UP Fintech Holding Limited’s (NASDAQ:TIGR) largest shareholders are individual investors with 40% ownership, insiders own 25%

UP Fintech Holding Limited’s (NASDAQ:TIGR) largest shareholders are individual investors with 40% ownership, insiders own 25%

If you want to know who really controls UP Fintech Holding Limited (NASDAQ:TIGR), you need to look at the composition of the share register. The group that holds the most shares in the company, around 40% to be precise, are individual investors. This means that the group will gain the most if the stock rises (or lose the most if there is a decline).

Meanwhile, individual insiders make up 25% of the company’s shareholders. Institutions often want shares in larger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.

Let’s dive deeper into each type of owner of UP Fintech Holding, starting with the chart below.

See our latest analysis for UP Fintech Holding

ownership distribution

ownership distribution

What does the institutional ownership tell us about UP Fintech Holding?

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 indexes.

We can see that UP Fintech Holding has institutional investors; and they have a good portion of the company’s shares. This means that the analysts working for these institutions have looked at the stock and like it. But just like everyone else, they can be wrong. It is not unusual to see a large share price drop if two large institutional investors try to sell out of a stock at the same time. So it’s worth checking the past earnings trajectory of UP Fintech Holding, (below). Remember, of course, that there are other factors to consider as well.

See also  FinTech's role in democratizing wealth
earnings-and-income growth

earnings-and-income growth

UP Fintech Holding is not owned by hedge funds. The company’s CEO Tianhua Wu is the largest shareholder with 15% of outstanding shares. In comparison, the second and third largest shareholders own around 11% and 9.5% of the shares.

We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to some extent.

Examining institutional ownership is a good way to measure and filter a stock’s expected performance. The same can be achieved by studying the analysts’ emotions. There are many analysts who cover the stock, so it may be worth seeing what they predict as well.

Insider ownership of UP Fintech Holding

The definition of company insiders can be subjective and varies between jurisdictions. Our data reflects individual insiders, capturing at least board members. The company’s management runs the business, but the CEO will answer to the board, even if he or she is a member of it.

Most people consider insider ownership to be positive because it can indicate that the board is well aligned with other shareholders. But on some occasions too much power is concentrated in this group.

Our information suggests that insiders have a significant stake in UP Fintech Holding Limited. Insiders own shares worth $150 million in the $596 million company. This may indicate that the founders still own many shares. You can click here to see if they have bought or sold.

General public ownership

The general public, which are usually individual investors, have a 40% stake in UP Fintech Holding. Although this size of ownership may not be enough to influence a political decision in their favor, they can still have a collective impact on the company’s policies.

See also  INDX Summit: In pursuit of financial inclusion, the Philippines has the power of fintech

Private company ownership

Our data indicates that private companies own 9.2% of the company’s shares. It may be worth looking into this. If related parties, for example insiders, have an interest in one of these private companies, this should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Public ownership

Public companies appear to own 13% of UP Fintech Holding. It is difficult to say for sure, but this suggests that they have intertwined business interests. This could be a strategic effort, so it’s worth watching this space for changes in ownership.

Next steps:

I think it’s very interesting to look at who actually owns a company. But to really gain insight, we also need to consider other information. Please note that UP Fintech Holding is displayed 1 warning sign in our investment analysis should you know about…

If you’re like me, you might want to think about whether this company will grow or shrink. Fortunately, you can check out this free report that shows analyst forecasts for the future.

NB: Figures in this article have been calculated using data from the last twelve months, which refers to the 12-month period ending on the last date of the month in which the accounts are dated. This may not be consistent with the annual report for the entire year.

Do you have feedback on this article? Worried about the content? Contact with us directly. Alternatively, you can email the editors (at) simplywallst.com.

This article by Simply Wall St is general. We provide commentary based on historical data and analyst forecasts only using an objective methodology, and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. We aim to provide you with long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned.

See also  A rating system for fintech firms can help the entire financial industry, says ex-SBI chairman AK Purwar

Join a paid user research session
You will receive one $30 Amazon Gift Card for 1 hour of your time while helping us build better investment tools for individual investors like yourself. sign up here

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *