TAT Ownership 2024 | Who Owns TAT Now?


OverviewRevenueFinancialsChart

Institutional Ownership

7.14%

0

Institutional Holders

10.00

TAT Institutional Shareholders


Institutional Shareholders by % of Total Shares

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
MEITAV INVESTMENT HOUSE LTD3.95%0.11%410,000--6,129,822Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC1.71%0.00%177,102-4,100-2.26%2,638,820Jun 30, 2024
Y.D. MORE INVESTMENTS LTD0.85%0.13%87,75687,756100.00%1,312,021Jun 30, 2024
ACUITAS INVESTMENTS, LLC0.41%0.34%42,275-12,435-22.73%631,159Jun 30, 2024
JPMORGAN CHASE & CO0.11%-11,1962,80933.49%167,380Jun 30, 2024
MARQUETTE ASSET MANAGEMENT, LLC0.07%0.02%7,628-6,258-45.07%113,658Jun 30, 2024
MORGAN STANLEY0.04%-4,3081,90579.28%64,189Jun 30, 2024
BANK OF AMERICA CORP /DE/0.01%-628-1-0.16%9,357Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-500500100.00%7,375Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)--11100.00%15Jun 30, 2024
PINNACLE HOLDINGS, LLC----2,346-100.00%-Jun 30, 2024
UBS GROUP AG----3,863-100.00%-Jun 30, 2024

TAT's largest institutional shareholder is MEITAV INVESTMENT HOUSE LTD, holding 3.95% of the company's total share outstanding, currently valued at $6.13M. The top 10 institutional shareholders own together 7.14% of the company.

Institutional Shareholders by % of Total Assets

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
ACUITAS INVESTMENTS, LLC0.41%0.34%42,275-12,435-22.73%631,159Jun 30, 2024
Y.D. MORE INVESTMENTS LTD0.85%0.13%87,75687,756100.00%1,312,021Jun 30, 2024
MEITAV INVESTMENT HOUSE LTD3.95%0.11%410,000--6,129,822Jun 30, 2024
MARQUETTE ASSET MANAGEMENT, LLC0.07%0.02%7,628-6,258-45.07%113,658Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC1.71%0.00%177,102-4,100-2.26%2,638,820Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-500500100.00%7,375Jun 30, 2024
JPMORGAN CHASE & CO0.11%-11,1962,80933.49%167,380Jun 30, 2024
MORGAN STANLEY0.04%-4,3081,90579.28%64,189Jun 30, 2024
BANK OF AMERICA CORP /DE/0.01%-628-1-0.16%9,357Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)--11100.00%15Jun 30, 2024
PINNACLE HOLDINGS, LLC----2,346-100.00%-Jun 30, 2024
UBS GROUP AG----3,863-100.00%-Jun 30, 2024

The largest TAT shareholder by % of total assets is ACUITAS INVESTMENTS, LLC. The company owns 42.27K shares of TAT (TATT), representing 0.34% of its total assets.

Institutional Buyers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
Y.D. MORE INVESTMENTS LTD0.85%0.13%87,75687,756100.00%1,312,021Jun 30, 2024
JPMORGAN CHASE & CO0.11%-11,1962,80933.49%167,380Jun 30, 2024
MORGAN STANLEY0.04%-4,3081,90579.28%64,189Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-500500100.00%7,375Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)--11100.00%15Jun 30, 2024
MEITAV INVESTMENT HOUSE LTD3.95%0.11%410,000--6,129,822Jun 30, 2024
BANK OF AMERICA CORP /DE/0.01%-628-1-0.16%9,357Jun 30, 2024
PINNACLE HOLDINGS, LLC----2,346-100.00%-Jun 30, 2024
UBS GROUP AG----3,863-100.00%-Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC1.71%0.00%177,102-4,100-2.26%2,638,820Jun 30, 2024
MARQUETTE ASSET MANAGEMENT, LLC0.07%0.02%7,628-6,258-45.07%113,658Jun 30, 2024
ACUITAS INVESTMENTS, LLC0.41%0.34%42,275-12,435-22.73%631,159Jun 30, 2024

As of Jun 30 2024, TAT's largest institutional buyer is Y.D. MORE INVESTMENTS LTD. The company purchased 87.76K stocks of TATT, valued at $1.31M.

