MilDef Group Ownership

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

Recent Insider Transactions

DB:8QA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 May 25	Sell€3,580,298	Jan Andersson	Individual	150,000	€23.87
12 Mar 25	Sell€192,157	Olof Engvall	Individual	9,500	€20.23
12 Mar 25	Sell€3,035,852	Fredrik Persson	Individual	149,600	€20.29
18 Dec 24	Sell€101,781	Olof Engvall	Individual	10,000	€10.18

Insider Trading Volume

Insider Buying: 8QA insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 8QA?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	0	0%
Public Companies	2,914,600	6.2%
Individual Insiders	7,057,914	15%
Institutions	13,860,181	29.5%
General Public	23,209,750	49.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18%.

Top Shareholders

Top 25 shareholders own 50.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.2%	Mildef Crete Inc.	2,914,600	€69.1m	-23%	no data
5.65%	Andra AP-fonden	2,655,785	€63.0m	16.4%	0.39%
5.13%	Marianne Trolle	2,412,752	€57.2m	0%	no data
4.8%	Svolder AB (publ)	2,257,128	€53.5m	-54.2%	11.17%
3.54%	Carnegie Fonder AB	1,664,115	€39.5m	-4.04%	0.41%
3.39%	Daniel Ljunggren	1,593,115	€37.8m	0%	no data
2.81%	Tredje AP-fonden	1,322,626	€31.4m	-16.5%	0.16%
2.26%	Deka Investment GmbH	1,064,700	€25.2m	-1.86%	0.02%
2.13%	Swedbank Robur Fonder AB	1,000,000	€23.7m	63.3%	0.02%
2.09%	Adam Mentel	982,421	€23.3m	-24%	no data
1.89%	Bjorn Karlsson	890,821	€21.1m	0%	no data
1.61%	Joh. Berenberg, Gossler & Co. KG, Asset Management Arm	755,572	€17.9m	0%	0.73%
1.45%	Fondita Rahastoyhtio AB	683,887	€16.2m	-8.44%	3.72%
1.42%	Chelverton Asset Management Limited	670,000	€15.9m	0%	1.47%
1.06%	Jan Andersson	500,000	€11.9m	-23.1%	no data
0.97%	Ålandsbanken Fondbolag AB	458,419	€10.9m	0%	0.49%
0.85%	Fredrik Jacobsson	400,000	€9.5m	-41.6%	no data
0.77%	T. Rowe Price Group, Inc.	362,073	€8.6m	0%	no data
0.68%	Skandia Fonder AB	321,779	€7.6m	0%	0.07%
0.53%	Fredrik Persson	249,600	€5.9m	-50%	no data
0.31%	William Blair Investment Management, LLC	145,761	€3.5m	9.77%	0.01%
0.28%	FCG Fonder AB	133,509	€3.2m	0%	0.35%
0.28%	Federated Hermes, Inc.	133,412	€3.2m	0%	0.01%
0.28%	GWL Investment Management Ltd.	133,237	€3.2m	0%	0.01%
0.13%	Amundi Asset Management SAS	61,227	€1.5m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/05 15:36
End of Day Share Price	2025/05/05 00:00
Earnings	2024/12/31
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

MilDef Group AB (publ) 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
Hugo Lisjo	Carnegie Commissioned Research
Daniel Lindkvist	Danske Bank
Tom Guinchard	Pareto Securities