Atour Lifestyle Holdings Limited's (NASDAQ:ATAT) Latest 5.4% Decline Adds to One-year Losses, Institutional Investors May Consider Drastic Measures
Atour Lifestyle Holdings Limited's (NASDAQ:ATAT) Latest 5.4% Decline Adds to One-year Losses, Institutional Investors May Consider Drastic Measures
Key Insights
主要见解
- Significantly high institutional ownership implies Atour Lifestyle Holdings' stock price is sensitive to their trading actions
- A total of 4 investors have a majority stake in the company with 51% ownership
- 26% of Atour Lifestyle Holdings is held by insiders
- 显著高的机构持股意味着Atour Lifestyle Holdings的股价对其交易行为非常敏感。
- 共有4个投资者掌握51%的所有权。
- Atour Lifestyle Holdings的26%股份由内部持有。
To get a sense of who is truly in control of Atour Lifestyle Holdings Limited (NASDAQ:ATAT), 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 26% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
要了解Atour Lifestyle Holdings Limited (NASDAQ:ATAT)真正的控制者,重要的是了解该企业的所有权结构。我们可以看到,机构共拥有该公司的26%所有权。换句话说,该集团有望从其对公司的投资中获得最大的利益(或损失最大的利益)。
And so it follows that institutional investors was the group most impacted after the company's market cap fell to US$2.4b last week after a 5.4% drop in the share price. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 14% for shareholders. Often called "market movers", institutions wield significant power in influencing the price dynamics of any stock. Hence, if weakness in Atour Lifestyle Holdings' share price continues, institutional investors may feel compelled to sell the stock, which might not be ideal for individual investors.
因此,在公司市值上周下跌5.4%导致跌至24亿美元后,机构投资者是最受影响的集团。这组投资者可能特别担心目前的亏损,这加剧了股东的一年亏损达14%的亏损。机构常被称为"市场操纵者",他们在影响股票价格方面拥有重大的影响力。因此,如果Atour Lifestyle Holdings的股价持续下跌,机构投资者可能会感到被迫出售股票,而这可能不是个人投资者的最佳选择。
Let's take a closer look to see what the different types of shareholders can tell us about Atour Lifestyle Holdings.
让我们更仔细地看看不同类型的股东可以告诉我们什么关于Atour Lifestyle Holdings。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-0f2d9a502e4ea3db58428d895efdfbde-0-8e00e9a83224c22b7f9d16ccebe5d45f.png/big)
What Does The Institutional Ownership Tell Us About Atour Lifestyle Holdings?
机构所有权对Atour Lifestyle Holdings有何启示?
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.
机构通常在向自己的投资者报告时会针对一个基准进行衡量,因此一旦某只股票被纳入主要指数,他们通常会更加热衷于该股票。我们预计大多数公司都会有一些机构在登记簿上,尤其是那些正在增长的公司。
Atour Lifestyle Holdings already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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 Atour Lifestyle Holdings, (below). Of course, keep in mind that there are other factors to consider, too.
Atour Lifestyle Holdings已经有机构在股东名单上。实际上,他们拥有公司的相当大的股份。这表明专业投资者之间存在一定的信誉。但我们不能仅仅依靠这个事实,因为机构有时会做出糟糕的投资,就像每个人一样。如果两个大型机构投资者同时试图抛售股票,往往会看到股价大幅下跌。因此,值得检查Atour Lifestyle Holdings的过去收入轨迹。当然,要记住还有其他因素需要考虑。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-0f2d9a502e4ea3db58428d895efdfbde-1-9016046f529b5584eba5e0cc1cdeabff.png/big)
Atour Lifestyle Holdings is not owned by hedge funds. With a 19% stake, CEO Haijun Wang is the largest shareholder. Trip.com Group Limited is the second largest shareholder owning 14% of common stock, and Shanghai Divine Investment Management Co., Ltd. holds about 11% of the company stock.
Atour Lifestyle Holdings不是由对冲基金拥有。占有19%的股份,CEO王海军是最大的股东。携程集团有限公司是第二大股东,拥有普通股的14%,上海天漕投资管理有限公司持有公司股份约11%。
Our research also brought to light the fact that roughly 51% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
我们的研究还揭示了这样一个事实:大约51%的公司由前4个股东控制,这表明这些所有者在业务上拥有重大影响力。
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 are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
尽管研究公司的机构持股可以增加您的研究价值,但研究分析师的建议也是一个好习惯,以更深入地了解股票的预期表现。有相当数量的分析师关注该股,因此了解他们对未来的总体观点可能很有用。
Insider Ownership Of Atour Lifestyle Holdings
Atour Lifestyle Holdings的股权内部控制。
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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.
在不同国家,内部人员的定义可能会略有不同,但董事会成员始终是内部人员。管理层最终向董事会负责。然而,如果管理人员是创始人或CEO,那么成为执行董事会成员也是很常见的。
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.
我通常认为内部人士持股是一件好事。但是,在某些情况下,它会使其他股东更难以对董事会的决定进行问责。
Our most recent data indicates that insiders own a reasonable proportion of Atour Lifestyle Holdings Limited. It has a market capitalization of just US$2.4b, and insiders have US$612m worth of shares in their own names. That's quite significant. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
我们最新的数据表明,内部人士合理持有Atour Lifestyle Holdings Limited的股份。市值仅为24亿美元,内部人士自己拥有6120万美元的股票。这是相当重要的。很高兴看到这种程度的投资。您可以在此处检查这些内部人士最近是否一直在购买。
General Public Ownership
一般大众所有权
The general public-- including retail investors -- own 16% stake in the company, and hence can't easily be ignored. 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.
一般公众,包括散户投资者,持有该公司16%的股份,因此不能被忽视。尽管所拥有的股份很多,但如果决策与其他大股东不一致,这可能还不足以改变公司政策。
Private Equity Ownership
股权投资公司持有8.8%的股份,有能力参与塑造以价值创造为重点的公司策略。一些投资者可能会因此而受到鼓舞,因为股权投资公司有时可以鼓励市场看到公司的价值,从而采取有益的策略。另外,那些持有者可能在将其上市后退出投资。
With an ownership of 19%, 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.
由于拥有19%的股权,私募股权公司有能力在创造价值的基础上发挥塑造企业战略的作用。有时我们会看到私募股权公司长期持有,但一般来说,它们具有较短的投资期限,并且--顾名思义--不太投资于公开公司。一段时间后,他们可能会寻求出售并将资本重新投向其他地方。
Public Company Ownership
上市公司所有权
It appears to us that public companies own 14% of Atour Lifestyle Holdings. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
我们认为公共公司拥有Atour Lifestyle Holdings的14%。这可能是战略利益,两家公司可能有相关的商业利益。它可能是他们已分开。这可能值得进一步调查。
Next Steps:
下一步:
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. Be aware that Atour Lifestyle Holdings is showing 1 warning sign in our investment analysis , you should know about...
我发现查找公司的真正所有者非常有趣。但是为了获得真正的见解,我们需要考虑其他信息。请注意,Atour Lifestyle Holdings在我们的投资分析中显示了一个警告信号,您需要了解。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最终,未来最重要。您可以在这份关于该公司分析师预测的免费报告中获取有关信息。
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:本文中的数据是使用最后一个财务报表日期结束的为期12个月的数据计算的。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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。