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: TDA1 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TDA1?
Owner Type	Number of Shares	Ownership Percentage
State or Government	28,874	0.0239%
Hedge Funds	6,707,274	5.56%
Individual Insiders	15,872,869	13.1%
Institutions	98,123,060	81.3%

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

Top Shareholders

Top 25 shareholders own 77.47% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.9%	BlackRock, Inc.	14,865,861	€571.4m	-3.52%	0.01%
9.84%	The Vanguard Group, Inc.	11,375,121	€437.3m	-1.06%	0.01%
5.8%	Third Point LLC	6,707,274	€257.8m	-0.26%	3.67%
5.44%	Dimensional Fund Advisors LP	6,290,568	€241.8m	-0.11%	0.04%
4.22%	LeRoy Carlson	4,879,991	€187.6m	-0.08%	no data
3.56%	Prudence Carlson	4,113,375	€158.1m	-0.26%	no data
3.45%	State Street Global Advisors, Inc.	3,990,946	€153.4m	0.44%	0.01%
3.19%	Brookfield Corporation	3,688,386	€141.8m	0%	0.19%
3.19%	Carronade Capital Management, LP	3,680,500	€141.5m	8.49%	17.96%
3.13%	American Century Investment Management Inc	3,611,046	€138.8m	0.09%	0.06%
2.89%	Walter Carlson	3,337,589	€128.3m	-30.3%	no data
2.71%	GAMCO Investors, Inc.	3,129,526	€120.3m	-2.71%	0.49%
2.42%	Letitia G. Carlson	2,791,876	€107.3m	-34.1%	no data
2.03%	Geode Capital Management, LLC	2,348,739	€90.3m	1.08%	0.01%
1.96%	The Goldman Sachs Group, Inc.	2,261,748	€86.9m	0%	0.04%
1.38%	Rubric Capital Management LP	1,600,000	€61.5m	0%	0.88%
1.22%	Davidson Kempner Capital Management LP	1,411,700	€54.3m	0%	2.6%
1.2%	Foursixthree Capital LP	1,383,499	€53.2m	-14.8%	15.7%
1.08%	140 Summer Partners LP	1,249,158	€48.0m	-24.1%	4.07%
1.03%	Columbia Management Investment Advisers, LLC	1,194,623	€45.9m	-10.6%	0.01%
1.01%	UBS Asset Management AG	1,162,873	€44.7m	-32.8%	no data
0.99%	Charles Schwab Investment Management, Inc.	1,145,603	€44.0m	0%	0.01%
0.97%	Qube Research & Technologies Ltd	1,121,227	€43.1m	-5.83%	0.07%
0.96%	Invesco Capital Management LLC	1,104,470	€42.5m	27.6%	0.01%
0.92%	Morgan Stanley	1,066,508	€41.0m	18.3%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/09 17:06
End of Day Share Price	2026/02/09 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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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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

Telephone and Data Systems, Inc. is covered by 10 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