Azzas 2154 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 AZZA3?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	44,219,981	21.4%
Institutions	66,124,269	32%
General Public	96,122,908	46.6%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 86.2%.

Top Shareholders

Top 25 shareholders own 49.01% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.6%	Alexandre Birman	23,895,511	R$738.6m	0%	no data
5.4%	Westwood Global Investments LLC	11,147,920	R$344.6m	96.6%	1.37%
5.07%	Canada Pension Plan Investment Board	10,464,387	R$323.5m	86.4%	0.04%
4.91%	BlackRock, Inc.	10,130,739	R$313.1m	77.4%	no data
2.24%	The Vanguard Group, Inc.	4,617,104	R$142.7m	0.44%	no data
2.03%	Allan de Lima Birman	4,187,937	R$129.4m	0%	no data
2.03%	Augusto de Lima Birman	4,187,937	R$129.4m	0%	no data
2.03%	Patricia Café Birman Ferraz	4,187,937	R$129.4m	0%	no data
2.03%	Andre de Lima Birman	4,187,937	R$129.4m	0%	no data
2.02%	Capital Research and Management Company	4,163,709	R$128.7m	-0.13%	no data
1.73%	Anderson Birman	3,572,722	R$110.4m	0%	no data
1.69%	Invesco Ltd.	3,480,272	R$107.6m	-1.32%	no data
1.1%	Legacy Capital Gestora de Recursos Ltda.	2,277,109	R$70.4m	0%	9.04%
0.65%	SPX Equities Gestao De Recursos Ltda.	1,351,182	R$41.8m	0%	0.51%
0.57%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	1,169,550	R$36.2m	6.47%	0.16%
0.52%	Dimensional Fund Advisors LP	1,066,896	R$33.0m	0.25%	no data
0.48%	Franklin Resources, Inc.	995,011	R$30.8m	0%	no data
0.46%	Norges Bank Investment Management	940,130	R$29.1m	0%	no data
0.43%	Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários	894,022	R$27.6m	41.4%	0.22%
0.4%	Navi Capital Administradora e Gestora de Recursos Financeiros Ltda.	835,601	R$25.8m	0%	1.27%
0.38%	Truxt Investimentos Ltda	790,729	R$24.4m	0%	0.49%
0.36%	Schroder Investment Management Limited	748,061	R$23.1m	0%	no data
0.36%	Strategic Advisers LLC	738,142	R$22.8m	19.2%	no data
0.29%	Itau Unibanco S.A., Asset Management Arm	589,400	R$18.2m	-4.87%	0.05%
0.27%	LarrainVial Asset Management Administradora General de Fondos SA	563,418	R$17.4m	0%	0.13%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 10:19
End of Day Share Price	2024/12/18 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

Azzas 2154 S.A. is covered by 23 analysts. 10 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
David Belaunde	Barclays
Robert Ford Aguilar	BofA Global Research
Richard Cathcart	Bradesco S.A. Corretora de Títulos e Valores Mobiliários