Powerbridge Technologies Co., Ltd.'s (NASDAQ:PBTS) market cap up US$60m last week, benefiting both individual investors who own 47% as well as insiders – Yahoo Finance
To get a sense of who is truly in control of Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 47% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Individual investors gained the most after market cap touched US$167m last week, while insiders who own 19% also benefitted.
Let’s take a closer look to see what the different types of shareholders can tell us about Powerbridge Technologies.
View our latest analysis for Powerbridge Technologies
Small companies that are not very actively traded often lack institutional investors, but it’s less common to see large companies without them.
There could be various reasons why no institutions own shares in a company. Typically, small, newly listed companies don’t attract much attention from fund managers, because it would not be possible for large fund managers to build a meaningful position in the company. On the other hand, it’s always possible that professional investors are avoiding a company because they don’t think it’s the best place for their money. Powerbridge Technologies might not have the sort of past performance institutions are looking for, or perhaps they simply have not studied the business closely.
We note that hedge funds don’t have a meaningful investment in Powerbridge Technologies. The company’s CEO Shiang Lor is the largest shareholder with 14% of shares outstanding. In comparison, the second and third largest shareholders hold about 9.0% and 4.0% of the stock.
Our studies suggest that the top 19 shareholders collectively control less than half of the company’s shares, meaning that the company’s shares are widely disseminated and there is no dominant shareholder.
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.
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. 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 information suggests that insiders maintain a significant holding in Powerbridge Technologies Co., Ltd.. Insiders own US$31m worth of shares in the US$167m company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
With a 47% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Powerbridge Technologies. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We’ve spotted 4 warning signs for Powerbridge Technologies you should be aware of.
If you would prefer check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, backed by strong financial data.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
Related Quotes
Every investor in NV5 Global, Inc. ( NASDAQ:NVEE ) should be aware of the most powerful shareholder groups. With 66…
To get a sense of who is truly in control of Miromatrix Medical Inc. ( NASDAQ:MIRO ), it is important to understand the…
Bill Gates looks for income, too. This is how he gets it.
The market rally has revived, but watch out for Treasury yields. Elon Musk made a new move vs. Twitter. Warren Buffett bought more OXY stock.
Among six high-profile stock splits — Alphabet, Amazon, Tesla, Shopify, DexCom, and Palo Alto Networks — is a clear-cut bargain, as well as a company with serious red flags.
Feeling bearish? Take shelter — and income.
Tough times ahead. But you don't need to sell it all.
Verizon Communications Inc.'s ( NYSE:VZ ) periodic dividend will be increasing on the 1st of November to $0.6525, with…
There's a bond that pays a 9.62% interest rate and is guaranteed by the U.S. Treasury. Investors should keep some limitations and conditions in mind before investing, but as inflation has topped 8% since March 2022, this could be an … Continue reading → The post Want 9.62% Yield Guaranteed? Seriously, Try This Asset appeared first on SmartAsset Blog.
The stock market rally is reviving, but is even stronger than the major indexes suggest. Tesla is among stocks in buy areas.
Building an excellent stock portfolio is a lot like making a fantastic meal. If I only had three stocks to choose from and $50,000 to invest, the following would be my top three stocks to buy: Amazon (NASDAQ: AMZN), Lululemon (NASDAQ: LULU), and Chevron (NYSE: CVX). The first two are growth plays and Chevron adds value to the portfolio.
The disappointing performance of the stock market has a silver lining, which is that dividend yields are rising across the market. Many stocks that had low dividend yields due to their soaring stock prices have seen their dividend yields elevate. The following three large-cap stocks have strong business models, leadership positions in their industry, and have high dividend yields above 4%.
The biotech sector, like most sections of the market, took a sound beating in the year’s first half. Recently, however, the segment’s performance has improved, and that has helped the NASDAQ Biotechnology Index (NBI) pull ahead of the NASDAQ (Up 13% over the past 3 months vs. the NASDAQ’s 3%). The Oppenheimer biotech team thinks there’s a simple explanation for this: “We believe that much of the recent outperformance has been driven by SMID caps, of which many have risen admirably in the past fe
With that in mind, let's look at two relatively risky small-cap stocks that could be worthwhile investments if everything goes well: bluebird bio (NASDAQ: BLUE) and Planet 13 Holdings (OTC: PLNH.F). Bluebird Bio is a biotech that seeks to develop therapies for rare illnesses. The company's gene-editing approach has the potential to unlock innovative treatments (or cures) once only imagined by scientists.
Wealth managers help set and reach goals for financial needs. Here's a breakdown of wealth management services and examples of when you will need them.
The bad news just doesn't seem to be stopping for Nvidia (NASDAQ: NVDA). The graphics cards specialist received another big blow last week after the U.S. government imposed restrictions on sales of data center chips to China, Hong Kong, and Russia. According to a filing with the SEC, Nvidia reported that the U.S. government has "imposed a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the Company's A100 and forthcoming H100 integrated circuits."
Real estate investing is one way anyone can start making passive income. You don't need a lot of money to begin investing in income-producing real estate: Congress made it accessible to everyone by creating real estate investment trusts (REITs) in 1960. Four top REITs for those seeking to collect passive income are EPR Properties (NYSE: EPR), STORE Capital (NYSE: STOR), Medical Properties Trust (NYSE: MPW), and W.P. Carey (NYSE: WPC).
Warren Buffett's Berkshire Hathaway disclosed its Occidental Petroleum stake has risen to 26.8%. OXY stock rose slightly late Friday.
There's a lot of pride associated with owning property, whether it's a primary home or a vacation bungalow. It's especially rewarding when real estate is properly compensated for. But while a high selling price may be exciting in the moment, … Continue reading → The post How to Avoid Capital Gains Tax When Selling a House appeared first on SmartAsset Blog.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?