What Type Of Shareholder Owns Kapsch TrafficCom AG’s (VIE:KTCG)?

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Every investor in Kapsch TrafficCom AG (VIE:KTCG) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been privatized tend to have low insider ownership.

Kapsch TrafficCom is a smaller company with a market capitalization of €441m, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about KTCG.

Check out our latest analysis for Kapsch TrafficCom

WBAG:KTCG Ownership Summary November 21st 18
WBAG:KTCG Ownership Summary November 21st 18

What Does The Institutional Ownership Tell Us About Kapsch TrafficCom?

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.

As you can see, institutional investors own 23% of Kapsch TrafficCom. 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 Kapsch TrafficCom, (below). Of course, keep in mind that there are other factors to consider, too.

WBAG:KTCG Income Statement Export November 21st 18
WBAG:KTCG Income Statement Export November 21st 18

Kapsch TrafficCom is not owned by hedge funds. 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 Kapsch TrafficCom

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

We note our data does not show any board members holding shares, personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.

General Public Ownership

The general public holds a 14% stake in KTCG. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.