Exploring Jerash Holdings (US), Inc. (JRSH) Investor Profile: Who’s Buying and Why?

You're looking at Jerash Holdings (US), Inc. (JRSH) and wondering who's actually buying this apparel manufacturer, especially when the stock price is hovering around $3.09 as of November 2025. Honestly, the story here isn't about massive institutional dominance-it's about a small, focused group seeing real operational momentum despite global headwinds.

While insider ownership is high, institutional ownership sits at a relatively modest 7.37% of the float, but the names involved, like Vanguard Group Inc. holding 229,104 shares and Renaissance Technologies Llc with 152,470 shares as of late September 2025, tell you something important: smart money is taking a position. They're buying into the tangible growth, like the 24.4% jump in Fiscal Year 2025 revenue to a record $145.8 million, and the swing to a $1.4 million operating income.

But here's the quick reality check: this growth comes with a geopolitical caveat, as the company is navigating logistics disruptions, like shifting shipments from Haifa to Jordan's Aqaba port due to regional conflict. So, are these investors chasing the $22.3 million in gross profit and the fully booked factories through December 2025, or are they underpricing the supply chain risk?

Who Invests in Jerash Holdings (US), Inc. (JRSH) and Why?

You're looking for a clear picture of who is buying Jerash Holdings (US), Inc. (JRSH) stock and what their endgame is. The direct takeaway is this: Jerash Holdings (US), Inc. is a company heavily influenced by its founders and management, but its consistent dividend and strategic growth story attract a distinct mix of income-focused retail investors and growth-oriented institutions.

The investor base is not a typical institutional-heavy NASDAQ stock; it's a fascinating mix. The majority of the float is tightly held by insiders, which means the available public shares (the float) are subject to higher volatility. Here's the quick math on the ownership structure as of late 2025:

• Insiders Ownership: Approximately 51.58%
• Institutions Ownership: Approximately 7.37%
• Retail/Other Ownership: An estimated 41.05%

Key Investor Types: Insiders, Institutions, and the Retail Crowd

The high insider ownership-over half the company at 51.58%-is the single most important factor for Jerash Holdings (US), Inc.. This signals strong conviction from the people running the business, but it also reduces the public float, which can lead to larger price swings on lower trading volume. Insiders defintely have skin in the game.

Institutional ownership, at a relatively low 7.37%, is concentrated among specialized funds and large asset managers. These aren't the mega-caps you see in every portfolio, but focused, data-driven players. For example, as of September 30, 2025, major holders included Susquehanna International Group, Llp, and Vanguard Group Inc., with Renaissance Technologies Llc also holding a significant position. The remaining 41.05% is held by retail investors and smaller funds, often drawn by the company's dividend yield.

Investment Motivations: Growth, Income, and Geopolitical Advantage

Investors are attracted to Jerash Holdings (US), Inc. for three primary reasons that map directly to its business model in Jordan:

• Income Generation: The company has maintained a regular quarterly cash dividend of $0.05 per share, demonstrating a commitment to shareholder returns for eight consecutive years. This translates to an attractive annual dividend of $0.20 and a dividend yield of approximately 6.49% based on recent November 2025 figures. For income investors, that yield is a clear draw, even if the P/E ratio suggests a premium valuation.
• Growth Prospects: The company reported record annual revenue of $145.8 million for fiscal year 2025, a 24.4% increase year-over-year. This growth is fueled by strategic expansion, including a completed facility expansion that is expected to add 15% to production capacity by Q2 FY2026.
• Supply Chain Diversification: Jerash Holdings (US), Inc. is positioned as a key beneficiary of the global trend to diversify apparel supply chains away from Asia. Operating in Jordan offers a stable, low-cost manufacturing environment with low reciprocal tariffs from the U.S. and free trade with the EU and UK. This geopolitical advantage is a core part of the investment thesis, as you can read more about in the Mission Statement, Vision, & Core Values of Jerash Holdings (US), Inc. (JRSH).

