Cybin Inc., a leading biotechnology company, has been making waves in the stock market with its innovative approaches to psychedelics-based therapeutics. As the company continues to grow and expand its reach, investors are eager to know who owns Cybin stock. In this article, we’ll delve into the world of stock ownership and explore the key players who have a stake in Cybin’s success.
The Corporate Structure of Cybin Inc.
Before we dive into the list of shareholders, it’s essential to understand the corporate structure of Cybin Inc. The company was founded in 2019 and is headquartered in Toronto, Canada. Cybin is a publicly-traded company listed on the NYSE American stock exchange under the ticker symbol CYBN.
Cybin’s management team is comprised of experienced professionals with a deep understanding of the biotechnology and pharmaceutical industries. The company’s CEO, Doug Drysdale, has been instrumental in shaping Cybin’s strategy and vision. Under his leadership, the company has made significant strides in developing its pipeline of psychedelics-based therapeutics.
Key Shareholders of Cybin Inc.
So, who owns Cybin stock? The company’s shareholder base is comprised of a diverse group of institutional and individual investors. Here are some of the key shareholders of Cybin Inc.:
- Doug Drysdale, CEO: As the CEO of Cybin, Doug Drysdale has a significant stake in the company. He owns approximately 1.3 million shares of Cybin stock, which accounts for about 2.5% of the company’s outstanding shares.
- Michael Kogan, CMO: Michael Kogan, the Chief Medical Officer of Cybin, also has a substantial stake in the company. He owns around 750,000 shares of Cybin stock, which represents about 1.4% of the company’s outstanding shares.
- Bruce Linton, Chairman Emeritus: Bruce Linton, a well-known entrepreneur and investor, serves as the Chairman Emeritus of Cybin. He owns approximately 1.1 million shares of Cybin stock, which accounts for about 2.1% of the company’s outstanding shares.
Institutional Shareholders
In addition to individual investors, Cybin also has a number of institutional shareholders. These include:
- Delbrook Capital Advisors Inc.: Delbrook Capital Advisors Inc. is a Vancouver-based investment firm that has a significant stake in Cybin. The firm owns approximately 2.5 million shares of Cybin stock, which represents about 4.7% of the company’s outstanding shares.
- Echelon Wealth Partners Inc.: Echelon Wealth Partners Inc. is a leading Canadian investment firm that has invested in Cybin. The firm owns around 1.5 million shares of Cybin stock, which accounts for about 2.8% of the company’s outstanding shares.
Insider Activity and Shareholdings
Insider activity and shareholdings can provide valuable insights into a company’s prospects. In the case of Cybin, there have been several insider transactions in recent months. Here are a few notable examples:
- Doug Drysdale, CEO: In August 2022, Doug Drysdale acquired an additional 200,000 shares of Cybin stock, increasing his stake in the company to approximately 1.3 million shares.
- Michael Kogan, CMO: In July 2022, Michael Kogan sold 50,000 shares of Cybin stock, reducing his stake in the company to around 750,000 shares.
Insider Transactions and the SEC
The U.S. Securities and Exchange Commission (SEC) requires all publicly-traded companies to disclose insider transactions. These transactions are reported on Form 4, which is filed with the SEC. The form provides detailed information about insider transactions, including the date of the transaction, the number of shares bought or sold, and the price per share.
Understanding Insider Transactions
Insider transactions can be a valuable indicator of a company’s prospects. However, it’s essential to understand the context behind each transaction. Here are a few key points to consider:
- Buying vs. Selling: Insider buying is generally considered a bullish sign, as it suggests that insiders are confident in the company’s prospects. Insider selling, on the other hand, can be a bearish sign, as it may indicate that insiders are losing confidence in the company.
- Volume of Transactions: The volume of insider transactions is also an important factor to consider. A few isolated transactions may not be significant, but a large volume of transactions can indicate a trend.
Public Shareholdings and Cybin Stock
In addition to institutional and insider shareholdings, Cybin also has a significant number of public shareholders. These are individuals who own shares of Cybin stock through various brokerage firms or online trading platforms.
Retail Investors and Cybin Stock
Retail investors play a crucial role in the stock market, as they provide liquidity and help to drive price discovery. In the case of Cybin, retail investors have been actively buying and selling shares of the company’s stock.
- Robinhood Investors: Robinhood is a popular online trading platform that allows retail investors to buy and sell shares of publicly-traded companies. According to data from Robinhood, Cybin is one of the most popular stocks among its users.
- eToro Investors: eToro is another popular online trading platform that allows retail investors to buy and sell shares of publicly-traded companies. According to data from eToro, Cybin is a top 10 holding among its users.
The Role of Retail Investors in the Stock Market
Retail investors play a crucial role in the stock market, as they provide liquidity and help to drive price discovery. Here are a few key points to consider:
- Market Efficiency: Retail investors help to ensure that the stock market is efficient, as they provide liquidity and help to drive price discovery.
