Private companies who have a significant stake must be disappointed along with institutions after Golden Ocean Group Limited's (NASDAQ:GOGL) market cap dropped by US$116m

Simply Wall St.10-10

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 51% of the ...

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{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2474208317?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/r2v6aQlmMKR..TK4ncXvwQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/fc7f06d7d25d7885ecc5bcab2bbe16ae","is_english":true,"pubTime":"2024-10-10 02:24","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2474208317","market":"us","top_or_hot":-1,"title":"Private companies who have a significant stake must be disappointed along with institutions after Golden Ocean Group Limited's (NASDAQ:GOGL) market cap dropped by US$116m","media":"Simply Wall St.","content":"<div>\n<p>Key Insights\n\n Significant control over Golden Ocean Group by private companies implies that the general public has more power to influence management and governance-related decisions \n 51% of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/private-companies-significant-stake-must-182437579.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; 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrivate companies who have a significant stake must be disappointed along with institutions after Golden Ocean Group Limited's (NASDAQ:GOGL) market cap dropped by US$116m\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 02:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/private-companies-significant-stake-must-182437579.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Insights\n\n Significant control over Golden Ocean Group by private companies implies that the general public has more power to influence management and governance-related decisions \n 51% of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/private-companies-significant-stake-must-182437579.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":"IE00BKPKM429.USD","symbol_name":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/private-companies-significant-stake-must-182437579.html","article_id":"2474208317","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/r2v6aQlmMKR..TK4ncXvwQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/fc7f06d7d25d7885ecc5bcab2bbe16ae"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2474208317","pubTimestamp":1728498277,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Significant control over Golden Ocean Group by private companies implies that the general public has more power to influence management and governance-related decisions. 51% of the business is held by the top 4 shareholders. Every investor in Golden Ocean Group Limited  should be aware of the most powerful shareholder groups. We can see that private companies own the lion's share in the company with 39% ownership. Put another way, the group faces the maximum upside potential .While institutions, who own 35% shares weren’t spared from last week’s US$116m market cap drop, private companies as a group suffered the maximum losses. Let's take a closer look to see what the different types of shareholders can tell us about Golden Ocean Group.NasdaqGS:GOGL Earnings and Revenue Growth October 9th 2024. 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. Company management run ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","TQQQ":"纳指三倍做多ETF","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","BK4585":"ETF&股票定投概念","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","QID":"纳指两倍做空ETF","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","BK4588":"碎股","GOGL":"金海洋集团","SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF",".IXIC":"NASDAQ Composite","NDAQ":"纳斯达克OMX交易所","BK4021":"海运","PSQ":"纳指反向ETF","BK4112":"金融交易所和数据"},"translate_title":"金洋集团有限公司（纳斯达克：GOGL）市值下跌1.16亿美元后，持有大量股份的私营公司和机构一定会感到失望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NDAQ":1,"GOGL":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Key Insights\n\n Significant control over Golden Ocean Group by private companies implies that the general public has more power to influence management and governance-related decisions \n 51% of the business is held by the top 4 shareholders \n  Institutions own 35% of Golden Ocean Group \n\n Every investor in Golden Ocean Group Limited (NASDAQ:GOGL) should be aware of the most powerful shareholder groups. We can see that private companies own the lion's share in the company with 39% ownership. Put another way, the group faces the maximum upside potential (or downside risk). \n While institutions, who own 35% shares weren’t spared from last week’s US$116m market cap drop, private companies as a group suffered the maximum losses \n Let's take a closer look to see what the different types of shareholders can tell us about Golden Ocean Group. \n View our latest analysis for Golden Ocean Group \n\n\n\n  NasdaqGS:GOGL Ownership Breakdown October 9th 2024\n \n\nWhat Does The Institutional Ownership Tell Us About Golden Ocean Group?\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 As you can see, institutional investors have a fair amount of stake in Golden Ocean Group. 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. 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. \n\n\n\n  NasdaqGS:GOGL Earnings and Revenue Growth October 9th 2024\n \n\n We note that hedge funds don't have a meaningful investment in Golden Ocean Group. Greenwich Holdings Ltd. is currently the largest shareholder, with 39% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 5.4% of common stock, and Folketrygdfondet holds about 3.7% of the company stock. \n Our research also brought to light the fact that roughly 51% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business. \n 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. \nInsider Ownership Of Golden Ocean Group\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. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. \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 data suggests that insiders own under 1% of Golden Ocean Group Limited in their own names. But they may have an indirect interest through a corporate structure that we haven't picked up on. Keep in mind that it's a big company, and the insiders own US$218k worth of shares. The absolute value might be more important than the proportional share. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling.  \nGeneral Public Ownership\n With a 25% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Golden Ocean Group. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. \nPrivate Company Ownership\n Our data indicates that Private Companies hold 39%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. \nNext Steps:\n It's always worth thinking about the different groups who own shares in a company. But to understand Golden Ocean Group better, we need to consider many other factors. For example, we've discovered 2 warning signs for Golden Ocean Group that you should be aware of before investing here. \n Ultimately the future is most important. You can access this free report on analyst forecasts for the company. \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.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"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":"4.29.2","shortVersion":"4.29.2","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/2474208317"}