Institutional Sellers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
ACUITAS INVESTMENTS, LLC0.41%0.34%42,275-12,435-22.73%631,159Jun 30, 2024
MARQUETTE ASSET MANAGEMENT, LLC0.07%0.02%7,628-6,258-45.07%113,658Jun 30, 2024
RENAISSANCE TECHNOLOGIES LLC1.71%0.00%177,102-4,100-2.26%2,638,820Jun 30, 2024
UBS GROUP AG----3,863-100.00%-Jun 30, 2024
PINNACLE HOLDINGS, LLC----2,346-100.00%-Jun 30, 2024
BANK OF AMERICA CORP /DE/0.01%-628-1-0.16%9,357Jun 30, 2024
MEITAV INVESTMENT HOUSE LTD3.95%0.11%410,000--6,129,822Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)--11100.00%15Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-500500100.00%7,375Jun 30, 2024
MORGAN STANLEY0.04%-4,3081,90579.28%64,189Jun 30, 2024
JPMORGAN CHASE & CO0.11%-11,1962,80933.49%167,380Jun 30, 2024
Y.D. MORE INVESTMENTS LTD0.85%0.13%87,75687,756100.00%1,312,021Jun 30, 2024

As of Jun 30 2024, TAT's biggest institutional seller is ACUITAS INVESTMENTS, LLC. The company sold -12.44K shares of TATT, valued at $631.16K.

Institutional New positions

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
Y.D. MORE INVESTMENTS LTD0.85%0.13%87,75687,756100.00%1,312,021Jun 30, 2024
ADVISOR GROUP HOLDINGS, INC.0.00%-500500100.00%7,375Jun 30, 2024

TAT's largest new institutional shareholder by number of shares is Y.D. MORE INVESTMENTS LTD, purchased 87.76K shares, valued at $1.31M, as of undefined.

Institutional Sold Out

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
UBS GROUP AG----3,863-100.00%-Jun 30, 2024
PINNACLE HOLDINGS, LLC----2,346-100.00%-Jun 30, 2024

TAT's largest sold out institutional shareholder by shares sold is UBS GROUP AG, sold -3.86K shares, valued at -, as of undefined.

TAT Mutual Fund Holders


Name% Total AssetsTotal SharesChange AmountChange %Date
UNIFIED SERIES TRUST0.01%25,0002,0008.70%Feb 29, 2024

TAT's largest mutual fund holder by % of total assets is "UNIFIED SERIES TRUST", owning 25.00K shares, compromising 0.01% of its total assets.

TAT Institutional Ownership Trends


Institutional Holdings Trend

DateHoldingsChange %
30 Jun, 2410-
31 Mar, 2410-
31 Dec, 2310100.00%
30 Sep, 235-
30 Jun, 235-28.57%
31 Mar, 237-
31 Dec, 22740.00%
30 Sep, 225-16.67%
30 Jun, 226-
31 Mar, 226-14.29%
31 Dec, 217-22.22%
30 Sep, 219-
30 Jun, 21928.57%
31 Mar, 21740.00%
31 Dec, 20525.00%
30 Sep, 204-
30 Jun, 204-
31 Mar, 204-20.00%
31 Dec, 195-28.57%
30 Sep, 197-12.50%
30 Jun, 198-11.11%
31 Mar, 19928.57%
31 Dec, 187-
30 Sep, 187-12.50%
30 Jun, 18833.33%
31 Mar, 186-14.29%
31 Dec, 177-12.50%
30 Sep, 178-
30 Jun, 17860.00%
31 Mar, 17525.00%
31 Dec, 164-33.33%
30 Sep, 16620.00%
30 Jun, 165-16.67%
31 Mar, 16620.00%
31 Dec, 15525.00%
30 Sep, 154-
30 Jun, 154-20.00%
31 Mar, 155-16.67%
31 Dec, 14620.00%
30 Sep, 14525.00%
30 Jun, 144-20.00%
31 Mar, 14566.67%
31 Dec, 13350.00%
30 Sep, 132-50.00%
30 Jun, 134-
31 Dec, 121-
30 Sep, 121-
30 Jun, 121-66.67%
31 Mar, 123200.00%
31 Dec, 111-
30 Sep, 111-
30 Jun, 111-
31 Mar, 111-
31 Dec, 101-
30 Sep, 092-
30 Sep, 081-
30 Sep, 071-
30 Jun, 071-

