Macquarie bank still holding AEE. share price currently...

Macquarie bank still holding AEE. share price currently dropping



from Yahoo

We note that hedge funds don't have a meaningful investment in Aura Energy. Macquarie Group, Ltd., Banking & Securities Investments is currently the company's largest shareholder with 12% of shares outstanding. Asean Investment Management is the second largest shareholder owning 10% of common stock, and Computershare Clearing Pty Ltd, Asset Management Arm holds about 6.4% of the company stock. In addition, we found that David Woodall, the CEO has 2.6% of the shares allocated to their name.

We did some more digging and found that 9 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

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. There is a little analyst coverage of the stock, but not much. So there is room for it to gain more coverage.

Insider Ownership Of Aura Energy

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our most recent data indicates that insiders own a reasonable proportion of Aura Energy Limited. Insiders have a AU$38m stake in this AU$157m business. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.