Key Insights Significant control over Aker Carbon Capture by private companies implies that the general public has more power to influence management and governance-related decisions The top 5 shareholders own 52% of the company Institutions own 22% of Aker Carbon Capture
To get a sense of who is truly in control of Aker Carbon Capture ASA (OB:ACC), it is important to understand the ownership structure of the business. With 43% stake, private companies possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).
And last week, private companies endured the biggest losses as the stock fell by 6.9%.
In the chart below, we zoom in on the different ownership groups of Aker Carbon Capture.
Check out our latest analysis for Aker Carbon Capture
OB:ACC Ownership Breakdown July 10th 2023What Does The Institutional Ownership Tell Us About Aker Carbon Capture?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Aker Carbon Capture already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Aker Carbon Capture’s historic earnings and revenue below, but keep in mind there’s always more to the story.
OB:ACC Earnings and Revenue Growth July 10th 2023
We note that hedge funds don’t have a meaningful investment in Aker Carbon Capture. The Resource Group Trg As is currently the company’s largest shareholder with 43% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 2.4%