Red Cat Holdings Ownership

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

Recent Insider Transactions

NasdaqCM:RCAT Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Aug 26	SellUS$584,650	Nicholas Liuzza	Individual	55,000	US$10.63
11 Aug 26	SellUS$310,600	Christopher Moe	Individual	30,000	US$10.51
11 Jun 26	SellUS$1,897,822	Paul Funk	Individual	165,028	US$11.50
29 Sep 25	SellUS$109,100	Christopher Moe	Individual	10,000	US$10.91
12 Sep 25	SellUS$501,900	Christopher Moe	Individual	50,000	US$10.96

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of RCAT?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	14,048,878	9.2%
General Public	53,961,346	35.3%
Institutions	84,704,138	55.5%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 53.1%.

Top Shareholders

Top 25 shareholders own 51.75% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.36%	Jeffrey Thompson	12,766,952	US$122.8m	-1.16%	no data
7.92%	State Street Investment Management	12,091,533	US$116.3m	68.8%	no data
7.35%	BlackRock, Inc.	11,230,987	US$108.0m	-3.82%	no data
6.93%	Hood River Capital Management LLC	10,578,223	US$101.8m	249%	0.81%
4.44%	Vanguard Capital Management, LLC	6,787,138	US$65.3m	28.9%	no data
2.25%	Citadel Advisors LLC	3,441,774	US$33.1m	1,970%	0.02%
2.05%	Geode Capital Management, LLC	3,132,448	US$30.1m	20.6%	no data
1.67%	Van Eck Associates Corporation	2,553,337	US$24.6m	0%	0.01%
1.33%	Morgan Stanley	2,027,407	US$19.5m	36.2%	no data
1.13%	UBS Asset Management AG	1,727,061	US$16.6m	0.08%	no data
1.04%	Mirae Asset Global Investments Co., Ltd.	1,591,139	US$15.3m	5.56%	0.01%
0.69%	Charles Schwab Investment Management, Inc.	1,051,540	US$10.1m	21.9%	no data
0.68%	Vanguard Portfolio Management, LLC	1,043,630	US$10.0m	20%	no data
0.64%	Northern Trust Global Investments	977,622	US$9.4m	17.9%	no data
0.57%	AWM Investment Company Inc	874,460	US$8.4m	134%	0.83%
0.57%	Bank of America Corporation	864,910	US$8.3m	325%	no data
0.53%	First Trust Advisors LP	813,669	US$7.8m	0%	no data
0.53%	Vident Asset Management	809,046	US$7.8m	112%	0.05%
0.48%	Columbia Management Investment Advisers, LLC	726,189	US$7.0m	1,790%	no data
0.47%	Defiance ETFs, LLC	712,621	US$6.9m	-63.5%	0.11%
0.45%	Needham Investment Management, LLC	687,500	US$6.6m	80.9%	0.25%
0.45%	IMC Trading B.V.	680,359	US$6.5m	0%	0.06%
0.44%	Penserra Capital Management LLC	666,654	US$6.4m	53%	0.04%
0.42%	SEI Investments Company	635,943	US$6.1m	258%	no data
0.37%	Marex Group Limited	561,908	US$5.4m	3.86%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/23 09:32
End of Day Share Price	2026/08/21 00:00
Earnings	2026/06/30
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

Red Cat Holdings, Inc. is covered by 8 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
Amit Dayal	H.C. Wainwright & Co.
Jon Hickman	Ladenburg Thalmann & Company
Glenn Mattson	Ladenburg Thalmann & Company