<div id="readability-page-1"><p>Baird Financial Group Inc. decreased its position in  TMC the metals company Inc. (NASDAQ:TMC - Free Report) by 19.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,363,663 shares of the company's stock after selling 582,364 shares during the period. Baird Financial Group Inc. owned approximately 0.65% of TMC the metals worth $15,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>TMC the metals</strong> alerts:</span></p></div><p>A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its holdings in shares of  TMC the metals by 11.9% in the second quarter. Concurrent Investment Advisors LLC now owns 37,868 shares of the company's stock valued at $250,000 after purchasing an additional 4,023 shares during the period.  Wolverine Asset Management LLC boosted its position in  TMC the metals by 752.6% in the second quarter. Wolverine Asset Management LLC now owns 4,945 shares of the company's stock valued at $33,000 after buying an additional 4,365 shares during the last quarter.  Wealth Enhancement Advisory Services LLC increased its holdings in  TMC the metals by 10.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 47,163 shares of the company's stock worth $335,000 after buying an additional 4,482 shares during the period.  Sowell Financial Services LLC raised its position in  TMC the metals by 37.4% during the 2nd quarter. Sowell Financial Services LLC now owns 16,604 shares of the company's stock worth $110,000 after buying an additional 4,517 shares during the last quarter.  Finally, KBC Group NV purchased a new position in  TMC the metals during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own  4.39% of the company's stock. </p><h2>TMC the metals Price Performance</h2><p>TMC opened at $7.59 on Friday. The firm has a fifty day moving average price of $6.98 and a 200 day moving average price of $6.18. TMC the metals company Inc. has a 1 year low of $0.72 and a 1 year high of $11.35. The stock has a market cap of $3.14 billion, a P/E ratio of -9.86 and a beta of 1.82. </p><p>TMC the metals (NASDAQ:TMC - Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.08).  Equities analysts expect that  TMC the metals company Inc. will post -0.22 EPS for the current year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research firms have recently weighed in on TMC. Weiss Ratings  reiterated a &#34;sell (d-)&#34; rating on shares of TMC the metals in a research note on Wednesday, October 8th. Zacks Research raised shares of TMC the metals from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Thursday, November 13th. Finally, HC Wainwright increased their price target on TMC the metals from $7.25 to $7.50 and gave the stock a &#34;buy&#34; rating in a research report on Friday, November 14th. Three research analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the stock. According to MarketBeat.com, the stock  has a consensus rating of &#34;Hold&#34; and a consensus target price of $7.42.</p><p><b>Check Out Our Latest Analysis on TMC</b></p><h2>Insider Transactions at TMC the metals</h2><p>In other TMC the metals news, insider Erika Ilves sold 1,591,485 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $5.77, for a total transaction of $9,182,868.45. Following the transaction, the insider owned 1,145,792 shares in the company, valued at approximately $6,611,219.84. This represents a 58.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Anthony O'sullivan sold 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $6.77, for a total value of $338,500.00. Following the completion of the sale, the insider directly owned 2,025,667 shares in the company, valued at approximately $13,713,765.59. The trade was a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,691,485 shares of company stock worth $9,846,868 over the last 90 days. Insiders own  27.60% of the company's stock. </p><h2>TMC the metals Company Profile</h2> (Free Report)<p>TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.</p><h2>See Also</h2><ul><li>Five stocks we like better than TMC the metals</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Gates Foundation Sells MSFT Stock—Should Investors Be Worried?</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><strong>Want to see what other hedge funds are holding TMC?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TMC the metals company Inc. (NASDAQ:TMC - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VE1D?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VE1D"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TMC the metals Right Now?</h2><p>Before you consider TMC the metals, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TMC the metals wasn't on the list.</p><p>While TMC the metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Baird Financial Group Inc. reduced its stake in TMC the metals by 19.8% in Q2, selling 582,364 shares. Other investors adjusted their positions, with Wolverine Asset Management increasing its stake by 752.6%. TMC's stock opened at $7.59, with a market cap of $3.14 billion. Analysts have mixed ratings, with a consensus target price of $7.42. Insiders sold 1,691,485 shares worth $9,846,868 recently.</p>

TMC the metals company Inc. $TMC Shares Sold by Baird Financial Group Inc.