Insiders of Tamburi Investment Partners S.p.A. (BIT:TIP) must be frustrated after market cap dropped €55m since recent purchases

Key Insights

• Significant insider control over Tamburi Investment Partners implies vested interests in company growth
• 51% of the business is held by the top 5 shareholders
• Insiders have bought recently

A look at the shareholders of Tamburi Investment Partners S.p.A. (BIT:TIP) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 33% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Notably, insiders have bought shares recently. However, with market cap down by €55m over the last week, their expectations were far from met.

Let's take a closer look to see what the different types of shareholders can tell us about Tamburi Investment Partners.

View our latest analysis for Tamburi Investment Partners

What Does The Institutional Ownership Tell Us About Tamburi Investment Partners?

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.

Tamburi Investment Partners already has institutions on the share registry. Indeed, they own a respectable stake in the company. 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. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Tamburi Investment Partners' historic earnings and revenue below, but keep in mind there's always more to the story.

Hedge funds don't have many shares in Tamburi Investment Partners. d'Amico Società di Navigazione SpA is currently the company's largest shareholder with 13% of shares outstanding. The second and third largest shareholders are Angelini Partecipazioni Finanziarie S.r.l. and Sergio Di Condojanni, with an equal amount of shares to their name at 12%. Sergio Di Condojanni, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. Furthermore, CEO Giovanni Tamburi is the owner of 9.3% of the company's shares.

On looking further, we found that 51% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.

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. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.

Insider Ownership Of Tamburi Investment Partners

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

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 Tamburi Investment Partners S.p.A.. It is very interesting to see that insiders have a meaningful €503m stake in this €1.5b 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 30% 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.

Private Company Ownership

We can see that Private Companies own 25%, of the shares on issue. 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:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Tamburi Investment Partners has 3 warning signs we think you should be aware of.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com