Key Insights

• First Mid Bancshares' significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public

• A total of 25 investors have a majority stake in the company with 46% ownership

• 15% of First Mid Bancshares is held by insiders

A look at the shareholders of First Mid Bancshares, Inc. (NASDAQ:FMBH) can tell us which group is most powerful. We can see that retail investors own the lion's share in the company with 43% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

While retail investors were the group that reaped the most benefits after last week’s 8.3% price gain, institutions also received a 41% cut.

Let's delve deeper into each type of owner of First Mid Bancshares, beginning with the chart below.

See our latest analysis for First Mid Bancshares

What Does The Institutional Ownership Tell Us About First Mid Bancshares?

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.

We can see that First Mid Bancshares does have institutional investors; and they hold a good portion of the company's stock. 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 First Mid Bancshares' earnings history below. Of course, the future is what really matters.

First Mid Bancshares is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 7.5% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.3% and 5.1%, of the shares outstanding, respectively.

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant 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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of First Mid Bancshares

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.