Vulcabras 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 VULC3?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	27,206,900	10%
General Public	32,351,987	11.9%
Institutions	41,443,799	15.2%
Individual Insiders	171,197,314	62.9%

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

Top Shareholders

Top 25 shareholders own 86.36% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
52.3%	Pedro Bartelle	142,464,841	R$2.4b	0%	no data
10%	Guepardo Investimentos Ltda.	27,206,900	R$453.8m	0%	17.87%
4.22%	Andre de Camargo Bartelle	11,488,935	R$191.6m	0%	no data
3.49%	Gabriella de Camargo Bartelle	9,490,753	R$158.3m	0%	no data
2.85%	Giovana Bartelle	7,752,785	R$129.3m	0%	no data
1.69%	BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários	4,596,454	R$76.7m	0%	0.32%
1.59%	The Vanguard Group, Inc.	4,319,635	R$72.1m	1.32%	no data
1.24%	REAL Investor Gestao de Recursos Ltda.	3,365,394	R$56.1m	0%	3.02%
0.98%	Mirae Asset Global Investments Co., Ltd.	2,672,460	R$44.6m	0%	0.01%
0.82%	Moneda Administradora de Fondos de Inversion SA	2,230,857	R$37.2m	0%	0.57%
0.78%	Absolute Gestao de Investimentos Ltda	2,118,501	R$35.3m	0%	1.01%
0.77%	SPX Equities Gestao De Recursos Ltda.	2,092,998	R$34.9m	0%	0.43%
0.68%	LarrainVial Asset Management Administradora General de Fondos SA	1,838,576	R$30.7m	0%	0.22%
0.64%	L4e Fundo de Investimento Multimercado Credito Privado Investimento	1,737,985	R$29.0m	0%	no data
0.58%	Dimensional Fund Advisors LP	1,584,761	R$26.4m	-0.46%	no data
0.54%	Patria Investimentos Ltda	1,460,000	R$24.4m	0%	0.37%
0.53%	Versa Gestora de Recursos Ltda.	1,440,800	R$24.0m	0%	21.89%
0.51%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	1,376,200	R$23.0m	0%	0.1%
0.46%	BlackRock, Inc.	1,260,008	R$21.0m	-1.35%	no data
0.4%	fama re.capital LTDA	1,099,500	R$18.3m	0%	3.84%
0.31%	Norte Asset Management Gestao De Recursos Ltda.	847,574	R$14.1m	0%	4.26%
0.29%	Alaska Investimentos LTDA.	800,000	R$13.3m	0%	0.23%
0.28%	Rio Performance Gestao de Recursos Ltda.	749,500	R$12.5m	0%	10.32%
0.22%	AZ Quest Investimentos Ltda	597,368	R$10.0m	0%	0.65%
0.18%	Athena Capital Gestao de Recursos Ltda.	490,304	R$8.2m	0%	3.61%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/22 00:32
End of Day Share Price	2025/02/21 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Vulcabras S.A. is covered by 8 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
Luiz Poli Guanais	BTG Pactual
Carlos Palhares Sequeira	BTG Pactual
Tobias Stingelin	Credit Suisse