Latest news with #PNV
Yahoo
06-04-2025
- Business
- Yahoo
Both individual investors who control a good portion of PolyNovo Limited (ASX:PNV) along with institutions must be dismayed after last week's 12% decrease
Significant control over PolyNovo by individual investors implies that the general public has more power to influence management and governance-related decisions A total of 25 investors have a majority stake in the company with 42% ownership Recent sales by insiders Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To get a sense of who is truly in control of PolyNovo Limited (ASX:PNV), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 56% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). While institutions who own 31% came under pressure after market cap dropped to AU$725m last week,individual investors took the most losses. Let's take a closer look to see what the different types of shareholders can tell us about PolyNovo. Check out our latest analysis for PolyNovo 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. We can see that PolyNovo does have institutional investors; and they hold a good portion of the company's stock. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see PolyNovo's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in PolyNovo. Fidelity International Ltd is currently the company's largest shareholder with 8.6% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.0% and 4.8%, of the shares outstanding, respectively. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. 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 some shares in PolyNovo Limited. As individuals, the insiders collectively own AU$72m worth of the AU$725m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a substantial 56% stake in PolyNovo, suggesting it is a fairly popular stock. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for PolyNovo you should know about. Ultimately the future is most important. You can access this free report on analyst forecasts for the company . 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) 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.
Ya Biladi
29-01-2025
- Politics
- Ya Biladi
Morocco bans Basque parliamentarians from entering the Sahara
Morocco has blocked a delegation led by three Basque parliamentarians—Mikel Arruabarrena (PNV), Amancay Villalba (EH Bildu), and Jon Hernandez (Mixto-Sumar)—from entering the Sahara via the Laayoune airport, according to reports from Spanish media. The delegation, known for its pro-Polisario stance, returned to Las Palmas and held a press conference where they accused the Moroccan government of «violating their rights as public representatives». Jon Hernandez labeled the Moroccan authorities as «occupiers» and stated that they «were aware of our arrival». He further expressed surprise at the situation, saying, «We were not informed in advance of any possible issues, however, when we arrived at Laayoune airport, we were surprised by this arbitrary decision. We were separated from the rest of the passengers».
