Sapiens International Ownership

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

Recent Insider Transactions

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 SPNS?
Owner Type	Number of Shares	Ownership Percentage
State or Government	11,178	0.02%
Individual Insiders	865,849	1.55%
General Public	10,996,913	19.7%
Institutions	19,654,396	35.2%
Public Companies	24,314,766	43.5%

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

Top Shareholders

Top 25 shareholders own 70.02% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
43.5%	Formula Systems (1985) Ltd.	24,314,766	US$896.7m	0%	no data
2.92%	BlackRock, Inc.	1,633,134	US$60.2m	2.27%	no data
2.44%	The Vanguard Group, Inc.	1,363,921	US$50.3m	-0.19%	no data
1.86%	Dimensional Fund Advisors LP	1,036,915	US$38.2m	2.53%	0.01%
1.59%	Acadian Asset Management LLC	886,536	US$32.7m	-7.15%	0.08%
1.55%	Roni Al-Dor	865,849	US$31.9m	0%	no data
1.55%	T. Rowe Price Group, Inc.	864,742	US$31.9m	1.08%	no data
1.31%	Nine Ten Capital Management, LLC	732,227	US$27.0m	345%	9.0%
1.26%	Royce & Associates, LP	706,045	US$26.0m	34.7%	0.22%
1.22%	Renaissance Technologies LLC	681,004	US$25.1m	14.7%	0.04%
1.08%	State Street Global Advisors, Inc.	603,620	US$22.3m	0.17%	no data
1.08%	Janus Henderson Group plc	601,750	US$22.2m	0.39%	0.01%
1.04%	Clal Financial Management Ltd	580,587	US$21.4m	0%	0.19%
1%	Harris Associates L.P.	556,600	US$20.5m	0%	0.02%
0.93%	Wellington Management Group LLP	518,686	US$19.1m	1,460%	no data
0.73%	Geode Capital Management, LLC	410,099	US$15.1m	5.75%	no data
0.71%	Migdal Mutual Funds Ltd.	398,334	US$14.7m	-0.6%	0.12%
0.66%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	367,516	US$13.6m	-15.6%	no data
0.65%	Harel Insurance Investments and Finances Services Ltd, Asset Management Arm	364,815	US$13.5m	-8.22%	0.14%
0.58%	Menora Mivtachim Pensions & Gemel Ltd.	322,401	US$11.9m	0%	0.06%
0.54%	Arrowstreet Capital, Limited Partnership	303,548	US$11.2m	-7.86%	0.01%
0.51%	Crawford Investment Counsel, Inc.	284,122	US$10.5m	-6.69%	0.19%
0.46%	RBC Global Asset Management Inc.	254,155	US$9.4m	-0.42%	0.01%
0.41%	Federated Hermes, Inc.	227,772	US$8.4m	-3.74%	0.02%
0.4%	Northern Trust Global Investments	220,961	US$8.1m	-6.32%	no data