Universal Stainless Ownership
| USAP Stock | USD 44.42 0.01 0.02% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 10 M | Current Value 10 M | Avarage Shares Outstanding 7.9 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.
Universal |
Universal Stock Ownership Analysis
About 77.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.65. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Universal Stainless Alloy had not issued any dividends in recent years. Universal Stainless Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Universal Stainless Alloy Products, Inc. was incorporated in 1994 and is headquartered in Bridgeville, Pennsylvania. Universal Stainles operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 558 people. For more information please call Dennis Oates at 412 257 7600 or visit https://www.univstainless.com.Besides selling stocks to institutional investors, Universal Stainless 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 Universal Stainless' 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 Universal Stainless' 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.
Universal Stainless Quarterly Liabilities And Stockholders Equity |
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Universal Stainless Insider Trades History
About 7.0% of Universal Stainless Alloy are currently held by insiders. Unlike Universal Stainless' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Universal Stainless' 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 Universal Stainless' insider trades
Universal Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Universal Stainless is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Universal Stainless Alloy backward and forwards among themselves. Universal Stainless' institutional investor refers to the entity that pools money to purchase Universal Stainless' 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 | Hillsdale Investment Management Inc. | 2024-09-30 | 168.4 K | Foundry Partners, Llc | 2024-09-30 | 158.4 K | Millennium Management Llc | 2024-06-30 | 152 K | Two Sigma Investments Llc | 2024-09-30 | 120.1 K | State Street Corp | 2024-06-30 | 112 K | Bridgeway Capital Management, Llc | 2024-09-30 | 97.3 K | Oberweis Asset Management Inc | 2024-06-30 | 80.9 K | Northern Trust Corp | 2024-09-30 | 77.1 K | Two Sigma Advisers, Llc | 2024-06-30 | 74.1 K | Blackrock Inc | 2024-06-30 | 565.4 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 553.1 K |
Universal Stainless Alloy 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 Universal Stainless insiders, such as employees or executives, is commonly permitted as long as it does not rely on Universal Stainless' 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 Universal Stainless 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.
Universal Stainless Outstanding Bonds
Universal Stainless 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. Universal Stainless Alloy 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 Universal bonds can be classified according to their maturity, which is the date when Universal Stainless Alloy 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.
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Universal Stainless Corporate Filings
| 27th of November 2024 Other Reports | ViewVerify | |
F4 | 22nd 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 |
| 15th of November 2024 Other Reports | ViewVerify | |
13A | 14th of November 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 |
Pair Trading with Universal Stainless
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 Universal Stainless 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 Universal Stainless will appreciate offsetting losses from the drop in the long position's value.Moving together with Universal Stock
Moving against Universal Stock
| 0.88 | GURE | Gulf Resources | PairCorr |
| 0.73 | BAK | Braskem SA Class | PairCorr |
| 0.73 | HLP | Hongli Group Ordinary | PairCorr |
| 0.68 | PKX | POSCO Holdings | PairCorr |
| 0.6 | DOW | Dow Inc Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Universal Stainless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Stainless 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 Universal Stainless - 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 Universal Stainless Alloy to buy it.
The correlation of Universal Stainless 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 Universal Stainless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Stainless Alloy 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 Universal Stainless 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 Universal Stock Analysis
When running Universal Stainless' price analysis, check to measure Universal Stainless' 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 Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.