To understand ownership at Abu Dhabi National Takaful Company PSC (ADX), we need to look at the details. Public companies own the largest share, holding 42% of the company. This means they can gain or lose significantly based on the company’s performance.
Last week, the company’s market cap rose by د.إ90 million. Public companies benefited the most from this increase. Institutions also saw gains, contributing 33% to the profits.
The chart below shows the ownership distribution of Abu Dhabi National Takaful Company PSC.
What Institutional Ownership Tells Us About Abu Dhabi National Takaful Company PSC
Institutional investors track their performance against benchmarks. They often invest in stocks that are part of major indexes. Abu Dhabi National Takaful Company PSC has significant institutional ownership. This suggests these investors find the stock appealing.
However, institutional ownership carries risks. When many institutions own the same stock, it can create what is called a “crowded trade.” If the stock underperforms, these investors may rush to sell, which can quickly lower the stock price. This concern is especially valid for companies without a strong growth history. Although Abu Dhabi National Takaful Company PSC has some historical earnings and revenue data, this is not the whole picture.
Hedge Fund and Institutional Ownership in Abu Dhabi National Takaful Company PSC
Hedge funds own a small amount of shares in Abu Dhabi National Takaful Company PSC. In contrast, institutional investors hold a significant portion. The largest shareholder is Abu Dhabi Islamic Bank PJSC, with 42% of the company’s shares. The next two largest shareholders control about 27% and 12% of the stock, respectively. Together, two top shareholders own 69% of the company.
This concentrated ownership means institutional investors have considerable influence. Studying institutional ownership can help predict a stock’s performance. However, Abu Dhabi National Takaful Company PSC currently lacks analyst coverage. This may mean it is not widely held or followed by investors.
Insider Ownership of Abu Dhabi National Takaful Company PSC
Insider ownership is less clear. Often, having insiders own shares is seen as positive. It aligns their interests with shareholders. However, data shows no board members currently list personal shares, indicating low insider ownership. This could be due to missing data, but it raises questions about how well management aligns with shareholders’ interests. It would be helpful to look into the CEO’s compensation and tenure for better insights.
General Public Ownership
The general public holds 14% of Abu Dhabi National Takaful Company PSC’s shares. This allows individual investors some influence. However, it may not be strong enough to affect major corporate decisions, especially if these decisions do not align with larger institutional interests.
Private Company Ownership
Private companies own 12% of the shares. It is important to understand these private companies, especially if they have connections to insiders or special interests in Abu Dhabi National Takaful. Any related party information should be checked in the company’s annual report.
Public Company Ownership
Public companies hold 42% of Abu Dhabi National Takaful Company PSC’s shares. This is a substantial amount that could signal strategic interests. These public companies may have related operations or past connections, so further investigation into their influence is warranted.
In summary, Abu Dhabi National Takaful’s ownership structure shows concentrated control among key players, particularly public and institutional investors. Insider ownership is minimal, suggesting corporate decisions are likely governed by public and institutional companies rather than individual shareholders or insiders.