Stock Analysis

Zumtobel Group AG's (VIE:ZAG) market cap surged €33m last week, individual investors who have a lot riding on the company were rewarded

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A look at the shareholders of Zumtobel Group AG (VIE:ZAG) can tell us which group is most powerful. With 47% stake, individual investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Clearly, individual investors benefitted the most after the company's market cap rose by €33m last week.

Let's delve deeper into each type of owner of Zumtobel Group, beginning with the chart below.

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WBAG:ZAG Ownership Breakdown November 11th 2022

What Does The Institutional Ownership Tell Us About Zumtobel Group?

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.

As you can see, institutional investors have a fair amount of stake in Zumtobel Group. 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 Zumtobel Group, (below). Of course, keep in mind that there are other factors to consider, too.

WBAG:ZAG Earnings and Revenue Growth November 11th 2022

Zumtobel Group is not owned by hedge funds. The company's largest shareholder is Asterix Privatstiftung, with ownership of 11%. In comparison, the second and third largest shareholders hold about 10% and 7.2% of the stock.

After doing some more digging, we found that the top 21 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. 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 Zumtobel Group

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.

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.

We can report that insiders do own shares in Zumtobel Group AG. In their own names, insiders own €4.1m worth of stock in the €292m company. This shows at least some alignment. You can click here to see if those insiders have been buying or selling.

General Public Ownership

With a 47% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Zumtobel Group. 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 Company Ownership

It seems that Private Companies own 36%, of the Zumtobel Group stock. 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:

It's always worth thinking about the different groups who own shares in a company. But to understand Zumtobel Group better, we need to consider many other factors. For example, we've discovered 1 warning sign for Zumtobel Group that you should be aware of before investing here.

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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