TORM Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:TRMD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 Apr 25	Sell€41,257	Annette Beate Wacknitz Justad	Individual	2,700	€15.28
04 Oct 24	Sell€7,807,783	Jacob Meldgaard	Individual	260,763	€30.06
02 Oct 24	Sell€192,300	Par Trapp	Individual	6,410	€30.00

Insider Trading Volume

Insider Buying: TRMD insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TRMD?
Owner Type	Number of Shares	Ownership Percentage
State or Government	11,532	0.0118%
Individual Insiders	141,874	0.145%
General Public	37,874,434	38.7%
Institutions	59,743,003	61.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 58.17% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.5%	Brookfield Corporation	40,581,120	€541.8m	0%	0.75%
4.47%	Arrowstreet Capital, Limited Partnership	4,366,769	€58.3m	94%	0.06%
1.93%	The Vanguard Group, Inc.	1,885,040	€25.2m	22.4%	no data
1.3%	Dimensional Fund Advisors LP	1,266,827	€16.9m	-1.08%	no data
1.13%	Norges Bank Investment Management	1,107,523	€14.8m	16%	no data
0.86%	Two Sigma Advisers, LP	841,000	€11.2m	-33.6%	0.03%
0.76%	Acadian Asset Management LLC	744,602	€9.9m	-69%	0.03%
0.66%	Fidelity International Ltd	641,557	€8.6m	0%	no data
0.64%	American Century Investment Management Inc	626,292	€8.4m	11.6%	0.01%
0.57%	Renaissance Technologies LLC	561,889	€7.5m	24.3%	0.01%
0.55%	Two Sigma Investments, LP	534,755	€7.1m	-46.3%	0.02%
0.5%	Aberdeen Group Plc	493,109	€6.6m	0%	0.01%
0.44%	Millennium Management LLC	430,399	€5.7m	439%	0.01%
0.4%	Qube Research & Technologies Ltd	394,221	€5.3m	314%	0.01%
0.33%	Morgan Stanley, Investment Banking and Brokerage Investments	318,694	€4.3m	-23.1%	no data
0.27%	UBS Asset Management AG	265,159	€3.5m	173%	no data
0.27%	FundLogic SAS	261,208	€3.5m	0%	0.18%
0.23%	Goldman Sachs Group, Investment Banking and Securities Investments	227,306	€3.0m	95.7%	no data
0.23%	Marshall Wace LLP	222,121	€3.0m	-55.3%	0.01%
0.23%	Lind Invest ApS	221,413	€3.0m	0%	0.93%
0.21%	Allianz Asset Management GmbH	207,398	€2.8m	-33.9%	no data
0.19%	Jane Street Group, LLC, Asset Management Arm	187,998	€2.5m	251%	0.01%
0.18%	Cambria Investment Management, L.P.	172,093	€2.3m	67.9%	0.11%
0.16%	Ramirez Asset Management, Inc.	159,315	€2.1m	-6.58%	0.51%
0.16%	HSBC Global Asset Management (UK) Limited	153,460	€2.0m	49.2%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/16 17:54
End of Day Share Price	2025/04/16 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TORM plc is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Marcus Bellander	Carnegie Investment Bank AB
Håvard Lie	Danske Bank