Stock Analysis

Recent 15% decline may not have gone down well with Voxtur Analytics Corp. (CVE:VXTR) insiders who've been purchasing recently

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TSXV:VXTR
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A look at the shareholders of Voxtur Analytics Corp. (CVE:VXTR) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 40% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Notably, insiders have bought shares recently. However, with shares price down 15% last week, they must be disappointed.

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

See our latest analysis for Voxtur Analytics

ownership-breakdown
TSXV:VXTR Ownership Breakdown February 4th 2023

What Does The Institutional Ownership Tell Us About Voxtur Analytics?

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.

Voxtur Analytics 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. 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 Voxtur Analytics, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
TSXV:VXTR Earnings and Revenue Growth February 4th 2023

Voxtur Analytics is not owned by hedge funds. With a 25% stake, CEO James Albertelli is the largest shareholder. With 11% and 9.0% of the shares outstanding respectively, StableView Asset Management Inc. and Laurentian Bank of Canada, Asset Management Arm are the second and third largest shareholders.

To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making.

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 is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.

Insider Ownership Of Voxtur Analytics

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.

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.

It seems insiders own a significant proportion of Voxtur Analytics Corp.. Insiders have a CA$85m stake in this CA$212m business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.

General Public Ownership

With a 38% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Voxtur Analytics. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Voxtur Analytics , and understanding them should be part of your investment process.

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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