👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Curro Holdings sees significant shareholder influence on stock price

EditorHari G
Published 10/26/2023, 03:40 AM
© Reuters.
COHJ
-

Investors in Curro Holdings Limited (JSE:COH) are witnessing a significant impact on the company's stock price due to the substantial influence of various shareholder groups. Institutions, which hold a 40% stake in the company, have the potential to sway trading decisions due to their considerable resources and liquidity. However, a synchronized shift in perception of the stock by multiple institutions could trigger a swift decline in share price.

Curro Holdings' earnings history and future prospects play a pivotal role in this dynamic. In addition to institutional investors, hedge funds, recognized for their active influence, own 5.6% of Curro Holdings shares.

The largest shareholder is Jf Mouton Familietrust, holding a 13% stake. The second largest shareholder holds about 11%, followed by the third largest shareholder with 9.8%. These top six shareholders represent roughly 52% of the register, indicating a balance between larger and smaller shareholders' interests.

Insider ownership in Curro Holdings Limited is also noteworthy, with insiders collectively owning ZAR 273 million worth of the ZAR 6.1 billion company. This suggests an alignment between shareholders and the board. The general public holds a substantial 26% stake in Curro Holdings, while private companies own 13% of the shares on issue. This may include related parties or insiders holding through a private company.

Potential investors are advised to take into account certain risks associated with Curro Holdings, as two warning signs have been identified for the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.