DLocal Ownership

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

Recent Insider Transactions

NasdaqGS:DLO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
05 Sep 25	SellUS$216,740,438	General Atlantic Service Company, L.P.	Company		17,525,000	US$12.37

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 DLO?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	14,592,826	4.96%
Institutions	39,726,872	13.5%
VC/PE Firms	46,656,695	15.9%
General Public	53,380,450	18.2%
Individual Insiders	139,724,799	47.5%

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

Top Shareholders

Top 25 shareholders own 78.22% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17.3%	Sergio Enrique Kaplan	50,893,599	US$805.6m	0%	no data
16.9%	Andres Bay	49,806,946	US$788.4m	0%	no data
15.9%	General Atlantic Service Company, L.P.	46,656,695	US$738.6m	-27%	14.99%
6.28%	Alberto Azar	18,473,840	US$292.4m	0%	no data
4.96%	Unsal Holdings Limited	14,592,826	US$231.0m	0%	no data
4.29%	Sebastian Kanovich	12,629,474	US$199.9m	0%	no data
2.49%	Bank of America Corporation	7,333,134	US$116.1m	3,230%	0.03%
2.1%	Jacobo Singer	6,167,142	US$97.6m	0%	no data
1.32%	Ribbit Management Company, LLC	3,891,900	US$61.6m	0%	2.61%
0.92%	Baillie Gifford & Co.	2,699,607	US$42.7m	3.73%	0.02%
0.91%	Marshall Wace LLP	2,683,988	US$42.5m	64%	0.05%
0.6%	Emiliano Balague	1,753,798	US$27.8m	0%	no data
0.53%	Fourth Sail Capital LP	1,546,639	US$24.5m	33.8%	3.57%
0.39%	Jane Street Group, LLC	1,159,660	US$18.4m	4.83%	0.04%
0.38%	Morgan Stanley	1,120,807	US$17.7m	2.65%	no data
0.36%	Tikvah Management LLC	1,054,499	US$16.7m	0%	4.55%
0.35%	J. Goldman & Co., L.P.	1,014,813	US$16.1m	0%	0.47%
0.32%	Summit Trail Advisors, LLC	940,820	US$14.9m	0%	0.24%
0.32%	Bond Capital Management LP	927,500	US$14.7m	0%	7.11%
0.29%	Millennium Management LLC	866,818	US$13.7m	54%	0.01%
0.29%	Susquehanna International Group, LLP	843,505	US$13.4m	16.5%	0.02%
0.28%	Alkeon Capital Management, LLC	823,837	US$13.0m	0%	0.06%
0.25%	Two Sigma Investments, LP	747,799	US$11.8m	-25.9%	0.02%
0.25%	Holberg Fondsforvaltning AS	740,000	US$11.7m	0%	0.78%
0.23%	Point72 Asset Management, L.P.	669,314	US$10.6m	0%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/16 10:26
End of Day Share Price	2025/10/16 00:00
Earnings	2025/06/30
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

DLocal Limited is covered by 13 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
John Coffey	Barclays
Jinli Chan	BofA Global Research
Eduardo Rosman	BTG Pactual