TORM Ownership

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

Recent Insider Transactions

BATS-CHIXE:TRMDAC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
01 Apr 25	SellDKK 307,800	Annette Beate Wacknitz Justad	Individual		2,700	DKK 114.00

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 TRMDAC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	0	0%
Individual Insiders	208,992	0.213%
General Public	41,727,483	42.6%
Institutions	56,015,954	57.2%

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

Top Shareholders

Top 25 shareholders own 55.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
41.4%	Brookfield Corporation	40,581,120	DKK 5.6b	0%	0.92%
3.11%	Arrowstreet Capital, Limited Partnership	3,045,268	DKK 418.1m	-27.2%	0.04%
2.28%	The Vanguard Group, Inc.	2,235,553	DKK 306.9m	12%	no data
1.29%	Dimensional Fund Advisors LP	1,259,525	DKK 172.9m	0.13%	no data
1.27%	Norges Bank Investment Management	1,245,660	DKK 171.0m	12.5%	no data
1.05%	American Century Investment Management Inc	1,033,152	DKK 141.9m	36.2%	0.01%
0.65%	Fidelity International Ltd	641,557	DKK 88.1m	0%	no data
0.61%	Renaissance Technologies LLC	599,289	DKK 82.3m	12.2%	0.01%
0.52%	UBS Asset Management AG	513,635	DKK 70.5m	18.5%	no data
0.48%	Morgan Stanley	470,412	DKK 64.6m	93.7%	no data
0.45%	Aberdeen Group Plc	440,109	DKK 60.4m	0%	no data
0.35%	Castleknight Management LP	338,100	DKK 46.4m	589%	0.37%
0.3%	Qube Research & Technologies Ltd	295,507	DKK 40.6m	-21.1%	0.01%
0.27%	The Goldman Sachs Group, Inc.	266,096	DKK 36.5m	0%	no data
0.27%	FundLogic SAS	261,208	DKK 35.9m	0%	0.22%
0.22%	Corigliano Investment Advisers, LLC	211,788	DKK 29.1m	0%	1.33%
0.19%	Cambria Investment Management, L.P.	187,750	DKK 25.8m	9.1%	0.13%
0.19%	Charles Schwab Investment Management, Inc.	182,830	DKK 25.1m	1.81%	no data
0.19%	Jacob Meldgaard	182,788	DKK 25.1m	115%	no data
0.15%	Susquehanna International Group, LLP	150,666	DKK 20.7m	253%	no data
0.13%	State Street Global Advisors, Inc.	130,024	DKK 17.9m	53.1%	no data
0.12%	Deutsche Asset & Wealth Management	117,637	DKK 16.2m	6.62%	no data
0.12%	Nomura Asset Management Taiwan Ltd.	117,626	DKK 16.1m	0%	0.06%
0.12%	Schweizerische Nationalbank	113,760	DKK 15.6m	0%	no data
0.11%	Allianz Asset Management GmbH	111,262	DKK 15.3m	-30.6%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/05 05:52
End of Day Share Price	2025/10/23 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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 8 analysts. 5 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