Myers Industries Ownership
MYE Stock | USD 11.23 0.47 4.02% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 37.3 M | Current Value 37.2 M | Avarage Shares Outstanding 33.7 M | Quarterly Volatility 3.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Myers |
Myers Stock Ownership Analysis
About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Myers Industries last dividend was issued on the 3rd of December 2024. The entity had 11:10 split on the 11th of August 2004. Myers Industries, Inc. engages in distribution of tire service supplies in Ohio. The company was founded in 1933 and is headquartered in Akron, Ohio. Myers Industries operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 2725 people. To find out more about Myers Industries contact Andrean Horton at 330 253 5592 or learn more at https://www.myersindustries.com.Besides selling stocks to institutional investors, Myers Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Myers Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Myers Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Myers Industries Quarterly Liabilities And Stockholders Equity |
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Myers Industries Insider Trades History
Only 1.7% of Myers Industries are currently held by insiders. Unlike Myers Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Myers Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Myers Industries' insider trades
Myers Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Myers Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Myers Industries backward and forwards among themselves. Myers Industries' institutional investor refers to the entity that pools money to purchase Myers Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Geode Capital Management, Llc | 2024-06-30 | 821.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 737.1 K | Bank Of New York Mellon Corp | 2024-06-30 | 494 K | American Century Companies Inc | 2024-09-30 | 472 K | Charles Schwab Investment Management Inc | 2024-09-30 | 445.5 K | Teton Advisors Inc | 2024-09-30 | 415 K | Hotchkis & Wiley Capital Management Llc | 2024-06-30 | 389.6 K | Northern Trust Corp | 2024-09-30 | 373.9 K | Wellington Management Company Llp | 2024-06-30 | 316.3 K | Blackrock Inc | 2024-06-30 | 5.7 M | Gamco Investors, Inc. Et Al | 2024-06-30 | 3.3 M |
Myers Industries Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Myers Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Myers Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Myers Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Myers Industries Outstanding Bonds
Myers Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Myers Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Myers bonds can be classified according to their maturity, which is the date when Myers Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View |
Myers Industries Corporate Filings
8K | 22nd of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F3 | 30th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 24th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
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Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share 22.234 | Quarterly Revenue Growth 0.037 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.