BurgerFi Ownership 2024 | Who Owns BurgerFi Now?


OverviewRevenueFinancialsChartTranscripts

Institutional Ownership

19.91%

Insider Ownership

43.87%

Retail Ownership

36.23%

Institutional Holders

27.00

BurgerFi Institutional Shareholders


Institutional Shareholders by % of Total Shares

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
LION POINT CAPITAL, LP10.16%1.02%2,745,938--557,425Jun 30, 2024
CATTERTON MANAGEMENT COMPANY, L.L.C.5.20%0.00%1,403,8231,403,823100.00%284,976Jun 30, 2024
M&T BANK CORP1.29%0.00%348,396-631,604-64.45%70,724Jun 30, 2024
VANGUARD GROUP INC0.83%-225,207-289,180-56.22%45,717Jun 30, 2024
GEODE CAPITAL MANAGEMENT, LLC0.45%-122,260-3,805-3.02%24,823Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC0.27%-72,70035,80097.02%14,758Jun 30, 2024
RAYMOND JAMES & ASSOCIATES0.27%-71,881--14,592Jun 30, 2024
BLACKROCK INC.0.24%-64,967--13,188Jun 30, 2024
STATE STREET CORP0.16%-43,393--8,809,000Jun 30, 2024
NORTHERN TRUST CORP0.14%-36,694-100-0.27%7,449,000Jun 30, 2024
XTX TOPCO LTD0.13%0.00%35,26535,265100.00%7,159Jun 30, 2024
HRT FINANCIAL LP0.12%-33,32433,324100.00%6,000Jun 30, 2024
MARINER, LLC0.12%-32,927--6,684Jun 30, 2024
ELLSWORTH ADVISORS, LLC0.09%0.00%25,4066,50034.38%5,157Jun 30, 2024
TWO SIGMA SECURITIES, LLC0.07%-19,70219,702100.00%4,000Jun 30, 2024
WELLS FARGO & COMPANY/MN0.05%-13,590-594-4.19%2,759Jun 30, 2024
MORGAN STANLEY0.05%-13,385--2,717Jun 30, 2024
GOLDMAN SACHS GROUP INC0.04%-11,60311,603100.00%2,355Jun 30, 2024
BUCKINGHAM STRATEGIC WEALTH, LLC0.04%-10,31210,312100.00%2,093Jun 30, 2024
CAPITAL ADVISORS, LTD. LLC0.02%0.00%4,1534,153100.00%1,000Jun 30, 2024

BurgerFi's largest institutional shareholder is LION POINT CAPITAL, LP, holding 10.16% of the company's total share outstanding, currently valued at $557.42K. The top 10 institutional shareholders own together 19.00% of the company.

Institutional Shareholders by % of Total Assets

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
LION POINT CAPITAL, LP10.16%1.02%2,745,938--557,425Jun 30, 2024
CATTERTON MANAGEMENT COMPANY, L.L.C.5.20%0.00%1,403,8231,403,823100.00%284,976Jun 30, 2024
ELLSWORTH ADVISORS, LLC0.09%0.00%25,4066,50034.38%5,157Jun 30, 2024
XTX TOPCO LTD0.13%0.00%35,26535,265100.00%7,159Jun 30, 2024
M&T BANK CORP1.29%0.00%348,396-631,604-64.45%70,724Jun 30, 2024
CAPITAL ADVISORS, LTD. LLC0.02%0.00%4,1534,153100.00%1,000Jun 30, 2024
TWO SIGMA SECURITIES, LLC0.07%-19,70219,702100.00%4,000Jun 30, 2024
HRT FINANCIAL LP0.12%-33,32433,324100.00%6,000Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC0.27%-72,70035,80097.02%14,758Jun 30, 2024
BUCKINGHAM STRATEGIC WEALTH, LLC0.04%-10,31210,312100.00%2,093Jun 30, 2024
MARINER, LLC0.12%-32,927--6,684Jun 30, 2024
RAYMOND JAMES & ASSOCIATES0.27%-71,881--14,592Jun 30, 2024
SUNBELT SECURITIES, INC.0.00%-219--44Jun 30, 2024
GEODE CAPITAL MANAGEMENT, LLC0.45%-122,260-3,805-3.02%24,823Jun 30, 2024
TD WATERHOUSE CANADA INC.0.00%-395395100.00%284Jun 30, 2024
NORTHERN TRUST CORP0.14%-36,694-100-0.27%7,449,000Jun 30, 2024
VANGUARD GROUP INC0.83%-225,207-289,180-56.22%45,717Jun 30, 2024
WELLS FARGO & COMPANY/MN0.05%-13,590-594-4.19%2,759Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-889780715.60%177Jun 30, 2024
GOLDMAN SACHS GROUP INC0.04%-11,60311,603100.00%2,355Jun 30, 2024

