Thule Group Ownership

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

Recent Insider Transactions

BATS-CHIXE:THULES Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Mar 26	BuySEK 107,200	Catharina Paulcén	Individual	500	SEK 214.40
13 Mar 26	BuySEK 730,800	Mattias Ankarberg	Individual	3,500	SEK 208.80
13 Mar 26	BuySEK 500,448	Toby Lawton	Individual	2,400	SEK 208.52
13 Mar 26	BuySEK 182,628	Karl-Johan Magnusson	Individual	855	SEK 213.60
10 Feb 26	BuySEK 267,840	Paul Gustavsson	Individual	1,080	SEK 248.00
27 Oct 25	BuySEK 304,320	Toby Lawton	Individual	1,200	SEK 253.60
02 May 25	BuySEK 100,350	Karl-Johan Magnusson	Individual	450	SEK 223.00
30 Apr 25	BuySEK 99,000	Karl-Johan Magnusson	Individual	450	SEK 220.00
29 Apr 25	BuySEK 1,041,300	Johan Westman	Individual	4,500	SEK 231.40
29 Apr 25	BuySEK 3,687,665	Toby Lawton	Individual	16,250	SEK 231.40
29 Apr 25	BuySEK 1,987,705	Anders Jensen	Individual	8,600	SEK 231.13

Insider Trading Volume

Insider Buying: THULES insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of THULES?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	177,315	0.164%
General Public	42,241,494	39.2%
Institutions	65,419,353	60.7%

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

Top Shareholders

Top 25 shareholders own 58.64% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.9%	AMF Fonder AB	12,832,741	SEK 2.7b	0%	0.72%
6.8%	Handelsbanken Asset Management	7,332,995	SEK 1.6b	0%	0.28%
6.3%	Swedbank Robur Fonder AB	6,793,804	SEK 1.4b	0%	0.1%
5.2%	Alecta Pensionsförsäkring, ömsesidigt	5,607,584	SEK 1.2b	0%	0.29%
3.62%	The Vanguard Group, Inc.	3,907,822	SEK 826.9m	0%	no data
3.59%	ODIN Forvaltning AS	3,872,024	SEK 819.3m	0%	2.73%
3.55%	Columbia Management Investment Advisers, LLC	3,832,246	SEK 810.9m	0%	0.02%
3.35%	SEB Investment Management AB	3,617,184	SEK 765.4m	0%	0.13%
3.28%	Nordea Investment Management, AB	3,538,344	SEK 748.7m	0%	0.04%
2.01%	Norges Bank Investment Management	2,172,683	SEK 459.7m	0%	no data
1.79%	BlackRock, Inc.	1,932,042	SEK 408.8m	2.32%	no data
1.68%	Financiere de l'Echiquier	1,811,996	SEK 383.4m	0%	0.32%
0.74%	Aberdeen Group Plc	793,599	SEK 167.9m	0%	0.01%
0.68%	Montanaro Asset Management Ltd.	736,936	SEK 155.9m	0%	0.9%
0.54%	DNCA Finance	581,671	SEK 123.1m	0%	0.15%
0.47%	Deutsche Asset & Wealth Management	502,115	SEK 106.2m	0%	no data
0.43%	Schroder Investment Management Limited	464,347	SEK 98.3m	0%	no data
0.42%	Dimensional Fund Advisors LP	452,845	SEK 95.8m	0%	no data
0.38%	Goldman Sachs Asset Management, L.P.	412,619	SEK 87.3m	-0.49%	no data
0.37%	Massachusetts Financial Services Company	395,546	SEK 83.7m	12.8%	no data
0.36%	Candriam, Société En Commandite Par Actions	388,865	SEK 82.3m	0%	0.02%
0.33%	UBS Asset Management AG	354,275	SEK 75.0m	0%	no data
0.29%	Charles Schwab Investment Management, Inc.	309,698	SEK 65.5m	-0.85%	no data
0.28%	Amundi Asset Management SAS	302,384	SEK 64.0m	0%	no data
0.27%	KBC Asset Management NV	293,082	SEK 62.0m	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/15 16:36
End of Day Share Price	2026/03/13 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

Thule Group AB (publ) is covered by 15 analysts. 7 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
null null	ABG Sundal Collier
Lars Topholm	Carnegie Investment Bank AB
Daniel Schmidt	Danske Bank