Key Insights
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Insiders appear to have a vested interest in ViTrox Corporation Berhad's growth, as seen by their sizeable ownership
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56% of the business is held by the top 3 shareholders
If you want to know who really controls ViTrox Corporation Berhad (KLSE:VITROX), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 68% to be precise, is individual insiders. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
So it follows, every decision made by insiders of ViTrox Corporation Berhad regarding the company's future would be crucial to them.
Let's take a closer look to see what the different types of shareholders can tell us about ViTrox Corporation Berhad.
See our latest analysis for ViTrox Corporation Berhad
What Does The Institutional Ownership Tell Us About ViTrox Corporation Berhad?
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 ViTrox Corporation Berhad. 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 ViTrox Corporation Berhad's historic earnings and revenue below, but keep in mind there's always more to the story.
ViTrox Corporation Berhad is not owned by hedge funds. With a 27% stake, CEO Jenn Chu is the largest shareholder. Kok Siaw is the second largest shareholder owning 19% of common stock, and Shih Yeoh holds about 10% of the company stock. Interestingly, the second and third-largest shareholders also happen to be the Senior Key Executive and Member of the Board of Directors, respectively. This once again signifies considerable insider ownership amongst the company's top shareholders.
After doing some more digging, we found that the top 3 shareholders collectively control more than half of the company's shares, implying that they have considerable power to influence the company's decisions.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.