Stock Analysis

Gruma, S.A.B. de C.V. (BMV:GRUMAB) stock most popular amongst private companies who own 40%, while individual investors hold 25%

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Key Insights

  • Gruma. de's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
  • A total of 2 investors have a majority stake in the company with 51% ownership
  • Insider ownership in Gruma. de is 11%

To get a sense of who is truly in control of Gruma, S.A.B. de C.V. (BMV:GRUMAB), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are private companies with 40% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Individual investors, on the other hand, account for 25% of the company's stockholders.

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

View our latest analysis for Gruma. de

BMV:GRUMA B Ownership Breakdown March 14th 2023

What Does The Institutional Ownership Tell Us About Gruma. de?

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.

Gruma. de 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Gruma. de's earnings history below. Of course, the future is what really matters.

BMV:GRUMA B Earnings and Revenue Growth March 14th 2023

Hedge funds don't have many shares in Gruma. de. Looking at our data, we can see that the largest shareholder is Trust No. 111559-4 with 40% of shares outstanding. Graciela Moreno Hernandez is the second largest shareholder owning 11% of common stock, and Artisan Partners Limited Partnership holds about 3.6% of the company stock.

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 51% stake.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Gruma. de

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. 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 information suggests that insiders maintain a significant holding in Gruma, S.A.B. de C.V.. It has a market capitalization of just Mex$98b, and insiders have Mex$11b worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.

General Public Ownership

The general public-- including retail investors -- own 25% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Private Company Ownership

It seems that Private Companies own 40%, of the Gruma. de 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:

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. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Gruma. de you should know about.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its 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.

Valuation is complex, but we're helping make it simple.

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