Baird Financial Group Inc. increased its holdings in shares of TMC the metals company Inc. (NASDAQ:TMC – Get Rating) by 69.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,025,623 shares of the company’s stock after buying an additional 827,023 shares during the quarter. Baird Financial Group Inc. owned 0.89% of TMC the metals worth $2,086,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Lynwood Capital Management Inc. acquired a new position in TMC the metals in the 1st quarter worth about $1,813,000. Bank of Montreal Can increased its holdings in TMC the metals by 5,685.4% in the 1st quarter. Bank of Montreal Can now owns 607,470 shares of the company’s stock worth $1,331,000 after purchasing an additional 596,970 shares in the last quarter. Luminus Management LLC acquired a new position in TMC the metals in the 1st quarter worth about $971,000. Toroso Investments LLC increased its holdings in TMC the metals by 92.1% in the 1st quarter. Toroso Investments LLC now owns 754,602 shares of the company’s stock worth $1,954,000 after purchasing an additional 361,847 shares in the last quarter. Finally, Highbridge Capital Management LLC increased its holdings in TMC the metals by 75.9% in the 1st quarter. Highbridge Capital Management LLC now owns 714,480 shares of the company’s stock worth $1,851,000 after purchasing an additional 308,313 shares in the last quarter. 35.98% of the stock is currently owned by institutional investors.
TMC the metals Stock Down 6.1 %
Shares of TMC opened at $0.87 on Thursday. The business has a 50-day simple moving average of $1.01 and a two-hundred day simple moving average of $1.08. TMC the metals company Inc. has a 12-month low of $0.77 and a 12-month high of $3.99.
In other news, insider Anthony O’sullivan sold 50,686 shares of the stock in a transaction dated Friday, September 30th. The stock was sold at an average price of $1.04, for a total value of $52,713.44. Following the completion of the sale, the insider now owns 312,500 shares of the company’s stock, valued at $325,000. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 30.20% of the company’s stock.
About TMC the metals
TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. The company primarily explores for nickel, cobalt, copper, and manganese products.
- Get a free copy of the StockNews.com research report on TMC the metals (TMC)
- International Game Technology is Well Worth the Gamble
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Use The Airbnb Stock Implosion to Your Advantage
- Why Lowe’s Is Up And Home Depot Down
- The TJX Companies Could Break Out To New Highs
Receive News & Ratings for TMC the metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMC the metals and related companies with MarketBeat.com's FREE daily email newsletter.