Daily Journal Ownership
| DJCO Stock | USD 577.48 3.49 0.60% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 1.4 M | Current Value 1.4 M | Avarage Shares Outstanding 1.5 M | Quarterly Volatility 164.7 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.
Daily |
Daily Stock Ownership Analysis
About 61.0% of the company shares are held by institutions such as insurance companies. The book value of Daily Journal was currently reported as 182.9. The company recorded earning per share (EPS) of 32.63. Daily Journal Corp had not issued any dividends in recent years. Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. Daily Journal Corporation was incorporated in 1987 and is based in Los Angeles, California. Daily Journal operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 290 people. To learn more about Daily Journal Corp call Danny Hemnani at 213 229 5300 or check out https://www.dailyjournal.com.Besides selling stocks to institutional investors, Daily Journal 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 Daily Journal'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 Daily Journal'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.
Daily Journal Quarterly Liabilities And Stockholders Equity |
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Daily Journal Insider Trades History
About 10.0% of Daily Journal Corp are currently held by insiders. Unlike Daily Journal'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 Daily Journal'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 Daily Journal's insider trades
Daily Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Daily Journal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Daily Journal Corp backward and forwards among themselves. Daily Journal's institutional investor refers to the entity that pools money to purchase Daily Journal'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 | New York State Common Retirement Fund | 2024-09-30 | 9.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 8.6 K | Bank Of America Corp | 2024-06-30 | 7.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6.5 K | Renaissance Technologies Corp | 2024-09-30 | 5.6 K | Caprock Group Inc | 2024-09-30 | 5.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 4.9 K | Hpm Partners Llc | 2024-06-30 | 4.9 K | Goldman Sachs Group Inc | 2024-06-30 | 3.3 K | Rwwm Inc | 2024-09-30 | 318.2 K | Blackrock Inc | 2024-06-30 | 98.8 K |
Daily Journal Corp 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 Daily Journal insiders, such as employees or executives, is commonly permitted as long as it does not rely on Daily Journal'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 Daily Journal 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.
Gerald Salzman over a year ago Sale by Gerald Salzman of 2934 shares of Daily Journal |
Daily Journal Outstanding Bonds
Daily Journal 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. Daily Journal Corp 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 Daily bonds can be classified according to their maturity, which is the date when Daily Journal Corp 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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Daily Journal Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 11th of October 2024 Other Reports | ViewVerify | |
10Q | 14th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Daily Journal
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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.Moving together with Daily Stock
Moving against Daily Stock
The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal Corp 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 Daily Journal 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Publishing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Daily Journal. If investors know Daily will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Daily Journal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 33.498 | Earnings Share 32.63 | Revenue Per Share 52.002 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0136 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.