Investment Strategies: The Value-Income Hybrid

The typical strategies employed by Jerash Holdings (US), Inc. investors lean into a value-income hybrid approach, often with a long-term holding horizon. Long-term holders are betting on the company's ability to execute on its expansion plans and capitalize on its strategic location. The fact that factories were fully booked through December 2025 speaks to the operational visibility that long-term investors value.

Value investors are looking at the company's operational improvements, like the gross margin increase to 15.3% for the full fiscal year 2025. Short-term trading is less prevalent due to the low float and the low short interest, which was reported at just 0.05%. This suggests that the market's focus is on the multi-year story of supply chain shift and capacity expansion, not quick flips.

The core action for any investor here is to monitor the new customer acquisition, like the major initial order secured from a U.S.-based retail corporation in collaboration with Hansoll Textile. That's the real metric of strategic success.

Institutional Ownership and Major Shareholders of Jerash Holdings (US), Inc. (JRSH)

You're looking at Jerash Holdings (US), Inc. (JRSH) and trying to figure out who the big money players are and what their recent activity signals. The short answer is that while institutional ownership is relatively low, the recent buying activity from a key quantitative firm is a strong signal of short-term value or momentum, which you defintely shouldn't ignore.

As of the most recent filings, Jerash Holdings (US), Inc. has a total of 38 institutional owners and shareholders, holding a combined 1,074,101 shares. This institutional ownership represents about 8.42% of the total shares outstanding, which is quite low for a NASDAQ-listed company, meaning the stock's price movements are still heavily influenced by retail investors and company insiders.

Top Institutional Investors: Who's Buying In?

The institutional landscape for JRSH is dominated by a few key players, primarily index funds and quantitative trading specialists. These firms aren't necessarily taking a long-term strategic view of the apparel manufacturing business, but rather see a tactical opportunity. The data as of September 30, 2025, shows the following top holders:

Here's the quick math: The top five institutions alone hold over 862,000 shares, which is the vast majority of the institutional float. Susquehanna, a major quantitative trading firm, is now the largest holder, which tells you a lot about the nature of the recent investment interest.

Changes in Ownership: A Clear Accumulation Trend

Looking at the recent changes, the trend is one of net accumulation, a bullish sign that often precedes a price move. In the quarter ending September 30, 2025, institutional investors showed a clear preference for increasing their positions.

• Increased Positions: 12 holders bought a total of 195,390 new shares.
• Decreased Positions: Only 5 holders sold a total of 53,524 shares.

The most dramatic move came from Susquehanna International Group, Llp, which increased its stake by an enormous 70.635%, adding 111,359 shares. This kind of aggressive buying from a firm known for high-frequency and quantitative strategies suggests they've identified a short-to-medium-term catalyst or a pricing anomaly they want to exploit. On the flip side, UBS Group AG reduced its position by -23.047%, selling 36,285 shares, indicating a major institutional bank is taking profits or reallocating capital elsewhere.

Impact of Institutional Investors on JRSH's Stock and Strategy

For a smaller company like Jerash Holdings (US), Inc., the role of institutional investors is two-fold. First, their large-volume trades create demand, which can directly influence the stock price, especially in a low-float stock. The net accumulation of nearly 142,000 shares (195,390 bought minus 53,524 sold) in one quarter is a significant demand shock for a stock with only about 13 million shares outstanding.

Second, their presence validates the company's fundamentals, even if their motive is purely quantitative. When a firm like Vanguard Group Inc., a passive index giant, holds 229,104 shares, it's often due to the stock's inclusion in an index, providing a stable, foundational investor base. The aggressive buying by Susquehanna, however, is a market signal that something is fundamentally mispriced or that a technical momentum play is underway. This institutional interest aligns with the analyst 'Moderate Buy' consensus and the average price target of $5.00, representing a substantial upside from the recent $3.26 share price [cite: 1, 3 in previous step].

