United Bankshares Ownership

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

Recent Insider Transactions

NasdaqGS:UBSI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
24 Mar 25	BuyUS$91,026	Sara Dumond	Individual	2,600	US$35.01
18 Dec 24	SellUS$234,965	Mark Nesselroad	Individual	6,000	US$39.16
26 Nov 24	SellUS$107,147	J. McNamara	Individual	2,500	US$42.86

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of UBSI?
Owner Type	Number of Shares	Ownership Percentage
State or Government	51,448	0.0363%
Individual Insiders	3,629,277	2.56%
General Public	38,035,272	26.8%
Institutions	100,005,122	70.6%

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

Top Shareholders

Top 25 shareholders own 58.27% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.5%	BlackRock, Inc.	20,531,692	US$766.2m	3.92%	0.01%
10.1%	The Vanguard Group, Inc.	14,298,754	US$533.6m	-0.08%	0.01%
5.76%	State Street Global Advisors, Inc.	8,158,618	US$304.5m	-3.49%	0.01%
5.5%	Dimensional Fund Advisors LP	7,798,576	US$291.0m	-0.84%	0.04%
2.97%	EARNEST Partners, LLC	4,214,634	US$157.3m	0.37%	0.69%
2.52%	Victory Capital Management Inc.	3,578,055	US$133.5m	-7.81%	0.12%
2.46%	Geode Capital Management, LLC	3,480,247	US$129.9m	5.36%	0.01%
1.61%	Silvercrest Asset Management Group LLC	2,282,475	US$85.2m	-2.75%	0.58%
1.22%	Northern Trust Global Investments	1,734,399	US$64.7m	-2.23%	0.01%
1.22%	Charles Schwab Investment Management, Inc.	1,733,488	US$64.7m	1.34%	0.01%
1.06%	Fuller & Thaler Asset Management, Inc.	1,498,044	US$55.9m	-0.65%	0.21%
1.03%	Norges Bank Investment Management	1,457,056	US$54.4m	0%	no data
0.96%	BNY Asset Management	1,357,902	US$50.7m	-1.85%	0.01%
0.87%	Fisher Asset Management, LLC	1,231,659	US$46.0m	5.02%	0.02%
0.85%	Richard Adams	1,206,562	US$45.0m	28.3%	no data
0.73%	ProShare Advisors LLC	1,029,095	US$38.4m	-8.44%	0.08%
0.71%	UBS Asset Management AG	999,618	US$37.3m	-32.7%	no data
0.6%	Invesco Capital Management LLC	852,029	US$31.8m	10%	0.01%
0.6%	Managed Account Advisors LLC	843,956	US$31.5m	1.58%	0.01%
0.59%	Qube Research & Technologies Ltd	837,835	US$31.3m	46%	0.05%
0.56%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	797,778	US$29.8m	0%	0.01%
0.52%	BNPP Asset Management Holding	732,942	US$27.4m	11.7%	0.04%
0.5%	United Bank (Fairfax, VA), Asset Management Arm	711,669	US$26.6m	-2.32%	3.23%
0.45%	New York State Common Retirement Fund	638,614	US$23.8m	-0.11%	0.03%
0.41%	Columbia Management Investment Advisers, LLC	579,803	US$21.6m	52%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/20 21:36
End of Day Share Price	2025/05/20 00:00
Earnings	2025/03/31
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

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

United Bankshares, Inc. is covered by 16 analysts. 6 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
Matthew Schultheis	Boenning & Scattergood, Inc.
Manuel Navas	D.A. Davidson & Co.
null null	D.A. Davidson & Co.