First Majestic Silver Ownership

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

Recent Insider Transactions

XTRA:FMV Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Sep 26	Sell€174,755	Gonzalo Mercado	Individual	10,379	€16.84
21 Aug 26	Sell€466,588	Keith Neumeyer	Individual	25,000	€18.66
19 Aug 26	Sell€438,381	Keith Neumeyer	Individual	25,000	€17.54
14 Aug 26	Sell€142,401	Michael Deal	Individual	8,569	€16.62
11 Aug 26	Sell€404,375	Keith Neumeyer	Individual	25,000	€16.17
07 Aug 26	Sell€428,137	Keith Neumeyer	Individual	26,666	€16.06
21 Apr 26	Buy€9,202	Hector Mezquita Castillo	Individual	518	€17.76
25 Mar 26	Buy€2,685	Samir Patel	Individual	148	€18.14
23 Feb 26	Sell€153,892	Amar Parmar	Individual	6,250	€24.62
13 Feb 26	Sell€1,136,776	Keith Neumeyer	Individual	52,500	€21.65
09 Feb 26	Sell€352,043	Keith Neumeyer	Individual	17,500	€20.12
02 Feb 26	Buy€17,031	Hector Mezquita Castillo	Individual	1,000	€17.03
29 Jan 26	Sell€564,041	Keith Neumeyer	Individual	25,000	€22.60
28 Jan 26	Sell€219,419	Raymond Polman	Individual	10,000	€21.94
28 Jan 26	Sell€273,965	Keith Neumeyer	Individual	12,500	€21.92
26 Jan 26	Sell€233,128	Raymond Polman	Individual	10,000	€23.31
23 Jan 26	Sell€2,015,452	Keith Neumeyer	Individual	105,800	€19.20
20 Jan 26	Sell€195,191	Raymond Polman	Individual	10,000	€19.52
06 Jan 26	Sell€166,824	Michael Deal	Individual	11,376	€15.84
09 Dec 25	Sell€11,441	Gonzalo Mercado	Individual	920	€12.44
09 Dec 25	Sell€360,430	Amar Parmar	Individual	27,500	€13.11
08 Dec 25	Sell€45,230	Edward Kirwan	Individual	3,591	€12.60
08 Dec 25	Sell€16,604	Cory Anderson	Individual	1,281	€12.96
14 Nov 25	Buy€54,446	Steven Holmes	Individual	5,000	€10.89
21 Oct 25	Buy€64,153	Keith Neumeyer	Individual	5,800	€11.06
15 Oct 25	Sell€2,804,043	Keith Neumeyer	Individual	225,000	€12.46

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of FMV?
Owner Type	Number of Shares	Ownership Percentage
State or Government	0	0%
Individual Insiders	5,326,180	1.08%
Institutions	237,713,880	48.2%
General Public	249,866,323	50.7%

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

Top Shareholders

Top 25 shareholders own 35.89% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.24%	Van Eck Associates Corporation	35,668,213	€625.6m	-6.17%	0.35%
3.99%	Tidal Investments LLC	19,678,915	€345.2m	-6.56%	0.86%
3.61%	Vanguard Capital Management, LLC	17,808,764	€312.4m	1.85%	0.01%
3.32%	Mirae Asset Global Investments Co., Ltd.	16,363,904	€287.0m	-11.5%	0.16%
2.08%	Jupiter Fund Management Plc	10,228,905	€179.4m	17.3%	0.43%
1.87%	ALPS Advisors, Inc.	9,207,971	€161.5m	-10.8%	0.68%
1.61%	Citadel Advisors LLC	7,953,975	€139.5m	112%	0.09%
1.44%	Morgan Stanley	7,076,143	€124.1m	55.6%	0.01%
1.08%	Lingotto Investment Management LLP	5,334,603	€93.6m	-46.7%	0.18%
0.95%	Keith Neumeyer	4,698,629	€82.4m	-0.72%	no data
0.84%	Baker Steel Capital Managers LLP	4,152,300	€72.8m	0%	4.21%
0.77%	BMO Asset Management Corp.	3,800,996	€66.7m	77.4%	0.02%
0.71%	Dimensional Fund Advisors LP	3,522,984	€61.8m	32.7%	0.01%
0.71%	Manulife Asset Management	3,516,832	€61.7m	63.9%	0.04%
0.69%	The Toronto-Dominion Bank	3,415,769	€59.9m	257%	0.06%
0.63%	Renaissance Technologies LLC	3,092,824	€54.3m	5.85%	0.08%
0.59%	The Goldman Sachs Group, Inc.	2,906,913	€51.0m	84.4%	0.01%
0.58%	Bank of America Corporation	2,856,261	€50.1m	-42.7%	0.01%
0.54%	Teacher Retirement System of Texas	2,653,148	€46.5m	-43.9%	0.13%
0.47%	Susquehanna International Group, LLP	2,325,213	€40.8m	-50.2%	0.04%
0.45%	Connor, Clark & Lunn Investment Management Ltd.	2,236,001	€39.2m	25.2%	0.08%
0.44%	TD Asset Management, Inc.	2,184,061	€38.3m	2.13%	0.03%
0.44%	Marshall Wace LLP	2,166,292	€38.0m	1,200%	0.04%
0.42%	Vanguard Global Advisers, LLC	2,094,612	€36.7m	7.08%	0.02%
0.4%	Barclays PLC	1,982,569	€34.8m	1,230%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/20 05:21
End of Day Share Price	2026/09/18 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

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.

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 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 Github.

Analyst Sources

First Majestic Silver Corp. is covered by 19 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
Richard Gray	ATB Cormark
Richard Gray	ATB Cormark Historical (Cormark Securities)
Kevin O'Halloran	BMO Capital Markets Equity Research