Luc Tack Tessenderlo Group NV's (EBR:TESB) CEO is the most bullish insider, and their stock value gained 3.3%last week

Key Insights

• Insiders appear to have a vested interest in Tessenderlo Group's growth, as seen by their sizeable ownership
• The largest shareholder of the company is Luc Tack with a 59% stake
• Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company

Our free stock report includes 3 warning signs investors should be aware of before investing in Tessenderlo Group. Read for free now.

To get a sense of who is truly in control of Tessenderlo Group NV (EBR:TESB), it is important to understand the ownership structure of the business. We can see that individual insiders own the lion's share in the company with 68% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

As a result, insiders were the biggest beneficiaries of last week’s 3.3% gain.

In the chart below, we zoom in on the different ownership groups of Tessenderlo Group.

See our latest analysis for Tessenderlo Group

What Does The Institutional Ownership Tell Us About Tessenderlo Group?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

Tessenderlo Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Tessenderlo Group's earnings history below. Of course, the future is what really matters.

Tessenderlo Group is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is the CEO Luc Tack with 59% of shares outstanding. With such a huge stake, we infer that they have significant control of the future of the company. It's usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider with such skin in the game. With 8.4% and 1.3% of the shares outstanding respectively, Patrick Steverlynck and The Vanguard Group, Inc. are the second and third largest shareholders.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Tessenderlo Group

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that insiders own more than half of Tessenderlo Group NV. This gives them effective control of the company. Insiders own €1.1b worth of shares in the €1.6b company. That's extraordinary! Most would be pleased to see the board is investing alongside them. You may wish to discover if they have been buying or selling.

General Public Ownership

The general public, who are usually individual investors, hold a 27% stake in Tessenderlo Group. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 3 warning signs for Tessenderlo Group you should know about.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.