BNEDNYSERetail-Miscellaneous Shopping Goods StoresFiscal year ends May 3
Barnes & Noble Education, Inc.
Financials through Q1 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 8, 2026
$12.90−0.05 (-0.39%)
Close on Oct 19, 2026
- Market cap
- $445.46M
- P/E (TTM)
- 20.2
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
76.6%
27M of 35M shares
Institutional holders
111
31 new, 9 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 11 sales
Net sold $1.39M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vital Fundco, LLC | 3,224,463 | – | 13G (passive) | Jun 10, 2024 |
| Kanen David | 3,090,043 | 9.10% | 13G (passive) amendment | Mar 31, 2025 |
| Brian Gaines | 2,335,442 | 6.81% | 13G (passive) amendment | Dec 31, 2025 |
| Martin William C | 11,366,617 | 33.10% | 13D (active) amendment | Jul 6, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BNED | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Immersion Corp | 11,208,746 | 32.33% | $140.78M | – | 78.77% |
| Kanen Wealth Management LLC | 3,379,123 | 9.75% | $42.92M | −44,659 | 10.40% |
| Windward Management LP | 1,656,736 | 4.78% | $20.81M | −43,264 | 6.32% |
| BlackRock, Inc. | 1,177,322 | 3.40% | $14.79M | +89,696 | 0.00% |
| Morgan Stanley | 1,059,206 | 3.06% | $13.30M | +13,479 | 0.00% |
| Prescott Group Capital Management, L.L.C. | 891,799 | 2.57% | $11.20M | +10,000 | 0.97% |
| Vanguard Capital Management LLC | 804,636 | 2.32% | $10.11M | −60,249 | 0.00% |
| Geode Capital Management, LLC | 495,899 | 1.43% | $6.23M | +60,421 | 0.00% |
| State Street Corp | 366,531 | 1.06% | $4.60M | +49,336 | 0.00% |
| 683 Capital Management, LLC | 349,046 | 1.01% | $4.38M | −30,954 | 0.22% |
| Bank Of America Corp /De/ | 339,026 | 0.98% | $4.26M | −16,917 | 0.00% |
| JPMorgan Chase & Co | 317,425 | 0.92% | $4.30M | +299,312 | 0.00% |
| Goldman Sachs Group Inc | 315,048 | 0.91% | $3.96M | −215,323 | 0.00% |
| Ballast Asset Management, LP | 299,611 | 0.86% | $3.76M | New | 1.50% |
| American Century Companies Inc | 269,959 | 0.78% | $3.39M | +226,210 | 0.00% |
| Jane Street Group, LLC | 242,325 | 0.70% | $3.04M | +220,160 | 0.00% |
| Bnp Paribas Arbitrage, Snc | 193,166 | 0.56% | $2.43M | −33,347 | 0.00% |
| Centaurus Financial, Inc. | 189,276 | 0.55% | $2.38K | −3,025 | 0.00% |
| D. E. Shaw & Co., Inc. | 168,042 | 0.48% | $2.11M | +123,341 | 0.00% |
| DCF Advisers, LLC | 164,383 | 0.47% | $2.06M | −32,560 | 0.36% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 111 | 27M | 76.6% | 31 / 32 | 29 / 9 | 3M | 1M |
| Q1 2026 | 90 | 25M | 70.8% | 23 / 25 | 18 / 12 | 2M | 1M |
| Q4 2025 | 82 | 24M | 69.7% | 10 / 27 | 20 / 15 | 4M | 1M |
| Q3 2025 | 87 | 21M | 61.7% | 19 / 31 | 21 / 20 | 1M | 3M |
| Q2 2025 | 88 | 23M | 67.1% | 30 / 29 | 14 / 13 | 4M | 1M |
| Q1 2025 | 71 | 21M | 60.3% | 16 / 26 | 15 / 18 | 4M | 1M |
| Q4 2024 | 74 | 19M | 53.6% | 33 / 18 | 12 / 2 | 15M | 0M |
| Q3 2024 | 43 | 4M | 11.3% | 21 / 8 | 5 / 3 | 4M | 0M |
| Q2 2024 | 26 | 1M | 1.7% | 26 / 0 | 0 / 0 | 1M | 0M |
| Q1 2017 | 0 | 0M | 0.0% | 0 / 0 | 0 / 1 | 0M | 0M |
| Q4 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
