Jupiter Mines Limited's (ASX:JMS) largest shareholders are individual investors with 50% ownership, private companies own 36%
In This Article:
Key Insights
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The considerable ownership by individual investors in Jupiter Mines indicates that they collectively have a greater say in management and business strategy
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50% of the business is held by the top 16 shareholders
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Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock
To get a sense of who is truly in control of Jupiter Mines Limited (ASX:JMS), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 50% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
And private companies on the other hand have a 36% ownership in the company.
Let's take a closer look to see what the different types of shareholders can tell us about Jupiter Mines.
View our latest analysis for Jupiter Mines
What Does The Institutional Ownership Tell Us About Jupiter Mines?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Jupiter Mines does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Jupiter Mines' earnings history below. Of course, the future is what really matters.
Jupiter Mines is not owned by hedge funds. Ntsimbintle Holdings (Pty) Ltd is currently the largest shareholder, with 21% of shares outstanding. In comparison, the second and third largest shareholders hold about 10% and 6.9% of the stock.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 16 shareholders, meaning that no single shareholder has a majority interest in the ownership.
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. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.
Insider Ownership Of Jupiter Mines
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.