The most optimistic insider of Ganesh Housing Corporation Limited (NSE: GANESHHOUC) is CEO Shekhar Patel, and the value of their holdings rose 14% last week
To get a sense of who actually controls Ganesh Housing Corporation Limited (NSE: GANESHHOUC), it is important to understand the ownership structure of the business. And the group that holds the biggest slice of the pie is individual insiders with 68% ownership. That is, the group is most likely to benefit the most if the stock rises (or to lose the most if there is a decline).
As a result, insiders were the main beneficiaries of last week’s 14% gain.
Let’s take a closer look at what different types of shareholders can tell us about Ganesh Housing.
See our latest review for Ganesh Housing
What does institutional ownership tell us about Ganesh Housing?
Many institutions measure their performance against an index that approximates the local market. Thus, they generally pay more attention to companies that are included in the major indices.
Since institutions only own a small portion of Ganesh Housing, many may not have spent much time examining the inventory. But it is clear that some have; and they liked it enough to buy it. So if the business itself can improve over time, we may well see more institutional buyers in the future. It is not uncommon to see a sharp rise in stock prices if several institutional investors attempt to buy a stock at the same time. So check out the historical earnings path below, but keep in mind that it’s the future that matters most.
We note that the hedge funds do not have a significant investment in Ganesh Housing. Looking at our data, we can see that the largest shareholder is CEO Shekhar Patel with 29% of the shares outstanding. Dipakkumar Patel is the second largest shareholder holding 26% of the common stock and Kunal Shah owns around 3.9% of the shares of the company. Interestingly, the second largest shareholder, Dipakkumar Patel, is also Top Key Executive, again, indicating strong insider ownership among the major shareholders of the company.
A more detailed study of the register of shareholders showed us that 2 of the main shareholders hold a considerable share of the ownership of the company, through their 55% stake.
While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. We do not see any analyst coverage of the stock at this time, so the company is unlikely to be widely held.
Insider property of Ganesh Housing
The definition of business insiders can be subjective and vary from jurisdiction to jurisdiction. Our data reflects individual insiders, capturing at least board members. The management of the company is accountable to the board of directors and the board must represent the interests of the shareholders. Notably, sometimes senior executives themselves sit on the board.
I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.
Our most recent data indicates that insiders own the majority of Ganesh Housing Corporation Limited. This means that they can collectively make decisions for the business. So they have a 7.3 billion yen stake in this 11 billion yen company. Most would say this is a positive, showing strong alignment with shareholders. You can click here to see if these insiders have bought or sold.
General public property
The general public, who are generally individual investors, own 27% of the capital of Ganesh Housing. While this group cannot necessarily take the lead, it can certainly have a real influence on how the business is run.
It’s always worth thinking about the different groups that own shares in a company. But to better understand Ganesh Housing, there are many other factors that we need to take into account. For example, we discovered 3 warning signs for Ganesh Housing (1 is significant!) That you should know before investing here.
Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of interesting companies.
NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.