Institutional Investors May Adopt Severe Steps After Fastly, Inc.'s (NYSE:FSLY) Latest 5.8% Drop Adds to a Year Losses
Institutional Investors May Adopt Severe Steps After Fastly, Inc.'s (NYSE:FSLY) Latest 5.8% Drop Adds to a Year Losses
Key Insights
主要見解
- Given the large stake in the stock by institutions, Fastly's stock price might be vulnerable to their trading decisions
- The top 11 shareholders own 51% of the company
- Insiders have been selling lately
- 由於機構持有Fastly的大部分股權,其股價可能容易受到他們的交易決策的影響。
- 前11大股東擁有該公司51%的股份。
- 內部人員最近一直在賣出。
To get a sense of who is truly in control of Fastly, Inc. (NYSE:FSLY), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 69% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
要了解誰真正控制着Fastly, Inc. (NYSE:FSLY),了解公司的所有權結構是非常重要的。我們可以看到,機構在該公司擁有69%的所有權,這意味着該組織受益於股價上漲(或在有逆轉時遭受的損失最大)。
And institutional investors saw their holdings value drop by 5.8% last week. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 59% for shareholders. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. Hence, if weakness in Fastly's share price continues, institutional investors may feel compelled to sell the stock, which might not be ideal for individual investors.
機構投資者看到他們的持股價值上週下跌了5.8%。這些投資者可能尤其關注當前的虧損,這加劇了股東一年來的59%的虧損。機構或“流動性提供者”控制了大量的資金,因此這些類型的投資者通常對股價變動有很大的影響。因此,如果Fastly的股價繼續下跌,機構投資者可能感到有必要賣出該股票,這對個人投資者可能不是理想的。
In the chart below, we zoom in on the different ownership groups of Fastly.
在下面的圖表中,我們把視線聚焦於Fastly的不同股權組。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240614/0-544bf07a762432c3dfa7d630cfada22d-0-cde4f9f07f51686b08670700d4f8cc01.png/big)
What Does The Institutional Ownership Tell Us About Fastly?
機構投資者對Fastly的股權告訴我們什麼?
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.
許多機構衡量其業績的標準是一個近似於當地市場的指數。因此,他們通常更加關注包括在主要指數中的公司。
As you can see, institutional investors have a fair amount of stake in Fastly. 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. 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 Fastly's historic earnings and revenue below, but keep in mind there's always more to the story.
正如您所看到的,機構投資者在Fastly擁有相當多的股權。這可能表明該公司在投資界具有一定的信譽度。然而,最好不要過度依賴機構投資者所謂的認可,他們也有時候會犯錯。當多個機構持有一隻股票時,存在着他們處於一個“擁擠交易”的風險。當這類交易出問題時,多個方面可能競相快速賣出股票。這種風險在一個沒有增長曆史的公司中更高。您可以在下面看到Fastly的歷史盈利和營業收入,但要記住事情總是有更多的內幕。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240614/0-544bf07a762432c3dfa7d630cfada22d-1-1fb34a1b173de61b71be8b2f87b8908f.png/big)
Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Fastly is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.9% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.1% and 5.6% of the stock. Artur Bergman, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. Additionally, the company's CEO Todd Nightingale directly holds 1.3% of the total shares outstanding.
由於機構投資者已經持有一半以上的股票,董事會很可能要注意他們的偏好。Fastly沒有被對沖基金所持有。通過查看我們的數據,我們可以看到最大的股東是The Vanguard Group, Inc.,持有該公司9.9%的流通股。相比之下,第二大和第三大股東持有大約8.1%和5.6%的股份。Artur Bergman,第三大股東,也恰好擔任董事會成員的頭銜。此外,該公司CEO Todd Nightingale直接持有總流通股的1.3%。
Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.
查看股東註冊表,我們可以看到前11大股東控制着該公司51%的股權,這意味着沒有單一的股東擁有多數股權。
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 a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
雖然仔細研究公司的機構持股數據是有意義的,但研究分析師對該股票的看法也是有意義的。有相當數量的分析師在跟蹤該股票,因此了解他們對於未來發展的總體看法可能會有所幫助。
Insider Ownership Of Fastly
Fastly的內部所有權
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.
公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間是不同的。我們的數據反映了個別內部人員,至少捕捉到了董事會成員。公司管理業務,但首席執行官即使是董事會成員也必須向董事會負責。
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.
當內部人持股情況表明領導層思考和公司真正所有者一樣時,內部所有權是積極的。然而,高達內部人士所有權也可能爲公司內的小團體帶來巨大的權力。在某些情況下,這可能是負面的。
Shareholders would probably be interested to learn that insiders own shares in Fastly, Inc.. It has a market capitalization of just US$993m, and insiders have US$75m worth of shares, in their own names. This shows at least some alignment. You can click here to see if those insiders have been buying or selling.
股東可能會有興趣了解快速的內部股東持有情況。該公司的市值只有9.93億美元,內部股東持有7,500萬美元的股票,這些股票是以他們自己的名義持有的。這表明了至少有些共識。您可以 點擊這裏查看這些內部股東是否一直在買入或賣出股票。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 23% stake in Fastly. 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.
普通公衆股東通常持有Fastly 23%的股份。雖然這種股權大小可能不足以在他們的喜好中左右決策,但他們仍然可以對公司政策產生集體的影響。
Next Steps:
下一步:
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 4 warning signs with Fastly , and understanding them should be part of your investment process.
雖然考慮擁有一家公司的不同群體是非常值得的,但還有其他更重要的因素。比如,投資風險一直是存在的。我們已經確定了Fastly的4個警示信號,並且了解它們應該是您投資過程的一部分。
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.
如果您想發現分析師對未來增長的預測,請不要錯過這份有關分析師預測的免費報告。
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:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。