<div id="readability-page-1"><div><h3>Key Insights</h3><ul> <li> Significant control over Volati by individual investors implies that the general public has more power to influence management and governance-related decisions </li> <li> A total of 12 investors have a majority stake in the company with 51% ownership </li> <li>  Insiders have bought recently  </li> </ul><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p><p> If you want to know who really controls Volati AB (publ) (STO:VOLO), then you'll have to look at the makeup of its share registry.  With 46% stake, individual investors possess the maximum shares in the company.   That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). </p><p> Following a 5.6% decrease in the stock price last week, individual investors suffered the most losses, but insiders who own 28% stock also took a hit.     </p><p> Let's take a closer look to see what the different types of shareholders can tell us about Volati. </p><p><span> Check out our latest analysis for Volati </span></p><figure><img height="245" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/23648819-ownership-breakdown-1-dark-2/1768882741372?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/23648819-ownership-breakdown-1-dark-2/1768882741372"/><figcaption>OM:VOLO Ownership Breakdown January 20th 2026</figcaption></figure> <h2>What Does The Institutional Ownership Tell Us About Volati?</h2><p> 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. </p> <p> As you can see, institutional investors have a fair amount of stake in Volati.  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.  If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Volati's earnings history below. Of course, the future is what really matters. </p><figure><img height="1048" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/23648819-earnings-and-revenue-growth-1-dark-2/1768882742993?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1642" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/23648819-earnings-and-revenue-growth-1-dark-2/1768882742993"/><figcaption>OM:VOLO Earnings and Revenue Growth January 20th 2026</figcaption></figure> <p> We note that hedge funds don't have a meaningful investment in Volati.      Our data suggests that Patrik Wahlen, who is also the company's Top Key Executive, holds the most number of shares at 23%. When an insider holds a sizeable amount of a company's stock, investors consider it as a positive sign because it suggests that insiders are willing to have their wealth tied up in the future of the company.       Meanwhile, the second and third largest shareholders, hold 8.0% and 5.5%, of the shares outstanding, respectively.      In addition, we found that Andreas Stenbäck, the CEO has 0.9% of the shares allocated to their name.   </p> <p> A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority.  </p> <p> 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.   There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.  </p><h2>Insider Ownership Of Volati</h2><p> While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.  Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. </p><p> Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. </p> <p> Our information suggests that insiders maintain a significant holding in Volati AB (publ).   It has a market capitalization of just kr8.0b, and insiders have kr2.3b worth of shares in their own names.  We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can  click here to see if those insiders have been buying or selling.  </p> <h2>General Public Ownership</h2><p> The general public-- including retail investors -- own 46% stake in the company, and hence can't easily be ignored.   While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. </p> <h2>Next Steps:</h2><p> I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.    For instance, we've identified  <strong> 1 warning sign for Volati</strong>  that you should be aware of.   </p> <p> If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. </p> <p><small>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.</small></p></div></div>

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<p>Individual investors hold a significant 46% stake in Volati AB (publ), making them the largest group of shareholders. Following a 5.6% drop in stock price, these investors faced the most losses, while insiders, owning 28%, also experienced declines. The top 12 shareholders collectively own 51%, indicating no single majority owner. Insiders, including key executive Patrik Wahlen, hold shares worth kr2.3b, suggesting alignment with shareholder interests. Despite some institutional investment, the company lacks substantial analyst coverage, highlighting potential for growth in visibility and investment interest.</p>

Individual investors are Volati AB (publ)'s (STO:VOLO) biggest owners and were hit after market cap dropped kr476m