Outbrain Ownership

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

Recent Insider Transactions

NasdaqGS:OB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
13 Mar 25	BuyUS$79,600	David Kostman	Individual		20,000	US$3.98

Insider Trading Volume

Insider Buying: OB insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of OB?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	4,632,435	4.91%
VC/PE Firms	6,345,789	6.73%
General Public	7,300,971	7.74%
Institutions	23,915,611	25.4%
Private Companies	52,105,286	55.3%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 93.1%.

Top Shareholders

Top 25 shareholders own 85.47% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
46.4%	Altice Teads S.A.	43,750,000	US$122.9m	0%	no data
6.73%	Viola Group	6,345,789	US$17.8m	0%	6.47%
5.04%	Value Base Fund Management Ltd.	4,752,107	US$13.4m	5.38%	no data
4.78%	Value Base Ltd, Investment Arm	4,509,559	US$12.7m	17.5%	5.53%
3.82%	Bertelsmann SE & Co. KGaA	3,603,179	US$10.1m	0%	no data
3.6%	Yaron Galai	3,398,019	US$9.5m	-1.72%	no data
3.01%	BlackRock, Inc.	2,839,122	US$8.0m	-2.14%	no data
2.27%	The Vanguard Group, Inc.	2,141,702	US$6.0m	1.3%	no data
1.07%	Meros Investment Management, LP	1,005,490	US$2.8m	16.4%	1.48%
1.04%	Acadian Asset Management LLC	985,089	US$2.8m	46.5%	0.01%
0.95%	Bridgeway Capital Management, LLC	896,636	US$2.5m	13.5%	0.04%
0.9%	Susquehanna International Group, LLP, Asset Management Arm	853,330	US$2.4m	-5.19%	no data
0.88%	Geode Capital Management, LLC	831,619	US$2.3m	-0.75%	no data
0.73%	State Street Global Advisors, Inc.	691,941	US$1.9m	-3.23%	no data
0.55%	Dimensional Fund Advisors LP	520,409	US$1.5m	90.8%	no data
0.51%	David Kostman	481,142	US$1.4m	-26.8%	no data
0.44%	Jacobs Levy Equity Management Inc	415,431	US$1.2m	168%	no data
0.41%	AQR Capital Management, LLC	387,436	US$1.1m	134%	no data
0.4%	Asaf Porat	380,189	US$1.1m	14%	no data
0.38%	Marshall Wace LLP	362,080	US$1.0m	1,390%	no data
0.33%	American Century Investment Management Inc	311,931	US$876.5k	181%	no data
0.32%	Northern Trust Global Investments	300,120	US$843.3k	-11.4%	no data
0.3%	AWM Investment Company Inc	286,155	US$804.1k	-4.98%	0.09%
0.3%	Millennium Management LLC	280,406	US$787.9k	1,870%	no data
0.29%	Qube Research & Technologies Ltd	271,444	US$762.8k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/09 04:24
End of Day Share Price	2025/06/06 00:00
Earnings	2025/03/31
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

Outbrain Inc. is covered by 9 analysts. 5 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
Ross Sandler	Barclays
Daniel Day	B. Riley Securities, Inc.
Zachary Cummins	B. Riley Securities, Inc.