With a 66% stake, NationGate Holdings Berhad (KLSE:NATGATE) insiders have a lot riding on the company
Key Insights
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Insiders appear to have a vested interest in NationGate Holdings Berhad's growth, as seen by their sizeable ownership
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The largest shareholder of the company is Eng Ooi with a 65% stake
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Institutional ownership in NationGate Holdings Berhad is 12%
A look at the shareholders of NationGate Holdings Berhad (KLSE:NATGATE) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 66% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
So, insiders of NationGate Holdings Berhad have a lot at stake and every decision they make on the company’s future is important to them from a financial point of view.
Let's delve deeper into each type of owner of NationGate Holdings Berhad, beginning with the chart below.
View our latest analysis for NationGate Holdings Berhad
What Does The Institutional Ownership Tell Us About NationGate Holdings 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 NationGate Holdings Berhad 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. 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 NationGate Holdings Berhad's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in NationGate Holdings Berhad. Looking at our data, we can see that the largest shareholder is the CEO Eng Ooi with 65% of shares outstanding. This implies that they possess majority interests and have significant control over the company. Investors usually consider it a good sign when the company leadership has such a significant stake, as this is widely perceived to increase the chance that the management will act in the best interests of the company. For context, the second largest shareholder holds about 5.1% of the shares outstanding, followed by an ownership of 2.9% by the third-largest shareholder.
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.