Millicom International Cellular Ownership

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

Recent Insider Transactions

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 M4M1?
Owner Type	Number of Shares	Ownership Percentage
General Public	49,266,547	28.7%
Institutions	52,130,899	30.4%
Individual Insiders	70,099,963	40.9%

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

Top Shareholders

Top 25 shareholders own 67.58% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
40.4%	Xavier Bruno Niel	69,236,111	€1.7b	0%	no data
5.06%	Dodge & Cox	8,674,932	€213.1m	0%	0.07%
3.02%	Brandes Investment Partners, LP	5,185,780	€127.4m	-0.06%	0.9%
2.69%	Swedbank Robur Fonder AB	4,607,907	€113.2m	0%	0.09%
2.48%	Nordea Investment Management, AB	4,259,823	€104.6m	0.01%	0.08%
2.31%	E. Öhman J:or Wealth Management	3,968,500	€97.5m	0%	0.7%
1.68%	Fourth Swedish National Pension Fund (AP4)	2,888,236	€70.9m	0%	0.32%
1.4%	Indecap Fonder Ab	2,396,729	€58.9m	0%	2.34%
1.11%	Dimensional Fund Advisors LP	1,905,131	€46.8m	-28.6%	0.01%
1.06%	Southeastern Asset Management, Inc.	1,821,222	€44.7m	0%	1.49%
0.97%	Handelsbanken Asset Management	1,659,287	€40.8m	0%	0.07%
0.8%	GAMCO Investors, Inc.	1,366,270	€33.6m	-9.17%	0.14%
0.6%	Lansforsakringar Fondforvaltning AB	1,032,763	€25.4m	0%	0.1%
0.56%	Skagen AS	962,897	€23.7m	0%	0.37%
0.48%	SEB Investment Management AB	827,011	€20.3m	-36.8%	0.04%
0.4%	Storebrand Fonder AB,	693,041	€17.0m	0%	0.06%
0.39%	Lombard Odier Asset Management (Europe) Ltd.	665,000	€16.3m	0%	0.29%
0.33%	Carnegie Fonder AB	558,677	€13.7m	0%	0.26%
0.32%	Victory Capital Management Inc.	555,723	€13.7m	0%	0.01%
0.3%	LB Partners LLC	511,923	€12.6m	1.98%	10.84%
0.28%	Fidelity International Ltd	478,844	€11.8m	0%	0.01%
0.27%	Mauricio Ramos Borrero	459,948	€11.3m	0%	no data
0.25%	Storebrand Asset Management AS	436,995	€10.7m	0%	0.42%
0.23%	The Renaissance Group LLC	387,409	€9.5m	161%	0.41%
0.21%	Tredje AP-fonden	354,985	€8.7m	0%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/11/20 14:01
End of Day Share Price	2024/08/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Millicom International Cellular S.A. is covered by 37 analysts. 11 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
Peter Nielsen	ABG Sundal Collier
Jean-Michel Salvador	AlphaValue
Mathieu Robilliard	Barclays