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
31 Aug 26	SellUS$100,699	David Benjamin	Individual	2,086	US$48.27
25 Aug 26	SellUS$804,984	Michael Gianoni	Individual	17,000	US$47.35
06 Aug 26	SellUS$1,001,092	Kevin Gregoire	Individual	22,000	US$45.72
04 Mar 26	SellUS$100,040	Kevin Gregoire	Individual	2,000	US$50.02
03 Mar 26	SellUS$727,779	Jon Olson	Individual	15,000	US$49.10
24 Feb 26	SellUS$681,108	David Benjamin	Individual	14,349	US$47.47
18 Feb 26	SellUS$394,771	David Benjamin	Individual	7,990	US$49.41
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

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	12,500	0.0225%
Individual Insiders	1,060,077	1.91%
VC/PE Firms	9,751,837	17.6%
Institutions	44,710,780	80.5%

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

Top Shareholders

Top 25 shareholders own 99.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
21.8%	Clearlake Capital Group, L.P.	9,751,837	US$429.8m	0%	61.92%
13.4%	BlackRock, Inc.	5,980,843	US$263.6m	25.5%	no data
10.1%	Eaton Vance Management	4,534,426	US$199.8m	14.9%	0.03%
9.65%	Morgan Stanley Investment Management Inc.	4,314,412	US$190.1m	0.39%	0.18%
7.04%	Vanguard Portfolio Management, LLC	3,147,680	US$138.7m	4.51%	0.01%
4.92%	Vanguard Capital Management, LLC	2,201,102	US$97.0m	0%	no data
3.69%	State Street Investment Management	1,650,436	US$72.7m	8.94%	no data
3.56%	Janus Henderson Group Ltd.	1,591,665	US$70.1m	2.3%	0.02%
2.25%	The Goldman Sachs Group, Inc.	1,006,418	US$44.4m	67.8%	0.01%
2.1%	Geode Capital Management, LLC	938,933	US$41.4m	-3.31%	no data
1.92%	Arrowstreet Capital, Limited Partnership	858,423	US$37.8m	174%	0.02%
1.82%	Qube Research & Technologies Ltd	814,139	US$35.9m	72%	0.04%
1.59%	Fuller & Thaler Asset Management, Inc.	713,034	US$31.4m	4.17%	0.09%
1.57%	Shapiro Capital Management LLC	703,612	US$31.0m	36.2%	1.96%
1.54%	Clearline Capital LP	688,846	US$30.4m	96.7%	2.17%
1.46%	Two Sigma Investments, LP	652,245	US$28.7m	303%	0.02%
1.4%	First Trust Advisors LP	625,813	US$27.6m	54.4%	0.01%
1.28%	Lightrock Netherlands B.V.	573,946	US$25.3m	0%	4.68%
1.25%	Nationwide Fund Advisors	558,107	US$24.6m	-22.4%	0.12%
1.23%	Charles Schwab Investment Management, Inc.	549,932	US$24.2m	10.9%	no data
1.21%	Dimensional Fund Advisors LP	543,216	US$23.9m	-42.9%	no data
1.2%	Northern Trust Global Investments	535,650	US$23.6m	-6.49%	no data
1.15%	UBS Asset Management AG	515,691	US$22.7m	70.7%	no data
1.08%	P2 Capital Partners, LLC	482,874	US$21.3m	0%	8.12%
0.98%	Michael Gianoni	439,555	US$19.4m	-0.16%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/10 23:24
End of Day Share Price	2026/09/10 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 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 23 analysts. 4 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
Kevin Liu	B. Riley Securities, Inc.
Matthew VanVliet	BTIG