What Type Of Shareholder Owns Zumtobel Group AG's (VIE:ZAG)?

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If you want to know who really controls Zumtobel Group AG (VIE:ZAG), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. 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.'

Zumtobel Group is a smaller company with a market capitalization of €330m, so it may still be flying under the radar of many institutional investors. In the chart below below, we can see that institutions are not really that prevalent on the share registry. We can zoom in on the different ownership groups, to learn more about ZAG.

View our latest analysis for Zumtobel Group

WBAG:ZAG Ownership Summary, July 15th 2019
WBAG:ZAG Ownership Summary, July 15th 2019

What Does The Institutional Ownership Tell Us About Zumtobel Group?

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.

Since institutions own under 5% of Zumtobel Group, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. When multiple institutional investors want to buy shares, we often see a rising share price. The past revenue trajectory (shown below) can be an indication of future growth, but there are no guarantees.

WBAG:ZAG Income Statement, July 15th 2019
WBAG:ZAG Income Statement, July 15th 2019

We note that hedge funds don't have a meaningful investment in Zumtobel Group. 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 Zumtobel Group

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. 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.

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.

Our information suggests that insiders maintain a significant holding in Zumtobel Group AG. It has a market capitalization of just €330m, and insiders have €121m 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.