Natural Grocers by Vitamin Cottage Ownership

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

Recent Insider Transactions

DB:N2V Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Dec 24	Sell€83,244	Charity Isely	Individual	2,000	€41.62
03 Dec 24	Sell€169,940	Lark Isely	Individual	4,000	€42.49
28 Feb 24	Sell€211,829	Todd Dissinger	Individual	15,000	€14.12

Insider Trading Volume

Insider Buying: N2V insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of N2V?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	3,368,149	14.7%
General Public	5,750,734	25.1%
Individual Insiders	5,838,351	25.5%
Institutions	7,948,563	34.7%

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

Top Shareholders

Top 25 shareholders own 65.46% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.7%	Isely Family Group	3,368,149	€126.5m	0%	no data
13.8%	Zephyr Isely	3,166,550	€119.0m	0%	no data
5.6%	Elizabeth Isely	1,282,666	€48.2m	0%	no data
5.51%	Dimensional Fund Advisors LP	1,262,055	€47.4m	-3.86%	0.01%
4.56%	Heather Isely	1,044,765	€39.3m	0%	no data
3.04%	BlackRock, Inc.	696,021	€26.1m	5.94%	no data
2.84%	The Vanguard Group, Inc.	650,411	€24.4m	1.71%	no data
2.45%	Renaissance Technologies LLC	562,018	€21.1m	-3.75%	0.03%
1.96%	Lord, Abbett & Co. LLC	449,007	€16.9m	64.7%	0.05%
1.72%	American Century Investment Management Inc	392,869	€14.8m	29.1%	0.01%
0.96%	Geode Capital Management, LLC	219,301	€8.2m	11.4%	no data
0.88%	Foundry Partners, LLC	202,345	€7.6m	-7.84%	0.4%
0.84%	State Street Global Advisors, Inc.	193,350	€7.3m	1.04%	no data
0.8%	Hillsdale Investment Management Inc.	183,218	€6.9m	0.49%	0.34%
0.79%	BNY Asset Management	182,085	€6.8m	2.11%	no data
0.68%	Mellon Investments Corporation	156,411	€5.9m	0.12%	no data
0.68%	Invesco Capital Management LLC	156,167	€5.9m	-23.9%	no data
0.52%	Bridgeway Capital Management, LLC	119,924	€4.5m	-37.3%	0.08%
0.51%	Eaton Vance Management	115,819	€4.4m	1.88%	no data
0.49%	Arrowstreet Capital, Limited Partnership	112,434	€4.2m	99.8%	no data
0.49%	Kemper Isely	111,796	€4.2m	-96.6%	no data
0.46%	Oberweis Asset Management, Inc.	105,000	€3.9m	0%	0.16%
0.39%	Northern Trust Global Investments	90,332	€3.4m	9.39%	no data
0.38%	First Eagle Investment Management, LLC	86,987	€3.3m	6.1%	no data
0.37%	Hussman Strategic Advisors Inc	84,000	€3.2m	-20%	0.79%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 13:04
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

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

Natural Grocers by Vitamin Cottage, Inc. is covered by 14 analysts. 0 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
Scott Van Winkle	Canaccord Genuity
Karen Short	Deutsche Bank
Mitchell Pinheiro	Imperial Capital