Smith-Midland Ownership

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

Recent Insider Transactions

NasdaqCM:SMID Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
14 Jun 24	SellUS$48,691	Richard Gerhardt	Individual		1,334	US$36.50

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 SMID?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	756,613	14.3%
General Public	1,359,838	25.6%
Institutions	3,187,155	60.1%

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

Top Shareholders

Top 25 shareholders own 72.14% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
33.2%	Thompson Davis Asset Management	1,758,865	US$76.3m	0.45%	49.93%
10.4%	Rodney Smith	549,499	US$23.8m	0%	no data
4.63%	BlackRock, Inc.	245,480	US$10.6m	11.2%	no data
4.37%	The Vanguard Group, Inc.	231,720	US$10.1m	1.88%	no data
3.96%	Needham Investment Management, LLC	210,000	US$9.1m	13.5%	0.71%
3.35%	Ashley Smith	177,689	US$7.7m	-13.6%	no data
1.91%	Geode Capital Management, LLC	101,193	US$4.4m	1.88%	no data
1.63%	Bard Associates Inc.	86,371	US$3.7m	-0.52%	1.3%
1.41%	RBF Capital LLC	74,600	US$3.2m	0%	0.17%
1.15%	Corient Private Wealth LLC	61,250	US$2.7m	0%	no data
1.03%	State Street Global Advisors, Inc.	54,543	US$2.4m	8.21%	no data
0.98%	Rice Hall James & Associates, LLC	51,731	US$2.2m	22.7%	0.12%
0.74%	Northern Trust Global Investments	39,356	US$1.7m	172%	no data
0.72%	Heritage Investors Management Corp	38,300	US$1.7m	-0.26%	0.06%
0.56%	Dimensional Fund Advisors LP	29,612	US$1.3m	-1.14%	no data
0.25%	Bank of America Corporation, Asset Management Arm	13,182	US$571.8k	1.26%	no data
0.24%	Morgan Stanley, Investment Banking and Brokerage Investments	12,912	US$560.1k	95.3%	no data
0.24%	James Bruner	12,594	US$546.3k	0%	no data
0.23%	Charles Schwab Investment Management, Inc.	12,369	US$536.6k	-0.71%	no data
0.23%	Manifold Fund Advisors, LLC	12,098	US$524.8k	0%	0.05%
0.21%	Rockefeller & Co. LLC	11,048	US$479.3k	-75.5%	no data
0.2%	Millennium Management LLC	10,729	US$465.4k	3.72%	no data
0.2%	Citadel Advisors LLC	10,499	US$455.4k	0%	no data
0.19%	Matthew Smith	10,206	US$442.7k	0%	no data
0.19%	Buckingham Capital Management, Inc.	10,000	US$433.8k	0%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:52
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Smith-Midland Corporation is covered by 0 analysts. 0 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