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Oneview Healthcare PLC (ASX:ONE) most popular amongst individual investors who own 50%, insiders hold 39%

Key Insights

  • Oneview Healthcare's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public

  • 50% of the business is held by the top 18 shareholders

  • Insiders have been selling lately

If you want to know who really controls Oneview Healthcare PLC (ASX:ONE), then you'll have to look at the makeup of its share registry. We can see that individual investors own the lion's share in the company with 50% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Individual insiders, on the other hand, account for 39% of the company's stockholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.

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Let's take a closer look to see what the different types of shareholders can tell us about Oneview Healthcare.

View our latest analysis for Oneview Healthcare

ownership-breakdown
ASX:ONE Ownership Breakdown January 19th 2024

What Does The Institutional Ownership Tell Us About Oneview Healthcare?

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.

We can see that Oneview Healthcare does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Oneview Healthcare's earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
ASX:ONE Earnings and Revenue Growth January 19th 2024

Oneview Healthcare is not owned by hedge funds. James Vicars is currently the largest shareholder, with 32% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.4% and 2.2%, of the shares outstanding, respectively. James Fitter, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.

A deeper look at our ownership data shows that the top 18 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

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. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Oneview Healthcare

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

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 Oneview Healthcare PLC. It has a market capitalization of just AU$174m, and insiders have AU$69m worth of shares in their own names. 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

The general public, who are usually individual investors, hold a substantial 50% stake in Oneview Healthcare, suggesting it is a fairly popular stock. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Oneview Healthcare is showing 5 warning signs in our investment analysis , and 2 of those are a bit unpleasant...

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

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.