Cadiz Ownership

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

Recent Insider Transactions

NasdaqGM:CDZI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Nov 24	BuyUS$6,913,800	Heerema International Group Services SA	Company	2,070,000	US$3.34
18 Apr 24	BuyUS$56,250	Susan Kennedy	Individual	25,000	US$2.25
04 Jan 24	BuyUS$18,999	Susan Kennedy	Individual	6,762	US$2.81

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 CDZI?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	982,590	1.31%
General Public	20,821,937	27.7%
Private Companies	25,695,300	34.2%
Institutions	27,684,279	36.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.7%.

Top Shareholders

Top 25 shareholders own 69.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
34.2%	Heerema International Group Services SA	25,695,300	US$107.1m	8.76%	no data
4.9%	Whitefort Capital Management, LP	3,684,956	US$15.4m	0%	6.39%
4.69%	272 Capital LP	3,522,582	US$14.7m	0%	7.65%
3.85%	BlackRock, Inc.	2,898,309	US$12.1m	3.75%	no data
3.28%	Boothbay Fund Management, LLC	2,466,022	US$10.3m	0%	0.34%
3.2%	The Vanguard Group, Inc.	2,403,627	US$10.0m	4.79%	no data
3%	American Assets Capital Advisers, LLC	2,258,208	US$9.4m	0%	3.01%
2.92%	Levin Capital Strategies, L.P.	2,197,179	US$9.2m	-2.65%	0.89%
2.29%	Capstone Investment Advisors, LLC	1,719,900	US$7.2m	-13.1%	0.24%
1.32%	Geode Capital Management, LLC	989,296	US$4.1m	3.17%	no data
1.21%	State Street Global Advisors, Inc.	909,445	US$3.8m	0.33%	no data
0.85%	Elkhorn Partners LP	642,500	US$2.7m	-1.95%	1.71%
0.61%	HCR Wealth Advisors	455,921	US$1.9m	24.3%	0.24%
0.51%	Northern Trust Global Investments	383,512	US$1.6m	2.84%	no data
0.46%	Morgan Stanley, Investment Banking and Brokerage Investments	344,828	US$1.4m	31.8%	no data
0.37%	Bridgeway Capital Management, LLC	274,768	US$1.1m	0%	0.02%
0.34%	Winston Hickox	255,618	US$1.1m	3.3%	no data
0.28%	Scott Slater	209,881	US$875.2k	0%	no data
0.25%	B. Riley Capital Management, LLC	187,418	US$781.5k	126%	0.81%
0.21%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	154,256	US$643.2k	0%	no data
0.2%	American Assets Investment Management, LLC	150,801	US$628.9k	0%	0.05%
0.2%	Maria Jelescu-Dreyfus	150,236	US$626.5k	4.42%	no data
0.19%	Delta Investment Management, LLC	142,181	US$592.9k	0%	0.12%
0.17%	Charles Schwab Investment Management, Inc.	124,857	US$520.7k	0%	no data
0.16%	Susan Kennedy	116,921	US$487.6k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 04:41
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

Cadiz Inc. is covered by 2 analysts. 1 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
Michael Crawford	B. Riley Securities, Inc.
Gajanan Polawar	Virtua Research Inc.