Ryan Specialty Holdings Inc. (NYSE: RYAN) reported third-quarter 2026 total revenue of $790.0 million, up 4.7% from the prior-year period. Net income rose 40.6% to $88.0 million, while diluted earnings per share were $0.29.
The company maintained full-year 2026 guidance for mid-single-digit organic revenue growth and updated its outlook to an Adjusted EBITDAC margin down modestly from the prior year.
- GAAP total revenue was $789.963 million, compared with $754.577 million a year earlier.
- GAAP net income was $88.048 million, compared with $62.603 million a year earlier.
- Basic earnings per share were $0.30 and diluted earnings per share were $0.29.
- Organic revenue growth was 4.0% for the quarter.
- Ryan Specialty returned $173.7 million to shareholders, including $150.0 million in share repurchases and $23.7 million in dividends and distributions.
- Cash and cash equivalents totaled $168.8 million at September 30, 2026, and outstanding debt principal was $3.7 billion.
$RYAN Insider Trading Activity
$RYAN insiders have traded $RYAN stock on the open market 8 times in the past 6 months. Of those trades, 6 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $RYAN stock by insiders over the last 6 months:
- PATRICK G RYAN (Executive Chairman) purchased 120,000 shares for an estimated $3,899,735
- BRENDAN MARTIN MULSHINE (Co-President and CRO) sold 40,000 shares for an estimated $1,620,320
- JOHN W JR ROGERS purchased 7,500 shares for an estimated $263,732
- JANICE M HAMILTON (Chief Financial Officer) purchased 6,300 shares for an estimated $200,292
- ANTHONY J KUCZINSKI has made 2 purchases buying 3,000 shares for an estimated $104,960 and 0 sales.
- MARK STEPHEN KATZ (EVP & General Counsel) purchased 3,215 shares for an estimated $99,888
- MICHAEL CONKLIN (EVP & CHRO) sold 2,043 shares for an estimated $86,343
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RYAN Hedge Fund Activity
We have seen 178 institutional investors add shares of $RYAN stock to their portfolio, and 214 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ORBIS ALLAN GRAY LTD added 6,307,845 shares (+inf%) to their portfolio in Q2 2026, for an estimated $238,184,227
- FMR LLC added 4,803,478 shares (+1470.2%) to their portfolio in Q2 2026, for an estimated $181,379,329
- PRINCIPAL FINANCIAL GROUP INC removed 4,079,162 shares (-92.5%) from their portfolio in Q2 2026, for an estimated $154,029,157
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,661,363 shares (+67.1%) to their portfolio in Q2 2026, for an estimated $100,493,066
- NEUBERGER BERMAN GROUP LLC added 2,467,296 shares (+79.4%) to their portfolio in Q2 2026, for an estimated $93,165,096
- BESSEMER GROUP INC removed 2,373,218 shares (-99.9%) from their portfolio in Q2 2026, for an estimated $89,612,711
- BLAIR WILLIAM & CO/IL removed 2,014,201 shares (-79.9%) from their portfolio in Q2 2026, for an estimated $76,056,229
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
