Latest news with #DonaldBraid
Yahoo
7 days ago
- Business
- Yahoo
Group MD & Director of Mainfreight Donald Braid Buys More Stock
Investors who take an interest in Mainfreight Limited (NZSE:MFT) should definitely note that the Group MD & Director, Donald Braid, recently paid NZ$58.15 per share to buy NZ$581k worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Mainfreight Insider Transactions Over The Last Year In fact, the recent purchase by Donald Braid was the biggest purchase of Mainfreight shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of NZ$59.50 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Mainfreight share holders is that insiders were buying at near the current price. Mainfreight insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for Mainfreight Mainfreight is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Does Mainfreight Boast High Insider Ownership? I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Mainfreight insiders own 20% of the company, currently worth about NZ$1.2b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders. So What Do The Mainfreight Insider Transactions Indicate? The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Mainfreight. Looks promising! Of course, the future is what matters most. So if you are interested in Mainfreight, you should check out this free report on analyst forecasts for the company. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
10-04-2025
- Business
- Yahoo
Painful week for individual investors invested in Mainfreight Limited (NZSE:MFT) after 9.8% drop, institutions also suffered losses
The considerable ownership by individual investors in Mainfreight indicates that they collectively have a greater say in management and business strategy The top 25 shareholders own 49% of the company Institutional ownership in Mainfreight is 33% We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of Mainfreight Limited (NZSE:MFT), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 49% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. While institutions, who own 33% shares weren't spared from last week's NZ$619m market cap drop, individual investors as a group suffered the maximum losses Let's take a closer look to see what the different types of shareholders can tell us about Mainfreight. See our latest analysis for Mainfreight Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Mainfreight does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Mainfreight's earnings history below. Of course, the future is what really matters. Mainfreight is not owned by hedge funds. The company's largest shareholder is Rorohara No 2 Trust, with ownership of 15%. Fisher Funds Management Limited is the second largest shareholder owning 4.8% of common stock, and JPMorgan Chase & Co, Private Banking and Investment Banking Investments holds about 4.1% of the company stock. In addition, we found that Donald Braid, the CEO has 2.9% of the shares allocated to their name. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Mainfreight Limited. The insiders have a meaningful stake worth NZ$206m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. The general public-- including retail investors -- own 49% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It seems that Private Companies own 15%, of the Mainfreight stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Mainfreight has 1 warning sign we think you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Painful week for individual investors invested in Mainfreight Limited (NZSE:MFT) after 9.8% drop, institutions also suffered losses
The considerable ownership by individual investors in Mainfreight indicates that they collectively have a greater say in management and business strategy The top 25 shareholders own 49% of the company Institutional ownership in Mainfreight is 33% We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of Mainfreight Limited (NZSE:MFT), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 49% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. While institutions, who own 33% shares weren't spared from last week's NZ$619m market cap drop, individual investors as a group suffered the maximum losses Let's take a closer look to see what the different types of shareholders can tell us about Mainfreight. See our latest analysis for Mainfreight Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Mainfreight does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Mainfreight's earnings history below. Of course, the future is what really matters. Mainfreight is not owned by hedge funds. The company's largest shareholder is Rorohara No 2 Trust, with ownership of 15%. Fisher Funds Management Limited is the second largest shareholder owning 4.8% of common stock, and JPMorgan Chase & Co, Private Banking and Investment Banking Investments holds about 4.1% of the company stock. In addition, we found that Donald Braid, the CEO has 2.9% of the shares allocated to their name. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Mainfreight Limited. The insiders have a meaningful stake worth NZ$206m. Most would see this as a real positive. It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. The general public-- including retail investors -- own 49% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It seems that Private Companies own 15%, of the Mainfreight stock. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Mainfreight has 1 warning sign we think you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
