MMINYSEReal Estate Agents & Managers (For Others)Fiscal year ends December 31
Marcus & Millichap, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$27.34−0.70 (-2.50%)
Close on Oct 19, 2026
- Market cap
- $1.04B
- P/E (TTM)
- 73.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
60.4%
23M of 38M shares
Institutional holders
188
36 new, 17 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $48.48K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,877,476 | 10.00% | 13G (passive) | Jul 31, 2024 |
| Vanguard Portfolio Management | 2,577,259 | 6.76% | 13G (passive) | Mar 31, 2026 |
| Schroder Investment Management Group | 2,285,406 | 6.00% | 13G (passive) | Jun 30, 2026 |
| Pzena Investment Management LLC | 2,012,763 | 5.30% | 13G (passive) | Mar 31, 2026 |
| Reinhart Partners, LLC. | – | – | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MMI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,618,887 | 9.56% | $112.80M | −310,849 | 0.00% |
| Vanguard Portfolio Management LLC | 2,491,466 | 6.58% | $77.66M | −76,580 | 0.00% |
| Schroder Investment Management Group | 2,285,406 | 6.03% | $71.33M | +1,354,509 | 0.05% |
| Pzena Investment Management LLC | 2,141,001 | 5.65% | $66.74M | +128,238 | 0.20% |
| Dimensional Fund Advisors LP | 1,489,218 | 3.93% | $46.42M | +7,446 | 0.01% |
| Vanguard Capital Management LLC | 1,020,602 | 2.69% | $31.81M | −38,940 | 0.00% |
| State Street Corp | 949,388 | 2.51% | $29.59M | +11,164 | 0.00% |
| Tributary Capital Management, LLC | 740,631 | 1.96% | $23.09M | −21,835 | 1.90% |
| Geode Capital Management, LLC | 659,314 | 1.74% | $20.55M | +14,161 | 0.00% |
| Two Sigma Investments, LP | 551,097 | 1.46% | $17.18M | +126,760 | 0.01% |
| Aqr Capital Management LLC | 472,278 | 1.25% | $14.72M | +290,195 | 0.01% |
| Royce & Associates LP | 470,019 | 1.24% | $14.65M | −41,671 | 0.12% |
| Charles Schwab Investment Management Inc | 404,677 | 1.07% | $12.61M | −28,936 | 0.00% |
| Jacobs Levy Equity Management, Inc | 272,747 | 0.72% | $8.50M | +113,128 | 0.03% |
| Northern Trust Corp | 256,122 | 0.68% | $7.98M | +11,849 | 0.00% |
| Sprott Inc. | 210,000 | 0.55% | $6.55M | – | 0.21% |
| Renaissance Technologies LLC | 200,173 | 0.53% | $6.24M | −19,527 | 0.01% |
| Russell Investments Group, Ltd. | 188,990 | 0.50% | $5.89M | −37,030 | 0.01% |
| Deprince Race & Zollo Inc | 183,095 | 0.48% | $5.71M | −74,077 | 0.10% |
| Morgan Stanley | 182,843 | 0.48% | $5.70M | −2,020 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 188 | 23M | 60.4% | 36 / 66 | 60 / 17 | 3M | 2M |
| Q1 2026 | 172 | 22M | 58.6% | 32 / 80 | 46 / 47 | 8M | 3M |
| Q4 2025 | 192 | 22M | 57.8% | 43 / 62 | 61 / 24 | 4M | 5M |
| Q3 2025 | 175 | 23M | 60.4% | 23 / 70 | 49 / 16 | 1M | 1M |
| Q2 2025 | 169 | 23M | 61.3% | 20 / 61 | 56 / 20 | 1M | 1M |
| Q1 2025 | 170 | 23M | 60.6% | 18 / 57 | 64 / 11 | 1M | 1M |
| Q4 2024 | 165 | 23M | 60.3% | 11 / 59 | 58 / 12 | 0M | 1M |
| Q3 2024 | 166 | 23M | 60.6% | 24 / 57 | 59 / 12 | 5M | 2M |
| Q2 2024 | 156 | 24M | 63.2% | 20 / 62 | 46 / 23 | 2M | 2M |
| Q1 2024 | 160 | 24M | 63.7% | 28 / 53 | 55 / 19 | 1M | 2M |
| Q4 2023 | 151 | 25M | 66.6% | 21 / 47 | 62 / 16 | 1M | 1M |
| Q3 2023 | 147 | 25M | 65.0% | 16 / 45 | 57 / 20 | 2M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MMI | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,412,559 | 3.73% | $44.03M | 0.04% | Jun 30, 2026 |
| Vanguard Real Estate Index Fund | 869,259 | 2.30% | $26.73M | 0.04% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 725,192 | 1.91% | $22.60M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 612,804 | 1.62% | $19.10M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 520,996 | 1.38% | $16.24M | 0.01% | Jun 30, 2026 |
| Tributary Small Company Fund | 437,786 | 1.16% | $13.65M | 2.03% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 329,676 | 0.87% | $10.28M | 0.02% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 272,408 | 0.72% | $8.49M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 252,882 | 0.67% | $7.78M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 229,282 | 0.61% | $7.15M | 0.05% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 212,622 | 0.56% | $6.63M | 0.04% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 204,712 | 0.54% | $6.29M | 0.08% | Jul 31, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 200,610 | 0.53% | $6.25M | 0.08% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 194,703 | 0.51% | $5.99M | 0.03% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 173,912 | 0.46% | $5.35M | 0.03% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Hessam Nadji | Chief Executive Officer, Director | 314,498 | 0.83% | Sep 15, 2026 |
