Smartbird Ownership

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

Recent Insider Transactions

DB:8W80 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 Sep 26	Sell€3,694	Annie Mitchell	Individual	1,755	€2.10
25 Aug 26	Sell€18,763	Richard Boyce	Individual	9,200	€2.04
25 Jun 26	Sell€434,484	Nadia Carlsten	Individual	117,459	€3.70
02 Jun 26	Sell€12,888	Joe Vernachio	Individual	3,359	€3.84
02 Jun 26	Sell€6,161	Annie Mitchell	Individual	1,587	€3.88
03 Mar 26	Sell€5,114	Annie Mitchell	Individual	2,200	€2.32
03 Mar 26	Sell€10,239	Joe Vernachio	Individual	4,413	€2.32
02 Dec 25	Sell€18,388	Joe Vernachio	Individual	4,384	€4.19
02 Dec 25	Sell€7,712	Annie Mitchell	Individual	1,837	€4.20

Insider Trading Volume

Insider Buying: 8W80 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 8W80?
Owner Type	Number of Shares	Ownership Percentage
VC/PE Firms	841,216	7.12%
Private Companies	986,549	8.35%
Institutions	1,500,101	12.7%
Individual Insiders	2,125,839	18%
General Public	6,355,491	53.8%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 45%.

Top Shareholders

Top 25 shareholders own 45.87% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.7%	Nadia Carlsten	1,378,605	€2.8m	-2.57%	no data
7.12%	Maveron LLC	841,216	€1.7m	0%	100.0%
6.1%	FMR LLC	720,365	€1.5m	-12.7%	no data
5.64%	Grenadier Trust	666,546	€1.4m	0%	no data
4.63%	Joseph Zwillinger	546,797	€1.1m	0%	no data
2.71%	Ghost Angel Llc	320,000	€656.9k	0%	no data
2.17%	Vanguard Capital Management, LLC	256,624	€526.8k	8.32%	no data
0.82%	Richard Boyce	96,957	€199.0k	-3%	no data
0.68%	BlackRock, Inc.	80,861	€166.0k	7.85%	no data
0.54%	Anson Group	64,304	€132.0k	0%	0.01%
0.52%	Geode Capital Management, LLC	61,165	€125.6k	-9.78%	no data
0.42%	Annie Mitchell	49,260	€101.1k	9.54%	no data
0.39%	Cygnus Capital Advisors, LLC	46,499	€95.5k	0%	0.08%
0.34%	Hudson River Trading LLC	40,322	€82.8k	0%	no data
0.29%	Joe Vernachio	33,989	€69.8k	16%	no data
0.24%	UBS Asset Management AG	27,849	€57.2k	348%	no data
0.23%	Spark Investment Management LLC	27,634	€56.7k	-52.1%	0.15%
0.21%	Jane Street Group, LLC	24,585	€50.5k	0%	no data
0.2%	JPMorgan Chase & Co.	24,151	€49.6k	604,000%	no data
0.18%	Aspiriant, LLC	20,853	€42.8k	0%	no data
0.17%	State Street Investment Management	19,714	€40.5k	0%	no data
0.15%	Engineers Gate Manager LP	18,228	€37.4k	0%	no data
0.15%	Virtu Financial, Inc.	17,562	€36.1k	0%	no data
0.15%	Daniel Levitan	17,454	€35.8k	0.01%	no data
0.13%	Northern Trust Global Investments	15,147	€31.1k	-0.03%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/16 04:59
End of Day Share Price	2026/09/16 00:00
Earnings	2026/06/30
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 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

Smartbird, Inc is covered by 9 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
Brian McNamara	Berenberg
Lorraine Corrine Hutchinson	BofA Global Research
Ashley Helgans	Jefferies LLC