[ad_1]
key insights
- Individual investors own large stakes in Troy IT companies, suggesting they have a greater say in management and business strategy
- Top 25 shareholders hold 44%
- 25% of Troy Information Technology shares are owned by insiders
If you want to know who really controls Troy Information Technology Co Ltd ( SZSE:300366 ), then you have to look at the makeup of its share registry. The largest group is individual investors, with 56% ownership. In other words, the group will gain the most (or lose the most) from its investment in the company.
Following last week’s 7.6% share price rise, individual investors stood to gain the most, but insiders holding 25% of the shares will also benefit from the rise.
Let’s take a closer look to see what the different types of shareholders can tell us about Troy Information Technology.
Check out our latest analysis for Troy Information Technology
What does institutional ownership tell us about Trojan Information Technology?
Many institutions measure their performance against an index that approximates the local market. So they usually focus more on companies included in major indexes.
We can see that Troy Information Technology does have institutional investors; they hold a large portion of the company’s stock. This shows that professional investors have a certain degree of credibility. But we can’t rely on that fact alone, because institutions make bad investments sometimes, just like everyone does. If two large institutional investors try to sell a stock at the same time, it’s not uncommon for the stock price to drop significantly. So it’s worth checking Troy Information Technology’s past earnings trajectory, below. Of course, keep in mind that there are other factors to consider.
Hedge funds don’t have many shares in Troy Information Technology. Lu Wenbin is currently the largest shareholder, holding 16% of the shares. Wang Xiaowei and Wang Xiaoming hold 3.1% and 2.9% of the issued shares respectively, making them the second and third largest shareholders.
Our research shows that the top 25 shareholders collectively control less than half of the company’s shares, which means that the company’s shares are widely distributed and there is no controlling shareholder.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Analyst coverage on the stock is modest, but not much. So there’s room for it to gain more coverage.
Insider Ownership of Troy Information Technology Corporation
The definition of company insiders can be subjective and differs between jurisdictions. Our data reflects individual insiders, including at least board members. Management is ultimately accountable to the board of directors. However, it is not uncommon for managers to serve as executive board members, especially if they are founders or CEOs.
I generally think insider ownership is a good thing. However, in some cases, it is more difficult for other shareholders to hold the board accountable for decisions.
Our information suggests that insiders own significant shares in Troy Information Technology Ltd. Insiders own CN¥150m worth of shares in the CN¥600m company. It’s great to see insiders so invested in the business. It might be worth checking if these insiders have been buying lately.
general public ownership
The general public (usually individual investors) owns a significant 56% stake in Troy Information Technology Corporation, suggesting that it is a fairly popular stock. This level of ownership gives broad-based investors some power to influence key policy decisions such as board composition, executive compensation and dividend payout ratios.
Next step:
It’s always worth considering the different groups who own shares in a company. But to better understand Trojan Information Technology, we need to consider many other factors. Consider, for example, the ever-present specter of investment risk. We’ve spotted 2 warning signs Work with Troy Information Technology (at least 1 company that shouldn’t be ignored) and understanding them should be part of your investment process.
If you’re like me, you might want to consider whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
Note: Figures for this article are calculated using data from the past 12 months, that is, the 12-month period ending on the last day of the month on which the financial statements are dated. This may not be consistent with the full year annual report data.
Valuation is complex, but we’re helping to make it simple.
Find out if Troy Information Technology is potentially overvalued or undervalued by checking out our comprehensive analysis, which includes Fair value estimates, risks and warnings, dividends, insider trading and financial health.
View free analysis
Have feedback on this article? Follow the content? keep in touch Contact us directly. Alternatively, email the editorial team at (at) simplewallst.com.
This article from Simply Wall St is general in nature. We only use unbiased methodologies to provide commentary based on historical data and analyst forecasts, and our articles are not intended to provide financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to provide you with long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative information. Simply Wall St does not hold a position in any of the stocks mentioned.
[ad_2]
Source link