To understand who truly controls Intchains Group Limited (NASDAQ:ICG), it is important to examine the ownership structure of the business. The largest group of shareholders, holding approximately 77% of the company's shares, are individual insiders. This means that they have the most to gain if the stock price rises, or the most to lose if there is a downturn.

Given their significant insider ownership, every decision made by the insiders regarding the company's future is crucial to them.

Looking at the ownership groups of Intchains Group, it is evident that institutional investors do not hold a significant stake in the company. This could be due to the company being too small relative to the funds managed by institutions, or because professional investors do not see it as a favorable investment. The lack of institutional ownership suggests that the stock may be considered risky or unattractive.

The CEO, Qiang Ding, is the largest shareholder with a 29% stake, followed by Zhaoyang Ma with 15% and Chaohua Sheng with 14%. Interestingly, Chaohua Sheng is also a member of the Board of Directors, indicating strong insider ownership among the top shareholders.

Further analysis of the shareholder registry reveals that the top 3 shareholders collectively own 59% of the company.

While studying institutional ownership can provide valuable insights, it is also important to consider analyst recommendations for a more comprehensive understanding of a stock's expected performance. Currently, there is no analyst coverage of Intchains Group, suggesting that the stock is not widely held.

Insider ownership is generally seen as a positive factor. However, it can sometimes make it challenging for other shareholders to hold the board accountable for their decisions. In the case of Intchains Group, insiders own more than half of the company's stock, indicating significant control and alignment with shareholders.

The general public, consisting mostly of individual investors, holds a 12% ownership in Intchains Group. While they may not have the power to make major decisions, their influence on the company cannot be disregarded.

Private companies hold 10% of Intchains Group's shares. It is worth investigating who owns these private companies, as insiders or related parties may have an interest in shares through separate private entities.

While examining ownership is insightful, it is important to consider other information as well. It is worth noting that there is one warning sign for Intchains Group that investors should be aware of.

Please note that the figures in this article are based on data from the last twelve months and may not be consistent with full year annual report figures.

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It is important to remember that this article by Simply Wall St is general in nature and should not be considered as financial advice. The commentary is based on historical data and analyst forecasts, using an unbiased methodology. It does not constitute a recommendation to buy or sell any stock and does not take into account individual objectives or financial situations. The aim is to provide long-term focused analysis driven by fundamental data. Please note that the analysis may not include the latest price-sensitive company announcements or qualitative material. Simply Wall St does not have a position in any stocks mentioned.