Catapult Holdings, Inc. What Percentage Of (NASDAQ:KPLT) Shares Are Insiders Owned?
Catapult Holdings, Inc. (NASDAQ:KPLT) every investor should know about the most powerful shareholder groups. Institutions often own shares in more established companies, while it is not uncommon to see insiders owning smaller companies. I generally like to see some degree of insider ownership, even if it’s just a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what’s in your portfolio.
With a market capitalization of US$133m, Katapult Holdings is a small cap stock, so it may not be well known by many institutional investors. Our analysis of company ownership below shows that institutional investors have bought into the company. Let’s look at what different types of shareholders can tell us about Catapult Holdings.
See our latest analysis for Catapult Holdings
NasdaqGM: KPLT Ownership Breakdown August 3, 2022
What does institutional ownership tell us about Catapult Holdings?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more excited about a stock once it is included in a major index. We expect most companies to have a few institutions on their register, especially if they are growing.
As you can see, institutional investors hold a substantial stake in Catapult Holdings. This may indicate that the company has some degree of credibility in the investment community. However, it is best to be wary of relying on the validation that comes with institutional investors. Sometimes they get it wrong too. If two large institutional investors try to sell a stock at the same time, it is not unusual to see a large drop in the share price. So it’s worth examining the past earnings trajectory of Catapult Holdings, (below). Of course, keep in mind that there are other factors to consider as well.
NasdaqGM: KPLT Earnings and Revenue Growth August 3, 2022
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. It appears that 5.1% of Catapult Holdings’ shares are controlled by a hedge fund. This is interesting, as hedge funds can be quite active and active. Many look for medium-term catalysts that will propel the stock price higher. Our data shows that CURO Group Holdings Corp., the asset management arm is the largest shareholder with 28% of outstanding shares. With 7.0% and 5.7% of the outstanding shares, respectively, Finserv Holdings LLC and Blumberg Capital, LLC are the second and third largest shareholders. In addition, we found that CEO Orlando Zayas holds 1.8% of the shares allotted to him in his name.
To make our study more interesting, we found that the top 5 shareholders control more than half of the company, which means that this group has considerable influence on the company’s decision-making.
Researching institutional ownership is a good way to measure and filter the expected performance of a stock. This can be achieved by studying the feelings of the analyst. The stock has some analyst coverage, but it may become more well-known over time.
Insider ownership of Catapult Holdings
The definition of a company insider can be subjective and varies between jurisdictions. Our data reflects individual insiders holding the minimum number of board members. The company answers to the management board and the latter must represent the interests of the shareholders. In particular, sometimes top-level managers are themselves on board.
Insider ownership is positive when it indicates that the leadership is thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. It can be negative in some circumstances.
We can see that Catapult Holdings, Inc. I have shares of insiders. In his own name, Insiders holds US$133m worth of stock in the company worth US$7.2m. It shows at least some alignment, but we usually like to see large inside holdings. You can click here to see if those insiders are buying or selling.
general public ownership
The general public – including retail investors – holds a 26% stake in the company, and therefore cannot easily be ignored. Although this size of ownership may not be sufficient to make policy decisions in their favor, they can still exert a collective influence on company policies.
private equity ownership
With a stake of 5.7%, private equity firm Catapult Holdings could impress the board. Some investors may be encouraged by this, as private equities are sometimes able to incentivize strategies that help the market see value in the company. Alternatively, those holders can exit after making the investment public.
private company ownership
Our data indicates that private companies hold 7.0% of the company’s shares. It’s hard to draw any conclusions from this fact alone, so it’s worth looking at who owns those private companies. Sometimes insiders or other related parties are interested in shares of a public company through a separate private company.
Next Steps:
I find it very interesting to see who actually owns a company. But to really gain insight, we need to consider other information as well. For this, you should learn about 3 warning signs We’ve seen that with Catapult Holdings (including 1 that doesn’t sit very well with us).
In the end the future is most important, you can access it free Report on analyst forecasts for the company.
Note: The figures in this article are calculated using data for the last twelve months, which refers to the 12-month period ending on the last date of the month on which the financial statement was dated. This may not be in line with the figures in the Annual Report for the whole year.
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This article by Simple Wall St. is general in nature. We only provide commentary based on historical data and analyst forecasts using an unbiased methodology and our articles are not intended to be financial advice. It does not recommend buying or selling any stock, and does not take into account your objectives, or your financial situation. We aim to bring you long-term focused analytics powered by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative content. Simple Wall St does not have a position in any of the stocks mentioned.
