SHLSNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Shoals Technologies Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$7.31+0.14 (+1.95%)
Close on Oct 19, 2026
- Market cap
- $1.24B
- P/E (TTM)
- 38.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
176M of 168M shares
Institutional holders
272
51 new, 41 sold out
Net institutional buying
-3M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $617.71K
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 |
|---|---|---|---|---|
| Vanguard Capital Management | 8,600,111 | 5.12% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 22,139,183 | 13.20% | 13G (passive) amendment | Jun 30, 2026 |
| T. Rowe Price Associates, Inc. | 21,602,202 | 12.90% | 13G (passive) amendment | Jun 30, 2026 |
| Wellington Management Company LLP | 20,459,631 | 10.90% | 13G (passive) amendment | Feb 28, 2025 |
| Wellington Investment Advisors Holdings LLP | 17,403,862 | 10.40% | 13G (passive) amendment | Jun 30, 2025 |
| Todd J. Kantor | 13,204,602 | 7.90% | 13G (passive) amendment | Jun 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SHLS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 28,727,968 | 17.07% | $284.41M | +8,880,712 | 0.00% |
| Price T Rowe Associates Inc /Md/ | 21,602,202 | 12.84% | $213.86K | +2,007,012 | 0.02% |
| Vanguard Capital Management LLC | 7,435,246 | 4.42% | $73.61M | +73,905 | 0.00% |
| Invesco Ltd. | 7,157,142 | 4.25% | $70.86M | −619,546 | 0.01% |
| State Street Corp | 6,052,905 | 3.60% | $59.92M | +43,997 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 6,037,171 | 3.59% | $59.77K | +1,005,269 | 0.04% |
| Amundi | 5,374,593 | 3.19% | $53.23M | −360,225 | 0.01% |
| Geode Capital Management, LLC | 4,745,938 | 2.82% | $46.99M | +186,631 | 0.00% |
| Dimensional Fund Advisors LP | 4,590,497 | 2.73% | $45.44M | +321,703 | 0.01% |
| Vanguard Portfolio Management LLC | 4,500,168 | 2.67% | $44.55M | −1,387,304 | 0.00% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 4,276,470 | 2.54% | $42.34M | −1,057,082 | 0.04% |
| Greenvale Capital LLP | 4,250,000 | 2.53% | $42.08M | New | 4.60% |
| Handelsbanken Fonder AB | 3,766,966 | 2.24% | $37.29K | +912,093 | 0.11% |
| Schroder Investment Management Group | 2,889,908 | 1.72% | $28.61M | −1,750,528 | 0.02% |
| Pictet Asset Management Holding SA | 2,839,736 | 1.69% | $28.11M | +89,248 | 0.03% |
| UBS Group AG | 2,732,435 | 1.62% | $27.05M | +857,979 | 0.00% |
| Northern Trust Corp | 2,324,998 | 1.38% | $23.02M | −241,447 | 0.00% |
| ACK Asset Management LLC | 2,255,000 | 1.34% | $22.32M | New | 2.61% |
| Ameriprise Financial Inc | 1,926,830 | 1.14% | $19.08M | −397,963 | 0.00% |
| Redwood Grove Capital, LLC | 1,760,722 | 1.05% | $17.43M | −1,276,700 | 4.42% |
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 | 272 | 176M | 100.0% | 51 / 95 | 88 / 41 | 31M | 34M |
| Q1 2026 | 267 | 179M | 100.0% | 62 / 89 | 81 / 58 | 52M | 44M |
| Q4 2025 | 268 | 185M | 100.0% | 73 / 84 | 81 / 39 | 51M | 46M |
| Q3 2025 | 238 | 181M | 100.0% | 53 / 70 | 88 / 34 | 31M | 36M |
| Q2 2025 | 220 | 186M | 100.0% | 45 / 71 | 79 / 39 | 53M | 40M |
| Q1 2025 | 217 | 174M | 100.0% | 47 / 73 | 64 / 51 | 36M | 33M |
| Q4 2024 | 224 | 172M | 100.0% | 43 / 74 | 82 / 50 | 33M | 35M |
| Q3 2024 | 236 | 174M | 100.0% | 39 / 84 | 84 / 51 | 50M | 57M |
| Q2 2024 | 249 | 204M | 100.0% | 42 / 102 | 84 / 70 | 44M | 49M |
