#1 out of 197.73%
business3h ago
While institutions invested in Reece Limited (ASX:REH) benefited from last week's 16% gain, private companies stood to gain the most
- Private companies hold 58% of Reece Limited, giving them substantial influence over decisions.
- Top four shareholders control more than half of the company, shaping strategic direction.
- Insiders own a significant stake, totaling AU$1.0 billion in shares.
- Institutions also hold a noticeable portion, suggesting analysts’ interest in the stock.
- General public owns about 13% of Reece, indicating modest retail influence.
- The analysis ties ownership structure to potential benefits from stock movement last week.
- Largest shareholder is L.T. Wilson Pty Ltd with 25% ownership.
- The article advises examining historic earnings and revenue for context.
- The piece notes the risk of a crowded trade when multiple institutions own stock.
- The report suggests using analyst forecasts to gauge future growth potential.
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