| Q3 2016 | 1 | 0M | 0.0% | 0 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BNED | Value | % of fund | As of |
|---|---|---|---|---|---|
| Philotimo Focused Growth & Income | 750,428 | 2.16% | $9.43M | 6.84% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 529,056 | 1.53% | $6.64M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 433,440 | 1.25% | $5.44M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 249,927 | 0.72% | $3.14M | 0.00% | Jun 30, 2026 |
| Ballast Small/Mid Cap ETF | 209,811 | 0.61% | $2.64M | 1.47% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 182,310 | 0.53% | $2.27M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 150,243 | 0.43% | $1.89M | 0.01% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 137,429 | 0.40% | $1.42M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 107,925 | 0.31% | $1.12M | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 83,277 | 0.24% | $862.75K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 55,993 | 0.16% | $703.27K | 0.05% | Jun 30, 2026 |
| Invesco RAFI US 1500 Small-Mid ETF | 46,863 | 0.14% | $582.98K | 0.02% | Jul 31, 2026 |
| Schwab Small-Cap Index Fund | 40,648 | 0.12% | $505.66K | 0.01% | Jul 31, 2026 |
| Fidelity Total Market Index Fund | 39,178 | 0.11% | $405.88K | 0.00% | May 31, 2026 |
| Ultra-Small Company Market Fund | 39,000 | 0.11% | $489.84K | 0.33% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Gary Luster | SVP, Chief Accounting Officer | 29,667 | 0.09% | Sep 25, 2026 |
| Jonathan Shar | CEO | 325,285 | 0.94% | Sep 24, 2026 |
| Jason Snagusky | CFO | 71,762 | 0.21% | Jul 21, 2026 |
| Christopher Neumann | EVP General Counsel, Secretary | 81,715 | 0.24% | Jul 14, 2026 |
| William C. Martin | Director, 10% owner | 11,408,137 | 32.91% | Sep 29, 2026 |
| Sean V. Madnani | Director | 69,391 | 0.20% | Sep 29, 2026 |
| Emily Hoffman | Director | 69,391 | 0.20% | Sep 29, 2026 |
| Eric Singer | Director, 10% owner | 11,383,137 | 32.84% | Sep 29, 2026 |
| Denise Warren | Director | 62,068 | 0.18% | Sep 29, 2026 |
| Kathryn Eberle Walker | Director | 62,068 | 0.18% | Sep 29, 2026 |
| Corp Immersion | Director, 10% owner | 11,220,746 | 32.37% | Jul 8, 2026 |
| 18 Holdings Llc Toro | Director, 10% owner | – | – | Jul 8, 2026 |
| Fanatics Lids College, Inc | 10% owner | 4,476,614 | 12.91% | Dec 18, 2024 |
| Michael Rubin | 10% owner | – | – | Dec 18, 2024 |
| TopLids LendCo, LLC | 10% owner | – | – | Dec 18, 2024 |
| Lids Holdings, Inc. | 10% owner | – | – | Dec 18, 2024 |
| Fanzzlids Holdings, Llc | 10% owner | – | – | Dec 18, 2024 |
| Fanatics Leader Topco, Inc. | 10% owner | 2,976,614 | 8.59% | Dec 18, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| William C. Martin Director, 10% owner | Sep 25, 2026 | Award | +17,653 | – | – | 187,391 |
| Kathryn Eberle Walker Director | Sep 25, 2026 | Award | +17,653 | – | – | 62,068 |
| Denise Warren Director | Sep 25, 2026 | Award | +17,653 | – | – | 62,068 |
| Eric Singer Director, 10% owner | Sep 25, 2026 | Award | +17,653 | – | – | 174,391 |
| Sean V. Madnani Director | Sep 25, 2026 | Award | +17,653 | – | – | 69,391 |