| Q1 2024 | 278 | 210M | 100.0% | 42 / 104 | 98 / 53 | 32M | 28M |
| Q4 2023 | 290 | 206M | 100.0% | 50 / 126 | 89 / 57 | 49M | 31M |
| Q3 2023 | 300 | 187M | 100.0% | 47 / 133 | 86 / 35 | 29M | 19M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SHLS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco Solar ETF | 6,232,364 | 3.70% | $77.59M | 3.39% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 5,340,459 | 3.17% | $52.87M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 4,437,619 | 2.64% | $43.93M | 0.05% | Jun 30, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 3,720,908 | 2.21% | $36.84M | 0.25% | Jun 30, 2026 |
| iShares Global Clean Energy ETF | 3,590,194 | 2.13% | $31.38M | 1.36% | Jul 31, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 2,935,414 | 1.74% | $29.06M | 0.27% | Jun 30, 2026 |
| T. Rowe Price Real Assets Fund, Inc. | 2,614,000 | 1.55% | $25.88M | 0.25% | Jun 30, 2026 |
| T. Rowe Price New Era Fund | 2,500,420 | 1.49% | $24.75M | 0.87% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,925,497 | 1.14% | $19.06M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,921,914 | 1.14% | $19.03M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,866,185 | 1.11% | $16.31M | 0.05% | Jul 31, 2026 |
| T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 1,709,792 | 1.02% | $16.93M | 0.17% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 1,475,413 | 0.88% | $14.61M | 0.09% | Jun 30, 2026 |
| Heartland Value Fund | 1,250,000 | 0.74% | $12.38M | 1.06% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF | 1,245,290 | 0.74% | $12.33M | 0.43% | 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 |
|---|---|---|---|---|
| Brandon Moss | Chief Executive Officer, Director | 1,041,482 | 0.62% | Aug 14, 2026 |
| Kirsten Moen | Chief Operating Officer | 95,651 | 0.06% | Sep 11, 2026 |
| Bobbie Lee King Jr | Chief Legal Officer | 108,918 | 0.06% | Jun 16, 2026 |
| James Ryan Hart | Chief People Officer | 102,173 | 0.06% | Jun 2, 2026 |
| Dominic Bardos | Chief Financial Officer | 364,775 | 0.22% | Jun 2, 2026 |
| Jeffery Tolnar | President | 273,800 | 0.16% | Jun 2, 2026 |
| Bibber David Sean Van | Chief Accounting Officer | 10,515 | 0.01% | Feb 19, 2026 |
| Inez Lund | Chief Accounting Officer | 61,134 | 0.04% | Mar 11, 2025 |
| John Bradford Forth | Director | 599,255 | 0.36% | May 1, 2026 |
| Toni Volpe | Director | 122,452 | 0.07% | May 1, 2026 |
| Ty P. Daul | Director | 127,952 | 0.08% | May 1, 2026 |
| Lori S. Sundberg | Director | 122,452 | 0.07% | May 1, 2026 |
| Robert K. Julian | Director | 104,096 | 0.06% | May 1, 2026 |
| Jeannette M. Mills | Director | 104,096 | 0.06% | May 1, 2026 |
| Niharika Ramdev | Director | 96,011 | 0.06% | May 1, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kirsten Moen Chief Operating Officer | Sep 9, 2026 | Tax withholding | −2,790 | $7.06 | $19.70K | 95,651 |
| Brandon Moss Chief Executive Officer, Director | Aug 13, 2026 | Tax withholding | −104,386 | $8.14 | $849.70K | 1,041,482 |
| Brandon Moss Chief Executive Officer, Director | Jul 17, 2026 | Tax withholding | −9,133 | $10.30 | $94.07K | 1,145,868 |
| Bobbie Lee King Jr Chief Legal Officer | Jun 16, 2026 | Tax withholding | −6,377 | $9.96 | $63.51K | 108,918 |
| Bobbie Lee King Jr Chief Legal Officer | Jun 16, 2026 | Sale | −10,000 | $10.41 | $104.10K | 98,918 |
