In this comprehensive analysis, we delve into the major shareholders of Thomson Reuters (TSX:TRI) and closely examine recent insider transactions. Understanding the ownership structure and insider trading activities is crucial for investors looking to make informed decisions about this renowned company. We'll also highlight the top shareholders who wield significant influence in TRI and discuss any notable changes in ownership.
Ownership Breakdown
To begin, let's break down the ownership structure of Thomson Reuters (TSX:TRI):
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Individual Insiders - This category consists of individuals who hold shares in the company. They collectively own approximately 0.05% of TRI's shares.
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General Public - The general public accounts for around 11.1% of ownership, signifying the involvement of a wide range of investors.
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Institutions - Institutional investors have a substantial stake in TRI, holding approximately 20.0% of the shares.
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Private Companies - Private companies own the majority of shares, with an impressive 68.8% ownership in Thomson Reuters.
Dilution of Shares
Over the past year, shareholders of TRI have not experienced any significant dilution in their holdings. This stability in share dilution is an encouraging sign for investors.
Top Shareholders
Now, let's turn our attention to the top shareholders who have a substantial influence on Thomson Reuters:
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The Woodbridge Company Limited - The Woodbridge Company Limited is the leading shareholder, owning an impressive 68.79% of TRI's shares, which translates to 313,249,045 shares with a current value of CA$52.0 billion.
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RBC Global Asset Management Inc. - RBC Global Asset Management Inc. holds 5,938,146 shares, valued at CA$985.8 million, accounting for 1.3% of the ownership.
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The Vanguard Group, Inc. - The Vanguard Group, Inc. possesses 5,735,145 shares, with a value of CA$952.1 million, constituting 1.26% of the ownership.
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RBC Dominion Securities Inc., Asset Management Arm - This institution holds 5,671,404 shares, valued at CA$941.5 million, making up 1.25% of the ownership.
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Mackenzie Financial Corporation - Mackenzie Financial Corporation owns 5,321,048 shares, with a value of CA$883.3 million, accounting for 1.17% of the ownership.
Notable Transactions
We cannot overlook the recent insider transactions at Thomson Reuters. These activities provide valuable insights into how company insiders are managing their shares. Here are some of the notable transactions:
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On 22nd September 2023, Kathryn Ouellette, an individual, sold 211 shares at a maximum price of CA$169.25.
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On 15th September 2023, Peter Thomson, another individual, purchased 105 shares at CA$130.10.
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On 14th September 2023, Kirsty Roth, an individual, sold 1,708 shares at CA$175.15.
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On 11th September 2023, Elizabeth Beastrom, an individual, sold 2,588 shares at CA$174.65.
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On 11th September 2023, Jennifer Ruddick, an individual, sold 64 shares at CA$174.47.
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On 24th August 2023, David Wong, an individual, sold 600 shares at CA$171.26.
These transactions reflect the dynamic nature of insider trading at TRI, with some insiders buying and others selling shares in recent months.
Insider Trading Volume
In the past three months, insider trading at Thomson Reuters leans towards more selling than buying. This indicates that insiders have been offloading more shares than they have been acquiring. It's essential for investors to consider this trend when making investment decisions.
Conclusion
Understanding the ownership structure, top shareholders, and recent insider transactions is integral to gaining insight into the dynamics of Thomson Reuters (TSX:TRI). Whether you're a current investor or looking to enter the market, keeping a watchful eye on these factors can help inform your investment strategy and decision-making.
