CD Projekt 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 CDR?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	3,177	0.00318%
General Public	27,391,495	27.4%
Individual Insiders	35,117,828	35.2%
Institutions	37,310,096	37.4%

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

Top Shareholders

Top 25 shareholders own 67.49% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.9%	Marcin Iwinski	12,873,520	zł2.8b	0%	no data
10%	Michal Kicinski	9,989,363	zł2.2b	0%	no data
6.87%	Piotr Nielubowicz	6,858,717	zł1.5b	0%	no data
5.43%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	5,417,124	zł1.2b	0%	1.35%
4.65%	The Goldman Sachs Group, Inc.	4,642,930	zł1.0b	0%	0.07%
4.05%	Adam Kicinski	4,046,001	zł893.8m	0%	no data
3.73%	PTE Allianz Polska SA	3,726,014	zł823.1m	0%	1.21%
3.54%	Powszechne Towarzystwo Emerytalne PZU SA	3,530,239	zł779.8m	0%	2.36%
2.55%	BlackRock, Inc.	2,547,689	zł562.8m	2.71%	no data
2.34%	Vanguard Capital Management, LLC	2,333,753	zł515.5m	0.2%	no data
1.59%	Generali Powszechne Towarzystwo Emerytalne S A	1,587,546	zł350.7m	0%	1.05%
1.49%	Aegon Asset Management UK Plc	1,489,167	zł329.0m	0%	0.41%
0.95%	UNIQA Österreich Versicherungen AG	946,472	zł209.1m	0%	1.58%
0.87%	Towarzystwo Funduszy Inwestycyjnych PZU SA	868,028	zł191.7m	0%	1.55%
0.8%	Goldman Sachs Towarzystwo Funduszy Inwestycyjnych S.A.	795,986	zł175.8m	0%	1.86%
0.71%	FMR LLC	709,165	zł156.7m	-0.18%	no data
0.69%	Adam Badowski	692,640	zł153.0m	0%	no data
0.64%	Norges Bank Investment Management	639,120	zł141.2m	0%	no data
0.63%	Goldman Sachs Asset Management, L.P.	631,978	zł139.6m	-0.67%	0.01%
0.63%	Vanguard Fiduciary Trust Company	625,350	zł138.1m	0.43%	no data
0.55%	Van Eck Associates Corporation	550,693	zł121.6m	-6.25%	0.02%
0.53%	Michal Nowakowski	530,290	zł117.1m	0%	no data
0.53%	Amundi Asset Management SAS	525,778	zł116.1m	0.01%	no data
0.42%	Erste Towarzystwo Funduszy Inwestycyjnych S.A.	417,753	zł92.3m	0%	1.44%
0.4%	Empowered Funds, LLC	398,630	zł88.1m	30.1%	0.21%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/14 12:45
End of Day Share Price	2026/06/12 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

CD Projekt S.A. is covered by 30 analysts. 12 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
David Mak	Arete Research Services LLP
Nicholas Michael Dempsey	Barclays
James Bass	Berenberg