What you need to know about the investor mix of VOXX International Corporation (NASDAQ: VOXX)
The large shareholder groups of VOXX International Corporation (NASDAQ: VOXX) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders holding shares in smaller companies. I generally like to see some degree of insider ownership, even if it’s just a little. As Nassim Nicholas Taleb said, “Don’t tell me what you think, tell me what you have in your wallet.
With a market cap of US $ 262 million, VOXX International is a small cap stock, so it might be overlooked by many institutional investors. In the graph below, we can see that the institutions hold shares in the company. Let’s take a closer look at what different types of shareholders can tell us about VOXX International.
Check out our latest review for VOXX International
What does institutional ownership tell us about VOXX International?
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 businesses to have some institutions listed, especially if they are growing.
As you can see, institutional investors have a significant stake in VOXX International. This implies that analysts working for these institutions have reviewed the action and appreciate it. But like everyone else, they could be wrong. If several institutions change their mind about a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out VOXX International’s earnings history below. Of course, the future is what really matters.
Hedge funds don’t have a lot of shares in VOXX International. John Shalam is currently the largest shareholder in the company with 18% of the shares outstanding. Meanwhile, the second and third largest shareholders hold 17% and 6.0% of the outstanding shares, respectively. In addition, CEO Patrick Lavelle owns 1.6% of the company’s shares.
To make our study more interesting, we found that the top 5 shareholders control more than half of the company, which implies that this group has considerable influence on the decision-making of the company.
While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand the expected performance of a stock. The title is covered by analysts, but it could become even more famous over time.
Insider ownership of VOXX International
The definition of an insider may differ slightly from country to country, but board members still count. The management of the company manages the company, but the CEO will report to the board of directors, even if he is a member of the board.
Insider ownership is positive when it indicates that executives think like the real owners of the company. However, strong insider ownership can also give immense power to a small group within the company. This can be negative in certain circumstances.
Our information suggests that insiders have a significant stake in VOXX International Corporation. It has a market capitalization of only US $ 262 million and insiders hold US $ 57 million in shares in their own name. This may suggest that the founders still own a lot of shares. You can click here to see if they bought or sold.
General public property
The general public, with an 18% stake in the company, will not be easily ignored. While this group cannot necessarily take the lead, it can certainly have a real influence on how the business is run.
Owned by a private company
It appears that private companies own 17% of the shares of VOXX International. Private companies can be related parties. Sometimes insiders have an interest in a public company through a stake in a private company, rather than in their own capacity as an individual. While it is difficult to draw general conclusions, it should be noted that this is an additional area of research.
It’s always worth thinking about the different groups that own shares in a company. But to understand VOXX International better, there are many other factors that we need to consider.
I like to dive deeper on the performance of a company in the past. You can access this interactive graphic past profits, income and cash flow, free of charge.
But finally it’s the future, not the past, which will determine the success of the owners of this business. Therefore, we believe it is advisable to take a look at this free report showing whether analysts are predicting a better future.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.
This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.
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