In This Article:
Key Insights
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The considerable ownership by retail investors in Tornado Infrastructure Equipment indicates that they collectively have a greater say in management and business strategy
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45% of the business is held by the top 9 shareholders
If you want to know who really controls Tornado Infrastructure Equipment Ltd. (CVE:TGH), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are retail investors with 55% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
And individual insiders on the other hand have a 45% ownership in the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time.
Let's take a closer look to see what the different types of shareholders can tell us about Tornado Infrastructure Equipment.
Check out our latest analysis for Tornado Infrastructure Equipment
What Does The Lack Of Institutional Ownership Tell Us About Tornado Infrastructure Equipment?
Institutional investors often avoid companies that are too small, too illiquid or too risky for their tastes. But it's unusual to see larger companies without any institutional investors.
There are multiple explanations for why institutions don't own a stock. The most common is that the company is too small relative to funds under management, so the institution does not bother to look closely at the company. Alternatively, there might be something about the company that has kept institutional investors away. Institutional investors may not find the historic growth of the business impressive, or there might be other factors at play. You can see the past revenue performance of Tornado Infrastructure Equipment, for yourself, below.
Hedge funds don't have many shares in Tornado Infrastructure Equipment. Our data shows that Jie Chui is the largest shareholder with 23% of shares outstanding. With 15% and 4.2% of the shares outstanding respectively, Hong Li and Kenneth Nelson are the second and third largest shareholders. Kenneth Nelson, who is the third-largest shareholder, also happens to hold the title of Chairman of the Board.
A deeper look at our ownership data shows that the top 9 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.
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.