![]() This may not be consistent with full year annual report figures. 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. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. To that end, you should learn about the 3 warning signs we've spotted with Eagers Automotive (including 1 which is concerning). While it is well worth considering the different groups that own a company, there are other factors that are even more important. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. Private companies may be related parties. ![]() Our data indicates that Private Companies hold 31%, of the company's shares. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. The general public- including retail investors - own 44% stake in the company, and hence can't easily be ignored. You can check here to see if those insiders have been buying recently. It is good to see this level of investment by insiders. In this case, they own around AU$307m worth of shares (at current prices). It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. We can see that insiders own shares in Eagers Automotive Limited. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. I generally consider insider ownership to be a good thing. Notably, sometimes top-level managers are on the board themselves. The company management answer to the board and the latter should represent the interests of shareholders. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The same can be achieved by studying analyst sentiments. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. are the second and third largest shareholders.Ī closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. With 4.9% and 3.9% of the shares outstanding respectively, Vernon Wheatley and The Vanguard Group, Inc. The company's largest shareholder is WFM Motors Pty Ltd, with ownership of 27%. Hedge funds don't have many shares in Eagers Automotive. ASX:APE Earnings and Revenue Growth November 9th 2022 Of course, keep in mind that there are other factors to consider, too. So it is worth checking the past earnings trajectory of Eagers Automotive, (below). 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. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. This can indicate that the company has a certain degree of credibility in the investment community. We can see that Eagers Automotive does have institutional investors and they hold a good portion of the company's stock. So they usually pay more attention to companies that are included in major indices. Many institutions measure their performance against an index that approximates the local market. See our latest analysis for Eagers Automotive ASX:APE Ownership Breakdown November 9th 2022 What Does The Institutional Ownership Tell Us About Eagers Automotive? Let's take a closer look to see what the different types of shareholders can tell us about Eagers Automotive. In other words, the group stands to gain the most (or lose the most) from their investment into the company.Īnd following last week's 5.5% decline in share price, individual investors suffered the most losses. ![]() And the group that holds the biggest piece of the pie are individual investors with 44% ownership. If you want to know who really controls Eagers Automotive Limited ( ASX:APE), then you'll have to look at the makeup of its share registry.
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