Duluth Holdings Ownership

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

Recent Insider Transactions

NasdaqGS:DLTH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
04 Sep 24	BuyUS$39,616	Brett Paschke	Individual		10,000	US$3.96
10 Apr 24	SellUS$47,000	Neala Shepherd	Individual		10,000	US$4.70

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 DLTH?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	2,207,214	6.27%
General Public	3,790,282	10.8%
Institutions	7,381,190	21%
Private Companies	8,694,295	24.7%
Individual Insiders	13,104,173	37.3%

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

Top Shareholders

Top 25 shareholders own 83.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
30.1%	Stephen Schlecht	10,585,788	US$31.0m	-0.6%	no data
24.7%	Stephen L .Schlecht And Marianne M. Schlecht Descendants Trust	8,694,295	US$25.5m	0%	no data
6.27%	Askeladden Capital Management LLC	2,207,214	US$6.5m	0%	27.0%
4.34%	Madison Investment Holdings, Inc	1,525,554	US$4.5m	100%	0.02%
2.6%	Samuel Sato	915,945	US$2.7m	0%	no data
2.27%	The Vanguard Group, Inc.	800,022	US$2.3m	0%	no data
2.23%	Dimensional Fund Advisors LP	784,681	US$2.3m	-1.57%	no data
2.06%	Tieton Capital Management, LLC	725,635	US$2.1m	22.2%	0.81%
1.22%	BlackRock, Inc.	430,193	US$1.3m	-0.48%	no data
1.05%	Bridgeway Capital Management, LLC	367,828	US$1.1m	1.23%	0.02%
0.78%	Richard Schlecht	273,700	US$801.9k	13.3%	no data
0.74%	Connor, Clark & Lunn Investment Management Ltd.	260,988	US$764.7k	13.9%	no data
0.71%	Marshall Wace LLP	250,960	US$735.3k	114%	no data
0.55%	Millennium Management LLC	192,137	US$563.0k	86.3%	no data
0.51%	David Homolka	180,345	US$528.4k	0%	no data
0.47%	Geode Capital Management, LLC	166,534	US$487.9k	-25.7%	no data
0.45%	David Finch	159,926	US$468.6k	0%	no data
0.45%	Albert Sutera	157,818	US$462.4k	0%	no data
0.44%	Arrowstreet Capital, Limited Partnership	154,199	US$451.8k	96%	no data
0.39%	Eli Getson	137,614	US$403.2k	0%	no data
0.35%	Neala Shepherd	122,587	US$359.2k	0%	no data
0.31%	Francesca Edwardson	108,925	US$319.2k	5.16%	no data
0.3%	William Blair Investment Management, LLC	104,932	US$307.5k	0%	no data
0.28%	Citadel Advisors LLC	98,405	US$288.3k	13.4%	no data
0.26%	Mill Road Capital Management LLC	93,019	US$272.5k	-81.2%	0.13%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/16 03:03
End of Day Share Price	2025/02/14 00:00
Earnings	2024/10/27
Annual Earnings	2024/01/28

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

Duluth Holdings Inc. is covered by 8 analysts. 3 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
Jonathan Komp	Baird
John Morris	BMO Capital Markets Equity Research
Janine Hoffman Stichter	BTIG