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What Kind Of Shareholders Hold The Majority In GEK TERNA Holdings, Real Estate, Construction S.A.'s (ATH:GEKTERNA) Shares?
A look at the shareholders of GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." So it's nice to see some insider ownership, because it may suggest that management is owner-oriented.
GEK TERNA Holdings Real Estate Construction has a market capitalization of €728m, so we would expect some institutional investors to have noticed the stock. Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. We can zoom in on the different ownership groups, to learn more about GEK TERNA Holdings Real Estate Construction.
See our latest analysis for GEK TERNA Holdings Real Estate Construction
What Does The Institutional Ownership Tell Us About GEK TERNA Holdings Real Estate Construction?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
As you can see, institutional investors have a fair amount of stake in GEK TERNA Holdings Real Estate Construction. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of GEK TERNA Holdings Real Estate Construction, (below). Of course, keep in mind that there are other factors to consider, too.
GEK TERNA Holdings Real Estate Construction is not owned by hedge funds. Our data shows that Reggeborgh Invest B.V. is the largest shareholder with 32% of shares outstanding. With 17% and 6.5% of the shares outstanding respectively, Goergios Peristeris and Estate of Nikolaos D. Kampas are the second and third largest shareholders. Goergios Peristeris, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 56% stake.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known.
Insider Ownership Of GEK TERNA Holdings Real Estate Construction
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
Our most recent data indicates that insiders own a reasonable proportion of GEK TERNA Holdings, Real Estate, Construction S.A.. It has a market capitalization of just €728m, and insiders have €124m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.
General Public Ownership
The general public, with a 26% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
It seems that Private Companies own 39%, of the GEK TERNA Holdings Real Estate Construction stock. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
Next Steps:
While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for GEK TERNA Holdings Real Estate Construction you should know about.
If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About ATSE:GEKTERNA
Gek Terna
Engages in the construction, energy, industry, real estate, and concession businesses in Greece, the Balkans, the Middle East, Eastern Europe, the United States, and internationally.
Fair value with mediocre balance sheet.