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In the Wake of Redfin Corporation's (NASDAQ:RDFN) Latest US$55m Market Cap Drop, Institutional Owners May Be Forced to Take Severe Actions

In the Wake of Redfin Corporation's (NASDAQ:RDFN) Latest US$55m Market Cap Drop, Institutional Owners May Be Forced to Take Severe Actions

在Redfin公司(纳斯达克:RDFN)最近市值下跌5500万美元的情况下,机构投资者可能不得不采取严厉措施。
Simply Wall St ·  12/13 19:38

Key Insights

关键见解

  • Institutions' substantial holdings in Redfin implies that they have significant influence over the company's share price
  • A total of 25 investors have a majority stake in the company with 50% ownership
  • Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
  • 机构对Redfin的大量持股意味着它们对公司的股价具有重大影响
  • 共有25名投资者持有该公司的多数股权,所有权为50%
  • 使用分析师预测的数据以及所有权研究,可以更好地评估公司的未来表现

If you want to know who really controls Redfin Corporation (NASDAQ:RDFN), then you'll have to look at the makeup of its share registry. With 62% stake, institutions 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.

如果你想知道谁真正控制了雷德芬公司(纳斯达克股票代码:RDFN),那么你必须看看其股票登记处的构成。机构拥有62%的股份,是公司的最大股份。换句话说,该集团将从对公司的投资中获得最多(或损失最大)。

And institutional investors endured the highest losses after the company's share price fell by 4.6% last week. Needless to say, the recent loss which further adds to the one-year loss to shareholders of 5.4% might not go down well especially with this category of shareholders. Also referred to as "smart money", institutions have a lot of sway over how a stock's price moves. As a result, if the downtrend continues, institutions may face pressures to sell Redfin, which might have negative implications on individual investors.

在上周该公司股价下跌4.6%之后,机构投资者遭受的损失最大。毋庸置疑,最近的亏损进一步加剧了股东一年亏损5.4%,但下降幅度可能不大,尤其是对于这类股东而言。也被称为 “智能货币”,机构对股票价格的走势有很大的影响力。因此,如果下跌趋势持续下去,机构可能会面临出售Redfin的压力,这可能会对个人投资者产生负面影响。

Let's take a closer look to see what the different types of shareholders can tell us about Redfin.

让我们仔细看看不同类型的股东能告诉我们关于Redfin的什么。

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NasdaqGS:RDFN Ownership Breakdown December 13th 2024
NASDAQGS: RDFN 所有权明细 2024 年 12 月 13 日

What Does The Institutional Ownership Tell Us About Redfin?

关于Redfin,机构所有权告诉我们什么?

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.

机构投资者通常将自己的回报与常用指数的回报进行比较。因此,他们通常会考虑收购包含在相关基准指数中的大型公司。

We can see that Redfin does have institutional investors; and they hold a good portion of the company's stock. 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. 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 Redfin's earnings history below. Of course, the future is what really matters.

我们可以看到,Redfin确实有机构投资者;他们持有公司很大一部分股票。这意味着在这些机构工作的分析师已经看过这只股票,他们很喜欢。但是就像其他人一样,他们可能错了。如果多家机构同时改变对股票的看法,你可能会看到股价快速下跌。因此,值得在下面查看Redfin的收益记录。当然,未来才是真正重要的。

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NasdaqGS:RDFN Earnings and Revenue Growth December 13th 2024
纳斯达克GS: RDFN收益和收入增长 2024年12月13日

Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Redfin is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 14% of shares outstanding. For context, the second largest shareholder holds about 7.6% of the shares outstanding, followed by an ownership of 2.4% by the third-largest shareholder. Furthermore, CEO Glenn Kelman is the owner of 1.2% of the company's shares.

机构投资者拥有公司50%以上的股份,因此加在一起可能会对董事会的决策产生重大影响。Redfin 不归对冲基金所有。从我们的数据来看,我们可以看到最大的股东是Vanguard Group, Inc.,其已发行股份为14%。就背景而言,第二大股东持有约7.6%的已发行股份,其次是第三大股东持有2.4%的所有权。此外,首席执行官格伦·凯尔曼持有该公司1.2%的股份。

Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder.

我们的研究表明,前25名股东共同控制的公司股份不到一半,这意味着该公司的股票分布广泛,没有占主导地位的股东。

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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

研究机构所有权是衡量和筛选股票预期表现的好方法。通过研究分析师的情绪也可以实现同样的目标。有不少分析师报道了该股,因此您可以很容易地研究预测的增长。

Insider Ownership Of Redfin

Redfin 的内部所有权

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.

不同国家对内部人员的定义可能略有不同,但董事会成员总是计算在内。公司管理层经营业务,但首席执行官将向董事会负责,即使他或她是董事会成员。

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.

当内部所有权表明领导层像公司的真正所有者一样思考时,内部所有权是积极的。但是,高内部所有权也可以赋予公司内部一小部分人巨大的权力。在某些情况下,这可能是负面的。

We can report that insiders do own shares in Redfin Corporation. The insiders have a meaningful stake worth US$52m. Most would see this as a real positive. If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling.

我们可以报告说,内部人士确实拥有Redfin公司的股份。内部人士持有价值5200万美元的大量股份。大多数人会认为这是一个真正的积极因素。如果您想探讨内幕调整问题,可以点击此处查看内部人士是否在买入或卖出。

General Public Ownership

普通公有制

The general public, who are usually individual investors, hold a 33% stake in Redfin. 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.

公众通常是个人投资者,持有Redfin33%的股份。这种所有权规模虽然可观,但如果决策与其他大股东不同步,可能不足以改变公司政策。

Next Steps:

后续步骤:

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. To that end, you should learn about the 4 warning signs we've spotted with Redfin (including 1 which can't be ignored) .

我觉得看看究竟谁拥有一家公司非常有趣。但是,要真正获得见解,我们还需要考虑其他信息。为此,你应该了解我们在Redfin身上发现的4个警告信号(包括一个不容忽视的信号)。

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

归根结底,未来是最重要的。您可以访问这份关于公司分析师预测的免费报告。

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.

注意:本文中的数字是使用过去十二个月的数据计算得出的,这些数据是指截至财务报表日期当月最后日期的12个月期间。这可能与全年年度报告数据不一致。

Have 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.

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Simply Wall St 的这篇文章本质上是笼统的。我们仅使用公正的方法提供基于历史数据和分析师预测的评论,我们的文章并非旨在提供财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不会考虑最新的价格敏感型公司公告或定性材料。华尔街只是没有持有上述任何股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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