Every investor in SES AI Corporation (NYSE:SES) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. I quite like to see at least a little bit of insider ownership. As Charlie Munger said 'Show me the incentive and I will show you the outcome.
SES AI isn't enormous, but it's not particularly small either. It has a market capitalization of US$1.7b, 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 are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about SES AI.
Check out our latest analysis for SES AI
NYSE:SES Ownership Breakdown August 6th 2022
What Does The Institutional Ownership Tell Us About SES AI?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in SES AI. 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. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of SES AI, (below). Of course, keep in mind that there are other factors to consider, too.
NYSE:SES Earnings and Revenue Growth August 6th 2022
We note that hedge funds don't have a meaningful investment in SES AI. Our data shows that SK Inc. is the largest shareholder with 12% of shares outstanding. With 12% and 9.3% of the shares outstanding respectively, Qichao Hu and Vertex One Asset Management Inc. are the second and third largest shareholders. Qichao Hu, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
Our research also brought to light the fact that roughly 51% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar.
Insider Ownership Of SES AI
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. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
It seems insiders own a significant proportion of SES AI Corporation. It is very interesting to see that insiders have a meaningful US$213m stake in this US$1.7b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.
General Public Ownership
The general public-- including retail investors -- own 23% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
Private Equity Ownership
With an ownership of 9.1%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. 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.
Private Company Ownership
It seems that Private Companies own 9.1%, of the SES AI stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
Public Company Ownership
Public companies currently own 28% of SES AI stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand SES AI better, we need to consider many other factors. For instance, we've identified 2 warning signs for SES AI (1 is significant) that you should be aware of.
Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
SES AI Corporation(纽约证券交易所代码:SE)的每一位投资者都应该知道最强大的股东群体。机构通常会持有较大公司的股票,我们预计内部人士将持有较小公司相当比例的股份。我非常希望看到至少有一点内部人持股。正如查理·芒格所说,给我看激励措施,我就会告诉你结果。
SES AI并不巨大,但也不是特别小。它的市值为17亿美元,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,机构在股票登记处是显而易见的。让我们更深入地研究每种类型的所有者,以发现更多关于SES AI的信息。
查看我们对SES AI的最新分析
纽约证券交易所:SES所有权明细2022年8月6日
关于SES AI,机构所有权告诉了我们什么?
机构投资者通常将自己的回报与经常跟踪的指数的回报进行比较。因此,他们通常确实会考虑收购被纳入相关基准指数的较大公司。
正如你所看到的,机构投资者在SES AI中拥有相当多的股份。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。如果两个大型机构投资者试图同时抛售一只股票,股价大幅下跌的情况并不少见。因此,值得查看一下SES AI,(见下图)的过去盈利轨迹。当然,请记住,还有其他因素需要考虑。
纽约证券交易所:SES收益和收入增长2022年8月6日
我们注意到,对冲基金没有对SES AI进行有意义的投资。我们的数据显示,SK Inc.是最大的股东,持有12%的流通股。胡启超和Vertex One Asset Management Inc.分别持有12%和9.3%的流通股,是第二大股东和第三大股东。作为第二大股东的胡启超也恰好持有首席执行官的头衔。
我们的研究还揭示了这样一个事实,即公司约51%的股份由前5名股东控制,这表明这些所有者对业务具有重大影响。
虽然研究一家公司的机构所有权数据是有意义的,但研究分析师的情绪以了解风向也是有意义的。据我们所知,没有分析师对该公司的报道,所以它很可能在雷达下飞行。
SES AI的内部人士所有权
公司内部人的定义可能是主观的,而且在不同的司法管辖区之间确实有所不同。我们的数据反映了个别内部人士,至少捕捉到了董事会成员。公司管理层对董事会负责,董事会应代表股东的利益。值得注意的是,有时最高层管理人员本身也是董事会成员。
内部人持股是积极的,当它标志着领导层像公司的真正所有者一样思考时。然而,高内部人持股也可以给公司内部的一个小团体带来巨大的权力。在某些情况下,这可能是负面的。
内部人士似乎拥有SES AI公司相当大的比例。非常有趣的是,内部人士在这笔17亿美元的业务中持有2.13亿美元的有意义的股份。大多数人会高兴地看到董事会与他们一起投资。你可能希望访问这张显示内部人士最近交易的免费图表。
一般公有制
包括散户投资者在内的普通公众持有该公司23%的股份,因此不能轻易忽视。这种规模的所有权虽然可观,但如果决策与其他大股东不同步,可能不足以改变公司政策。
私募股权所有权
私募股权公司拥有9.1%的股权,能够在塑造专注于价值创造的公司战略方面发挥作用。一些人可能会喜欢这样,因为私人股本有时是让管理层承担责任的积极分子。但在其他时候,私募股权公司让公司上市后,它们的股票都卖光了。
私营公司所有权
看起来,私营公司拥有9.1%的SES AI股票。仅从这一事实很难得出任何结论,因此值得调查一下谁拥有这些私营公司。有时,内部人士或其他关联方通过一家独立的私人公司拥有上市公司的股份。
上市公司所有权
上市公司目前持有SES AI股票的28%。这可能是一种战略利益,两家公司可能有相关的商业利益。这可能是因为它们已经解体。这一持股可能值得进一步调查。
接下来的步骤:
拥有一家公司股票的不同集团总是值得考虑的。但为了更好地理解SES AI,我们需要考虑许多其他因素。例如,我们已经确定SES AI的2个警告标志(1是重要的),您应该知道。
当然了这可能不是最值得购买的股票。。所以让我们来看看这个免费 免费有趣的公司名单。
注:本文中的数字是使用过去12个月的数据计算的,指的是截至财务报表日期的最后一个月的12个月期间。这可能与全年的年度报告数字不一致。
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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。