Insider Transactions and Hedge Fund Moves Shake Up $MCRI Stock
On October 15, 2024, JOHN FARAHI, the CEO of $MCRI ($MCRI), sold 2,000 shares of the company, according to a recent SEC filing. This transaction represented roughly 0.4% of his total shares. Following this sale, he retains ownership of 557,404 shares in $MCRI.
Insider Trading Overview at $MCRI
In the past six months, insiders at $MCRI have executed trades on two occasions, marking a notable lack of purchases during this period.
Here’s a summary of insider trading activities for $MCRI:
- JOHN FARAHI (CEO) has engaged in trade two times, with no purchases and two sales, totaling 3,000 shares sold.
For more details on insider transactions, you can visit Quiver Quantitative’s insider trading dashboard.
Institutional Investors Take Positions in $MCRI
A total of 91 institutional investors added shares of $MCRI to their portfolios, while 88 reduced their holdings in the latest quarter.
Key institutional moves include:
- FIRST TRUST ADVISORS LP cut 660,274 shares (-94.0%) from their portfolio in Q3 2024.
- MORGAN STANLEY increased their stake by adding 124,838 shares (+79.3%) in Q3 2024.
- MEDINA VALUE PARTNERS, LLC boosted their shares by 98,767 (+181.0%) in the same quarter.
- JANE STREET GROUP, LLC saw a significant rise, adding 98,153 shares (+518.8%) in Q3 2024.
- BLACKROCK, INC. decreased their holdings by 92,155 shares (-4.3%) in Q3 2024.
- INVESCO LTD. added 83,358 shares (+83.0%) during the quarter as well.
- ADVISORY RESEARCH INC removed 81,238 shares (-76.2%) from their portfolio in Q3 2024.
For insights into hedge fund stock portfolios, Quiver Quantitative offers an institutional holdings dashboard.
This article is not financial advice. Please consult Quiver Quantitative’s disclaimers for further information.
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