Tilray Brands Ownership

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

Recent Insider Transactions

NasdaqGS:TLRY Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
31 Jul 25	BuyUS$3,496	Mitchell Gendel	Individual	600	US$5.83
30 Jul 25	BuyUS$100,106	Irwin Simon	Individual	16,500	US$6.07
30 Jul 25	BuyUS$19,939	Carl Merton	Individual	3,350	US$5.95

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 TLRY?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	903,343	0.781%
Institutions	9,414,928	8.14%
General Public	105,360,337	91.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.1%.

Top Shareholders

Top 25 shareholders own 9.18% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
2.26%	Tidal Investments LLC	2,613,053	US$25.4m	-9.81%	0.1%
1.28%	Hudson River Trading LLC	1,484,925	US$14.4m	1,390%	0.06%
0.87%	Susquehanna International Group, LLP	1,010,803	US$9.8m	130%	0.01%
0.43%	Millennium Management LLC	494,231	US$4.8m	281%	no data
0.42%	Irwin Simon	482,649	US$4.7m	27.8%	no data
0.39%	UBS Asset Management AG	450,809	US$4.4m	-33.3%	no data
0.38%	Jane Street Group, LLC	441,350	US$4.3m	85.9%	no data
0.35%	The Vanguard Group, Inc.	404,323	US$3.9m	-9.64%	no data
0.32%	RBC Dominion Securities Inc.	368,004	US$3.6m	56.9%	no data
0.29%	Mirae Asset Global Investments Co., Ltd.	336,001	US$3.3m	0%	no data
0.28%	State Street Global Advisors, Inc.	318,552	US$3.1m	26.1%	no data
0.25%	BlackRock, Inc.	292,322	US$2.8m	3.69%	no data
0.22%	Morgan Stanley	252,382	US$2.5m	-39%	no data
0.2%	Luxor Capital Group, LP	234,300	US$2.3m	0%	0.29%
0.17%	Schweizerische Nationalbank	201,303	US$2.0m	4.4%	no data
0.16%	Citadel Advisors LLC	184,824	US$1.8m	-66.7%	no data
0.15%	Two Sigma Investments, LP	173,383	US$1.7m	-24.9%	no data
0.12%	Quinn Opportunity Partners LLC	139,808	US$1.4m	-27.1%	0.1%
0.1%	Geode Capital Management, LLC	117,474	US$1.1m	148%	no data
0.099%	D. E. Shaw & Co., L.P.	114,889	US$1.1m	0%	no data
0.093%	Northern Trust Global Investments	107,673	US$1.0m	10.1%	no data
0.09%	AQR Capital Management, LLC	103,844	US$1.0m	-9.26%	no data
0.087%	Scientech Research LLC	101,030	US$982.0k	0%	0.34%
0.086%	Caitong International Asset Management Co., Limited	99,204	US$964.3k	9,920,000%	0.73%
0.08%	Carl Merton	92,050	US$894.7k	20.4%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/05 11:00
End of Day Share Price	2026/01/02 00:00
Earnings	2025/08/31
Annual Earnings	2025/05/31

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

Tilray Brands, Inc. is covered by 26 analysts. 9 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
Aaron Grey	Alliance Global Partners
Frederico Yokota Choucair Gomes	ATB Capital Markets
Gaurav Jain	Barclays