Clearwater Paper 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 CLW?
Owner Type	Number of Shares	Ownership Percentage
State or Government	10,081	0.0608%
Individual Insiders	375,283	2.27%
General Public	1,367,324	8.25%
Institutions	14,815,034	89.4%

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

Top Shareholders

Top 25 shareholders own 69.44% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.4%	Pacer Advisors, Inc.	1,887,015	US$57.1m	45.2%	0.11%
10.1%	BlackRock, Inc.	1,668,972	US$50.5m	-42.8%	no data
8.24%	Dimensional Fund Advisors LP	1,364,633	US$41.3m	-3.1%	0.01%
7.39%	The Vanguard Group, Inc.	1,225,080	US$37.1m	-0.3%	no data
3.92%	State Street Global Advisors, Inc.	649,880	US$19.7m	-2.86%	no data
3.58%	American Century Investment Management Inc	593,504	US$18.0m	19.8%	0.01%
2.6%	Invesco Capital Management LLC	431,342	US$13.1m	19.2%	no data
2.49%	Bridgeway Capital Management, LLC	412,888	US$12.5m	2.67%	0.16%
2.31%	Geode Capital Management, LLC	382,003	US$11.6m	-0.25%	no data
1.6%	Columbia Management Investment Advisers, LLC	265,384	US$8.0m	10.9%	no data
1.51%	Charles Schwab Investment Management, Inc.	250,042	US$7.6m	-25.3%	no data
1.42%	Anchor Capital Management Company, LLC	235,853	US$7.1m	0%	5.12%
1.22%	Arrowstreet Capital, Limited Partnership	202,498	US$6.1m	2.52%	no data
1.19%	Pictet Asset Management Limited	197,181	US$6.0m	-19.6%	no data
1.16%	D. E. Shaw & Co., L.P.	192,852	US$5.8m	34.2%	0.01%
1.11%	Allianz Asset Management GmbH	183,784	US$5.6m	21.6%	no data
1.07%	Northern Trust Global Investments	177,420	US$5.4m	-8.43%	no data
1.07%	Arsen Kitch	177,192	US$5.4m	0%	no data
1.06%	Oberweis Asset Management, Inc.	175,200	US$5.3m	56.2%	0.16%
1.04%	Renaissance Technologies LLC	172,800	US$5.2m	-0.23%	0.01%
0.9%	Qube Research & Technologies Ltd	148,530	US$4.5m	27,800%	0.01%
0.8%	PGIM, Inc.	132,388	US$4.0m	-9.44%	no data
0.78%	BNY Asset Management	129,051	US$3.9m	-7.94%	no data
0.76%	Morgan Stanley, Investment Banking and Brokerage Investments	125,902	US$3.8m	-19%	no data
0.75%	Black Diamond Capital Management, L.L.C.	123,508	US$3.7m	0%	1.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:08
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

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 .

Analyst Sources

Clearwater Paper Corporation is covered by 10 analysts. 1 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
Mark Wilde	BMO Capital Markets Equity Research
Roger Spitz	BofA Global Research
Steven Chercover	D.A. Davidson & Co.