U.S. markets open in 5 hours 56 minutes
  • S&P Futures

    4,192.75
    -1.50 (-0.04%)
     
  • Dow Futures

    34,428.00
    -14.00 (-0.04%)
     
  • Nasdaq Futures

    13,594.75
    -3.00 (-0.02%)
     
  • Russell 2000 Futures

    2,238.90
    -1.00 (-0.04%)
     
  • Crude Oil

    64.85
    +0.14 (+0.22%)
     
  • Gold

    1,820.10
    +4.40 (+0.24%)
     
  • Silver

    27.47
    -0.01 (-0.04%)
     
  • EUR/USD

    1.2076
    +0.0007 (+0.06%)
     
  • 10-Yr Bond

    1.5610
    0.0000 (0.00%)
     
  • Vix

    18.50
    -0.65 (-3.39%)
     
  • GBP/USD

    1.3915
    +0.0023 (+0.16%)
     
  • USD/JPY

    109.1780
    +0.0930 (+0.09%)
     
  • BTC-USD

    56,071.11
    -705.96 (-1.24%)
     
  • CMC Crypto 200

    1,467.44
    -3.97 (-0.27%)
     
  • FTSE 100

    7,092.97
    +16.80 (+0.24%)
     
  • Nikkei 225

    29,357.82
    +26.45 (+0.09%)
     

What Type Of Shareholders Own The Most Number of Lionheart Acquisition Corporation II (NASDAQ:LCAP) Shares?

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Simply Wall St
·4 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

The big shareholder groups in Lionheart Acquisition Corporation II (NASDAQ:LCAP) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." So it's nice to see some insider ownership, because it may suggest that management is owner-oriented.

Lionheart Acquisition Corporation II is not a large company by global standards. It has a market capitalization of US$290m, which means it wouldn't have the attention of many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let's delve deeper into each type of owner, to discover more about Lionheart Acquisition Corporation II.

See our latest analysis for Lionheart Acquisition Corporation II

ownership-breakdown
ownership-breakdown

What Does The Institutional Ownership Tell Us About Lionheart Acquisition Corporation II?

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.

As you can see, institutional investors have a fair amount of stake in Lionheart Acquisition Corporation II. 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 Lionheart Acquisition Corporation II, (below). Of course, keep in mind that there are other factors to consider, too.

earnings-and-revenue-growth
earnings-and-revenue-growth

Lionheart Acquisition Corporation II is not owned by hedge funds. The company's CEO Ophir Sternberg is the largest shareholder with 17% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.2% and 3.8%, of the shares outstanding, respectively.

Looking at the shareholder registry, we can see that 51% of the ownership is controlled by the top 16 shareholders, meaning that no single shareholder has a majority interest in the ownership.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far I can tell there isn't analyst coverage of the company, so it is probably flying under the radar.

Insider Ownership Of Lionheart Acquisition Corporation II

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.

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.

It seems insiders own a significant proportion of Lionheart Acquisition Corporation II. Insiders own US$49m worth of shares in the US$290m company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

The general public holds a 35% stake in Lionheart Acquisition Corporation II. 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.

Next Steps:

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. Case in point: We've spotted 1 warning sign for Lionheart Acquisition Corporation II you should be aware of.

Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials.

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.

This article by Simply Wall St is general in nature. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.