Key Insights

• Significant control over Titomic by individual investors implies that the general public has more power to influence management and governance-related decisions

• The top 19 shareholders own 33% of the company

• 10% of Titomic is held by Institutions

To get a sense of who is truly in control of Titomic Limited (ASX:TTT), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 59% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

Clearly, individual investors benefitted the most after the company's market cap rose by AU$41m last week.

In the chart below, we zoom in on the different ownership groups of Titomic.

Check out our latest analysis for Titomic

What Does The Institutional Ownership Tell Us About Titomic?

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 Titomic. 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. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Titomic's earnings history below. Of course, the future is what really matters.

Hedge funds don't have many shares in Titomic. Macquarie Group, Ltd., Banking & Securities Investments is currently the largest shareholder, with 6.8% of shares outstanding. In comparison, the second and third largest shareholders hold about 5.6% and 4.6% of the stock. Additionally, the company's CEO Herbert Koeck directly holds 2.5% of the total shares outstanding.

On studying our ownership data, we found that 19 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.

Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held.

Insider Ownership Of Titomic

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.