RGLD Royal Gold (RGLD) Insider Trading, Ownership & Congress Trades
Investment Vehicles · Mineral royalty traders · CIK 0000085535
Form 144 · 2
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
375
13F, latest reported quarter
What the filings say about RGLD
Insiders, 180 days
-$3.0M net sold
2 sellers · 79% of sales under a 10b5-1 plan
Congress, 1 year
No trades
Last one: sale, 2025-08-04
Planned sales (Form 144), 90 days
$2.6M
2 notices
Royal Gold insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, ROYAL GOLD INC insiders sold a net $3.0M of stock across 65 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 13 earlier Form 4 trades (code P or S) here by this insider (13 sales), the last on Sep 3, 2026.
- The trade is 0.2% of the 61,471 shares held after it.
- No other insider sold within 30 days.
- 375 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Heissenbuttel William Holmes sold about $27.6K of RGLD under a 10b5-1 plan on Oct 5, 2026; 375 funds added in the latest 13F quarter.Context
- 13 earlier Form 4 trades (code P or S) here by this insider (13 sales), the last on Sep 3, 2026.
- The trade is 0.3% of the 61,311 shares held after it.
- No other insider sold within 30 days.
- 375 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Heissenbuttel William Holmes sold about $37.1K of RGLD under a 10b5-1 plan on Oct 5, 2026; 375 funds added in the latest 13F quarter.Context
- 13 earlier Form 4 trades (code P or S) here by this insider (13 sales), the last on Sep 3, 2026.
- The trade is 0.5% of the 61,031 shares held after it.
- No other insider sold within 30 days.
- 375 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Heissenbuttel William Holmes sold about $65.3K of RGLD under a 10b5-1 plan on Oct 5, 2026; 375 funds added in the latest 13F quarter.Context
- 13 earlier Form 4 trades (code P or S) here by this insider (13 sales), the last on Sep 3, 2026.
- The trade is 1.4% of the 60,190 shares held after it.
- No other insider sold within 30 days.
- 375 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Heissenbuttel William Holmes sold about $196.9K of RGLD under a 10b5-1 plan on Oct 5, 2026; 375 funds added in the latest 13F quarter.Context
- 13 earlier Form 4 trades (code P or S) here by this insider (13 sales), the last on Sep 3, 2026.
- The trade is 1.7% of the 59,207 shares held after it.
- No other insider sold within 30 days.
- 375 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Heissenbuttel William Holmes sold about $231.1K of RGLD under a 10b5-1 plan on Oct 5, 2026; 375 funds added in the latest 13F quarter.65 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$3.0M over 180 days
-$2.6M over 90 days
below 93% of Investment Vehicles
Congress
no House purchase disclosed in the last 12 months
Funds
375 funds bought in last quarter
the highest in Investment Vehicles
Revenue
+43.2% year over year
below 54% of Investment Vehicles
Margin
45.2% net margin
more than 64% of Investment Vehicles
Buybacks
$30.0M repurchased, FY to 2026-06-30
more than 68% of Investment Vehicles
Short interest
2.5% of the float short (float per yahoo 2026-10-27) · 3.9 days to cover · settled 2026-10-15
more than 95% of Investment Vehicles
What changed in the last 30 days
Oct 6President & CEO Heissenbuttel William Holmes sold $567.6K under a 10b5-1 plan (Oct 5)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Watch RGLD
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+28.5%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns RGLD: institutional holders (13F)
13F holdings, latest reported quarter
10,910,603 sh
$2.2B
9,322,778 sh
$1.9B
4,125,608 sh
$823.5M
3,904,305 sh
$779.3M
3,797,392 sh
$758.0M
Congress trades in RGLD
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2025-08-04 · disclosed 39 days later
$1,001 - $15,000
Bought 2025-07-22 · disclosed 22 days later
$1,001 - $15,000
Sold 2025-06-10 · disclosed 64 days later
$1,001 - $15,000
Bought 2025-06-09 · disclosed 65 days later
$1,001 - $15,000
Sold 2025-05-12 · disclosed 41 days later
$50,001 - $100,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
