Private companies account for 40% of Golden Ocean Group Limited's (NASDAQ:GOGL) ownership, while individual investors account for 39%

Simply Wall St.03-27

Key Insights Significant control over Golden Ocean Group by private companies implies that the general public has more power to influence management and governance-related decisions A total of 9 ...

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With 40% stake, private companies possess the maximum shares in the company.   In other words, the group stands to gain the most (or lose the most) from their investment into the company.  And individual investors on the other hand have a 39% ownership in the company.    Let's delve deeper into each type of owner of Golden Ocean Group, beginning with the chart below.  Check out our latest analysis for Golden Ocean Group NasdaqGS:GOGL Ownership Breakdown March 26th 2024 What Does The Institutional Ownership Tell Us About Golden Ocean Group? 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.   As you can see, institutional investors have a fair amount of stake in Golden Ocean Group.  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 Golden Ocean Group's historic earnings and revenue below, but keep in mind there's always more to the story. NasdaqGS:GOGL Earnings and Revenue Growth March 26th 2024  We note that hedge funds don't have a meaningful investment in Golden Ocean Group.      The company's largest shareholder is Greenwich Holdings Ltd., with ownership of 40%.       Meanwhile, the second and third largest shareholders, hold 4.7% and 1.0%, of the shares outstanding, respectively.     We did some more digging and found that 9 of the top shareholders account for roughly 50% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.    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.  Insider Ownership Of Golden Ocean Group The definition of an insider can differ slightly between different countries, but members of the board of directors always count.  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.  Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.   Our most recent data indicates that insiders own less than 1% of Golden Ocean Group Limited.   But they may have an indirect interest through a corporate structure that we haven't picked up on.    It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own US$223k worth of shares.  Arguably, recent buying and selling is just as important to consider. You can  click here to see if insiders have been buying or selling.   General Public Ownership The general public, who are usually individual investors, hold a 39% stake in Golden Ocean Group.   While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.  Private Company Ownership We can see that Private Companies own 40%, of the shares on issue.  Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.   Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important.    Consider for instance, the ever-present spectre of investment risk.   We've identified 3 warning signs  with Golden Ocean Group (at least 2 which are significant)  , and understanding them should be part of your investment process.     If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its 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.Valuation is complex, but we're helping make it simple.Find out whether Golden Ocean Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave 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.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422762338"}