JinkoSolar Holding Co., Ltd.'s (NYSE:JKS) most bullish insider is CEO Xiande Li, and their holdings value went up by 18% last week
In This Article:
Key Insights
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Significant insider control over JinkoSolar Holding implies vested interests in company growth
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A total of 7 investors have a majority stake in the company with 50% ownership
A look at the shareholders of JinkoSolar Holding Co., Ltd. (NYSE:JKS) can tell us which group is most powerful. We can see that individual insiders own the lion's share in the company with 37% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, insiders were the biggest beneficiaries of last week’s 18% gain.
Let's delve deeper into each type of owner of JinkoSolar Holding, beginning with the chart below.
Check out our latest analysis for JinkoSolar Holding
What Does The Institutional Ownership Tell Us About JinkoSolar Holding?
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 companies to have some institutions on the register, especially if they are growing.
JinkoSolar Holding already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 JinkoSolar Holding's earnings history below. Of course, the future is what really matters.
We note that hedge funds don't have a meaningful investment in JinkoSolar Holding. The company's CEO Xiande Li is the largest shareholder with 20% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 4.8% of the stock.
We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of JinkoSolar Holding
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.