{"id":2050317,"date":"2025-09-25T22:43:58","date_gmt":"2025-09-25T22:43:58","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2050317"},"modified":"2025-09-25T22:43:58","modified_gmt":"2025-09-25T22:43:58","slug":"betr-entertainment-limiteds-asxbbt-largest-shareholders-are-retail-investors-with-25-ownership-insiders-own-23","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/betr-entertainment-limiteds-asxbbt-largest-shareholders-are-retail-investors-with-25-ownership-insiders-own-23\/","title":{"rendered":"Betr Entertainment Limited&#8217;s (ASX:BBT) largest shareholders are retail investors with 25% ownership, insiders own 23%"},"content":{"rendered":"<p><\/p>\n<div data-testid=\"article-body\">\n<div class=\"bodyItems-wrapper\">\n<ul class=\"yf-1woyvo2\">\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Betr Entertainment&#8217;s significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->52% of the business is held by the top 6 shareholders<!-- HTML_TAG_END --><\/p>\n<\/li>\n<li class=\"yf-1woyvo2\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6\/ownership?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Insider ownership in Betr Entertainment is 23%;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> Insider ownership in Betr Entertainment is 23%<\/a><!-- HTML_TAG_END --><\/p>\n<\/li>\n<\/ul>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/434616\/us-dividend-powerhouses-with-a-forecast-yield-of-6percent\/global?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=investing-ideas&amp;utm_source=yahoo&amp;utm_content=dividend-forecast-yield-6pcnt\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">We&#8217;ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.<\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Every investor in Betr Entertainment Limited (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/au.finance.yahoo.com\/quote\/BBT.AX\" data-ylk=\"slk:ASX:BBT;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ASX:BBT<\/a>) should be aware of the most powerful shareholder groups. With 25% stake, retail investors possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->And individual insiders on the other hand have a 23% ownership in the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Let&#8217;s take a closer look to see what the different types of shareholders can tell us about Betr Entertainment.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><span class=\"veryHighlightLink\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=cta&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:View our latest analysis for Betr Entertainment;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> View our latest analysis for Betr Entertainment <\/a><\/span><!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-8xybrv\">\n<div class=\"image-container yf-1gfnohs loader\" style=\"--max-height: 372px;\">\n<div class=\"image-wrapper yf-1gfnohs\" style=\"--aspect-ratio: 960 \/ 372; --img-max-width: 960px;\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6\/ownership?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer\"><\/a><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->ASX:BBT Ownership Breakdown September 25th 2025<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it&#8217;s included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->As you can see, institutional investors have a fair amount of stake in Betr Entertainment. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Betr Entertainment, (below). Of course, keep in mind that there are other factors to consider, too.<!-- HTML_TAG_END --><\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-8xybrv\">\n<div class=\"image-container yf-1gfnohs loader\" style=\"--max-height: 613px;\">\n<div class=\"image-wrapper yf-1gfnohs\" style=\"--aspect-ratio: 960 \/ 613; --img-max-width: 960px;\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6\/future?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=infographic&amp;utm_source=yahoo\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"earnings-and-revenue-growth\" loading=\"lazy\" height=\"613\" width=\"960\" class=\"yf-1gfnohs loader\"\/><\/a><\/div>\n<\/div><figcaption class=\"yf-8xybrv\"><!-- HTML_TAG_START -->ASX:BBT Earnings and Revenue Growth September 25th 2025<!-- HTML_TAG_END -->  <\/figcaption><\/figure>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Hedge funds don&#8217;t have many shares in Betr Entertainment. Our data shows that Matthew Tripp is the largest shareholder with 11% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 10% and 9.0%, of the shares outstanding, respectively. Michael Sullivan, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->On further inspection, we found that more than half the company&#8217;s shares are owned by the top 6 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><button class=\"secondary-btn fin-size-large readmore-button    rounded   yf-mtwu30\" data-ylk=\"elm:readmore;itc:1;sec:content-canvas;slk:Story%20Continues\" aria-label=\"Story Continues\" title=\"Story Continues\"> <span>Story Continues<\/span> <\/button> <\/p>\n<div class=\"read-more-wrapper\" style=\"display: none\" data-testid=\"read-more\">\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->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 are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->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.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->It seems insiders own a significant proportion of Betr Entertainment Limited. It has a market capitalization of just AU$248m, and insiders have AU$58m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6\/ownership?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=integrated-pitch&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:click here to see if they have been buying or selling.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> click here to see if they have been buying or selling. <\/a><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->With a 25% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Betr Entertainment. While this group can&#8217;t necessarily call the shots, it can certainly have a real influence on how the company is run.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->With a stake of 10%, private equity firms could influence the Betr Entertainment board. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->Our data indicates that Private Companies hold 18%, of the company&#8217;s shares. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it&#8217;s hard to draw any broad stroke conclusions, it is worth noting as an area for further research.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->It&#8217;s always worth thinking about the different groups who own shares in a company. But to understand Betr Entertainment better, we need to consider many other factors. For example, we&#8217;ve discovered <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=integrated-pitch&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:1 warning sign for Betr Entertainment;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>1 warning sign for Betr Entertainment<\/strong><\/a> that you should be aware of before investing here.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START -->If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/company\/id\/8F9D1DFA-39F6-4B2C-AEA8-4E0C569CD0C6\/future?blueprint=4086639&amp;utm_medium=finance_user&amp;utm_campaign=conclusion&amp;utm_source=yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:this free report showing analyst forecasts for its future;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">this free report showing analyst forecasts for its future<\/a>.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><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><!-- HTML_TAG_END --><\/p>\n<p class=\"yf-1090901\"><!-- HTML_TAG_START --><strong>Have feedback on this article? Concerned about the content?<\/strong> <span><strong>Get in touch<\/strong><\/span><strong> with us directly.<\/strong><i> Alternatively, email editorial-team (at) simplywallst.com.<\/i><\/p>\n<p><i>This article by Simply Wall St is general in nature. <strong>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.<\/strong> 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.<\/i><!-- HTML_TAG_END --><\/p>\n<\/p><\/div><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source uk.finance.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Betr Entertainment&#8217;s significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public 52% of the business is held by the top 6 shareholders Insider ownership in Betr Entertainment is 23% We&#8217;ve found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1987170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[380573,324757,380572],"class_list":["post-2050317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-institutional-investors","tag-shareholders","tag-shares-outstanding"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/08\/A-Look-At-The-Fair-Value-Of-Inspired-Entertainment-Inc.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2050317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2050317"}],"version-history":[{"count":0,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2050317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/1987170"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2050317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2050317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2050317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}