Individual investors account for 52% of WM Technology, Inc.'s (NASDAQ:MAPS) ownership, while institutions account for 36%
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Key Insights
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Significant control over WM Technology by individual investors implies that the general public has more power to influence management and governance-related decisions
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A total of 25 investors have a majority stake in the company with 44% ownership
A look at the shareholders of WM Technology, Inc. (NASDAQ:MAPS) can tell us which group is most powerful. With 52% stake, individual investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
Institutions, on the other hand, account for 36% of the company's stockholders. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies.
In the chart below, we zoom in on the different ownership groups of WM Technology.
See our latest analysis for WM Technology
What Does The Institutional Ownership Tell Us About WM Technology?
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 WM Technology does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 WM Technology's earnings history below. Of course, the future is what really matters.
Hedge funds don't have many shares in WM Technology. Morgan Stanley, Investment Banking and Brokerage Investments is currently the largest shareholder, with 6.2% of shares outstanding. Douglas Francis is the second largest shareholder owning 4.9% of common stock, and The Vanguard Group, Inc. holds about 4.6% of the company stock. Douglas Francis, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
On studying our ownership data, we found that 25 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. There is some analyst coverage of the stock, but it could still become more well known, with time.