Turtle Beach Ownership

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

Recent Insider Transactions

NasdaqGM:HEAR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 24	SellUS$53,130	Lloyd Ballard	Individual	3,542	US$15.00
20 Nov 24	BuyUS$44,580	Cristopher Keirn	Individual	3,000	US$14.86
15 Aug 24	BuyUS$294,200	William Wyatt	Individual	20,000	US$14.71
11 Jun 24	BuyUS$33,908	Terry Jimenez	Individual	2,250	US$15.07
07 Jun 24	BuyUS$42,488	Terry Jimenez	Individual	2,750	US$15.45
31 May 24	SellUS$83,344	Lloyd Ballard	Individual	5,042	US$16.53
24 May 24	BuyUS$33,428	Terry Jimenez	Individual	2,075	US$16.11
20 May 24	BuyUS$32,198	Terry Jimenez	Individual	2,025	US$15.90
14 May 24	BuyUS$33,149	Terry Jimenez	Individual	2,025	US$16.37
09 May 24	BuyUS$32,906	Terry Jimenez	Individual	2,025	US$16.25
09 May 24	BuyUS$203,250	William Wyatt	Individual	12,500	US$16.26

Insider Trading Volume

Insider Buying: HEAR insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of HEAR?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	449,763	2.24%
Public Companies	847,087	4.22%
Hedge Funds	1,085,526	5.41%
General Public	2,624,438	13.1%
VC/PE Firms	3,450,000	17.2%
Institutions	11,622,509	57.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.4%.

Top Shareholders

Top 25 shareholders own 71.37% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17.2%	Diversis Capital, LLC	3,450,000	US$55.1m	0%	no data
6.55%	BlackRock, Inc.	1,314,651	US$21.0m	5.34%	no data
5.41%	Garnet Equity Capital Holdings, Inc.	1,085,526	US$17.3m	23.6%	12.12%
4.84%	The Vanguard Group, Inc.	971,725	US$15.5m	7.31%	no data
4.22%	Immersion Corporation	847,087	US$13.5m	0%	no data
3.08%	Windward Management LP	619,260	US$9.9m	0%	no data
2.87%	AWM Investment Company Inc	576,829	US$9.2m	5.38%	1.12%
2.67%	Hennessy Advisors, Inc.	536,900	US$8.6m	9.73%	0.26%
2.6%	Harbert Fund Advisors, Inc.	522,259	US$8.3m	0%	6.72%
2.13%	Marshall Wace LLP	428,399	US$6.8m	-3.09%	0.01%
2.04%	Geode Capital Management, LLC	410,081	US$6.5m	-1.87%	no data
1.89%	D. E. Shaw & Co., L.P.	379,056	US$6.0m	-26.3%	0.01%
1.8%	State Street Global Advisors, Inc.	360,662	US$5.8m	-0.14%	no data
1.71%	Dimensional Fund Advisors LP	344,304	US$5.5m	-6.28%	no data
1.65%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	330,493	US$5.3m	166%	no data
1.56%	Shay Capital LLC	313,000	US$5.0m	-23.3%	1.41%
1.34%	Caption Management, LLC	268,072	US$4.3m	19%	0.46%
1.21%	Segall Bryant & Hamill, LLC	242,735	US$3.9m	1.51%	0.05%
1.15%	Essex Investment Management Company, LLC	231,502	US$3.7m	0.27%	0.61%
1.14%	Epoch Investment Partners, Inc.	229,847	US$3.7m	108%	0.06%
0.99%	Bank of America Corporation, Asset Management Arm	197,930	US$3.2m	58.6%	no data
0.92%	Jefferies Financial Group Inc.,Asset Management Arm	184,000	US$2.9m	270%	0.05%
0.86%	Nishkama Capital LLC	173,365	US$2.8m	-4.61%	0.4%
0.84%	Connor, Clark & Lunn Investment Management Ltd.	169,370	US$2.7m	-1.46%	0.01%
0.71%	Eaton Vance Management	143,479	US$2.3m	36.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:28
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Turtle Beach Corporation is covered by 12 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
Thomas Forte	D.A. Davidson & Co.
Mark Argento	Lake Street Capital Markets, LLC
Jack Vander Aarde	Maxim Group