Badger Infrastructure Solutions Ownership

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

Recent Insider Transactions

OTCPK:BDGI.F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Mar 26	BuyUS$184,808	Robert Blackadar	Individual	4,000	US$46.24
13 Mar 26	BuyUS$64,454	Robert Blackadar	Individual	1,425	US$45.26
12 Mar 26	BuyUS$47,273	David Bronicheski	Individual	1,000	US$47.92
23 Sep 25	BuyUS$31,500	Robert Blackadar	Individual	750	US$42.00
04 Jun 25	BuyUS$21,364	Patricia Warfield	Individual	650	US$32.88

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of BDGI.F?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	3,500	0.0104%
Individual Insiders	153,910	0.457%
Hedge Funds	4,374,077	13%
General Public	11,931,922	35.4%
Institutions	17,196,153	51.1%

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

Top Shareholders

Top 25 shareholders own 60.38% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13%	EdgePoint Investment Group Inc.	4,374,077	US$266.2m	0%	1.14%
7.61%	Thrivent Investment Management Inc.	2,560,162	US$155.8m	0%	0.25%
7.55%	Capital Research and Management Company	2,540,931	US$154.6m	239%	0.01%
6.55%	RBC Global Asset Management Inc.	2,205,237	US$134.2m	-0.01%	0.06%
4%	The Vanguard Group, Inc.	1,346,114	US$81.9m	1,370%	no data
3.23%	T. Rowe Price Group, Inc.	1,088,432	US$66.2m	5.51%	0.01%
2.43%	BlackRock, Inc.	816,603	US$49.7m	-0.19%	no data
2.32%	Dimensional Fund Advisors LP	781,364	US$47.5m	3.17%	0.01%
1.63%	Picton Mahoney Asset Management	550,300	US$33.5m	-15.1%	0.4%
1.38%	Beutel Goodman & Company Ltd.	463,555	US$28.2m	-41.6%	0.14%
1.24%	Hillsdale Investment Management Inc.	416,360	US$25.3m	962%	0.47%
1.22%	Mackenzie Financial Corporation	411,969	US$25.1m	3.38%	0.02%
0.87%	FMR LLC	291,370	US$17.7m	0.37%	no data
0.84%	CI Global Asset Management	282,888	US$17.2m	0.06%	0.03%
0.77%	Dixon Mitchell Investment Counsel, Inc.	260,199	US$15.8m	2.27%	0.46%
0.77%	Pembroke Management Ltd.	258,428	US$15.7m	3.09%	1.11%
0.75%	TD Asset Management, Inc.	251,909	US$15.3m	153%	0.01%
0.68%	American Century Investment Management Inc	230,070	US$14.0m	-0.96%	no data
0.67%	IG Investment Management, Ltd.	225,656	US$13.7m	0%	0.03%
0.67%	ATB Investment Management Inc.	224,757	US$13.7m	-21%	0.17%
0.52%	AGF Management Limited	174,417	US$10.6m	-28.6%	0.04%
0.46%	BMO Asset Management Corp.	153,510	US$9.3m	8.46%	no data
0.44%	Charles Schwab Investment Management, Inc.	147,114	US$9.0m	83%	no data
0.4%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	133,692	US$8.1m	-68.1%	no data
0.4%	Industrielle Alliance, Gestion de placements inc.	133,006	US$8.1m	0%	0.07%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/08 03:38
End of Day Share Price	2026/05/06 00:00
Earnings	2026/03/31
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

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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

Badger Infrastructure Solutions Ltd. is covered by 12 analysts. 9 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
Trevor Reynolds	Acumen Capital Finance Partners Limited
Brent Watson	ATB Cormark Historical (Cormark Securities)
John Gibson	BMO Capital Markets Equity Research