National Research Ownership

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

Recent Insider Transactions

DB:NR1A Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 Mar 24	Sell€22,417,638	Thomas Richardson	Individual	598,653	€37.45
05 Jan 24	Sell€268,746	Michael Hays	Individual	7,214	€37.59
03 Jan 24	Sell€12,025,130	Michael Hays	Individual	321,239	€38.27
03 Jan 24	Sell€13,873,903	Thomas Richardson	Individual	364,625	€38.05
14 Dec 23	Sell€992,505	Michael Hays	Individual	26,263	€37.83
11 Dec 23	Sell€2,115,900	Michael Hays	Individual	54,704	€38.69
06 Dec 23	Sell€98,283	Michael Hays	Individual	2,550	€38.54
22 Nov 23	Sell€30,354	Michael Hays	Individual	784	€38.74
15 Nov 23	Sell€15,619	Michael Hays	Individual	403	€38.76
11 Oct 23	Sell€67,736	Michael Hays	Individual	1,601	€42.31
26 Jun 23	Sell€86,327	Michael Hays	Individual	2,091	€41.41
21 Jun 23	Sell€795,103	Michael Hays	Individual	19,346	€41.10
16 Jun 23	Sell€1,361,694	Michael Hays	Individual	33,027	€41.27
13 Jun 23	Sell€83,425	Michael Hays	Individual	2,000	€41.72
09 Jun 23	Sell€532,290	Michael Hays	Individual	12,626	€42.90
07 Jun 23	Sell€1,654,668	Michael Hays	Individual	38,629	€43.60
02 Jun 23	Sell€889,780	Michael Hays	Individual	21,095	€42.31
23 May 23	Sell€1,211,301	Michael Hays	Individual	29,000	€41.77

Insider Trading Volume

Insider Buying: NR1A insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NR1A?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	4,293	0.018%
General Public	2,366,328	9.91%
Individual Insiders	8,775,420	36.8%
Institutions	12,725,216	53.3%

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

Top Shareholders

Top 25 shareholders own 81.62% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.2%	Michael Hays	4,832,407	€139.0m	-6.35%	no data
16.1%	Thomas Richardson	3,854,284	€110.8m	-20%	no data
11.9%	Kayne Anderson Rudnick Investment Management, LLC	2,833,057	€81.5m	-1.68%	0.2%
4.47%	BlackRock, Inc.	1,068,019	€30.7m	0.23%	no data
3.96%	The Vanguard Group, Inc.	944,995	€27.2m	1.11%	no data
3.81%	Eaton Vance Management	909,326	€26.1m	0%	0.01%
3.29%	Conestoga Capital Advisors, LLC	784,656	€22.6m	0.49%	0.37%
2.67%	Dimensional Fund Advisors LP	638,389	€18.4m	0.31%	no data
1.57%	Renaissance Technologies LLC	373,584	€10.7m	1.69%	0.02%
1.5%	Virtus Investment Advisers, Inc.	358,344	€10.3m	0%	1.3%
1.49%	Geode Capital Management, LLC	356,305	€10.2m	5.39%	no data
1.43%	State Street Global Advisors, Inc.	342,475	€9.8m	4.53%	no data
1.43%	QV Investors Inc.	342,250	€9.8m	-13.4%	0.42%
1.15%	Northern Trust Global Investments	274,294	€7.9m	-1.05%	no data
1.05%	Industrielle Alliance, Gestion de placements inc.	250,710	€7.2m	0%	0.11%
0.92%	IA Global Asset Management Inc.	218,617	€6.3m	-12.8%	0.08%
0.74%	Wells Fargo & Company, Securities and Brokerage Investments	177,806	€5.1m	88%	no data
0.71%	PineStone Asset Management Inc.	170,000	€4.9m	11%	0.07%
0.65%	Comerica Bank, Banking Investments	155,174	€4.5m	-0.78%	0.02%
0.49%	BNY Mellon Asset Management	116,960	€3.4m	-4.08%	no data
0.48%	Charles Schwab Investment Management, Inc.	114,089	€3.3m	1.31%	no data
0.42%	Jackson National Asset Management, LLC	100,507	€2.9m	-2.9%	0.06%
0.4%	Envestnet Asset Management, Inc.	94,478	€2.7m	365%	no data
0.37%	Ohio Public Employees Retirement System	87,325	€2.5m	0%	0.01%
0.36%	Managed Account Advisors LLC	86,164	€2.5m	-11.7%	no data