What this estimate hides is that with only 8.42% institutional ownership, these large investors don't have the leverage to force major strategic shifts, like a BlackRock might at a mega-cap company. Their impact is primarily on liquidity and valuation multiples, not on the company's core strategy of manufacturing apparel for clients like VF Corporation and New Balance. If you want to dive deeper into the company's core financial strength, check out Breaking Down Jerash Holdings (US), Inc. (JRSH) Financial Health: Key Insights for Investors.

Key Investors and Their Impact on Jerash Holdings (US), Inc. (JRSH)

You're looking at Jerash Holdings (US), Inc. (JRSH) and trying to figure out who's really backing the stock and why. The short answer is that the investor base is a mix of strategic insiders and major quantitative and passive institutional funds, and their influence is mostly felt through market liquidity and structural control, not public activism.

The company's core control rests with its majority stockholders, like Chairman and CEO Choi Lin Hung, who have the structural ability to significantly influence major corporate decisions-things like mergers, asset sales, and board elections. This is a common setup for smaller, founder-led companies, and it means the institutional funds, while large, are generally passive players here.

The Institutional Landscape: Who's Buying and Selling

When you look at the institutional holdings as of September 30, 2025, you see a clear profile. The largest institutional holders are typically index-tracking and quantitative firms. They aren't activists; they're in the stock because it fits their mandate or their trading model. This is a classic small-cap profile.

The biggest institutional players include Susquehanna International Group, Llp, a major quantitative trading firm, and Vanguard Group Inc., a behemoth in passive investing. Renaissance Technologies Llc, known for its highly quantitative, model-driven approach, is also a notable holder. These firms' moves are about portfolio balancing and algorithmic signals, not strategic intervention.

Recent Moves and the Market's Reaction

Recent investor activity gives you a clear sense of the stock's sensitivity. In the fiscal year 2025, Jerash Holdings (US), Inc. posted record annual revenue of $145.8 million, a 24.4 percent increase from the prior year. Gross profit also rose to $22.3 million. That's solid growth, but the market is focused on profitability and future capacity.

In Q2 of fiscal 2026 (ended September 30, 2025), revenue was $42.0 million, but the net income of $479,000 missed analyst expectations. The stock immediately dropped by about 2.76% in pre-market trading following that news. That's the real, immediate influence of the broader investor base: they punish earnings misses, even when the underlying revenue story is strong.

• Dividend Stability: The board's consistent approval of a regular quarterly dividend of $0.05 per share (paid in June and again in November 2025) signals a commitment to returning capital, which appeals to income-oriented investors.
• Insider Selling: CFO Gilbert K. Lee executed open-market sales of 1,800 shares in March 2025, following a sale of 1,750 shares in March 2024. This isn't a massive sell-off, but it's a data point you can't defintely ignore; it shows some executives are monetizing their holdings.
• Growth Strategy: Management is actively responding to market demand by exploring potential acquisitions and facility development to increase capacity, which aligns with the Mission Statement, Vision, & Core Values of Jerash Holdings (US), Inc. (JRSH).

Investor Influence: Market Signal Over Activism

For a company like Jerash Holdings (US), Inc. (JRSH), the influence of the institutional investors is less about boardroom battles and more about capital flow. Susquehanna's large increase in shares, for example, is likely a quantitative bet on volatility or a market-making requirement, not a strategic push for a new CEO. Vanguard's stake is simply a reflection of the stock's inclusion in their index funds.

Here's the quick math: when a fund like Vanguard buys or sells, it moves the stock because of the sheer volume of shares, not because they're demanding a change in the gross margin target of 13 to 15 percent for Q3 fiscal 2026. The real power on strategy is held by the insiders and long-term majority shareholders, whose interests are tied directly to the long-term success of the Jordan manufacturing base. Your action item: track the insider ownership changes and the firm's capacity expansion updates; those are the key signals for Jerash Holdings (US), Inc.'s future direction.

