Red Cat Holdings Ownership

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

Recent Insider Transactions

DB:BQ73 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
30 Dec 24	Sell€1,037,820	Nicholas Liuzza	Individual	80,000	€12.97
30 Dec 24	Sell€651,866	Joseph Freedman	Individual	50,000	€13.72
26 Dec 24	Sell€2,344,667	Jeffrey Thompson	Individual	209,456	€13.41
26 Dec 24	Sell€2,341,352	Nicholas Liuzza	Individual	220,000	€13.37
26 Dec 24	Sell€5,077,075	George Matus	Individual	381,584	€14.09
20 Dec 24	Sell€497,699	Joseph Freedman	Individual	52,228	€9.60
20 Dec 24	Sell€2,739,747	George Matus	Individual	287,113	€9.54
20 Dec 24	Sell€799,554	Geoffrey Hitchcock	Individual	82,137	€9.73
18 Dec 24	Sell€989,333	George Matus	Individual	112,686	€8.78
18 Dec 24	Sell€1,841,013	Nicholas Liuzza	Individual	228,928	€8.04
18 Dec 24	Sell€4,768,828	Leah Lunger	Individual	524,798	€9.10

Insider Trading Volume

Insider Buying: BQ73 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BQ73?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	16,601,147	20.7%
Institutions	28,996,982	36.2%
General Public	34,562,653	43.1%

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

Top Shareholders

Top 25 shareholders own 54.1% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.2%	Jeffrey Thompson	13,014,449	€57.4m	5.88%	no data
15.5%	Waddell & Associates, LLC	12,423,587	€54.7m	0%	7.52%
3.13%	The Vanguard Group, Inc.	2,505,613	€11.0m	9.04%	no data
2.7%	Susquehanna International Group, LLP, Asset Management Arm	2,166,817	€9.5m	229%	0.02%
2.54%	State Street Global Advisors, Inc.	2,036,159	€9.0m	817%	no data
2.24%	AWM Investment Company Inc	1,797,674	€7.9m	-60.2%	1.39%
1.67%	Allan Evans	1,337,734	€5.9m	0%	no data
1.66%	BlackRock, Inc.	1,328,629	€5.9m	142%	no data
1.12%	Pelion, Inc	898,278	€4.0m	0%	6.23%
0.81%	Apis Capital Advisors, LLC	650,000	€2.9m	61.7%	2.47%
0.75%	Geode Capital Management, LLC	602,596	€2.7m	1.79%	no data
0.75%	Qube Research & Technologies Ltd	599,322	€2.6m	2,340%	0.01%
0.7%	Geoffrey Hitchcock	558,325	€2.5m	0%	no data
0.64%	Rockefeller & Co. LLC	515,769	€2.3m	0%	0.01%
0.59%	Joseph Hernon	469,048	€2.1m	0%	no data
0.48%	Nicholas Liuzza	381,072	€1.7m	-62.5%	no data
0.42%	Joseph Freedman	335,190	€1.5m	21.7%	no data
0.41%	CapFinancial Partners, LLC, Asset Management Arm	331,635	€1.5m	0%	0.01%
0.38%	George Matus	304,406	€1.3m	-71.9%	no data
0.33%	Jane Street Group, LLC, Asset Management Arm	264,457	€1.2m	2,020%	no data
0.29%	Morgan Stanley, Investment Banking and Brokerage Investments	228,570	€1.0m	2,210%	no data
0.26%	Goldman Sachs Group, Investment Banking and Securities Investments	206,765	€911.2k	0%	no data
0.17%	Mirae Asset Global Investments Co., Ltd.	140,164	€617.6k	0%	no data
0.17%	Christopher Moe	139,906	€616.5k	0%	no data
0.17%	OMERS Administration Corporation	133,400	€587.9k	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/11 23:26
End of Day Share Price	2025/03/11 00:00
Earnings	2024/10/31
Annual Earnings	2024/04/30

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

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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

Red Cat Holdings, Inc. is covered by 2 analysts. 1 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
Glenn Mattson	Ladenburg Thalmann & Company
Ashok Kumar	ThinkEquity LLC