DroneShield Ownership

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

Recent Insider Transactions

ASX:DRO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
23 Jan 25	BuyAU$4,146	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	6,285	AU$0.66
20 Jan 25	SellAU$219	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	329	AU$0.69
16 Jan 25	SellAU$6,334,947	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	5,233,959	AU$1.44
08 Jan 25	BuyAU$80,037	State Street Global Advisors, Inc.	Company	28,650,970	AU$1.41
08 Jan 25	BuyAU$5,487,702	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	5,296,207	AU$1.45
20 Dec 24	BuyAU$61,873,172	The Vanguard Group, Inc.	Company	42,090,597	AU$1.47
28 Nov 24	SellAU$197,201	The Vanguard Group, Inc.	Company	165,276	AU$1.19
26 Nov 24	SellAU$0	State Street Global Advisors, Inc.	Company	12,049,182	AU$1.28
05 Mar 24	SellAU$889,151	Jethro Marks	Individual	1,292,901	AU$0.69
05 Mar 24	SellAU$3,859,399	Peter James	Individual	5,612,008	AU$0.69
05 Mar 24	SellAU$7,190,722	Oleg Vornik	Individual	10,456,038	AU$0.69

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DRO?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	32,534,056	3.73%
Individual Insiders	52,782,265	6.05%
Institutions	146,741,912	16.8%
General Public	640,056,926	73.4%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 42.5%.

Top Shareholders

Top 25 shareholders own 26.32% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.47%	The Vanguard Group, Inc.	47,669,725	AU$31.9m	11.3%	no data
5.06%	State Street Global Advisors, Inc.	44,086,785	AU$29.5m	5,690%	no data
3.1%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	27,003,687	AU$18.1m	0%	no data
2.12%	Epirus, Inc.	18,500,000	AU$12.4m	0%	no data
2.08%	Charles Goode	18,100,000	AU$12.1m	0%	no data
1.11%	BlackRock, Inc.	9,718,534	AU$6.5m	-0.24%	no data
1.05%	Carla Balanco	9,200,000	AU$6.2m	0%	no data
0.73%	Paul Shaw	6,353,775	AU$4.3m	0%	no data
0.73%	Beatrice Shaw	6,353,775	AU$4.3m	0%	no data
0.61%	S R Bennett Pty Ltd	5,338,930	AU$3.6m	0%	no data
0.5%	Finclear Pty Ltd, Asset Mangement Arm	4,398,185	AU$2.9m	0%	16.04%
0.5%	P & B Shaw Ft Cb Pty Ltd	4,374,775	AU$2.9m	0%	no data
0.5%	Blackwood Consulting Pty Ltd	4,320,351	AU$2.9m	0%	no data
0.45%	JPMorgan Chase & Co, Brokerage and Securities Investments	3,908,106	AU$2.6m	0%	no data
0.37%	Fei Lin	3,227,081	AU$2.2m	0%	no data
0.36%	Shenchen Gu	3,162,289	AU$2.1m	0%	no data
0.33%	Mino Bucci	2,875,000	AU$1.9m	0%	no data
0.3%	Lawrence Marychurch	2,575,000	AU$1.7m	0%	no data
0.22%	Mirae Asset Global Investments Co., Ltd.	1,884,679	AU$1.3m	79.7%	no data
0.19%	Charles Schwab Investment Management, Inc.	1,623,921	AU$1.1m	16.7%	no data
0.17%	Needham Investment Management, LLC	1,500,000	AU$1.0m	0%	0.05%
0.12%	Vident Asset Management	1,003,089	AU$672.1k	0%	0.01%
0.11%	Peter James	935,345	AU$626.7k	0%	no data
0.092%	UBS Asset Management AG	799,148	AU$535.4k	129%	no data
0.068%	Geode Capital Management, LLC	590,357	AU$395.5k	6.45%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/01 05:13
End of Day Share Price	2025/01/31 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DroneShield Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Laing	Bell Potter
Abraham Akra	Shaw and Partners Limited