.4 percent is institutional stock ownership, while 13 percent is institutional mutual fund ownership. The term "retailer" is typically applied where a service provider fills the small orders of a large number of individuals, who are end-users, rather than large orders of a small number of wholesale, corporate or government clients. Only PremiumPlus Member can access this feature. Amount of Analyst Coverage AMC Entertainment has only been the subject of 2 research reports in the past 90 days. This is astonishing. View source version on businesswire.com: A company whose ownership is widely distributed across the general public, as is the case of AMC, can benefit in a couple of ways. Thanks to a vigorous group of retail investors and Redditors who ran to rescue the troubled movie theater chain from potential bankruptcy, AMC is now looking better than ever. On top of the results, a claim from AMC Entertainment CEO Adam Aron has the #AMCArmy rallying behind the movie-theater chain. Researcher and operations manager at DM Martins Research. We're nearly halfway through the year and it looks like the meme stocks haven't ended their run just yet: As of Wednesday, shares of movie theater chain AMC Entertainment were up as much as. (800) 962-4284 He called me back and said. Major institutions are . quotes delayed at least 15 minutes, all others at least 20 minutes. It derives key revenue from the U.S. AMC Entertainment Holdings Inc (NYSE:AMC). How Much Of Amc Float Is Owned By Retail - Alibaba Cloud 1. Online retailers such as Amazon are able to offer lower prices and a wider range of products. That's it. On Monday, the company announced it had secured enough financing to remain open and operational deep into 2021. Also, AMC is now associated with retail investors, including the Apes. Even AMC CEO Adam Aron praised retail investors on the earnings call for their backing and rewarded them with goodies like NFTs and free popcorn at the cinemas. I then reduced the price to bid (again 20,000x the shares of the bid), bid request got increased to my amount of shares, order got filled instantly. Retail investors literally own AMC Entertainment right now. A number of indices have to contain the corporation, which results in the inclusion of AMC stock shares in such indexes. AMC CEO Adam Aron stated that individual investors controlled more than 80 percent of AMC at last count in the news release that announced the project. Same from a year ago. Head researcher and portfolio strategist of independent firm DM Martins Research. This feature is only available for Premium Members, please sign up for. This investment adviser does not provide advice to individual investors. 911,144. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. AMC released its fourth-quarter 2021 earnings, which showed revenues rising to a two-year high. in Mechanical Engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business.