A look at the shareholders of SIGA Technologies, Inc. (NASDAQ:SIGA) can tell us which group is most powerful. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don't tell me what you think, tell me what you have in your portfolio.
SIGA Technologies isn't enormous, but it's not particularly small either. It has a market capitalization of US$838m, which means it would generally expect to see some institutions on the share registry. Our analysis of the ownership of the company, below, shows that institutions own shares in the company. Let's take a closer look to see what the different types of shareholders can tell us about SIGA Technologies.
SIGA Technologies并不是很大，但也不是特别小。它的市值为8.38亿美元，这意味着它通常会预计会有一些机构出现在股票登记簿上。我们对公司所有权的分析如下所示，机构拥有公司的股份。让我们仔细看看不同类型的股东能告诉我们关于SIGA Technologies的什么。
Check out our latest analysis for SIGA Technologies
What Does The Institutional Ownership Tell Us About SIGA Technologies?
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.
SIGA Technologies already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. 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 SIGA Technologies' earnings history below. Of course, the future is what really matters.
SIGA Technologies已经在股票登记处登记了机构。事实上，他们在该公司拥有可观的股份。这表明在专业投资者中有一定的可信度。但我们不能仅仅依靠这一事实，因为机构有时会做出糟糕的投资，就像每个人一样。如果多家机构同时改变对一只股票的看法，你可能会看到股价迅速下跌。因此，值得看看下面SIGA Technologies的盈利历史。当然，未来才是真正重要的。
It looks like hedge funds own 5.0% of SIGA Technologies shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. MacAndrews & Forbes Incorporated is currently the company's largest shareholder with 33% of shares outstanding. With 6.9% and 5.0% of the shares outstanding respectively, John Lewis and D. E. Shaw & Co., L.P. are the second and third largest shareholders. Additionally, the company's CEO Phillip Gomez directly holds 0.7% of the total shares outstanding.
看起来对冲基金持有SIGA Technologies 5.0%的股份。这一点值得注意，因为对冲基金往往是相当活跃的投资者，他们可能会试图影响管理层。许多人希望在短期或中期看到价值创造(以及更高的股价)。麦克安德鲁斯和福布斯公司目前是该公司的最大股东，持有33%的流通股。John Lewis和D.E.Shaw&Co.L.P.分别持有6.9%和5.0%的流通股，是第二大和第三大股东。此外，该公司首席执行官菲利普·戈麦斯直接持有总流通股的0.7%。
Our research also brought to light the fact that roughly 50% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There is some analyst coverage of the stock, but it could still become more well known, with time.
Insider Ownership Of SIGA Technologies
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. 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.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
Our most recent data indicates that insiders own a reasonable proportion of SIGA Technologies, Inc.. Insiders have a US$109m stake in this US$838m business. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling.
General Public Ownership
With a 13% ownership, the general public, mostly comprising of individual investors, have some degree of sway over SIGA Technologies. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Equity Ownership
With a stake of 33%, private equity firms could influence the SIGA Technologies board. Some might like this, because private equity are sometimes activists who hold management accountable. But other times, private equity is selling out, having taking the company public.
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for SIGA Technologies (1 doesn't sit too well with us!) that you should be aware of before investing here.
If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an 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 account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。