Midland States Bancorp Ownership

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

Recent Insider Transactions

NasdaqGS:MSBI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Nov 24	SellUS$11,637	Donald Spring	Individual	431	US$27.00
07 Nov 24	SellUS$8,558	Donald Spring	Individual	311	US$27.52
06 Nov 24	SellUS$115,082	Robert Schultz	Individual	4,262.29	US$27.00
05 Nov 24	SellUS$17,094	Donald Spring	Individual	689	US$24.81
13 Jun 24	BuyUS$49,922	Jeffrey McDonnell	Individual	2,290	US$21.80
12 Jun 24	SellUS$146,981	Donald Spring	Individual	6,661	US$22.07
11 Jun 24	SellUS$26,338	Donald Spring	Individual	1,197	US$22.00
12 Mar 24	BuyUS$24,225	Gerald Carlson	Individual	1,000	US$24.23

Insider Trading Volume

Insider Buying: MSBI insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of MSBI?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	242,584	1.13%
Individual Insiders	1,025,140	4.79%
General Public	6,721,126	31.4%
Institutions	13,412,635	62.7%

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

Top Shareholders

Top 25 shareholders own 53.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.4%	BlackRock, Inc.	3,080,427	US$73.6m	-1.77%	no data
6.28%	Dimensional Fund Advisors LP	1,343,027	US$32.1m	-1.98%	no data
5.57%	The Vanguard Group, Inc.	1,191,021	US$28.4m	2.86%	no data
3.55%	Busey Trust Company	759,286	US$18.1m	0%	0.59%
2.75%	State Street Global Advisors, Inc.	587,947	US$14.0m	2.47%	no data
2.39%	Geode Capital Management, LLC	511,936	US$12.2m	0.45%	no data
2.1%	LSV Asset Management	449,089	US$10.7m	-1.58%	0.02%
2.07%	American Century Investment Management Inc	443,783	US$10.6m	10.4%	0.01%
1.73%	Jeffrey Ludwig	371,203	US$8.9m	4.42%	no data
1.2%	Hotchkis and Wiley Capital Management, LLC	257,540	US$6.2m	0%	0.02%
1.08%	Jerry McDaniel	231,669	US$5.5m	0%	no data
1.04%	Millennium Management LLC	221,581	US$5.3m	145%	no data
1.03%	Bridgeway Capital Management, LLC	221,002	US$5.3m	-12.8%	0.08%
0.93%	Schultz Investment Company	200,030	US$4.8m	0%	no data
0.88%	Charles Schwab Investment Management, Inc.	188,009	US$4.5m	-4.2%	no data
0.87%	Bank of America Corporation, Asset Management Arm	185,518	US$4.4m	-8.76%	no data
0.83%	Northern Trust Global Investments	178,468	US$4.3m	-2.02%	no data
0.73%	Morgan Stanley, Investment Banking and Brokerage Investments	156,772	US$3.7m	61.8%	no data
0.72%	Goldman Sachs Group, Investment Banking and Securities Investments	154,364	US$3.7m	19%	no data
0.71%	BNY Asset Management	152,803	US$3.6m	-7.74%	no data
0.65%	Acadian Asset Management LLC	138,477	US$3.3m	85.3%	0.01%
0.49%	Accurate Wealth Management, LLC	105,286	US$2.5m	0%	0.5%
0.49%	LPL Financial Corporation, Asset Management Arm	104,052	US$2.5m	0%	no data
0.47%	Two Sigma Advisers, LP	101,000	US$2.4m	78.1%	0.01%
0.47%	Two Sigma Investments, LP	100,594	US$2.4m	86.8%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 09:07
End of Day Share Price	2025/01/03 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

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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 .

Analyst Sources

Midland States Bancorp, Inc. is covered by 7 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
Jeffrey Rulis	D.A. Davidson & Co.
null null	D.A. Davidson & Co.
Damon DelMonte	Keefe, Bruyette, & Woods