SNDL Inc.

NasdaqCM:SNDL Stock Report

Market Cap: US$440.3m

SNDL Ownership

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

Recent Insider Transactions

NasdaqCM:SNDL Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
06 Nov 25BuyUS$50,651J. MillsIndividual40,000US$1.27
16 Jun 25SellUS$14,439Global Business Travel Group, Inc.Company11,000US$1.31
28 Mar 25SellUS$903,635Cannell Capital LLCCompany620,895US$1.46
26 Mar 25SellUS$585,371Cannell Capital LLCCompany387,730US$1.54
21 Mar 25BuyUS$31,796Gregory TurnbullIndividual20,000US$1.59

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of SNDL?
Owner TypeNumber of SharesOwnership Percentage
Private Companies5,0000.00194%
Individual Insiders3,386,3271.32%
Hedge Funds29,192,18111.3%
Institutions56,163,95921.8%
General Public168,752,53365.5%

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

Top Shareholders

Top 25 shareholders own 32.3% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.3%
Armistice Capital LLC
29,192,181US$49.9m0%1.31%
4.79%
Morgan Stanley
12,327,949US$21.1m227%no data
3.48%
Cannell Capital LLC
8,951,755US$15.3m0%4.08%
2.36%
Tidal Investments LLC
6,086,317US$10.4m-16.3%0.04%
1.8%
Arrowstreet Capital, Limited Partnership
4,622,786US$7.9m718%no data
1.28%
AdvisorShares Investments, LLC
3,292,492US$5.6m204%0.55%
0.86%
RBC Dominion Securities Inc.
2,214,689US$3.8m-7.19%no data
0.85%
Citadel Advisors LLC
2,180,854US$3.7m0%no data
0.73%
JPMorgan Chase & Co.
1,880,182US$3.2m0%no data
0.66%
Zachary George
1,711,393US$2.9m0%no data
0.64%
Mirae Asset Global Investments Co., Ltd.
1,646,000US$2.8m-14.3%no data
0.6%
Jane Street Group, LLC
1,534,318US$2.6m638%no data
0.38%
The Goldman Sachs Group, Inc.
969,573US$1.7m655%no data
0.37%
Ewing Morris & Co. Investment Partners
951,222US$1.6m0%0.9%
0.31%
Lazard Asset Management LLC
794,599US$1.4m0%no data
0.3%
Alberto Paredero-Quiros
763,044US$1.3m0%no data
0.25%
Tyler Robson
634,946US$1.1m0%no data
0.2%
Cambria Investment Management, L.P.
525,606US$898.8k41.9%0.03%
0.2%
Millennium Management LLC
525,291US$898.3k-78.2%no data
0.18%
Numeric Investors LLC
463,588US$792.7k1,130%no data
0.16%
State Street Global Advisors, Inc.
421,289US$720.4k11%no data
0.16%
RBF Capital LLC
400,000US$684.0k-5.88%0.03%
0.15%
Simplex Trading, LLC
393,556US$673.0k40.8%0.01%
0.14%
Winton Capital Group Limited
354,508US$606.2k3,110%0.02%
0.13%
Bank of America Corporation
347,105US$593.6k6.41%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/06 02:53
End of Day Share Price 2026/01/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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

SNDL Inc. is covered by 9 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.

AnalystInstitution
Aaron GreyAlliance Global Partners
Frederico Yokota Choucair GomesATB Capital Markets
David KideckelATB Capital Markets