As of 30 Jun 24, 10 institutions are holding TAT's shares, representing an increase of 0.00% compared to the previous quarter.

Shares Outstanding Trend

DateShares OutstandingChange %
30 Jun, 24741,3947.76%
31 Mar, 24688,006-16.45%
31 Dec, 23823,460121.47%
30 Sep, 23371,816-4.47%
30 Jun, 23389,2143.02%
31 Mar, 23377,8198.71%
31 Dec, 22347,535-3.66%
30 Sep, 22360,755-3.56%
30 Jun, 22374,0792.02%
31 Mar, 22366,660-14.81%
31 Dec, 21430,416-8.51%
30 Sep, 21470,440-0.14%
30 Jun, 21471,1177.23%
31 Mar, 21439,349-2.29%
31 Dec, 20449,62319.53%
30 Sep, 20376,163-15.41%
30 Jun, 20444,7110.78%
31 Mar, 20441,2840.45%
31 Dec, 19439,287-3.98%
30 Sep, 19457,4930.11%
30 Jun, 19456,990-0.07%
31 Mar, 19457,2882.44%
31 Dec, 18446,3831.01%
30 Sep, 18441,90092.31%
30 Jun, 18229,7916.05%
31 Mar, 18216,689-12.15%
31 Dec, 17246,657-4.37%
30 Sep, 17257,9361.38%
30 Jun, 17254,41563.27%
31 Mar, 17155,8294.88%
31 Dec, 16148,5750.04%
30 Sep, 16148,514-4.04%
30 Jun, 16154,763-13.72%
31 Mar, 16179,3774.98%
31 Dec, 15170,866-3.47%
30 Sep, 15177,0080.11%
30 Jun, 15176,81224.45%
31 Mar, 15142,072-6.93%
31 Dec, 14152,64912.05%
30 Sep, 14136,2356.04%
30 Jun, 14128,4721.50%
31 Mar, 14126,5687.52%
31 Dec, 13117,7129.00%
30 Sep, 13107,9930.52%
30 Jun, 13107,438-
31 Dec, 12101,7000.39%
30 Sep, 12101,300220.57%
30 Jun, 1231,600-80.29%
31 Mar, 12160,350144.44%
31 Dec, 1165,600-35.87%
30 Sep, 11102,30064.73%
30 Jun, 1162,10031.08%
31 Mar, 1147,374132.23%
31 Dec, 1020,400-
30 Sep, 09277,389-
30 Sep, 08427-
30 Sep, 0740,190139.23%
30 Jun, 0716,800-

TAT (TATT) has 741.39K shares outstanding as of 30 Jun 24, up 7.76% compared to the previous quarter.

