Latest news with #PinnacleInvestmentManagementGroupLimited
Business Insider
07-07-2025
- Business
- Business Insider
Wilsons Reaffirms Their Buy Rating on Pinnacle Investment Management Group Limited (PNI)
In a report released on July 4, Cameron Halkett from Wilsons maintained a Buy rating on Pinnacle Investment Management Group Limited, with a price target of A$25.75. The company's shares opened today at A$21.07. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Halkett covers the Financial sector, focusing on stocks such as Pinnacle Investment Management Group Limited, OFX Group Ltd., and HUB24 Limited. According to TipRanks, Halkett has an average return of 4.5% and a 53.61% success rate on recommended stocks. In addition to Wilsons, Pinnacle Investment Management Group Limited also received a Buy from Ord Minnett's Nicolas Burgess in a report issued today. However, on July 1, UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (ASX: PNI). The company has a one-year high of A$27.11 and a one-year low of A$13.59. Currently, Pinnacle Investment Management Group Limited has an average volume of 1.02M. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PNI in relation to earlier this year.
Business Insider
07-07-2025
- Business
- Business Insider
Ord Minnett Remains a Buy on Pinnacle Investment Management Group Limited (PNI)
Ord Minnett analyst Nicolas Burgess maintained a Buy rating on Pinnacle Investment Management Group Limited today and set a price target of A$26.10. The company's shares closed last Friday at A$20.66. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Burgess is a 4-star analyst with an average return of 8.2% and a 59.86% success rate. Burgess covers the Financial sector, focusing on stocks such as Insignia Financial Ltd, HUB24 Limited, and Pinnacle Investment Management Group Limited. In addition to Ord Minnett, Pinnacle Investment Management Group Limited also received a Buy from RBC Capital's Jack Lynch in a report issued on June 22. However, on July 1, UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (ASX: PNI). PNI market cap is currently A$4.56B and has a P/E ratio of 31.19. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PNI in relation to earlier this year.
Business Insider
07-05-2025
- Business
- Business Insider
Pinnacle Investment Management Group Limited (PNI) Receives a Hold from UBS
In a report released today, Shreyas Patel CFA from UBS maintained a Hold rating on Pinnacle Investment Management Group Limited (PNI – Research Report), with a price target of A$19.50. The company's shares opened today at A$19.10. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Patel CFA is a 4-star analyst with an average return of 13.4% and a 69.88% success rate. Pinnacle Investment Management Group Limited has an analyst consensus of Strong Buy, with a price target consensus of A$22.69. PNI market cap is currently A$3.97B and has a P/E ratio of 27.15.
Yahoo
09-03-2025
- Business
- Yahoo
Technology One Limited (ASX:TNE) is largely controlled by institutional shareholders who own 55% of the company
Significantly high institutional ownership implies Technology One's stock price is sensitive to their trading actions 50% of the business is held by the top 13 shareholders Recent sales by insiders A look at the shareholders of Technology One Limited (ASX:TNE) can tell us which group is most powerful. With 55% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about Technology One. See our latest analysis for Technology One 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. As you can see, institutional investors have a fair amount of stake in Technology One. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Technology One, (below). Of course, keep in mind that there are other factors to consider, too. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Technology One is not owned by hedge funds. The company's largest shareholder is Pinnacle Investment Management Group Limited, with ownership of 7.3%. With 6.7% and 6.1% of the shares outstanding respectively, John MacTaggart and State Street Global Advisors, Inc. are the second and third largest shareholders. After doing some more digging, we found that the top 13 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. 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. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. 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. It seems insiders own a significant proportion of Technology One Limited. It has a market capitalization of just AU$9.4b, and insiders have AU$986m worth of shares in their own names. That's quite significant. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 35% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 1 warning sign we've spotted with Technology One . Ultimately the future is most important. You can access this free report on analyst forecasts for the company. 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
