Jeena Sikho Lifecare Limited's (NSE:JSLL) CEO Manish Grover is the most upbeat insider, and their holdings increased by 5.2% last week

Key Insights

• Jeena Sikho Lifecare's significant insider ownership suggests inherent interests in company's expansion
• 63% of the company is held by a single shareholder (Manish Grover)
• Past performance of a company along with ownership data serve to give a strong idea about prospects for a business

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If you want to know who really controls Jeena Sikho Lifecare Limited (NSE:JSLL), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 64% to be precise, is individual insiders. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Clearly, insiders benefitted the most after the company's market cap rose by ₹4.5b last week.

In the chart below, we zoom in on the different ownership groups of Jeena Sikho Lifecare.

Check out our latest analysis for Jeena Sikho Lifecare

What Does The Institutional Ownership Tell Us About Jeena Sikho Lifecare?

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 Jeena Sikho Lifecare. 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 Jeena Sikho Lifecare, (below). Of course, keep in mind that there are other factors to consider, too.

Jeena Sikho Lifecare is not owned by hedge funds. With a 63% stake, CEO Manish Grover is the largest shareholder. 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. For context, the second largest shareholder holds about 5.7% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder.

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. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.

Insider Ownership Of Jeena Sikho Lifecare

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.

It seems that insiders own more than half the Jeena Sikho Lifecare Limited stock. This gives them a lot of power. Insiders own ₹59b worth of shares in the ₹92b company. That's extraordinary! It is good to see this level of investment. You can check here to see if those insiders have been selling any of their shares.

General Public Ownership

The general public, who are usually individual investors, hold a 26% stake in Jeena Sikho Lifecare. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Company Ownership

We can see that Private Companies own 5.3%, 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:

It's always worth thinking about the different groups who own shares in a company. But to understand Jeena Sikho Lifecare better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Jeena Sikho Lifecare you should know about.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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.