Institutional Ownership Trend

DateOwnership %Change %
30 Jun, 247.14%16.26%
31 Mar, 246.63%7.85%
31 Dec, 239.19%52.99%
30 Sep, 234.16%21.98%
30 Jun, 234.35%24.21%
31 Mar, 234.24%27.81%
31 Dec, 223.90%23.63%
30 Sep, 224.06%22.94%
30 Jun, 224.21%24.73%
31 Mar, 224.13%17.54%
31 Dec, 214.85%17.26%
30 Sep, 215.30%18.81%
30 Jun, 215.31%21.66%
31 Mar, 214.95%19.29%
31 Dec, 205.07%28.20%
30 Sep, 204.24%15.63%
30 Jun, 205.21%21.06%
31 Mar, 204.97%20.29%
31 Dec, 194.95%18.63%
30 Sep, 195.16%19.39%
30 Jun, 195.16%19.42%
31 Mar, 195.15%19.70%
31 Dec, 185.11%20.63%
30 Sep, 184.98%69.54%
30 Jun, 182.68%44.61%
31 Mar, 182.45%31.51%
31 Dec, 172.79%32.80%
30 Sep, 172.92%35.10%
30 Jun, 172.88%92.50%
31 Mar, 171.77%62.32%
31 Dec, 161.68%59.47%
30 Sep, 161.68%53.91%
30 Jun, 161.77%42.79%
31 Mar, 162.03%54.00%
31 Dec, 151.94%48.04%
30 Sep, 152.01%49.87%
30 Jun, 152.01%77.16%
31 Mar, 151.61%53.68%
31 Dec, 141.73%71.02%
30 Sep, 141.56%73.39%
30 Jun, 141.46%70.61%
31 Mar, 141.44%80.32%
31 Dec, 131.34%88.80%
30 Sep, 131.23%82.32%
30 Jun, 131.22%-
31 Dec, 121.15%87.24%
30 Sep, 121.15%895.17%
30 Jun, 120.36%10.84%
31 Mar, 121.82%328.46%
31 Dec, 110.74%55.26%
30 Sep, 111.16%233.83%
30 Jun, 110.70%243.92%
31 Mar, 110.54%1003.59%
31 Dec, 100.23%-
30 Sep, 093.08%-
30 Sep, 080.01%-
30 Sep, 070.63%960.67%
30 Jun, 070.26%-

As of 30 Jun 24, TAT is held by 7.14% institutional shareholders, representing a 16.26% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

DateIncreased PositionsChange %
30 Jun, 245-16.67%
31 Mar, 246-25.00%
31 Dec, 238700.00%
30 Sep, 231-50.00%
30 Jun, 232-
31 Mar, 232-
31 Dec, 222-
30 Sep, 222-33.33%
30 Jun, 22350.00%
31 Mar, 222100.00%
31 Dec, 211-75.00%
30 Sep, 21433.33%
30 Jun, 213-40.00%
31 Mar, 215150.00%
31 Dec, 202100.00%
30 Sep, 201-50.00%
30 Jun, 202100.00%
31 Mar, 201-50.00%
31 Dec, 192-
30 Sep, 192-
30 Jun, 192-71.43%
31 Mar, 19775.00%
31 Dec, 184-20.00%
30 Sep, 18525.00%
30 Jun, 184300.00%
31 Mar, 181-66.67%
31 Dec, 173-25.00%
30 Sep, 174-50.00%
30 Jun, 178100.00%
31 Mar, 174100.00%
31 Dec, 162-50.00%
30 Sep, 164300.00%
30 Jun, 161-66.67%
31 Mar, 163-
31 Dec, 15350.00%
30 Sep, 152-50.00%
30 Jun, 154-
31 Mar, 154-
31 Dec, 144-
30 Sep, 144100.00%
30 Jun, 142-50.00%
31 Mar, 14433.33%
31 Dec, 13350.00%
30 Sep, 132-50.00%
30 Jun, 134-
31 Dec, 121-
30 Sep, 121-
30 Jun, 12--100.00%
31 Mar, 122100.00%
31 Dec, 111-
30 Sep, 111-
30 Jun, 111-
31 Mar, 111-
31 Dec, 101-
30 Sep, 092-
30 Sep, 081-
30 Sep, 071-
30 Jun, 071-

5 institutional shareholders have increased their position in TATT stock as of 30 Jun 24 compared to 6 in the previous quarter (a -16.67% decrease).

