In This Article:
Key Insights
-
Significant control over Maiden Holdings by retail investors implies that the general public has more power to influence management and governance-related decisions
-
50% of the business is held by the top 16 shareholders
If you want to know who really controls Maiden Holdings, Ltd. (NASDAQ:MHLD), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 44% to be precise, is retail investors. Put another way, the group faces the maximum upside potential (or downside risk).
While retail investors were the group that reaped the most benefits after last week’s 15% price gain, institutions also received a 29% cut.
Let's take a closer look to see what the different types of shareholders can tell us about Maiden Holdings.
View our latest analysis for Maiden Holdings
What Does The Institutional Ownership Tell Us About Maiden Holdings?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Maiden Holdings 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 Maiden Holdings' earnings history below. Of course, the future is what really matters.
It would appear that 5.3% of Maiden Holdings shares are controlled by hedge funds. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Our data shows that Thomas Akin is the largest shareholder with 7.2% of shares outstanding. For context, the second largest shareholder holds about 7.1% of the shares outstanding, followed by an ownership of 6.4% by the third-largest shareholder. Barry Zyskind, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board. Furthermore, CEO Patrick Haveron is the owner of 3.1% of the company's shares.
A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 50% implying that 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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.