GigaCloud Technology Inc.'s (NASDAQ:GCT) Stock Price Dropped 5.8% Last Week; Individual Investors Would Not Be Happy
GigaCloud Technology Inc.'s (NASDAQ:GCT) Stock Price Dropped 5.8% Last Week; Individual Investors Would Not Be Happy
Key Insights
主要見解
- Significant control over GigaCloud Technology by individual investors implies that the general public has more power to influence management and governance-related decisions
- 50% of the business is held by the top 18 shareholders
- Insiders have been selling lately
- 個人投資者對GigaCloud Technology具有重要控制力,這意味着普通公衆擁有更多影響管理和治理決策的權力。
- 前18大股東持有50%的股份。
- 內部人員最近一直在賣出。
If you want to know who really controls GigaCloud Technology Inc. (NASDAQ:GCT), 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 individual investors with 44% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
如果你想知道誰真正掌控着GigaCloud Technology Inc. (納斯達克股票代碼:GCT),那麼你就需要查看其股份註冊表的構成。持有44%所有權的個人投資者佔最大份額。換句話說,該群體投資公司的收益最大,也承受最大損失。
While insiders, who own 26% shares weren't spared from last week's US$76m market cap drop, individual investors as a group suffered the maximum losses
儘管持有26%股份的內部人士上週沒有幸免於價值7600萬美元的市值下跌,但個人投資者作爲一群體承受了最大的損失。
Let's delve deeper into each type of owner of GigaCloud Technology, beginning with the chart below.
讓我們深入探討GigaCloud Technology每一類型的股東情況,首先看下面的圖表。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240618/0-822c297fabb016a2e2637aada5a3189f-0-75737394a76844517eb8d18c55a3aead.png/big)
What Does The Institutional Ownership Tell Us About GigaCloud Technology?
機構所有權對GigaCloud Technology有何啓示?
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.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
We can see that GigaCloud Technology 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. 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 GigaCloud Technology's historic earnings and revenue below, but keep in mind there's always more to the story.
我們可以看到GigaCloud Technology確實擁有機構投資者,並且他們持有相當大比例的公司股票。這表明職業投資者中有一定的可信度。但是,我們不能僅僅依靠這個事實,因爲有時機構投資者也會犯錯誤,就像其他人一樣。當多個機構投資者持有一支股票時,他們總會存在一個“擁擠的交易”風險。當這樣的交易出現問題時,多個方面可能競相快速拋售股票。在沒有增長曆史的公司中,這種風險更高。你可以看到GigaCloud Technology的歷史收益和營業收入數據,但請記住,故事遠不止這些。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240618/0-822c297fabb016a2e2637aada5a3189f-1-7de9cd30920e66ac33d3924f1c3d43df.png/big)
GigaCloud Technology is not owned by hedge funds. The company's CEO Lei Wu is the largest shareholder with 20% of shares outstanding. With 12% and 3.8% of the shares outstanding respectively, DCM Ventures Inc. and Lianya Pan are the second and third largest shareholders.
GigaCloud Technology不是由對沖基金持有的。該公司的CEO吳雷是持有20%流通股的最大股東。第二和第三大股東分別是DCM Ventures Inc.和潘連亞,佔流通股的12%和3.8%。
A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 50% implying that no single shareholder has a majority.
進一步觀察股權數據,前18名股東共持有50%的所有權,這意味着沒有任何一名股東佔據多數。
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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
雖然研究公司的機構所有權可以增加您的研究價值,但研究分析師建議是了解股票預期表現的更深入的做法。相當多的分析師都對該股票進行了研究,因此您可以輕鬆地查看預測增長。
Insider Ownership Of GigaCloud Technology
GigaCloud Technology的內部持股情況
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. 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.
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有所不同。我們的數據反映了個人內部人員,至少捕捉到董事會成員的記錄。公司管理人員向董事會報告,後者應該代表股東的利益。值得注意的是,有時高級管理人員自己也在董事會中。
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.
我通常認爲內部人士持股是一件好事。但是,在某些情況下,它會使其他股東更難以對董事會的決定進行問責。
Our information suggests that insiders maintain a significant holding in GigaCloud Technology Inc.. It is very interesting to see that insiders have a meaningful US$331m stake in this US$1.3b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.
我們的信息表明,內部人士在GigaCloud Technology Inc.中持有重要股份。有趣的是,內部人士在這家市值13億美元的公司中持有有意義的3310萬美元的股份。大多數人都會很高興看到董事會與他們一起投資。你可以查看這個免費的圖表,展示內部交易的最新情況。
General Public Ownership
一般大衆所有權
The general public, who are usually individual investors, hold a 44% stake in GigaCloud Technology. 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.
通常由個人投資者組成的普通公衆持有GigaCloud Technology 44%的股份。儘管此類持股量可能不足以在政策決策上起到影響,但他們仍然可以對公司政策產生集體影響。
Private Equity Ownership
股權投資公司持有8.8%的股份,有能力參與塑造以價值創造爲重點的公司策略。一些投資者可能會因此而受到鼓舞,因爲股權投資公司有時可以鼓勵市場看到公司的價值,從而採取有益的策略。另外,那些持有者可能在將其上市後退出投資。
With an ownership of 12%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere.
股權投資公司持有12%的股份,可以在價值創造方面對塑造企業戰略發揮作用。有時我們會看到私募股權的持股期較長,但通常情況下,他們持有期限較短,而且--正如名稱所示--不太在公共公司中進行投資。一段時間後,他們可能會尋求出售並重新部署資本。
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. Case in point: We've spotted 2 warning signs for GigaCloud Technology you should be aware of.
雖然考慮到擁有公司的不同群體非常重要,但其他因素更加重要。例如:我們已經發現GigaCloud Technology存在兩個警告信號,你應該了解它們。
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。