Insiders the biggest winners as Lassonde Industries Inc.'s (TSE:LAS.A) market cap rises to CA$1.4b

Key Insights

• Lassonde Industries' significant insider ownership suggests inherent interests in company's expansion
• Pierre-Paul Lassonde owns 55% of the company
• Institutions own 23% of Lassonde Industries

Our free stock report includes 1 warning sign investors should be aware of before investing in Lassonde Industries. Read for free now.

If you want to know who really controls Lassonde Industries Inc. (TSE:LAS.A), then you'll have to look at the makeup of its share registry. With 56% stake, individual insiders 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).

As a result, insiders were the biggest beneficiaries of last week’s 6.4% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Lassonde Industries.

View our latest analysis for Lassonde Industries

What Does The Institutional Ownership Tell Us About Lassonde Industries?

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.

We can see that Lassonde Industries does have institutional investors; and they hold a good portion of the company's stock. 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 Lassonde Industries' earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Lassonde Industries. The company's largest shareholder is Pierre-Paul Lassonde, with ownership of 55%. This implies that they have majority interest control of the future of the company. In comparison, the second and third largest shareholders hold about 5.7% and 5.1% of the 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Lassonde Industries

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.

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 Lassonde Industries Inc.. This means they can collectively make decisions for the company. Insiders own CA$800m worth of shares in the CA$1.4b company. That's extraordinary! Most would be pleased to see the board is investing alongside them. You may wish to discover if they have been buying or selling.

General Public Ownership

With a 22% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Lassonde Industries. 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.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Lassonde Industries is showing 1 warning sign in our investment analysis , you should know about...

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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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.