Great Week for Rocket Lab USA, Inc. (NASDAQ:RKLB) Institutional Investors After Losing 9.6% Over the Previous Year
Great Week for Rocket Lab USA, Inc. (NASDAQ:RKLB) Institutional Investors After Losing 9.6% Over the Previous Year
Key Insights
主要見解
- Significantly high institutional ownership implies Rocket Lab USA's stock price is sensitive to their trading actions
- The top 9 shareholders own 51% of the company
- Insiders have sold recently
- 顯著的高機構持股意味着Rocket Lab USA的股票價格對其交易行爲非常敏感。
- 前9大股東擁有該公司51%的股份。
- 近期內有內部人士出售股票
Every investor in Rocket Lab USA, Inc. (NASDAQ:RKLB) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 35% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
在Rocket Lab USA, Inc. (NASDAQ:RKLB)的所有投資者中,應該了解最強大的股東群體。持有35%的機構是最大的股東群體。換句話說,該群體的投資將會獲得最多的利潤(或損失)。
Institutional investors would appreciate the 14% increase in share price last week, given their one-year losses have totalled a disappointing 9.6%.
機構投資者會欣賞上週14%的股價上漲,因爲他們在過去一年裏的總虧損已經達到了9.6%。
Let's delve deeper into each type of owner of Rocket Lab USA, beginning with the chart below.
讓我們深入了解Rocket Lab USA的每種所有者類型,從下面的圖表開始。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240623/0-c270648abe9eead994262d1bdf32c436-0-e2240b08d63d29762feeb48521b4d3a9.png/big)
What Does The Institutional Ownership Tell Us About Rocket Lab USA?
機構投資者持有的股份數量可以表明該公司在投資界具有一定的信譽度。然而,最好要警惕依賴機構投資者帶來的所謂的驗證。他們也會犯錯誤。當多個機構擁有一家公司的股票時,存在着'擁擠的交易'的風險。當這樣的交易出現問題時,多方可能會爭相快速賣出股票。在一家沒有增長曆史的公司中,這種風險更高。你可以看到Rocket Lab USA的歷史收益和營業收入,但請記住,這只是整個故事的一部分。
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 Rocket Lab USA. 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 Rocket Lab USA's historic earnings and revenue below, but keep in mind there's always more to the story.
如圖所示,機構投資者在Rocket Lab USA擁有相當數量的股份。這可能表明該公司在投資社區具有一定的信譽度。然而,最好要對依賴機構投資者所謂的驗證保持警惕。他們也會犯錯誤。當多個機構擁有一家公司的股票時,存在着'擁擠的交易'的風險。當這樣的交易出現問題時,多方可能會爭相快速賣出股票。在一家沒有增長曆史的公司中,這種風險更高。你可以看到Rocket Lab USA的歷史收益和營業收入,但請記住,這只是整個故事的一部分。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240623/0-c270648abe9eead994262d1bdf32c436-1-54a85779efa7e3c1447ae907c84c98c6.png/big)
We note that hedge funds don't have a meaningful investment in Rocket Lab USA. Khosla Ventures, LLC is currently the company's largest shareholder with 11% of shares outstanding. With 10% and 8.3% of the shares outstanding respectively, Equatorial Trust and Deer Management Company, LLC are the second and third largest shareholders.
我們注意到,對Rocket Lab USA的投資,對沖基金並沒有實質性的投資。Khosla Ventures,LLC目前是公司最大的股東,持有未流通股份的11%。第二大股東和第三大股東分別是Equatorial Trust和Deer Management Company,LLC,他們分別持有流通股份的10%和8.3%。
We did some more digging and found that 9 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.
我們進行了進一步的挖掘,並發現前9大股東持有該公司股份的51%左右,這意味着除了大股東外,還有一些小股東,從而在一定程度上平衡了彼此的利益。
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.
儘管研究公司機構所有權數據是有意義的,但了解分析師的情緒也很有意義,以了解市場的走向。因爲有很多分析師正在跟蹤這個股票,所以看看他們的預測可能是值得的。
Insider Ownership Of Rocket Lab USA
Rocket Lab USA的內部所有權情況
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
雖然內部人士的精確定義可能是主觀的,幾乎每個人都認爲董事會成員是內部人士。管理層最終向董事會負責。但是,如果他們是創始人或CEO,經理成爲執行董事會成員並不罕見。
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 most recent data indicates that insiders own less than 1% of Rocket Lab USA, Inc.. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It is a pretty big company, so it would be possible for board members to own a meaningful interest in the company, without owning much of a proportional interest. In this case, they own around US$10.0m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.
我們最近的數據顯示,內部人士持有Rocket Lab USA, Inc.不到1%的股份。但我們可以注意到,內部人士可能通過私人公司或其他公司結構間接持有利益。這是一家相當大的公司,所以董事會成員可能擁有公司的顯著股權,儘管並沒有佔到非常大的比例。在這種情況下,他們持有價值約爲1千萬美元的股份(按當前股價計算)。看到董事會成員持有股份很好,但最好還是看看這些內部人士是否一直在買入。
General Public Ownership
一般大衆所有權
With a 35% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Rocket Lab USA. 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.
擁有35%股份的普通大衆,主要由個人投資者組成,對Rocket Lab USA有一定的影響力。儘管這種股份大小可能不足以使政策決策朝向他們的有利方向,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。
Private equity firms hold a 19% stake in Rocket Lab USA. This suggests they can be influential in key policy decisions. 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.
私人股權投資公司持有Rocket Lab USA的19%的股權,這表明它們在關鍵的政策決策方面可能會有影響力。有時我們會看到私人股權投資公司長揸股份,但通常情況下,他們的投資週期較短,因此不會在公共公司中投資。一段時間後,他們可能會尋求出售並重新配置資金。
Private Company Ownership
私有公司的所有權
We can see that Private Companies own 10%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
我們發現私人公司持有發行的股份中約10%。很難僅從這個事實得出任何結論,所以值得研究一下誰擁有這些私人公司。有時內部人員或其他相關方通過單獨的私人公司在公共公司擁有股份。
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. To that end, you should be aware of the 2 warning signs we've spotted with Rocket Lab USA .
雖然考慮到公司的不同所有者群體很重要,但還有其他更重要的因素。因此,你應該知道我們在Rocket Lab USA發現的2個警告信號。
But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.
但最終,決定該業務所有者將獲得多大利益的是未來而非過去。因此,我們認爲最好查看此免費報告,以了解分析師是否預測更光明的未來。
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。