In This Article:
Key Insights
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Insiders appear to have a vested interest in JinkoSolar Holding's growth, as seen by their sizeable ownership
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A total of 8 investors have a majority stake in the company with 51% ownership
Every investor in JinkoSolar Holding Co., Ltd. (NYSE:JKS) should be aware of the most powerful shareholder groups. With 37% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
With such a notable stake in the company, insiders would be highly incentivised to make value accretive decisions.
Let's delve deeper into each type of owner of JinkoSolar Holding, beginning with the chart below.
View our latest analysis for JinkoSolar Holding
What Does The Institutional Ownership Tell Us About JinkoSolar Holding?
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.
JinkoSolar Holding 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. 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 JinkoSolar Holding, (below). Of course, keep in mind that there are other factors to consider, too.
We note that hedge funds don't have a meaningful investment in JinkoSolar Holding. With a 20% stake, CEO Xiande Li is the largest shareholder. With 14% and 4.9% of the shares outstanding respectively, Kangping Chen and Mackenzie Financial Corporation are the second and third largest shareholders.
We did some more digging and found that 8 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
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.