How Much Of Currency Exchange International, Corp. (TSE:CXI) Do Insiders Own? – Yahoo Finance

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If you want to know who really controls Currency Exchange International, Corp. (TSE:CXI), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it’s not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.’

With a market capitalization of CA$154m, Currency Exchange International is a small cap stock, so it might not be well known by many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. Let’s take a closer look to see what the different types of shareholder can tell us about CXI.

View our latest analysis for Currency Exchange International

What Does The Institutional Ownership Tell Us About Currency Exchange International?

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.

As you can see, institutional investors own 24% of Currency Exchange International. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. 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 Currency Exchange International’s historic earnings and revenue, below, but keep in mind there’s always more to the story.

Hedge funds don’t have many shares in Currency Exchange International. There is some analyst coverage of the stock, but it could still become more well known, with time.

Insider Ownership Of Currency Exchange International

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.