| Steven F. DeGennaro | EVP and CFO | 42,709 | 0.11% | Aug 12, 2026 |
| John David Parker | EVP & COO | 43,310 | 0.11% | Aug 12, 2026 |
| Bosschere Fabrice De | Chief Accounting Officer | 2,428 | 0.01% | May 6, 2026 |
| Gregory A. LaBerge | SVP & Chief Client Officer | 14,458 | 0.04% | Mar 12, 2026 |
| Richard D. Matricaria | EVP & COO - Western Division | 19,677 | 0.05% | Mar 12, 2025 |
| Kurt Henry Schwarz | Chief Accounting Officer | 8,383 | 0.02% | Mar 12, 2025 |
| Don C. Watters | Director | 24,239 | 0.06% | May 4, 2026 |
| Nicholas F. McClanahan | Director | 36,239 | 0.10% | May 4, 2026 |
| Dixon Collete English | Director | 12,422 | 0.03% | May 4, 2026 |
| George M. Marcus | Director, 10% owner | 14,164,314 | 37.40% | May 4, 2026 |
| Lauralee Martin | Director | 20,426 | 0.05% | May 4, 2026 |
| George T. Shaheen | Director | 29,239 | 0.08% | May 4, 2026 |
| Norma J. Lawrence | Director | 32,443 | 0.09% | May 4, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Hessam Nadji Chief Executive Officer, Director | Sep 14, 2026 | Gift | −700 | – | – | 314,018 |
| Hessam Nadji Chief Executive Officer, Director | Sep 10, 2026 | Option exercise | +30,000 | – | – | 329,982 |
| Hessam Nadji Chief Executive Officer, Director | Sep 10, 2026 | Tax withholding | −15,264 | – | – | 314,718 |
| Hessam Nadji Chief Executive Officer, Director | Aug 14, 2026 | Gift | −945 | – | – | 299,982 |
| John David Parker EVP & COO | Aug 10, 2026 | Tax withholding | −1,434 | $30.67 | $43.98K | 43,310 |
| John David Parker EVP & COO | Aug 10, 2026 | Option exercise | +2,808 | – | – | 44,270 |
| Steven F. DeGennaro EVP and CFO | Aug 10, 2026 | Tax withholding | −761 | $30.67 | $23.34K | 42,709 |
| Steven F. DeGennaro EVP and CFO | Aug 10, 2026 | Option exercise | +1,500 | – | – | 42,590 |
| Hessam Nadji Chief Executive Officer, Director | Jun 11, 2026 | Sale | −500 | $30.39 | $15.20K | 480 |
| Hessam Nadji Chief Executive Officer, Director | Jun 10, 2026 | Gift | +500 | – | – | 980 |
| Hessam Nadji Chief Executive Officer, Director | Jun 10, 2026 | Gift | −4,500 | – | – | 300,927 |
| John David Parker EVP & COO | May 8, 2026 | Tax withholding | −1,021 | $30.42 | $31.06K | 41,462 |
| John David Parker EVP & COO | May 8, 2026 | Option exercise | +2,000 | – | – | 42,483 |
| Lauralee Martin Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 20,426 |
| Norma J. Lawrence Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 5,169 |
| George M. Marcus Director, 10% owner | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 36,239 |
| Nicholas F. McClanahan Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 7,472 |
| Dixon Collete English Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 12,422 |
| Don C. Watters Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 15,902 |
| George T. Shaheen Director | Apr 30, 2026 | Award | +2,698 | $27.79 | $74.98K | 27,439 |
| Hessam Nadji Chief Executive Officer, Director | Mar 13, 2026 | Sale | −1,300 | $25.60 | $33.28K | 480 |
| Hessam Nadji Chief Executive Officer, Director | Mar 12, 2026 | Gift | −1,300 | – | – | 305,427 |
| Hessam Nadji Chief Executive Officer, Director | Mar 11, 2026 | Gift | −5,700 | – | – | 306,727 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Tax withholding | −5,836 | $26.43 | $154.25K | 285,205 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Tax withholding | −9,326 | $26.43 | $246.49K | 312,427 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Option exercise | +18,400 | – | – | 321,753 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Tax withholding | −9,326 | $26.43 | $246.49K | 303,353 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Option exercise | +18,400 | – | – | 312,679 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Tax withholding | −9,326 | $26.43 | $246.49K | 294,279 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Option exercise | +14,400 | – | – | 286,824 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Tax withholding | −7,298 | $26.43 | $192.89K | 279,526 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Option exercise | +11,515 | – | – | 291,041 |
