Who Are The Top Investors In Shop Apotheke Europe NV (ETR:SAE)?

If you want to know who really controls Shop Apotheke Europe NV (ETR:SAE), then you’ll have to look at the makeup of its share registry. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I quite like to see at least a little bit of insider ownership. As Charlie Munger said ‘Show me the incentive and I will show you the outcome.’

Shop Apotheke Europe is a smaller company with a market capitalization of €576.0m, so it may still be flying under the radar of many institutional investors. Taking a look at the our data on the ownership groups (below), it’s seems that institutions are noticeable on the share registry. Let’s delve deeper into each type of owner, to discover more about SAE.

View our latest analysis for Shop Apotheke Europe

XTRA:SAE Ownership Summary September 24th 18
XTRA:SAE Ownership Summary September 24th 18

What Does The Institutional Ownership Tell Us About Shop Apotheke Europe?

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.

We can see that Shop Apotheke Europe does have institutional investors; and they hold 23.8% of the stock. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. 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 Shop Apotheke Europe’s earnings history, below. Of course, the future is what really matters.

XTRA:SAE Income Statement Export September 24th 18
XTRA:SAE Income Statement Export September 24th 18

Hedge funds don’t have many shares in Shop Apotheke Europe. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

Insider Ownership Of Shop Apotheke Europe

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.

It seems insiders own a significant proportion of Shop Apotheke Europe NV. It has a market capitalization of just €576.0m, and insiders have €231.5m 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.