If you want to know who actually controls Venture Corporation Limited (SGX:V03), then you will need to look at the composition of their share register. And the group that holds the biggest slice of the pie are individual investors with 48% ownership. That is, the group will benefit the most if the stock goes up (or lose the most if there is a downturn).
Meanwhile, institutions represent 43% of the company’s shareholders. Institutions often own shares in larger companies, and we expect to see insiders owning a noticeable percentage of smaller ones.
Let’s dive deeper into each type of Venture owner, starting with the table below.
Check out our latest analysis for Venture
What does institutional ownership tell us about Venture?
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.
As you can see, institutional investors hold a sizeable share of Venture. This suggests some credibility with professional investors. But we cannot rely solely on this fact since institutions sometimes make bad investments, like everyone else. It is not uncommon to see a sharp decline in the stock price if two large institutional investors attempt to sell a stock at the same time. So it’s worth checking Venture’s past earnings trajectory (below). Of course, keep in mind that there are other factors to consider as well.
Venture does not belong to hedge funds. From our data, we deduce that the largest shareholder is Ngit Liong Wong (who also holds the title of Top Key Executive) with 7.1% of the shares outstanding. It’s generally considered a good sign when insiders hold a significant amount of stock in the company, and in that case, we’re happy to see a company insider act as a key stakeholder. Schroder Investment Management Limited is the second largest shareholder with 6.3% of the common stock and BlackRock, Inc. owns approximately 5.9% of the company’s stock.
A closer look at our ownership data shows that the top 25 shareholders collectively own less than half of the ledger, suggesting a large group of small shareholders where no single shareholder has a majority.
Institutional ownership research is a good way to assess and filter the expected performance of a stock. The same can be obtained by studying the feelings of the analyst. There are plenty of analysts covering the stock, so it might be interesting to see what they are predicting as well.
Venture Insider Ownership
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.
Shareholders would probably be interested to learn that insiders hold shares of Venture Corporation Limited. This is a big company, so it’s good to see this level of alignment. Insiders hold S$431 million worth of shares (at current prices). If you want to explore the issue of insider alignment, you can click here to see if insiders have been buying or selling.
General public property
The general public, who are generally individual investors, hold 48% of Venture’s capital. While this size of ownership may not be enough to sway a policy decision in their favor, they can still have a collective impact on company policies.
I find it very interesting to see who exactly owns a business. But to really get insight, we also need to consider other information. For example, we have identified 1 warning sign for Venture which you should be aware of.
But finally it’s the future, not the past, that will determine the success of the owners of this business. Therefore, we think it’s advisable to take a look at this free report showing whether analysts are predicting a brighter future.
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.
Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.
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.