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Marcus & Millichap MMI

US equityMarket cap rank #3197Real Estate Services
$28.22 −$0.38 (-1.33%)
Pre-market · Oct 8, 8:40 am ET · After hours $28.22 0.00%
Open$28.33
Prev close$28.60
Day range$28.04 – $28.44
Volume130.7K
Market cap$1.07B
P/E (TTM)76.3
Dividend yield1.77%

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Institutional ownership64.4%+0.15 pts vs. prior quarter
Institutions holding229-1 vs. prior quarter
Insider trades (recent)30 buys / 20 sellsNet buying
Short interest2.83% of floatDays to cover 9.4 · as of 15 Sep 2026
Short-sale volume share23.7%5-day average of daily volume

Short-sale volume as % of daily volume

16%24%32%40%Sep '26Sep '26Oct '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$244.1K (7 inflow days, 13 outflow days).

Net flow by order size, last 20 sessions

−$182.3KSuper−$61.8KBig−$85.8KMid−$234.3KSmall

Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.

The five largest holders on file together own 65.2% of shares outstanding.

Largest holders

  • George Marcus37.41%
  • BlackRock9.56%
  • Vanguard Portfolio Management, LLC6.58%
  • Schroder Investment Management Limited6.04%
  • Pzena Investment Management, Inc.5.66%
  • Dimensional Fund Advisors3.93%
  • Schroder Investment Management (Europe) S.A.3.20%
  • Vanguard Capital Management, LLC3.10%

By investor type

  • Mutual Fund56.98%
  • Individual/Insider39.07%
  • Hedge Fund4.38%
  • Public Company1.42%
  • Government Pension Fund0.68%
  • Private Company0.61%
  • Insurance Company0.20%
  • Family Office/Trust0.09%

Reported short interest has risen from 2.72% to 2.83% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).

Recent institutional activity

HolderTypePeriodShare changeNew stake
Nuveen Asset Management LLC Insurance Company 2026/Q3 +51,896 0.1%
Schroder Investment Management Limited Mutual Fund 2026/Q3 +1,354,509 6.0%
Schroder Investment Management (Europe) S.A. Mutual Fund 2026/Q3 +1,211,972 3.2%
AQR Capital Management Hedge Fund 2026/Q3 +287,930 1.2%
Pzena Investment Management, Inc. Mutual Fund 2026/Q3 +128,238 5.7%
Two Sigma Investments, LP Hedge Fund 2026/Q3 +126,760 1.5%
Jacobs Levy Equity Management Inc Mutual Fund 2026/Q3 +113,128 0.7%
UBS Asset Management Mutual Fund 2026/Q3 +108,567 0.6%
ExodusPoint Capital Management, LP Hedge Fund 2026/Q3 +83,576 0.2%
Bank of America Corporation Public Company 2026/Q3 +78,048 0.3%
Nuveen Investments Mutual Fund 2026/Q3 +70,329 0.2%
New Jersey Division of Investment Government Pension Fund 2026/Q3 +41,266 0.1%
Goldman Sachs Asset Management, L.P. Mutual Fund 2026/Q3 +36,158 0.3%
Hudson River Trading LLC Private Company 2026/Q3 +35,289 0.2%
Winton Capital Group Limited Hedge Fund 2026/Q3 +33,983 0.2%

Institutional buy/sell activity by reporting period, largest moves first.

Insider transactions

DateInsiderTitleTransactionSharesPriceHeld after
13 Sep 2026 Hessam Nadji Chief Executive Officer Derivative Exercise and Sale -15,964 – 314,498
9 Sep 2026 Hessam Nadji Chief Executive Officer Derivative Exercise and Retained +14,036 – 314,498
13 Aug 2026 Hessam Nadji Chief Executive Officer Other Disposition -945 – 300,462
9 Aug 2026 Steven DeGennaro Chief Financial Officer Derivative Exercise and Sale -761 $30.67 42,709
9 Aug 2026 Steven DeGennaro Chief Financial Officer Derivative Exercise and Retained +739 – 42,709
9 Aug 2026 John Parker Executive VP & COO of Eastern Division Derivative Exercise and Sale -1,434 $30.67 43,310
9 Aug 2026 John Parker Executive VP & COO of Eastern Division Derivative Exercise and Retained +1,374 – 43,310
10 Jun 2026 Hessam Nadji Chief Executive Officer Open Market Disposition -500 $30.39 301,407
9 Jun 2026 Hessam Nadji Chief Executive Officer Other Acquisition +500 – 301,407
9 Jun 2026 Hessam Nadji Chief Executive Officer Other Disposition -4,500 – 301,407
7 May 2026 John Parker Executive VP & COO of Eastern Division Derivative Exercise and Sale -1,021 $30.42 41,462
7 May 2026 John Parker Executive VP & COO of Eastern Division Derivative Exercise and Retained +979 – 41,462
3 May 2026 John Parker Executive VP & COO of Eastern Division Other Derivative Acquisition +20,000 – 20,000
3 May 2026 Fabrice De Bosschere First Vice President & Corporate Controller Other Derivative Acquisition +7,500 – 7,500
29 Apr 2026 Lauralee Martin Independent Director Other Acquisition +2,698 $27.79 20,426
29 Apr 2026 George Shaheen Independent Director Other Acquisition +2,698 $27.79 29,239
29 Apr 2026 George Marcus Founder & Chairperson Other Acquisition +2,698 $27.79 14,164,314
29 Apr 2026 Don Watters Lead Independent Director Other Acquisition +2,698 $27.79 24,239
29 Apr 2026 Nicholas McClanahan Independent Director Other Acquisition +2,698 $27.79 36,239
29 Apr 2026 Norma Lawrence Independent Director Other Acquisition +2,698 $27.79 32,443

From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.

Short interest, by report

Report dateShares short% of floatDays to cover
15 Sep 2026 1,071,575 2.8% 9.4
31 Aug 2026 1,058,838 2.8% 9.5
14 Aug 2026 1,024,052 2.7% 7.3
31 Jul 2026 987,414 2.6% 8.1
15 Jul 2026 984,681 2.6% 7.7
30 Jun 2026 1,027,711 2.7% 4.1

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