In This Article:
Key Insights
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Insiders appear to have a vested interest in Stardust Power's growth, as seen by their sizeable ownership
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The top 4 shareholders own 39% of the company
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Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
Every investor in Stardust Power Inc. (NASDAQ:SDST) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 45% to be precise, is individual insiders. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
Clearly, insiders benefitted the most after the company's market cap rose by US$387m last week.
Let's delve deeper into each type of owner of Stardust Power, beginning with the chart below.
Check out our latest analysis for Stardust Power
What Does The Institutional Ownership Tell Us About Stardust Power?
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.
Less than 5% of Stardust Power 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. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too.
Hedge funds don't have many shares in Stardust Power. Looking at our data, we can see that the largest shareholder is the CEO Roshan Pujari with 23% of shares outstanding. Pablo Cortegoso is the second largest shareholder owning 9.0% of common stock, and Paul Zepf holds about 5.9% of the company stock. Interestingly, the second-largest shareholder, Pablo Cortegoso is also Top Key Executive, again, pointing towards strong insider ownership amongst the company's top shareholders.
A deeper look at our ownership data shows that the top 4 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
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. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.