![]() ![]() You can check here to see if those insiders have been buying recently. It is good to see this level of investment by insiders. In this case, they own around CA$130m worth of shares (at current prices). It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. We can report that insiders do own shares in Triple Flag Precious Metals Corp. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. I generally consider insider ownership to be a good thing. Notably, sometimes top-level managers are on the board themselves. The company management answer to the board and the latter should represent the interests of shareholders. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Insider Ownership Of Triple Flag Precious Metals There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. 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. Shaun Usmar, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. For context, the second largest shareholder holds about 1.5% of the shares outstanding, followed by an ownership of 1.1% by the third-largest shareholder. This implies that they have majority interest control of the future of the company. Elliott Management Corporation is currently the company's largest shareholder with 65% of shares outstanding. Many look for medium term catalysts that will drive the share price higher. That's interesting, because hedge funds can be quite active and activist. It looks like hedge funds own 65% of Triple Flag Precious Metals shares. TSX:TFPM Earnings and Revenue Growth February 20th 2023 Of course, keep in mind that there are other factors to consider, too. So it is worth checking the past earnings trajectory of Triple Flag Precious Metals, (below). 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. But just like anyone else, they could be wrong. This implies the analysts working for those institutions have looked at the stock and they like it. ![]() We can see that Triple Flag Precious Metals does have institutional investors and they hold a good portion of the company's stock. We would expect most companies to have some institutions on the register, especially if they are growing. Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. See our latest analysis for Triple Flag Precious Metals TSX:TFPM Ownership Breakdown February 20th 2023 What Does The Institutional Ownership Tell Us About Triple Flag Precious Metals? Let's take a closer look to see what the different types of shareholders can tell us about Triple Flag Precious Metals. One-year return to shareholders is currently 14% and last week’s gain was the icing on the cake. Put another way, the group faces the maximum upside potential (or downside risk).Īnd last week, hedge funds investors ended up benefitting the most after the company hit CA$3.8b in market cap. With 65% stake, hedge funds possess the maximum shares in the company. ( TSE:TFPM), then you'll have to look at the makeup of its share registry. If you want to know who really controls Triple Flag Precious Metals Corp. Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock. ![]()
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