Trend Micro 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 4704?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	6,989,000	5.33%
Hedge Funds	9,522,908	7.26%
General Public	35,532,558	27.1%
Institutions	79,143,171	60.3%

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

Top Shareholders

Top 25 shareholders own 67.12% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.64%	Nomura Asset Management Co., Ltd.	12,647,900	JP¥106.6b	11.5%	0.23%
8.75%	BlackRock, Inc.	11,477,803	JP¥96.7b	68%	0.01%
7.26%	ValueAct Capital Management, L.P.	9,522,908	JP¥80.2b	0%	7.88%
4.92%	Nikko Asset Management Co., Ltd.	6,450,500	JP¥54.4b	0.37%	0.12%
4.52%	Daiwa Asset Management Co., Ltd.	5,930,500	JP¥50.0b	-0.63%	0.22%
4.09%	Ming-Jang Chang	5,367,000	JP¥45.2b	0%	no data
3.84%	The Vanguard Group, Inc.	5,035,856	JP¥42.4b	0.36%	no data
2.7%	Mitsubishi UFJ Asset Management Co., Ltd.	3,538,200	JP¥29.8b	-1.58%	0.1%
2.42%	Sumitomo Mitsui Trust Asset Management Co., Ltd.	3,173,900	JP¥26.7b	2.31%	0.12%
2.19%	First Trust Advisors LP	2,870,620	JP¥24.2b	2.98%	0.13%
2.03%	Credit Suisse, Investment Banking and Securities Investments	2,662,000	JP¥22.4b	0%	5.26%
1.9%	Mitsubishi UFJ Trust and Banking Corporation, Asset Management Arm	2,495,500	JP¥21.0b	0.84%	0.15%
1.9%	Japan Securities Finance Co. Ltd., Asset Management Arm	2,488,000	JP¥21.0b	0%	2.49%
1.89%	Legal & General Investment Management Limited	2,482,397	JP¥20.9b	0.04%	0.02%
1.59%	GO ETF Solutions LLP	2,082,000	JP¥17.5b	0%	1.75%
1.42%	Norges Bank Investment Management	1,858,763	JP¥15.7b	0%	0.01%
1.1%	Eva Chen	1,449,000	JP¥12.2b	0%	no data
0.89%	Asset Management One Co., Ltd.	1,171,200	JP¥9.9b	-1.23%	0.07%
0.77%	Geode Capital Management, LLC	1,007,170	JP¥8.5b	-0.07%	no data
0.69%	Penserra Capital Management LLC	911,323	JP¥7.7b	-0.56%	0.94%
0.57%	Mitsubishi UFJ Securities Holdings Co., Ltd,Securities and brokerage Arm	750,000	JP¥6.3b	-28.6%	1.37%
0.57%	Dimensional Fund Advisors LP	746,729	JP¥6.3b	2.27%	0.01%
0.54%	Goldman Sachs Asset Management, L.P.	710,487	JP¥6.0b	3.03%	0.01%
0.52%	Mirae Asset Global Investments Co., Ltd.	683,025	JP¥5.8b	-3.2%	0.03%
0.41%	Deutsche Asset & Wealth Management	534,288	JP¥4.5b	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 19:44
End of Day Share Price	2024/12/24 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

Trend Micro Incorporated is covered by 26 analysts. 10 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
Yuki Kaneko	BofA Global Research
Mitsunobu Tsuruo	Citigroup Inc
null null	CLSA