HealthEquity Ownership

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

Recent Insider Transactions

DB:2HE Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Dec 24	Sell€455,535	Debra McCowan	Individual	5,000	€91.11
12 Dec 24	Sell€265,651	Elimelech Rosner	Individual	2,869	€92.59
12 Dec 24	Sell€2,305,226	Stuart Parker	Individual	25,000	€92.77
06 Nov 24	Sell€93,039	Frank Corvino	Individual	1,039	€89.55
01 Oct 24	Sell€90,421	Frank Corvino	Individual	1,247	€72.51
06 Sep 24	Sell€852,949	Elimelech Rosner	Individual	12,296	€69.37
08 Jul 24	Sell€92,397	Frank Corvino	Individual	1,223	€75.55

Insider Trading Volume

Insider Buying: 2HE insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 2HE?
Owner Type	Number of Shares	Ownership Percentage
State or Government	27,659	0.0302%
Individual Insiders	1,435,287	1.57%
Institutions	90,160,807	98.4%

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

Top Shareholders

Top 25 shareholders own 71.82% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.6%	BlackRock, Inc.	10,941,670	€1.1b	1.88%	0.02%
10.2%	The Vanguard Group, Inc.	8,876,467	€892.8m	0.58%	0.01%
8.95%	Wasatch Advisors LP	7,758,890	€780.4m	6.64%	2.52%
6.1%	FMR LLC	5,289,066	€532.0m	-0.75%	0.03%
3.61%	State Street Global Advisors, Inc.	3,131,900	€315.0m	0.76%	0.01%
2.76%	ClearBridge Investments, LLC	2,388,392	€240.2m	0.47%	0.17%
2.72%	Mackenzie Financial Corporation	2,357,536	€237.1m	-0.3%	0.26%
2.4%	Geode Capital Management, LLC	2,078,977	€209.1m	0.73%	0.01%
2.15%	Brown Advisory Incorporated	1,861,194	€187.2m	7.48%	0.22%
1.83%	Dimensional Fund Advisors LP	1,581,723	€159.1m	2.22%	0.02%
1.78%	Invesco Ltd.	1,542,433	€155.1m	2.75%	0.04%
1.74%	Franklin Resources, Inc.	1,511,999	€152.1m	0.28%	0.05%
1.44%	Stephens Investment Management Group, LLC	1,249,082	€125.6m	-3.03%	1.67%
1.3%	Loomis Sayles & Company, L.P.	1,126,645	€113.3m	2.24%	0.14%
1.24%	JP Morgan Asset Management	1,074,573	€108.1m	-18.6%	0.01%
1.23%	Charles Schwab Investment Management, Inc.	1,061,807	€106.8m	0%	0.02%
1.2%	Allspring Global Investments, LLC	1,037,780	€104.4m	-7.51%	0.15%
1.19%	Northern Trust Global Investments	1,034,042	€104.0m	-2.15%	0.02%
1.14%	ArrowMark Colorado Holdings, LLC	985,834	€99.2m	-12.1%	1.27%
1.09%	Millennium Management LLC	947,294	€95.3m	5.18%	0.08%
1.08%	Van Berkom and Associates Inc.	935,581	€94.1m	0.58%	2.52%
1.04%	Janus Henderson Group plc	899,240	€90.4m	-18.4%	0.04%
1.02%	Norges Bank Investment Management	886,632	€89.2m	0%	0.01%
0.97%	Vaughan Nelson Investment Management, L.P.	843,423	€84.8m	36.7%	0.73%
0.97%	Nationwide Fund Advisors	842,009	€84.7m	0.08%	0.51%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 12:25
End of Day Share Price	2025/01/22 00:00
Earnings	2024/10/31
Annual Earnings	2024/01/31

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

HealthEquity, Inc. is covered by 24 analysts. 14 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
Mark Marcon	Baird
Ishan Majumdar	Baptista Research
Alexander Paris	Barrington Research Associates, Inc.