TORM Ownership

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

Recent Insider Transactions

CPSE:TRMD A Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Oct 24	SellDKK 58,240,007	Jacob Meldgaard	Individual	260,763	DKK 224.23
02 Oct 24	SellDKK 1,434,750	Par Trapp	Individual	6,410	DKK 223.83
08 Mar 24	SellDKK 1,457,634	Par Trapp	Individual	6,410	DKK 227.40

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 TRMD A?
Owner Type	Number of Shares	Ownership Percentage
State or Government	11,532	0.0118%
Individual Insiders	28,904	0.0297%
General Public	40,054,050	41.2%
Institutions	57,226,194	58.8%

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

Top Shareholders

Top 25 shareholders own 58.45% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.7%	Brookfield Corporation	40,581,120	DKK 5.5b	0%	0.75%
4.49%	Arrowstreet Capital, Limited Partnership	4,366,769	DKK 591.3m	94%	0.06%
1.94%	The Vanguard Group, Inc.	1,885,040	DKK 255.2m	22.4%	no data
1.25%	Dimensional Fund Advisors LP	1,213,082	DKK 164.3m	-5.45%	no data
1.14%	Norges Bank Investment Management	1,107,523	DKK 150.0m	16%	no data
0.86%	Two Sigma Advisers, LP	841,000	DKK 113.9m	-33.6%	0.04%
0.77%	Acadian Asset Management LLC	744,602	DKK 100.8m	-69%	0.03%
0.66%	Fidelity International Ltd	641,557	DKK 86.9m	0%	no data
0.6%	American Century Investment Management Inc	584,903	DKK 79.2m	4.19%	0.01%
0.58%	Renaissance Technologies LLC	561,889	DKK 76.1m	24.3%	0.01%
0.55%	Two Sigma Investments, LP	534,755	DKK 72.4m	-46.3%	0.02%
0.51%	abrdn plc	493,109	DKK 66.8m	0%	0.01%
0.44%	Millennium Management LLC	430,399	DKK 58.3m	439%	0.01%
0.41%	Qube Research & Technologies Ltd	394,221	DKK 53.4m	314%	0.01%
0.33%	Morgan Stanley, Investment Banking and Brokerage Investments	318,694	DKK 43.2m	-23.1%	no data
0.27%	UBS Asset Management AG	265,159	DKK 35.9m	173%	no data
0.27%	FundLogic SAS	261,208	DKK 35.4m	0%	0.22%
0.25%	Bessemer Investment Management LLC	246,372	DKK 33.4m	-18.6%	0.01%
0.24%	WisdomTree Asset Management, Inc.	234,447	DKK 31.7m	0%	0.02%
0.23%	Goldman Sachs Group, Investment Banking and Securities Investments	227,306	DKK 30.8m	95.7%	no data
0.23%	Marshall Wace LLP	222,121	DKK 30.1m	-55.3%	0.01%
0.21%	Allianz Asset Management GmbH	207,398	DKK 28.1m	-33.9%	no data
0.19%	Jane Street Group, LLC, Asset Management Arm	187,998	DKK 25.5m	251%	0.01%
0.18%	Cambria Investment Management, L.P.	172,093	DKK 23.3m	67.9%	0.13%
0.16%	Ramirez Asset Management, Inc.	159,315	DKK 21.6m	-6.58%	0.58%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/21 18:42
End of Day Share Price	2025/02/21 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.

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 11 analysts. 4 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