West Bancorporation Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:WB3 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Nov 24	Buy€13,394	David Nelson	Individual	592	€22.62
08 Nov 24	Sell€88,044	Douglas Gulling	Individual	4,000	€22.11
21 Aug 24	Buy€12,487	David Nelson	Individual	730	€17.11
22 May 24	Buy€12,666	David Nelson	Individual	768	€16.49
21 Feb 24	Buy€32,574	David Nelson	Individual	2,007	€16.23

Insider Trading Volume

Insider Buying: WB3 insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of WB3?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	865,087	5.14%
Private Companies	1,041,952	6.19%
General Public	7,160,423	42.5%
Institutions	7,765,170	46.1%

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

Top Shareholders

Top 25 shareholders own 50.83% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.96%	FMR LLC	1,339,635	€28.4m	-6.15%	no data
7.44%	BlackRock, Inc.	1,252,798	€26.5m	4.5%	no data
6.19%	Jay Newlin Trust	1,041,952	€22.1m	0%	no data
4.83%	The Vanguard Group, Inc.	812,341	€17.2m	7.17%	no data
4.04%	Dimensional Fund Advisors LP	679,904	€14.4m	0.92%	no data
2.62%	West Bancorporation Inc., Asset Management Arm	440,347	€9.3m	-0.34%	6.3%
2.21%	State Street Global Advisors, Inc.	372,033	€7.9m	1.86%	no data
2.12%	Geode Capital Management, LLC	356,288	€7.5m	2.1%	no data
1.74%	Legacy Bridge, LLC	292,576	€6.2m	-3.29%	3.39%
1.4%	David Nelson	235,136	€5.0m	0.42%	no data
1.37%	Aptus Capital Advisors, LLC	230,629	€4.9m	15.6%	0.08%
1.31%	Renaissance Technologies LLC	220,253	€4.7m	1.62%	0.01%
1.26%	Pacific Ridge Capital Partners, LLC	211,662	€4.5m	-10.2%	1.08%
0.79%	Northern Trust Global Investments	132,283	€2.8m	-1.15%	no data
0.73%	Eaton Vance Management	122,851	€2.6m	9.29%	no data
0.72%	American Century Investment Management Inc	121,484	€2.6m	14.4%	no data
0.68%	Brad Winterbottom	115,054	€2.4m	0%	no data
0.64%	BNY Asset Management	106,895	€2.3m	-11.1%	no data
0.55%	Harlee Olafson	93,026	€2.0m	0%	no data
0.41%	Driehaus Capital Management LLC	69,443	€1.5m	0.55%	0.01%
0.41%	Bradley Peters	69,243	€1.5m	0%	no data
0.39%	George Milligan	65,338	€1.4m	0%	no data
0.36%	Douglas Gulling	60,000	€1.3m	-9.38%	no data
0.35%	Morgan Stanley, Investment Banking and Brokerage Investments	59,555	€1.3m	82.2%	no data
0.33%	U.S. Bancorp Asset Management, Inc.	55,250	€1.2m	-3.97%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 10:30
End of Day Share Price	2024/12/20 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

West Bancorporation, Inc. is covered by 5 analysts. 1 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
Bryce Rowe	Baird
Nathan Race	Piper Sandler Companies
Andrew Liesch	Piper Sandler Companies