The C$93 million drop in the market value of Maple Leaf Foods Inc. (TSE:MFI) Not what insiders like to see after buying stocks recently

If you want to know who really controls Maple Leaf Foods Inc. (TSE:MFI), you’ll have to look at its stock book structure. And the group that owns the bulk of the pie are individual insiders with a 40% ownership interest. That is, the group will benefit the most if the stock goes up (or loses the most in the event of a downturn).

A quick look at our data indicates that insiders have recently purchased shares in the company. However, with stock prices down 3.2% last week, they must be disappointed.

Let’s take a closer look to see what different types of contributors can tell us about Maple Leaf Foods.

However, if you prefer to know the location of a file Opportunities and risks within the MFI industryIn this article, you can check out our analysis on the California food industry.

TSX: MFI Ownership Collapse September 20, 2022

What does corporate ownership tell us about Maple Leaf Foods?

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.

Maple Leaf Foods already has establishments 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. If several institutions change their view of the stock at the same time, you can see the stock price drop rapidly. So it’s worth looking at Maple Leaf Foods’ earnings history below. Of course, the future is what really matters.

Profit and revenue growth
TSX: MFI Earnings and Revenue Growth September 20, 2022

Maple Leaf Foods is not owned by hedge funds. With a 39% stake, CEO Michael McCain is the largest shareholder. RBC Global Asset Management Inc. It is the second largest shareholder holding 8.4% of common stock, and owns The Vanguard Group, Inc. About 2.1% of the company’s shares.

Our research also highlighted the fact that approximately 52% of the company is controlled by the 4 largest shareholders indicating that these owners have a significant impact on the business.

Researching institutional ownership is a good way to measure and filter the expected performance of a stock. The same can be achieved by studying the sentiments of analysts. There are a fair number of analysts covering stocks, so it can be helpful to know their overall view of the future.

Maple Food Insider Ownership

The definition of company insiders can be subjective and does not vary across jurisdictions. Our data reflects individual insiders, capturing directors at the very least. 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.

Most consider insider ownership a positive because it can indicate that the board of directors is well aligned with other shareholders. However, in some cases, a lot of power is concentrated within this group.

Our most recent data indicates that Insiders own a reasonable percentage of Maple Leaf Foods Inc.. It has a market capitalization of just C$2.8 billion, and Insiders have C$1.1 billion worth of shares in their own names. This is very important. Good to see this level of investment. You can check here to see if these insiders have recently purchased.

public property

The general public – including retail investors – owns 34% of the company’s stock, and thus cannot easily be ignored. This size of ownership may not be sufficient to change the company’s policy if the decision is not synchronized with other major shareholders.

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. For example, we have defined 4 Warning Signs for Maple Leaf Food (2 alarming) that you should be aware of.

finally The future is the most important. You can access this Free A report on the expectations of analysts for the company.

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.

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 to be 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.

Evaluation is complex, but we help simplify it.

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

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