Simply Wall St

Public companies are among the largest shareholders of Nauticus Robotics, Inc. (NASDAQ: KITT) and hit after prices fell last week by 27%

Every investor in Nauticus Robotics, Inc. (Nasdaq: KITT) You need to be aware of the strongest stakeholder groups. With a 42% stake, public companies own the maximum shares in the company. That is, the group will benefit the most if the stock goes up (or loses the most in the event of a downturn).

While insiders who own 26% came under pressure after the market capitalization plunged to $157 million last week, public companies suffered the biggest losses.

Let’s take a closer look to see what different types of contributors can tell us about Nauticus Robotics.

Our analysis indicates that KITT is probably overrated!

NasdaqCM: KITT Ownership Collapse on October 25, 2022

What does corporate ownership tell us about Nauticus Robotics?

Institutional investors usually compare their returns to the returns of a commonly followed index. So they generally consider buying larger companies included in the relevant benchmark.

Nauticus Robotics already has institutions on the stock registry. In fact, they own a respectable stake in the company. This means that analysts working at those institutions have looked at the stock and liked it. But like everyone else, they can be wrong. It is not uncommon to see a significant drop in the stock price if two large institutional investors attempt to sell a stock at the same time. So it’s worth checking out Nauticus Robotics’ past earnings trajectory, (below). Of course, keep in mind that there are other factors to consider as well.

Profit and revenue growth
NasdaqCM: KITT Earnings and Revenue Growth on October 25, 2022

We note that hedge funds do not have a beneficial investment in Nauticus Robotics. Our data shows that Transocean Ltd. It is the largest shareholder with 24% of the outstanding shares. In contrast, the second and third largest shareholders own about 18% and 10% of the shares. Additionally, we found that Nicholas Radford, CEO has 8.6% of the shares assigned to his name.

A more detailed study of the shareholder register showed that 3 of the major shareholders own a significant amount of ownership in the company, with their 52% stake.

While studying the institutional ownership of a company can add value to your research, it is also a good practice to research analyst recommendations to gain a deeper understanding of the stock’s expected performance. Quite a few analysts cover stocks, so you can look at growth forecasts quite easily.

Insider Ownership of Nauticus Robots

The definition of insiders can vary slightly between different countries, but board members always count. Management ultimately responds to the board of directors. However, it is not uncommon for directors to be members of the executive board, especially if they are a founder or CEO.

Ownership from the inside is positive when it indicates that the leadership thinks like the true owners of the company. However, high internal ownership can give tremendous power to a small group within a company. This can be a negative in some circumstances.

Our information indicates that the insider maintains a significant holding in Nauticus Robotics. It has a market capitalization of only $157 million, and Insiders own $40 million worth of stock in their own names. This may indicate that the founders still own a lot of stock. Could you Click here to see if they are buying or selling.

public property

With 19% ownership, the general public, which is mostly made up of individual investors, has some degree of influence over Nauticus Robotics. While this size of ownership may not be sufficient to influence a policy decision in their favour, they can still collectively influence the company’s policies.

Public ownership of the company

Public companies currently own a 42% stake in Nauticus Robotics. We can’t be sure but it’s entirely possible that this is a strategic stake. Businesses may be similar or operate together.

Next steps:

I find it interesting to know exactly who owns a company. But to really gain insight, we need to consider other information as well. Pay attention that Nauticus Robotics is displayed 3 warning signs in our investment analysis You should know about…

If you’d rather find out what analysts expect in terms of future growth, don’t miss it Free Analyst forecasts report.

Note: The numbers in this article are calculated using data from the last twelve months, which refers to the 12-month period ending on the last date of the month in which the financial statement was dated. This may not be consistent with the annual report figures for the full year.

Evaluation is complex, but we help simplify it.

Find out if Nauticus Robotics potentially overvalued or undervalued by checking out our comprehensive analysis, which includes Fair value estimates, risks, warnings, dividends, insider transactions and financial soundness.

View free analysis

This article by Simply Wall St is general in nature. We provide comments based only on historical data and analyst expectations using an unbiased methodology and our articles are not intended as financial advice. It does not constitute a recommendation to buy or sell any stock, nor does it take into account your objectives or financial situation. We aim to provide you with focused, long-term analysis driven by essential data. Note that our analysis may not include the company’s most recent price-sensitive ads or quality materials. Wall Street simply has no position in any of the stocks mentioned.

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