Fras-le Ownership

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

Recent Insider Transactions

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 FRAS3?
Owner Type	Number of Shares	Ownership Percentage
General Public	11,612,936	4.35%
Private Companies	35,230,325	13.2%
Institutions	37,548,317	14.1%
VC/PE Firms	40,679,910	15.2%
Public Companies	141,944,855	53.2%

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

Top Shareholders

Top 25 shareholders own 95.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
53.2%	Randon S.A. Implementos e Participações	141,944,855	R$3.0b	0%	no data
15.2%	Tarpon Gestora de Recursos S.A.	40,679,910	R$849.4m	39.2%	25.54%
13.2%	Dramd Participações e Administração Ltda.	35,230,325	R$735.6m	0%	no data
10.1%	Caixa de Previdencia dos Funcionarios do Banco do Brasil	27,006,698	R$563.9m	0%	1.38%
1.32%	The Vanguard Group, Inc.	3,525,133	R$73.6m	0%	no data
0.72%	JMalucelli Investimentos	1,916,037	R$40.0m	0%	18.7%
0.43%	BlackRock, Inc.	1,138,304	R$23.8m	1.97%	no data
0.25%	Dimensional Fund Advisors LP	669,769	R$14.0m	4.85%	no data
0.23%	Zeitgeist Tech Investimentos LTDA	609,300	R$12.7m	0%	no data
0.2%	Itau Unibanco S.A., Asset Management Arm	540,148	R$11.3m	1.61%	0.03%
0.087%	Mogno Capital Participacoes S.A.	232,000	R$4.8m	0%	6.77%
0.078%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	208,550	R$4.4m	477%	0.02%
0.067%	Caixa Economica Federal, Asset Management Arm	179,600	R$3.7m	-10.7%	0.02%
0.067%	Fundacao de Assistencia e Previdencia Social do BNDES	178,800	R$3.7m	0%	0.28%
0.058%	American Century Investment Management Inc	154,832	R$3.2m	21.7%	no data
0.055%	RAM Active Investments S.A.	147,600	R$3.1m	0%	0.06%
0.054%	BNY Asset Management	144,230	R$3.0m	1.43%	no data
0.041%	State Street Global Advisors, Inc.	109,377	R$2.3m	-1.83%	no data
0.036%	Vinci Equities Gestora de Recursos Ltda.	96,000	R$2.0m	0%	0.04%
0.035%	NCH Brasil Gestora de Recursos Ltda.	93,400	R$2.0m	0%	6.37%
0.034%	Kinea Investimentos Ltda.	90,100	R$1.9m	0%	0.19%
0.027%	Steyn Capital Management (Pty) Ltd.	72,998	R$1.5m	0%	0.33%
0.02%	Constancia Investimentos Ltda	54,700	R$1.1m	0%	0.5%
0.019%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	50,200	R$1.0m	0%	no data
0.018%	Pandhora Investimentos Ltda.	48,800	R$1.0m	0%	1.3%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 15:22
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/30
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

Fras-le S.A. is covered by 11 analysts. 4 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
Mário Bernardes	BB Banco de Investimento S.A.
Lucas Marquiori	BTG Pactual
Alessandra Moratti	Fator Corretora