Insiders the biggest winners as Maui Land & Pineapple Company, Inc.'s (NYSE:MLP) market cap rises to US$372m
Key Insights
-
Insiders appear to have a vested interest in Maui Land & Pineapple Company's growth, as seen by their sizeable ownership
-
61% of the company is held by a single shareholder (Stephen Case)
-
Institutional ownership in Maui Land & Pineapple Company is 24%
If you want to know who really controls Maui Land & Pineapple Company, Inc. (NYSE:MLP), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are individual insiders with 65% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
Clearly, insiders benefitted the most after the company's market cap rose by US$60m last week.
Let's delve deeper into each type of owner of Maui Land & Pineapple Company, beginning with the chart below.
See our latest analysis for Maui Land & Pineapple Company
What Does The Institutional Ownership Tell Us About Maui Land & Pineapple Company?
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.
As you can see, institutional investors have a fair amount of stake in Maui Land & Pineapple Company. 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. 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 Maui Land & Pineapple Company's earnings history below. Of course, the future is what really matters.
Maui Land & Pineapple Company is not owned by hedge funds. The company's largest shareholder is Stephen Case, with ownership of 61%. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. For context, the second largest shareholder holds about 6.3% of the shares outstanding, followed by an ownership of 3.3% by the third-largest 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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.
Insider Ownership Of Maui Land & Pineapple Company
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. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.