In This Article:
Key Insights
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Insiders appear to have a vested interest in Montauk Renewables' growth, as seen by their sizeable ownership
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A total of 2 investors have a majority stake in the company with 55% ownership
A look at the shareholders of Montauk Renewables, Inc. (NASDAQ:MNTK) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 54% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
So it follows, every decision made by insiders of Montauk Renewables regarding the company's future would be crucial to them.
Let's take a closer look to see what the different types of shareholders can tell us about Montauk Renewables.
View our latest analysis for Montauk Renewables
What Does The Institutional Ownership Tell Us About Montauk Renewables?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
We can see that Montauk Renewables 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 Montauk Renewables' earnings history below. Of course, the future is what really matters.
Montauk Renewables is not owned by hedge funds. John Copelyn is currently the largest shareholder, with 40% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 12% of the stock. Theventheran Govender, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.
After doing some more digging, we found that the top 2 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. 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 Montauk Renewables
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. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.