Fujian Raynen Technology is a company with significant insider ownership, particularly by Wei Jian Yang who owns 63% of the company. This level of ownership suggests a strong interest in the company’s expansion and success. The past performance of a company, along with ownership data, can provide insight into the prospects for a business.
Looking at the shareholders of Fujian Raynen Technology, individual insiders hold the majority of the company’s ownership, making them the biggest beneficiaries of any gains in the stock. Institutional ownership is less than 5%, indicating that while some funds are interested in the company, many have not yet bought shares. Hedge funds do not own shares in the company.
Insider ownership of more than half of the company gives insiders effective control, with a stake of CN¥2.4b in the CN¥3.8b business. The general public holds 29% of the ownership, while private companies hold 4.6%. Understanding the different groups who own shares in a company can provide valuable insights into its future performance.
Despite the high level of insider ownership, there is currently no analyst coverage of the stock. While insider ownership can indicate alignment with the company’s success, it can also concentrate power in a small group. Investors interested in Fujian Raynen Technology should consider other factors beyond ownership when making investment decisions.
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