Significant insider control over Alps Group implies vested interests in company growth
The top 2 shareholders own 57% of the company
Ownership research, combined with past performance data can help provide a good understanding of opportunities in a stock
If you want to know who really controls Alps Group Inc (NASDAQ:ALPS), then you’ll have to look at the makeup of its share registry. We can see that individual insiders own the lion’s share in the company with 57% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, insiders as a group endured the highest losses after market cap fell by US$23m.
Let’s delve deeper into each type of owner of Alps Group, beginning with the chart below.
View our latest analysis for Alps Group
NasdaqGM:ALPS Ownership Breakdown December 12th 2025
Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it’s unusual to see larger companies without any institutional investors.
There are many reasons why a company might not have any institutions on the share registry. It may be hard for institutions to buy large amounts of shares, if liquidity (the amount of shares traded each day) is low. If the company has not needed to raise capital, institutions might lack the opportunity to build a position. It is also possible that fund managers don’t own the stock because they aren’t convinced it will perform well. Alps Group’s earnings and revenue track record (below) may not be compelling to institutional investors — or they simply might not have looked at the business closely.
NasdaqGM:ALPS Earnings and Revenue Growth December 12th 2025
Alps Group is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is the CEO Seng Tham with 46% of shares outstanding. In comparison, the second and third largest shareholders hold about 10% and 9.5% of the stock.
A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 57% stake.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. We’re not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.
Story Continues
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
It seems that insiders own more than half the Alps Group Inc stock. This gives them a lot of power. Given it has a market cap of US$171m, that means they have US$97m worth of shares. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling.
With a 34% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Alps Group. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.
We can see that Private Companies own 9.5%, of the shares on issue. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
It’s always worth thinking about the different groups who own shares in a company. But to understand Alps Group better, we need to consider many other factors. Be aware that Alps Group is showing 5 warning signs in our investment analysis , and 4 of those make us uncomfortable…
If you would prefer check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, backed by strong financial data.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.