The largest BurgerFi shareholder by % of total assets is LION POINT CAPITAL, LP. The company owns 2.75M shares of BurgerFi (BFI), representing 1.02% of its total assets.

Institutional Buyers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
CATTERTON MANAGEMENT COMPANY, L.L.C.5.20%0.00%1,403,8231,403,823100.00%284,976Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC0.27%-72,70035,80097.02%14,758Jun 30, 2024
XTX TOPCO LTD0.13%0.00%35,26535,265100.00%7,159Jun 30, 2024
HRT FINANCIAL LP0.12%-33,32433,324100.00%6,000Jun 30, 2024
TWO SIGMA SECURITIES, LLC0.07%-19,70219,702100.00%4,000Jun 30, 2024
GOLDMAN SACHS GROUP INC0.04%-11,60311,603100.00%2,355Jun 30, 2024
BUCKINGHAM STRATEGIC WEALTH, LLC0.04%-10,31210,312100.00%2,093Jun 30, 2024
ELLSWORTH ADVISORS, LLC0.09%0.00%25,4066,50034.38%5,157Jun 30, 2024
CAPITAL ADVISORS, LTD. LLC0.02%0.00%4,1534,153100.00%1,000Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-889780715.60%177Jun 30, 2024
TD WATERHOUSE CANADA INC.0.00%-395395100.00%284Jun 30, 2024
BANK OF AMERICA CORP /DE/0.00%-116116100.00%24Jun 30, 2024
COMERICA BANK0.00%-60--12Jun 30, 2024
MORGAN STANLEY0.05%-13,385--2,717Jun 30, 2024
BLACKROCK INC.0.24%-64,967--13,188Jun 30, 2024
STATE STREET CORP0.16%-43,393--8,809,000Jun 30, 2024
SUNBELT SECURITIES, INC.0.00%-219--44Jun 30, 2024
RAYMOND JAMES & ASSOCIATES0.27%-71,881--14,592Jun 30, 2024
MARINER, LLC0.12%-32,927--6,684Jun 30, 2024
LION POINT CAPITAL, LP10.16%1.02%2,745,938--557,425Jun 30, 2024

As of Jun 30 2024, BurgerFi's largest institutional buyer is CATTERTON MANAGEMENT COMPANY, L.L.C.. The company purchased 1.40M stocks of BFI, valued at $284.98K.

