Draganfly 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 DPRO?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	112,379	0.483%
VC/PE Firms	2,075,918	8.92%
Institutions	2,384,453	10.3%
General Public	18,688,262	80.3%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 328.6%.

Top Shareholders

Top 25 shareholders own 19.14% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.92%	Heights Capital Management, Inc.	2,075,918	CA$21.3m	66.3%	-11.69%
1.61%	Jane Street Global Trading, LLC	375,392	CA$3.8m	5,280%	0.01%
1.36%	The Kieckhefer Group LLC	315,657	CA$3.2m	57.3%	1.07%
1.23%	Armistice Capital LLC	285,072	CA$2.9m	0%	0.05%
1.16%	DNB Asset Management AS	269,591	CA$2.8m	152%	0.01%
0.73%	Morgan Stanley	169,965	CA$1.7m	142%	no data
0.72%	Renaissance Technologies LLC	168,051	CA$1.7m	0%	no data
0.72%	Hudson River Trading LLC	167,205	CA$1.7m	520%	0.01%
0.47%	Virtu Financial, Inc.	109,780	CA$1.1m	0%	0.05%
0.3%	MYDA Advisors LLC	70,000	CA$716.8k	0%	0.16%
0.29%	Marex Group plc	68,161	CA$698.0k	0%	0.01%
0.27%	Scientech Research LLC	63,188	CA$647.1k	0%	0.17%
0.18%	Jane Street Group, LLC	43,030	CA$440.6k	942%	no data
0.18%	Wolverine Trading, LLC	42,215	CA$432.3k	0%	0.01%
0.16%	Centiva Capital, LP	37,949	CA$388.6k	0%	0.03%
0.15%	LPL Financial LLC	33,837	CA$346.5k	0%	no data
0.11%	Connective Capital Management, LLC	24,649	CA$252.4k	0%	0.16%
0.1%	Cameron Chell	23,993	CA$245.7k	62.9%	no data
0.09%	Paul Sun	20,853	CA$213.5k	43.1%	no data
0.075%	Deborah Greenberg	17,478	CA$179.0k	73.8%	no data
0.074%	Cambridge Investment Research Advisors, Inc.	17,300	CA$177.1k	0%	no data
0.065%	Citadel Advisors LLC	15,127	CA$154.9k	0%	no data
0.059%	Verus Capital Partners, LLC	13,650	CA$139.8k	0%	0.01%
0.055%	Paul Mullen	12,764	CA$130.7k	74.5%	no data
0.047%	SG Americas Securities, LLC	10,963	CA$112.3k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/21 23:43
End of Day Share Price	2025/11/21 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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

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 Github.

Analyst Sources

Draganfly Inc. is covered by 5 analysts. 5 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
Rommel Dionisio	Aegis Capital Corporation
Scott Buck	H.C. Wainwright & Co.
Glenn Mattson	Ladenburg Thalmann & Company