| Bobbie Lee King Jr Chief Legal Officer | Jun 16, 2026 | Gift | −1,000 | – | – | 97,918 |
| Bobbie Lee King Jr Chief Legal Officer | Jun 15, 2026 | Tax withholding | −6,377 | $10.30 | $65.68K | 115,295 |
| Dominic Bardos Chief Financial Officer | Jun 1, 2026 | Tax withholding | −30,204 | $12.18 | $367.88K | 364,775 |
| Jeffery Tolnar President | Jun 1, 2026 | Tax withholding | −8,630 | $12.18 | $105.11K | 273,800 |
| James Ryan Hart Chief People Officer | Jun 1, 2026 | Tax withholding | −6,479 | $12.18 | $78.91K | 102,173 |
| Dominic Bardos Chief Financial Officer | May 8, 2026 | Sale | −54,449 | $8.48 | $461.73K | 394,979 |
| John Bradford Forth Director | Apr 30, 2026 | Award | +35,265 | – | – | 599,255 |
| Toni Volpe Director | Apr 30, 2026 | Award | +22,671 | – | – | 122,452 |
| Ty P. Daul Director | Apr 30, 2026 | Award | +22,671 | – | – | 127,952 |
| Lori S. Sundberg Director | Apr 30, 2026 | Award | +22,671 | – | – | 122,452 |
| Niharika Ramdev Director | Apr 30, 2026 | Award | +22,671 | – | – | 96,011 |
| Robert K. Julian Director | Apr 30, 2026 | Award | +22,671 | – | – | 104,096 |
| Jeannette M. Mills Director | Apr 30, 2026 | Award | +22,671 | – | – | 104,096 |
| Brandon Moss Chief Executive Officer, Director | Mar 4, 2026 | Tax withholding | −92,738 | $6.14 | $569.41K | 1,155,001 |
| Jeffery Tolnar President | Mar 4, 2026 | Tax withholding | −23,206 | $6.14 | $142.48K | 282,430 |
| Dominic Bardos Chief Financial Officer | Mar 4, 2026 | Tax withholding | −27,114 | $6.14 | $166.48K | 449,428 |
| Bibber David Sean Van Chief Accounting Officer | Feb 17, 2026 | Award | +10,515 | – | – | 10,515 |
| Brandon Moss Chief Executive Officer, Director | Feb 17, 2026 | Award | +205,608 | – | – | 1,247,739 |
| Bobbie Lee King Jr Chief Legal Officer | Feb 17, 2026 | Award | +28,038 | – | – | 121,672 |
| Dominic Bardos Chief Financial Officer | Feb 17, 2026 | Award | +64,253 | – | – | 476,542 |
| Jeffery Tolnar President | Feb 17, 2026 | Award | +56,075 | – | – | 305,636 |
| Dominic Bardos Chief Financial Officer | Dec 5, 2025 | Sale | −4,170 | $7.83 | $32.65K | 412,289 |
| Jeffery Tolnar President | Dec 5, 2025 | Sale | −2,450 | $7.85 | $19.23K | 249,561 |
| Dominic Bardos Chief Financial Officer | Oct 17, 2025 | Tax withholding | −1,758 | $9.95 | $17.49K | 416,459 |
| Brandon Moss Chief Executive Officer, Director | Jul 17, 2025 | Tax withholding | −9,172 | $5.70 | $52.28K | 1,042,131 |
| Bobbie Lee King Jr Chief Legal Officer | Jun 16, 2025 | Award | +93,634 | – | – | 93,634 |
| Robert K. Julian Director | May 1, 2025 | Award | +47,746 | – | – | 81,425 |
| Lori S. Sundberg Director | May 1, 2025 | Award | +47,746 | – | – | 99,781 |
| Ty P. Daul Director | May 1, 2025 | Award | +47,746 | – | – | 105,281 |
| John Bradford Forth Director | May 1, 2025 | Award | +74,271 | – | – | 563,990 |
| Toni Volpe Director | May 1, 2025 | Award | +47,746 | – | – | 99,781 |
| Niharika Ramdev Director | May 1, 2025 | Award | +47,746 | – | – | 73,340 |
| Jeannette M. Mills Director | May 1, 2025 | Award | +47,746 | – | – | 81,425 |
| Jeffery Tolnar President | Mar 31, 2025 | Tax withholding | −1,415 | $3.32 | $4.70K | 252,011 |
| Dominic Bardos Chief Financial Officer | Mar 12, 2025 | Buy | +35,000 | $2.80 | $98.00K | 418,217 |
| Inez Lund Chief Accounting Officer | Mar 10, 2025 | Sale | −1,900 | $2.92 | $5.55K | 61,134 |
