Shenandoah Telecommunications Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:SHEN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
14 Jun 24	BuyUS$78,950	Christopher French	Individual	5,000	US$15.79
10 Jun 24	BuyUS$17,000	James Volk	Individual	1,000	US$17.00
10 Jun 24	BuyUS$244,800	Christopher French	Individual	15,000	US$16.59
10 Jun 24	BuyUS$35,125	James Volk	Individual	2,187	US$16.12
13 May 24	BuyUS$8,551	Heather Tormey	Individual	500	US$17.11
07 May 24	BuyUS$10,028	Derek Rieger	Individual	685	US$14.64
07 May 24	BuyUS$29,467	Richard Mason	Individual	2,000	US$14.75
07 May 24	BuyUS$149,450	Edward McKay	Individual	10,000	US$15.14
07 May 24	BuyUS$3,967	Leigh Schultz	Individual	278	US$14.27
07 May 24	BuyUS$25,291	Tracy Fitzsimmons	Individual	1,694	US$14.93
07 May 24	BuyUS$234,490	Christopher French	Individual	16,000	US$14.84
07 May 24	BuyUS$4,860	James Volk	Individual	332	US$14.64

Insider Trading Volume

Insider Buying: SHEN insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SHEN?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,523	0.00279%
State or Government	13,691	0.0251%
Individual Insiders	2,256,183	4.14%
VC/PE Firms	4,100,375	7.52%
General Public	16,718,650	30.6%
Institutions	31,456,671	57.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.6%.

Top Shareholders

Top 25 shareholders own 62.3% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14%	BlackRock, Inc.	7,640,462	US$120.0m	-0.85%	no data
10.1%	The Vanguard Group, Inc.	5,488,067	US$86.2m	0.95%	no data
7.52%	GCM Grosvenor Inc.	4,100,375	US$64.4m	0%	9.49%
4.67%	Dimensional Fund Advisors LP	2,546,877	US$40.0m	5.23%	0.01%
4.5%	Energy Capital Partners, LLC	2,452,384	US$38.5m	0%	11.95%
3.5%	Christopher French	1,906,893	US$30.0m	1.92%	no data
3.48%	State Street Global Advisors, Inc.	1,897,715	US$29.8m	2.86%	no data
2.05%	Geode Capital Management, LLC	1,117,217	US$17.6m	2.28%	no data
1.78%	Broad Run Investment Management, LLC	971,231	US$15.3m	-0.63%	1.86%
1.71%	Davenport Asset Management	932,832	US$14.7m	8.29%	0.09%
1.38%	Charles Schwab Investment Management, Inc.	750,400	US$11.8m	-0.2%	no data
1.16%	Cerity Partners LLC	631,963	US$9.9m	0.28%	0.03%
0.91%	Northern Trust Global Investments	495,454	US$7.8m	-2.51%	no data
0.83%	BNY Asset Management	452,901	US$7.1m	-6.79%	no data
0.74%	American Century Investment Management Inc	406,021	US$6.4m	-1.59%	no data
0.7%	Renaissance Technologies LLC	382,471	US$6.0m	-8.84%	0.01%
0.58%	Norges Bank Investment Management	314,403	US$4.9m	0%	no data
0.48%	Principal Global Investors, LLC	260,878	US$4.1m	-0.39%	no data
0.43%	Morgan Stanley, Investment Banking and Brokerage Investments	237,014	US$3.7m	-5.56%	no data
0.42%	GAMCO Investors, Inc.	231,726	US$3.6m	-1.06%	0.02%
0.34%	JP Morgan Asset Management	187,614	US$2.9m	-5.22%	no data
0.28%	Rhumbline Advisers Ltd Partnership	151,547	US$2.4m	0.22%	no data
0.27%	Eaton Vance Management	146,085	US$2.3m	-15.5%	no data
0.26%	Legal & General Investment Management Limited	141,755	US$2.2m	-0.52%	no data
0.26%	Columbia Management Investment Advisers, LLC	139,659	US$2.2m	-5.67%	no data