Individual investors who hold 42% of Okeanis Eco Tankers Corp. (OB:OET) gained 9.3%, institutions profited as well

Key Insights

• Significant control over Okeanis Eco Tankers by individual investors implies that the general public has more power to influence management and governance-related decisions
• A total of 12 investors have a majority stake in the company with 50% ownership
• Recent purchases by insiders

A look at the shareholders of Okeanis Eco Tankers Corp. (OB:OET) can tell us which group is most powerful. We can see that individual investors own the lion's share in the company with 42% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Following a 9.3% increase in the stock price last week, individual investors profited the most, but institutions who own 34% stock also stood to gain from the increase.

In the chart below, we zoom in on the different ownership groups of Okeanis Eco Tankers.

See our latest analysis for Okeanis Eco Tankers

What Does The Institutional Ownership Tell Us About Okeanis Eco Tankers?

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 Okeanis Eco Tankers 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Okeanis Eco Tankers' historic earnings and revenue below, but keep in mind there's always more to the story.

Okeanis Eco Tankers is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Ioannis Alafouzos with 21% of shares outstanding. BNPP Asset Management Holding is the second largest shareholder owning 6.5% of common stock, and BNY Mellon Asset Management holds about 5.2% of the company stock.

A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.

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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Okeanis Eco Tankers

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.

Our information suggests that insiders maintain a significant holding in Okeanis Eco Tankers Corp.. Insiders have a kr2.0b stake in this kr9.7b business. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

With a 42% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Okeanis Eco Tankers. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

We can see that Private Companies own 3.2%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Okeanis Eco Tankers better, we need to consider many other factors. For example, we've discovered 3 warning signs for Okeanis Eco Tankers (1 doesn't sit too well with us!) that you should be aware of before investing here.

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.