Badger Infrastructure Solutions Ownership

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

Recent Insider Transactions

DB:6BD0 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Mar 26	Buy€161,540	Robert Blackadar	Individual	4,000	€40.42
13 Mar 26	Buy€56,339	Robert Blackadar	Individual	1,425	€39.56
12 Mar 26	Buy€41,010	David Bronicheski	Individual	1,000	€41.57
23 Sep 25	Buy€26,706	Robert Blackadar	Individual	750	€35.61
04 Jun 25	Buy€18,700	Patricia Warfield	Individual	650	€28.78

Insider Trading Volume

Insider Buying: 6BD0 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 6BD0?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	3,500	0.0104%
Individual Insiders	153,910	0.457%
Hedge Funds	4,374,077	13%
General Public	11,931,563	35.4%
Institutions	17,196,512	51.1%

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

Top Shareholders

Top 25 shareholders own 59.93% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13%	EdgePoint Investment Group Inc.	4,374,077	€237.3m	0%	1.15%
7.61%	Thrivent Investment Management Inc.	2,560,162	€138.9m	0%	0.25%
7.55%	Capital Research and Management Company	2,540,931	€137.8m	0%	0.01%
6.55%	RBC Global Asset Management Inc.	2,205,237	€119.6m	0%	0.06%
3.23%	T. Rowe Price Group, Inc.	1,088,432	€59.0m	5.51%	0.01%
3.04%	Vanguard Capital Management, LLC	1,024,235	€55.6m	0.3%	no data
2.46%	BlackRock, Inc.	827,000	€44.9m	2.13%	no data
2.33%	Dimensional Fund Advisors LP	782,631	€42.5m	0.06%	0.01%
1.63%	Picton Mahoney Asset Management	550,300	€29.9m	0%	0.37%
1.38%	Beutel Goodman & Company Ltd.	463,555	€25.1m	0%	0.15%
1.24%	Mackenzie Financial Corporation	418,497	€22.7m	0.54%	0.02%
1.24%	Hillsdale Investment Management Inc.	416,360	€22.6m	0%	0.47%
0.88%	Vanguard Fiduciary Trust Company	294,877	€16.0m	0%	no data
0.87%	FMR LLC	291,370	€15.8m	0.37%	no data
0.84%	CI Global Asset Management	282,888	€15.3m	0.08%	0.03%
0.77%	Dixon Mitchell Investment Counsel, Inc.	260,199	€14.1m	0%	0.47%
0.77%	Pembroke Management Ltd.	258,428	€14.0m	0%	1.34%
0.75%	TD Asset Management, Inc.	251,909	€13.7m	0%	0.01%
0.67%	IG Investment Management, Ltd.	225,656	€12.2m	0%	0.03%
0.67%	ATB Investment Management Inc.	224,757	€12.2m	0%	0.17%
0.65%	American Century Investment Management Inc	220,057	€11.9m	-3.3%	no data
0.52%	AGF Management Limited	174,417	€9.5m	0%	0.04%
0.46%	BMO Asset Management Corp.	153,510	€8.3m	2.06%	no data
0.44%	Charles Schwab Investment Management, Inc.	147,526	€8.0m	88%	no data
0.4%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	133,692	€7.3m	-68.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/27 19:09
End of Day Share Price	2026/05/26 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

Badger Infrastructure Solutions Ltd. is covered by 12 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
Trevor Reynolds	Acumen Capital Finance Partners Limited
Brent Watson	ATB Cormark Historical (Cormark Securities)
John Gibson	BMO Capital Markets Equity Research