REN - Redes Energéticas Nacionais SGPS 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 RENE?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	42,607	0.00642%
Public Companies	33,359,563	5.03%
VC/PE Firms	80,100,000	12.1%
Institutions	115,610,578	17.4%
Private Companies	163,481,746	24.6%
General Public	270,715,394	40.8%

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

Top Shareholders

Top 25 shareholders own 63.1% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.2%	State Grid Corporation of China	166,797,815	€482.9m	0%	no data
12.1%	Pontegadea Inversiones, S.L	80,100,000	€231.9m	0%	0.3%
7.76%	Lazard Asset Management LLC	51,467,145	€149.0m	0%	0.15%
5.35%	Fidelidade - Companhia de Seguros, S.A., Asset Management Arm	35,496,424	€102.8m	0%	37.4%
5.03%	Redeia Corporación, S.A.	33,359,563	€96.6m	0%	no data
2.27%	The Vanguard Group, Inc.	15,080,049	€43.7m	0.17%	no data
0.83%	Dimensional Fund Advisors LP	5,522,702	€16.0m	-7.07%	no data
0.73%	Polaris Capital Management, LLC	4,848,005	€14.0m	0%	0.24%
0.68%	IM Gestâo de Ativos, Sociedade Gestora de Fundos de Investimento, SA	4,517,500	€13.1m	0%	2.48%
0.53%	BPI Fundos - Gestao de Fundos de Investimento Mobiliario SA	3,545,888	€10.3m	-1.96%	0.95%
0.44%	Boston Partners Global Investors, Inc.	2,926,298	€8.5m	0%	0.01%
0.26%	First Trust Advisors LP	1,755,703	€5.1m	2.21%	no data
0.26%	Invest Gestão de Activos -Sociedade Gestora Fundos de Investimento Mobiliário SA	1,750,000	€5.1m	-0.06%	4.26%
0.22%	Charles Schwab Investment Management, Inc.	1,444,118	€4.2m	3.73%	no data
0.21%	SLGI Asset Management Inc.	1,367,560	€4.0m	-2.23%	0.18%
0.17%	UBS Asset Management AG	1,132,344	€3.3m	19.4%	no data
0.15%	Northern Trust Global Investments	1,025,456	€3.0m	-16.3%	no data
0.15%	Amundi Asset Management SAS	1,024,049	€3.0m	-22%	no data
0.15%	Nuveen Investments, Inc.	1,018,881	€2.9m	0.71%	0.01%
0.14%	BNY Asset Management	953,075	€2.8m	87.7%	no data
0.14%	WisdomTree Asset Management, Inc.	943,537	€2.7m	-1.6%	0.02%
0.1%	State Street Global Advisors, Inc.	682,256	€2.0m	3.61%	no data
0.1%	GNB - Sociedade Gestora de Fundos de Investimento Mobiliario, SA	676,418	€2.0m	0%	3.11%
0.084%	Forsta AP-fonden	556,887	€1.6m	0%	0.01%
0.082%	Deutsche Asset & Wealth Management	541,170	€1.6m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/02 01:23
End of Day Share Price	2025/04/30 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

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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

REN - Redes Energéticas Nacionais, SGPS, S.A. is covered by 29 analysts. 5 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
Flora Mericia Trindade	Banco BPI, S.A.
Javier Esteban Lario	Banco de Sabadell. S.A.
Bosco Muguiro Eulate	Banco Santander