Royal Gold Ownership

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

Recent Insider Transactions

NasdaqGS:RGLD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
17 Dec 25	SellUS$65,559	Ronald Vance	Individual	300	US$218.53
11 Dec 25	SellUS$109,145	Ronald Vance	Individual	500	US$218.29
04 Dec 25	SellUS$196,163	Daniel Breeze	Individual	970	US$202.23
17 Mar 25	SellUS$201,474	Randy Shefman	Individual	1,300	US$154.98
11 Mar 25	SellUS$108,570	Daniel Breeze	Individual	705	US$154.00

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of RGLD?
Owner Type	Number of Shares	Ownership Percentage
State or Government	59,067	0.07%
Individual Insiders	243,252	0.288%
General Public	21,101,072	25%
Institutions	62,994,672	74.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.3%.

Top Shareholders

Top 25 shareholders own 56.59% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.8%	Capital Research and Management Company	9,092,219	US$2.1b	1.08%	0.08%
8.38%	BlackRock, Inc.	7,073,873	US$1.6b	2.01%	0.02%
7.96%	The Vanguard Group, Inc.	6,717,367	US$1.5b	0.12%	0.02%
5.92%	Van Eck Associates Corporation	4,994,944	US$1.1b	104%	0.74%
3.94%	State Street Global Advisors, Inc.	3,321,868	US$761.7m	5.41%	0.02%
2.66%	First Eagle Investment Management, LLC	2,247,875	US$515.5m	0%	0.5%
2.22%	Geode Capital Management, LLC	1,874,019	US$429.7m	7.02%	0.02%
1.39%	Findlay Park Partners LLP	1,176,330	US$269.7m	-1.79%	2.77%
1.23%	T. Rowe Price Group, Inc.	1,039,706	US$238.4m	92.6%	0.02%
1.22%	Northern Trust Global Investments	1,030,501	US$236.3m	0.66%	0.03%
1.18%	Dimensional Fund Advisors LP	993,265	US$227.8m	9.45%	0.03%
1.16%	Arrowstreet Capital, Limited Partnership	981,548	US$225.1m	17.8%	0.14%
1.09%	AQR Capital Management, LLC	917,925	US$210.5m	-48.5%	0.13%
0.89%	Morgan Stanley	749,680	US$171.9m	41.7%	0.02%
0.88%	UBS Asset Management AG	745,282	US$170.9m	50.3%	0.01%
0.73%	BNY Asset Management	613,183	US$140.6m	-0.22%	0.02%
0.67%	Invesco Capital Management LLC	565,465	US$129.7m	-4.42%	0.04%
0.62%	FMR LLC	521,182	US$119.5m	-3.6%	0.01%
0.6%	Millennium Management LLC	503,281	US$115.4m	2,610%	0.08%
0.59%	Citadel Advisors LLC	501,410	US$115.0m	0%	0.09%
0.55%	Charles Schwab Investment Management, Inc.	467,980	US$107.3m	-1.32%	0.01%
0.52%	Invesco Ltd.	437,324	US$100.3m	29.9%	0.02%
0.5%	Swedbank Robur Fonder AB	424,129	US$97.3m	35%	0.07%
0.46%	Robert W. Baird & Co. Incorporated	387,168	US$88.8m	279%	0.14%
0.45%	Norges Bank Investment Management	382,527	US$87.7m	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/06 23:02
End of Day Share Price	2026/01/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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

Royal Gold, Inc. is covered by 27 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.

Analyst	Institution
Farooq Hamed	Barclays
Matthew Murphy	BMO Capital Markets Equity Research
Lawson Winder	BofA Global Research