Quad/Graphics Ownership

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

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of QUAD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,702,435	10.9%
General Public	8,287,505	15.9%
Employee Share Scheme	15,194,335	29.2%
Institutions	22,934,632	44%

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

Top Shareholders

Top 25 shareholders own 73.54% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23.6%	Quad/graphics, Inc. Voting Trust	12,286,914	US$91.3m	0%	no data
5.58%	Quad/graphics Esop	2,907,421	US$21.6m	0%	100.0%
4.94%	Principal Advised Services, LLC	2,575,099	US$19.1m	0%	no data
4.81%	J. Quadracci	2,506,955	US$18.6m	0%	no data
4.2%	BlackRock, Inc.	2,187,682	US$16.3m	5.58%	no data
4.1%	Dimensional Fund Advisors LP	2,136,907	US$15.9m	-3.58%	no data
3.61%	Miller Value Partners, LLC	1,883,815	US$14.0m	30.2%	0.83%
3.5%	The Vanguard Group, Inc.	1,825,179	US$13.6m	1.93%	no data
2.34%	LSV Asset Management	1,220,044	US$9.1m	4.7%	0.02%
2.09%	Hotchkis and Wiley Capital Management, LLC	1,091,250	US$8.1m	-33.5%	0.03%
1.96%	Bridgeway Capital Management, LLC	1,021,341	US$7.6m	2.86%	0.13%
1.5%	Renaissance Technologies LLC	781,500	US$5.8m	0.54%	0.01%
1.44%	Great Valley Advisor Group, Inc.	751,873	US$5.6m	-7.52%	0.14%
1.38%	Christopher Harned	721,533	US$5.4m	0%	no data
1.28%	Geode Capital Management, LLC	669,036	US$5.0m	2.33%	no data
1.24%	David Honan	644,831	US$4.8m	0%	no data
1.06%	Goldman Sachs Group, Investment Banking and Securities Investments	550,278	US$4.1m	708%	no data
1.03%	State Street Global Advisors, Inc.	539,071	US$4.0m	1.97%	no data
0.92%	American Beacon Advisors, Inc.	481,638	US$3.6m	0%	0.09%
0.63%	Stornoway Portfolio Management, Inc.	329,323	US$2.4m	0%	33.86%
0.51%	Kelly Vanderboom	265,274	US$2.0m	0%	no data
0.49%	Anthony Staniak	253,250	US$1.9m	0%	no data
0.48%	Northern Trust Global Investments	249,133	US$1.9m	0.2%	no data
0.45%	Exchange Traded Concepts, LLC	232,999	US$1.7m	3.52%	0.03%
0.41%	Eric Ashworth	216,249	US$1.6m	-2.67%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 01:58
End of Day Share Price	2024/12/24 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

Quad/Graphics, Inc. is covered by 10 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
Daniel Leben	Baird
Kevin Steinke	Barrington Research Associates, Inc.
James Clement	Buckingham Research Group Inc.