New Zealand Rural Land Ownership

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

Recent Insider Transactions

NZSE:NZL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
25 Feb 25	BuyNZ$1,175,359	ANZ New Zealand Investments Limited	Company		1,389,576	NZ$0.85
25 Feb 25	SellNZ$2,158,555	ANZ New Zealand Investments Limited	Company		2,394,992	NZ$0.90

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 NZL?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	3,423,630	2.39%
Private Companies	4,550,790	3.18%
Individual Insiders	24,385,311	17.1%
Institutions	45,595,870	31.9%
General Public	64,998,200	45.5%

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

Top Shareholders

Top 25 shareholders own 54.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.5%	ANZ New Zealand Investments Limited	20,651,974	NZ$19.0m	238%	0.88%
7.47%	Accident Compensation Corporation, Asset Management Arm	10,683,518	NZ$9.8m	12.2%	0.21%
4.28%	Clyde Holland	6,123,720	NZ$5.6m	816%	no data
4.28%	Rena Holland	6,123,719	NZ$5.6m	816%	no data
4.17%	Harbour Asset Management Limited	5,958,866	NZ$5.5m	0%	0.28%
2.39%	Allied Farmers Limited	3,423,630	NZ$3.1m	22.1%	no data
2.26%	Christopher Swasbrook	3,226,953	NZ$3.0m	1.48%	no data
1.98%	Jarden Wealth Limited	2,836,756	NZ$2.6m	0%	no data
1.82%	Wairahi Investments Limited	2,600,000	NZ$2.4m	4%	no data
1.66%	Forsyth Barr Investment Management Limited	2,375,129	NZ$2.2m	0%	0.13%
1.36%	Dfs Investment Partners Llc	1,950,790	NZ$1.8m	0%	no data
1.14%	Brendan Lindsay	1,633,334	NZ$1.5m	0%	no data
1.14%	Jeffrey Parsonson	1,633,333	NZ$1.5m	0%	no data
0.93%	Janice Walker	1,333,334	NZ$1.2m	0%	no data
0.93%	Duncan Fea	1,333,333	NZ$1.2m	0%	no data
0.93%	Sonya Walker	1,333,333	NZ$1.2m	0%	no data
0.9%	Russell Investment Management, LLC	1,288,904	NZ$1.2m	0%	no data
0.77%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	1,094,296	NZ$1.0m	0%	no data
0.67%	Robert Campbell	957,629	NZ$881.0k	1.66%	no data
0.44%	Richard Milsom	632,605	NZ$582.0k	0%	no data
0.21%	Aspiring Asset Management Limited	305,948	NZ$281.5k	0%	0.06%
0.14%	Salt Investment Funds Limited	199,722	NZ$183.7k	0%	0.27%
0.12%	UBS Asset Management AG	176,632	NZ$162.5k	0%	no data
0.032%	Sarah Kennedy	45,747	NZ$42.1k	1.66%	no data
0.0084%	Australia & New Zealand Banking Group Limited, Asset Management Arm	12,000	NZ$11.0k	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/28 01:34
End of Day Share Price	2025/04/24 00:00
Earnings	2024/12/31
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

New Zealand Rural Land Company Limited is covered by 1 analysts. 1 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
Arie Dekker	Jarden Limited