Key Insights
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Significant control over Zura Bio by individual investors implies that the general public has more power to influence management and governance-related decisions
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49% of the business is held by the top 4 shareholders
Every investor in Zura Bio Limited (NASDAQ:ZURA) should be aware of the most powerful shareholder groups. We can see that individual investors own the lion's share in the company with 49% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
As market cap fell to US$436m last week, individual investors would have faced the highest losses than any other shareholder groups of the company.
Let's take a closer look to see what the different types of shareholders can tell us about Zura Bio.
View our latest analysis for Zura Bio
What Does The Lack Of Institutional Ownership Tell Us About Zura Bio?
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. On the other hand, it's always possible that professional investors are avoiding a company because they don't think it's the best place for their money. 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 Zura Bio, for yourself, below.
Our data indicates that hedge funds own 34% of Zura Bio. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Athanor Capital, LP is currently the company's largest shareholder with 35% of shares outstanding. Someit Sidhu is the second largest shareholder owning 12% of common stock, and Amit Munshi holds about 1.9% of the company stock. Interestingly, the bottom two of the top three shareholders also hold the title of Chief Executive Officer and Chairman of the Board, respectively, suggesting that these insiders have a personal stake in the company.
A deeper look at our ownership data shows that the top 4 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.