In This Article:
Key Insights
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Insiders appear to have a vested interest in Warehouse Group's growth, as seen by their sizeable ownership
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69% of the business is held by the top 3 shareholders
A look at the shareholders of The Warehouse Group Limited (NZSE:WHS) can tell us which group is most powerful. With 29% stake, individual insiders possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
It's interesting to note that insiders have been buying shares recently. However, with shares price down 10% last week, they must be disappointed.
Let's delve deeper into each type of owner of Warehouse Group, beginning with the chart below.
Check out our latest analysis for Warehouse Group
What Does The Institutional Ownership Tell Us About Warehouse Group?
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.
As you can see, institutional investors have a fair amount of stake in Warehouse Group. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Warehouse Group, (below). Of course, keep in mind that there are other factors to consider, too.
Warehouse Group is not owned by hedge funds. Stephen Tindall is currently the company's largest shareholder with 28% of shares outstanding. The Tindall Foundation Inc., Endowment Arm is the second largest shareholder owning 21% of common stock, and James Pascoe Limited holds about 20% of the company stock.
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.
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Warehouse Group
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.