Tower Limited

ASX:TWR Stock Report

Market Cap: AU$427.2m

Tower Ownership

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

Recent Insider Transactions

ASX:TWR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
01 Apr 25BuyAU$6,925,990Accident Compensation Corporation, Asset Management ArmCompany5,845,664AU$1.18
01 Apr 25BuyAU$12,636,781Salt Investment Funds LimitedCompany10,598,065AU$1.19
01 Apr 25SellAU$5,519,347Accident Compensation Corporation, Asset Management ArmCompany4,850,194AU$1.14
25 Mar 25SellAU$2,672,427Salt Investment Funds LimitedCompany2,056,463AU$1.30
21 Oct 24BuyAU$2,234,111Accident Compensation Corporation, Asset Management ArmCompany3,594,739.5AU$0.62
21 Oct 24SellAU$7,499,438New Zealand Funds Management Ltd.Company5,376,020.4AU$1.39
21 Oct 24SellAU$10,281,472Accident Compensation Corporation, Asset Management ArmCompany9,157,968.9AU$1.12
21 Oct 24SellAU$1,807,208Salt Funds Management LimitedCompany1,282,388.4AU$1.41
21 Oct 24SellAU$3,489,835Salt Investment Funds LimitedCompany2,476,375.2AU$1.41
17 Sep 24BuyAU$603,971Salt Investment Funds LimitedCompany533,862AU$1.13
24 Jul 24BuyAU$7,997,757Salt Investment Funds LimitedCompany12,677,203.8AU$0.63
24 Jul 24SellAU$9,802,694Salt Investment Funds LimitedCompany13,529,794.5AU$0.72
24 Jul 24SellAU$5,498,635Salt Investment Funds LimitedCompany4,618,638.9AU$1.19

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TWR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders2,108,1330.615%
Private Companies14,580,0004.26%
Institutions120,665,33135.2%
General Public205,198,59959.9%

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

Top Shareholders

Top 25 shareholders own 40.1% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.07%
Accident Compensation Corporation, Asset Management Arm
31,053,217AU$38.7m14.8%0.91%
5.8%
Pacific International Insurance Pty Ltd, Asset Management Arm
19,865,354AU$24.8m0%no data
4.98%
New Zealand Funds Management Ltd.
17,053,054AU$21.3m-28.8%93.35%
4.26%
Lennon Holdings Limited
14,580,000AU$18.2m0%no data
3.63%
Salt Investment Funds Limited
12,427,046AU$15.5m36%24.27%
3.53%
Masfen Securities Limited, Asset Management Arm
12,087,177AU$15.1m0%42.68%
3.46%
Salt Funds Management Limited
11,868,348AU$14.8m73.8%15.41%
1.43%
Dimensional Fund Advisors LP
4,897,411AU$6.1m-0.97%no data
1.12%
Aspiring Asset Management Limited
3,823,554AU$4.8m0%1.14%
0.99%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
3,400,537AU$4.2m0%no data
0.62%
Milford Asset Management, LTD
2,129,474AU$2.7m0%0.03%
0.39%
Forsyth Barr Investment Management Limited
1,339,791AU$1.7m0%0.11%
0.36%
Blair Turnbull
1,246,244AU$1.6m447%no data
0.16%
Michael Stiassny
562,407AU$701.4k0%no data
0.079%
FCA Corp
270,000AU$336.7k0%0.06%
0.053%
Graham Stuart
182,250AU$227.3k0%no data
0.052%
Macquarie Asset Management Public Investments (N.Z.) Limited
178,889AU$223.1k0%0.04%
0.036%
Macquarie Asset Management (NZ), LTD
123,426AU$153.9k0%0.05%
0.018%
Velten Asset Management GmbH
62,723AU$78.2k0%0.25%
0.015%
UBS Asset Management AG
52,388AU$65.3k0%no data
0.013%
Angus Shelton
44,550AU$55.6k0%no data
0.011%
Gabrielle Marris
36,450AU$45.5k0%no data
0.0091%
Michael Cutter
31,253AU$39.0k0%no data
0.0078%
American Century Investment Management Inc
26,812AU$33.5k0%no data
0.0018%
AMP Capital Investors Limited
6,130AU$7.6k0%0.03%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 17:01
End of Day Share Price 2025/05/02 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Tower Limited is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nigel PittawayCitigroup Inc
Andrew AdamsCredit Suisse
James LindsayForsyth Barr Group Ltd.