In This Article:
Key Insights
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Insiders appear to have a vested interest in Baker Technology's growth, as seen by their sizeable ownership
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56% of the company is held by a single shareholder (Benety Chang)
Every investor in Baker Technology Limited (SGX:BTP) should be aware of the most powerful shareholder groups. With 71% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
A quick look at our data suggests that insiders have been buying shares in the company recently. This might indicate that they expect share prices to rise in the near future.
In the chart below, we zoom in on the different ownership groups of Baker Technology.
See our latest analysis for Baker Technology
What Does The Lack Of Institutional Ownership Tell Us About Baker Technology?
Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them.
There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to funds under management, so the institution does not bother to look closely at the company. It is also possible that fund managers don't own the stock because they aren't convinced it will perform well. Institutional investors may not find the historic growth of the business impressive, or there might be other factors at play. You can see the past revenue performance of Baker Technology, for yourself, below.
Baker Technology is not owned by hedge funds. Our data suggests that Benety Chang, who is also the company's Senior Key Executive, holds the most number of shares at 56%. When an insider holds a sizeable amount of a company's stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company. For context, the second largest shareholder holds about 10.0% of the shares outstanding, followed by an ownership of 2.0% by the third-largest shareholder. Interestingly, the third-largest shareholder, Yang Guan Tan is also a Member of the Board of Directors, again, indicating strong insider ownership amongst the company's top 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. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.