Institutional Reduced Positions Trend

DateReduced PositionsChange %
30 Jun, 244100.00%
31 Mar, 242-
31 Dec, 23--100.00%
30 Sep, 232100.00%
30 Jun, 231-66.67%
31 Mar, 233-
31 Dec, 223200.00%
30 Sep, 221-
30 Jun, 221-50.00%
31 Mar, 222-33.33%
31 Dec, 213-
30 Sep, 213-25.00%
30 Jun, 214-
31 Mar, 21--100.00%
31 Dec, 202-
30 Sep, 202100.00%
30 Jun, 201-50.00%
31 Mar, 202-33.33%
31 Dec, 193-25.00%
30 Sep, 194100.00%
30 Jun, 192-
31 Mar, 19--100.00%
31 Dec, 182100.00%
30 Sep, 181-75.00%
30 Jun, 184-
31 Mar, 184-
31 Dec, 17433.33%
30 Sep, 173-
30 Jun, 17--
31 Mar, 17--100.00%
31 Dec, 161-
30 Sep, 161-75.00%
30 Jun, 16433.33%
31 Mar, 16350.00%
31 Dec, 152-
30 Sep, 152-
30 Jun, 15--100.00%
31 Mar, 151-
31 Dec, 141-
30 Sep, 14--100.00%
30 Jun, 141-
31 Mar, 141-
31 Dec, 13--
30 Sep, 13--
30 Jun, 13--
31 Dec, 12--
30 Sep, 12--100.00%
30 Jun, 121-
31 Mar, 121-
31 Dec, 11--
30 Sep, 11--
30 Jun, 11--
31 Mar, 11--
31 Dec, 10--
30 Sep, 09--
30 Sep, 08--
30 Sep, 07--
30 Jun, 07--

4 institutional shareholders have reduced their position in TATT stock as of 30 Jun 24 compared to 2 in the previous quarter (a 100.00% increase).

All Institutional Ownership Trend Data

DateHoldingsChange %Shares OutstandingChange %Ownership %Change %Increased PositionsChange %Reduced PositionsChange %
30 Jun, 2410-741,3947.76%7.14%16.26%5-16.67%4100.00%
31 Mar, 2410-688,006-16.45%6.63%7.85%6-25.00%2-
31 Dec, 2310100.00%823,460121.47%9.19%52.99%8700.00%--100.00%
30 Sep, 235-371,816-4.47%4.16%21.98%1-50.00%2100.00%
30 Jun, 235-28.57%389,2143.02%4.35%24.21%2-1-66.67%
31 Mar, 237-377,8198.71%4.24%27.81%2-3-
31 Dec, 22740.00%347,535-3.66%3.90%23.63%2-3200.00%
30 Sep, 225-16.67%360,755-3.56%4.06%22.94%2-33.33%1-
30 Jun, 226-374,0792.02%4.21%24.73%350.00%1-50.00%
31 Mar, 226-14.29%366,660-14.81%4.13%17.54%2100.00%2-33.33%
31 Dec, 217-22.22%430,416-8.51%4.85%17.26%1-75.00%3-
30 Sep, 219-470,440-0.14%5.30%18.81%433.33%3-25.00%
30 Jun, 21928.57%471,1177.23%5.31%21.66%3-40.00%4-
31 Mar, 21740.00%439,349-2.29%4.95%19.29%5150.00%--100.00%
31 Dec, 20525.00%449,62319.53%5.07%28.20%2100.00%2-
30 Sep, 204-376,163-15.41%4.24%15.63%1-50.00%2100.00%
30 Jun, 204-444,7110.78%5.21%21.06%2100.00%1-50.00%
31 Mar, 204-20.00%441,2840.45%4.97%20.29%1-50.00%2-33.33%
31 Dec, 195-28.57%439,287-3.98%4.95%18.63%2-3-25.00%
30 Sep, 197-12.50%457,4930.11%5.16%19.39%2-4100.00%
30 Jun, 198-11.11%456,990-0.07%5.16%19.42%2-71.43%2-
31 Mar, 19928.57%457,2882.44%5.15%19.70%775.00%--100.00%
31 Dec, 187-446,3831.01%5.11%20.63%4-20.00%2100.00%
30 Sep, 187-12.50%441,90092.31%4.98%69.54%525.00%1-75.00%
30 Jun, 18833.33%229,7916.05%2.68%44.61%4300.00%4-
31 Mar, 186-14.29%216,689-12.15%2.45%31.51%1-66.67%4-
31 Dec, 177-12.50%246,657-4.37%2.79%32.80%3-25.00%433.33%
30 Sep, 178-257,9361.38%2.92%35.10%4-50.00%3-
30 Jun, 17860.00%254,41563.27%2.88%92.50%8100.00%--
31 Mar, 17525.00%155,8294.88%1.77%62.32%4100.00%--100.00%
31 Dec, 164-33.33%148,5750.04%1.68%59.47%2-50.00%1-
30 Sep, 16620.00%148,514-4.04%1.68%53.91%4300.00%1-75.00%
30 Jun, 165-16.67%154,763-13.72%1.77%42.79%1-66.67%433.33%
31 Mar, 16620.00%179,3774.98%2.03%54.00%3-350.00%
31 Dec, 15525.00%170,866-3.47%1.94%48.04%350.00%2-
30 Sep, 154-177,0080.11%2.01%49.87%2-50.00%2-
30 Jun, 154-20.00%176,81224.45%2.01%77.16%4---100.00%
31 Mar, 155-16.67%142,072-6.93%1.61%53.68%4-1-
31 Dec, 14620.00%152,64912.05%1.73%71.02%4-1-
30 Sep, 14525.00%136,2356.04%1.56%73.39%4100.00%--100.00%
30 Jun, 144-20.00%128,4721.50%1.46%70.61%2-50.00%1-
31 Mar, 14566.67%126,5687.52%1.44%80.32%433.33%1-
31 Dec, 13350.00%117,7129.00%1.34%88.80%350.00%--
30 Sep, 132-50.00%107,9930.52%1.23%82.32%2-50.00%--
30 Jun, 134-107,438-1.22%-4---
31 Dec, 121-101,7000.39%1.15%87.24%1---
30 Sep, 121-101,300220.57%1.15%895.17%1---100.00%
30 Jun, 121-66.67%31,600-80.29%0.36%10.84%--100.00%1-
31 Mar, 123200.00%160,350144.44%1.82%328.46%2100.00%1-
31 Dec, 111-65,600-35.87%0.74%55.26%1---
30 Sep, 111-102,30064.73%1.16%233.83%1---
30 Jun, 111-62,10031.08%0.70%243.92%1---
31 Mar, 111-47,374132.23%0.54%1003.59%1---
31 Dec, 101-20,400-0.23%-1---
30 Sep, 092-277,389-3.08%-2---
30 Sep, 081-427-0.01%-1---
30 Sep, 071-40,190139.23%0.63%960.67%1---
30 Jun, 071-16,800-0.26%-1---

