Telephone and Data Systems Ownership

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

Recent Insider Transactions

DB:TDA1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Nov 25	Sell€575,004	Anita Kroll	Individual	17,087	€33.77
20 Aug 25	Sell€80,627	Anita Kroll	Individual	2,405	€33.52
18 Aug 25	Sell€1,295,518	Joseph Hanley	Individual	39,617	€32.70
18 Aug 25	Sell€146,892	Prudence Carlson	Individual	4,452	€32.99
18 Aug 25	Sell€880,547	Vicki Villacrez	Individual	26,334	€33.44
15 Aug 25	Sell€2,415,066	Vicki Villacrez	Individual	73,185	€33.20
14 Aug 25	Sell€206,391	Prudence Carlson	Individual	6,320	€32.66
13 Aug 25	Sell€419,567	Anita Kroll	Individual	12,595	€33.42
12 Aug 25	Sell€848,192	Christopher O'Leary	Individual	26,000	€32.62
12 Aug 25	Sell€435,640	Douglas Chambers	Individual	13,165.38	€33.09

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 TDA1?
Owner Type	Number of Shares	Ownership Percentage
State or Government	22,513	0.0196%
Hedge Funds	6,600,000	5.75%
Individual Insiders	12,660,174	11%
Institutions	95,468,799	83.2%

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

Top Shareholders

Top 25 shareholders own 75.32% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.1%	BlackRock, Inc.	14,920,890	€500.2m	0.34%	0.01%
5.8%	Third Point LLC	6,600,000	€221.3m	-1.12%	10.03%
5.69%	Dimensional Fund Advisors LP	6,482,147	€217.3m	1.41%	0.03%
5.5%	Vanguard Portfolio Management, LLC	6,256,295	€209.7m	0%	0.01%
4.73%	LeRoy Carlson	5,388,180	€180.6m	10.4%	no data
4.06%	Carronade Capital Management, LP	4,623,934	€155.0m	10%	13.51%
3.78%	Vanguard Capital Management, LLC	4,304,742	€144.3m	0%	no data
3.77%	Brookfield Corporation	4,292,243	€143.9m	16.4%	0.18%
3.68%	State Street Global Advisors, Inc.	4,191,440	€140.5m	3.51%	no data
3.24%	American Century Investment Management Inc	3,688,614	€123.7m	3.47%	0.05%
2.66%	GAMCO Investors, Inc.	3,025,011	€101.4m	-3.34%	0.41%
2.11%	Geode Capital Management, LLC	2,404,511	€80.6m	-0.46%	no data
2.06%	Walter Carlson	2,349,241	€78.8m	-51%	no data
1.9%	Prudence Carlson	2,161,584	€72.5m	-47.4%	no data
1.88%	Letitia G. Carlson	2,145,041	€71.9m	-49.4%	no data
1.62%	Rubric Capital Management LP	1,850,000	€62.0m	0%	0.8%
1.36%	The Goldman Sachs Group, Inc.	1,550,448	€52.0m	-12.4%	0.02%
1.24%	Davidson Kempner Capital Management LP	1,411,700	€47.3m	0%	2.01%
1.17%	140 Summer Partners LP	1,336,731	€44.8m	1.63%	3.73%
1.12%	Redwood Capital Management, LLC	1,275,282	€42.8m	45.5%	6.6%
1.1%	Qube Research & Technologies Ltd	1,249,999	€41.9m	-2.52%	0.07%
1%	Charles Schwab Investment Management, Inc.	1,137,108	€38.1m	0.61%	0.01%
0.94%	UBS Asset Management AG	1,073,840	€36.0m	-7.85%	no data
0.91%	Northern Trust Global Investments	1,038,855	€34.8m	4.06%	no data
0.87%	Eaton Vance Management	988,345	€33.1m	-0.42%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/31 09:38
End of Day Share Price	2026/05/29 00:00
Earnings	2026/03/31
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

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Industry and Sector Metrics

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Analyst Sources

Telephone and Data Systems, Inc. is covered by 9 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
William Power	Baird
Zachary Silver	B. Riley Securities, Inc.
Michael Rollins	Citigroup Inc