Forward Air 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 FWRD?
Owner Type	Number of Shares	Ownership Percentage
State or Government	4,741	0.0133%
Individual Insiders	498,161	1.4%
VC/PE Firms	7,401,275	20.8%
Institutions	27,616,458	77.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.8%.

Top Shareholders

Top 25 shareholders own 97.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.2%	Clearlake Capital Group, L.P.	3,825,000	US$137.2m	0%	9.95%
11.5%	BlackRock, Inc.	3,335,521	US$119.7m	-26.4%	no data
7.12%	The Vanguard Group, Inc.	2,062,974	US$74.0m	-17.1%	no data
6.6%	Ridgemont Partners Management, LLC	1,910,615	US$68.6m	0%	40.76%
5.84%	Cetus Capital, LLC, Asset Management Arm	1,690,599	US$60.7m	0%	100.0%
5.75%	Littlejohn & Co., LLC	1,665,660	US$59.8m	-25.6%	24.12%
4.49%	Scopus Asset Management, L.P.	1,300,495	US$46.7m	0%	1.31%
4.45%	MFN Partners Management, LP	1,289,358	US$46.3m	42.7%	0.85%
4.25%	Irenic Capital Management LP	1,229,719	US$44.1m	15.1%	6.16%
3.89%	Ancora Advisors LLC	1,125,506	US$40.4m	17%	0.9%
3.51%	Private Management Group Inc	1,016,514	US$36.5m	-24%	1.24%
3.26%	State Street Global Advisors, Inc.	943,049	US$33.8m	-20.7%	no data
2.75%	Alta Fox Capital Management, LLC	797,092	US$28.6m	0%	11.12%
2.59%	J. Goldman & Co., L.P.	750,896	US$26.9m	0%	1.07%
2.59%	Paralel Advisors LLC	750,000	US$26.9m	0%	1.12%
2.33%	Charles Schwab Investment Management, Inc.	675,883	US$24.3m	4.43%	no data
2.3%	Morgan Stanley, Investment Banking and Brokerage Investments	665,261	US$23.9m	-3.37%	no data
2.03%	Bank of America Corporation, Asset Management Arm	588,606	US$21.1m	-15.3%	0.01%
1.92%	Geode Capital Management, LLC	556,225	US$20.0m	-22.6%	no data
1.4%	GoldenTree Asset Management LP	404,048	US$14.5m	0%	1.04%
1.35%	Hawk Ridge Capital Management LP	392,112	US$14.1m	54.5%	0.57%
1.16%	One Fin Capital Management LP	335,813	US$12.0m	0%	4.43%
1.13%	Millennium Management LLC	328,491	US$11.8m	606%	0.01%
1.12%	Penn Capital Management Company, LLC	323,093	US$11.6m	0%	0.96%
1.03%	JPMorgan Chase & Co, Brokerage and Securities Investments	299,118	US$10.7m	4,170%	no data