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If you want to know who really controls Himatsingka Seide Limited (NSE:HIMATSEIDE), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.’
Himatsingka Seide is not a large company by global standards. It has a market capitalization of ₹22.32b, which means it wouldn’t have the attention of many institutional investors. Taking a look at the our data on the ownership groups (below), it’s seems that institutions own shares in the company. Let’s take a closer look to see what the different types of shareholder can tell us about HIMATSEIDE.
See our latest analysis for Himatsingka Seide
What Does The Institutional Ownership Tell Us About Himatsingka Seide?
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 companies to have some institutions on the register, especially if they are growing.
Himatsingka Seide already has institutions on the share registry. Indeed, they own 19.2% 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Himatsingka Seide, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don’t have many shares in Himatsingka Seide. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Himatsingka Seide
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.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems insiders own a significant proportion of Himatsingka Seide Limited. Insiders have a ₹8.60b stake in this ₹22.32b business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.