Merchants Bancorp Ownership

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

Recent Insider Transactions

DB:3KD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 24	Buy€100,923	Michael Dury	Individual	2,700	€37.38
27 Aug 24	Sell€895,473	Michael Petrie	Individual	22,050	€40.61
05 Aug 24	Buy€183,458	Michael Dury	Individual	5,200	€35.64
31 Jul 24	Buy€248,504	Michael Dury	Individual	6,000	€41.62

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of 3KD?
Owner Type	Number of Shares	Ownership Percentage
General Public	14,365,564	31.4%
Institutions	14,890,879	32.5%
Individual Insiders	16,507,580	36.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.

Top Shareholders

Top 25 shareholders own 57.72% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
27.6%	Michael Petrie	12,650,641	€438.3m	-7.16%	no data
7.04%	Randall Rogers	3,223,025	€111.7m	0%	no data
3.37%	BlackRock, Inc.	1,544,253	€53.5m	6.74%	no data
2.72%	The Vanguard Group, Inc.	1,243,078	€43.1m	3.53%	no data
2.48%	Dimensional Fund Advisors LP	1,134,268	€39.3m	10.9%	0.01%
1.32%	Basswood Capital Management, L.L.C.	601,954	€20.9m	-5.45%	1.11%
1.24%	Geode Capital Management, LLC	566,520	€19.6m	3.03%	no data
1.07%	Royce & Associates, LP	490,189	€17.0m	143%	0.15%
1.01%	Invesco Ltd.	463,087	€16.0m	8,970%	no data
0.98%	State Street Global Advisors, Inc.	448,525	€15.5m	4.72%	no data
0.93%	American Century Investment Management Inc	426,023	€14.8m	15.1%	0.01%
0.86%	Morgan Stanley, Investment Banking and Brokerage Investments	394,226	€13.7m	64.1%	no data
0.85%	1st & Main Growth Partners	389,615	€13.5m	3.31%	1.46%
0.74%	Goldman Sachs Asset Management, L.P.	337,130	€11.7m	172%	no data
0.72%	Boston Partners Global Investors, Inc.	327,849	€11.4m	242%	0.01%
0.58%	Federated Hermes, Inc.	266,418	€9.2m	-4.14%	0.02%
0.51%	Charles Schwab Investment Management, Inc.	233,482	€8.1m	-8.82%	no data
0.5%	Marshall Wace LLP	230,454	€8.0m	-36.9%	0.01%
0.48%	Valeo Financial Advisors, LLC	218,537	€7.6m	-7.18%	0.21%
0.48%	Citadel Advisors LLC	217,671	€7.5m	-24.3%	0.01%
0.47%	Hotchkis and Wiley Capital Management, LLC	214,480	€7.4m	-4.45%	0.02%
0.46%	SEI Investments Company	209,921	€7.3m	2,350%	0.01%
0.45%	Royal Bank of Canada, Banking & Securities Investments	207,403	€7.2m	5.29%	no data
0.41%	PL Capital Advisors, LLC	188,294	€6.5m	0%	2.23%
0.41%	JP Morgan Asset Management	185,687	€6.4m	-53.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 12:07
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

Merchants Bancorp is covered by 7 analysts. 3 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
Manan Gosalia	Morgan Stanley
Nathan Race	Piper Sandler Companies
David Feaster	Raymond James & Associates