Demant Ownership

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

Recent Insider Transactions

BATS-CHIXE:DEMANC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
08 Jan 25	BuyDKK 108,393	Søren Nielsen	Individual		386	DKK 280.81

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 DEMANC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	946,670	0.444%
General Public	62,527,121	29.4%
Institutions	149,540,528	70.2%

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

Top Shareholders

Top 25 shareholders own 68.22% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
56%	William Demant Invest A/S	119,288,019	DKK 26.1b	0%	64.28%
1.71%	The Vanguard Group, Inc.	3,637,169	DKK 795.1m	0.3%	no data
1.59%	BlackRock, Inc.	3,381,247	DKK 739.1m	1.12%	no data
1.03%	Handelsbanken Asset Management	2,195,596	DKK 480.0m	0%	0.1%
0.84%	Norges Bank Investment Management	1,796,434	DKK 392.7m	0%	no data
0.78%	Bi Asset Management FondsmÆGlerselskab A/S	1,659,396	DKK 362.7m	0%	0.35%
0.71%	Dimensional Fund Advisors LP	1,518,677	DKK 332.0m	1.26%	0.01%
0.7%	FMR LLC	1,482,514	DKK 324.1m	-0.02%	no data
0.6%	Carmignac Gestion SA	1,268,307	DKK 277.3m	0%	0.3%
0.52%	Nordea Investment Management, AB	1,105,166	DKK 241.6m	0%	0.02%
0.49%	Baillie Gifford & Co.	1,050,414	DKK 229.6m	-0.57%	0.02%
0.38%	Niels Jacobsen	801,340	DKK 175.2m	0%	no data
0.3%	Geode Capital Management, LLC	634,812	DKK 138.8m	0.63%	no data
0.28%	Swedbank Robur Fonder AB	587,411	DKK 128.4m	0%	0.01%
0.27%	Marathon Asset Management Limited	579,631	DKK 126.7m	-1.15%	0.12%
0.25%	ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg	525,921	DKK 115.0m	0%	0.13%
0.25%	Nykredit Asset Management A/S	523,165	DKK 114.4m	0%	0.24%
0.24%	BLS Capital Fondsmaeglerselskab A/S	504,630	DKK 110.3m	0%	0.34%
0.23%	Amundi Asset Management SAS	487,012	DKK 106.5m	0%	no data
0.21%	Danske Capital Denmark	449,601	DKK 98.3m	0%	0.08%
0.19%	MIV Asset Management AG	410,000	DKK 89.6m	0%	0.54%
0.19%	GAMCO Investors, Inc.	403,000	DKK 88.1m	0%	0.05%
0.16%	Pzena Investment Management, Inc.	351,200	DKK 76.8m	0%	0.02%
0.16%	J O Hambro Capital Management Limited	343,000	DKK 75.0m	0%	0.1%
0.16%	Deutsche Asset & Wealth Management	335,164	DKK 73.3m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/27 00:42
End of Day Share Price	2025/11/25 00:00
Earnings	2025/06/30
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

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

Demant A/S is covered by 40 analysts. 17 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
Edward Ridley-Day	Barclays
Hassan Al-Wakeel	Barclays