In This Article:
Key Insights
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Empire Energy Group's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public
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The top 12 shareholders own 50% of the company
If you want to know who really controls Empire Energy Group Limited (ASX:EEG), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 45% to be precise, is retail investors. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
While the holdings of retail investors took a hit after last week’s 11% price drop, insiders with their 28% also suffered.
In the chart below, we zoom in on the different ownership groups of Empire Energy Group.
View our latest analysis for Empire Energy Group
What Does The Institutional Ownership Tell Us About Empire Energy Group?
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.
As you can see, institutional investors have a fair amount of stake in Empire Energy Group. 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. 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 Empire Energy Group, (below). Of course, keep in mind that there are other factors to consider, too.
We note that hedge funds don't have a meaningful investment in Empire Energy Group. Our data shows that Paul Fudge is the largest shareholder with 14% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.1% and 7.5% of the stock.
Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 12 shareholders, meaning that no single shareholder has a majority interest in the ownership.
While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. 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 Empire Energy Group
The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.