What does the ownership structure of PUMA SE (ETR: PUM) look like?

If you want to know who really controls PUMA SE (ETR: PUM), then you will have to look at the composition of their share register. Institutions often own shares in more established companies, while it is not uncommon to see insiders owning a good number of smaller companies. We also tend to see a decrease in insider ownership in companies that were previously owned by the state.

With a market capitalization of 16 billion euros, PUMA is rather large. We would expect to see institutional investors on the register. Companies of this size are also generally well known to retail investors. Our analysis of company ownership, below, shows that institutions are visible on the share register. We can zoom in on the different ownership groups, to find out more about PUMA.

See our latest review for PUMA

XTRA ownership breakdown: PUM August 22, 2021

What does institutional ownership tell us about PUMA?

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. . We would expect most businesses to have some institutions listed, especially if they are growing.

PUMA already has institutions registered in the share register. Indeed, they hold a respectable stake in the company. This may indicate that the company has a certain degree of credibility in the investment community. However, it is better to be careful not to rely on the so-called validation that accompanies institutional investors. They too are sometimes wrong. If several institutions change their mind about a stock at the same time, you could see the stock price drop quickly. So it’s worth checking out PUMA’s earnings history below. Of course, the future is what really matters.

profit and revenue growth
XTRA: PUM Earnings and Revenue Growth Aug 22, 2021

We note that hedge funds do not have a significant investment in PUMA. Financière Pinault SCA is currently the largest shareholder with 29% of the shares in circulation. In comparison, the second and third shareholders hold around 9.9% and 8.2% of the capital.

Our research also highlighted the fact that approximately 51% of the business is controlled by the top 5 shareholders, suggesting that these owners wield significant influence over the business.

While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. There are a lot of analysts covering the stock, so you can look at expected growth quite easily.

PUMA Insider Ownership

The definition of an insider may differ slightly from country to country, but board members still count. The management of the company is accountable to the board of directors and the board must represent the interests of the shareholders. Notably, sometimes senior executives themselves sit on the board of directors.

I generally consider insider ownership to be a good thing. However, there are times when it is more difficult for other shareholders to hold the board accountable for decisions.

Our data cannot confirm that board members personally own shares. Since we do not track insider ownership, we may have missing data. It would therefore be interesting to assess here the remuneration and seniority of the CEO.

General public property

The general public holds 30% of the capital of PUMA. While this property size may not be enough to influence a policy decision in their favor, they can still have a collective impact on company policies.

Owned by a private company

It appears that private companies own 29% of PUMA shares. It is difficult to draw conclusions from this fact alone, so it is worth considering who owns these private companies. Sometimes insiders or other related parties have an interest in shares of a public company through a separate private company.

Public enterprise ownership

State-owned companies currently own 9.9% of PUMA’s shares. We cannot be sure, but it is quite possible that it is a strategic issue. Companies can be similar or work together.

Next steps:

I find it very interesting to see who exactly owns a company. But to really get an overview, we have to take other information into account as well.

I like to dive deeper on the performance of a company in the past. You can find the history of income and earnings in this detailed graphic.

If you’d rather find out what analysts are predicting in terms of future growth, don’t miss this free analyst forecast report.

NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.
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