AssetMark Financial (AMK) News Today

AssetMark Financial (NYSE:AMK) Sees Unusually-High Trading Volume

AssetMark Financial Holdings, Inc. (NYSE:AMK - Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 901,500 shares, an increase of 16.3% from the June 15th total of 775,000 shares. Based on an average trading volume of 532,600 shares, the days-to-cover ratio is currently 1.7 days. Currently, 4.1% of the company's stock are short sold.

AssetMark Financial Holdings, Inc. (NYSE:AMK - Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 775,000 shares, a growth of 80.7% from the May 31st total of 428,800 shares. Approximately 3.5% of the shares of the company are sold short. Based on an average daily trading volume, of 526,400 shares, the short-interest ratio is currently 1.5 days.

Hodges Capital Management Inc. bought a new stake in shares of AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 60,000 shares of the company's stock, valued at approximately $2,12

Los Angeles Capital Management LLC lowered its stake in shares of AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) by 50.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,909 shares of the company's stock a

AssetMark Financial Holdings, Inc. (NYSE:AMK - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 428,800 shares, an increase of 54.4% from the May 15th total of 277,700 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily trading volume, of 477,300 shares, the days-to-cover ratio is presently 0.9 days.

AssetMark Financial (NYSE:AMK) Sees Unusually-High Trading Volume

Azora Capital LP grew its stake in AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) by 32.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 465,355 shares of the company's stock afte

Dimensional Fund Advisors LP raised its holdings in AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) by 11.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 943,396 shares of the company's stock after

One Charles Private Wealth Services LLC purchased a new position in shares of AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 41,390 shares of the company

AssetMark Financial (NYSE:AMK - Get Free Report) posted its earnings results on Wednesday. The company reported $0.60 EPS for the quarter, hitting the consensus estimate of $0.60. AssetMark Financial had a return on equity of 13.15% and a net margin of 19.92%. The business had revenue of $190.27 million during the quarter, compared to analysts' expectations of $143.91 million. During the same period in the previous year, the business earned $0.53 earnings per share. The firm's revenue was up 11.7% on a year-over-year basis.

JPMorgan Chase & Co. cut AssetMark Financial from an "overweight" rating to a "neutral" rating and set a $37.00 price objective on the stock. in a research report on Friday.

Jennison Associates LLC raised its stake in AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,853,384 shares of the comp

Phocas Financial Corp. acquired a new position in shares of AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 108,464 shares of the company's stock, valued at approximately $3,24

AssetMark Financial Holdings, Inc. (NYSE:AMK - Free Report) - Stock analysts at William Blair reduced their Q1 2024 earnings per share (EPS) estimates for AssetMark Financial in a report issued on Wednesday, April 10th. William Blair analyst J. Schmitt now anticipates that the company will post e

Raymond James raised their price target on shares of AssetMark Financial from $39.00 to $41.00 and gave the stock a "strong-buy" rating in a report on Thursday.

AssetMark Financial (NYSE:AMK) Sets New 12-Month High at $36.75

AssetMark Financial Holdings, Inc. (NYSE:AMK - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 204,000 shares, a decrease of 19.8% from the February 29th total of 254,500 shares. Based on an average trading volume of 145,400 shares, the short-interest ratio is presently 1.4 days. Approximately 0.9% of the company's stock are sold short.

AssetMark Financial Holdings, Inc. (NYSE:AMK - Get Free Report) was the target of a large increase in short interest in the month of February. As of February 29th, there was short interest totalling 254,500 shares, an increase of 11.4% from the February 14th total of 228,400 shares. Based on an average daily volume of 141,600 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.2% of the company's shares are short sold.