Owning 39% in Atlas Lithium Corporation (NASDAQ:ATLX) means that insiders are heavily invested in the company's future

Simply Wall St.12-09

Key Insights Atlas Lithium's significant insider ownership suggests inherent interests in company's expansion The top 5 shareholders own 52% of the company Institutional ownership in Atlas ...

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A look at the shareholders of Atlas Lithium Corporation  can tell us which group is most powerful. With 39% stake, individual insiders possess the maximum shares in the company. Put another way, the group faces the maximum upside potential .So, insiders of Atlas Lithium have a lot at stake and every decision they make on the company’s future is important to them from a financial point of view.Let's delve deeper into each type of owner of Atlas Lithium, beginning with the chart below.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.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 concentra","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","BK4585":"ETF&股票定投概念","BK4188":"贵重金属与矿石","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","SQQQ":"纳指三倍做空ETF","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","BK4588":"碎股","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC",".IXIC":"NASDAQ Composite","ATLX":"Atlas Lithium Corporation","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","QID":"纳指两倍做空ETF","BK4112":"金融交易所和数据","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF"},"translate_title":"拥有Atlas Lithium Corporation（纳斯达克股票代码：ATLX）39%的股份意味着内部人士对公司的未来进行了大量投资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATLX":1,".IXIC":1,"NDAQ":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 Atlas Lithium's significant insider ownership suggests inherent interests in company's expansion \n The top 5 shareholders own 52% of the company \n  Institutional ownership in Atlas Lithium is 11% \n\n A look at the shareholders of Atlas Lithium Corporation (NASDAQ:ATLX) can tell us which group is most powerful. With 39% 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, insiders of Atlas Lithium have a lot at stake and every decision they make on the company’s future is important to them from a financial point of view. \n Let's delve deeper into each type of owner of Atlas Lithium, beginning with the chart below. \n Check out our latest analysis for Atlas Lithium \n\n\n\n  NasdaqCM:ATLX Ownership Breakdown December 9th 2024\n \n\nWhat Does The Institutional Ownership Tell Us About Atlas Lithium?\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 Atlas Lithium. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Atlas Lithium, (below). Of course, keep in mind that there are other factors to consider, too. \n\n\n\n  NasdaqCM:ATLX Earnings and Revenue Growth December 9th 2024\n \n\n We note that hedge funds don't have a meaningful investment in Atlas Lithium. Looking at our data, we can see that the largest shareholder is the CEO Marc Fogassa with 30% of shares outstanding. In comparison, the second and third largest shareholders hold about 12% and 4.3% of the stock. \n To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making. \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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. \nInsider Ownership Of Atlas Lithium\n 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. \n 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. \n It seems insiders own a significant proportion of Atlas Lithium Corporation. Insiders own US$48m worth of shares in the US$121m company. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.  \nGeneral Public Ownership\n With a 37% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Atlas Lithium. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. \nPublic Company Ownership\n It appears to us that public companies own 12% of Atlas Lithium. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. \nNext Steps:\n It's always worth thinking about the different groups who own shares in a company. But to understand Atlas Lithium better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted   4 warning signs for Atlas Lithium   (of which 1 shouldn't be ignored!) you should know about. \n But ultimately  it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. \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":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","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":"4.29.3","shortVersion":"4.29.3","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/2490318776"}