- Price Movement: Retail investors can influence price movement, as they buy and sell shares of publicly-traded companies.
Conclusion
In conclusion, the ownership of Cybin stock is diverse and widespread. The company’s shareholder base includes a mix of institutional and individual investors, as well as retail investors. By understanding the key shareholders and insider transactions, investors can gain valuable insights into the company’s prospects and make more informed investment decisions.
As Cybin continues to grow and expand its reach, it’s likely that the company’s shareholder base will continue to evolve. By monitoring insider transactions and public shareholdings, investors can stay up-to-date with the latest developments and make more informed investment decisions.
| Shareholder | Number of Shares | Percentage of Outstanding Shares |
|---|---|---|
| Doug Drysdale, CEO | 1,300,000 | 2.5% |
| Michael Kogan, CMO | 750,000 | 1.4% |
| Bruce Linton, Chairman Emeritus | 1,100,000 | 2.1% |
Note: The information in this article is subject to change and may not reflect the current ownership structure of Cybin Inc.
What is Cybin and what does the company do?
Cybin is a Canadian life sciences company that operates in the field of psychedelic medicine. The company focuses on developing novel treatments and therapies using psychedelic substances, particularly psilocybin. It has received significant attention due to its innovative approach and potential solutions for treating mental health disorders.
The company’s research is primarily centered around the development of proprietary psilocybin-based treatments for depression, anxiety, and addiction. Through its research efforts, Cybin aims to provide clinicians with effective tools to treat various mental health conditions and provide patients with new options for therapy and treatment.
Who are the major shareholders of Cybin stock?
Cybin stock is publicly traded, meaning it is available for purchase by individual investors, institutional investors, and other investors. As a result, the ownership structure of Cybin stock includes various major shareholders, such as institutional investors, individual investors, and the company’s management.
Among the major shareholders, there are several institutional investors holding significant stakes in Cybin. Some notable shareholders include FMR, LLC, The Vanguard Group, Inc., and BlackRock Fund Advisors, among others. These shareholders play a significant role in the overall ownership structure, and their shareholdings have a substantial impact on the company’s stock performance.
How can individual investors purchase Cybin stock?
To purchase Cybin stock, individual investors need to open an account with a reputable brokerage firm or stock trading platform that offers trading in publicly listed stocks. Some well-known examples of such platforms include Robinhood, Fidelity, or E*TRADE.
After opening an account and depositing the necessary funds, individual investors can place a buy order on Cybin’s stock using its stock ticker symbol, ‘CYBN’. The purchase will be executed based on the current market price and the specified number of shares. Once the transaction is completed, the investor will become a shareholder of Cybin.
What is the difference between a registered shareholder and a beneficial shareholder of Cybin?
In the context of Cybin stock, registered shareholders are individuals or organizations directly registered on the company’s shareholder registry. They have a direct ownership interest in Cybin and receive various benefits such as dividend payments, if and when declared by the company.
Beneficial shareholders, on the other hand, own shares indirectly, typically through a brokerage firm, custodian, or nominee account. These shareholders often hold their Cybin shares in a ‘Street name’ or through a brokerage firm and may not appear directly on the company’s shareholder registry.
What are the requirements to become a registered shareholder of Cybin?
To become a registered shareholder of Cybin, one must purchase and hold the company’s shares in their name, rather than holding them in ‘Street name’ through a brokerage firm or custodian. This typically involves contacting the company’s transfer agent or shareholder services department and requesting that the shares be registered directly in the shareholder’s name.
It’s essential for potential registered shareholders to be aware that their personal and beneficial ownership information will be publicly available, and they may be subject to various reporting and regulatory requirements. Therefore, prospective shareholders should consult with financial advisors before becoming registered shareholders.
How do institutional investors, such as BlackRock and Vanguard, influence the ownership of Cybin?
Institutional investors, such as BlackRock and Vanguard, play a significant role in the ownership structure of Cybin stock. Their large fund sizes allow them to accumulate substantial stakes in the company. These institutional investors often own shares through their passive index or actively managed funds, and the individual shares may be held in various portfolios.
Their influence may be observed through voting decisions, investment choices, and overall market sentiment. While individual investors contribute to the total investor base, the major institutional investors, like BlackRock and Vanguard, significantly impact the overall ownership dynamics, as their sizeable investments can move the stock price.
What implications do changes in ownership structure have on Cybin stock’s performance?
The changes in the ownership structure of Cybin can affect the stock’s performance. A shift in investor sentiment or changes in ownership stakes among major shareholders may lead to fluctuations in the company’s stock price. Furthermore, buying and selling activities by institutional and individual investors also have a significant impact on stock prices.
The ownership structure can influence the stock price as it may be perceived as more stable or growth-oriented, depending on the major shareholders and their investment horizons. For instance, if large institutional investors demonstrate confidence in the company’s long-term prospects, the stock price may increase, attracting individual investors and causing a potential growth in stock value.