Institutions own 25% of Founders Metals Inc. (CVE:FDR) shares but individual investors control 59% of the company
In This Article:
Key Insights
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Founders Metals' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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41% of the business is held by the top 11 shareholders
Every investor in Founders Metals Inc. (CVE:FDR) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 59% to be precise, is individual investors. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Institutions, on the other hand, account for 25% of the company's stockholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.
Let's delve deeper into each type of owner of Founders Metals, beginning with the chart below.
Check out our latest analysis for Founders Metals
What Does The Institutional Ownership Tell Us About Founders Metals?
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.
As you can see, institutional investors have a fair amount of stake in Founders Metals. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Founders Metals, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in Founders Metals. Looking at our data, we can see that the largest shareholder is 1832 Asset Management L.P. with 13% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 11% of common stock, and Nicholas Stajduhar holds about 5.9% of the company stock. Nicholas Stajduhar, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.
On studying our ownership data, we found that 11 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
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. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.