Insiders with their considerable ownership were the key benefactors as Okeanis Eco Tankers Corp. (OB:OET) touches kr7.9b market cap

Key Insights

• Okeanis Eco Tankers' significant insider ownership suggests inherent interests in company's expansion
• 56% of the company is held by a single shareholder (Ioannis Alafouzos)
• Institutional ownership in Okeanis Eco Tankers is 15%

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If you want to know who really controls Okeanis Eco Tankers Corp. (OB:OET), 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 individual insiders with 57% 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 were the biggest beneficiaries of last week’s 10% gain.

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

Check out 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.

As you can see, institutional investors have a fair amount of stake in Okeanis Eco Tankers. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 Okeanis Eco Tankers' earnings history below. Of course, the future is what really matters.

We note that hedge funds don't have a meaningful investment in Okeanis Eco Tankers. Ioannis Alafouzos is currently the company's largest shareholder with 56% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. With 4.4% and 1.8% of the shares outstanding respectively, QVT Financial LP and VR Capital Group Ltd. 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Okeanis Eco Tankers

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.

Our most recent data indicates that insiders own the majority of Okeanis Eco Tankers Corp.. This means they can collectively make decisions for the company. So they have a kr4.5b stake in this kr7.9b business. 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 27% stake in 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.

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. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Okeanis Eco Tankers (of which 1 can't be ignored!) you should know about.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter 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.