To get a sense of who is truly in control of Dogness (International) Corporation (NASDAQ:DOGZ), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 87% to be precise, is individual insiders. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
So it follows, every decision made by insiders of Dogness (International) 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 Dogness (International).
NasdaqCM:DOGZ Ownership Breakdown February 20th 2025
What Does The Lack Of Institutional Ownership Tell Us About Dogness (International)?
Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.
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. Dogness (International) might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely.
NasdaqCM:DOGZ Earnings and Revenue Growth February 20th 2025
We note that hedge funds don't have a meaningful investment in Dogness (International). The company's CEO Silong Chen is the largest shareholder with 71% of shares outstanding. This essentially means that they have significant control over the outcome or future of the company, which is why insider ownership is usually looked upon favourably by prospective buyers. Yuhua Lin is the second largest shareholder owning 4.7% of common stock, and Yuzhang Zhou holds about 3.9% of the company stock.
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.
Insider Ownership Of Dogness (International)
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our information suggests that insiders own more than half of Dogness (International) Corporation. This gives them effective control of the company. Given it has a market cap of US$353m, that means they have US$307m worth of shares. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.
General Public Ownership
With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Dogness (International). 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.
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.
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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.
