Ituran Location Ownership
| ITRN Stock | USD 29.80 0.11 0.37% |
Shares in Circulation | First Issued 2005-03-31 | Previous Quarter 19.9 M | Current Value 19.9 M | Avarage Shares Outstanding 21.1 M | Quarterly Volatility 1 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.
Ituran |
Ituran Stock Ownership Analysis
About 21.0% of the company shares are held by company insiders. The book value of Ituran Location was currently reported as 8.77. The company last dividend was issued on the 26th of September 2024. Ituran Location had 3:1 split on the 22nd of September 2005. Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company was incorporated in 1994 and is headquartered in Azor, Israel. Ituran Location is traded on NASDAQ Exchange in the United States. To learn more about Ituran Location and call Eyal Sheratzky at 972 3 557 1333 or check out https://www.ituran.com.Besides selling stocks to institutional investors, Ituran Location 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 Ituran Location'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 Ituran Location'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.
Ituran Location Quarterly Liabilities And Stockholders Equity |
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About 21.0% of Ituran Location and are currently held by insiders. Unlike Ituran Location'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 Ituran Location'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 Ituran Location's insider trades
Ituran Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ituran Location is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ituran Location and backward and forwards among themselves. Ituran Location's institutional investor refers to the entity that pools money to purchase Ituran Location's 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 | Harel Insurance Invests & Fin Srvcs Ltd | 2024-06-30 | 322.2 K | Millennium Management Llc | 2024-06-30 | 261.5 K | Appleseed Capital | 2024-09-30 | 241.1 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 216.7 K | Aristides Capital Llc | 2024-09-30 | 184.3 K | State Street Corp | 2024-06-30 | 156.7 K | Inlet Private Wealth, Llc | 2024-09-30 | 150.2 K | Seizert Capital Partners, Llc | 2024-09-30 | 119.6 K | Ubs Group Ag | 2024-06-30 | 110 K | Fmr Inc | 2024-09-30 | 1.3 M | Vulcan Value Partners, Llc | 2024-09-30 | 1.2 M |
Ituran Location Outstanding Bonds
Ituran Location 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. Ituran Location 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 Ituran bonds can be classified according to their maturity, which is the date when Ituran Location and 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.
Ituran Location Corporate Filings
6K | 21st of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 2nd of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 30th of May 2024 Other Reports | ViewVerify | |
| 18th of April 2024 Other Reports | ViewVerify |
Pair Trading with Ituran Location
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 Ituran Location 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 Ituran Location will appreciate offsetting losses from the drop in the long position's value.Moving against Ituran Stock
The ability to find closely correlated positions to Ituran Location could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ituran Location 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 Ituran Location - 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 Ituran Location and to buy it.
The correlation of Ituran Location 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 Ituran Location moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ituran Location 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 Ituran Location 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ituran Location and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Communications Equipment 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 Ituran Location. If investors know Ituran 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 Ituran Location 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 0.084 | Earnings Share 2.61 | Revenue Per Share 16.522 | Quarterly Revenue Growth 0.039 | Return On Assets 0.1368 |
The market value of Ituran Location is measured differently than its book value, which is the value of Ituran that is recorded on the company's balance sheet. Investors also form their own opinion of Ituran Location's value that differs from its market value or its book value, called intrinsic value, which is Ituran Location's 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 Ituran Location's market value can be influenced by many factors that don't directly affect Ituran Location's 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 Ituran Location's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ituran Location is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ituran Location's 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.