Institutional Sellers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
M&T BANK CORP1.29%0.00%348,396-631,604-64.45%70,724Jun 30, 2024
VANGUARD GROUP INC0.83%-225,207-289,180-56.22%45,717Jun 30, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC----63,588-100.00%-Jun 30, 2024
UBS GROUP AG----11,330-100.00%-Jun 30, 2024
APOLLON WEALTH MANAGEMENT, LLC----10,075-100.00%-Jun 30, 2024
GEODE CAPITAL MANAGEMENT, LLC0.45%-122,260-3,805-3.02%24,823Jun 30, 2024
CWM, LLC----2,000-100.00%-Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC----1,402-100.00%-Jun 30, 2024
WELLS FARGO & COMPANY/MN0.05%-13,590-594-4.19%2,759Jun 30, 2024
NORTHERN TRUST CORP0.14%-36,694-100-0.27%7,449,000Jun 30, 2024
JPMORGAN CHASE & CO0.00%-400-40-9.09%81Jun 30, 2024
LION POINT CAPITAL, LP10.16%1.02%2,745,938--557,425Jun 30, 2024
MARINER, LLC0.12%-32,927--6,684Jun 30, 2024
RAYMOND JAMES & ASSOCIATES0.27%-71,881--14,592Jun 30, 2024
SUNBELT SECURITIES, INC.0.00%-219--44Jun 30, 2024
STATE STREET CORP0.16%-43,393--8,809,000Jun 30, 2024
BLACKROCK INC.0.24%-64,967--13,188Jun 30, 2024
MORGAN STANLEY0.05%-13,385--2,717Jun 30, 2024
COMERICA BANK0.00%-60--12Jun 30, 2024
BANK OF AMERICA CORP /DE/0.00%-116116100.00%24Jun 30, 2024

As of Jun 30 2024, BurgerFi's biggest institutional seller is M&T BANK CORP. The company sold -0.63M shares of BFI, valued at $70.72K.

Institutional New positions

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
CATTERTON MANAGEMENT COMPANY, L.L.C.5.20%0.00%1,403,8231,403,823100.00%284,976Jun 30, 2024
XTX TOPCO LTD0.13%0.00%35,26535,265100.00%7,159Jun 30, 2024
HRT FINANCIAL LP0.12%-33,32433,324100.00%6,000Jun 30, 2024
GOLDMAN SACHS GROUP INC0.04%-11,60311,603100.00%2,355Jun 30, 2024
BUCKINGHAM STRATEGIC WEALTH, LLC0.04%-10,31210,312100.00%2,093Jun 30, 2024
CAPITAL ADVISORS, LTD. LLC0.02%0.00%4,1534,153100.00%1,000Jun 30, 2024

BurgerFi's largest new institutional shareholder by number of shares is CATTERTON MANAGEMENT COMPANY, L.L.C., purchased 1.40M shares, valued at $284.98K, as of undefined.

Institutional Sold Out

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
BRIDGEWAY CAPITAL MANAGEMENT, LLC----63,588-100.00%-Jun 30, 2024
UBS GROUP AG----11,330-100.00%-Jun 30, 2024
APOLLON WEALTH MANAGEMENT, LLC----10,075-100.00%-Jun 30, 2024
CWM, LLC----2,000-100.00%-Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC----1,402-100.00%-Jun 30, 2024

BurgerFi's largest sold out institutional shareholder by shares sold is BRIDGEWAY CAPITAL MANAGEMENT, LLC, sold -63.59K shares, valued at -, as of undefined.

BurgerFi Mutual Fund Holders


Name% Total AssetsTotal SharesChange AmountChange %Date
VANGUARD VALLEY FORGE FUNDS0.03%18,200--Mar 31, 2024
BRIDGEWAY FUNDS INC0.03%63,588--Mar 28, 2024
VANGUARD INDEX FUNDS0.00%478,402-167,859-25.97%Mar 31, 2024
FIDELITY CONCORD STREET TRUST0.00%116,260-517-0.44%Feb 29, 2024
VANGUARD INSTITUTIONAL INDEX FUNDS0.00%14,006--Mar 31, 2024
SCHWAB CAPITAL TRUST0.00%5,891--Feb 29, 2024
USAA MUTUAL FUNDS TRUST0.00%1,263--Jan 31, 2024
EQ ADVISORS TRUST0.00%208--Mar 31, 2024

BurgerFi's largest mutual fund holder by % of total assets is "VANGUARD VALLEY FORGE FUNDS", owning 18.20K shares, compromising 0.03% of its total assets.

