Advertisement
UK markets close in 51 minutes
  • FTSE 100

    8,061.22
    +20.84 (+0.26%)
     
  • FTSE 250

    19,591.22
    -128.15 (-0.65%)
     
  • AIM

    752.65
    -2.04 (-0.27%)
     
  • GBP/EUR

    1.1659
    +0.0014 (+0.12%)
     
  • GBP/USD

    1.2499
    +0.0037 (+0.30%)
     
  • Bitcoin GBP

    50,840.43
    -1,072.49 (-2.07%)
     
  • CMC Crypto 200

    1,379.14
    -3.44 (-0.25%)
     
  • S&P 500

    5,008.06
    -63.57 (-1.25%)
     
  • DOW

    37,828.23
    -632.69 (-1.65%)
     
  • CRUDE OIL

    82.28
    -0.53 (-0.64%)
     
  • GOLD FUTURES

    2,336.60
    -1.80 (-0.08%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,872.14
    -216.56 (-1.20%)
     
  • CAC 40

    7,996.94
    -94.92 (-1.17%)
     

What Kind Of Investor Owns Most Of AXA SA (EPA:CS)?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Every investor in AXA SA (EPA:CS) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. We also tend to see lower insider ownership in companies that were previously publicly owned.

AXA is a pretty big company. It has a market capitalization of €54b. Normally institutions would own a significant portion of a company this size. Our analysis of the ownership of the company, below, shows that institutions own shares in the company. Let's take a closer look to see what the different types of shareholder can tell us about CS.

ADVERTISEMENT

See our latest analysis for AXA

ENXTPA:CS Ownership Summary, June 14th 2019
ENXTPA:CS Ownership Summary, June 14th 2019

What Does The Institutional Ownership Tell Us About AXA?

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.

AXA already has institutions on the share registry. Indeed, they own 35% of the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 AXA's earnings history, below. Of course, the future is what really matters.

ENXTPA:CS Income Statement, June 14th 2019
ENXTPA:CS Income Statement, June 14th 2019

We note that hedge funds don't have a meaningful investment in AXA. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of AXA

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. 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.

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.

Our most recent data indicates that insiders own less than 1% of AXA SA. But they may have an indirect interest through a corporate structure that we haven't picked up on. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own €43m worth of shares. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling.

General Public Ownership

The general public, with a 45% stake in the company, will not easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Private Company Ownership

It seems that Private Companies own 15%, of the CS stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important.

I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.