The big shareholder groups in MaxCyte, Inc. (LON:MXCT) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned.
MaxCyte is a smaller company with a market capitalization of UK£388m, so it may still be flying under the radar of many institutional investors. Taking a look at our data on the ownership groups (below), it seems that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about MaxCyte.
Check out our latest analysis for MaxCyte
What Does The Institutional Ownership Tell Us About MaxCyte?
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.
MaxCyte 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 MaxCyte's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in MaxCyte. The company's largest shareholder is Casdin Capital, LLC, with ownership of 15%. River and Mercantile Asset Management LLP is the second largest shareholder owning 7.1% of common stock, and Amati Global Investors Ltd. holds about 5.1% of the company stock. Furthermore, CEO Douglas Doerfler is the owner of 0.6% of the company's shares.
On studying our ownership data, we found that 20 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
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. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of MaxCyte
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.