Companhia Energética de Minas Gerais - CEMIG Ownership

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

Recent Insider Transactions

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 CIDA?
Owner Type	Number of Shares	Ownership Percentage
State or Government	487,562,874	17%
General Public	874,999,973	30.6%
Institutions	1,498,119,036	52.4%

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

Top Shareholders

Top 25 shareholders own 61.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17%	State of Minas Gerais, Brazil.	487,562,874	€972.5m	-8.66%	no data
16%	BTG Pactual, Asset Management Arm	457,047,659	€911.6m	0.03%	35.02%
10.6%	BlackRock, Inc.	302,811,571	€604.0m	0%	0.01%
3.73%	BNDES Participações S.A. - BNDESPAR	106,610,119	€212.6m	0%	1.84%
3.38%	Pzena Investment Management, Inc.	96,822,560	€193.1m	-0.03%	0.35%
2.47%	The Vanguard Group, Inc.	70,681,852	€141.0m	0.17%	no data
1%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	28,677,324	€57.2m	1.15%	1.48%
0.67%	State Street Global Advisors, Inc.	19,261,192	€38.4m	5.25%	no data
0.63%	Dimensional Fund Advisors LP	18,124,425	€36.2m	0.24%	no data
0.62%	Geode Capital Management, LLC	17,631,723	€35.2m	1.37%	no data
0.58%	Polunin Capital Partners Limited	16,665,171	€33.2m	-2.19%	3.39%
0.54%	Acadian Asset Management LLC	15,354,845	€30.6m	-0.04%	0.07%
0.46%	Vinci Equities Gestora de Recursos Ltda.	13,061,903	€26.1m	0%	2.92%
0.4%	Itau Unibanco S.A., Asset Management Arm	11,361,414	€22.7m	-6.72%	0.34%
0.37%	SEI Investments Management Corporation	10,726,401	€21.4m	-7.13%	0.04%
0.36%	Grantham Mayo Van Otterloo & Co. LLC	10,182,790	€20.3m	18.2%	0.04%
0.34%	Boston Partners Global Investors, Inc.	9,769,948	€19.5m	0%	0.01%
0.34%	Andra AP-fonden	9,730,498	€19.4m	0%	0.1%
0.33%	UBS Asset Management AG	9,466,233	€18.9m	28.8%	no data
0.33%	Nordea Investment Management, AB	9,397,753	€18.7m	2.77%	0.01%
0.33%	Kapitalo Investimentos Ltda.	9,385,569	€18.7m	-0.7%	2.03%
0.32%	TSP Capital Management Group, LLC	9,226,710	€18.4m	-0.52%	5.64%
0.3%	MD Private Investment Counsel	8,674,121	€17.3m	0%	1.03%
0.27%	Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários	7,593,744	€15.1m	-2.64%	0.7%
0.24%	Charles Schwab Investment Management, Inc.	6,734,722	€13.4m	112%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 17:37
End of Day Share Price	2024/12/20 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

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

Industry and Sector Metrics

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Analyst Sources

Companhia Energética de Minas Gerais - CEMIG is covered by 28 analysts. 10 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
Alexandre Ulm de Freitas	Agora Senior
Felipe Mattar	Barclays
Arthur Pereira	BofA Global Research