Digital Transformation Opportunities Corp. (NASDAQ:DTOC) insiders have significant skin in the game with 82% ownership

Simply Wall St.2023-06-05

Key Insights Insiders appear to have a vested interest in Digital Transformation Opportunities' growth, as seen by their sizeable ownership The largest shareholder of the company is Kevin Nazemi ...

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(NASDAQ:DTOC) insiders have significant skin in the game with 82% ownership","media":"Simply Wall St.","content":"<div>\n<p>Key Insights\n\n Insiders appear to have a vested interest in Digital Transformation Opportunities' growth, as seen by their sizeable ownership \n The largest shareholder of the company is Kevin Nazemi ...</p>\n\n<a href=\"https://finance.yahoo.com/news/digital-transformation-opportunities-corp-nasdaq-132027640.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Digital Transformation Opportunities Corp. 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(NASDAQ:DTOC) insiders have significant skin in the game with 82% ownership\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-05 21:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/digital-transformation-opportunities-corp-nasdaq-132027640.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Insights\n\n Insiders appear to have a vested interest in Digital Transformation Opportunities' growth, as seen by their sizeable ownership \n The largest shareholder of the company is Kevin Nazemi ...</p>\n\n<a href=\"https://finance.yahoo.com/news/digital-transformation-opportunities-corp-nasdaq-132027640.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DTOCU","symbol_name":"Digital Transformation Opportunities Corp","start_time":0,"source_url":"https://finance.yahoo.com/news/digital-transformation-opportunities-corp-nasdaq-132027640.html","article_id":"2341024450","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6aUxsyZINKOU9.9KrHnBOA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4470f143ba4f4c0e99553a639759c619"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2341024450","pubTimestamp":1685971227,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Key Insights\n\n Insiders appear to have a vested interest in Digital Transformation Opportunities' gr","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DTOCU":"Digital Transformation Opportunities Corp","BK4561":"索罗斯持仓"},"translate_title":"Digital Transformation Opportunities Corp.（纳斯达克：DTOC）的内部人士拥有82%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DTOC":0.9,"DTOCU":0.9},"content_text":"Key Insights\n\n Insiders appear to have a vested interest in Digital Transformation Opportunities' growth, as seen by their sizeable ownership \n The largest shareholder of the company is Kevin Nazemi with a 80% stake \n  Past performance of a company along with ownership data serve to give a strong idea about prospects for a business \n\n If you want to know who really controls Digital Transformation Opportunities Corp. (NASDAQ:DTOC), then you'll have to look at the makeup of its share registry. With 82% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). \n So it follows, every decision made by insiders of Digital Transformation Opportunities regarding the company's future would be crucial to them. \n Let's take a closer look to see what the different types of shareholders can tell us about Digital Transformation Opportunities. \n Check out our latest analysis for Digital Transformation Opportunities \n\n\n\n  NasdaqCM:DTOC Ownership Breakdown June 5th 2023\n \n\nWhat Does The Institutional Ownership Tell Us About Digital Transformation Opportunities?\n 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 indices. \n Digital Transformation Opportunities already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Digital Transformation Opportunities, (below). Of course, keep in mind that there are other factors to consider, too. \n\n\n\n  NasdaqCM:DTOC Earnings and Revenue Growth June 5th 2023\n \n\n Hedge funds don't have many shares in Digital Transformation Opportunities. Looking at our data, we can see that the largest shareholder is the CEO Kevin Nazemi with 80% of shares outstanding. This essentially means that they have significant control over the outcome or future of the company, which is why insider ownership is usually looked upon favourably by prospective buyers. In comparison, the second and third largest shareholders hold about 2.0% and 1.5% of the stock. \n 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. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held. \nInsider Ownership Of Digital Transformation Opportunities\n 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. \n 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. \n Our information suggests that insiders own more than half of Digital Transformation Opportunities Corp.. This gives them effective control of the company. So they have a US$86m stake in this US$105m business. Most would argue this is a positive, showing strong alignment with shareholders. You can  click here to see if those insiders have been buying or selling.  \nGeneral Public Ownership\n The general public-- including retail investors -- own 10% stake in the company, and hence can't 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. \nNext Steps:\n 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. For instance, we've identified   3 warning signs for Digital Transformation Opportunities  that you should be aware of. \n Of course this may not be the best stock to buy. So take a peek at this free free list of interesting companies. \nNB: 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.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This 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.\nJoin A Paid User Research SessionYou’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. 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