Grid Dynamics Holdings Ownership

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

Recent Insider Transactions

DB:47E Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
15 Dec 25	Sell€24,871	Shuo Zhang	Individual	3,000	€8.29
05 Dec 25	Sell€207,593	Yury Gryzlov	Individual	25,000	€8.30
21 Aug 25	Sell€910	Leonard Livschitz	Individual	132	€6.90
21 May 25	Sell€1,806	Leonard Livschitz	Individual	155	€11.65

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 47E?
Owner Type	Number of Shares	Ownership Percentage
State or Government	14,374	0.0166%
Individual Insiders	5,148,474	5.95%
Public Companies	13,889,183	16%
Institutions	67,541,785	78%

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

Top Shareholders

Top 25 shareholders own 81.13% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.3%	Beijing Teamsun Technology Co.,Ltd.	13,889,183	€71.7m	0%	no data
13.9%	BlackRock, Inc.	11,824,534	€61.1m	7.42%	no data
6.95%	The Vanguard Group, Inc.	5,920,753	€30.6m	4.96%	no data
4.5%	Fourth Sail Capital LP	3,827,968	€19.8m	36.2%	2.03%
4.44%	Alyeska Investment Group, L.P.	3,782,506	€19.5m	-11.9%	0.07%
3.52%	Baron Capital Group, Inc.	3,000,322	€15.5m	0%	0.05%
3.3%	Leonard Livschitz	2,805,893	€14.5m	12.6%	no data
3.24%	State Street Global Advisors, Inc.	2,761,456	€14.3m	-2.57%	no data
2.79%	AllianceBernstein L.P.	2,376,794	€12.3m	27.1%	no data
2.77%	Wellington Management Group LLP	2,356,779	€12.2m	20.8%	no data
2.08%	Dimensional Fund Advisors LP	1,770,624	€9.1m	-10.8%	no data
2.05%	Riverbridge Partners, LLC	1,745,967	€9.0m	-13%	0.21%
1.91%	Geode Capital Management, LLC	1,624,533	€8.4m	2.72%	no data
1.47%	RBC Global Asset Management Inc.	1,250,200	€6.5m	-3.48%	no data
1.38%	Frontier Capital Management Co LLC	1,171,806	€6.1m	8.17%	0.07%
1.35%	Morgan Stanley	1,152,815	€6.0m	-9.42%	no data
1.26%	T. Rowe Price Group, Inc.	1,069,754	€5.5m	2,050%	no data
1.22%	Focus Partners Wealth, LLC	1,038,284	€5.4m	0.15%	0.01%
1.17%	Lloyd Carney	997,173	€5.2m	0.47%	no data
1.08%	Summit Creek Advisors, LLC	923,757	€4.8m	27.5%	1.0%
0.97%	Northern Trust Global Investments	827,119	€4.3m	-0.24%	no data
0.95%	1492 Capital Management, LLC	809,951	€4.2m	40.8%	1.85%
0.95%	Columbia Management Investment Advisers, LLC	808,519	€4.2m	-5.09%	no data
0.8%	Charles Schwab Investment Management, Inc.	684,267	€3.5m	18.5%	no data
0.78%	Royce & Associates, LP	661,131	€3.4m	0%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/20 04:56
End of Day Share Price	2026/03/20 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

Grid Dynamics Holdings, Inc. is covered by 10 analysts. 6 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
Joseph Vafi	Canaccord Genuity
Ryan Potter	Citigroup Inc
Surinder Thind	Jefferies LLC