Market Impact and Investor Sentiment

You're looking at Jerash Holdings (US), Inc. (JRSH) and trying to figure out if the big money is buying or selling, and why. The short answer is that major shareholders-especially insiders-maintain a Positive sentiment, but institutional investors are still cautious, keeping the stock price volatile despite strong revenue growth in fiscal year 2025.

The investor profile is split: you have a high concentration of ownership among company insiders, which is a big green flag for confidence, but institutional ownership remains relatively low. As of early November 2025, Insider Ownership stood at a significant 51.58%, while Institutional Ownership was only 7.37%. This means the people who know the business best are heavily invested, but the large funds haven't piled in yet. This is a classic small-cap scenario, where a few big institutional moves can have an outsized impact on the stock.

• Insider Confidence: 51.58% ownership by insiders is a strong conviction signal.
• Institutional Hesitation: 7.37% institutional ownership suggests a low float and high volatility risk.
• Dividend Appeal: The regular quarterly cash dividend of $0.05 per share, declared in November 2025, offers some appeal to income-focused investors.

Who's Buying: The Major Shareholders

The institutional holders who are in the game are mostly large index and quantitative funds, which is typical for a smaller NASDAQ-listed company. They aren't necessarily making a huge directional bet, but are buying to track their respective indices or as part of a systematic strategy. For instance, as of September 2025, The Vanguard Group, Inc. was the top institutional holder with 1.80% of shares, totaling 229,104 shares. Other notable names like Susquehanna International Group, LLP and UBS Asset Management AG also hold positions, with each owning approximately 1.24% of the stock. Here's the quick math on who holds the most shares:

What this table hides is the insider activity, which has been overwhelmingly positive. Insider sentiment is defintely a key driver here, with 9 different insiders buying over the last year, demonstrating a broad consensus of confidence in the company's future. You can read more about the company's long-term view in their Mission Statement, Vision, & Core Values of Jerash Holdings (US), Inc. (JRSH).

Recent Market Reactions to Financials

The stock market's reaction to the latest financial data has been a textbook example of a revenue beat overshadowed by an earnings miss. Jerash Holdings (US), Inc. reported its Q2 fiscal 2026 results (ending September 2025) in November 2025, showing revenue of $42.0 million, which beat the consensus estimate of $41.0 million. That's a solid 4.3% year-over-year growth. But, the Earnings Per Share (EPS) of $0.04 fell drastically short of the forecasted $0.095. The market reacted immediately, with the stock seeing a 2.76% decline in pre-market trading, dropping the price to around $3.17. This tells you that investors are focused on near-term profitability and margin compression, not just top-line growth.

For the full fiscal year 2025 (FY2025), the company delivered record annual revenue of $145.8 million, a 24.4% increase from the previous year. The operating income for FY2025 was $1.4 million. Still, the stock was trading at $3.09 as of November 21, 2025, and was down -5.21% in the 10 days prior. That's a strong signal that the market is discounting the past revenue growth to focus on the current quarter's lower 15.0% gross margin (down from 17.5% the prior year) and the EPS shortfall.

Analyst Perspectives and Future Outlook

Analyst sentiment is generally positive on the long-term story, but mixed on the near-term valuation. DA Davidson reiterated a Buy rating with a $4.00 price target in November 2025, focusing on the company's significant Q3 guidance of 19% to 21% revenue growth, which is well above the 10% consensus. They see the current lower gross margins as a temporary cost of market share gains from new customers.

The consensus price target among analysts is $4.50, with a range of $3.50 to $5.00. For fiscal 2026, analysts have upgraded their estimates, now forecasting revenues of $159.7 million and a massive jump in EPS to $0.36. That's a projected 635% increase in per-share earnings, which shows a definite increase in optimism about the company's future profitability. The key action here is watching if management can deliver on its plan to return to a 20% gross margin in the coming years, which is what the bullish analysts are banking on.

Next Step: Review Q3 2026 earnings transcript when available to see if the 19-21% revenue growth guidance is met and how gross margin progresses.