TIM 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 TIMB N?
Owner Type	Number of Shares	Ownership Percentage
General Public	355,713,665	14.7%
Institutions	452,630,779	18.7%
Private Companies	1,612,013,649	66.6%

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

Top Shareholders

Top 25 shareholders own 80.27% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
66.6%	TIM Brasil Serviços e Participações S.A.	1,612,013,649	Mex$83.7b	0%	no data
4.18%	Capital Research and Management Company	101,161,826	Mex$5.2b	0.13%	0.02%
2.15%	BlackRock, Inc.	51,998,574	Mex$2.7b	0.59%	no data
1.33%	The Vanguard Group, Inc.	32,273,987	Mex$1.7b	0.02%	no data
1.03%	Norges Bank Investment Management	24,948,069	Mex$1.3b	0%	0.01%
0.54%	Dimensional Fund Advisors LP	13,051,812	Mex$677.3m	2.4%	0.01%
0.37%	Macquarie Investment Management Business Trust	8,896,675	Mex$461.7m	-0.42%	0.03%
0.33%	Schroder Investment Management North America Inc.	8,075,355	Mex$419.0m	0%	0.08%
0.31%	American Century Investment Management Inc	7,611,815	Mex$395.0m	830%	0.01%
0.28%	J.P. Morgan Asset Management, Inc.	6,724,786	Mex$349.0m	0.15%	no data
0.27%	Schroder Investment Management Limited	6,463,400	Mex$335.4m	0%	0.01%
0.27%	GoldenTree Asset Management LP	6,447,230	Mex$334.6m	0%	1.15%
0.26%	Vokin Investimentos	6,243,585	Mex$324.0m	0%	11.5%
0.25%	Brandes Investment Partners, LP	5,973,765	Mex$310.0m	21.4%	0.21%
0.22%	Grantham Mayo Van Otterloo & Co. LLC	5,310,200	Mex$275.6m	0.84%	0.05%
0.22%	Ariel Investments, LLC	5,215,791	Mex$270.7m	98.6%	0.14%
0.21%	AP Fonden 2	5,169,300	Mex$268.3m	0%	0.1%
0.2%	Managed Account Advisors LLC	4,926,655	Mex$255.7m	3.98%	no data
0.2%	Pictet Asset Management Limited	4,843,448	Mex$251.3m	0%	0.01%
0.2%	AXA Investment Managers S.A.	4,834,500	Mex$250.9m	-1.09%	0.03%
0.19%	Merrill Lynch & Co. Inc., Banking Investments	4,603,840	Mex$238.9m	-31.9%	0.01%
0.17%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	4,226,494	Mex$219.3m	1.29%	0.33%
0.17%	Wellington Management Group LLP	4,024,000	Mex$208.8m	-0.8%	no data
0.17%	Vinci Equities Gestora de Recursos LTDA	4,020,648	Mex$208.6m	0%	1.13%
0.15%	Fidelity International Ltd	3,660,796	Mex$190.0m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/06/12 12:23
End of Day Share Price	2023/03/16 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

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

TIM S.A. is covered by 47 analysts. 15 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
Beatriz Battelli	Banco Brascan S.A.
Michel Morin	Barclays
Mathieu Robilliard	Barclays