FirstService Ownership

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

Recent Insider Transactions

NasdaqGS:FSV Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
18 Feb 26	SellUS$7,316,019	D. Patterson	Individual	46,700	US$157.58
10 Feb 26	SellUS$8,256	Joan Sproul	Individual	50	US$165.12
20 Nov 25	SellUS$408,571	Joan Sproul	Individual	2,700	US$151.52
15 Sep 25	SellUS$24,938,926	Jay Hennick	Individual	120,500	US$206.96
12 Sep 25	SellUS$1,237,290	Erin Wallace	Individual	6,000	US$206.22
11 Sep 25	SellUS$2,509,704	Jeremy Rakusin	Individual	12,000	US$209.44
26 Aug 25	SellUS$604,202	Erin Wallace	Individual	3,000	US$201.40
20 Aug 25	SellUS$5,013,080	D. Patterson	Individual	25,000	US$201.26
29 Jul 25	SellUS$752,688	Jeremy Rakusin	Individual	3,800	US$198.29
24 Jun 25	SellUS$528,846	Erin Wallace	Individual	3,000	US$176.28
12 Jun 25	SellUS$444,774	Joan Sproul	Individual	2,500	US$178.01
12 Jun 25	SellUS$88,862	Joan Sproul	Individual	500	US$177.73
25 Mar 25	SellUS$217,193	Joan Sproul	Individual	1,250	US$173.84

Insider Trading Volume

Insider Buying: FSV insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of FSV?
Owner Type	Number of Shares	Ownership Percentage
State or Government	20,070	0.0436%
Individual Insiders	415,460	0.904%
Private Companies	1,050,262	2.28%
General Public	10,209,401	22.2%
Institutions	34,286,568	74.6%

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

Top Shareholders

Top 25 shareholders own 47.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.04%	Manulife Asset Management	2,775,353	US$414.9m	493%	0.28%
4.32%	Orbis Investment Management Limited	1,984,677	US$296.7m	36.5%	0.71%
4.25%	The Vanguard Group, Inc.	1,954,819	US$292.2m	1.55%	no data
3.9%	Mackenzie Financial Corporation	1,791,116	US$267.8m	15.5%	0.24%
2.97%	Janus Henderson Group plc	1,367,564	US$204.4m	73.6%	0.08%
2.55%	Conestoga Capital Advisors, LLC	1,172,521	US$175.3m	-4.15%	2.98%
2.52%	Neuberger Berman Investment Advisers LLC	1,156,598	US$172.9m	-7.96%	0.13%
2.28%	Rondeau Investment Inc.	1,050,262	US$157.0m	0%	no data
1.78%	T. Rowe Price Group, Inc.	820,015	US$122.6m	-50.7%	0.01%
1.66%	William Blair Investment Management, LLC	764,936	US$114.4m	14.2%	0.15%
1.57%	Wellington Management Group LLP	719,993	US$107.6m	18,400%	0.02%
1.2%	Fidelity International Ltd	551,994	US$82.5m	-64.4%	0.03%
1.2%	Norges Bank Investment Management	550,405	US$82.3m	2.35%	0.01%
1.15%	Geode Capital Management, LLC	529,854	US$79.2m	8.99%	no data
1.1%	Canadian Imperial Bank of Commerce	507,243	US$75.8m	11.8%	0.12%
1.07%	Renaissance Technologies LLC	489,988	US$73.3m	-11.9%	0.11%
1.02%	IG Investment Management, Ltd.	470,505	US$70.3m	0%	0.15%
0.97%	Fred Alger Management, LLC	444,706	US$66.5m	3.02%	0.27%
0.96%	1832 Asset Management L.P.	442,773	US$66.2m	8.88%	0.07%
0.95%	Durable Capital Partners, LP	436,598	US$65.3m	-80.3%	0.64%
0.92%	TD Asset Management, Inc.	421,603	US$63.0m	46.4%	0.04%
0.9%	BMO Asset Management Corp.	415,860	US$62.2m	-0.22%	0.02%
0.9%	Nationwide Fund Advisors	414,948	US$62.0m	8.17%	0.29%
0.89%	Eaton Vance Management	409,025	US$61.1m	-4.33%	0.01%
0.81%	Royce & Associates, LP	372,861	US$55.7m	3.53%	0.5%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/11 10:40
End of Day Share Price	2026/03/11 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

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

FirstService Corporation is covered by 14 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
Will Chien	Accountability Research Corporation
Stephen MacLeod	BMO Capital Markets Equity Research
Erin Kyle	CIBC Capital Markets