The recent 3.3% gain must have brightened CEO Jenn Chu's week, ViTrox Corporation Berhad's (KLSE:VITROX) most bullish insider

Key Insights

• Significant insider control over ViTrox Corporation Berhad implies vested interests in company growth
• 55% of the business is held by the top 3 shareholders
• Institutions own 18% of ViTrox Corporation Berhad

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A look at the shareholders of ViTrox Corporation Berhad (KLSE:VITROX) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 67% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

As a result, insiders scored the highest last week as the company hit RM7.1b market cap following a 3.3% gain in the stock.

Let's delve deeper into each type of owner of ViTrox Corporation Berhad, beginning with the chart below.

View our latest analysis for ViTrox Corporation Berhad

What Does The Institutional Ownership Tell Us About ViTrox Corporation Berhad?

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.

We can see that ViTrox Corporation Berhad does have institutional investors; and they hold a good portion of the company's stock. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at ViTrox Corporation Berhad's earnings history below. Of course, the future is what really matters.

ViTrox Corporation Berhad is not owned by hedge funds. With a 27% stake, CEO Jenn Chu is the largest shareholder. In comparison, the second and third largest shareholders hold about 18% and 10.0% of the stock. Interestingly, the second and third-largest shareholders also happen to be the Senior Key Executive and Member of the Board of Directors, respectively. This once again signifies considerable insider ownership amongst the company's top shareholders.

After doing some more digging, we found that the top 3 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of ViTrox Corporation Berhad

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.

Our most recent data indicates that insiders own the majority of ViTrox Corporation Berhad. This means they can collectively make decisions for the company. Insiders own RM4.8b worth of shares in the RM7.1b company. That's extraordinary! It is good to see this level of investment. You can check here to see if those insiders have been selling any of their shares.

General Public Ownership

The general public, who are usually individual investors, hold a 15% stake in ViTrox Corporation Berhad. 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.

I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

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.