Private companies own 29% of Centaurus Metals Limited (ASX:CTM) shares but retail investors control 50% of the company

In This Article:

Key Insights

  • The considerable ownership by retail investors in Centaurus Metals indicates that they collectively have a greater say in management and business strategy

  • A total of 23 investors have a majority stake in the company with 50% ownership

  • Institutional ownership in Centaurus Metals is 12%

A look at the shareholders of Centaurus Metals Limited (ASX:CTM) can tell us which group is most powerful. With 50% stake, retail investors possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Meanwhile, private companies make up 29% of the company’s shareholders.

Let's delve deeper into each type of owner of Centaurus Metals, beginning with the chart below.

Check out our latest analysis for Centaurus Metals

ownership-breakdown
ownership-breakdown

What Does The Institutional Ownership Tell Us About Centaurus Metals?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Centaurus Metals does have institutional investors; and they hold a good portion of the company's stock. 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. 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 Centaurus Metals' earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
earnings-and-revenue-growth

Centaurus Metals is not owned by hedge funds. Our data shows that Mccusker Holdings Pty. Ltd. is the largest shareholder with 12% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 7.2% and 5.0%, of the shares outstanding, respectively. Furthermore, CEO Darren Gordon is the owner of 1.5% of the company's shares.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 23 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Centaurus Metals

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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.