Who are the Institutional Holders in Newmark Group Inc (NMRK)?

Newmark Group Inc (NASDAQ: NMRK) is -4.29% lower on its value in year-to-date trading and has touched a low of $5.07 and a high of $11.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NMRK stock was last observed hovering at around $9.93 in the last trading session, with the day’s gains setting it 0.56%.

Currently trading at $10.49, the stock is 4.51% and 7.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 5.64% at the moment leaves the stock 43.36% off its SMA200. NMRK registered 20.44% gain for a year compared to 6-month gain of 36.06%. The firm has a 50-day simple moving average (SMA 50) of $1.54 and a 200-day simple moving average (SMA200) of $14.95.

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The stock witnessed a 5.11% loss in the last 1 month and extending the period to 3 months gives it a 48.58%, and is 1.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 3.35% over the month.

Newmark Group Inc (NMRK) has around 6300 employees, a market worth around $1.81B and $2.45B in sales. Current P/E ratio is 120.57 and Fwd P/E is 10.23. Profit margin for the company is 0.63%. Distance from 52-week low is 107.11% and -6.56% from its 52-week high. The company has generated returns on investments over the last 12 months (0.67%).

Newmark Group Inc quarterly earnings per share for the current quarter are estimated at $0.47 with sales reaching $743.53M over the same period.The EPS is expected to shrink by -30.54% this year, but quarterly earnings will post -8.80% year-over-year. Quarterly sales are estimated to grow 22.40% in year-over-year returns.

276 institutions hold shares in Newmark Group Inc (NMRK), with institutional investors hold 71.54% of the company’s shares. The shares outstanding are 150.38M, and float is at 139.69M with Short Float at 2.33%. Institutions hold 66.12% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 20.47 million shares valued at $127.35 million. The investor’s holdings represent 13.43% of the NMRK Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 9.82 million shares valued at $61.09 million to account for 6.44% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 5.12 million shares representing 3.36% and valued at over $31.82 million, while Empyrean Capital Partners, LP holds 2.86% of the shares totaling 4.36 million with a market value of $27.12 million.

Newmark Group Inc (NMRK) Insider Activity

A total of 4 insider transactions have happened at Newmark Group Inc (NMRK) in the last six months, with sales accounting for 1 and purchases happening 3 times.