BurgerFi Institutional Ownership Trends


Institutional Holdings Trend

DateHoldingsChange %
30 Jun, 242717.39%
31 Mar, 2423-20.69%
31 Dec, 2329-9.38%
30 Sep, 23323.23%
30 Jun, 23316.90%
31 Mar, 2329-12.12%
31 Dec, 22333.13%
30 Sep, 2232-3.03%
30 Jun, 2233-2.94%
31 Mar, 2234-15.00%
31 Dec, 214014.29%
30 Sep, 2135-7.89%
30 Jun, 2138-20.83%
31 Mar, 2148108.70%
31 Dec, 2023-

As of 30 Jun 24, 27 institutions are holding BurgerFi's shares, representing an increase of 17.39% compared to the previous quarter.

Shares Outstanding Trend

DateShares OutstandingChange %
30 Jun, 245,378,97111.73%
31 Mar, 244,814,39518.60%
31 Dec, 234,059,3385.23%
30 Sep, 233,857,654-0.41%
30 Jun, 233,873,666-3.81%
31 Mar, 234,026,979-8.16%
31 Dec, 224,384,9376.07%
30 Sep, 224,133,887-11.17%
30 Jun, 224,653,815-3.47%
31 Mar, 224,821,3062.96%
31 Dec, 214,682,5643.25%
30 Sep, 214,535,211-7.66%
30 Jun, 214,911,6073.04%
31 Mar, 214,766,54242.31%
31 Dec, 203,349,381-

BurgerFi (BFI) has 5.38M shares outstanding as of 30 Jun 24, up 11.73% compared to the previous quarter.

Institutional Ownership Trend

DateOwnership %Change %
30 Jun, 2419.91%5.59%
31 Mar, 2418.86%8.22%
31 Dec, 2315.15%6.31%
30 Sep, 2315.50%5.74%
30 Jun, 2316.44%5.63%
31 Mar, 2317.09%4.37%
31 Dec, 2219.78%5.73%
30 Sep, 2218.58%4.23%
30 Jun, 2220.95%4.35%
31 Mar, 2221.95%4.54%
31 Dec, 2121.98%3.42%
30 Sep, 2125.35%3.36%
30 Jun, 2127.46%3.84%
31 Mar, 2126.76%7.26%
31 Dec, 2019.20%-

As of 30 Jun 24, BurgerFi is held by 19.91% institutional shareholders, representing a 5.59% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

DateIncreased PositionsChange %
30 Jun, 2413116.67%
31 Mar, 246-25.00%
31 Dec, 238-33.33%
30 Sep, 231271.43%
30 Jun, 237-22.22%
31 Mar, 239-25.00%
31 Dec, 2212200.00%
30 Sep, 224-33.33%
30 Jun, 226-60.00%
31 Mar, 2215-25.00%
31 Dec, 212053.85%
30 Sep, 2113-27.78%
30 Jun, 2118-48.57%
31 Mar, 213552.17%
31 Dec, 2023-

13 institutional shareholders have increased their position in BFI stock as of 30 Jun 24 compared to 6 in the previous quarter (a 116.67% increase).

Institutional Reduced Positions Trend

DateReduced PositionsChange %
30 Jun, 24620.00%
31 Mar, 245-16.67%
31 Dec, 23620.00%
30 Sep, 235-50.00%
30 Jun, 231011.11%
31 Mar, 239-
31 Dec, 229-35.71%
30 Sep, 2214-6.67%
30 Jun, 221525.00%
31 Mar, 2212-7.69%
31 Dec, 21138.33%
30 Sep, 211220.00%
30 Jun, 2110233.33%
31 Mar, 213-
31 Dec, 20--

6 institutional shareholders have reduced their position in BFI stock as of 30 Jun 24 compared to 5 in the previous quarter (a 20.00% increase).

