Delcath Systems Ownership

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

Recent Insider Transactions

NasdaqCM:DCTH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Mar 26	BuyUS$50,018	Sandra Pennell	Individual	5,533	US$9.04
02 Mar 26	BuyUS$100,309	Gerard Michel	Individual	11,200	US$8.96
21 Nov 25	BuyUS$38,992	John Sylvester	Individual	4,386	US$8.89
11 Nov 25	BuyUS$98,049	Gerard Michel	Individual	11,500	US$8.53

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of DCTH?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,620,484	7.59%
Hedge Funds	3,300,389	9.56%
Institutions	12,835,111	37.2%
General Public	15,765,663	45.7%

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

Top Shareholders

Top 25 shareholders own 45.99% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.56%	Rosalind Advisors, Inc.	3,300,389	US$36.4m	0%	14.97%
5.17%	BlackRock, Inc.	1,784,466	US$19.7m	-2.23%	no data
5.12%	Daniel Kaufman	1,766,432	US$19.5m	0%	no data
4.98%	The Vanguard Group, Inc.	1,719,781	US$19.0m	2.84%	no data
2.08%	Propel Bio Management, LLC	718,572	US$7.9m	63.9%	7.69%
2%	Geode Capital Management, LLC	692,031	US$7.6m	1.35%	no data
1.92%	State Street Global Advisors, Inc.	664,428	US$7.3m	9.28%	no data
1.71%	Private Wealth Advisors, LLC	591,524	US$6.5m	104%	1.79%
1.7%	Millennium Management LLC	588,055	US$6.5m	139%	no data
1.45%	Divisadero Street Capital Management, LP	499,796	US$5.5m	0%	0.2%
1.25%	Ikarian Capital, LLC	431,251	US$4.8m	0%	0.77%
1.1%	Morgan Stanley	380,374	US$4.2m	24%	no data
0.99%	Gerard Michel	342,034	US$3.8m	3.39%	no data
0.76%	Simplify Asset Management Inc.	261,126	US$2.9m	0%	0.04%
0.73%	Northern Trust Global Investments	251,863	US$2.8m	4.68%	no data
0.65%	ADAR1 Capital Management, LLC	224,385	US$2.5m	0%	0.15%
0.6%	Kennedy Capital Management LLC	207,923	US$2.3m	2.55%	0.05%
0.59%	Lane Generational LLC	205,092	US$2.3m	3.74%	1.52%
0.56%	Royce & Associates, LP	195,000	US$2.1m	25.8%	0.02%
0.56%	Marshall Wace LLP	191,630	US$2.1m	687%	no data
0.55%	The Goldman Sachs Group, Inc.	190,252	US$2.1m	-17.4%	no data
0.55%	Canadian Imperial Bank of Commerce	189,737	US$2.1m	19.4%	no data
0.49%	Vojislav Vukovic	168,882	US$1.9m	0%	no data
0.45%	Diametric Capital, LP	156,481	US$1.7m	-28.9%	0.39%
0.45%	Renaissance Technologies LLC	155,300	US$1.7m	-57.1%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/24 18:36
End of Day Share Price	2026/05/22 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

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

Delcath Systems, Inc. is covered by 12 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
Michael Gorman	BTIG
Marie Thibault	BTIG
John Newman	Canaccord Genuity