Netwealth Group Limited

ASX:NWL Stock Report

Market Cap: AU$7.1b

Netwealth Group Ownership

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

Recent Insider Transactions

ASX:NWL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Nov 24SellAU$32,044,709Michael HeineIndividual1,104,990AU$29.00
16 Oct 24SellAU$499,990Davyd LewisIndividual17,750AU$28.17
14 Oct 24SellAU$15,414,414Matthew Alexander HeineIndividual558,461AU$27.64
11 Oct 24SellAU$29,700,000Michael HeineIndividual1,100,000AU$27.00
03 Sep 24BuyAU$49,968Sarah BrennanIndividual2,210AU$22.61
22 Aug 24BuyAU$21,547Sally FreemanIndividual936AU$23.02
19 Aug 24SellAU$22,499,999Michael HeineIndividual1,000,000AU$22.50
15 Aug 24SellAU$499,967Davyd LewisIndividual22,948AU$21.79
14 Aug 24BuyAU$41,400Kate TembyIndividual2,000AU$20.70
04 Apr 24SellAU$913,982Timothy AntonieIndividual45,000AU$20.31
04 Apr 24SellAU$516,955Davyd LewisIndividual25,453AU$20.31
04 Apr 24SellAU$29,774,999Michael HeineIndividual1,500,000AU$19.85

Insider Trading Volume

Insider Buying: NWL insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NWL?
Owner TypeNumber of SharesOwnership Percentage
Public Companies96,9830.0397%
Private Companies714,5730.292%
Institutions41,541,64817%
General Public84,771,17934.7%
Individual Insiders117,194,45848%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 64.31% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
46.6%
Michael Heine
113,773,743AU$3.3b-1.63%no data
5.17%
Netwealth Investments Ltd.
12,633,941AU$366.3m-11.8%2.51%
2.21%
The Vanguard Group, Inc.
5,389,407AU$156.2m1.11%no data
1.65%
Dimensional Fund Advisors LP
4,033,033AU$116.9m-0.88%0.01%
1.43%
Australian Foundation Investment Company Limited
3,489,034AU$101.1m0%1.09%
1.31%
Matthew Alexander Heine
3,200,076AU$92.8m-14.9%no data
0.98%
BNP Paribas Arbitrage Sa, Asset Management Arm
2,386,799AU$69.2m32.2%0.04%
0.9%
BlackRock, Inc.
2,204,573AU$63.9m3.09%no data
0.56%
Nt-Comnwlth Super Corp
1,364,924AU$39.6m0%0.34%
0.38%
Norges Bank Investment Management
935,163AU$27.1m0%no data
0.35%
Harper Bernays Limited
843,855AU$24.5m0%95.93%
0.31%
BetaShares Capital Limited
759,031AU$22.0m12.2%0.07%
0.26%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
642,484AU$18.6m58.6%no data
0.24%
Colonial First State Investments Limited
593,705AU$17.2m0%0.11%
0.23%
Wasatch Advisors LP
550,222AU$16.0m-12.4%0.03%
0.23%
Mirrabooka Investments Limited
550,162AU$15.9m-27.5%2.36%
0.21%
State Street Global Advisors, Inc.
523,676AU$15.2m5.08%no data
0.2%
Milford Asset Management, LTD
499,717AU$14.5m180%0.17%
0.19%
Grandeur Peak Global Advisors, LLC
453,147AU$13.1m-10.7%0.19%
0.18%
AMCIL Limited
437,200AU$12.7m-16.6%18.65%
0.17%
Asset Plus Pty Ltd
424,573AU$12.3m-9.22%no data
0.16%
Goldman Sachs Asset Management, L.P.
397,894AU$11.5m0%no data
0.16%
Djerriwarrh Investments Limited
384,000AU$11.1m0%1.04%
0.14%
Schroder Investment Management North America Inc.
337,786AU$9.8m0%0.02%
0.13%
BNY Asset Management
325,360AU$9.4m11.9%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 23:14
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Netwealth Group Limited is covered by 27 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited