To get an idea of ​​who actually controls iFAST Corporation Ltd. (SGX: AIY), it is important to understand the ownership structure of the business. And the group that holds the biggest slice of the pie are individual investors with 29% ownership. In other words, the group faces the maximum upside potential (or downside risk).

While insiders who hold 29% came under pressure after the market capitalization fell to S$1.4 billion last week, retail investors suffered the most losses.

Let’s dive deeper into each owner type of iFAST, starting with the table below.

See our latest analysis for iFAST

What does institutional ownership tell us about iFAST?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it is included in a major index. We would expect most companies to have some institutions listed, especially if they are growing.

iFAST already has institutions on the share register. Indeed, they hold a respectable stake in the company. This may indicate that the company has some degree of credibility in the investment community. However, it is better to be wary of relying on the so-called validation that accompanies institutional investors. They are also sometimes wrong. If multiple institutions change their minds on a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out iFAST’s revenue history below. Of course, the future is what really matters.

Hedge funds do not have many shares in iFAST. The company’s CEO, Chung Chun Lim, is the largest shareholder with 19% of the outstanding shares. In comparison, the second and third shareholders hold around 14% and 13% of the shares.

Our research also shed light on the fact that approximately 53% of the company is controlled by the 4 major shareholders, suggesting that these owners wield significant influence over the company.

While it makes sense to study data on a company’s institutional ownership, it also makes sense to study analyst sentiment to find out which way the wind is blowing. A number of analysts cover the stock, so you can look at growth forecasts quite easily.

Insider Ownership of iFAST

The definition of an insider may differ slightly from country to country, but board members still matter. Management is ultimately responsible to the board of directors. However, it is not uncommon for managers to be members of the management board, especially if they are founders or CEOs.

Most view insider ownership as a positive because it can indicate that the board is well aligned with other shareholders. However, there are times when too much power is concentrated within this group.

It appears that insiders hold a large share of iFAST Corporation Ltd. It is quite significant. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if these insiders have been buying or selling.

General public property

The general public, who are typically individual investors, hold a 29% stake in iFAST. Although this group may not necessarily make the decisions, they can certainly have a real influence on the way the business is run.

Ownership of a public company

We can see that public companies hold 13% of iFAST shares outstanding. It’s hard to say for sure, but it suggests they have intertwined business interests. This could be a strategic stake, so it’s worth monitoring this space for ownership changes.

Next steps:

It is always useful to think about the different groups that own shares in a company. But to better understand iFAST, we need to consider many other factors. For example, we have identified 2 warning signs for iFAST of which you should be aware.

If you prefer to find out what analysts are predicting in terms of future growth, don’t miss this free analyst forecast report.

NB: The figures in this article are calculated using trailing twelve month data, which refers to the 12 month period ending on the last day of the month in which the financial statements are dated. This may not be consistent with the annual report figures for the full year.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.