| Hessam Nadji Chief Executive Officer, Director | Mar 10, 2026 | Option exercise | +18,400 | – | – | 303,605 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Option exercise | +1,000 | – | – | 2,428 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −369 | $26.43 | $9.75K | 2,059 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Option exercise | +117 | – | – | 2,176 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −42 | $26.43 | $1.11K | 2,134 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Option exercise | +600 | – | – | 2,734 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −215 | $26.43 | $5.68K | 2,519 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Option exercise | +158 | – | – | 1,493 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −65 | $26.43 | $1.72K | 1,428 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Tax withholding | −87 | $26.43 | $2.30K | 1,335 |
| Bosschere Fabrice De Chief Accounting Officer | Mar 10, 2026 | Option exercise | +212 | – | – | 1,422 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Option exercise | +1,317 | – | – | 34,391 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Option exercise | +2,500 | – | – | 41,997 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Tax withholding | −3,278 | $26.43 | $86.64K | 39,497 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Option exercise | +8,854 | – | – | 42,775 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Tax withholding | −470 | $26.43 | $12.42K | 33,921 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Tax withholding | −1,268 | $26.43 | $33.51K | 41,090 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Tax withholding | −475 | $26.43 | $12.55K | 33,074 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Option exercise | +1,329 | – | – | 33,549 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Tax withholding | −764 | $26.43 | $20.19K | 32,220 |
| Steven F. DeGennaro EVP and CFO | Mar 10, 2026 | Option exercise | +2,140 | – | – | 32,984 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Tax withholding | −1,912 | $26.43 | $50.53K | 5,385 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Option exercise | +1,318 | – | – | 6,703 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Tax withholding | −472 | $26.43 | $12.47K | 6,231 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Option exercise | +5,352 | – | – | 7,297 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Tax withholding | −365 | $26.43 | $9.65K | 1,945 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Option exercise | +1,020 | – | – | 2,310 |
| Gregory A. LaBerge SVP & Chief Client Officer | Mar 10, 2026 | Tax withholding | −275 | $26.43 | $7.27K | 1,290 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Hessam Nadji Member of immediate family of any of the foregoing | Jun 11, 2026 | 500 | $15.19K | Jun 11, 2026 | Restricted Stock Vesting |
| Hessam Nadji Member of immediate family of any of the foregoing | Mar 13, 2026 | 1,300 | $33.28K | Mar 13, 2026 | Restricted Stock Vesting |
| Gregory A. LaBerge Officer | Mar 4, 2025 | 828 | $31.68K | Mar 4, 2025 | Restricted Stock Award |
| Gregory A. LaBerge Officer | Mar 3, 2025 | 3,743 | $144.03K | Mar 3, 2025 | Restricted Stock Unit |
| Hessam Nadji Officer, Director | Aug 26, 2024 | 659 | $26.58K | Aug 26, 2024 | Restricted Stock Vesting |
| Hessam Nadji Officer, Director | Aug 23, 2024 | 13,241 | $531.98K | Aug 23, 2024 | Restricted Stock Vesting |
| Hessam Nadji Officer, Director | Jul 26, 2024 | 300 | $12.02K | Jul 26, 2024 | Restricted Stock Vesting |
| Hessam Nadji Officer, Director | Jul 25, 2024 | 800 | $32.03K | Jul 25, 2024 | Restricted Stock Vesting |
| Hessam Nadji Officer, Director | Jul 12, 2024 | 15,000 | $529.04K | Jul 12, 2024 | Restricted Stock Vesting |
| Gregory A. LaBerge Officer | May 29, 2024 | 1,000 | $32.68K | May 28, 2024 | RSU Vesting |
| Richard D. Matricaria Officer | May 17, 2024 | 1,848 | $65.23K | May 17, 2024 | Restricted Stock Vesting |
| John David Parker Officer | May 17, 2024 | 1,835 | $64.76K | May 17, 2024 | Restricted Stock Vesting |
| John David Parker Officer | Mar 14, 2024 | 9,716 | $318.98K | Mar 14, 2024 | Restricted Stock Vesting |
| Richard D. Matricaria Officer | Mar 12, 2024 | 9,500 | $316.50K | Mar 12, 2024 | Restricted Stock Vesting |
| Nadji Hessamedin Director, Officer | Dec 14, 2023 | 10,000 | $385.90K | Dec 14, 2023 | Contribution upon MMI IPO |