Insiders own 31% of TERNA ENERGY Industrial Commercial Technical Societe Anonyme (ATH:TENERGY) shares but public companies control 37% of the company

Key Insights

• Significant control over TERNA ENERGY Industrial Commercial Technical Societe Anonyme by public companies implies that the general public has more power to influence management and governance-related decisions
• A total of 2 investors have a majority stake in the company with 57% ownership
• Insider ownership in TERNA ENERGY Industrial Commercial Technical Societe Anonyme is 31%

Every investor in TERNA ENERGY Industrial Commercial Technical Societe Anonyme (ATH:TENERGY) should be aware of the most powerful shareholder groups. We can see that public companies own the lion's share in the company with 37% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Meanwhile, individual insiders make up 31% of the company’s shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies.

In the chart below, we zoom in on the different ownership groups of TERNA ENERGY Industrial Commercial Technical Societe Anonyme.

Check out our latest analysis for TERNA ENERGY Industrial Commercial Technical Societe Anonyme

What Does The Institutional Ownership Tell Us About TERNA ENERGY Industrial Commercial Technical Societe Anonyme?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

TERNA ENERGY Industrial Commercial Technical Societe Anonyme already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. 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 TERNA ENERGY Industrial Commercial Technical Societe Anonyme, (below). Of course, keep in mind that there are other factors to consider, too.

Hedge funds don't have many shares in TERNA ENERGY Industrial Commercial Technical Societe Anonyme. Looking at our data, we can see that the largest shareholder is GEK TERNA Holdings, Real Estate, Construction S.A. with 37% of shares outstanding. In comparison, the second and third largest shareholders hold about 21% and 6.4% of the stock. Georgios Peristeris, who is the second-largest shareholder, also happens to hold the title of Top Key Executive. Additionally, the company's CEO Emmanuel Maragoudakis directly holds 1.2% of the total shares outstanding.

A more detailed study of the shareholder registry showed us that 2 of the top shareholders have a considerable amount of ownership in the company, via their 57% 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. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of TERNA ENERGY Industrial Commercial Technical Societe Anonyme

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders own a reasonable proportion of TERNA ENERGY Industrial Commercial Technical Societe Anonyme. It is very interesting to see that insiders have a meaningful €600m stake in this €1.9b business. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public-- including retail investors -- own 22% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Public Company Ownership

Public companies currently own 37% of TERNA ENERGY Industrial Commercial Technical Societe Anonyme stock. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 3 warning signs for TERNA ENERGY Industrial Commercial Technical Societe Anonyme (2 don't sit too well with us!) that you should be aware of before investing here.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

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. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.