LINKBANCORP, Inc.'s (NASDAQ:LNKB) top owners are individual investors with 36% stake, while 29% is held by insiders
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Key Insights
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Significant control over LINKBANCORP by individual investors implies that the general public has more power to influence management and governance-related decisions
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50% of the business is held by the top 10 shareholders
A look at the shareholders of LINKBANCORP, Inc. (NASDAQ:LNKB) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 36% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Meanwhile, individual insiders make up 29% of the company’s shareholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.
In the chart below, we zoom in on the different ownership groups of LINKBANCORP.
View our latest analysis for LINKBANCORP
What Does The Institutional Ownership Tell Us About LINKBANCORP?
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.
We can see that LINKBANCORP 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. 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 LINKBANCORP, (below). Of course, keep in mind that there are other factors to consider, too.
It looks like hedge funds own 8.3% of LINKBANCORP shares. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Looking at our data, we can see that the largest shareholder is Kenneth Lehman with 23% of shares outstanding. FJ Capital Management, LLC is the second largest shareholder owning 8.3% of common stock, and AllianceBernstein L.P. holds about 5.4% of the company stock.
On further inspection, we found that more than half the company's shares are owned by the top 10 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.
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.