All Institutional Ownership Trend Data

DateHoldingsChange %Shares OutstandingChange %Ownership %Change %Increased PositionsChange %Reduced PositionsChange %
30 Jun, 242717.39%5,378,97111.73%19.91%5.59%13116.67%620.00%
31 Mar, 2423-20.69%4,814,39518.60%18.86%8.22%6-25.00%5-16.67%
31 Dec, 2329-9.38%4,059,3385.23%15.15%6.31%8-33.33%620.00%
30 Sep, 23323.23%3,857,654-0.41%15.50%5.74%1271.43%5-50.00%
30 Jun, 23316.90%3,873,666-3.81%16.44%5.63%7-22.22%1011.11%
31 Mar, 2329-12.12%4,026,979-8.16%17.09%4.37%9-25.00%9-
31 Dec, 22333.13%4,384,9376.07%19.78%5.73%12200.00%9-35.71%
30 Sep, 2232-3.03%4,133,887-11.17%18.58%4.23%4-33.33%14-6.67%
30 Jun, 2233-2.94%4,653,815-3.47%20.95%4.35%6-60.00%1525.00%
31 Mar, 2234-15.00%4,821,3062.96%21.95%4.54%15-25.00%12-7.69%
31 Dec, 214014.29%4,682,5643.25%21.98%3.42%2053.85%138.33%
30 Sep, 2135-7.89%4,535,211-7.66%25.35%3.36%13-27.78%1220.00%
30 Jun, 2138-20.83%4,911,6073.04%27.46%3.84%18-48.57%10233.33%
31 Mar, 2148108.70%4,766,54242.31%26.76%7.26%3552.17%3-
31 Dec, 2023-3,349,381-19.20%-23---

BurgerFi Insider Shareholders Trades


Open Market Insider Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource

Open Market Insider Buys

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource

Insider Sells

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
May 13, 2024Zavolta Michelleofficer Chief People OfficerF-InKindSell9,391$0.41$3.82K28,985
May 13, 2024Zavolta Michelleofficer Chief People OfficerM-ExemptSell31,667---
Apr 22, 2024Jones Christopher Emlynofficer Chief Financial OfficerF-InKindSell19,866$0.58$11.48K47,134
Apr 22, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerF-InKindSell69,261$0.58$40.03K225,239
Apr 11, 2024Sternberg Ophirdirector, 10 percent owner, officer Executive ChairmanM-ExemptSell140,000--330,000
Apr 11, 2024Jones Christopher Emlynofficer Chief Financial OfficerM-ExemptSell40,000--360,000
Apr 11, 2024Jones Christopher Emlynofficer Chief Financial OfficerM-ExemptSell27,000--320,000
Apr 11, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerM-ExemptSell100,000--900,000
Apr 11, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerM-ExemptSell67,500--800,000

All Insider Owners Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
May 15, 2024Nash Tadofficer Chief Technology OfficerA-AwardBuy95,000--95,000
May 15, 2024Nash Tadofficer-Buy----
May 13, 2024Zavolta Michelleofficer Chief People OfficerA-AwardBuy63,333--63,333
May 13, 2024Zavolta Michelleofficer Chief People OfficerM-ExemptBuy31,667--38,376
May 13, 2024Zavolta Michelleofficer Chief People OfficerA-AwardBuy31,667--31,667
May 13, 2024Zavolta Michelleofficer Chief People OfficerF-InKindSell9,391$0.41$3.82K28,985
May 13, 2024Zavolta Michelleofficer Chief People OfficerM-ExemptSell31,667---
Apr 22, 2024Jones Christopher Emlynofficer Chief Financial OfficerF-InKindSell19,866$0.58$11.48K47,134
Apr 22, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerF-InKindSell69,261$0.58$40.03K225,239
Apr 11, 2024Sternberg Ophirdirector, 10 percent owner, officer Executive ChairmanM-ExemptBuy140,000--1,695,956
Apr 11, 2024Sternberg Ophirdirector, 10 percent owner, officer Executive ChairmanM-ExemptSell140,000--330,000
Apr 11, 2024Jones Christopher Emlynofficer Chief Financial OfficerM-ExemptSell40,000--360,000
Apr 11, 2024Jones Christopher Emlynofficer Chief Financial OfficerM-ExemptSell27,000--320,000
Apr 11, 2024Jones Christopher Emlynofficer Chief Financial OfficerM-ExemptBuy67,000--67,000
Apr 11, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerM-ExemptSell100,000--900,000
Apr 11, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerM-ExemptSell67,500--800,000
Apr 11, 2024Bachmann Carl J. IIIofficer Chief Executive OfficerM-ExemptBuy167,500--294,500
Apr 01, 2024HEIDECORN DAVIDdirector-A-AwardBuy7,583--116,279
Apr 01, 2024Mann Gregory Williamdirector-A-AwardBuy7,583--116,279
Apr 01, 2024Greenfield Allisondirector-A-AwardBuy7,583--116,279

