INCAR FINANCIAL SERVICE Co., Ltd.'s (KOSDAQ:211050) market cap rose ₩46b last week; retail investors who hold 58% profited and so did insiders

Key Insights

• INCAR FINANCIAL SERVICE's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
• 42% of the business is held by the top 12 shareholders
• 41% of INCAR FINANCIAL SERVICE is held by insiders

A look at the shareholders of INCAR FINANCIAL SERVICE Co., Ltd. (KOSDAQ:211050) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are retail investors with 58% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Retail investors gained the most after market cap touched ₩257b last week, while insiders who own 41% also benefitted.

In the chart below, we zoom in on the different ownership groups of INCAR FINANCIAL SERVICE.

View our latest analysis for INCAR FINANCIAL SERVICE

What Does The Lack Of Institutional Ownership Tell Us About INCAR FINANCIAL SERVICE?

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. INCAR FINANCIAL SERVICE's earnings and revenue track record (below) may not be compelling to institutional investors -- or they simply might not have looked at the business closely.

INCAR FINANCIAL SERVICE is not owned by hedge funds. Byeong-Chae Choi is currently the company's largest shareholder with 27% of shares outstanding. Du-Seop Sim is the second largest shareholder owning 6.4% of common stock, and Sun-Sik Kim holds about 5.1% of the company stock.

A deeper look at our ownership data shows that the top 12 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. 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 INCAR FINANCIAL SERVICE

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

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.

It seems insiders own a significant proportion of INCAR FINANCIAL SERVICE Co., Ltd.. Insiders have a ₩105b stake in this ₩257b business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.

General Public Ownership

The general public, mostly comprising of individual investors, collectively holds 58% of INCAR FINANCIAL SERVICE shares. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand INCAR FINANCIAL SERVICE better, we need to consider many other factors. Be aware that INCAR FINANCIAL SERVICE is showing 1 warning sign in our investment analysis , you should know about...

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its 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.