Magyar Bancorp Ownership
| MGYR Stock | USD 13.91 0.26 1.90% |
Shares in Circulation | First Issued 2004-12-31 | Previous Quarter 6.3 M | Current Value 6.2 M | Avarage Shares Outstanding 6 M | Quarterly Volatility 500.8 K |
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.
Magyar |
Magyar Stock Ownership Analysis
About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.8. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magyar Bancorp last dividend was issued on the 14th of November 2024. The entity had 1221:1000 split on the 15th of July 2021. Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. As of July 21, 2021, Magyar Bancorp, Inc. was formerly a subsidiary of Magyar Bancorp, MHC Magyar Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 94 people. To find out more about Magyar Bancorp contact John Fitzgerald at 732 342 7600 or learn more at https://www.magbank.com.Besides selling stocks to institutional investors, Magyar Bancorp 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 Magyar Bancorp'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 Magyar Bancorp'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.
Magyar Bancorp Quarterly Liabilities And Stockholders Equity |
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Magyar Bancorp Insider Trades History
About 18.0% of Magyar Bancorp are currently held by insiders. Unlike Magyar Bancorp'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 Magyar Bancorp'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 Magyar Bancorp's insider trades
Magyar Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Magyar Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magyar Bancorp backward and forwards among themselves. Magyar Bancorp's institutional investor refers to the entity that pools money to purchase Magyar Bancorp'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 | Renaissance Technologies Corp | 2024-09-30 | 14.3 K | Bridgeway Capital Management, Llc | 2024-09-30 | 13.6 K | Blackrock Inc | 2024-06-30 | 13.4 K | Private Advisor Group, Llc | 2024-09-30 | 11.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 7.6 K | Ubs Group Ag | 2024-06-30 | 1.1 K | Pom Investment Strategies, Llc | 2024-09-30 | 428 | Royal Bank Of Canada | 2024-06-30 | 117 | Bank Of America Corp | 2024-06-30 | 108 | Alliancebernstein L.p. | 2024-06-30 | 653.4 K | M3f, Inc. | 2024-09-30 | 463 K |
Magyar Bancorp 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 Magyar Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Magyar Bancorp'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 Magyar Bancorp 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.
Magyar Bancorp Outstanding Bonds
Magyar Bancorp 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. Magyar Bancorp 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 Magyar bonds can be classified according to their maturity, which is the date when Magyar Bancorp 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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Magyar Bancorp Corporate Filings
8K | 22nd of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of September 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 |
10Q | 13th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 18th of June 2024 Other Reports | ViewVerify |
Pair Trading with Magyar Bancorp
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 Magyar Bancorp 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 Magyar Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Magyar Stock
Moving against Magyar Stock
| 0.58 | CFG-PE | Citizens Financial | PairCorr |
| 0.57 | TFC-PO | Truist Financial | PairCorr |
| 0.54 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to Magyar Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magyar Bancorp 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 Magyar Bancorp - 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 Magyar Bancorp to buy it.
The correlation of Magyar Bancorp 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 Magyar Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magyar Bancorp 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 Magyar Bancorp 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 Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.