Institutional Owners May Ignore Rocky Brands, Inc.'s (NASDAQ:RCKY) Recent US$58m Market Cap Decline as Longer-term Profits Stay in the Green
Institutional Owners May Ignore Rocky Brands, Inc.'s (NASDAQ:RCKY) Recent US$58m Market Cap Decline as Longer-term Profits Stay in the Green
Key Insights
主要見解
- Given the large stake in the stock by institutions, Rocky Brands' stock price might be vulnerable to their trading decisions
- A total of 10 investors have a majority stake in the company with 52% ownership
- Insiders have sold recently
- 考慮到機構持有股份的較高比例,Rocky Brands的股價可能會受到他們的交易決策的影響。
- 共有10位投資者持有該公司的大部分股份,佔有52%的所有權。
- 近期內有內部人士出售股票
If you want to know who really controls Rocky Brands, Inc. (NASDAQ:RCKY), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 76% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
如果您想了解Rocky Brands, Inc.(NASDAQ:RCKY)真正的控制者,那麼您需要查看其股權登記冊的構成。持有該公司76%所有權的是機構,這意味着這個群體面臨着最大的上行(或下行)潛力。
No shareholder likes losing money on their investments, especially institutional investors who saw their holdings drop 21% in value last week. However, the 47% one-year return to shareholders might have softened the blow. We would assume however, that they would be on the lookout for weakness in the future.
沒有股東喜歡在投資中虧錢,尤其是機構投資者在上週看到他們的持股價值下跌21%之後。但是,股東取得的47%的一年回報率可能緩解了這種打擊。不過,我們認爲,他們將會尋找未來的市場弱點。
Let's delve deeper into each type of owner of Rocky Brands, beginning with the chart below.
讓我們深入了解Rocky Brands的每種所有者類型,從下面的圖表開始。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240804/0-3a9a6771b0b3b9e42759e56a7407a687-0-63225d49b1230ae875c002f809b59254.png/big)
What Does The Institutional Ownership Tell Us About Rocky Brands?
機構股權告訴我們Rocky Brands的什麼?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
機構通常在向自己的投資者報告時會針對一個基準進行衡量,因此一旦某隻股票被納入主要指數,他們通常會更加熱衷於該股票。我們預計大多數公司都會有一些機構在登記簿上,尤其是那些正在增長的公司。
We can see that Rocky Brands does have institutional investors; and they hold a good portion of the company's stock. 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. 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 Rocky Brands, (below). Of course, keep in mind that there are other factors to consider, too.
我們可以看到Rocky Brands確實擁有機構投資者,他們持有公司股份的相當一部分。這表明專業投資者對該公司有一定的信譽。但是我們不能僅僅依靠這個事實,因爲機構也會犯錯誤的投資,就像每個人一樣。如果兩個大型機構投資者同時試圖出售一隻股票,股價下跌很多並不罕見。因此,值得檢查Rocky Brands過去的盈利軌跡(如下所示)。當然,還需考慮其他因素。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240804/0-3a9a6771b0b3b9e42759e56a7407a687-1-f24278d29658f8fdff71468194e64582.png/big)
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Rocky Brands. Looking at our data, we can see that the largest shareholder is FMR LLC with 15% of shares outstanding. Dimensional Fund Advisors LP is the second largest shareholder owning 7.6% of common stock, and BlackRock, Inc. holds about 6.4% of the company stock.
機構投資者佔有公司股份的50%以上,因此他們可以共同影響董事會決策。我們注意到,對於該公司流通股的15%,最大的股東是FMR LLC。Dimensional Fund Advisors LP是第二大股東,持有普通股的7.6%,而BlackRock, Inc.持有該公司股份的6.4%。
We did some more digging and found that 10 of the top shareholders account for roughly 52% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
我們做了更多的研究,發現前十大股東擁有約52%的股份,這意味着除了大股東,還有一些小股東,從而在一定程度上平衡各自的利益。
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.
儘管研究公司的機構所有權可以爲您的研究增加價值,但研究分析師的推薦也是一個好禮。該股票受到的分析師覆蓋範圍很小,但不多。因此,它有更多的空間獲得更多的覆蓋範圍。
Insider Ownership Of Rocky Brands
Rocky Brands的內部持股
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。
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.
大多數人認爲內部所有權是積極的,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
Our most recent data indicates that insiders own some shares in Rocky Brands, Inc.. It has a market capitalization of just US$218m, and insiders have US$7.7m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling.
我們最近的數據表明,內部人員持有Rocky Brands, Inc.的一些股份。它的市值僅爲2180萬美元,內部人員持有770萬美元的股票。有人會說這顯示了股東和董事會之間的利益一致。但是,最好檢查這些內部人員是否一直在拋售股票。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 20% stake in Rocky Brands. 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.
一般公衆持有Rocky Brands20%的股份,儘管這種所有權規模可能不足以在他們有利地面推動一項決策,但他們仍然可以對公司政策產生集體影響。
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. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for Rocky Brands (of which 2 are potentially serious!) you should know about.
雖然考慮到擁有公司的不同群體的情況是值得的,但還有其他更重要的因素。例如,風險。每個公司都有風險,而我們已經發現了Rocky Brands的3條警告信號(其中2條潛在嚴重!)您應該知道。
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.
如果您像我一樣,可能希望考慮這家公司是否會增長或縮小。幸運的是,您可以查看此免費報告,顯示分析師對其未來的預測。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。