EROAD Ownership

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

Recent Insider Transactions

NZSE:ERD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Dec 24	BuyNZ$44,474	Ellerston Capital Limited	Company	47,146	NZ$0.95
18 Nov 24	BuyNZ$303,237	UBS Asset Management AG	Company	294,934	NZ$1.03
18 Nov 24	SellNZ$336,318	UBS Asset Management AG	Company	323,256	NZ$1.04
18 Sep 24	SellNZ$13,823,074	Ampfield Management, L.P.	Company	11,534,524	NZ$1.20
05 Sep 24	BuyNZ$5,477,886	Australian Ethical Investment Limited	Company	5,774,588	NZ$1.28
05 Sep 24	SellNZ$2,906,222	Ampfield Management, L.P.	Company	2,220,579	NZ$1.31
26 Jun 24	BuyNZ$919,199	Ampfield Management, L.P.	Company	896,964	NZ$1.02
05 Jun 24	BuyNZ$1,020,540	Ampfield Management, L.P.	Company	1,029,785	NZ$1.00
22 May 24	BuyNZ$3,562,063	Ampfield Management, L.P.	Company	4,091,293	NZ$0.88
16 May 24	BuyNZ$1,765,863	Australian Ethical Investment Limited	Company	2,053,475	NZ$0.86
16 May 24	BuyNZ$872,789	Ampfield Management, L.P.	Company	1,015,468	NZ$0.87
06 May 24	BuyNZ$1,588,724	Australian Ethical Investment Limited	Company	2,125,378	NZ$0.75
01 Mar 24	BuyNZ$886,726	Australian Ethical Investment Limited	Company	1,157,767	NZ$0.83

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 ERD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	13,988,654	7.49%
Hedge Funds	14,742,878	7.89%
Private Companies	15,481,478	8.29%
Public Companies	21,318,415	11.4%
Institutions	57,155,619	30.6%
General Public	64,085,736	34.3%

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

Top Shareholders

Top 24 shareholders own 65.69% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14%	Australian Ethical Investment Limited	26,135,350	NZ$28.2m	9.8%	2.71%
11.4%	Constellation Software Inc.	21,318,415	NZ$23.0m	0%	no data
7.89%	Regal Partners Limited	14,742,878	NZ$15.9m	-11.4%	0.42%
7.02%	NMC Investment Trust	13,112,942	NZ$14.2m	0%	no data
5.63%	UBS Asset Management AG	10,514,413	NZ$11.4m	16.5%	no data
5.03%	Ellerston Capital Limited	9,399,848	NZ$10.2m	0%	4.9%
3.75%	Anthony Kandziora	7,000,000	NZ$7.6m	0%	no data
2.62%	Accident Compensation Corporation, Asset Management Arm	4,892,765	NZ$5.3m	0%	0.11%
1.89%	First Sentier Investors (Australia) IM Ltd	3,534,835	NZ$3.8m	0%	0.01%
1.84%	Selwyn Pellett	3,442,887	NZ$3.7m	0%	no data
1.28%	Ampfield Management, L.P.	2,381,963	NZ$2.6m	-84.4%	0.45%
1.27%	J E & A L Marris Trustees Limited	2,368,536	NZ$2.6m	0%	no data
0.85%	John Sinclair	1,582,861	NZ$1.7m	0%	no data
0.3%	Mark Heine	553,939	NZ$598.2k	0%	no data
0.19%	Sara Gifford	357,142	NZ$385.7k	0%	no data
0.19%	Steven Newman	352,069	NZ$380.2k	0%	no data
0.12%	Dimensional Fund Advisors LP	230,554	NZ$249.0k	-0.08%	no data
0.092%	Graham Stuart	171,349	NZ$185.1k	0%	no data
0.091%	David Green	170,000	NZ$183.6k	0%	no data
0.09%	Susan Paterson	167,457	NZ$180.9k	0%	no data
0.063%	Margaret Warrington	117,859	NZ$127.3k	0%	no data
0.039%	Barry Einsig	73,091	NZ$78.9k	0%	no data
0.028%	Morgan Stanley, Investment Banking and Brokerage Investments	52,199	NZ$56.4k	0%	no data
0.0073%	SEI Investments Management Corporation	13,692	NZ$14.8k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/27 13:52
End of Day Share Price	2025/01/27 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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

EROAD Limited is covered by 4 analysts. 3 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
Owen Humphries	Canaccord Genuity
Wassim Kisirwani	Credit Suisse
Guy Edward Hooper	Jarden Limited