Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira (BVMF:INTB3) adds R$455m in market cap and insiders have a 64% stake in that gain

Key Insights

• Significant insider control over Intelbras - Indústria de Telecomunicação Eletrônica Brasileira implies vested interests in company growth
• A total of 7 investors have a majority stake in the company with 52% ownership
• 17% of Intelbras - Indústria de Telecomunicação Eletrônica Brasileira is held by Institutions

If you want to know who really controls Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira (BVMF:INTB3), then you'll have to look at the makeup of its share registry. We can see that individual insiders own the lion's share in the company with 64% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

As a result, insiders were the biggest beneficiaries of last week’s 9.5% gain.

Let's delve deeper into each type of owner of Intelbras - Indústria de Telecomunicação Eletrônica Brasileira, beginning with the chart below.

Check out our latest analysis for Intelbras - Indústria de Telecomunicação Eletrônica Brasileira

What Does The Institutional Ownership Tell Us About Intelbras - Indústria de Telecomunicação Eletrônica Brasileira?

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.

Intelbras - Indústria de Telecomunicação Eletrônica Brasileira already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Intelbras - Indústria de Telecomunicação Eletrônica Brasileira's earnings history below. Of course, the future is what really matters.

Hedge funds don't have many shares in Intelbras - Indústria de Telecomunicação Eletrônica Brasileira. Antonia de Freitas Tonin is currently the company's largest shareholder with 9.7% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.7% and 7.6%, of the shares outstanding, respectively.

On further inspection, we found that more than half the company's shares are owned by the top 7 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.

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. 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 Intelbras - Indústria de Telecomunicação Eletrônica Brasileira

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.

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 the majority of Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira. This means they can collectively make decisions for the company. Given it has a market cap of R$5.0b, that means they have R$3.2b worth of shares. Most would argue this is a positive, showing strong alignment with shareholders. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public-- including retail investors -- own 11% 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 7.6% of the Intelbras - Indústria de Telecomunicação Eletrônica Brasileira shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Intelbras - Indústria de Telecomunicação Eletrônica Brasileira better, we need to consider many other factors. For instance, we've identified 1 warning sign for Intelbras - Indústria de Telecomunicação Eletrônica Brasileira that you should be aware of.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

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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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.