Blackbaud Ownership

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

Recent Insider Transactions

NasdaqGS:BLKB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 25	SellUS$90,384	Rupal Hollenbeck	Individual	1,600	US$56.49
06 Nov 25	SellUS$901,900	Michael Gianoni	Individual	15,000	US$63.29
29 Aug 25	SellUS$266,446	Deneen DeFiore	Individual	4,000	US$66.61
08 Aug 25	SellUS$159,950	Rupal Hollenbeck	Individual	2,500	US$63.98
16 May 25	SellUS$351,931	Chad Anderson	Individual	5,500	US$63.99
02 May 25	SellUS$654,140	Jon Olson	Individual	10,698	US$61.15
24 Feb 25	SellUS$253,488	Jon Olson	Individual	3,700	US$68.51

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of BLKB?
Owner Type	Number of Shares	Ownership Percentage
State or Government	8,527	0.0175%
Individual Insiders	984,075	2.02%
VC/PE Firms	9,751,837	20%
Institutions	37,979,142	77.9%

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

Top Shareholders

Top 25 shareholders own 82% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
20.7%	Clearlake Capital Group, L.P.	9,751,837	US$535.2m	0%	56.21%
11.7%	The Vanguard Group, Inc.	5,516,432	US$302.7m	14.7%	no data
10.5%	BlackRock, Inc.	4,932,579	US$270.7m	-4.08%	no data
8.64%	Eaton Vance Management	4,061,595	US$222.9m	-11%	0.04%
3.37%	State Street Global Advisors, Inc.	1,583,702	US$86.9m	-2.46%	no data
3.32%	Janus Henderson Group plc	1,561,706	US$85.7m	-7.87%	0.03%
2.6%	Nationwide Fund Advisors	1,224,409	US$67.2m	0.22%	0.38%
2.06%	Dimensional Fund Advisors LP	969,376	US$53.2m	-3.12%	0.01%
2.06%	Geode Capital Management, LLC	967,065	US$53.1m	-2.54%	no data
1.71%	Greenhouse Funds LLLP	802,904	US$44.1m	13.7%	1.86%
1.42%	Van Berkom and Associates Inc.	668,547	US$36.7m	-0.16%	1.12%
1.34%	P2 Capital Partners, LLC	630,303	US$34.6m	28.4%	7.99%
1.34%	Northern Trust Global Investments	628,733	US$34.5m	-1.51%	no data
1.27%	SG Capital Management LLC	598,547	US$32.8m	777%	3.52%
1.2%	Palisade Capital Management, LP	562,938	US$30.9m	-1.18%	1.02%
1.07%	Tributary Capital Management, LLC	503,742	US$27.6m	89.7%	1.39%
1.04%	Norges Bank Investment Management	490,621	US$26.9m	0%	no data
0.93%	Charles Schwab Investment Management, Inc.	439,515	US$24.1m	-0.55%	no data
0.89%	Shapiro Capital Management LLC	419,189	US$23.0m	248%	1.08%
0.85%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	397,513	US$21.8m	200%	no data
0.82%	BNY Asset Management	387,883	US$21.3m	-19.4%	no data
0.79%	Michael Gianoni	372,985	US$20.5m	-3.87%	no data
0.79%	Managed Account Advisors LLC	369,300	US$20.3m	2.49%	no data
0.77%	Millennium Management LLC	361,335	US$19.8m	-23%	0.01%
0.75%	First Trust Advisors LP	352,907	US$19.4m	-16.1%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/25 07:34
End of Day Share Price	2025/11/25 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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

Blackbaud, Inc. is covered by 24 analysts. 6 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
Robert Oliver	Baird
Mark Schappel	Benchmark Company
Koji Ikeda	BofA Global Research