| Emily Hoffman Director | Sep 25, 2026 | Award | +17,653 | – | – | 69,391 |
| Gary Luster SVP, Chief Accounting Officer | Sep 23, 2026 | Sale | −2,267 | $11.20 | $25.39K | 29,667 |
| Jonathan Shar CEO | Sep 22, 2026 | Sale | −30,000 | $11.04 | $331.20K | 325,285 |
| Jonathan Shar CEO | Jul 29, 2026 | Award | +345 | $12.76 | $4.40K | 355,285 |
| Jason Snagusky CFO | Jul 17, 2026 | Sale | −5,000 | $12.64 | $63.20K | 71,762 |
| Christopher Neumann EVP General Counsel, Secretary | Jul 10, 2026 | Sale | −2,785 | $11.61 | $32.33K | 81,715 |
| Christopher Neumann EVP General Counsel, Secretary | Jul 10, 2026 | Award | +4,500 | – | – | 84,500 |
| Jonathan Shar CEO | Jul 10, 2026 | Award | +60,000 | – | – | 354,940 |
| Gary Luster SVP, Chief Accounting Officer | Jul 10, 2026 | Sale | −1,066 | $11.61 | $12.38K | 31,934 |
| Gary Luster SVP, Chief Accounting Officer | Jul 10, 2026 | Award | +3,000 | – | – | 33,000 |
| Jason Snagusky CFO | Jul 10, 2026 | Sale | −2,237 | $11.61 | $25.97K | 76,762 |
| Jason Snagusky CFO | Jul 2, 2026 | Sale | −1,384 | $12.65 | $17.51K | 78,999 |
| Jason Snagusky CFO | Jul 2, 2026 | Sale | −826 | $12.24 | $10.11K | 80,383 |
| Jonathan Shar CEO | Jul 1, 2026 | Sale | −67,896 | $12.83 | $871.11K | 294,940 |
| Jason Snagusky CFO | Mar 13, 2026 | Sale | −17 | $8.11 | $138 | 81,209 |
| Jonathan Shar CEO | Mar 13, 2026 | Sale | −81 | $8.11 | $657 | 362,836 |
| Kathryn Eberle Walker Director | Mar 11, 2026 | Award | +23,867 | – | – | 44,415 |
| Emily Hoffman Director | Mar 11, 2026 | Award | +23,867 | – | – | 51,738 |
| Sean V. Madnani Director | Mar 11, 2026 | Award | +23,867 | – | – | 51,738 |
| Denise Warren Director | Mar 11, 2026 | Award | +23,867 | – | – | 44,415 |
| William C. Martin Director, 10% owner | Mar 11, 2026 | Award | +23,867 | – | – | 169,738 |
| Eric Singer Director, 10% owner | Mar 11, 2026 | Award | +23,867 | – | – | 156,738 |
| Corp Immersion Director, 10% owner | Mar 13, 2025 | Buy | +142,898 | $8.60 | $1.23M | 11,208,746 |
| Corp Immersion Director, 10% owner | Mar 12, 2025 | Buy | +59,146 | $8.49 | $502.15K | 11,065,848 |
| Christopher Neumann General Counsel, Secretary | Mar 12, 2025 | Award | +80,000 | – | – | 80,000 |
| Gary Luster Chief Accounting Officer | Mar 12, 2025 | Award | +30,000 | – | – | 30,000 |
| Jason Snagusky Chief Financial Officer | Feb 21, 2025 | Award | +60,000 | – | – | 81,195 |
| Fanatics Leader Topco, Inc. 10% owner | Dec 16, 2024 | Sale | −1,500,000 | $11.25 | $16.88M | 2,976,614 |
| Michael Connolly Miller CLO, EVP, Corp Aff & Secretary | Sep 24, 2024 | Tax withholding | −99 | $9.51 | $941 | 1,202 |
| Seema Paul SVP, Chief Accounting Officer | Sep 24, 2024 | Tax withholding | −30 | $9.51 | $285 | 21,121 |
| Jonathan Shar CEO | Sep 24, 2024 | Tax withholding | −83 | $9.51 | $789 | 362,917 |
| Seema Paul SVP, Chief Accounting Officer | Sep 20, 2024 | Award | +20,000 | – | – | 21,151 |
| Jonathan Shar CEO | Sep 20, 2024 | Award | +360,000 | – | – | 363,000 |
| Emily Hoffman Director | Sep 20, 2024 | Award | +20,430 | – | – | 27,871 |
