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
Individual Insiders	504,782	3.15%
General Public	1,493,663	9.31%
Institutions	14,039,892	87.5%

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

Top Shareholders

Top 25 shareholders own 68.35% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.5%	BlackRock, Inc.	1,687,847	US$29.8m	-19.6%	no data
8.04%	Dimensional Fund Advisors LP	1,289,203	US$22.8m	-0.53%	no data
7.01%	The Vanguard Group, Inc.	1,124,647	US$19.9m	-1.55%	no data
5.85%	Southeastern Asset Management, Inc.	937,921	US$16.6m	0%	0.61%
3.99%	Readystate Asset Management LP	639,450	US$11.3m	10.1%	0.88%
3.27%	American Century Investment Management Inc	524,538	US$9.3m	-12.3%	no data
2.35%	D. E. Shaw & Co., L.P.	376,396	US$6.6m	0.39%	0.01%
2.33%	Geode Capital Management, LLC	373,726	US$6.6m	-3.38%	no data
2.16%	State Street Global Advisors, Inc.	345,735	US$6.1m	-11.9%	no data
2.03%	Towle & Co	326,223	US$5.8m	537%	1.35%
1.97%	Jacobs Levy Equity Management Inc	315,656	US$5.6m	183%	0.02%
1.93%	Charles Schwab Investment Management, Inc.	309,554	US$5.5m	0%	no data
1.89%	Columbia Management Investment Advisers, LLC	303,177	US$5.4m	7.13%	no data
1.78%	Anchor Capital Management Company, LLC	285,053	US$5.0m	14.9%	4.4%
1.73%	Bridgeway Capital Management, LLC	277,530	US$4.9m	0.09%	0.07%
1.68%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	270,123	US$4.8m	-54.8%	no data
1.54%	Arsen Kitch	246,798	US$4.4m	0%	no data
1.19%	Castleknight Management LP	191,274	US$3.4m	22.5%	0.17%
1.18%	First Eagle Investment Management, LLC	189,558	US$3.3m	126%	no data
1.11%	Morgan Stanley	177,854	US$3.1m	179%	no data
1.09%	Citadel Advisors LLC	174,469	US$3.1m	257%	no data
1.04%	Cramer Rosenthal McGlynn LLC	166,609	US$2.9m	-23.4%	0.19%
0.94%	Point72 Asset Management, L.P.	151,277	US$2.7m	217%	no data
0.88%	Northern Trust Global Investments	141,709	US$2.5m	-11%	no data
0.85%	WEDGE Capital Management LLP	135,819	US$2.4m	16.1%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/02 01:14
End of Day Share Price	2025/10/31 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

Clearwater Paper Corporation is covered by 8 analysts. 2 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.