Karnov Group Ownership

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

Recent Insider Transactions

DB:3UA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
09 Dec 24	Buy€968,759	Edward Keith	Individual	136,759	€7.08
09 Dec 24	Sell€938,323	Edward Keith	Individual	132,452	€7.08
21 Aug 24	Buy€84,499	Pontus Bodelsson	Individual	12,000	€7.04
28 Jun 24	Buy€12,400	Pontus Bodelsson	Individual	2,000	€6.20
10 Jan 24	Buy€74,196	Pontus Bodelsson	Individual	15,000	€4.95

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of 3UA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	967,112	0.897%
Hedge Funds	5,487,424	5.09%
VC/PE Firms	6,403,546	5.94%
General Public	23,124,437	21.4%
Institutions	71,893,626	66.6%

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

Top Shareholders

Top 25 shareholders own 74.25% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.89%	Invesco Ltd.	10,669,657	€78.3m	-3.1%	0.02%
9.16%	Carnegie Fonder AB	9,877,992	€72.5m	147%	0.75%
7.09%	Swedbank Robur Fonder AB	7,653,207	€56.2m	0%	0.04%
6.49%	Carnegie Fund Services SA	7,000,000	€51.4m	0%	100.0%
5.94%	Greenoaks Capital Partners LLC	6,403,546	€47.0m	0%	1.45%
5.09%	Anabranch Capital Management, LP	5,487,424	€40.3m	0%	16.62%
4.43%	M&G Investment Management Limited	4,774,509	€35.1m	0%	0.07%
3.71%	Janus Henderson Group plc	4,006,977	€29.4m	0%	0.01%
3.23%	Columbia Management Investment Advisers, LLC	3,488,466	€25.6m	0%	0.01%
2.51%	Fourth Swedish National Pension Fund (AP4)	2,707,435	€19.9m	0%	0.09%
2.01%	Amundi Asset Management SAS	2,168,915	€15.9m	2.78%	no data
1.77%	Sand Grove Capital Management LLP	1,906,633	€14.0m	0%	4.23%
1.51%	Threadneedle Asset Management Ltd	1,625,623	€11.9m	0%	0.48%
1.5%	Handelsbanken Asset Management	1,619,950	€11.9m	0%	0.02%
1.28%	Spiltan & Pelaro Fonder AB	1,375,600	€10.1m	0%	0.16%
1.11%	Catella Fondförvaltning AB	1,202,761	€8.8m	0%	3.27%
1.01%	Enter Fonder AB	1,091,812	€8.0m	0%	1.29%
0.99%	Fidelity International Ltd	1,065,946	€7.8m	0%	no data
0.91%	Massachusetts Financial Services Company	980,528	€7.2m	0%	no data
0.91%	Royce & Associates, LP	979,470	€7.2m	10.9%	0.06%
0.85%	Bronte Capital Management Pty Ltd	912,570	€6.7m	0%	0.38%
0.77%	Mandatum Asset Management Oy	830,609	€6.1m	0%	4.02%
0.74%	Nordea Investment Management, AB	796,888	€5.9m	0%	no data
0.72%	Dimensional Fund Advisors LP	778,337	€5.7m	-1.84%	no data
0.64%	SEB Investment Management AB	689,204	€5.1m	0.64%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/06 10:35
End of Day Share Price	2025/01/03 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

Karnov Group AB (publ) is covered by 4 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
Erik Moberg	Berenberg
Simon Jonsson	Berenberg
Daniel Ovin	Nordea Markets