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	Shares	Max Price
26 Sep 25	BuyUS$34,989	Heena Agrawal	Individual	10,000	US$3.50
16 Jun 25	BuyUS$24,657	Heena Agrawal	Individual	13,000	US$1.90
11 Apr 25	BuyUS$16,560	Heena Agrawal	Individual	9,000	US$1.84
03 Apr 25	BuyUS$9,491	David Finch	Individual	5,000	US$1.90
03 Apr 25	BuyUS$90,500	Brett Paschke	Individual	50,000	US$1.81

Insider Trading Volume

Insider Buying: DLTH 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	2,634,945	7.18%
General Public	3,625,063	9.88%
Institutions	5,920,355	16.1%
Private Companies	8,694,295	23.7%
Individual Insiders	15,817,120	43.1%

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

Top Shareholders

Top 25 shareholders own 85.56% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.9%	Stephen Schlecht	10,585,788	US$32.3m	0%	no data
23.7%	Stephen L .Schlecht And Marianne M. Schlecht Descendants Trust	8,694,295	US$26.5m	0%	no data
7.18%	Askeladden Capital Management LLC	2,634,945	US$8.0m	0%	16.48%
4.75%	Stephanie Pugliese	1,741,699	US$5.3m	0%	no data
2.34%	Samuel Sato	857,966	US$2.6m	0%	no data
2.1%	Dimensional Fund Advisors LP	770,165	US$2.3m	-3.83%	no data
2.08%	Madison Investment Holdings, Inc	762,777	US$2.3m	0%	0.03%
2.08%	The Vanguard Group, Inc.	761,620	US$2.3m	-4.8%	no data
1.99%	Tieton Capital Management, LLC	731,602	US$2.2m	5.33%	0.85%
1.64%	Tenzing Global Management LLC	600,000	US$1.8m	0%	1.41%
1.05%	BlackRock, Inc.	384,381	US$1.2m	0.19%	no data
0.98%	Richard Schlecht	361,339	US$1.1m	0.28%	no data
0.75%	David Homolka	275,413	US$840.0k	0.36%	no data
0.74%	Eli Getson	270,569	US$825.2k	0%	no data
0.71%	Albert Sutera	259,765	US$792.3k	0%	no data
0.68%	Heena Agrawal	248,093	US$756.7k	4.2%	no data
0.61%	Connor, Clark & Lunn Investment Management Ltd.	222,156	US$677.6k	26.1%	no data
0.59%	Bridgeway Capital Management, LLC	217,667	US$663.9k	-42.4%	0.01%
0.57%	David Finch	207,480	US$632.8k	0%	no data
0.47%	Geode Capital Management, LLC	171,793	US$524.0k	5.72%	no data
0.42%	Brett Paschke	155,314	US$473.7k	0%	no data
0.35%	Scott Williams	129,160	US$393.9k	5.22%	no data
0.33%	Neala Shepherd	122,587	US$373.9k	0%	no data
0.31%	William Blair Investment Management, LLC	113,510	US$346.2k	17.2%	no data
0.31%	Garth Weber	113,499	US$346.2k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/26 23:52
End of Day Share Price	2025/11/26 00:00
Earnings	2025/08/03
Annual Earnings	2025/02/02

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 6 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.

Analyst	Institution
Jonathan Komp	Baird
John Morris	BMO Capital Markets Equity Research
Andrew Burns	D.A. Davidson & Co.