Advertisement
Canada markets close in 6 hours 12 minutes
  • S&P/TSX

    21,666.49
    +10.44 (+0.05%)
     
  • S&P 500

    5,023.36
    +1.15 (+0.02%)
     
  • DOW

    37,859.84
    +106.53 (+0.28%)
     
  • CAD/USD

    0.7266
    +0.0002 (+0.03%)
     
  • CRUDE OIL

    82.98
    +0.29 (+0.35%)
     
  • Bitcoin CAD

    85,941.67
    -671.63 (-0.78%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,395.90
    +7.50 (+0.31%)
     
  • RUSSELL 2000

    1,954.05
    +6.10 (+0.31%)
     
  • 10-Yr Bond

    4.6060
    +0.0210 (+0.46%)
     
  • NASDAQ

    15,667.42
    -15.96 (-0.10%)
     
  • VOLATILITY

    17.95
    -0.26 (-1.43%)
     
  • FTSE

    7,863.62
    +15.63 (+0.20%)
     
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • CAD/EUR

    0.6819
    +0.0017 (+0.25%)
     

How Much Of YANGAROO Inc. (CVE:YOO) Do Insiders Own?

The big shareholder groups in YANGAROO Inc. (CVE:YOO) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Warren Buffett said that he likes 'a business with enduring competitive advantages that is run by able and owner-oriented people'. So it's nice to see some insider ownership, because it may suggest that management is owner-oriented.

YANGAROO is not a large company by global standards. It has a market capitalization of CA$7.3m, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. Let's take a closer look to see what the different types of shareholder can tell us about YOO.

See our latest analysis for YANGAROO

TSXV:YOO Ownership Summary, September 11th 2019
TSXV:YOO Ownership Summary, September 11th 2019

What Does The Institutional Ownership Tell Us About YANGAROO?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

ADVERTISEMENT

YANGAROO already has institutions on the share registry. Indeed, they own 25% of the company. 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. 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 YANGAROO's historic earnings and revenue, below, but keep in mind there's always more to the story.

TSXV:YOO Income Statement, September 11th 2019
TSXV:YOO Income Statement, September 11th 2019

YANGAROO is not owned by hedge funds. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of YANGAROO

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.

Our most recent data indicates that insiders own a reasonable proportion of YANGAROO Inc.. It has a market capitalization of just CA$7.3m, and insiders have CA$1.5m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

The general public, with a 44% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Equity Ownership

Private equity firms hold a 10% stake in YOO. This suggests they can be influential in key policy decisions. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.