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If you want to know who really controls Scanfil Oyj (HEL:SCANFL), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said ‘Show me the incentive and I will show you the outcome.’
With a market capitalization of €302m, Scanfil Oyj is a small cap stock, so it might not be well known by many institutional investors. Taking a look at the our data on the ownership groups (below), it’s seems that institutions are noticeable on the share registry. Let’s take a closer look to see what the different types of shareholder can tell us about SCANFL.
See our latest analysis for Scanfil Oyj
What Does The Institutional Ownership Tell Us About Scanfil Oyj?
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.
We can see that Scanfil Oyj does have institutional investors; and they hold 8.6% of the stock. 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. 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 Scanfil Oyj, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don’t have many shares in Scanfil Oyj. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Scanfil Oyj
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.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
It seems that insiders own more than half the Scanfil Oyj stock. This gives them a lot of power. Given it has a market cap of €302m, that means they have €169m 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.