What You Need To Know About La Jolla Pharmaceutical Company’s (NASDAQ:LJPC) Investor Composition

The big shareholder groups in La Jolla Pharmaceutical Company (NASDAQ:LJPC) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Warren Buffett said that he likes “a business with enduring competitive advantages that is run by able and owner-oriented people.” So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented.

With a market capitalization of US$118m, La Jolla Pharmaceutical is a small cap stock, so it might not be well known by many institutional investors.