Ricardo Ownership

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

Recent Insider Transactions

DB:RIR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Dec 24	Buy€47,953	Judith Cottrell	Individual	9,802	€4.89
16 Dec 24	Buy€60,080	Graham Ritchie	Individual	12,281	€4.89
09 Dec 24	Buy€178	Judith Cottrell	Individual	37	€4.82
09 Dec 24	Buy€183	Diane Christensen	Individual	38	€4.82
09 Dec 24	Buy€178	Rachel Stringer	Individual	37	€4.82
09 Dec 24	Buy€183	Harpreet Sagoo	Individual	38	€4.82
18 Nov 24	Sell€556	Natasha Perfect	Individual	108	€5.14
09 Oct 24	Buy€179	Judith Cottrell	Individual	35	€5.10
09 Oct 24	Buy€179	Rachel Stringer	Individual	35	€5.10
09 May 24	Buy€171	Judith Cottrell	Individual	31	€5.52
09 May 24	Buy€171	Rachel Stringer	Individual	31	€5.52
29 Apr 24	Buy€5,824	Rachel Stringer	Individual	1,100	€5.29
06 Mar 24	Buy€34,814	Judith Cottrell	Individual	6,782	€5.13
06 Mar 24	Buy€116,334	Graham Ritchie	Individual	22,611	€5.15

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of RIR?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	59,679	0.0959%
Individual Insiders	149,135	0.24%
Employee Share Scheme	231,559	0.372%
General Public	2,504,376	4.03%
VC/PE Firms	13,998,945	22.5%
Institutions	45,269,286	72.8%

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

Top Shareholders

Top 25 shareholders own 86.84% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22.5%	Gresham House Asset Management Limited	13,998,945	€72.8m	17.9%	4.23%
8.3%	Aberforth Partners LLP	5,166,520	€26.9m	1.68%	1.12%
5.97%	Royal London Asset Management Ltd.	3,716,754	€19.3m	1.81%	0.03%
5.81%	abrdn plc	3,616,695	€18.8m	0.16%	0.02%
4.98%	Perpetual Limited	3,096,526	€16.1m	0%	0.05%
4.43%	Invesco Ltd.	2,757,237	€14.3m	-0.59%	no data
3.53%	Aviva Investors Global Services Ltd.	2,193,749	€11.4m	11.3%	0.02%
2.87%	Schroder Investment Management Limited	1,785,694	€9.3m	-7.38%	0.01%
2.64%	Montanaro Investment Managers Ltd.	1,640,000	€8.5m	-3.36%	0.47%
2.55%	Janus Henderson Group plc	1,588,567	€8.3m	8.31%	no data
2.46%	Charles Stanley & Co. Ltd, Asset Management Arm	1,528,690	€7.9m	-0.01%	0.07%
2.3%	Octopus Investments Limited	1,431,000	€7.4m	21.7%	0.38%
1.99%	N.F.U. Mutual Unit Managers Limited	1,235,096	€6.4m	0%	0.13%
1.71%	J O Hambro Capital Management Limited	1,061,470	€5.5m	-55.9%	0.05%
1.69%	BlackRock, Inc.	1,051,510	€5.5m	-3.8%	no data
1.65%	Canaccord Genuity Asset Management Limited	1,025,000	€5.3m	-31.2%	0.22%
1.64%	Otus Capital Management Limited	1,022,209	€5.3m	-37%	3.63%
1.49%	Legal & General Investment Management Limited	924,593	€4.8m	-2.18%	no data
1.42%	Columbia Management Investment Advisers, LLC	883,206	€4.6m	-3.61%	no data
1.41%	Dimensional Fund Advisors LP	877,995	€4.6m	-4.62%	no data
1.4%	Lombard Odier Asset Management (Europe) Ltd.	868,682	€4.5m	139%	0.08%
1.11%	AXA Investment Managers S.A.	689,185	€3.6m	-6.84%	0.01%
1.01%	JM Finn & Co Ltd.	631,040	€3.3m	-1.36%	0.07%
1%	Teviot Partners LLP	623,500	€3.2m	4.18%	1.46%
0.99%	Ninety One UK Limited	613,806	€3.2m	-29.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 11:13
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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

Ricardo plc is covered by 18 analysts. 8 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
null null	Arden Partners Plc.
James Bayliss	Berenberg
Richard Hickinbotham	Charles Stanley Securities