A look at the shareholders of Selective Insurance Group, Inc. (NASDAQ:SIGI) can tell us which group is the strongest. Corporations often own stock in large companies, and we expect to see insiders own a significant portion of the smaller ones. Companies that were once owned by many people now have fewer owners.
Selective Insurance Group has a market capitalization of US$4.9b, so it’s too big to fly under the radar. We hope to see all the agencies and retailers have a part of the company. Looking at our data on shareholder groups (below), it appears that institutional investors have bought into the company. We can take a closer look at the various private insurance groups, to learn more about Selective Insurance Group.
What Does Institutional Ownership Tell Us About Selective Insurance Groups?
Many organizations measure their performance with an index that is comparable to the local market. Therefore, they often pay more attention to companies that are included in the main documents.
Selective Insurance Group already has subsidiaries on the share register. Indeed, they have a respectable role in the company. This shows the credibility among economists. But we can’t rely on this fact alone because corporations make bad money sometimes, just like everyone else. When several corporations own shares, there is always the risk that they are in ‘multiple trading’. When such a sale goes wrong, several groups can compete to sell the property quickly. This risk is high for a company without a history of growth. You can see the benefits and costs of Selective Insurance Group below, but be aware that there is always more to this story.
Since institutional investors own more than half of the stock offered, the institution should be responsive to their preferences. Selective Insurance Group is not a hedge fund. Our findings show that BlackRock, Inc. is the majority shareholder with 11% of the shares held. Vanguard Group, Inc. is the second largest shareholder with 9.5% of the common stock, and T. Rowe Price Group, Inc. it has about 4.9% of the industry.
If we look at the stock register, we can see that 50% of the ownership is controlled by the top 12, meaning that no single shareholder has a significant ownership interest.
Researching company ownership is a great way to identify and filter stock prospects. The same can be done by studying the opinions of experts. There are quite a few analysts who report on the stock, so it would be useful to know all their future opinions.
Insider Ownership Of Selective Insurance Group
The definition of corporate entrants can be subjective and varies between jurisdictions. Our findings reflect who is inside them, based on board members at least. Management is accountable to the board. However, it is not uncommon for managers to be senior members, especially if they are founders or CEOs.
I generally consider insider ownership to be a good thing. However, sometimes it makes it difficult for shareholders to hold the board accountable for their decisions.
Shareholders may like to know that the participants have shares in Selective Insurance Group, Inc.. The participants have a net worth of US$90m. Many would consider this a real advantage. If you want to explore the question of internal reconciliation, you can click here to see if insiders have been buying or selling.
General Public ownership
The general public – including retail investors – has a 14% stake in the company, so it cannot be easily ignored. Although this group may not call the shots, they can have a real influence on how the company is run.
I find it interesting to look at who owns the company. But in order to gain real insight, we need to consider some facts. To do this, you need to know 1 warning sign we have seen with Selective Insurance Group .
But in the end and the future, not the past, which will determine how successful business owners can be. So we think it’s worth a look This free report shows whether experts are predicting a positive future.
NB: The figures in this article are calculated using data for the last twelve months, which refers to the 12-month period that ends on the last day of the month in which the financial statement is written. This may not be consistent with the figures in the full annual report.
Have a comment on this story? Worried about content? Contact each other and us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is more general in nature. We provide reviews based on historical data and expert forecasts using unbiased methods and our articles are not intended to be financial advice. It does not make recommendations to buy or sell any stock, and does not take into account your goals, or your financial situation. We want to bring you long-term analytics driven by meaningful data. Note that our analysis may not be influenced by recent company announcements or stock prices. Simply Wall St does not have a position in any of the listed stocks.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.