Big week for Silverlake Axis Ltd (SGX: 5CP) insiders who own 71% stake and haven’t stopped buying

To get an idea of ​​who actually controls Silverlake Axis Ltd (SGX:5CP), it is important to understand the ownership structure of the company. And the group that holds the biggest slice of the pie are individual insiders with 71% ownership. In other words, the group is likely to gain the most (or lose the most) from its investment in the business.

Our data shows that insiders recently bought shares in the company and were rewarded after the market capitalization increased by S$94 million last week.

In the table below we zoom in on the different ownership groups of Silverlake Axis.

Check out our latest analysis for Silverlake Axis

SGX: 5CP Ownership Breakdown March 16, 2022

What does institutional ownership tell us about Silverlake Axis?

Institutional investors typically compare their own returns to the returns of a commonly tracked index. They therefore generally consider buying larger companies that are included in the relevant benchmark.

Since institutions only own a small portion of Silverlake Axis, many may not have spent much time considering the stock. But it is clear that some did; and they liked it enough to join. If the company strengthens from here, we could see a situation where more institutions are eager to buy. We sometimes see a rise in the stock price when a few large institutions want to buy a certain stock at the same time. Earnings and revenue history, which you can see below, could be helpful in determining whether more institutional investors will want the stock. Of course, there are also many other factors to consider.

SGX: 5CP Earnings and Revenue Growth March 16, 2022

Silverlake Axis is not owned by hedge funds. Our data suggests that Peng Ooi Goh, who is also the company’s Top Key Executive, owns the most shares at 69%. When an insider owns a significant amount of stock in a company, investors view it as a positive sign, as it suggests that insiders are willing to tie their wealth to the future of the company. In comparison, the second and third shareholders hold around 1.5% and 1.1% of the shares.

Institutional ownership research is a good way to assess and filter the expected performance of a stock. The same can be obtained by studying the feelings of the analyst. Although there is some analyst coverage, the company is probably not widely covered. So it could attract more attention, on the track.

Silverlake Axis Insider Ownership

The definition of company insiders can be subjective and varies from jurisdiction to jurisdiction. Our data reflects individual insiders, capturing at least board members. The management of the company answers to the board of directors and the latter must represent the interests of the shareholders. In particular, sometimes the senior executives themselves sit on the board of directors.

Most view insider ownership as a positive because it can indicate that the board is well aligned with other shareholders. However, there are times when too much power is concentrated within this group.

It appears that insiders own more than half of the shares of Silverlake Axis Ltd. It gives them a lot of power. Given that it has a market capitalization of S$829 million, that means they have shares worth S$592 million. Good to see this level of investment. You can check here if these insiders have bought recently.

General public property

The general public, who are typically individual investors, own a 24% stake in Silverlake Axis. Although this group may not necessarily make the decisions, they can certainly have a real influence on the way the business is run.

Next steps:

It is always useful to think about the different groups that own shares in a company. But to better understand Silverlake Axis, we need to consider many other factors. Take risks for example – Silverlake Axis has 1 warning sign we think you should know.

Ultimately the future is the most important. You can access this free analyst forecast report for the company.

NB: The figures in this article are calculated using trailing twelve month data, which refers to the 12 month period ending on the last day of the month in which the financial statements are dated. This may not be consistent with the annual report figures for the full year.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.