Stock Analysis

Besqab AB (publ)'s (STO:BESQAB) biggest owners are individual investors who got richer after stock soared 10.0% last week

OM:BESQAB
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Key Insights

  • Significant control over Besqab by individual investors implies that the general public has more power to influence management and governance-related decisions
  • 50% of the business is held by the top 8 shareholders
  • Institutional ownership in Besqab is 12%

If you want to know who really controls Besqab AB (publ) (STO:BESQAB), 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 48% to be precise, is individual investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

As a result, individual investors were the biggest beneficiaries of last week’s 10.0% gain.

Let's take a closer look to see what the different types of shareholders can tell us about Besqab.

See our latest analysis for Besqab

ownership-breakdown
OM:BESQAB Ownership Breakdown August 30th 2024

What Does The Institutional Ownership Tell Us About Besqab?

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 Besqab 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 Besqab, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
OM:BESQAB Earnings and Revenue Growth August 30th 2024

We note that hedge funds don't have a meaningful investment in Besqab. The company's largest shareholder is ALM Jumbo AB, with ownership of 14%. With 7.3% and 6.4% of the shares outstanding respectively, Vencom Capital AB and Samir Taha are the second and third largest shareholders. Samir Taha, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. In addition, we found that Magnus Andersson, the CEO has 0.6% of the shares allocated to their name.

We also observed that the top 8 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.

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 Besqab

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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

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.

Shareholders would probably be interested to learn that insiders own shares in Besqab AB (publ). As individuals, the insiders collectively own kr190m worth of the kr2.6b company. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying.

General Public Ownership

With a 48% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Besqab. 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

It seems that Private Companies own 33%, of the Besqab stock. 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:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 3 warning signs for Besqab (2 are significant!) that you should be aware of before investing here.

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.

Valuation is complex, but we're here to simplify it.

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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.