What Percentage Of Aqua Bio Technology ASA (OB:ABT) Shares Do Insiders Own?

If you want to know who really controls Aqua Bio Technology ASA (OB:ABT), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'

Aqua Bio Technology is not a large company by global standards. It has a market capitalization of kr32m, which means it wouldn't have the attention of many institutional investors. Taking a look at our data on the ownership groups (below), it's seems that institutional investors have not yet purchased much of the company. Let's take a closer look to see what the different types of shareholder can tell us about ABT.

See our latest analysis for Aqua Bio Technology

OB:ABT Ownership Summary, September 16th 2019
OB:ABT Ownership Summary, September 16th 2019

What Does The Institutional Ownership Tell Us About Aqua Bio Technology?

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.

Less than 5% of Aqua Bio Technology is held by institutional investors. This suggests that some funds have the company in their sights, but many have not yet bought shares in it. If the business gets stronger from here, we could see a situation where more institutions are keen to buy. It is not uncommon to see a big share price rise if multiple institutional investors are trying to buy into a stock at the same time. So check out the historic earnings trajectory, below, but keep in mind it's the future that counts most.

OB:ABT Income Statement, September 16th 2019
OB:ABT Income Statement, September 16th 2019

We note that hedge funds don't have a meaningful investment in Aqua Bio Technology. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.

Insider Ownership Of Aqua Bio Technology

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our most recent data indicates that insiders own a reasonable proportion of Aqua Bio Technology ASA. It has a market capitalization of just kr32m, and insiders have kr6.2m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.