What Type Of Shareholders Own The Most Number of Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATH:FLEXO) Shares?
A look at the shareholders of Flexopack Société Anonyme Commercial and Industrial Plastics Company (ATH:FLEXO) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.
With a market capitalization of €105m, Flexopack Société Anonyme Commercial and Industrial Plastics is a small cap stock, so it might not be well known by many institutional investors. In the chart below, we can see that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Flexopack Société Anonyme Commercial and Industrial Plastics.
Check out our latest analysis for Flexopack Société Anonyme Commercial and Industrial Plastics
What Does The Institutional Ownership Tell Us About Flexopack Société Anonyme Commercial and Industrial Plastics?
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.
As you can see, institutional investors have a fair amount of stake in Flexopack Société Anonyme Commercial and Industrial Plastics. 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 Flexopack Société Anonyme Commercial and Industrial Plastics, (below). Of course, keep in mind that there are other factors to consider, too.
We note that hedge funds don't have a meaningful investment in Flexopack Société Anonyme Commercial and Industrial Plastics. From our data, we infer that the largest shareholder is Stamatios Ginosatis (who also holds the title of Chief Executive Officer) with 48% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. In comparison, the second and third largest shareholders hold about 18% and 5.1% of the stock. Interestingly, the second-largest shareholder, Georgios Ginosatis is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
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. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of Flexopack Société Anonyme Commercial and Industrial Plastics
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.
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 Flexopack Société Anonyme Commercial and Industrial Plastics Company. This means they can collectively make decisions for the company. That means they own €68m worth of shares in the €105m company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public holds a 25% stake in Flexopack Société Anonyme Commercial and Industrial Plastics. 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:
It's always worth thinking about the different groups who own shares in a company. But to understand Flexopack Société Anonyme Commercial and Industrial Plastics better, we need to consider many other factors.
I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.
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. 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.
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About ATSE:FLEXO
Flexopack Société Anonyme Commercial and Industrial Plastics
Manufactures and sells flexible plastic packaging materials for the food industry in Greece, other European countries, and internationally.
Excellent balance sheet and good value.