CEZ a. s 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 CEZ?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	10	0.00000186%
Private Companies	15,386,507	2.87%
Institutions	28,092,339	5.23%
General Public	117,922,137	22%
State or Government	375,409,254	69.9%

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

Top Shareholders

Top 25 shareholders own 77.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
69.9%	Czechia	375,409,254	Kč488.4b	0%	no data
2.87%	Belviport Trading Ltd.	15,386,507	Kč20.0b	0%	no data
1.37%	PPF banka a.s.	7,370,460	Kč9.6b	0%	99.74%
1.12%	The Vanguard Group, Inc.	6,038,122	Kč7.9b	0.38%	no data
0.85%	BlackRock, Inc.	4,567,024	Kč5.9b	-0.45%	no data
0.38%	Van Eck Associates Corporation	2,062,559	Kč2.7b	19.6%	0.09%
0.16%	Geode Capital Management, LLC	860,064	Kč1.1b	0.21%	no data
0.15%	Dimensional Fund Advisors LP	813,522	Kč1.1b	0.03%	0.01%
0.099%	Goldman Sachs Asset Management, L.P.	529,611	Kč689.0m	0.03%	0.01%
0.096%	State Street Global Advisors, Inc.	516,234	Kč671.6m	2.47%	no data
0.084%	Charles Schwab Investment Management, Inc.	450,232	Kč585.7m	0.63%	no data
0.064%	BNY Asset Management	342,166	Kč445.2m	-0.02%	no data
0.062%	UBS Asset Management AG	334,184	Kč434.7m	0%	no data
0.062%	OTP Alapkezelo Zrt.	330,255	Kč429.6m	0%	0.78%
0.059%	Amundi Asset Management SAS	316,257	Kč411.4m	0%	no data
0.053%	Exchange Traded Concepts, LLC	286,282	Kč372.5m	56%	0.15%
0.05%	American Century Investment Management Inc	270,358	Kč351.7m	15.5%	0.01%
0.046%	Sjunde AP-fonden	244,411	Kč318.0m	0%	0.01%
0.044%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	237,457	Kč308.9m	-19.1%	no data
0.044%	Cambria Investment Management, L.P.	236,631	Kč307.9m	1.49%	0.42%
0.042%	Deutsche Asset & Wealth Management	225,419	Kč293.3m	0%	no data
0.036%	Concorde Befektetesi Alapkezeloe Rt	191,504	Kč249.1m	0%	1.42%
0.034%	Legal & General Investment Management Limited	182,054	Kč236.8m	-0.77%	no data
0.033%	Victory Capital Management Inc.	177,945	Kč231.5m	-1.47%	0.01%
0.027%	Mitsubishi UFJ Asset Management Co., Ltd.	144,745	Kč188.3m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/23 18:17
End of Day Share Price	2025/12/23 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

CEZ, a. s. is covered by 34 analysts. 9 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
Kamil Kliszcz	Biuro maklerskie mBanku
Benjamin Leyre	BNP Paribas
Olivier Van Doosselaere	BNP Paribas