Fortrea Holdings Inc.

NasdaqGS:FTRE Stock Report

Market Cap: US$1.7b

Fortrea Holdings Ownership

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

Recent Insider Transactions

NasdaqGS:FTRE Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
12 Jun 24BuyUS$50,600James HansonIndividual2,000US$25.30
29 May 24BuyUS$248,066Thomas PikeIndividual10,000US$24.81
28 May 24BuyUS$83,177,887Starboard Value LPCompany2,293,000US$36.27
26 Feb 24SellUS$45,717,843Starboard Value LPCompany1,213,892US$37.66

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 FTRE?
Owner TypeNumber of SharesOwnership Percentage
State or Government76,3900.0771%
Individual Insiders318,1220.321%
Hedge Funds15,308,04415.4%
Institutions83,413,55484.2%

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

Top Shareholders

Top 25 shareholders own 91.78% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
19.4%
BlackRock, Inc.
17,406,165US$326.4m7.86%0.01%
10.9%
The Vanguard Group, Inc.
9,763,657US$183.1m-1.04%no data
9.36%
Starboard Value LP
8,400,000US$157.5m5%2.86%
7.7%
Sessa Capital IM, L.P.
6,908,044US$129.5m2.34%4.75%
6.83%
Pacer Advisors, Inc.
6,125,949US$114.9m5,020,000%0.26%
6.55%
Beck, Mack & Oliver LLC
5,878,601US$110.2m66.2%1.99%
5.36%
FMR LLC
4,808,278US$90.2m92.4%0.01%
3.62%
State Street Global Advisors, Inc.
3,250,693US$61.0m7.74%no data
2.56%
The Baupost Group, L.L.C.
2,293,167US$43.0m-27%1.11%
2.48%
Corvex Management LP
2,220,742US$41.6m0%1.41%
2.01%
Coliseum Capital Management, LLC
1,807,065US$33.9m-6.83%2.71%
1.84%
Nordea Investment Management, AB
1,646,316US$30.9m-31.7%0.02%
1.68%
Geode Capital Management, LLC
1,502,546US$28.2m1.41%no data
1.48%
Victory Capital Management Inc.
1,330,657US$24.9m-46%0.02%
1.34%
Diamond Hill Capital Management, Inc.
1,197,696US$22.5m20.5%0.09%
1.27%
Jacobs Levy Equity Management Inc
1,135,619US$21.3m25%0.08%
1.22%
Penn Davis McFarland, Inc.
1,097,196US$20.6m86.4%2.23%
1.02%
Dimensional Fund Advisors LP
916,946US$17.2m-1.82%no data
1.02%
Morgan Stanley, Investment Banking and Brokerage Investments
911,705US$17.1m-37.1%no data
0.77%
Jana Partners Management, LP
692,408US$13.0m0.35%0.64%
0.73%
Bank of America Corporation, Asset Management Arm
651,019US$12.2m64.2%no data
0.72%
BNY Asset Management
646,614US$12.1m-2.87%no data
0.67%
Magnetar Capital Partners, LP
604,378US$11.3m-69.6%0.34%
0.66%
Charles Schwab Investment Management, Inc.
590,428US$11.1m5.22%no data
0.61%
Northern Trust Global Investments
544,091US$10.2m-3.05%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 10:10
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Fortrea Holdings Inc. is covered by 13 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric ColdwellBaird
Ishan MajumdarBaptista Research
Luke SergottBarclays