Spectral AI, Inc.

NasdaqCM:MDAI Stock Report

Market Cap: US$49.4m

Spectral AI 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 MDAI?
Owner TypeNumber of SharesOwnership Percentage
Institutions3,800,73812.4%
Individual Insiders7,823,33725.5%
General Public19,064,82062.1%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 57.3%.

Top Shareholders

Top 25 shareholders own 37.69% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
15.6%
Erich Spangenberg
4,787,131US$7.7m0%no data
8.16%
John DiMaio
2,503,608US$4.0m0%no data
2.93%
Highlander Partners, L.P.
900,000US$1.4m536%0.52%
2.76%
Rosecliff Venture Management LLC
848,333US$1.4m0%100.0%
2%
The Vanguard Group, Inc.
613,272US$987.4k-1.57%no data
0.69%
The University of Texas/Texas A&M Investment Management Company
210,488US$338.9k0%0.05%
0.65%
Bridgeway Capital Management, LLC
199,000US$320.4k14.4%no data
0.6%
UBS Asset Management AG
185,642US$298.9k7.19%no data
0.59%
Geode Capital Management, LLC
181,961US$293.0k19%no data
0.49%
Peter Carlson
150,000US$241.5k0%no data
0.47%
Wensheng Fan
145,489US$234.2k0%no data
0.47%
Marshall Wace LLP
145,482US$234.2k246%no data
0.39%
Vincent Capone
119,700US$192.7k0%no data
0.35%
BlackRock, Inc.
107,871US$173.7k167%no data
0.29%
Rathbones Investment Management Limited
89,178US$143.6k-79.4%no data
0.24%
DNB Asset Management AS
73,705US$118.7k71.3%no data
0.22%
Richard Cotton
66,927US$107.8k0%no data
0.2%
Forum Financial Management, LP
60,501US$97.4k149%no data
0.13%
Shay Capital LLC
40,863US$65.8k-17.6%0.01%
0.13%
State Street Global Advisors, Inc.
39,600US$63.8k0%no data
0.1%
Northern Trust Global Investments
31,305US$50.4k0%no data
0.08%
Martin Christopher Mellish
24,398US$39.3k0%no data
0.052%
Jeremiah Sparks
16,084US$25.9k0%no data
0.042%
Raymond James Financial, Inc.
12,800US$20.6k1,180%no data
0.039%
Philip James Wealth Management, LLC
12,000US$19.3k0%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/01 16:34
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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.

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

Spectral AI, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GormanBTIG
Carl ByrnesNorthland Capital Markets
Vadim Alexandre KhalilSP Angel Corporate Finance LLP