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What Type Of Shareholders Make Up Enjoei.com.br Atividades de Internet S.A.'s (BVMF:ENJU3) Share Registry?
If you want to know who really controls Enjoei.com.br Atividades de Internet S.A. (BVMF:ENJU3), 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.
Enjoei.com.br Atividades de Internet is not a large company by global standards. It has a market capitalization of R$3.8b, which means it wouldn't have the attention of many institutional investors. In the chart below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Enjoei.com.br Atividades de Internet.
View our latest analysis for Enjoei.com.br Atividades de Internet
What Does The Institutional Ownership Tell Us About Enjoei.com.br Atividades de Internet?
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 Enjoei.com.br Atividades de Internet. 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 Enjoei.com.br Atividades de Internet's earnings history below. Of course, the future is what really matters.
It would appear that 5.4% of Enjoei.com.br Atividades de Internet shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. The company's largest shareholder is Ana McLaren, with ownership of 8.0%. In comparison, the second and third largest shareholders hold about 6.5% and 6.1% of the stock.
We also observed that the top 9 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of Enjoei.com.br Atividades de Internet
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our information suggests that insiders maintain a significant holding in Enjoei.com.br Atividades de Internet S.A.. Insiders own R$737m worth of shares in the R$3.8b 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
With a 29% ownership, the general public have some degree of sway over Enjoei.com.br Atividades de Internet. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Private Equity Ownership
With a stake of 5.6%, private equity firms could influence the Enjoei.com.br Atividades de Internet board. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.
Private Company Ownership
We can see that Private Companies own 11%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Enjoei.com.br Atividades de Internet better, we need to consider many other factors. For instance, we've identified 3 warning signs for Enjoei.com.br Atividades de Internet (1 is concerning) that you should be aware of.
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.
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About BOVESPA:ENJU3
Enjoei
Operates a marketplace platform for the purchase and sale of used products in Brazil.
Undervalued with excellent balance sheet.