América Móvil, S.A.B. de C.V. (BMV:AMXB) surges 3.2%; private companies who own 47% shares profited along with insiders

Key Insights

• The considerable ownership by private companies in América Móvil. de indicates that they collectively have a greater say in management and business strategy
• The top 3 shareholders own 56% of the company
• Insider ownership in América Móvil. de is 23%

If you want to know who really controls América Móvil, S.A.B. de C.V. (BMV:AMXB), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are private companies with 47% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Private companies gained the most after market cap touched Mex$910b last week, while insiders who own 23% also benefitted.

In the chart below, we zoom in on the different ownership groups of América Móvil. de.

Check out our latest analysis for América Móvil. de

What Does The Institutional Ownership Tell Us About América Móvil. 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.

We can see that América Móvil. de does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 América Móvil. de, (below). Of course, keep in mind that there are other factors to consider, too.

América Móvil. de is not owned by hedge funds. Our data shows that Trust No. F/0126 is the largest shareholder with 29% of shares outstanding. Control Empresarial de Capitales SA de CV is the second largest shareholder owning 18% of common stock, and Carlos Slim Domit holds about 9.2% of the company stock. Carlos Slim Domit, who is the third-largest shareholder, also happens to hold the title of Co-Chairman of the Board.

A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 56% stake.

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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of América Móvil. de

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 América Móvil, S.A.B. de C.V.. Insiders own Mex$206b worth of shares in the Mex$910b company. That's quite meaningful. 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, who are usually individual investors, hold a 13% stake in América Móvil. de. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

It seems that Private Companies own 47%, of the América Móvil. de stock. 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.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that América Móvil. de is showing 3 warning signs in our investment analysis , you should know about...

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.