Marcus & MillichapMMI
Market Cap: $1.46B
About: Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Employees: 2,590
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 48
4% more call options, than puts
Call options by funds: $101K | Put options by funds: $97K
0.04% less ownership
Funds ownership: 59.62% [Q1] → 59.58% (-0.04%) [Q2]
1% less funds holding
Funds holding: 157 [Q1] → 156 (-1) [Q2]
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
7% less capital invested
Capital invested by funds: $782M [Q1] → $726M (-$56.2M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Blaine Heck 20% 1-year accuracy 1 / 5 met price target | 21%downside $30 | Underweight Maintained | 6 Sept 2024 |
Financial journalist opinion
Based on 3 articles about MMI published over the past 30 days