The last insider sell of BurgerFi's stock was made by Zavolta Michelle on May 13 2024, selling 9,391 shares at $0.41 per share (valued at $3.82K).

BurgerFi Insider Ownership Trends


All Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q2 20247977.78%
Q1 2024114425.00%
Q4 202333010.00%
Q3 202363200.00%
Q2 202352123.81%
Q1 2023227628.95%
Q4 20224666.06%
Q3 2022-23-
Q2 202221118.18%
Q1 20221913146.15%
Q4 202191275.00%
Q3 2021162080.00%
Q2 2021-24-
Q1 2021-3-
Q4 2020161984.21%
Q2 2020-5-
Q4 2019-1-
Q3 20191333.33%
Q1 201932150.00%
Q4 2018---

7 total buy trades, and 9 total sell trades (buy/sell ratio of 0.78%) were made by BurgerFi's insiders, as of Q2 2024.

Open Market Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q2 2024---
Q1 2024-43-
Q4 2023-24-
Q3 2023---
Q2 2023-16-
Q1 20235637.94%
Q4 2022-57-
Q3 2022-23-
Q2 2022-6-
Q1 20224666.67%
Q4 20211333.33%
Q3 2021-13-
Q2 2021-21-
Q1 2021---
Q4 20206--
Q2 2020---
Q4 2019---
Q3 2019-1-
Q1 2019---
Q4 2018---

As of Q2 2024, Insider owners conducted 0 open market buy trades and 0 open market sell trades of BurgerFi's stocks.

BurgerFi Peer Ownership


TickerCompany
WINGWingstop Inc.
EATBrinker International, Inc.
ARCOArcos Dorados Holdings Inc.
CAKEThe Cheesecake Factory Incorporated
CHUYChuy's Holdings, Inc.
NATHNathan's Famous, Inc.
DINDine Brands Global, Inc.
JACKJack in the Box Inc.
BJRIBJ's Restaurants, Inc.
GTIMGood Times Restaurants Inc.
PBPBPotbelly Corporation

BFI Ownership FAQ


BurgerFi is owned by institutional shareholders (19.91%), insiders (43.87%), and public (36.23%). The largest institutional shareholder of BurgerFi is LION POINT CAPITAL, LP (10.16% of total shares) and the top mutual fund owner is VANGUARD VALLEY FORGE FUNDS (0.03% of total shares).

BurgerFi's major institutional shareholders are LION POINT CAPITAL, LP, CATTERTON MANAGEMENT COMPANY, L.L.C., M&T BANK CORP, VANGUARD GROUP INC, and GEODE CAPITAL MANAGEMENT, LLC. The top five shareholders own together 17.93% of the company's share outstanding.

As of Jun 2024, there are 27 institutional shareholders of BurgerFi.

LION POINT CAPITAL, LP owns 2.75M shares of BurgerFi, representing 10.16% of the company's total shares outstanding, valued at $557.42K (as of Jun 2024).

As of Jun 2024, CATTERTON MANAGEMENT COMPANY, L.L.C holds 1.4M shares of BurgerFi (BFI), compromising 5.20% of the company, valued at $284.98K.

M&T BANK CORP is the third largest holder of BurgerFi. The company owns 348.4K of the company's shares outstanding (worth $70.72K).