Telenor ASA

BATS-CHIXE:TELO Stock Report

Market Cap: NOK 226.1b

Telenor Ownership

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

Recent Insider Transactions

BATS-CHIXE:TELO Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
19 Feb 26BuyNOK 597,176Marianne DahlIndividual3,436NOK 173.80
06 Feb 26BuyNOK 1,720,000Ottar ErtzeidIndividual10,000NOK 172.00
21 Nov 25BuyNOK 217,200Benedicte FasmerIndividual1,500NOK 144.80
20 Nov 25BuyNOK 249,924Torbjorn WistIndividual1,738NOK 143.80

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of TELO?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders296,5540.0217%
General Public192,635,28114.1%
Institutions437,746,27832%
State or Government738,432,90053.9%

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

Top Shareholders

Top 25 shareholders own 81.85% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
53.9%
Nærings- Og Fiskeridepartementet
738,432,900NOK 121.9b0%no data
6.89%
State Street Global Advisors, Inc.
94,382,659NOK 15.6b0%0.05%
4.73%
Folketrygdfondet
64,695,282NOK 10.7b0%5.7%
2.13%
JPMorgan Chase & Co.
29,117,620NOK 4.8b0%0.08%
2.05%
The Vanguard Group, Inc.
28,132,946NOK 4.6b1.37%0.01%
1.78%
BlackRock, Inc.
24,422,544NOK 4.0b0.77%0.01%
0.96%
DNB Asset Management AS
13,115,303NOK 2.2b0%0.6%
0.95%
BNY Asset Management
12,985,760NOK 2.1b0%0.04%
0.91%
Storebrand Asset Management AS
12,483,298NOK 2.1b0%4.98%
0.89%
Amova Asset Management Co., Ltd.
12,217,793NOK 2.0b0%0.06%
0.8%
Union Asset Management Holding AG
10,989,865NOK 1.8b0%0.12%
0.61%
Amundi Asset Management SAS
8,399,054NOK 1.4b0.49%0.02%
0.57%
La Caisse de dépôt et placement du Québec
7,809,783NOK 1.3b0%0.13%
0.55%
KLP Kapitalforvaltning AS
7,559,837NOK 1.2b0%0.33%
0.5%
SIX Group Ltd
6,828,358NOK 1.1b0%20.94%
0.49%
Deka Investment GmbH
6,720,463NOK 1.1b0%0.08%
0.49%
Aberdeen Group Plc
6,696,438NOK 1.1b4.69%0.06%
0.46%
Deutsche Asset & Wealth Management
6,289,464NOK 1.0b0%0.03%
0.41%
JP Morgan Asset Management
5,644,123NOK 932.0m9.74%0.01%
0.36%
Nordea Investment Management, AB
4,991,014NOK 824.1m0%0.05%
0.35%
Geode Capital Management, LLC
4,739,096NOK 782.5m1.11%no data
0.32%
UBS Asset Management AG
4,324,280NOK 714.0m14.2%0.01%
0.3%
Charles Schwab Investment Management, Inc.
4,095,734NOK 676.3m10.4%0.01%
0.22%
Janus Henderson Group plc
3,005,648NOK 496.3m-9.01%0.02%
0.19%
Fidelity International Ltd
2,578,986NOK 425.8m57.5%0.02%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/14 07:03
End of Day Share Price 2026/04/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Telenor ASA is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
William Noel MilnerArete Research Services LLP
John DaviesBanco Santander