The a2 Milk Company Limited

DB:14L Stock Report

Market Cap: €2.5b

a2 Milk Ownership

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

Recent Insider Transactions

DB:14L Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
24 Dec 24Buy€37,823,591UBS Asset Management AGCompany10,972,836€3.45
24 Dec 24Sell€42,550,758UBS Asset Management AGCompany12,322,196€3.62
05 Dec 24Buy€580,433Harbour Asset Management LimitedCompany168,625€3.44
05 Dec 24Buy€349,366JBWere Pty. Ltd.Company100,142€3.49
05 Dec 24Buy€112,805Jarden Wealth LimitedCompany32,196€3.50
05 Dec 24Sell€2,834,637Harbour Asset Management LimitedCompany743,984€3.85
05 Dec 24Sell€30,974JBWere Pty. Ltd.Company25,400€1.22
05 Dec 24Sell€11,718Jarden Wealth LimitedCompany3,400€3.45
26 Nov 24Buy€13,152,785UBS Asset Management AGCompany3,877,942€3.39
26 Nov 24Sell€15,436,574UBS Asset Management AGCompany4,574,511€3.37
20 Nov 24Buy€9,520,338UBS Asset Management AGCompany3,170,479€3.04
20 Nov 24Sell€11,459,876UBS Asset Management AGCompany3,809,178€3.01
19 Nov 24Buy€47,369,317Harbour Asset Management LimitedCompany12,181,032€4.00
19 Nov 24Buy€724,437Jarden Wealth LimitedCompany196,933€3.79
19 Nov 24Sell€26,443,343Harbour Asset Management LimitedCompany8,276,770€3.20
19 Nov 24Sell€586,285Jarden Wealth LimitedCompany158,426€4.32
13 Nov 24Buy€587,141Paradice Investment Management Pty Ltd.Company200,000€2.94
12 Nov 24Buy€239,468,540UBS Asset Management AGCompany65,900,268€4.03
12 Nov 24Sell€205,978,733UBS Asset Management AGCompany55,961,983€3.70
11 Nov 24Sell€19,638,110Paradice Investment Management Pty Ltd.Company5,514,242€3.56
07 Nov 24Buy€3,092,393Harbour Asset Management LimitedCompany860,779€3.59
07 Nov 24Buy€31,410,580Perpetual LimitedCompany9,705,064€3.24
07 Nov 24Buy€3,566,986Harbour Asset Management LimitedCompany995,184€3.59
07 Nov 24Sell€6,654,800Harbour Asset Management LimitedCompany2,029,588€3.28
07 Nov 24Sell€8,003,762Harbour Asset Management LimitedCompany2,436,231€3.32
15 Oct 24Buy€7,832,367Paradice Investment Management Pty Ltd.Company2,111,165€3.71
09 Oct 24Buy€43,006,253Harbour Asset Management LimitedCompany10,961,197€3.92
09 Oct 24Sell€18,442,993Harbour Asset Management LimitedCompany4,770,570€3.87
24 Sep 24Buy€52,795,780Paradice Investment Management Pty Ltd.Company14,513,846€3.64
24 Sep 24Buy€52,789,237Paradice Investment Management Pty Ltd.Company14,513,846€4.47
19 Aug 24Buy€669,877Pendal Group LimitedCompany198,815€3.37
12 Aug 24Buy€97,680,796Harbour Asset Management LimitedCompany25,250,007€3.97
12 Aug 24Sell€21,535,317Harbour Asset Management LimitedCompany5,477,415€4.06
07 Aug 24Buy€20,836,740Perpetual LimitedCompany6,310,488€3.30
07 Aug 24Sell€45,116,853Perpetual LimitedCompany14,028,527€3.22
28 Jun 24Buy€1,197,845Pendal Group LimitedCompany433,494€2.76
02 Apr 24Buy€457,007The Vanguard Group, Inc.Company123,119€3.77
15 Mar 24Buy€91,627The Vanguard Group, Inc.Company26,429€3.47
15 Mar 24Sell€744,637The Vanguard Group, Inc.Company214,783€3.47
08 Mar 24Buy€3,659,978The Vanguard Group, Inc.Company993,183€3.69
27 Feb 24Sell€155,908Kevin BushIndividual44,500€3.56
16 Feb 24Buy€108,723,509Bangarra GroupCompany35,596,730€3.05
16 Feb 24Sell€2,009,360The Vanguard Group, Inc.Company645,411€3.11
01 Feb 24Buy€90,719,230Goldman Sachs Group, Investment Banking and Securities InvestmentsCompany36,346,565€2.53

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 14L?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders2,666,5450.368%
General Public294,406,07240.7%
Institutions426,946,50159%

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

Top Shareholders

Top 25 shareholders own 57.8% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
7.63%
Perpetual Limited
55,234,400€189.7m17.2%0.56%
5.54%
Goldman Sachs Group, Investment Banking and Securities Investments
40,095,806€137.7m0%0.07%
5.45%
BlackRock, Inc.
39,471,338€135.6m0.12%no data
5%
Paradice Investment Management Pty Ltd.
36,213,218€124.4m-8.22%6.29%
4.99%
The Vanguard Group, Inc.
36,159,019€124.2m0%no data
4.63%
UBS Asset Management AG
33,553,726€115.2m476%0.01%
4.51%
Bangarra Group
32,669,249€112.2m-20.7%63.59%
4.26%
Harbour Asset Management Limited
30,830,700€105.9m-15.5%10.65%
2.83%
Accident Compensation Corporation, Asset Management Arm
20,509,205€70.4m3.63%2.6%
2.57%
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
18,595,095€63.9m-5.88%0.02%
1.8%
Wilson Asset Management (International) Pty Ltd.
13,039,761€44.8m0%1.49%
1.69%
Norges Bank Investment Management
12,260,529€42.1m0%no data
1.12%
Milford Asset Management, LTD
8,106,450€27.8m17%0.53%
1.01%
Public Trust of New Zealand, Asset Management Arm
7,323,398€25.2m16%6.45%
0.87%
New Zealand Permanent Trustees Limited, Asset Management Arm
6,325,699€21.7m0%9.27%
0.63%
Smartshares Ltd.
4,539,015€15.6m-62.6%0.47%
0.57%
Pendal Group Limited
4,154,205€14.3m4.71%0.48%
0.52%
JBWere Pty. Ltd.
3,761,568€12.9m0%46.25%
0.44%
State Street Global Advisors, Inc.
3,200,323€11.0m0.4%no data
0.4%
BetaShares Capital Limited
2,877,072€9.9m2.87%0.06%
0.32%
Trust Investments Management Limited
2,293,841€7.9m28.2%5.56%
0.3%
Macquarie Asset Management Public Investments (N.Z.) Limited
2,188,085€7.5m160%2.28%
0.28%
Charles Schwab Investment Management, Inc.
2,002,713€6.9m1.48%no data
0.25%
Dimensional Fund Advisors LP
1,818,263€6.2m1.98%no data
0.18%
David Bortolussi
1,280,766€4.4m0%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 15:50
End of Day Share Price 2025/01/02 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

The a2 Milk Company Limited is covered by 21 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Thomas KierathBarrenjoey Markets Pty Limited
Jonathan SnapeBell Potter