Cadeler Ownership

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

Recent Insider Transactions

OB:CADLR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
17 Dec 24	BuyNOK 1,160,518	Mikkel Gleerup	Individual		18,250	NOK 63.59

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of CADLR?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	73,680	0.021%
General Public	24,472,091	6.98%
Sovereign Wealth Funds	75,783,874	21.6%
Institutions	121,803,906	34.7%
Private Companies	128,609,241	36.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.

Top Shareholders

Top 25 shareholders own 86.98% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
21.6%	Folketrygdfondet	75,783,874	NOK 4.7b	45%	2.57%
19.6%	BW Wind Services Pte. Ltd.	68,671,728	NOK 4.3b	0%	no data
12.1%	Scorpio Holdings Limited	42,427,183	NOK 2.6b	0%	no data
4.99%	John Swire & Sons Limited	17,510,330	NOK 1.1b	0%	no data
4.01%	Nordea Funds AB	14,056,730	NOK 874.3m	0%	0.8%
3.41%	Handelsbanken Asset Management	11,968,563	NOK 744.4m	0%	0.1%
2.87%	Nordea Investment Management, AB	10,054,878	NOK 625.4m	0%	0.04%
2.44%	Amundi Asset Management SAS	8,549,154	NOK 531.8m	0%	0.01%
2.3%	The Vanguard Group, Inc.	8,065,468	NOK 501.7m	0.49%	no data
1.72%	Danske Capital Denmark	6,027,297	NOK 374.9m	0%	0.14%
1.16%	Encompass Capital Advisors LLC	4,065,972	NOK 252.9m	0.12%	0.92%
1.1%	KLP Kapitalforvaltning AS	3,849,989	NOK 239.5m	10.6%	0.08%
1.09%	Fourth Swedish National Pension Fund (AP4)	3,827,659	NOK 238.1m	0%	0.09%
1.08%	Goldman Sachs Group, Investment Banking and Securities Investments	3,800,684	NOK 236.4m	-0.08%	0.01%
1.07%	Janus Henderson Group plc	3,766,850	NOK 234.3m	-7.27%	0.01%
0.89%	Franklin Resources, Inc.	3,116,735	NOK 193.9m	-21%	no data
0.74%	Brightline Capital Management, LLC	2,604,000	NOK 162.0m	0.15%	6.38%
0.73%	Dimensional Fund Advisors LP	2,566,078	NOK 159.6m	-0.31%	no data
0.71%	Condire Investors, LLC	2,497,600	NOK 155.4m	0%	1.66%
0.64%	Skagen AS	2,240,732	NOK 139.4m	0%	0.16%
0.64%	BlackRock, Inc.	2,229,153	NOK 138.7m	11.3%	no data
0.56%	ODDO BHF Asset Management SAS	1,960,676	NOK 122.0m	-3.25%	0.16%
0.54%	ValueWorks LLC	1,880,752	NOK 117.0m	-0.13%	3.27%
0.53%	BNPP Asset Management Holding	1,868,677	NOK 116.2m	0%	0.02%
0.48%	TT International Asset Management Ltd	1,697,581	NOK 105.6m	31.9%	0.43%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/13 02:24
End of Day Share Price	2025/01/10 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

Cadeler A/S is covered by 8 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
Jørgen Lande	Danske Bank
Martin Karlsen	DNB Markets
Magnus Andersen	Fearnley Securities