Could Inclam, S.A.'s (BME:INC) Investor Composition Influence The Stock Price?

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A look at the shareholders of Inclam, S.A. (BME:INC) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'

Inclam is not a large company by global standards. It has a market capitalization of €50m, which means it wouldn't have the attention of many institutional investors. In the chart below below, we can see that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about INC.

Check out our latest analysis for Inclam

BME:INC Ownership Summary, June 12th 2019
BME:INC Ownership Summary, June 12th 2019

What Does The Institutional Ownership Tell Us About Inclam?

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.

Inclam already has institutions on the share registry. Indeed, they own 6.6% of the company. 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 Inclam's earnings history, below. Of course, the future is what really matters.

BME:INC Income Statement, June 12th 2019
BME:INC Income Statement, June 12th 2019

Inclam is not owned by hedge funds. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Inclam

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.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that insiders own more than half of Inclam, S.A.. This gives them effective control of the company. Given it has a market cap of €50m, that means they have €36m worth of shares. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.