Summit Materials Ownership
| SUM Stock | USD 52.19 0.06 0.12% |
Shares in Circulation | First Issued 2013-12-31 | Previous Quarter 176.1 M | Current Value 176.3 M | Avarage Shares Outstanding 98.8 M | Quarterly Volatility 41.2 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.
Summit |
Summit Stock Ownership Analysis
About 32.0% of the company outstanding shares are owned by corporate insiders. The book value of Summit Materials was at this time reported as 25.32. The company has Price/Earnings To Growth (PEG) ratio of 1.44. Summit Materials had not issued any dividends in recent years. The entity had 1017:1000 split on the 14th of December 2022. Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, and residential and nonresidential end markets. The company was founded in 2009 and is headquartered in Denver, Colorado. Summit Materials operates under Building Materials classification in the United States and is traded on New York Stock Exchange. It employs 5500 people. To find out more about Summit Materials contact Thomas Hill at 303 893 0012 or learn more at https://summit-materials.com.Besides selling stocks to institutional investors, Summit Materials 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 Summit Materials' 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 Summit Materials' 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.
Summit Materials Quarterly Liabilities And Stockholders Equity |
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Summit Materials Insider Trades History
About 32.0% of Summit Materials are currently held by insiders. Unlike Summit Materials' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Summit Materials' 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 Summit Materials' insider trades
Summit Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Summit Materials is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Summit Materials backward and forwards among themselves. Summit Materials' institutional investor refers to the entity that pools money to purchase Summit Materials' 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 | Frontier Capital Management Co Inc | 2024-09-30 | 2.8 M | Geode Capital Management, Llc | 2024-09-30 | 2.8 M | Hhg Plc | 2024-09-30 | 2.8 M | State Street Corp | 2024-09-30 | 2.8 M | Millennium Management Llc | 2024-09-30 | 2.5 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.8 M | Goldman Sachs Group Inc | 2024-09-30 | 1.7 M | Ameriprise Financial Inc | 2024-09-30 | 1.6 M | American Century Companies Inc | 2024-09-30 | 1.6 M | Vanguard Group Inc | 2024-09-30 | 12.3 M | Blackrock Inc | 2024-09-30 | 10 M |
Summit Materials 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 Summit Materials insiders, such as employees or executives, is commonly permitted as long as it does not rely on Summit Materials' 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 Summit Materials 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.
Summit Materials Outstanding Bonds
Summit Materials 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. Summit Materials 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 Summit bonds can be classified according to their maturity, which is the date when Summit Materials 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.
| SUMMIT MATLS LLC Corp BondUS86614RAM97 | View | |
| SUMMIT MATLS LLC Corp BondUS86614RAN70 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Summit Materials Corporate Filings
F4 | 17th of January 2025 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 |
| 10th of January 2025 Other Reports | ViewVerify | |
| 30th of December 2024 Other Reports | ViewVerify | |
| 20th of December 2024 Other Reports | ViewVerify |
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Is Construction Materials 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 Summit Materials. If investors know Summit 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 Summit Materials 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 (0.69) | Earnings Share 0.85 | Revenue Per Share | Quarterly Revenue Growth 0.474 | Return On Assets |
The market value of Summit Materials is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' 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 Summit Materials' market value can be influenced by many factors that don't directly affect Summit Materials' 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 Summit Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' 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.