Do Insiders Own Shares In ITAB Shop Concept AB (publ) (STO:ITAB B)?

If you want to know who really controls ITAB Shop Concept AB (publ) (STO:ITAB B), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.'

ITAB Shop Concept is a smaller company with a market capitalization of kr2.7b, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about ITAB B.

View our latest analysis for ITAB Shop Concept

OM:ITAB B Ownership Summary, August 17th 2019
OM:ITAB B Ownership Summary, August 17th 2019
Advertisement

What Does The Institutional Ownership Tell Us About ITAB Shop Concept?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that ITAB Shop Concept does have institutional investors; and they hold 23% of the stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of ITAB Shop Concept, (below). Of course, keep in mind that there are other factors to consider, too.

OM:ITAB B Income Statement, August 17th 2019
OM:ITAB B Income Statement, August 17th 2019

We note that hedge funds don't have a meaningful investment in ITAB Shop Concept. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of ITAB Shop Concept

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

It seems insiders own a significant proportion of ITAB Shop Concept AB (publ). Insiders own kr867m worth of shares in the kr2.7b company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

The general public, with a 10% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Equity Ownership

With a stake of 30%, private equity firms could influence the ITAB B board. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.

Private Company Ownership

Our data indicates that Private Companies hold 4.8%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

About OM:ITAB

ITAB Group

Develops, manufactures, sells, and installs store concepts for retail chain stores.

Undervalued with reasonable growth potential.

Advertisement

Weekly Picks

CE
Ceazar
SPAI logo
Ceazar on Sparc AI ·

When GPS fails: this small cap is fixing a $54B drone problem

Fair Value:CA$5.2540.0% undervalued
87 users have followed this narrative
0 users have commented on this narrative
22 users have liked this narrative
HE
HedgeY
IONQ logo
HedgeY on IonQ ·

The Best-Funded Quantum Platform and Still a Stock Priced for Perfection

Fair Value:US$482.3% overvalued
33 users have followed this narrative
0 users have commented on this narrative
8 users have liked this narrative
BL
BlackGoat
CBRS logo
BlackGoat on Cerebras Systems ·

The Wafer Giant Threatening NVIDIA's GPU Hegemony

Fair Value:US$415.5450.7% undervalued
56 users have followed this narrative
1 users have commented on this narrative
9 users have liked this narrative
IV
NFLX logo
Ivoed on Netflix ·

Netflix’s Business Quality Is Clear. The Harder Question Is Whether The Stock Is Still Cheap

Fair Value:US$825.3% undervalued
28 users have followed this narrative
2 users have commented on this narrative
10 users have liked this narrative

Updated Narratives

SO
CRDB logo
Solvent_Octopus_mwbl on CRDB Bank ·

Is the Market Underestimating CRDB?

Fair Value:TSh2.8k1.4% undervalued
3 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
CU
MSFT logo
CubanEros on Microsoft ·

A wonderful business at reasonable price.

Fair Value:US$419.917.0% undervalued
10 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative
DR
DrPotato
TMV logo
DrPotato on TeamViewer ·

TeamViewer Set to Evolve from Stagnation to Enterprise Growth by 2028

Fair Value:€13.3260.9% undervalued
5 users have followed this narrative
0 users have commented on this narrative
0 users have liked this narrative

Popular Narratives

IN
Investingwilly
MA logo
Investingwilly on Mastercard ·

Mastercard: The Best Dividend Stock You're Ignoring

Fair Value:US$75028.1% undervalued
82 users have followed this narrative
1 users have commented on this narrative
9 users have liked this narrative
HA
HarishPK
ADBE logo
HarishPK on Adobe ·

Adobe: A Probabilistic Case for Undervaluation

Fair Value:US$319.9631.3% undervalued
63 users have followed this narrative
9 users have commented on this narrative
19 users have liked this narrative
NI
niteco
AVGO logo
niteco on Broadcom ·

A Capital Allocation Favorite with Structural Importance

Fair Value:US$651.0544.6% undervalued
56 users have followed this narrative
0 users have commented on this narrative
13 users have liked this narrative