AssetMarkAMK
Market Cap: 2.59B
About: AssetMark Financial Holdings Inc is a provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. It provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with the client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, the company's platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors.
Employees: 990
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
915% more call options, than puts
Call options by funds: $538K | Put options by funds: $53K
100% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
17% more capital invested
Capital invested by funds: $638M [Q4 2023] → $746M (+$108M) [Q1 2024]
10% more funds holding
Funds holding: 130 [Q4 2023] → 143 (+13) [Q1 2024]
0.19% less ownership
Funds ownership: 28.68% [Q4 2023] → 28.49% (-0.19%) [Q1 2024]
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
Research analyst outlook
2 Wall Street Analysts provided 1 year price forecasts over the past 6 months
2 analyst ratings
JP Morgan Kenneth Worthington | 7%upside $37 | Neutral Downgraded | 26 Apr 2024 |
Raymond James Patrick O'Shaughnessy | 18%upside $41 | Strong Buy Maintained | 11 Apr 2024 |
Financial journalist opinion
Based on 4 articles about AMK published over the past 30 days