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	59,378	0.0111%
Private Companies	15,386,507	2.87%
Institutions	31,846,802	5.93%
General Public	114,108,306	21.3%
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 78.26% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
69.9%	Czech Republic	375,409,254	Kč484.3b	0%	no data
2.87%	Belviport Trading Ltd.	15,386,507	Kč19.8b	0%	no data
1.37%	PPF banka a.s., Asset Management Arm	7,370,460	Kč9.5b	0%	99.76%
1.14%	The Vanguard Group, Inc.	6,127,489	Kč7.9b	0.15%	no data
0.84%	BlackRock, Inc.	4,532,188	Kč5.8b	-9.73%	no data
0.35%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	1,855,235	Kč2.4b	0%	0.61%
0.27%	Van Eck Associates Corporation	1,467,615	Kč1.9b	30.4%	0.07%
0.18%	Geode Capital Management, LLC	957,315	Kč1.2b	0.9%	no data
0.15%	Dimensional Fund Advisors LP	807,415	Kč1.0b	-0.03%	0.01%
0.12%	Powszechne Towarzystwo Emerytalne PZU SA	669,606	Kč863.8m	0%	0.49%
0.11%	UNIQA Österreich Versicherungen AG, Asset Management Arm	600,220	Kč774.3m	0%	0.94%
0.11%	Generali Powszechne Towarzystwo Emerytalne S A	569,157	Kč734.2m	0%	0.41%
0.091%	State Street Global Advisors, Inc.	487,993	Kč629.5m	2.92%	no data
0.085%	Charles Schwab Investment Management, Inc.	455,211	Kč587.2m	0.17%	no data
0.083%	Aegon Asset Management UK Plc	447,507	Kč577.3m	0%	0.13%
0.081%	Goldman Sachs Asset Management, L.P.	436,614	Kč563.2m	1.15%	0.01%
0.063%	UBS Asset Management AG	340,508	Kč439.2m	0%	no data
0.063%	BNY Asset Management	340,191	Kč438.8m	-0.18%	no data
0.062%	OTP Alapkezelo Zrt.	330,255	Kč426.0m	0%	0.83%
0.058%	Amundi Asset Management SAS	313,228	Kč404.1m	0%	no data
0.055%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	293,547	Kč378.7m	0%	no data
0.046%	Sjunde AP-fonden	244,411	Kč315.3m	0%	0.01%
0.043%	American Century Investment Management Inc	232,302	Kč299.6m	6.51%	0.01%
0.041%	Cambria Investment Management, L.P.	219,829	Kč283.6m	20.5%	0.44%
0.04%	Deutsche Asset & Wealth Management	216,382	Kč279.1m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/14 14:31
End of Day Share Price	2025/09/12 00:00
Earnings	2025/06/30
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 41 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 Exane
Olivier Van Doosselaere	BNP Paribas Exane