Stock Analysis
CEO Federico Toussaint Elosua, Grupo Lamosa, S.A.B. de C.V.'s (BMV:LAMOSA) largest shareholder sees value of holdings go down 3.3% after recent drop
Key Insights
- Grupo Lamosa. de's significant insider ownership suggests inherent interests in company's expansion
- The largest shareholder of the company is Federico Toussaint Elosua with a 52% stake
- Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock
If you want to know who really controls Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA), 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 52% to be precise, is individual insiders. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As market cap fell to Mex$41b last week, insiders would have faced the highest losses than any other shareholder groups of the company.
In the chart below, we zoom in on the different ownership groups of Grupo Lamosa. de.
See our latest analysis for Grupo Lamosa. de
What Does The Institutional Ownership Tell Us About Grupo Lamosa. de?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
Grupo Lamosa. de already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 Grupo Lamosa. de, (below). Of course, keep in mind that there are other factors to consider, too.
We note that hedge funds don't have a meaningful investment in Grupo Lamosa. de. Looking at our data, we can see that the largest shareholder is the CEO Federico Toussaint Elosua with 52% of shares outstanding. This implies that they possess majority interests and have significant control over the company. Investors usually consider it a good sign when the company leadership has such a significant stake, as this is widely perceived to increase the chance that the management will act in the best interests of the company. With 4.1% and 0.7% of the shares outstanding respectively, Operadora de Fondos GBM S.A. de C.V and BlackRock, Inc. are the second and third largest shareholders.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Grupo Lamosa. de
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. 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.
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 Grupo Lamosa, S.A.B. de C.V. stock. This gives them a lot of power. That means insiders have a very meaningful Mex$21b stake in this Mex$41b business. Most would argue this is a positive, showing strong alignment with shareholders. You can click here to see if they have been selling down their stake.
General Public Ownership
With a 43% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Grupo Lamosa. de. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 3 warning signs for Grupo Lamosa. de (1 shouldn't be ignored!) that you should be aware of before investing here.
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
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.
About BMV:LAMOSA *
Grupo Lamosa. de
Engages in the design, manufacture, and distribution of ceramic and porcelain products for floor and wall coverings, and adhesive for coatings in North America, Central America, South America, and Europe.