A look at the shareholders of Phivida Holdings
Inc. (CNSX:VIDA) can tell us
which group is most powerful. Institutions often own shares in more
established companies, while itâs not unusual to see insiders own a
fair bit of smaller companies. I quite like to see at least a
little bit of insider ownership. As Charlie Munger said âShow me
the incentive and I will show you the outcome.â
Phivida Holdings is not a large company by global
standards. It has a market capitalization of CA$36m, which means it
wouldnât have the attention of many institutional investors. Taking
a look at our data on the ownership groups (below), itâs seems that
institutional investors have not yet purchased shares. We can zoom
in on the different ownership groups, to learn more about VIDA.
Check out our latest
analysis for Phivida Holdings
We donât tend to see institutional investors
holding stock of companies that are very risky, thinly traded, or
very small. Though we do sometimes see large companies without
institutions on the register, itâs not particularly common.
There could be various reasons why no
institutions own shares in a company. Typically, small, newly
listed companies donât attract much attention from fund managers,
because it would not be possible for large fund managers to build a
meaningful position in the company. Alternatively, there might be
something about the company that has kept institutional investors
away. Institutional investors may not find the historic growth of
the business impressive, or there might be other factors at play.
You can see the past revenue performance of Phivida Holdings, for
Phivida Holdings is not owned by hedge funds. Our
information suggests that there isnât any analyst coverage of the
stock, so it is probably little known.
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.
Our most recent data indicates that insiders own
a reasonable proportion of Phivida Holdings Inc.. Insiders own
CA$5.5m worth of shares in the CA$36m company. It is great to see
insiders so invested in the business. It might be worth checking
if those insiders have been
The general public â mostly retail investors â
own 84% of Phivida Holdings . With this size of ownership, retail
investors can collectively play a role in decisions that affect
shareholder returns, such as dividend policies and the appointment
of directors. They can also exercise the power to decline an
acquisition or merger that may not improve profitability.
Itâs always worth thinking about the different
groups who own shares in a company. But to understand Phivida
Holdings better, we need to consider many other factors.
I always like to check for a history of
revenue growth. You can too, by accessing this free chart
of historic revenue and
earnings in this detailed graph.
Of course this may not be the best stock
to buy. So take a peek at this free
of interesting companies.
NB: Figures in this article are calculated
using data from the last twelve months, which refer to the 12-month
period ending on the last date of the month the financial statement
is dated. This may not be consistent with full year annual report
We aim to bring you long-term focused research
analysis driven by fundamental data. Note that our analysis may not
factor in the latest price-sensitive company announcements or
If you spot an error that warrants correction, please contact
the editor at
[email protected] This article by Simply Wall St
is general in nature. It does not constitute a recommendation to
buy or sell any stock, and does not take account of your
objectives, or your financial situation. Simply Wall St has no
position in the stocks mentioned. Thank you for reading.