Public companies among the top shareholders of First International Bank of Israel Ltd (TLV:FIBI) saw their value rise after shares jumped 3.1% last week

A look at the shareholders of First International Bank of Israel Ltd (TLV:FIBI) can tell us which group is more powerful. The group with the largest number of shares in the company, around 48% to be precise, are the public companies. That is, the group will benefit the most if the stock goes up (or lose the most if there is a downturn).

As a result, public enterprises were the biggest beneficiaries of last week’s 3.1% gain.

Let’s dive deeper into each type of First International Bank of Israel owner, starting with the table below.

However, if you prefer to see where opportunities and risks are within FIBI’s industryyou can check out our analysis on the IL banking industry.

TASE: FIBI Ownership Breakdown September 6, 2022

What does institutional ownership tell us about the First International Bank of Israel?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it is included in a major index. We would expect most companies to have some institutions listed, especially if they are growing.

The First International Bank of Israel already has institutions listed in the share register. Indeed, they hold a respectable stake in the company. This implies that analysts working for these institutions have reviewed the stock and like it. But like everyone else, they can be wrong. It is not uncommon to see a sharp decline in the stock price if two large institutional investors attempt to sell a stock at the same time. It is therefore worth checking the trajectory of past earnings of the First International Bank of Israel (below). Of course, keep in mind that there are other factors to consider as well.

earnings-and-revenue-growth
TASE: FIBI Earnings and Revenue Growth September 6, 2022

Hedge funds don’t have a lot of shares in First International Bank of Israel. Our data shows that FIBI Holdings Ltd is the largest shareholder with 48% of shares outstanding. Meanwhile, the second and third largest shareholders hold 3.3% and 2.5% of the outstanding shares respectively.

A more detailed study of the shareholder register showed us that 2 of the main shareholders hold a considerable stake in the company, via their 52% stake.

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.

Insider ownership of First International Bank of Israel

The definition of an insider may differ slightly from country to country, but board members still matter. The management of the company runs the company, but the CEO will answer to the board of directors, even if he is a member of it.

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 most recent data indicates that insiders own less than 1% of First International Bank of Israel Ltd. This is a fairly large company, so it would be possible for board members to hold a significant stake in the company, without holding a large proportionate share. interest. In this case, they own about 3.6 million euros worth of shares (at current prices). Arguably, recent purchases and sales are equally important to consider. You can click here to see if insiders have been buying or selling.

General public property

The general public, including retail investors, owns 29% of the company’s capital and therefore cannot be easily ignored. While that size of ownership might not be enough to sway a policy decision in their favor, they can still have a collective impact on company policies.

Ownership of a public company

We can see that public companies own 48% of the outstanding shares of First International Bank of Israel. 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:

I find it very interesting to see who exactly owns a business. But to really get insight, we also need to consider other information. To this end, you should be aware of the 1 warning sign we spotted with First International Bank of Israel.

If you prefer to find out what analysts are predicting in terms of future growth, don’t miss this free analyst forecast report.

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 the financial statements are dated. This may not be consistent with the annual report figures for the full year.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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