Sovos Brands, Inc.

NasdaqGS:SOVO Stock Report

Market Cap: US$2.3b

Sovos Brands Ownership

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

Recent Insider Transactions

NasdaqGS:SOVO Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
12 Feb 24SellUS$36,154Katie GvazdinskasIndividual1,624US$22.26
12 Feb 24SellUS$31,101Lisa O’DriscollIndividual1,397US$22.26
12 Feb 24SellUS$295,088Todd LachmanIndividual13,255US$22.26
12 Feb 24SellUS$74,868Risa CretellaIndividual3,363US$22.26
12 Feb 24SellUS$62,001Kirk JensenIndividual2,785US$22.26
12 Feb 24SellUS$133,107E. HermidaIndividual5,979US$22.26
16 Jan 24SellUS$209,364Todd LachmanIndividual9,478US$22.09
16 Jan 24SellUS$84,890Christopher HallIndividual3,843US$22.09
16 Jan 24SellUS$35,498Katie GvazdinskasIndividual1,607US$22.09
16 Jan 24SellUS$168,477Risa CretellaIndividual7,627US$22.09
16 Jan 24SellUS$166,157Isobel JonesIndividual7,522US$22.09
16 Jan 24SellUS$282,790Kirk JensenIndividual12,802US$22.09
16 Jan 24SellUS$28,186Lisa O’DriscollIndividual1,276US$22.09

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of SOVO?
Owner TypeNumber of SharesOwnership Percentage
Private Companies380,0970.315%
Individual Insiders7,811,3396.47%
VC/PE Firms42,612,15435.3%
Institutions69,918,79057.9%

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

Top Shareholders

Top 25 shareholders own 93.45% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
41.8%
Advent International, L.P.
42,612,154US$979.2m0%7.75%
5.26%
The Vanguard Group, Inc.
5,354,289US$123.0m8.66%no data
4.5%
BlackRock, Inc.
4,586,350US$105.4m11.9%no data
3.92%
Alpine Associates Management Inc.
3,994,900US$91.8m31%5.6%
3.29%
Robert Graves
3,352,867US$77.0m0%no data
3.28%
Acorn Creek Capital LLC
3,342,867US$76.8m0%32.7%
3.24%
Fidelity International Ltd
3,297,000US$75.8m-18.7%0.03%
3.16%
Westchester Capital Management, LLC
3,216,864US$73.9m59.5%3.37%
2.89%
Water Island Capital, LLC
2,940,423US$67.6m99.3%7.51%
2.4%
PSquared Asset Management AG
2,443,712US$56.2m-2.25%8.52%
1.9%
AllianceBernstein L.P.
1,931,873US$44.4m183%0.01%
1.69%
Todd Lachman
1,723,777US$39.6m2.03%no data
1.67%
Calamos Asset Management, Inc.
1,698,738US$39.0m1,610%0.25%
1.36%
Woodline Partners LP
1,383,000US$31.8m14.7%0.32%
1.34%
William Johnson
1,368,762US$31.5m0%no data
1.33%
Wellington Management Group LLP
1,352,465US$31.1m-38.2%no data
1.3%
Geode Capital Management, LLC
1,325,689US$30.5m7.41%no data
1.29%
Kryger Capital Limited
1,311,448US$30.1m6.02%5.26%
1.23%
Qube Research & Technologies Ltd
1,255,667US$28.9m90.1%0.07%
1.23%
Melqart Asset Management (Uk) Ltd
1,254,807US$28.8m0%2.21%
1.14%
State Street Global Advisors, Inc.
1,162,328US$26.7m8.97%no data
1.09%
GAMCO Investors, Inc.
1,110,737US$25.5m-1.94%0.1%
1.06%
Goldman Sachs Group, Investment Banking and Securities Investments
1,082,796US$24.9m-13.3%0.01%
1.03%
P. Schoenfeld Asset Management LP
1,049,894US$24.1m107%5.8%
1.01%
Renaissance Technologies LLC
1,031,900US$23.7m13.1%0.03%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/11 16:02
End of Day Share Price 2024/03/11 00:00
Earnings2023/12/30
Annual Earnings2023/12/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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 .

Analyst Sources

Sovos Brands, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew LazarBarclays
Peter GalboBofA Global Research
Robert MoskowCredit Suisse