Individual investors invested in PAM Transportation Services, Inc. (NASDAQ:PTSI) up 16% last week, insiders also reaped rewards

A look at the shareholders of PAM Transportation Services, Inc. (NASDAQ: PTSI) can tell us which group is more powerful. With a 42% stake, individual investors hold the most shares in the company. In other words, the group is likely to gain the most (or lose the most) from its investment in the business.

Individual investors gained the most after the market capitalization hit $672 million last week, while insiders who hold 35% also benefited.

Let’s dive deeper into each type of owner in PAM Transportation Services, starting with the table below.

Check out our latest analysis for PAM Transportation Services

NasdaqGM: PTSI ownership split on April 21, 2022

What does institutional ownership tell us about PAM’s transport services?

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.

We can see that PAM Transportation Services has institutional investors; and they own a good part of the shares of 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. If multiple institutions change their minds on a stock at the same time, you could see the stock price drop quickly. So it is worth checking out the earnings history of PAM Transportation Services below. Of course, the future is what really matters.

earnings-and-revenue-growth
NasdaqGM: PTSI Earnings and Revenue Growth April 21, 2022

Our data shows that hedge funds own 5.8% of PAM Transportation Services. This catches my attention because hedge funds sometimes try to influence management or make changes that will create short-term shareholder value. Matthew Moroun is currently the company’s largest shareholder with 35% of the outstanding shares. With 6.6% and 5.8% of shares outstanding, respectively, Dimensional Fund Advisors LP and Renaissance Technologies LLC are the second and third largest shareholders.

To make our study more interesting, we found that the top 5 shareholders control more than half of the company, which implies that this group has considerable influence on the decision-making of the company.

Institutional ownership research is a good way to assess and filter the expected performance of a stock. The same can be obtained by studying the feelings of the analyst. There is some analyst coverage of the stock, but it could still become better known over time.

Insider ownership of PAM Transportation Services

The definition of company insiders can be subjective and varies from jurisdiction to jurisdiction. Our data reflects individual insiders, capturing at least board members. 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 most recent data indicates that insiders own a reasonable proportion of PAM Transportation Services, Inc. It has a market capitalization of just US$672 million, and insiders own US$237 million of stock in their own name. . It’s great to see insiders so invested in the company. It might be worth checking to see if these insiders have bought recently.

General public property

With a 42% stake, the general public, consisting mainly of individual investors, has some influence over PAM Transportation Services. While this size of ownership may not be enough to sway a policy decision in their favor, they can still have a collective impact on company policies.

Next steps:

It is always useful to think about the different groups that own shares in a company. But to better understand PAM Transportation Services, we need to consider many other factors. For example, we have identified 3 warning signs for PAM Transportation Services (I’m not very good with us) that you should be aware of.

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.

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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