Thule Group Ownership

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

Recent Insider Transactions

DB:TU0 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
18 Jul 24	Buy€19,914	Sarah McPhee	Individual	750	€26.55
13 May 24	Sell€1,100,038	Fredrik Erlandsson	Individual	40,000	€27.50
29 Apr 24	Sell€163,308	Fredrik Erlandsson	Individual	6,200	€26.34
21 Mar 24	Sell€215,503	Fredrik Erlandsson	Individual	8,000	€26.94
18 Mar 24	Sell€211,688	Fredrik Erlandsson	Individual	8,000	€26.46
28 Feb 24	Buy€12,803	Sarah McPhee	Individual	500	€25.61

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TU0?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	757,467	0.716%
General Public	23,150,357	21.9%
Institutions	81,825,273	77.4%

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

Top Shareholders

Top 25 shareholders own 67.09% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.7%	AMF Fonder AB	12,387,510	€372.7m	0%	1.14%
8.04%	Swedbank Robur Fonder AB	8,496,602	€255.7m	0%	0.18%
4.96%	Handelsbanken Asset Management	5,246,778	€157.9m	-4.45%	0.25%
4.94%	Nordea Investment Management, AB	5,220,454	€157.1m	0%	0.11%
4.34%	Alecta Pensionsförsäkring, ömsesidigt	4,590,000	€138.1m	0%	0.3%
3.63%	The Vanguard Group, Inc.	3,833,508	€115.4m	0%	no data
3.28%	Nordea Funds AB	3,465,858	€104.3m	0%	1.19%
3.1%	SEB Investment Management AB	3,275,594	€98.6m	0%	0.21%
3.05%	Columbia Management Investment Advisers, LLC	3,221,435	€96.9m	0%	0.02%
2.86%	ODIN Forvaltning AS	3,022,024	€90.9m	0%	3.49%
2.47%	Spiltan & Pelaro Fonder AB	2,611,429	€78.6m	0%	1.32%
2.06%	Norges Bank Investment Management	2,180,139	€65.6m	0%	0.01%
1.63%	E. Öhman J:or Wealth Management	1,719,985	€51.8m	0%	0.37%
1.62%	BlackRock, Inc.	1,715,791	€51.6m	0.25%	no data
1.47%	Lansforsakringar Fondforvaltning AB	1,557,292	€46.9m	0%	0.18%
1.08%	Forsta AP-fonden	1,141,937	€34.4m	0%	0.14%
1.04%	C WorldWide Asset Management Fondsmaeglerselskab A/S	1,099,527	€33.1m	0%	0.26%
0.82%	Nykredit Portefølje Administration A/S	865,753	€26.1m	0%	1.08%
0.81%	Tredje AP-fonden	859,212	€25.9m	0%	0.12%
0.8%	DNCA Finance	845,393	€25.4m	0%	0.28%
0.79%	Financiere de l'Echiquier	838,969	€25.2m	0%	0.35%
0.68%	Andra AP-fonden	714,144	€21.5m	0%	0.12%
0.66%	abrdn plc	698,872	€21.0m	0%	0.02%
0.65%	Storebrand Fonder AB,	687,099	€20.7m	0%	0.07%
0.6%	Magnus Welander	636,990	€19.2m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:54
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

Thule Group AB (publ) is covered by 12 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
Lars Topholm	Carnegie Investment Bank AB
Daniel Schmidt	Danske Bank
Ebba Marie Bjorklid	DNB Markets