In This Article:
Key Insights
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SG Fleet Group's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
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Super Group Limited owns 54% of the company
A look at the shareholders of SG Fleet Group Limited (ASX:SGF) can tell us which group is most powerful. We can see that public companies own the lion's share in the company with 57% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And individual investors on the other hand have a 27% ownership in the company.
Let's take a closer look to see what the different types of shareholders can tell us about SG Fleet Group.
View our latest analysis for SG Fleet Group
What Does The Institutional Ownership Tell Us About SG Fleet Group?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
SG Fleet Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of SG Fleet Group, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in SG Fleet Group. The company's largest shareholder is Super Group Limited, with ownership of 54%. This implies that they have majority interest control of the future of the company. In comparison, the second and third largest shareholders hold about 5.5% and 4.0% of the stock. Furthermore, CEO Robert Blau is the owner of 2.4% of the company's shares.
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. 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 SG Fleet Group
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.