RGLD planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
WILLIAM HEISSENBUTTEL
Filed 2026-09-03
$2.5M
RANDY SHEFMAN
Filed 2026-08-28
$131.4K
RGLD mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
EuroPac Gold Fund
$25.3M position · as of 2026-07-31
5.0%
MIDAS DISCOVERY
$1.7M position · as of 2026-06-30
5.0%
Muhlenkamp Fund
$12.3M position · as of 2026-06-30
4.7%
State Street(R) SPDR(R) S&P(R) Metals & Mining ETF
$186.8M position · as of 2026-06-30
4.3%
Precious Metals Fund
$1.1M position · as of 2026-06-30
3.8%
Trenchless Fund ETF
$4.7M position · as of 2026-06-30
3.4%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$5.2M
$3.9M
$2.3M
+91%
+190%
2024
$4.2M
$1.6M
$1.7M
+12%
+15%
2023
$4.3M
$4.4M
$1.7M
+1%
+4%
2022
$3.1M
$3.5M
$1.3M
-7%
-2%
2021
$3.1M
$2.7M
$1.3M
-14%
+5%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $3.0M sold by insiders over 180 days, 375 funds added last quarter, $2.6M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
RGLD financials
Revenue growth
+43.2%
XBRL, annual
Net margin
45.2%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.5B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM RGLD
| FY Dec 2025 | $1.0B |
| FY Dec 2024 | $719.4M |
| FY Dec 2023 | $605.7M |
| FY Dec 2022 | $603.2M |
| FY Dec 2021 | $653.6M |
| Jun 2026 | $450.5M |
| Mar 2026 | $469.1M |
| Dec 2025 | $375.3M |
| Sep 2025 | $252.1M |
| Jun 2025 | $209.6M |
| Mar 2025 | $193.4M |
| Dec 2024 | $202.6M |
| Sep 2024 | $193.8M |
At each fiscal year end
Single quarter
Net margin, TTM
+47.7%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM RGLD
| FY Dec 2025 | +45.2% |
| FY Dec 2024 | +46.2% |
| FY Dec 2023 | +39.5% |
| FY Dec 2022 | +39.6% |
| FY Dec 2021 | +41.9% |
| Jun 2026 | +52.5% |
| Mar 2026 | +59.9% |
| Dec 2025 | +24.9% |
| Sep 2025 | +50.3% |
| Jun 2025 | +63.1% |
| Mar 2025 | +58.7% |
| Dec 2024 | +53.0% |
| Sep 2024 | +49.7% |
At each fiscal year end
Single quarter
Free cash flow, TTM
n/a
capex not filed for the four quarters
Free cash flow, TTM RGLD
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Single quarter
Debt to equity
0.06x
long-term 2026-06-30 plus current 2024-06-30 (24 months older than the period end); equity 2026-06-30
Debt to equity RGLD
| FY Dec 2025 | 0.13x |
| FY Dec 2024 | 0.02x |
| FY Dec 2023 | 0.09x |
| FY Dec 2022 | 0.21x |
| FY Dec 2021 | 0.04x |
| Jun 2026 | 0.06x |
| Mar 2026 | 0.09x |
| Dec 2025 | 0.13x |
| Sep 2025 | 0.24x |
| Jun 2025 | 0.02x |
| Mar 2025 | 0.02x |
| Dec 2024 | 0.02x |
| Sep 2024 | 0.02x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
2.34x
TTM operating cash flow over long-term 2026-06-30 plus current 2024-06-30 (24 months older than the period end)
Cash flow to debt RGLD
| FY Dec 2025 | 0.75x |
| FY Dec 2024 | 10.59x |
| FY Dec 2023 | 1.69x |
| FY Dec 2022 | 0.73x |
| FY Dec 2021 | 4.84x |
| Jun 2026 | 2.34x |
| Mar 2026 | 1.34x |
| Dec 2025 | 0.75x |
| Sep 2025 | 0.74x |
| Jun 2025 | 11.34x |
| Mar 2025 | 10.55x |
| Dec 2024 | 10.59x |
| Sep 2024 | 9.79x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+13.5%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity RGLD
| FY Dec 2025 | +9.1% |
| FY Dec 2024 | +11.1% |
| FY Dec 2023 | +8.5% |
| FY Dec 2022 | +9.0% |
| FY Dec 2021 | +11.0% |
| Jun 2026 | +13.5% |
| Mar 2026 | +11.9% |
| Dec 2025 | +9.1% |
| Sep 2025 | +14.9% |
| Jun 2025 | +14.3% |
| Mar 2025 | +13.0% |
| Dec 2024 | +11.1% |
| Sep 2024 | +9.8% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+11.3%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets RGLD
| FY Dec 2025 | +7.2% |
| FY Dec 2024 | +9.8% |
| FY Dec 2023 | +6.9% |
| FY Dec 2022 | +7.6% |
| FY Dec 2021 | +9.9% |
| Jun 2026 | +11.3% |
| Mar 2026 | +9.8% |
| Dec 2025 | +7.2% |
| Sep 2025 | +12.4% |
| Jun 2025 | +13.1% |
| Mar 2025 | +11.8% |
| Dec 2024 | +9.8% |
| Sep 2024 | +8.6% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+13.7%
operating income after a 18.1% effective tax rate, over long-term 2026-06-30 plus current 2024-06-30 (24 months older than the period end) plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital RGLD
| FY Dec 2025 | +8.9% |
| FY Dec 2024 | +11.6% |
