If you want to know who actually controls Nuix Limited (ASX:NXL), you should look at the composition of its share register. The group with the largest shareholding in the company, around 34% to be exact, are private investors. In other words, the group stands to gain (or lose) the most from its investment in the company.
As a result, retail investors posted the highest score last week, with market capitalization reaching A$221 million after an 18% increase in the share price.
Let’s take a closer look at each type of Nuix owner from the table below.
Our analysis NXL may be overrated.
What can institutional ownership tell us about Nuix?
Many financial institutions measure their performance against indices that approximate local markets. As such, they typically pay more attention to companies included in major indices.
As you can see, institutional investors have a sizeable stake in Nuix. This indicates a certain level of credibility among professional investors. But that fact alone cannot be relied upon. Because institutional investors, like everyone else, sometimes make bad investments. When two large institutional investors try to sell their shares at the same time, it’s not uncommon for the stock price to drop significantly. Therefore, it’s worth taking a look at Nuix’s historical earnings trajectory (below). Of course, keep in mind that there are other factors to consider as well.
Nuix is ​​not owned by a hedge fund. According to our data, Macquarie Corporate Holdings Pty Limited is his largest shareholder with 30% of the outstanding shares. In contrast, the second and his third largest shareholders hold about 7.2% and 5.3% of the shares.
Our research also uncovered the fact that about 52% of companies are controlled by the top five shareholders, suggesting that these owners have significant influence over the business.
Researching institutional ownership is a good way to measure and filter a stock’s expected performance. The same can be achieved by studying analyst sentiment. There’s a little bit of analyst coverage on stocks, but not much. So there is room for more coverage.
Nuix Insider Ownership
The definition of an insider may vary slightly from country to country, but board members are always important. The company’s management runs the business, but the CEO answers the board even though he is a member of the board.
Insider ownership is positive if leadership shows that they think like true owners of the company. However, high insider ownership can also give greater power to smaller groups within the company. This can be negative in some situations.
You can report that an insider owns shares in Nuix Limited. With a market capitalization of just his A$221 million, insiders own A$5.1 million worth of shares in his name. This shows at least some degree of agreement, but we usually want to see the larger insider holdings.
general public
The general public, including private investors, own 34% of the company’s shares, so they can’t simply ignore it. This group does not decide everything, but it definitely has a big influence on the management of the company.
Private equity ownership
With 30% ownership, the private equity firm is well positioned to play a role in shaping corporate strategy focused on value creation. Private equity can be long-lived, but generally speaking, private equity has a short investment horizon and, as the name suggests, does not invest much in public companies. After some time, they may consider selling the capital and relocating it elsewhere.
Private Company Ownership
We can see that the private company owns ​​4.6% of the outstanding shares. It might be worth looking deeper into this. If an insider or other party has an interest in any of these private companies, they must disclose it in their annual report. Private companies may also have a strategic interest in the company.
Next step:
It’s always worth thinking about the different groups that own shares in the company. But to better understand Nuix, many other factors need to be considered. For example, consider risk.All companies have them and we found Nuix One Warning Sign you should know about
Finally the future is the most important. You can access this freedom A report on the company’s analyst forecasts.
Note: The numbers in this article are calculated using the last 12 months of data. This refers to his 12-month period ending on the last day of the month in which the financial statements are dated. This may not match the annual report figures for the full year.
Valuation is complicated, but we’re here to help make it simple.
find out if Nuix You may be overestimated or underestimated by checking out our comprehensive analysis including: Fair value estimates, risks and warnings, dividends, insider trading and financial health.
View Free Analysis
Do you have feedback on this article? What interests you? contact directly with us. Or send an email to our editorial team (at) Simplywallst.com.
This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
