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What Kind Of Shareholders Own Energix - Renewable Energies Ltd (TLV:ENRG)?
The big shareholder groups in Energix - Renewable Energies Ltd (TLV:ENRG) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies that used to be publicly owned tend to have lower insider ownership.
With a market capitalization of ₪5.6b, Energix - Renewable Energies is a decent size, so it is probably on the radar of institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Energix - Renewable Energies.
See our latest analysis for Energix - Renewable Energies
What Does The Institutional Ownership Tell Us About Energix - Renewable Energies?
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 Energix - Renewable Energies. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Energix - Renewable Energies' earnings history below. Of course, the future is what really matters.
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don't have many shares in Energix - Renewable Energies. Our data shows that Alony-Hetz Properties & Investments Ltd is the largest shareholder with 54% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. In comparison, the second and third largest shareholders hold about 9.1% and 3.6% of the stock. Additionally, the company's CEO Asa Levinger directly holds 0.7% of the total shares outstanding.
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 Energix - Renewable Energies
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
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.
I can report that insiders do own shares in Energix - Renewable Energies Ltd. This is a big company, so it is good to see this level of alignment. Insiders own ₪89m worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently.
General Public Ownership
With a 24% ownership, the general public have some degree of sway over Energix - Renewable Energies. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Energix - Renewable Energies better, we need to consider many other factors. To that end, you should learn about the 4 warning signs we've spotted with Energix - Renewable Energies (including 2 which are potentially serious) .
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
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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About TASE:ENRG
Energix - Renewable Energies
Through its subsidiaries, engages in the initiation, development, financing, construction, management, and operation of facilities for the production and storage of electricity from renewable energy sources in Israel, Poland, and the United States.
Slight unattractive dividend payer.