Steel Partners Ownership
| SPLP Stock | USD 41.30 0.41 1.00% |
Shares in Circulation | First Issued 2010-03-31 | Previous Quarter 24.6 M | Current Value 24 M | Avarage Shares Outstanding 28.5 M | Quarterly Volatility 5 M |
Steel |
Steel Stock Ownership Analysis
About 49.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.75. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steel Partners Holdings recorded earning per share (EPS) of 9.87. The entity last dividend was issued on the 29th of December 2016. The firm had 1:12500 split on the 12th of January 2024. Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 4500 people. To find out more about Steel Partners Holdings contact Warren Lichtenstein at 212 520 2300 or learn more at https://www.steelpartners.com.Besides selling stocks to institutional investors, Steel Partners 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 Steel Partners' 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 Steel Partners' 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.
Steel Partners Quarterly Liabilities And Stockholders Equity |
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Steel Partners Insider Trades History
About 49.0% of Steel Partners Holdings are currently held by insiders. Unlike Steel Partners' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Steel Partners' 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 Steel Partners' insider trades
Steel Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Steel Partners is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Steel Partners Holdings backward and forwards among themselves. Steel Partners' institutional investor refers to the entity that pools money to purchase Steel Partners' 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 | Bb&t Corp. | 2024-09-30 | 5.7 K | Ubs Group Ag | 2024-09-30 | 2.7 K | Adar1 Capital Management Llc | 2024-06-30 | 0.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Gabelli Funds Llc | 2024-09-30 | 593 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 93.6 K | Alpha Omega Investment Advisors | 2024-09-30 | 76.6 K | Nj State Employees Deferred Compnstin Pl | 2024-09-30 | 36.6 K | Hightower Advisors, Llc | 2024-09-30 | 26.4 K | Kennedy Capital Management Inc | 2024-09-30 | 25.4 K | Ejf Capital Llc | 2024-09-30 | 20 K |
Steel Partners Holdings 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 Steel Partners insiders, such as employees or executives, is commonly permitted as long as it does not rely on Steel Partners' 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 Steel Partners 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.
Rory Tahari over six months ago Acquisition by Rory Tahari of 522 shares of Steel Partners subject to Rule 16b-3 | ||
Joseph Martin over six months ago Disposition of 4296 shares by Joseph Martin of Steel Partners at 40.0 subject to Rule 16b-3 |
Steel Partners Outstanding Bonds
Steel Partners 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. Steel Partners Holdings 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 Steel bonds can be classified according to their maturity, which is the date when Steel Partners Holdings 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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Steel Partners Corporate Filings
| 6th of January 2025 Other Reports | ViewVerify | |
8K | 2nd of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 17th of December 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 |
F3 | 2nd of December 2024 An amendment to the original Schedule 13D filing | ViewVerify |
Pair Trading with Steel Partners
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 Steel Partners 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 Steel Partners will appreciate offsetting losses from the drop in the long position's value.Moving against Steel Stock
| 0.38 | SOL | Emeren Group | PairCorr |
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| 0.35 | RUN | Sunrun Inc | PairCorr |
| 0.32 | FIP | FTAI Infrastructure | PairCorr |
The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners 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 Steel Partners - 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 Steel Partners Holdings to buy it.
The correlation of Steel Partners 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 Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings 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 Steel Partners 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 Steel Stock Analysis
When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.