Stock Analysis

Retail investors among GREEN CROSS WellBeing Corporation's (KOSDAQ:234690) largest shareholders, saw gain in holdings value after stock jumped 11% last week

Published
KOSDAQ:A234690

Key Insights

  • GREEN CROSS WellBeing's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
  • The top 5 shareholders own 50% of the company
  • Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock

A look at the shareholders of GREEN CROSS WellBeing Corporation (KOSDAQ:234690) can tell us which group is most powerful. The group holding the most number of shares in the company, around 46% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

As a result, retail investors collectively scored the highest last week as the company hit ₩221b market cap following a 11% gain in the stock.

Let's delve deeper into each type of owner of GREEN CROSS WellBeing, beginning with the chart below.

View our latest analysis for GREEN CROSS WellBeing

KOSDAQ:A234690 Ownership Breakdown October 12th 2024

What Does The Lack Of Institutional Ownership Tell Us About GREEN CROSS WellBeing?

Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.

There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don't attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. Alternatively, there might be something about the company that has kept institutional investors away. Institutional investors may not find the historic growth of the business impressive, or there might be other factors at play. You can see the past revenue performance of GREEN CROSS WellBeing, for yourself, below.

KOSDAQ:A234690 Earnings and Revenue Growth October 12th 2024

GREEN CROSS WellBeing is not owned by hedge funds. Green Cross Holdings Corporation is currently the company's largest shareholder with 34% of shares outstanding. For context, the second largest shareholder holds about 12% of the shares outstanding, followed by an ownership of 1.7% by the third-largest shareholder.

On looking further, we found that 50% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.

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 GREEN CROSS WellBeing

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.

Our most recent data indicates that insiders own some shares in GREEN CROSS WellBeing Corporation. In their own names, insiders own ₩14b worth of stock in the ₩221b company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling.

General Public Ownership

The general public, who are usually individual investors, hold a 46% stake in GREEN CROSS WellBeing. 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 12%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.

Public Company Ownership

We can see that public companies hold 35% of the GREEN CROSS WellBeing shares on issue. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand GREEN CROSS WellBeing better, we need to consider many other factors. To that end, you should be aware of the 1 warning sign we've spotted with GREEN CROSS WellBeing .

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. 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.