Grid Dynamics Holdings Ownership

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

Recent Insider Transactions

NasdaqCM:GDYN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Aug 25	SellUS$1,057	Leonard Livschitz	Individual	132	US$8.01
21 May 25	SellUS$2,048	Leonard Livschitz	Individual	155	US$13.21
24 Feb 25	SellUS$3,319	Leonard Livschitz	Individual	155	US$21.41
18 Feb 25	SellUS$1,105,500	Leonard Livschitz	Individual	50,000	US$22.11

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 GDYN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	15,510	0.0174%
Hedge Funds	4,290,786	4.8%
Individual Insiders	4,762,090	5.33%
Public Companies	13,889,183	15.5%
Institutions	66,436,666	74.3%

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

Top Shareholders

Top 25 shareholders own 81.67% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.4%	Beijing Teamsun Technology Co.,Ltd.	13,889,183	US$131.8m	0%	no data
13%	BlackRock, Inc.	11,007,566	US$104.5m	9.39%	no data
6.65%	The Vanguard Group, Inc.	5,640,758	US$53.5m	-3.07%	no data
5.06%	Alyeska Investment Group, L.P.	4,290,786	US$40.7m	237%	0.11%
3.54%	Baron Capital Group, Inc.	3,000,322	US$28.5m	0.01%	0.06%
3.34%	State Street Global Advisors, Inc.	2,834,331	US$26.9m	8.84%	no data
3.32%	Fourth Sail Capital LP	2,811,405	US$26.7m	73.2%	1.49%
2.97%	Leonard Livschitz	2,522,155	US$23.9m	0.82%	no data
2.37%	Riverbridge Partners, LLC	2,006,806	US$19.0m	-11.2%	0.3%
2.34%	Dimensional Fund Advisors LP	1,985,557	US$18.8m	5.64%	no data
2.3%	Wellington Management Group LLP	1,951,398	US$18.5m	-32.8%	no data
2.28%	Loomis Sayles & Company, L.P.	1,935,036	US$18.4m	-24.2%	0.02%
2.2%	AllianceBernstein L.P.	1,869,393	US$17.7m	-1.42%	no data
1.86%	Geode Capital Management, LLC	1,581,585	US$15.0m	-3.56%	no data
1.53%	RBC Global Asset Management Inc.	1,295,325	US$12.3m	-4.62%	0.01%
1.5%	Morgan Stanley	1,272,684	US$12.1m	104%	no data
1.35%	Jacobs Levy Equity Management Inc	1,148,331	US$10.9m	0%	0.04%
1.35%	Cerity Partners LLC	1,143,624	US$10.9m	0%	0.02%
1.29%	Centerbook Partners LP	1,094,701	US$10.4m	255%	0.49%
1.28%	Frontier Capital Management Co LLC	1,083,334	US$10.3m	50.3%	0.08%
1.27%	Driehaus Capital Management LLC	1,080,536	US$10.3m	0%	0.04%
1.22%	Focus Partners Wealth, LLC	1,036,769	US$9.8m	0.02%	0.01%
1.17%	Lloyd Carney	992,521	US$9.4m	0%	no data
1.08%	Acadian Asset Management LLC	916,860	US$8.7m	4,430%	0.01%
1.02%	Qube Research & Technologies Ltd	867,687	US$8.2m	19.4%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/04 02:33
End of Day Share Price	2025/12/03 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

Grid Dynamics Holdings, Inc. is covered by 10 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
Joseph Vafi	Canaccord Genuity
Ryan Potter	Citigroup Inc
Surinder Thind	Jefferies LLC