Trainline 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 TRN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	0	0%
Private Companies	164,824	0.0374%
Individual Insiders	673,700	0.153%
Public Companies	990,458	0.225%
Employee Share Scheme	15,421,811	3.5%
Institutions	423,890,781	96.1%

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

Top Shareholders

Top 25 shareholders own 79.2% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.51%	BlackRock, Inc.	37,026,305	UK£136.8m	48.1%	no data
7.64%	Baillie Gifford & Co.	33,273,962	UK£122.9m	-17.7%	0.06%
7.3%	Fidelity International Ltd	31,796,489	UK£117.5m	0.23%	0.06%
6.49%	Invesco Ltd.	28,249,459	UK£104.4m	-7.5%	0.03%
5.58%	The Vanguard Group, Inc.	24,269,771	UK£89.7m	3.98%	no data
5.16%	JP Morgan Asset Management	22,445,692	UK£82.9m	-4.27%	0.01%
3.54%	Trainline Plc., Employee Benefit Trust	15,421,811	UK£57.0m	8.25%	no data
3.44%	Barclays Bank PLC, Securities Investments	14,996,141	UK£55.4m	40.2%	0.07%
3.13%	Artisan Partners Limited Partnership	13,630,374	UK£50.4m	-4.01%	0.04%
2.78%	Capital Research and Management Company	12,080,878	UK£44.6m	-37.9%	no data
2.68%	Liontrust Asset Management PLC	11,684,157	UK£43.2m	-34.9%	0.21%
2.28%	Aegon Asset Management UK Plc	9,917,290	UK£36.6m	29.6%	0.22%
2.15%	Skandinaviska Enskilda Banken AB, Private Banking, Investment Banking, and Insurance Arm	9,339,805	UK£34.5m	10.1%	0.53%
2.13%	AXA Investment Managers S.A.	9,273,200	UK£34.3m	-31.1%	0.07%
2.02%	Legal & General Investment Management Limited	8,806,775	UK£32.5m	-8%	0.01%
2%	Wellington Management Group LLP	8,713,003	UK£32.2m	17.7%	0.01%
1.82%	Norges Bank Investment Management	7,903,209	UK£29.2m	-3.3%	no data
1.8%	Societe Generale Group, Banking Investments	7,840,461	UK£29.0m	243%	0.2%
1.63%	Natixis, Investment Banking and Corporate Banking Investments	7,105,472	UK£26.3m	19.9%	0.13%
1.56%	Janus Henderson Group plc	6,805,988	UK£25.1m	1.15%	0.01%
1.29%	KPS Capital Partners, LP	5,610,979	UK£20.7m	200%	28.65%
1.2%	Swedbank Robur Fonder AB	5,217,000	UK£19.3m	0%	0.01%
1.1%	Jupiter Fund Management Plc	4,801,651	UK£17.7m	-6.89%	0.06%
1.01%	Royal London Asset Management Ltd.	4,405,152	UK£16.3m	7.18%	0.02%
0.96%	abrdn plc	4,163,543	UK£15.4m	9.04%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/25 01:16
End of Day Share Price	2025/01/24 00:00
Earnings	2024/08/31
Annual Earnings	2024/02/29

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

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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 .

Analyst Sources

Trainline Plc is covered by 22 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
Andrew Ross	Barclays
Owen Shirley	Berenberg
Ciaran Donnelly	Berenberg