What Kind Of Shareholders Hold The Majority In Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company's (ATH:IKTIN) Shares?

A look at the shareholders of Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (ATH:IKTIN) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. 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 €82m, Iktinos Hellas Greek Marble Industry Technical and Touristic is a small cap stock, so it might not be well known by many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. Let's delve deeper into each type of owner, to discover more about Iktinos Hellas Greek Marble Industry Technical and Touristic.

Check out our latest analysis for Iktinos Hellas Greek Marble Industry Technical and Touristic

What Does The Institutional Ownership Tell Us About Iktinos Hellas Greek Marble Industry Technical and Touristic?

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.

We can see that Iktinos Hellas Greek Marble Industry Technical and Touristic does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Iktinos Hellas Greek Marble Industry Technical and Touristic's historic earnings and revenue below, but keep in mind there's always more to the story.

Iktinos Hellas Greek Marble Industry Technical and Touristic is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is the CEO Evangelos Chaidas with 50% of shares outstanding. With such a huge stake, we infer that they have significant control of the future of the company. It's 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 with such skin in the game. The second and third largest shareholders are Ioulia Chaida and Anastassia Chaida, with an equal amount of shares to their name at 6.5%. Interestingly, the second and third-largest shareholders also happen to be the Senior Key Executive and Member of the Board of Directors, respectively. This once again signifies considerable insider ownership amongst the company's top shareholders.

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. 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 Iktinos Hellas Greek Marble Industry Technical and Touristic

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.

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.

Our most recent data indicates that insiders own the majority of Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company. This means they can collectively make decisions for the company. Given it has a market cap of €82m, that means they have €53m worth of shares. Most would argue this is a positive, showing strong alignment with shareholders. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public, with a 25% stake in the company, will not 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:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should learn about the 4 warning signs we've spotted with Iktinos Hellas Greek Marble Industry Technical and Touristic (including 1 which is is potentially serious) .

Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.

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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