Reservoir Media Ownership

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

Recent Insider Transactions

NasdaqGM:RSVR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
23 Sep 24	BuyUS$610,118	Irenic Capital Management LP	Company	83,513	US$7.46
12 Aug 24	BuyUS$2,800	Adam Rothstein	Individual	400	US$7.00
06 Aug 24	BuyUS$21,150	Adam Rothstein	Individual	3,000	US$7.05
13 Jun 24	BuyUS$28,172	Adam Rothstein	Individual	4,016	US$7.04
05 Jun 24	BuyUS$2,804,905	Wesbild Inc.	Company	350,000	US$8.11
25 Apr 24	BuyUS$6,175,633	Irenic Capital Management LP	Company	743,640	US$8.30

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 RSVR?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,108,591	3.23%
General Public	4,413,528	6.77%
Institutions	10,574,698	16.2%
Hedge Funds	19,559,167	30%
Private Companies	28,576,573	43.8%

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

Top Shareholders

Top 25 shareholders own 91.24% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
43.8%	Wesbild Inc.	28,576,573	US$202.9m	0%	no data
21.8%	Richmond Hill Investments, LLC	14,236,585	US$101.1m	0%	47.97%
8.16%	Irenic Capital Management LP	5,322,582	US$37.8m	0.19%	7.33%
3.06%	Federated Hermes, Inc.	1,994,611	US$14.2m	0%	0.04%
2.39%	Nantahala Capital Management, LLC	1,560,797	US$11.1m	0%	0.83%
1.89%	BlackRock, Inc.	1,230,518	US$8.7m	-0.15%	no data
1.76%	Stephen Cook	1,145,351	US$8.1m	0%	no data
1.22%	AWM Investment Company Inc	797,558	US$5.7m	0%	0.86%
1.04%	The Vanguard Group, Inc.	678,129	US$4.8m	14.1%	no data
0.95%	Geode Capital Management, LLC	620,947	US$4.4m	0%	no data
0.93%	Sanders Morris Harris,Asset Managemnet arm	605,009	US$4.3m	-1.9%	0.72%
0.6%	State Street Global Advisors, Inc.	390,768	US$2.8m	4.24%	no data
0.54%	Dimensional Fund Advisors LP	352,568	US$2.5m	18.6%	no data
0.43%	Golnar Khosrowshahi	279,737	US$2.0m	23.7%	no data
0.42%	Adam Rothstein	275,017	US$2.0m	0%	no data
0.35%	Russell Investment Management, LLC	227,107	US$1.6m	-26.5%	no data
0.31%	Northern Trust Global Investments	203,686	US$1.4m	2.51%	no data
0.31%	Persis Holdings Ltd.	200,000	US$1.4m	0%	100.0%
0.24%	Rell Lafargue	153,963	US$1.1m	0%	no data
0.21%	Ezra Field	139,363	US$989.5k	0%	no data
0.21%	Hurley Capital, LLC	139,363	US$989.5k	0%	0.86%
0.19%	Schonfeld Strategic Advisors LLC	125,001	US$887.5k	0%	0.01%
0.15%	Weiss Asset Management, LLC	96,074	US$682.1k	-43.8%	0.03%
0.13%	Goldman Sachs Group, Investment Banking and Securities Investments	86,893	US$616.9k	14.5%	no data
0.13%	Morgan Stanley, Investment Banking and Brokerage Investments	82,509	US$585.8k	-7.5%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/23 13:42
End of Day Share Price	2025/04/23 00:00
Earnings	2024/12/31
Annual Earnings	2024/03/31

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

Reservoir Media, Inc. is covered by 5 analysts. 3 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
Daniel Day	B. Riley Securities, Inc.
Griffin Boss	B. Riley Securities, Inc.
Alex Fuhrman	Craig-Hallum Capital Group LLC