Genesis Energy Limited Insider Trading & Ownership Structure - Simply Wall St (2024)

I'm a financial analyst with a deep understanding of shareholder structures and insider transactions. Over the years, I have honed my expertise through rigorous analysis and staying updated on market trends. My comprehensive knowledge allows me to interpret complex financial data, providing valuable insights into the inner workings of companies.

Now, diving into the recent insider transactions for NZSE:GNE (Genesis Energy Limited), it's evident that there has been selling activity. On November 10, 23, Cameron Jardine, an individual, sold 8,504 shares at a maximum price of NZ$2.44, totaling NZ$20,622. Notably, all insider transactions in the past three months have been sell-offs.

Let's explore the ownership breakdown of GNE:

• Individual Insiders: Own 4,380,897 shares, constituting 0.408% ownership.
• Institutions: Hold 79,426,879 shares, representing 7.4% ownership.
• General Public: Possess 444,344,239 shares, making up 41.4% ownership.
• State or Government: Have the majority ownership with 545,759,588 shares, accounting for 50.8%.

The dilution of shares has not been significant in the past year.

Moving on to the top shareholders, the top 25 collectively own 58.55% of the company. Here are the major shareholders and their ownership details:

1. New Zealand: Holds the majority ownership with 50.82%, equivalent to 545,759,588 shares, valued at NZ$1.4 billion.
2. The Vanguard Group, Inc.: Owns 18,198,968 shares, constituting 1.69% ownership.
3. JPMorgan Chase & Co, Private Banking and Investment Banking Investments: Holds 13,707,685 shares, representing 1.28% ownership.
4. Smartshares Ltd.: Possesses 11,422,403 shares, making up 1.06% ownership.
5. Accident Compensation Corporation, Asset Management Arm: Owns 10,505,179 shares, accounting for 0.98% ownership.

Additionally, there's information about changes in ownership percentages, current values, and portfolio percentages for each major shareholder.

It's crucial to note that some shareholders have seen changes in their holdings, such as Franklin Resources, Inc., experiencing a decrease of 11.68%. Meanwhile, Cameron Jardine increased his holdings by 512.63%, and Tracey Hickman saw a 130.64% increase.

This comprehensive overview provides a detailed understanding of the major shareholders and recent insider transactions, offering valuable insights for investors and stakeholders interested in Genesis Energy Limited.