FM Mattsson AB (publ)'s (STO:FMM B) biggest owners are retail investors who got richer after stock soared 10% last week
Key Insights
- FM Mattsson's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
- A total of 7 investors have a majority stake in the company with 50% ownership
- Insider ownership in FM Mattsson is 16%
To get a sense of who is truly in control of FM Mattsson AB (publ) (STO:FMM B), it is important to understand the ownership structure of the business. With 45% stake, retail investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
As a result, retail investors collectively scored the highest last week as the company hit kr2.9b market cap following a 10% gain in the stock.
In the chart below, we zoom in on the different ownership groups of FM Mattsson.
See our latest analysis for FM Mattsson
What Does The Institutional Ownership Tell Us About FM Mattsson?
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.
As you can see, institutional investors have a fair amount of stake in FM Mattsson. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at FM Mattsson's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in FM Mattsson. Svolder AB (publ) is currently the largest shareholder, with 15% of shares outstanding. Tibia Konsult Aktiebolag is the second largest shareholder owning 12% of common stock, and Lagerstedt & Krantz Ab holds about 12% of the company stock.
We did some more digging and found that 7 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
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. 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 FM Mattsson
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
Our information suggests that insiders maintain a significant holding in FM Mattsson AB (publ). Insiders own kr459m worth of shares in the kr2.9b company. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.
General Public Ownership
With a 45% ownership, the general public, mostly comprising of individual investors, have some degree of sway over FM Mattsson. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Company Ownership
It seems that Private Companies own 24%, of the FM Mattsson stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand FM Mattsson better, we need to consider many other factors. Be aware that FM Mattsson is showing 2 warning signs in our investment analysis , and 1 of those is concerning...
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.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.