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How Much Of Hwang Kum Steel & Technology Co., Ltd (KRX:032560) Do Insiders Own?
A look at the shareholders of Hwang Kum Steel & Technology Co., Ltd (KRX:032560) 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 ₩131b, Hwang Kum Steel & Technology 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 are not really that prevalent on the share registry. Let's delve deeper into each type of owner, to discover more about Hwang Kum Steel & Technology.
View our latest analysis for Hwang Kum Steel & Technology
What Does The Institutional Ownership Tell Us About Hwang Kum Steel & Technology?
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.
Since institutions own only a small portion of Hwang Kum Steel & Technology, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.
Hwang Kum Steel & Technology is not owned by hedge funds. The company's CEO Jonghyun Kim is the largest shareholder with 41% of shares outstanding. Jong-sik Kim is the second largest shareholder owning 11% of common stock, and Jongwook Kim holds about 10% of the company stock. Interestingly, the second-largest shareholder, Jong-sik Kim is also Other Professional, again, pointing towards strong insider ownership amongst the company's top shareholders.
After doing some more digging, we found that the top 2 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
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 Hwang Kum Steel & Technology
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.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
It seems that insiders own more than half the Hwang Kum Steel & Technology Co., Ltd stock. This gives them a lot of power. Given it has a market cap of ₩131b, that means they have ₩71b worth of shares. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public holds a 32% stake in Hwang Kum Steel & Technology. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for Hwang Kum Steel & Technology that you should be aware of before investing here.
If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data.
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 KOSE:A032560
Hwang Kum Steel & Technology
Produces and sells stainless steel products in South Korea.
Flawless balance sheet and good value.