Manitex International, Inc. (NASDAQ:MNTX) has attracted the attention of institutional investors who hold a significant 50% stake

Every investor in Manitex International, Inc. (NASDAQ: MNTX) should know the most powerful shareholder groups. With a 50% stake, the institutions own the maximum amount of shares in the company. In other words, the group faces the maximum upside potential (or downside risk).

Since institutions have access to huge amounts of capital, their movements in the market tend to come under scrutiny from retail or individual investors. Therefore, having a considerable amount of institutional money invested in a business is often considered a desirable trait.

Let’s dive deeper into each Manitex International owner type, starting with the table below.

NasdaqCM: MNTX Ownership Breakdown September 12, 2022

What does institutional ownership tell us about Manitex International?

Institutional investors typically compare their own returns to the returns of a commonly tracked index. They therefore generally consider buying larger companies that are included in the relevant benchmark.

Manitex International already has establishments on the share register. Indeed, they hold a respectable stake in the company. This suggests some credibility with professional investors. But we cannot rely solely on this fact since institutions sometimes make bad investments, like everyone else. If multiple institutions change their minds on a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out Manitex International’s earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
NasdaqCM: MNTX Earnings and Revenue Growth September 12, 2022

Hedge funds don’t have a lot of shares in Manitex International. The company’s largest shareholder is Tadano Ltd., with a 15% stake. With 7.2% and 5.7% of the outstanding shares respectively, Royce & Associates, LP and Terex Corporation are the second and third largest shareholders. Additionally, we found that Michael Coffey, the CEO, owns 3.0% of the shares allocated to his name.

We also observed that the top 8 shareholders represent more than half of the share register, with some small shareholders to balance the interests of the larger ones to some extent.

While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand a stock’s expected performance. There is a little analyst coverage of the stock, but not much. So there is room for him to gain coverage.

Manitex International Insider Ownership

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management is ultimately responsible to the board of directors. However, it is not uncommon for managers to be members of the management board, especially if they are founders or CEOs.

I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that insiders hold a significant stake in Manitex International, Inc. Insiders hold an $11 million stake in this $100 million company. We would say this shows alignment with shareholders, but it should be noted that the company is still quite small; some insiders may have founded the company. You can click here to see if these insiders have been buying or selling.

General public property

With a 19% stake, the general public, made up mainly of individual investors, has a certain grip on Manitex International. Although this group may not necessarily make the decisions, they can certainly have a real influence on the way the business is run.

Ownership of a public company

It can be seen that public companies hold 20% of Manitex International’s outstanding shares. It may be a strategic interest and both companies may have related business interests. They may have separated. This exploitation probably deserves further investigation.

Next steps:

It is always useful to think about the different groups that own shares in a company. But to better understand Manitex International, we need to consider many other factors. Know that Manitex International shows 2 warning signs in our investment analysis and 1 of them is significant…

At the end of the day the future is the most important. You can access this free analyst forecast report for the company.

NB: The figures in this article are calculated using trailing twelve month data, which refers to the 12 month period ending on the last day of the month in which the financial statements are dated. This may not be consistent with the annual report figures for the full year.

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