Shore Bancshares Ownership

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

Recent Insider Transactions

NasdaqGS:SHBI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
25 Nov 24	BuyUS$50,820	Konrad Wayson	Individual	3,000	US$16.94
04 Jun 24	BuyUS$6,581	John Lamon	Individual	605	US$10.88
09 May 24	BuyUS$55,975	Clyde Kelly	Individual	5,000	US$11.20
04 Mar 24	BuyUS$6,515	John Lamon	Individual	578	US$11.27
20 Feb 24	BuyUS$5,800	Michael Adams	Individual	500	US$11.60
13 Feb 24	BuyUS$110,200	Dawn Willey	Individual	10,000	US$11.02
09 Feb 24	BuyUS$110,002	Southern Drywell, Inc.	Company	10,000	US$11.01
05 Feb 24	BuyUS$6,366	John Lamon	Individual	579	US$11.00

Insider Trading Volume

Insider Buying: SHBI insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SHBI?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	46,471	0.139%
Individual Insiders	2,913,738	8.74%
Hedge Funds	3,329,922	9.99%
General Public	10,987,729	33%
Institutions	16,048,912	48.2%

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

Top Shareholders

Top 25 shareholders own 54.91% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.99%	Fourthstone LLC	3,329,922	US$52.5m	1.67%	7.57%
8.96%	BlackRock, Inc.	2,987,686	US$47.1m	-3.53%	no data
5.31%	Alan Hyatt	1,769,741	US$27.9m	0%	no data
5.07%	The Vanguard Group, Inc.	1,690,461	US$26.7m	1.89%	no data
3.87%	Dimensional Fund Advisors LP	1,289,249	US$20.3m	6.66%	no data
2.89%	Manulife Asset Management	962,369	US$15.2m	-2.57%	0.01%
2.14%	Geode Capital Management, LLC	712,895	US$11.2m	1.92%	no data
1.75%	Sandy Spring Bank, Asset Management Arm	583,536	US$9.2m	-5.35%	0.38%
1.61%	State Street Global Advisors, Inc.	537,140	US$8.5m	8.48%	no data
1.52%	AllianceBernstein L.P.	505,649	US$8.0m	0.22%	no data
1.39%	1st & Main Growth Partners	461,954	US$7.3m	-8.49%	0.76%
1.25%	Renaissance Technologies LLC	417,215	US$6.6m	1.36%	0.01%
0.97%	American Century Investment Management Inc	322,034	US$5.1m	64.8%	no data
0.91%	Bridgeway Capital Management, LLC	302,122	US$4.8m	-24.2%	0.08%
0.85%	Tontine Management, LLC	283,410	US$4.5m	0%	0.14%
0.82%	Northern Trust Global Investments	272,090	US$4.3m	1.49%	no data
0.81%	Hotchkis and Wiley Capital Management, LLC	269,375	US$4.3m	1.01%	0.01%
0.78%	Morgan Stanley, Investment Banking and Brokerage Investments	261,064	US$4.1m	15.9%	no data
0.73%	Private Capital Management, LLC	242,097	US$3.8m	-1.55%	0.38%
0.7%	BNY Asset Management	234,644	US$3.7m	-7.1%	no data
0.59%	Siena Capital Partners GP, LLC	195,287	US$3.1m	0%	0.83%
0.57%	Mendon Capital Advisors Corp	190,711	US$3.0m	272%	1.82%
0.53%	Curi RMB Capital, LLC	175,164	US$2.8m	13.8%	0.06%
0.47%	Corbyn Investment Management, Inc.	157,953	US$2.5m	0%	1.12%
0.44%	Petiole USA Limited	147,487	US$2.3m	0%	1.45%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 02:44
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

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Analyst Sources

Shore Bancshares, Inc. is covered by 6 analysts. 2 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
Cary Morris	BB&T Capital Markets
Matthew Schultheis	Boenning & Scattergood, Inc.
John Rodis	Janney Montgomery Scott LLC