| Jeffery Tolnar President | Mar 10, 2025 | Sale | −2,700 | $2.88 | $7.78K | 253,426 |
| Brandon Moss Chief Executive Officer, Director | Mar 5, 2025 | Sale | −21,700 | $3.07 | $66.62K | 1,051,303 |
| Inez Lund Chief Accounting Officer | Mar 5, 2025 | Sale | −1,025 | $3.11 | $3.19K | 63,034 |
| Jeffery Tolnar President | Mar 5, 2025 | Sale | −5,800 | $3.07 | $17.81K | 256,126 |
| Dominic Bardos Chief Financial Officer | Mar 5, 2025 | Sale | −7,450 | $3.09 | $23.02K | 383,217 |
| Jeffery Tolnar President | Feb 20, 2025 | Award | +130,719 | – | – | 261,926 |
| Dominic Bardos Chief Financial Officer | Feb 20, 2025 | Award | +149,783 | – | – | 390,667 |
| Brandon Moss Chief Executive Officer, Director | Feb 20, 2025 | Award | +479,303 | – | – | 1,073,003 |
| Inez Lund Chief Accounting Officer | Feb 20, 2025 | Award | +27,234 | – | – | 64,059 |
| Dominic Bardos Chief Financial Officer | Feb 18, 2025 | Award | +8,628 | – | – | 244,737 |
| Dominic Bardos Chief Financial Officer | Feb 18, 2025 | Tax withholding | −3,853 | $4.08 | $15.72K | 240,884 |
| Jeffery Tolnar President | Feb 18, 2025 | Tax withholding | −5,450 | $4.08 | $22.24K | 131,207 |
| Jeffery Tolnar President | Feb 18, 2025 | Award | +12,206 | – | – | 136,657 |
| Dominic Bardos Chief Financial Officer | Dec 5, 2024 | Sale | −4,300 | $4.69 | $20.17K | 236,109 |
| Jeffery Tolnar President | Dec 5, 2024 | Sale | −1,310 | $4.65 | $6.09K | 124,451 |
| Inez Lund Chief Accounting Officer | Dec 5, 2024 | Sale | −850 | $4.72 | $4.01K | 36,825 |
| Dominic Bardos Chief Financial Officer | Nov 22, 2024 | Buy | +15,000 | $4.71 | $70.65K | 240,409 |
| Brandon Moss Chief Executive Officer, Director | Nov 21, 2024 | Buy | +22,300 | $4.55 | $101.47K | 593,700 |
| Dominic Bardos Chief Financial Officer | Oct 17, 2024 | Tax withholding | −1,758 | $4.94 | $8.68K | 225,409 |
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 |
|---|---|---|---|---|---|
| King Bobbie Officer | Jun 16, 2026 | 10,000 | $103.55K | Jun 16, 2026 | Long Term Incentive plan |
| Dominic Bardos Arpad Officer | May 8, 2026 | 54,449 | $460.02K | May 8, 2026 | Long-term incentive plan |
| Dominic Bardos Arpad Officer | Dec 5, 2025 | 4,170 | $32.43K | Dec 5, 2025 | Private Transaction |
| Tolnar Jeffery Officer | Dec 5, 2025 | 2,450 | $19.11K | Dec 5, 2025 | Private Transaction |
| Lund Inez Officer | Mar 10, 2025 | 1,900 | $5.44K | Mar 10, 2025 | Private Transaction |
| Tolnar JEFFERY Officer | Mar 10, 2025 | 2,700 | $7.67K | Mar 10, 2025 | Private Transaction |
| Moss Brandon Officer | Mar 5, 2025 | 21,700 | $66.50K | Mar 5, 2025 | Private Transaction |
| Dominic Bardos Arpad Officer | Mar 5, 2025 | 7,450 | $22.88K | Mar 5, 2025 | Private Transaction |
| Lund Inez Officer | Mar 5, 2025 | 1,025 | $3.08K | Mar 5, 2025 | Private Transaction |
| Tolnar Jeffrey Officer | Mar 5, 2025 | 5,800 | $17.71K | Mar 5, 2025 | Private Transaction |
| Dominic Bardos Officer | Dec 9, 2024 | 4,300 | $20.05K | Dec 5, 2024 | Private Transaction |
| Dominic Bardos Arpad Officer | Dec 5, 2024 | 4,300 | $20.05K | Dec 5, 2024 | Private Transaction |
| Lund Inez Officer | Dec 5, 2024 | 850 | $3.91K | Dec 5, 2024 | Private Transaction |
| Tolnar Jeffery Officer | Dec 5, 2024 | 1,310 | $5.99K | Dec 5, 2024 | Private Transaction |
| Lund Inez Chief Accounting Officer | Sep 16, 2024 | 350 | $2.11K | Sep 16, 2024 | Long-term incentive plan |