Gladstone Capital Ownership

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

Recent Insider Transactions

NasdaqGS:GLAD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
11 Apr 25	SellUS$5,330	Michela English	Individual		225	US$23.69
11 Dec 24	SellUS$423,925	Robert Marcotte	Individual		15,500	US$27.35

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of GLAD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	873,718	3.91%
Institutions	1,961,884	8.79%
General Public	19,494,250	87.3%

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

Top Shareholders

Top 25 shareholders own 11.22% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
2.68%	David Gladstone	598,061	US$15.0m	18.6%	no data
1.11%	Robert Marcotte	248,710	US$6.3m	-2.46%	no data
0.68%	LPL Financial Corporation, Asset Management Arm	152,422	US$3.8m	-1.4%	no data
0.64%	Legal & General Investment Management Limited	144,014	US$3.6m	-8.68%	no data
0.59%	Two Sigma Advisers, LP	131,429	US$3.3m	-18.2%	0.01%
0.56%	Van Eck Associates Corporation	124,527	US$3.1m	-75.4%	no data
0.52%	DNB Asset Management AS	116,143	US$2.9m	5.35%	0.01%
0.51%	Davidson Investment Advisors, Inc.	112,941	US$2.8m	-0.1%	0.02%
0.5%	Two Sigma Investments, LP	112,598	US$2.8m	-9.48%	0.01%
0.43%	BlackRock, Inc.	96,446	US$2.4m	-2.01%	no data
0.42%	Gladstone Management Corporation	93,630	US$2.4m	0%	10.85%
0.36%	Advisors Asset Management, Inc.	79,331	US$2.0m	-16.2%	0.04%
0.31%	Morgan Stanley, Investment Banking and Brokerage Investments	69,938	US$1.8m	8.81%	no data
0.28%	UBS Asset Management AG	62,532	US$1.6m	292%	no data
0.25%	Legacy Capital Wealth Partners, LLC	54,755	US$1.4m	-17.7%	0.3%
0.21%	Trexquant Investment LP	46,001	US$1.2m	-53.2%	0.01%
0.17%	Kovack Advisors, Inc., Asset Management Arm	38,561	US$969.0k	1.77%	0.1%
0.15%	Denali Advisors, LLC	33,169	US$833.5k	-4.22%	0.09%
0.13%	An Zhong (AZ) Investment Management Hong Kong, LTD	30,000	US$753.9k	0%	9.2%
0.13%	Raymond James Financial Inc., Asset Management Arm	29,550	US$742.6k	103%	no data
0.13%	Wells Fargo & Company, Securities and Brokerage Investments	29,430	US$739.6k	0.26%	no data
0.13%	Goldman Sachs Group, Investment Banking and Securities Investments	28,397	US$713.6k	0%	no data
0.11%	Hudson River Trading LLC, Asset Management Arm	25,523	US$641.4k	-14.9%	no data
0.11%	Northern Trust Global Investments	25,023	US$628.8k	12.1%	no data
0.1%	Ausdal Financial Partners, Inc., Asset Management Arm	23,062	US$579.6k	0.99%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/11 11:38
End of Day Share Price	2025/05/09 00:00
Earnings	2025/03/31
Annual Earnings	2024/09/30

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

Gladstone Capital Corporation is covered by 18 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
Vernon Plack	BB&T Capital Markets
Bryce Rowe	B. Riley Securities, Inc.
Christopher Testa	B. Riley Wealth