Airgain, Inc. (NASDAQ:AIRG) most popular amongst retail investors who own 46% of the shares, institutions hold 38%
In This Article:
Key Insights
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Airgain's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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A total of 18 investors have a majority stake in the company with 50% ownership
A look at the shareholders of Airgain, Inc. (NASDAQ:AIRG) can tell us which group is most powerful. The group holding the most number of shares in the company, around 46% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And institutions on the other hand have a 38% ownership in the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies.
Let's delve deeper into each type of owner of Airgain, beginning with the chart below.
View our latest analysis for Airgain
What Does The Institutional Ownership Tell Us About Airgain?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in Airgain. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Airgain, (below). Of course, keep in mind that there are other factors to consider, too.
Our data indicates that hedge funds own 6.5% of Airgain. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. William Blair Investment Management, LLC is currently the largest shareholder, with 7.2% of shares outstanding. Marathon Micro Partners, LLC is the second largest shareholder owning 6.5% of common stock, and Columbia Management Investment Advisers, LLC holds about 5.8% of the company stock. In addition, we found that Jacob Suen, the CEO has 0.8% of the shares allocated to their name.
A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.