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Retail Investors in Waterdrop Inc. (NYSE:WDH) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 24% Last Week

Retail Investors in Waterdrop Inc. (NYSE:WDH) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 24% Last Week

Waterdrop Inc.(纽约证券交易所代码:WDH)的散户投资者是其最大的博彩玩家,随着上周股价上涨24%,他们的赌注得到了回报
Simply Wall St ·  05/22 18:30

Key Insights

关键见解

  • Waterdrop's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
  • A total of 3 investors have a majority stake in the company with 56% ownership
  • 22% of Waterdrop is held by insiders
  • Waterdrop拥有大量散户投资者的所有权,这表明关键决策受到广大公众股东的影响
  • 共有3名投资者拥有该公司的多数股权,拥有56%的所有权
  • 22% 的 Waterdrop 由内部人士持有

If you want to know who really controls Waterdrop Inc. (NYSE:WDH), then you'll have to look at the makeup of its share registry. We can see that retail investors own the lion's share in the company with 27% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

如果你想知道谁真正控制着Waterdrop Inc.(纽约证券交易所代码:WDH),那么你必须看看其股票登记处的构成。我们可以看到,散户投资者拥有该公司的大部分股份,所有权为27%。换句话说,该集团面临最大的上行潜力(或下行风险)。

As a result, retail investors were the biggest beneficiaries of last week's 24% gain.

结果,散户投资者是上周24%涨幅的最大受益者。

Let's delve deeper into each type of owner of Waterdrop, beginning with the chart below.

让我们从下图开始,深入研究Waterdrop的每种所有者。

ownership-breakdown
NYSE:WDH Ownership Breakdown May 22nd 2024
纽约证券交易所:WDH 所有权明细 2024 年 5 月 22 日

What Does The Institutional Ownership Tell Us About Waterdrop?

关于水滴,机构所有权告诉我们什么?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

机构在向自己的投资者报告时通常会根据基准来衡量自己,因此,一旦股票被纳入主要指数,他们通常会对股票更加热情。我们预计大多数公司都会有一些机构在册,尤其是在它们正在成长的情况下。

As you can see, institutional investors have a fair amount of stake in Waterdrop. 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 Waterdrop, (below). Of course, keep in mind that there are other factors to consider, too.

如您所见,机构投资者在Waterdrop中拥有相当数量的股份。这表明专业投资者有一定的信誉。但是我们不能仅仅依靠这个事实,因为机构有时会像所有人一样进行不良投资。如果两个大型机构投资者试图同时抛售股票,股价大幅下跌的情况并不少见。因此,值得检查一下Waterdrop过去的收益轨迹(见下文)。当然,请记住,还有其他因素需要考虑。

earnings-and-revenue-growth
NYSE:WDH Earnings and Revenue Growth May 22nd 2024
纽约证券交易所:WDH收益和收入增长 2024年5月22日

We note that hedge funds don't have a meaningful investment in Waterdrop. Our data shows that Tencent Holdings Limited is the largest shareholder with 22% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 22% and 12%, of the shares outstanding, respectively. Peng Shen, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.

我们注意到,对冲基金没有对Waterdrop进行有意义的投资。我们的数据显示,腾讯控股有限公司是最大股东,已发行股份的22%。同时,第二和第三大股东分别持有已发行股份的22%和12%。作为第二大股东的彭慎也恰好拥有首席执行官的头衔。

A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 56% stake.

对股东登记册的更详细研究表明,前三名股东通过其56%的股份拥有公司的大量所有权。

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. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

虽然研究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哪个方向吹来也是有意义的。尽管有一些分析师的报道,但该公司的报道可能并不广泛。因此,在未来它可能会引起更多关注。

Insider Ownership Of Waterdrop

Waterdrop 的内部所有权

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.

尽管内部人士的确切定义可能是主观的,但几乎每个人都认为董事会成员是内部人士。管理层最终对董事会负责。但是,经理成为执行委员会成员的情况并不少见,尤其是当他们是创始人或首席执行官时。

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

我通常认为内部所有权是一件好事。但是,在某些情况下,这使其他股东更难追究董事会对决策的责任。

Our information suggests that insiders maintain a significant holding in Waterdrop Inc.. Insiders own US$102m worth of shares in the US$469m company. 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.

我们的信息表明,内部人士持有Waterdrop Inc.的大量股份。内部人士拥有这家价值4.69亿美元的公司价值1.02亿美元的股份。我们可以说这表明了与股东的一致性,但值得注意的是,该公司仍然很小;一些内部人士可能已经创立了该公司。你可以点击这里查看这些内部人士是否在买入或卖出。

General Public Ownership

一般公有制

The general public-- including retail investors -- own 27% 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.

包括散户投资者在内的公众拥有该公司27%的股份,因此不容易被忽视。这种所有权规模虽然可观,但如果决定与其他大股东不同步,可能不足以改变公司的政策。

Private Equity Ownership

私募股权所有权

Private equity firms hold a 12% stake in Waterdrop. This suggests they can be influential in key policy decisions. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.

私募股权公司持有Waterdrop12%的股份。这表明他们可以在关键政策决策中发挥影响力。一些投资者可能会为此感到鼓舞,因为私募股权有时能够鼓励制定有助于市场看到公司价值的策略。或者,这些持有人可能会在投资上市后退出投资。

Private Company Ownership

私人公司所有权

It seems that Private Companies own 4.3%, of the Waterdrop 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.

私人公司似乎拥有水滴股票的4.3%。仅凭这一事实很难得出任何结论,因此值得研究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对上市公司的股份拥有权益。

Public Company Ownership

上市公司所有权

Public companies currently own 22% of Waterdrop stock. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

上市公司目前拥有 Waterdrop 22% 的股份。我们无法确定,但这很可能是一个战略利益。这些企业可能相似,也可以合作。

Next Steps:

后续步骤:

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 instance, we've identified 1 warning sign for Waterdrop that you should be aware of.

我觉得看看究竟谁拥有一家公司非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。例如,我们已经确定了 Waterdrop 的 1 个警告标志,你应该注意这一点。

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

如果你想了解分析师对未来增长的预测,千万不要错过这份关于分析师预测的免费报告。

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.

注意:本文中的数字是使用过去十二个月的数据计算得出的,这些数据是指截至财务报表日期当月最后一天的12个月期间。这可能与全年年度报告数据不一致。

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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


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