Gubra Ownership

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

Recent Insider Transactions

DB:PI3 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Jun 26	Buy€6,618	Kristian Borbos	Individual	138	€47.96
10 Jun 26	Sell€113,528	Kristian Borbos	Individual	2,500	€45.41
08 May 26	Buy€61,276	Niels Vrang	Individual	1,425	€43.00
02 Mar 26	Buy€1,021,147	Niels Vrang	Individual	20,000	€51.06
17 Dec 25	Buy€653,117	Niels Vrang	Individual	10,000	€65.31
10 Nov 25	Buy€2,007,023	Jacob Jelsing	Individual	38,792	€52.23
07 Nov 25	Buy€19,933	Monika Lessl	Individual	379	€52.59

Insider Trading Volume

Insider Buying: PI3 insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of PI3?
Owner Type	Number of Shares	Ownership Percentage
Institutions	2,076,332	12.7%
General Public	4,179,883	25.6%
Individual Insiders	10,076,817	61.7%

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

Top Shareholders

Top 25 shareholders own 74.68% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
30.8%	Niels Vrang	5,033,422	€220.9m	0.03%	no data
27.8%	Jacob Jelsing	4,540,294	€199.2m	0%	no data
4.94%	Capital Research and Management Company	807,220	€35.4m	-15.9%	no data
3.47%	Arbejdsmarkedets Tillægspension (Atp)	566,500	€24.9m	0%	0.14%
2.84%	Henrik Blou	464,408	€20.4m	0%	no data
1.19%	Vanguard Capital Management, LLC	194,395	€8.5m	0%	no data
1.02%	FMR LLC	166,133	€7.3m	-2.16%	no data
0.63%	BlackRock, Inc.	103,348	€4.5m	8.13%	no data
0.35%	Vanguard Fiduciary Trust Company	56,583	€2.5m	0%	no data
0.34%	Schroder Investment Management Limited	55,000	€2.4m	0%	no data
0.33%	Danske Bank A/S	54,106	€2.4m	0%	0.01%
0.13%	Goldman Sachs Asset Management, L.P.	21,364	€937.4k	-3.85%	no data
0.13%	Kristian Borbos	20,930	€918.4k	575%	no data
0.12%	Exchange Traded Concepts, LLC	19,705	€864.7k	-13.3%	no data
0.09%	Deutsche Asset & Wealth Management	14,696	€644.9k	0%	no data
0.087%	KLP Kapitalforvaltning AS	14,246	€625.1k	-2.66%	no data
0.085%	Charles Schwab Investment Management, Inc.	13,956	€612.4k	4.68%	no data
0.064%	State Street Global Advisors, Inc.	10,373	€455.2k	25.4%	no data
0.054%	Franklin Resources, Inc.	8,806	€386.4k	0%	no data
0.037%	Amundi Asset Management SAS	6,024	€264.3k	0%	no data
0.034%	Markus Rohrwild	5,612	€246.2k	30.5%	no data
0.033%	Dimensional Fund Advisors LP	5,438	€238.6k	0.02%	no data
0.033%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	5,345	€234.6k	0%	no data
0.03%	Laiqon AG	4,850	€212.8k	0%	0.78%
0.029%	Kairos Partners SGR SpA	4,700	€206.3k	0%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/06 05:47
End of Day Share Price	2026/07/03 00:00
Earnings	2025/12/31
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 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 Github.

Analyst Sources

Gubra A/S is covered by 3 analysts. 2 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
Rune Dahl	DNB Carnegie
Jesper Ilsøe	DNB Carnegie
Rajan Sharma	Goldman Sachs