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

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 NRC?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	150	0.000628%
General Public	1,679,058	7.03%
Individual Insiders	8,775,420	36.8%
Institutions	13,416,629	56.2%

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

Top Shareholders

Top 25 shareholders own 83.71% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.2%	Michael Hays	4,832,407	US$110.9m	-6.35%	no data
16.1%	Thomas Richardson	3,854,284	US$88.5m	-20%	no data
12.7%	Kayne Anderson Rudnick Investment Management, LLC	3,026,415	US$69.5m	5.03%	0.16%
4.47%	BlackRock, Inc.	1,068,019	US$24.5m	0.23%	no data
3.96%	The Vanguard Group, Inc.	944,995	US$21.7m	1.11%	no data
3.81%	Eaton Vance Management	909,694	US$20.9m	0.04%	0.01%
3.29%	Conestoga Capital Advisors, LLC	784,656	US$18.0m	0.49%	0.28%
2.67%	Dimensional Fund Advisors LP	638,389	US$14.7m	0.31%	no data
1.58%	Renaissance Technologies LLC	378,284	US$8.7m	1.26%	0.01%
1.55%	Geode Capital Management, LLC	369,615	US$8.5m	3.74%	no data
1.5%	Virtus Investment Advisers, Inc.	358,344	US$8.2m	0%	0.98%
1.49%	Invesco Ltd.	356,078	US$8.2m	5,020%	no data
1.48%	State Street Global Advisors, Inc.	354,345	US$8.1m	3.47%	no data
1.43%	QV Investors Inc.	342,250	US$7.9m	-13.4%	0.32%
1.29%	Northern Trust Global Investments	307,272	US$7.1m	12%	no data
0.8%	Industrielle Alliance, Gestion de placements inc.	191,090	US$4.4m	-23.8%	0.07%
0.8%	IA Global Asset Management Inc.	191,090	US$4.4m	-12.6%	0.05%
0.74%	Wells Fargo & Company, Securities and Brokerage Investments	177,806	US$4.1m	88%	no data
0.71%	PineStone Asset Management Inc.	170,000	US$3.9m	11%	0.05%
0.65%	Comerica Bank, Banking Investments	154,919	US$3.6m	-0.16%	0.02%
0.56%	Jackson National Asset Management, LLC	134,000	US$3.1m	33.3%	0.06%
0.49%	BNY Asset Management	116,960	US$2.7m	-4.08%	no data
0.48%	Charles Schwab Investment Management, Inc.	114,089	US$2.6m	1.31%	no data
0.48%	Managed Account Advisors LLC	113,964	US$2.6m	32.3%	no data
0.4%	Envestnet Asset Management, Inc.	94,478	US$2.2m	365%	no data