Atlantic Insurance Company Public Limited's (CSE:ATL) most bullish insider is CEO Emilios Pyrishis, and their holdings value went up by 11% last week

Key Insights

• Significant insider control over Atlantic Insurance Company implies vested interests in company growth
• A total of 3 investors have a majority stake in the company with 54% ownership
• Institutional ownership in Atlantic Insurance Company is 20%

If you want to know who really controls Atlantic Insurance Company Public Limited (CSE:ATL), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 62% to be precise, is individual insiders. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Clearly, insiders benefitted the most after the company's market cap rose by €11m last week.

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

See our latest analysis for Atlantic Insurance Company

What Does The Institutional Ownership Tell Us About Atlantic Insurance Company?

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 Atlantic Insurance Company. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Atlantic Insurance Company's historic earnings and revenue below, but keep in mind there's always more to the story.

Hedge funds don't have many shares in Atlantic Insurance Company. Looking at our data, we can see that the largest shareholder is the CEO Emilios Pyrishis with 23% of shares outstanding. Andreas Frangoullis is the second largest shareholder owning 21% of common stock, and Piraeus Asset Management Single Member Mutual Funds Management Company S.A. holds about 10.0% of the company stock. Interestingly, the second-largest shareholder, Andreas Frangoullis is also Head of Sales, again, pointing towards strong insider ownership amongst the company's top shareholders.

A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 54% stake.

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. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Atlantic Insurance Company

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.

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.

It seems that insiders own more than half the Atlantic Insurance Company Public Limited stock. This gives them a lot of power. So they have a €65m stake in this €106m business. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.

General Public Ownership

The general public-- including retail investors -- own 18% stake in the company, and hence can't easily be ignored. 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.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Atlantic Insurance Company has 2 warning signs we think you should be aware of.

If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data.

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.