ERG 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 ERGM?
Owner Type	Number of Shares	Ownership Percentage
Institutions	24,299,478	16.6%
General Public	28,189,048	19.2%
Private Companies	94,000,000	64.2%

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

Top Shareholders

Top 25 shareholders own 77.34% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
64.2%	San Quirico SPA	94,000,000	€1.9b	0%	no data
1.41%	The Vanguard Group, Inc.	2,065,303	€40.8m	1.18%	no data
1.4%	Amundi Asset Management SAS	2,055,477	€40.6m	-3.42%	0.01%
1.4%	BlackRock, Inc.	2,053,775	€40.5m	-13.3%	no data
0.86%	Sycomore Asset Management SA	1,266,968	€25.0m	0%	0.76%
0.76%	State Street Global Advisors, Inc.	1,117,762	€22.1m	-5.91%	no data
0.74%	SEB Investment Management AB	1,085,847	€21.4m	20.6%	0.04%
0.67%	Norges Bank Investment Management	986,303	€19.5m	0%	no data
0.58%	Anima SGR S.p.A.	844,003	€16.7m	0%	0.11%
0.55%	Tocqueville Finance SA	803,957	€15.9m	0%	0.62%
0.48%	Handelsbanken Asset Management	701,712	€13.9m	0%	0.02%
0.47%	Euromobiliare Asset Management SGR SpA	685,242	€13.5m	0%	0.42%
0.47%	Azimut Capital Management Sgr SpA	683,927	€13.5m	0%	0.2%
0.4%	Gravis Advisory Limited	580,500	€11.5m	0%	0.99%
0.39%	AXA Investment Managers S.A.	577,638	€11.4m	50.7%	0.02%
0.38%	RWC Partners Limited	559,214	€11.0m	0.06%	0.15%
0.37%	Northwest & Ethical Investments L.P.	538,662	€10.6m	11.6%	0.25%
0.31%	BNP Paribas Asset Management Europe	450,949	€8.9m	0.18%	0.02%
0.3%	Natixis Investment Managers International	440,554	€8.7m	1.94%	0.04%
0.26%	BNPP Asset Management Holding	387,417	€7.6m	0%	0.01%
0.2%	Dimensional Fund Advisors LP	287,259	€5.7m	-0.81%	no data
0.19%	HSBC Global Asset Management (France)	280,201	€5.5m	0%	0.08%
0.19%	Baring Asset Management Limited	279,268	€5.5m	0%	0.07%
0.19%	Mandarine Gestion	279,200	€5.5m	0%	0.3%
0.19%	Ecofi Investissements	277,291	€5.5m	5.66%	1.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 20:00
End of Day Share Price	2024/12/09 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

ERG S.p.A. is covered by 24 analysts. 8 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
Pierre-Yves Gauthier	AlphaValue
Francesco Sala	Banca Akros S.p.A. (ESN)
Lydia Rainforth	Barclays