TAT Peer Ownership


TickerCompany
SIFSIFCO Industries, Inc.
DCODucommun Incorporated
ISSCInnovative Solutions and Support, Inc.
ASTCAstrotech Corporation
WWDWoodward, Inc.
NPKNational Presto Industries, Inc.
CDRECadre Holdings, Inc.
PKEPark Aerospace Corp.

TATT Ownership FAQ


TAT is owned by institutional shareholders (7.14%), insiders (0.00%), and public (92.86%). The largest institutional shareholder of TAT is MEITAV INVESTMENT HOUSE LTD (3.95% of total shares) and the top mutual fund owner is UNIFIED SERIES TRUST (0.01% of total shares).

TAT's major institutional shareholders are MEITAV INVESTMENT HOUSE LTD, RENAISSANCE TECHNOLOGIES LLC, Y.D. MORE INVESTMENTS LTD, ACUITAS INVESTMENTS, LLC, and JPMORGAN CHASE & CO. The top five shareholders own together 7.02% of the company's share outstanding.

As of Jun 2024, there are 10 institutional shareholders of TAT.

MEITAV INVESTMENT HOUSE LTD owns 410K shares of TAT, representing 3.95% of the company's total shares outstanding, valued at $6.13M (as of Jun 2024).

As of Jun 2024, RENAISSANCE TECHNOLOGIES LLC holds 177.1K shares of TAT (TATT), compromising 1.71% of the company, valued at $2.64M.

Y.D. MORE INVESTMENTS LTD is the third largest holder of TAT. The company owns 87.76K of the company's shares outstanding (worth $1.31M).