| Denise Warren Director | Sep 20, 2024 | Award | +20,430 | – | – | 20,548 |
| Sean V. Madnani Director | Sep 20, 2024 | Award | +20,430 | – | – | 27,871 |
| Kathryn Eberle Walker Director | Sep 20, 2024 | Award | +20,430 | – | – | 20,548 |
| Eric Singer Director, 10% owner | Sep 20, 2024 | Award | +20,430 | – | – | 132,871 |
| Elias Nader Director | Sep 20, 2024 | Award | +20,430 | – | – | 27,871 |
| William C. Martin Director, 10% owner | Sep 20, 2024 | Award | +20,430 | – | – | 145,871 |
| Eric Singer Director, 10% owner | Jul 16, 2024 | Buy | +18,000 | $8.15 | $146.70K | 112,441 |
| Eric Singer Director, 10% owner | Jul 10, 2024 | Buy | +30,000 | $7.24 | $217.20K | 94,441 |
| William C. Martin Director, 10% owner | Jul 10, 2024 | Buy | +12,000 | $7.19 | $86.28K | 12,000 |
| William C. Martin Director, 10% owner | Jul 10, 2024 | Buy | +38,000 | $7.19 | $273.22K | 125,441 |
| Eric Singer Director, 10% owner | Jul 9, 2024 | Buy | +10,000 | $7.29 | $72.90K | 64,441 |
| William C. Martin Director, 10% owner | Jul 9, 2024 | Buy | +20,000 | $7.18 | $143.60K | 87,441 |
| Eric Singer Director, 10% owner | Jul 8, 2024 | Buy | +47,000 | $6.74 | $316.78K | 54,441 |
| William C. Martin Director, 10% owner | Jul 8, 2024 | Buy | +60,000 | $6.98 | $418.80K | 67,441 |
| Sean V. Madnani Director | Jun 19, 2024 | Award | +7,441 | – | – | 7,441 |
| Elias Nader Director | Jun 19, 2024 | Award | +7,441 | – | – | 7,441 |
| Emily Hoffman Director | Jun 19, 2024 | Award | +7,441 | – | – | 7,441 |
| Eric Singer Director, 10% owner | Jun 19, 2024 | Award | +7,441 | – | – | 7,441 |
| William C. Martin Director, 10% owner | Jun 19, 2024 | Award | +7,441 | – | – | 7,441 |
| Jonathan Shar CEO | Jun 16, 2024 | Tax withholding | −80 | $8.65 | $692 | 3,000 |
| Seema Paul SVP, Chief Accounting Officer | Jun 16, 2024 | Tax withholding | −27 | $8.65 | $234 | 1,151 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Gary Luster Officer | Sep 23, 2026 | 2,267 | $25.39K | Sep 23, 2026 | Restricted Stock Vesting |
| Jonathan Shar Officer | Sep 22, 2026 | 30,000 | $331.30K | Sep 22, 2026 | Restricted Stock Vesting |
| Jason Snagusky Officer | Jul 17, 2026 | 5,000 | $63.22K | Jul 17, 2026 | Restricted Stock Vesting |
| Gary Luster Officer | Jul 10, 2026 | 1,066 | $12.37K | Jul 10, 2026 | Restricted Stock Vesting |
| Jason Snagusky Officer | Jul 10, 2026 | 2,237 | $25.97K | Jul 10, 2026 | Restricted Stock Vesting |
| Christopher Neumann Officer | Jul 10, 2026 | 2,785 | $32.33K | Jul 10, 2026 | Restricted Stock Vesting |
| Jason Snagusky Officer | Jul 2, 2026 | 2,210 | $27.62K | Jul 2, 2026 | Restricted Stock Vesting |
| Jonathan Shar Officer | Jul 1, 2026 | 67,896 | $871.11K | Jul 1, 2026 | Restricted Stock Vesting |
| Jonathan Shar Officer | Mar 13, 2026 | 81 | $657 | Mar 13, 2026 | Restricted Stock Vesting |
| Jason Snagusky Officer | Mar 13, 2026 | 17 | $138 | Mar 13, 2026 | Restricted Stock Vesting |
| Jonathan Shar Officer | Jun 17, 2025 | 80 | $911 | Jun 17, 2025 | Restricted Stock Vesting |
| Jason Snagusky Officer | Jun 17, 2025 | 10 | $114 | Jun 17, 2025 | Restricted Stock Vesting |