Stock Analysis

Retail investors invested in Intrakat Société Anonyme Technical and Energy Projects (ATH:INKAT) copped the brunt of last week's €56m market cap decline

ATSE:INKAT
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Key Insights

  • The considerable ownership by retail investors in Intrakat Société Anonyme Technical and Energy Projects indicates that they collectively have a greater say in management and business strategy
  • The top 23 shareholders own 41% of the company
  • Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock

A look at the shareholders of Intrakat Société Anonyme Technical and Energy Projects (ATH:INKAT) can tell us which group is most powerful. With 59% stake, retail investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

And last week, retail investors endured the biggest losses as the stock fell by 6.6%.

Let's take a closer look to see what the different types of shareholders can tell us about Intrakat Société Anonyme Technical and Energy Projects.

View our latest analysis for Intrakat Société Anonyme Technical and Energy Projects

ownership-breakdown
ATSE:INKAT Ownership Breakdown April 18th 2024

What Does The Institutional Ownership Tell Us About Intrakat Société Anonyme Technical and Energy Projects?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

We can see that Intrakat Société Anonyme Technical and Energy Projects does have institutional investors; and they hold a good portion of the company's stock. 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. 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 Intrakat Société Anonyme Technical and Energy Projects, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
ATSE:INKAT Earnings and Revenue Growth April 18th 2024

Intrakat Société Anonyme Technical and Energy Projects is not owned by hedge funds. Winex Investments Limited is currently the largest shareholder, with 15% of shares outstanding. Castellano Properties Limited is the second largest shareholder owning 7.4% of common stock, and Blue Silk (Cy) Ltd holds about 6.4% of the company stock.

Our studies suggest that the top 23 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of Intrakat Société Anonyme Technical and Energy Projects

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. 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.

We note our data does not show any board members holding shares, personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.

General Public Ownership

The general public -- including retail investors -- own 59% of Intrakat Société Anonyme Technical and Energy Projects. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability.

Private Company Ownership

We can see that Private Companies own 32%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 3 warning signs for Intrakat Société Anonyme Technical and Energy Projects (2 are a bit concerning!) that you should be aware of before investing here.

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.

Valuation is complex, but we're helping make it simple.

Find out whether Intrakat Société Anonyme Technical and Energy Projects is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.