Institutional owners may take dramatic actions as 8x8, Inc.'s (NASDAQ:EGHT) recent 11% drop adds to one-year losses

Simply Wall St.12-18

Key Insights Institutions' substantial holdings in 8x8 implies that they have significant influence over the company's share price The top 7 shareholders own 50% of the company Recent sales by ...

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A look at the shareholders of 8x8, Inc.  can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 73% ownership. That is, the group stands to benefit the most if the stock rises .As a result, institutional investors endured the highest losses last week after market cap fell by US$43m. Needless to say, the recent loss which further adds to the one-year loss to shareholders of 23% might not go down well especially with this category of shareholders. Often called “market movers\", institutions wield significant power in influencing the price dynamics of any stock. As a result, if the downtrend continues, institutions may face pressures to sell 8x8, which might have negative implications on individual investors.What Does The Institutional Ownership Tell Us About 8x8?NasdaqGS:EGHT Earnings and Revenue Growth December 18t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QID":"纳指两倍做空ETF","USJW.SI":"ALPHAB 3xLongSG261006","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","EGHT":"8x8 Inc","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H",".IXIC":"NASDAQ Composite","BK4588":"碎股","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","QLD":"纳指两倍做多ETF","NVIW.SI":"NVDA 3xLongSG261006","PSQ":"纳指反向ETF","TQQQ":"纳指三倍做多ETF","USAW.SI":"AMZN 3xLongSG261006","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4112":"金融交易所和数据","NDAQ":"纳斯达克OMX交易所","BK4023":"应用软件","SQQQ":"纳指三倍做空ETF","BK4585":"ETF&股票定投概念"},"translate_title":"8x8,Inc.（纳斯达克股票代码：EGHT）最近下跌11%，加剧了一年的亏损，机构所有者可能会采取重大行动","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGHT":1,"NDAQ":1,".IXIC":1,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Key Insights\n\n Institutions' substantial holdings in 8x8 implies that they have significant influence over the company's share price \n The top 7 shareholders own 50% of the company \n  Recent sales by insiders  \n\n A look at the shareholders of 8x8, Inc. (NASDAQ:EGHT) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 73% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). \n As a result, institutional investors endured the highest losses last week after market cap fell by US$43m. Needless to say, the recent loss which further adds to the one-year loss to shareholders of 23% might not go down well especially with this category of shareholders. Often called “market movers\", institutions wield significant power in influencing the price dynamics of any stock. As a result, if the downtrend continues, institutions may face pressures to sell 8x8, which might have negative implications on individual investors. \n Let's delve deeper into each type of owner of 8x8, beginning with the chart below. \n See our latest analysis for 8x8 \n\n\n\n  NasdaqGS:EGHT Ownership Breakdown December 18th 2024\n \n\nWhat Does The Institutional Ownership Tell Us About 8x8?\n Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. \n 8x8 already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at 8x8's earnings history below. Of course, the future is what really matters. \n\n\n\n  NasdaqGS:EGHT Earnings and Revenue Growth December 18th 2024\n \n\n Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. It would appear that 11% of 8x8 shares are controlled by hedge funds. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Sylebra Capital Limited is currently the company's largest shareholder with 11% of shares outstanding. For context, the second largest shareholder holds about 9.9% of the shares outstanding, followed by an ownership of 9.0% by the third-largest shareholder. Additionally, the company's CEO Samuel Wilson directly holds 1.0% of the total shares outstanding. \n We also observed that the top 7 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. \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 8x8\n 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. \n I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. \n We can see that insiders own shares in 8x8, Inc.. As individuals, the insiders collectively own US$8.7m worth of the US$350m company. This shows at least some alignment. You can  click here to see if those insiders have been buying or selling.  \nGeneral Public Ownership\n With a 14% ownership, the general public, mostly comprising of individual investors, have some degree of sway over 8x8. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. \nNext Steps:\n It's always worth thinking about the different groups who own shares in a company. But to understand 8x8 better, we need to consider many other factors. Take risks for example - 8x8 has   2 warning signs   we think you should be aware of. \n 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. \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":"","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":"4.29.4","shortVersion":"4.29.4","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/2492183848"}