| FY Dec 2023 | +8.7% |
| FY Dec 2022 | +8.0% |
| FY Dec 2021 | +11.8% |
| Jun 2026 | +13.7% |
| Mar 2026 | +12.0% |
| Dec 2025 | +8.9% |
| Sep 2025 | +12.5% |
| Jun 2025 | +14.8% |
| Mar 2025 | +13.7% |
| Dec 2024 | +11.6% |
| Sep 2024 | +10.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+14.8%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed RGLD
| FY Dec 2025 | +10.0% |
| FY Dec 2024 | +13.0% |
| FY Dec 2023 | +9.0% |
| FY Dec 2022 | +9.2% |
| FY Dec 2021 | +12.2% |
| Jun 2026 | +14.8% |
| Mar 2026 | +12.7% |
| Dec 2025 | +10.0% |
| Sep 2025 | +14.8% |
| Jun 2025 | +15.6% |
| Mar 2025 | +14.4% |
| Dec 2024 | +13.0% |
| Sep 2024 | +11.5% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
25.90x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing RGLD
| FY Dec 2025 | 33.23x |
| FY Dec 2024 | 26.16x |
| FY Dec 2023 | 33.23x |
| FY Dec 2022 | 31.05x |
| FY Dec 2021 | 25.23x |
| Jun 2026 | 22.08x |
| Mar 2026 | 30.77x |
| Dec 2025 | 33.23x |
| Sep 2025 | 27.55x |
| Jun 2025 | 26.08x |
| Mar 2025 | 27.07x |
| Dec 2024 | 26.16x |
| Sep 2024 | 32.18x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$20.1B
market value at close 2026-10-26 on 2026-07-29 shares, plus long-term 2026-06-30 plus current 2024-06-30 (24 months older than the period end), minus cash 2026-06-30
Enterprise value RGLD
| FY Dec 2025 | $19.5B |
| FY Dec 2024 | $8.5B |
| FY Dec 2023 | $8.1B |
| FY Dec 2022 | $7.9B |
| FY Dec 2021 | $6.9B |
| Jun 2026 | $17.2B |
| Mar 2026 | $22.0B |
| Dec 2025 | $19.5B |
| Sep 2025 | $13.9B |
| Jun 2025 | $11.5B |
| Mar 2025 | $10.6B |
| Dec 2024 | $8.5B |
| Sep 2024 | $9.1B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
capex not filed for the four quarters
FCF yield RGLD
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.80x
P/E over trailing EPS growth of 33%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing RGLD
| FY Dec 2025 | 1.01x |
| FY Dec 2024 | 0.68x |
| FY Dec 2023 | 120.63x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | 3.38x |
| Jun 2026 | 0.68x |
| Mar 2026 | 0.83x |
| Dec 2025 | 1.01x |
| Sep 2025 | 0.41x |
| Jun 2025 | 0.30x |
| Mar 2025 | 0.35x |
| Dec 2024 | 0.68x |
| Sep 2024 | 1.39x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $1.0B | $719.4M | $605.7M | $603.2M |
| Gross profit | $714.3M | $471.2M | $343.4M | $323.1M |
| Operating income | $638.2M | $429.9M | $303.2M | $283.7M |
| Net income | $466.3M | $332.0M | $239.4M | $239.0M |
| EPS (diluted) | 6.69 | 5.04 | 3.63 | 3.63 |
| Operating cash flow | $704.8M | $529.5M | $415.8M | $417.3M |
| Cash | $233.7M | $195.5M | $104.2M | $118.6M |
| Long-term debt | $895.4M | $0 | $246.0M | $571.6M |
| Dividends paid | $118.5M | $105.2M | $98.6M | $91.9M |
SEC XBRL, fiscal years, as known on 2026-10-28
RGLD Stock Sonar score 6/7 axes
Find similar shapesCompareRGLD ranks highest on institutional and government (99th percentile) and growth (86th), and lowest on risk and compliance (11th), among Investment Vehicles peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
RGLD filings, in plain words
Are Royal Gold insiders buying or selling RGLD?
In the 180 days to 2026-10-28, Royal Gold insiders were net sellers, a net $3.0M across purchases and sales reported on Form 4, by 2 sellers.
Have members of Congress traded RGLD?
Yes, but not in the year to 2026-10-28; the latest on record is a sale by Lisa McClain dated 2025-08-04.
Are there planned insider sales of RGLD?
Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $2.6M of stock; the latest, by WILLIAM HEISSENBUTTEL, was filed 2026-09-03.
Read the full summary
In the 180 days to 2026-10-28, Royal Gold insiders were net sellers of RGLD, a net $3.0M across purchases and sales reported on Form 4 by 2 sellers. 79% of the 14 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. Members of Congress have disclosed trades in RGLD, none in the last year; the latest on record is a sale by Lisa McClain dated 2025-08-04. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $2.6M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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