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Significant insider control over SKAN Group implies vested interests in company growth
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The top 6 shareholders own 51% of the company
To get a sense of who is truly in control of SKAN Group AG (VTX:SKAN), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual insiders with 43% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, insiders scored the highest last week as the company hit CHF1.2b market cap following a 5.8% gain in the stock.
In the chart below, we zoom in on the different ownership groups of SKAN Group.
See our latest analysis for SKAN Group
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.
SKAN Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see SKAN Group’s historic earnings and revenue below, but keep in mind there’s always more to the story.
Hedge funds don’t have many shares in SKAN Group. H. C. Michel is currently the company’s largest shareholder with 12% of shares outstanding. The second and third largest shareholders are Gregor Plattner and Vera Plattner, with an equal amount of shares to their name at 11%. Additionally, the company’s CEO Thomas Huber directly holds 1.7% of the total shares outstanding.
We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
