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Agility Global PLC's (ADX:AGILITY) largest shareholders are public companies who were rewarded as market cap surged د.إ625m last week
Key Insights
- The considerable ownership by public companies in Agility Global indicates that they collectively have a greater say in management and business strategy
- 51% of the company is held by a single shareholder (Agility Public Warehousing Company K.S.C.P.)
- Institutional ownership in Agility Global is 10%
A look at the shareholders of Agility Global PLC (ADX:AGILITY) can tell us which group is most powerful. We can see that public companies own the lion's share in the company with 51% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, public companies were the biggest beneficiaries of last week’s 4.9% gain.
Let's take a closer look to see what the different types of shareholders can tell us about Agility Global.
View our latest analysis for Agility Global
What Does The Institutional Ownership Tell Us About Agility Global?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Agility Global already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Agility Global's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in Agility Global. Our data shows that Agility Public Warehousing Company K.S.C.P. is the largest shareholder with 51% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. Wafra International Investment Company K.S.C.C. is the second largest shareholder owning 7.7% of common stock, and The Vanguard Group, Inc. holds about 1.2% of the company stock.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Agility Global
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our most recent data indicates that insiders own less than 1% of Agility Global PLC. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around د.إ2.4m worth of shares (at current prices). Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.
General Public Ownership
The general public-- including retail investors -- own 39% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Public Company Ownership
We can see that public companies hold 51% of the Agility Global shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For instance, we've identified 3 warning signs for Agility Global (1 is potentially serious) that you should be aware of.
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
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.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ADX:AGILITY
Agility Global
Provides aviation services, fuel logistics, and industrial real estate solutions in the Middle East, Africa, Europe, the United States, and Asia.
Proven track record low.
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