National Research Ownership

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

Recent Insider Transactions

NasdaqGS:NRC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 Mar 24	SellUS$24,269,393	Thomas Richardson	Individual	598,653	US$40.54
05 Jan 24	SellUS$294,710	Michael Hays	Individual	7,214	US$41.22
03 Jan 24	SellUS$13,125,005	Michael Hays	Individual	321,239	US$41.77
03 Jan 24	SellUS$15,142,876	Thomas Richardson	Individual	364,625	US$41.53
14 Dec 23	SellUS$1,091,264	Michael Hays	Individual	26,263	US$41.59
11 Dec 23	SellUS$2,273,206	Michael Hays	Individual	54,704	US$41.56
06 Dec 23	SellUS$106,080	Michael Hays	Individual	2,550	US$41.60
22 Nov 23	SellUS$32,987	Michael Hays	Individual	784	US$42.10
15 Nov 23	SellUS$16,968	Michael Hays	Individual	403	US$42.10
11 Oct 23	SellUS$71,907	Michael Hays	Individual	1,601	US$44.91
26 Jun 23	SellUS$94,202	Michael Hays	Individual	2,091	US$45.19
21 Jun 23	SellUS$870,678	Michael Hays	Individual	19,346	US$45.01
16 Jun 23	SellUS$1,487,540	Michael Hays	Individual	33,027	US$45.08
13 Jun 23	SellUS$90,101	Michael Hays	Individual	2,000	US$45.05
09 Jun 23	SellUS$572,478	Michael Hays	Individual	12,626	US$46.14
07 Jun 23	SellUS$1,771,404	Michael Hays	Individual	38,629	US$46.68
02 Jun 23	SellUS$954,495	Michael Hays	Individual	21,095	US$45.39
23 May 23	SellUS$1,305,000	Michael Hays	Individual	29,000	US$45.00

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of NRC?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	4,291	0.018%
General Public	2,521,268	10.6%
Individual Insiders	8,775,420	36.8%
Institutions	12,564,506	52.6%

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

Top Shareholders

Top 25 shareholders own 81.6% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.3%	Michael Hays	4,832,407	US$162.8m	-6.35%	no data
16.1%	Thomas Richardson	3,854,284	US$129.9m	-20%	no data
11.9%	Kayne Anderson Rudnick Investment Management, LLC	2,833,057	US$95.4m	-1.68%	0.23%
4.46%	BlackRock, Inc.	1,065,585	US$35.9m	4.92%	no data
3.92%	The Vanguard Group, Inc.	934,644	US$31.5m	-4.7%	no data
3.81%	Eaton Vance Management	909,326	US$30.6m	0%	0.01%
3.27%	Conestoga Capital Advisors, LLC	780,806	US$26.3m	0.98%	0.41%
2.67%	Dimensional Fund Advisors LP	636,402	US$21.4m	1.2%	no data
1.66%	QV Investors Inc.	395,102	US$13.3m	-12.4%	0.53%
1.57%	Renaissance Technologies LLC	373,584	US$12.6m	1.69%	0.02%
1.5%	Virtus Investment Advisers, Inc.	358,344	US$12.1m	0%	1.45%
1.49%	Geode Capital Management, LLC	356,305	US$12.0m	5.39%	no data
1.44%	State Street Global Advisors, Inc.	342,475	US$11.5m	4.53%	no data
1.15%	Northern Trust Global Investments	274,294	US$9.2m	-1.05%	no data
1.05%	Industrielle Alliance, Gestion de placements inc.	250,710	US$8.4m	0%	0.13%
0.92%	IA Global Asset Management Inc.	218,617	US$7.4m	-12.8%	0.09%
0.71%	PineStone Asset Management Inc.	170,000	US$5.7m	11%	0.09%
0.65%	Comerica Bank, Banking Investments	155,174	US$5.2m	-0.78%	0.02%
0.55%	The Norden Group LLC	130,522	US$4.4m	0%	0.38%
0.51%	BNY Mellon Asset Management	121,939	US$4.1m	-7%	no data
0.47%	Charles Schwab Investment Management, Inc.	112,619	US$3.8m	0%	no data
0.42%	Jackson National Asset Management, LLC	100,507	US$3.4m	-2.9%	0.07%
0.4%	Wells Fargo & Company, Securities and Brokerage Investments	94,599	US$3.2m	-2.78%	no data
0.37%	Ohio Public Employees Retirement System	87,325	US$2.9m	0%	0.01%
0.36%	Managed Account Advisors LLC	86,164	US$2.9m	-11.7%	no data