Private equity firms are Finance of America Companies Inc.’s (NYSE:FOA) biggest owners and were rewarded after market cap rose by US$28m last week 

Significant control over Finance of America Companies by private equity firms implies that the general public has more power to influence management and governance-related decisions 54% of the business is held by the top 3 shareholders Recent sales by insiders To get a sense of who is truly in control of Finance of America Companies Inc. (NYSE:FOA), it is important to understand the ownership structure of the business. With 32% stake, private equity firms possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.As a result, private equity firms were the biggest beneficiaries of last week’s 10% gain.In the chart below, we zoom in on the different ownership groups of Finance of America Companies. See our latest analysis for Finance of America Companies NYSE:FOA Ownership Breakdown January 5th 2025 Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it’s included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.We can see that Finance of America Companies does have institutional investors; and they hold a good portion of the company’s stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 Finance of America Companies’ earnings history below. Of course, the future is what really matters. NYSE:FOA Earnings and Revenue Growth January 5th 2025 It looks like hedge funds own 11% of Finance of America Companies shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Blackstone Inc. is currently the company’s largest shareholder with 32% of shares outstanding. For context, the second largest shareholder holds about 11% of the shares outstanding, followed by an ownership of 11% by the third-largest shareholder. Brian Libman, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. Additionally, the company’s CEO Graham Fleming directly holds 1.3% of the total shares outstanding.To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company.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 some analyst coverage of the stock, but it could still become more well known, with time.The definition of company insid