Kri-Kri Milk Industry S.A.'s (ATH:KRI) market cap up €28m last week, benefiting both retail investors who own 59% as well as insiders

Key Insights

• Significant control over Kri-Kri Milk Industry by retail investors implies that the general public has more power to influence management and governance-related decisions
• The top 24 shareholders own 41% of the company
• Insiders own 25% of Kri-Kri Milk Industry

A look at the shareholders of Kri-Kri Milk Industry S.A. (ATH:KRI) 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.

Retail investors gained the most after market cap touched €259m last week, while insiders who own 25% also benefitted.

Let's delve deeper into each type of owner of Kri-Kri Milk Industry, beginning with the chart below.

See our latest analysis for Kri-Kri Milk Industry

What Does The Institutional Ownership Tell Us About Kri-Kri Milk Industry?

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.

Kri-Kri Milk Industry already has institutions on the share registry. Indeed, they own a respectable stake in the 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. 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 Kri-Kri Milk Industry, (below). Of course, keep in mind that there are other factors to consider, too.

Kri-Kri Milk Industry is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is the CEO Panagiotis Tsinavos with 25% of shares outstanding. In comparison, the second and third largest shareholders hold about 2.2% and 2.0% of the stock.

A deeper look at our ownership data shows that the top 24 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of Kri-Kri Milk Industry

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.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

It seems insiders own a significant proportion of Kri-Kri Milk Industry S.A.. Insiders own €65m worth of shares in the €259m company. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public, mostly comprising of individual investors, collectively holds 59% of Kri-Kri Milk Industry shares. 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.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Kri-Kri Milk Industry better, we need to consider many other factors. For instance, we've identified 3 warning signs for Kri-Kri Milk Industry (1 can't be ignored) that 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.