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If you want to know who really controls Terna Energy Societe Anonyme Commercial Technical Company (ATH:TENERGY), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'
Terna Energy Societe Anonyme Commercial Technical has a market capitalization of €780m, so we would expect some institutional investors to have noticed the stock. Taking a look at our data on the ownership groups (below), it's seems that institutions own shares in the company. Let's take a closer look to see what the different types of shareholder can tell us about TENERGY.
View our latest analysis for Terna Energy Societe Anonyme Commercial Technical
What Does The Institutional Ownership Tell Us About Terna Energy Societe Anonyme Commercial Technical?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
We can see that Terna Energy Societe Anonyme Commercial Technical does have institutional investors; and they hold 9.8% of the stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. 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 Societe Anonyme Commercial Technical, (below). Of course, keep in mind that there are other factors to consider, too.
Our data indicates that hedge funds own 8.3% of Terna Energy Societe Anonyme Commercial Technical. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of Terna Energy Societe Anonyme Commercial Technical
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.