Nauticus Robotics, Inc. (NASDAQ: KITT) stock price fell 11% last week; public companies would not be happy

Every investor in Nauticus Robotics, Inc. (NASDAQ: KITT) should know the most powerful shareholder groups. We can see that public companies hold the lion’s share of the company with 42% ownership. In other words, the group faces the maximum upside potential (or downside risk).

While insiders, who own 26% of shares, were not spared by the US$28 million drop in market capitalization last week, public companies as a group suffered the maximum losses.

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

See our latest analysis for Nauticus Robotics

distribution of property

What does institutional ownership tell us about Nauticus Robotics?

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.

As you can see, institutional investors hold a sizeable share of Nauticus Robotics. This may indicate that the company has some degree of credibility in the investment community. However, it is best to be wary of relying on the so-called validation that accompanies institutional investors. They are also sometimes wrong. When multiple institutions hold a stock, there is always a risk that they are in a “crowded trade”. When such a transaction goes wrong, multiple parties may compete to quickly sell shares. This risk is higher in a company with no history of growth. You can see Nauticus Robotics’ historical revenue and earnings below, but keep in mind there’s always more to the story.

earnings-and-revenue-growth

earnings-and-revenue-growth

We note that hedge funds have no significant investment in Nauticus Robotics. Transocean Ltd. is currently the largest shareholder, with 24% of the outstanding shares. Schlumberger Limited is the second largest shareholder with 18% of common stock and Angie Berka owns around 10% of the company’s stock. Additionally, the company’s CEO, Nicolaus Radford, directly owns 8.6% of the total shares outstanding.

A more detailed study of the shareholder register showed us that 3 of the main shareholders hold a considerable stake in the company, via their 52% stake.

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. A number of analysts cover the stock, so you can look at growth forecasts quite easily.

Nauticus Robotics Insider Property

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.

Most view insider ownership as a positive because it can indicate that the board is well aligned with other shareholders. However, there are times when too much power is concentrated within this group.

It appears that insiders own a large share of Nauticus Robotics, Inc. Insiders own a $58 million stake in this $224 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

The general public, generally individual investors, hold 19% of the capital of Nauticus Robotics. 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

We can see that public companies hold 42% of the outstanding Nauticus Robotics shares. We cannot be sure, but it is quite possible that it is a strategic issue. Businesses can be similar or work together.

Next steps:

I find it very interesting to see who exactly owns a company. But to really get insight, we also need to consider other information. Be aware that Nauticus Robotics displays 3 warning signs in our investment analysis you should know…

But finally it’s the future, not the past, which will determine the performance of the owners of this company. Therefore, we think it’s advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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.

Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.

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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Karen J. Nelson