NOV Ownership

NOV Inc maintains a total of 383.37 Million outstanding shares. The majority of NOV outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NOV Inc to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in NOV Inc. Please pay attention to any change in the institutional holdings of NOV as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as NOV in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of NOV, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividends Paid is likely to drop to about 66.7 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 187.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 316.3 M in 2024. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.