Sphere Entertainment Ownership

SPHR Stock   42.24  0.17  0.40%   
The majority of Sphere Entertainment outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sphere Entertainment to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sphere Entertainment. Please pay attention to any change in the institutional holdings of Sphere Entertainment Co as this could imply that something significant has changed or is about to change at the company.
 
Shares in Circulation  
First Issued
2014-03-31
Previous Quarter
35.6 M
Current Value
35.7 M
Avarage Shares Outstanding
32.7 M
Quarterly Volatility
13 M
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Sphere Entertainment 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 Sphere Entertainment, 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.
As of 11/21/2024, Dividend Payout Ratio is likely to grow to 0.23, while Dividends Paid is likely to drop 0.00. As of 11/21/2024, Net Income Applicable To Common Shares is likely to grow to about 607.1 M, while Common Stock Shares Outstanding is likely to drop slightly above 31.7 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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sphere Entertainment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Sphere Stock Ownership Analysis

About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.65. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sphere Entertainment recorded a loss per share of 11.23. The entity had not issued any dividends in recent years. The firm had 2165:1000 split on the 21st of April 2023. To find out more about Sphere Entertainment Co contact James Dolan at 725-258-0001 or learn more at https://www.sphereentertainmentco.com.
Besides selling stocks to institutional investors, Sphere Entertainment 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 Sphere Entertainment'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 Sphere Entertainment'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.

Sphere Entertainment Quarterly Liabilities And Stockholders Equity

4.59 Billion

About 6.0% of Sphere Entertainment Co are currently held by insiders. Unlike Sphere Entertainment'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 Sphere Entertainment'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 Sphere Entertainment's insider trades

Sphere Entertainment 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 Sphere Entertainment insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sphere Entertainment'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 Sphere Entertainment 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.
 
James Dolan over a month ago
Acquisition by James Dolan of 5253 shares of Sphere Entertainment subject to Rule 16b-3
 
James Dolan over two months ago
Disposition of 15757 shares by James Dolan of Sphere Entertainment subject to Rule 16b-3
 
Andrea Greenberg over two months ago
Disposition of 687 shares by Andrea Greenberg of Sphere Entertainment subject to Rule 16b-3
 
Andrea Greenberg over two months ago
Disposition of 687 shares by Andrea Greenberg of Sphere Entertainment subject to Rule 16b-3
 
Andrea Greenberg over three months ago
Acquisition by Andrea Greenberg of 27070 shares of Sphere Entertainment subject to Rule 16b-3
 
James Dolan over three months ago
Acquisition by James Dolan of 1800000 shares of Sphere Entertainment at 34.62 subject to Rule 16b-3
 
Dolan Ryan Thomas over three months ago
Acquisition by Dolan Ryan Thomas of 438 shares of Sphere Entertainment subject to Rule 16b-3
 
Dolan Ryan Thomas over three months ago
Acquisition by Dolan Ryan Thomas of 807 shares of Sphere Entertainment subject to Rule 16b-3
 
Koester Jennifer over six months ago
Acquisition by Koester Jennifer of 56451 shares of Sphere Entertainment subject to Rule 16b-3
 
Gregory Brunner over six months ago
Acquisition by Gregory Brunner of 4438 shares of Sphere Entertainment subject to Rule 16b-3
 
Dolan Charles F over six months ago
Acquisition by Dolan Charles F of 5079 shares of Sphere Entertainment at 48.23 subject to Rule 16b-3
 
James Dolan over six months ago
Disposition of 184150 shares by James Dolan of Sphere Entertainment at 47.87 subject to Rule 16b-3

Sphere Entertainment Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13th of November 2024
Other Reports
ViewVerify
8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify

Pair Trading with Sphere Entertainment

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 Sphere Entertainment 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 Sphere Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sphere Stock

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The ability to find closely correlated positions to Sphere Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sphere Entertainment 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 Sphere Entertainment - 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 Sphere Entertainment Co to buy it.
The correlation of Sphere Entertainment 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 Sphere Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sphere Entertainment 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 Sphere Entertainment 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.
Pair CorrelationCorrelation Matching

Additional Tools for Sphere Stock Analysis

When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment'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 Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.