A look at the shareholders of Matthews International Corporation (NASDAQ: MATW) can tell us which group is more powerful. Generally speaking, as a business grows, institutions increase their participation. Conversely, insiders often decrease their ownership over time. Companies that have been privatized tend to have low insider ownership.
Matthews International has a market cap of US $ 1.1 billion, so we would expect some institutional investors to take notice of the action. In the graph below, we can see that institutional investors have bought into the company. We can zoom in on the different property groups, to find out more about Matthews International.
NasdaqGS: Distribution of MATW property October 19, 2021
What does institutional ownership tell us about Matthews International?
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 businesses to have some institutions listed, especially if they are growing.
We can see that Matthews International has institutional investors; and they own a large portion of the company’s stock. This implies that analysts working for these institutions have reviewed the action and appreciate it. But like everyone else, they could be wrong. If several institutions change their mind about a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out Matthews International’s earnings history below. Of course, the future is what really matters.
NasdaqGS: MATW Earnings and Revenue Growth October 19, 2021
Institutional investors own more than 50% of the company, so together they can probably strongly influence the decisions of the board. Hedge funds don’t have a lot of shares in Matthews International. Our data shows that BlackRock, Inc. is the largest shareholder with 17% of the shares outstanding. Meanwhile, the second and third largest shareholders hold 11% and 4.9% of the outstanding shares, respectively. Additionally, we found that Joseph Bartolacci, the CEO, owns 1.0% of the shares attributed to their name.
Upon closer inspection, we found that more than half of the company’s shares are owned by the top 9 shareholders, suggesting that the interests of the larger shareholders are to some extent offset by the smaller ones.
While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. There are a lot of analysts covering the stock, so you can look at expected growth quite easily.
Insider property of Matthews International
The definition of an insider may differ slightly from country to country, but board members still count. The management of the company manages the company, but the CEO will report to the board of directors, even if he is a member of the board.
Most view insider ownership as a positive, as it can indicate that the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our most recent data indicates that insiders own shares of Matthews International Corporation. Insiders have a significant stake worth $ 36 million. Most would see this as a real benefit. If you would like to explore the issue of insider alignment, you can click here to see if any insiders bought or sold.
General public property
The general public, with a 14% stake in the company, will not be easily ignored. While this property size may not be enough to influence a policy decision in their favor, they can still have a collective impact on company policies.
I find it very interesting to see who exactly owns a company. But to really understand better, we have to take other information into account as well. To this end, you need to know the 3 warning signs we spotted with Matthews International .
If you’d rather find out what analysts are predicting in terms of future growth, don’t miss this free analyst forecast report.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.
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