In This Article:
Key Insights
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Significant insider control over Weis Markets implies vested interests in company growth
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A total of 3 investors have a majority stake in the company with 54% ownership
A look at the shareholders of Weis Markets, Inc. (NYSE:WMK) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 39% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Clearly, insiders benefitted the most after the company's market cap rose by US$168m last week.
Let's take a closer look to see what the different types of shareholders can tell us about Weis Markets.
Check out our latest analysis for Weis Markets
What Does The Institutional Ownership Tell Us About Weis Markets?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
We can see that Weis Markets does have institutional investors; and they hold a good portion of the company's 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. 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 Weis Markets' earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in Weis Markets. The company's CEO Jonathan Weis is the largest shareholder with 39% of shares outstanding. For context, the second largest shareholder holds about 7.8% of the shares outstanding, followed by an ownership of 6.9% by the third-largest shareholder.
A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 54% stake.
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. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of Weis Markets
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. 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.