In This Article:
Key Insights
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Significant insider control over Regis Healthcare implies vested interests in company growth
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A total of 3 investors have a majority stake in the company with 55% ownership
To get a sense of who is truly in control of Regis Healthcare Limited (ASX:REG), it is important to understand the ownership structure of the business. We can see that individual insiders own the lion's share in the company with 50% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Notably, insiders have bought shares recently. However, with market cap down by AU$93m over the last week, their expectations were far from met.
Let's delve deeper into each type of owner of Regis Healthcare, beginning with the chart below.
See our latest analysis for Regis Healthcare
What Does The Institutional Ownership Tell Us About Regis Healthcare?
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.
Regis Healthcare already has institutions on the share registry. Indeed, they own a respectable stake in 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 Regis Healthcare's earnings history below. Of course, the future is what really matters.
Regis Healthcare is not owned by hedge funds. Ian Roberts is currently the company's largest shareholder with 27% of shares outstanding. For context, the second largest shareholder holds about 21% of the shares outstanding, followed by an ownership of 6.2% by the third-largest shareholder. Bryan Dorman, who is the second-largest shareholder, also happens to hold the title of Top Key Executive.
To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Insider Ownership Of Regis Healthcare
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. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.