LandBridge Ownership

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

Recent Insider Transactions

NYSE:LB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
06 Mar 26	SellUS$3,974,476	Wincrest Capital Ltd.	Company	53,350	US$75.19
06 Jan 26	BuyUS$24,974	Scott McNeely	Individual	549	US$45.49
05 Jan 26	BuyUS$99,842	Jason Long	Individual	2,143	US$46.59
05 Jan 26	BuyUS$39,814	Harrison Bolling	Individual	850	US$46.84

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 LB?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	256,299	0.888%
Private Companies	583,574	2.02%
Institutions	28,029,992	97.1%

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

Top Shareholders

Top 25 shareholders own 89.89% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.4%	First Manhattan Co. LLC	7,057,228	US$1.5b	2.85%	1.31%
20.9%	Horizon Kinetics Holding Corporation	5,821,263	US$1.2b	2.9%	5.08%
6.38%	FMR LLC	1,775,450	US$370.3m	33%	0.01%
4.45%	Vanguard Portfolio Management, LLC	1,239,898	US$258.6m	0%	no data
3.94%	Morgan Stanley Investment Management Inc.	1,095,803	US$228.6m	-75.7%	0.07%
3.35%	William Blair Investment Management, LLC	931,836	US$194.4m	26.9%	0.08%
2.35%	UBS Asset Management AG	653,442	US$136.3m	121%	no data
2.32%	Schwartz Investment Counsel, Inc.	644,716	US$134.5m	8.74%	1.54%
2.23%	Hood River Capital Management LLC	621,075	US$129.6m	0%	0.39%
2.02%	Marshall Wace Llp	562,062	US$117.2m	294%	no data
1.96%	Two Sigma Investments, LP	545,477	US$113.8m	1,140%	0.03%
1.79%	D.F. Dent and Company, Inc.	497,807	US$103.8m	13.4%	0.62%
1.38%	Cortland Associates, Inc.	384,317	US$80.2m	-3.61%	3.8%
1.33%	Morgan Stanley	369,225	US$77.0m	-0.44%	no data
1.32%	AllianceBernstein L.P.	366,831	US$76.5m	-15.3%	0.01%
1.3%	Raymond James Financial, Inc.	363,112	US$75.7m	-6.49%	0.01%
0.99%	CapFinancial Partners, LLC	274,559	US$57.3m	2.45%	0.03%
0.96%	MRM-Horizon Advisors, LLC	267,953	US$55.9m	0.59%	8.07%
0.89%	Ashford Capital Management Inc	248,540	US$51.8m	0%	1.91%
0.82%	Summit Street Capital Management, LLC	227,258	US$47.4m	0%	2.02%
0.81%	One Charles Private Wealth Services, LLC	224,152	US$46.8m	-4.93%	3.87%
0.8%	Moors & Cabot, Inc.	223,994	US$46.7m	8.67%	0.64%
0.77%	Jane Street Group, LLC	214,698	US$44.8m	110%	0.01%
0.75%	EagleClaw Capital Management, LLC	208,955	US$43.6m	4.02%	2.06%
0.73%	Citadel Advisors LLC	204,233	US$42.6m	-9.12%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/09 10:29
End of Day Share Price	2026/08/07 00:00
Earnings	2026/06/30
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

LandBridge Company LLC is covered by 9 analysts. 5 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
Theresa Chen	Barclays
Spiro Dounis	Citigroup Inc
John Mackay	Goldman Sachs