Standard Ownership
| SMP Stock | USD 32.78 0.10 0.31% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 22.2 M | Current Value 22.2 M | Avarage Shares Outstanding 17.8 M | Quarterly Volatility 4.6 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.
Standard |
Standard Stock Ownership Analysis
About 83.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.11. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Standard Motor Products has Price/Earnings To Growth (PEG) ratio of 2.34. The entity last dividend was issued on the 15th of November 2024. The firm had 5:2 split on the 2nd of December 1983. Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company was founded in 1919 and is headquartered in Long Island City, New York. Standard operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 5000 people. To find out more about Standard Motor Products contact Eric Sills at 718 392 0200 or learn more at https://www.smpcorp.com.Besides selling stocks to institutional investors, Standard 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 Standard'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 Standard'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.
Standard Quarterly Liabilities And Stockholders Equity |
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Standard Insider Trades History
About 5.0% of Standard Motor Products are currently held by insiders. Unlike Standard'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 Standard'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 Standard's insider trades
Standard Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Standard is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Standard Motor Products backward and forwards among themselves. Standard's institutional investor refers to the entity that pools money to purchase Standard'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 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 339.6 K | Northern Trust Corp | 2024-09-30 | 321.7 K | Gabelli Funds Llc | 2024-09-30 | 321.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 292.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 271.8 K | Amvescap Plc. | 2024-06-30 | 242.6 K | Citadel Advisors Llc | 2024-09-30 | 215.8 K | Hightower Advisors, Llc | 2024-06-30 | 191.3 K | Ameriprise Financial Inc | 2024-06-30 | 191.3 K | Blackrock Inc | 2024-06-30 | 3.3 M | Vanguard Group Inc | 2024-09-30 | 1.6 M |
Standard Motor Products 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 Standard insiders, such as employees or executives, is commonly permitted as long as it does not rely on Standard's 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 Standard 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.
Sills Peter J over a week ago Disposition of 3833 shares by Sills Peter J of Standard at 40.09 subject to Rule 16b-3 | ||
Eric Sills over two weeks ago Disposition of 1721 shares by Eric Sills of Standard at 34.97 subject to Rule 16b-3 | ||
Eric Sills over two weeks ago Acquisition by Eric Sills of 1366 shares of Standard subject to Rule 16b-3 | ||
Eric Sills over a month ago Acquisition by Eric Sills of 2553 shares of Standard subject to Rule 16b-3 | ||
Lawrence Sills over two months ago Acquisition by Lawrence Sills of 780 shares of Standard at 38.14 subject to Rule 16b-3 | ||
Carmine Broccole over three months ago Acquisition by Carmine Broccole of 4000 shares of Standard subject to Rule 16b-3 | ||
Pamela Puryear over six months ago Acquisition by Pamela Puryear of 3034 shares of Standard subject to Rule 16b-3 | ||
Richard Ward over a year ago Acquisition by Richard Ward of 5006 shares of Standard subject to Rule 16b-3 |
Standard Outstanding Bonds
Standard 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. Standard Motor Products 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 Standard bonds can be classified according to their maturity, which is the date when Standard Motor Products 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.
Standard Corporate Filings
F4 | 12th of November 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 |
8K | 1st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 17th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F3 | 16th of August 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
Pair Trading with Standard
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 Standard 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 Standard will appreciate offsetting losses from the drop in the long position's value.Moving against Standard Stock
The ability to find closely correlated positions to Standard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard 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 Standard - 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 Standard Motor Products to buy it.
The correlation of Standard 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 Standard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Motor Products 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 Standard 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 Standard Stock Analysis
When running Standard's price analysis, check to measure Standard's 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 Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.