ODP Corp Ownership
| ODP Stock | USD 26.94 0.32 1.17% |
Shares in Circulation | First Issued 1987-03-31 | Previous Quarter 35 M | Current Value 33 M | Avarage Shares Outstanding 34.6 M | Quarterly Volatility 24.6 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.
ODP |
ODP Stock Ownership Analysis
About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.96. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ODP Corp has Price/Earnings To Growth (PEG) ratio of 0.53. The entity last dividend was issued on the 28th of February 2020. The firm had 1:10 split on the 1st of July 2020. The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people. To find out more about ODP Corp contact Gerry Smith at 561 438 4800 or learn more at https://www.theodpcorp.com.Besides selling stocks to institutional investors, ODP Corp 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 ODP Corp's 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 ODP Corp's 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.
ODP Corp Quarterly Liabilities And Stockholders Equity |
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ODP Corp Insider Trades History
Roughly 4.0% of ODP Corp are currently held by insiders. Unlike ODP Corp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against ODP Corp's 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 ODP Corp's insider trades
ODP Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ODP Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ODP Corp backward and forwards among themselves. ODP Corp's institutional investor refers to the entity that pools money to purchase ODP Corp's 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 | Weiss Asset Management Lp | 2024-09-30 | 571.2 K | Northern Trust Corp | 2024-09-30 | 530.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 481.4 K | Bridgeway Capital Management, Llc | 2024-09-30 | 415.9 K | Allianz Asset Management Ag | 2024-06-30 | 403.8 K | D. E. Shaw & Co Lp | 2024-09-30 | 384 K | Goldman Sachs Group Inc | 2024-06-30 | 370.4 K | Gendell Jeffrey L | 2024-09-30 | 358.6 K | Norges Bank | 2024-06-30 | 319.9 K | Blackrock Inc | 2024-06-30 | 5.2 M | Vanguard Group Inc | 2024-09-30 | 3.9 M |
ODP Corp 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 ODP Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on ODP Corp's 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 ODP Corp 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.
Gerry Smith over two months ago Acquisition by Gerry Smith of 34290 shares of ODP Corp subject to Rule 16b-3 | ||
Max Hood over two months ago Disposition of 450 shares by Max Hood of ODP Corp at 49.89 subject to Rule 16b-3 | ||
Allen Quincy L over six months ago Acquisition by Allen Quincy L of 3065 shares of ODP Corp subject to Rule 16b-3 | ||
Gerry Smith over six months ago Disposition of 21933 shares by Gerry Smith of ODP Corp at 49.89 subject to Rule 16b-3 | ||
Gerry Smith over six months ago Disposition of 9179 shares by Gerry Smith of ODP Corp at 51.47 subject to Rule 16b-3 | ||
Stone Dan Joshua over a year ago Acquisition by Stone Dan Joshua of 243902 shares of ODP Corp subject to Rule 16b-3 | ||
David Szymanski over a year ago Acquisition by David Szymanski of 15952 shares of ODP Corp subject to Rule 16b-3 | ||
Ts Capital Partners Llc over a year ago ODP Corp exotic insider transaction detected | ||
David Szymanski over a year ago Acquisition by David Szymanski of 3684 shares of ODP Corp subject to Rule 16b-3 |
ODP Corp Outstanding Bonds
ODP Corp 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. ODP Corp 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 ODP bonds can be classified according to their maturity, which is the date when ODP Corp 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.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
ODP Corp Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 10th of September 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 |
8K | 24th of June 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Pair Trading with ODP Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ODP Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ODP Corp will appreciate offsetting losses from the drop in the long position's value.Moving against ODP Stock
| 0.73 | BH | Biglari Holdings | PairCorr |
| 0.72 | GPI | Group 1 Automotive | PairCorr |
| 0.62 | ABG | Asbury Automotive | PairCorr |
| 0.62 | SAH | Sonic Automotive | PairCorr |
| 0.59 | DORM | Dorman Products | PairCorr |
The ability to find closely correlated positions to ODP Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ODP Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ODP Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ODP Corp to buy it.
The correlation of ODP Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ODP Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ODP Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ODP Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ODP Stock Analysis
When running ODP Corp's price analysis, check to measure ODP Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.