Although Maxim Power Corp. (TSE:MXG) insiders have sold lately, they have the highest ownership with 38% stake
In This Article:
Key Insights
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Maxim Power's significant insider ownership suggests inherent interests in company's expansion
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A total of 2 investors have a majority stake in the company with 70% ownership
A look at the shareholders of Maxim Power Corp. (TSE:MXG) can tell us which group is most powerful. We can see that individual insiders own the lion's share in the company with 38% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Despite selling some shares recently, insiders control a good portion of the company's stock.
Let's delve deeper into each type of owner of Maxim Power, beginning with the chart below.
View our latest analysis for Maxim Power
What Does The Institutional Ownership Tell Us About Maxim Power?
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 Maxim Power. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Maxim Power's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in Maxim Power. Looking at our data, we can see that the largest shareholder is Alpine Capital Corp. with 35% of shares outstanding. For context, the second largest shareholder holds about 35% of the shares outstanding, followed by an ownership of 2.6% by the third-largest shareholder. Additionally, the company's CEO Robert Emmott directly holds 0.6% of the total shares outstanding.
To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of Maxim Power
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.