Tenet Healthcare Ownership

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

Recent Insider Transactions

DB:THC1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
31 Oct 24	Sell€574,468	Lisa Foo	Individual	4,000	€143.64
05 Sep 24	Sell€1,695,520	R. Ramsey	Individual	11,599	€146.18
27 Aug 24	Sell€293,191	Richard Fisher	Individual	2,000	€146.93
16 Aug 24	Sell€1,188,938	Paola Arbour	Individual	8,377	€141.93
15 Aug 24	Sell€14,060,007	Saumya Sutaria	Individual	100,000	€141.48
06 Aug 24	Sell€2,677,144	Meghan FitzGerald	Individual	20,000	€133.86
10 Jun 24	Sell€172,325	Richard Fisher	Individual	1,400	€123.09
31 May 24	Sell€2,938,343	Joseph Kerrey	Individual	23,822	€124.64
30 May 24	Sell€1,340,443	Christopher Lynch	Individual	10,861	€123.42
09 May 24	Sell€209,066	Nadja West	Individual	1,782	€117.32
07 May 24	Sell€285,732	Richard Fisher	Individual	2,500	€114.29
01 May 24	Sell€885,734	Thomas Arnst	Individual	8,148	€112.18
12 Mar 24	Sell€1,269,181	Richard Mark	Individual	14,000	€90.66
06 Mar 24	Sell€1,615,888	Paola Arbour	Individual	18,168	€88.94
01 Mar 24	Sell€1,194,433	Thomas Arnst	Individual	13,606	€88.19
15 Feb 24	Sell€664,433	Christopher Lynch	Individual	7,978	€83.28
14 Feb 24	Sell€172,700	Richard Fisher	Individual	2,100	€82.24

Insider Trading Volume

Insider Buying: THC1 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of THC1?
Owner Type	Number of Shares	Ownership Percentage
State or Government	100,221	0.105%
Individual Insiders	992,201	1.04%
General Public	4,124,760	4.34%
Institutions	89,879,818	94.5%

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

Top Shareholders

Top 25 shareholders own 67.24% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.6%	The Vanguard Group, Inc.	10,122,422	€1.2b	-2.46%	0.02%
10%	BlackRock, Inc.	9,538,815	€1.2b	-3.49%	0.02%
8.09%	FMR LLC	7,690,110	€945.9m	87.8%	0.06%
7.85%	T. Rowe Price Group, Inc.	7,468,372	€918.6m	-6.88%	0.08%
3.61%	Invesco Ltd.	3,437,025	€422.7m	-15%	0.12%
3.06%	State Street Global Advisors, Inc.	2,907,644	€357.6m	-1.23%	0.01%
2.8%	Glenview Capital Management, LLC	2,658,791	€327.0m	-43%	7.49%
2.15%	Geode Capital Management, LLC	2,044,667	€251.5m	23.6%	0.02%
1.91%	Arrowstreet Capital, Limited Partnership	1,815,484	€223.3m	31.7%	0.18%
1.88%	Norges Bank Investment Management	1,784,029	€219.4m	0%	0.02%
1.69%	Invesco Capital Management LLC	1,605,267	€197.4m	-0.04%	0.08%
1.68%	Citadel Advisors LLC	1,599,715	€196.8m	-25.2%	0.22%
1.42%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,348,193	€165.8m	11.3%	0.04%
1.28%	Dimensional Fund Advisors LP	1,220,626	€150.1m	-6.5%	0.02%
1.14%	Millennium Management LLC	1,088,824	€133.9m	-30.4%	0.11%
0.91%	Goldman Sachs Asset Management, L.P.	867,829	€106.7m	33.4%	0.03%
0.9%	Qube Research & Technologies Ltd	854,410	€105.1m	75.9%	0.22%
0.84%	BNY Asset Management	800,440	€98.5m	-10.3%	0.02%
0.83%	Managed Account Advisors LLC	784,964	€96.5m	-29.9%	0.02%
0.82%	OrbiMed Advisors LLC	782,000	€96.2m	-33.4%	1.43%
0.78%	Marshall Wace LLP	740,008	€91.0m	3.65%	0.14%
0.76%	AQR Capital Management, LLC	719,344	€88.5m	111%	0.12%
0.73%	Northern Trust Global Investments	695,378	€85.5m	-3.79%	0.01%
0.73%	Farallon Capital Management, L.L.C.	692,442	€85.2m	0.73%	0.56%
0.71%	Charles Schwab Investment Management, Inc.	677,797	€83.4m	-34%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 03:10
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Tenet Healthcare Corporation is covered by 44 analysts. 18 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
Brian Kemp Dolliver	Avondale Partners
Hua Ha	Baird
Ishan Majumdar	Baptista Research