VTR Insider Trading

Insider Ownership Percentage: 0.53%
Insider Buying (Last 12 Months): $197,025.00
Insider Selling (Last 12 Months): $57,761,554.90

Ventas Insider Trading History Chart

This chart shows the insider buying and selling history at Ventas by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Ventas Share Price & Price History

Current Price: $87.67
Price Change: Price Decrease of -0.542 (-0.61%)
As of 09/17/2026 03:59 PM ET

This chart shows the closing price history over time for VTR up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

Ventas Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/3/2026Michael J EmblerDirectorBuy2,500$78.81$197,025.0019,202View SEC Filing Icon  
5/14/2026Walter C. RakowichDirectorSell1,152$90.20$103,910.4028,349View SEC Filing Icon  
2/11/2026Carey S. RobertsEVPSell35,532$85.00$3,020,220.0072,755View SEC Filing Icon  
2/2/2026Debra A. CafaroCEOSell10,322$77.66$801,606.521,114,034View SEC Filing Icon  
1/2/2026Debra A. CafaroCEOSell10,322$77.26$797,477.721,145,695View SEC Filing Icon  
1/2/2026Robert F. ProbstCFOSell29,930$77.25$2,312,092.50138,434View SEC Filing Icon  
11/19/2025Peter J. BulgarelliCEOSell2,229$80.08$178,498.32106,488View SEC Filing Icon  
11/18/2025Peter J. BulgarelliCEOSell2,771$80.01$221,707.71108,717View SEC Filing Icon  
11/17/2025Debra A. CafaroCEOSell41,294$79.01$3,262,638.941,145,695View SEC Filing Icon  
11/12/2025Robert F. ProbstCFOSell33,591$76.77$2,578,781.07168,364View SEC Filing Icon  
11/7/2025Peter J. BulgarelliCEOSell40$75.70$3,028.00111,488View SEC Filing Icon  
11/6/2025Debra A. CafaroCEOSell264$75.05$19,813.201,145,695View SEC Filing Icon  
11/6/2025Peter J. BulgarelliCEOSell166$75.15$12,474.90111,528View SEC Filing Icon  
11/5/2025Debra A. CafaroCEOSell19,250$75.29$1,449,332.501,145,695View SEC Filing Icon  
11/5/2025Peter J. BulgarelliCEOSell870$75.28$65,493.60111,694View SEC Filing Icon  
11/4/2025Debra A. CafaroCEOSell11,452$75.02$859,129.041,145,695View SEC Filing Icon  
11/4/2025Peter J. BulgarelliCEOSell3,924$75.00$294,300.00112,564View SEC Filing Icon  
11/3/2025Debra A. CafaroCEOSell20,644$73.86$1,524,765.841,145,695View SEC Filing Icon  
10/30/2025Debra A. CafaroCEOSell317,258$74.24$23,553,233.921,145,695View SEC Filing Icon  
10/20/2025Debra A. CafaroCEOSell219,515$71.32$15,655,809.801,145,695View SEC Filing Icon  
10/1/2025Debra A. CafaroCEOSell10,322$70.24$725,017.281,145,695View SEC Filing Icon  
10/1/2025Peter J. BulgarelliCEOSell2,554$70.26$179,444.04116,488View SEC Filing Icon  
9/30/2025Peter J. BulgarelliCEOSell2,040$69.99$142,779.60119,042View SEC Filing Icon  
9/15/2025Peter J. BulgarelliCEOSell406$70.00$28,420.00121,082View SEC Filing Icon  
9/2/2025Debra A. CafaroCEOSell10,322$67.80$699,831.601,145,695View SEC Filing Icon  
8/4/2025Robert F. ProbstCFOSell29,691$68.49$2,033,536.59168,364View SEC Filing Icon  
8/1/2025Debra A. CafaroCEOSell10,322$67.40$695,702.801,145,695View SEC Filing Icon  
7/31/2025Robert F. ProbstCFOSell3,900$68.45$266,955.00168,364View SEC Filing Icon  
7/21/2025Robert F. ProbstCFOSell29,493$66.29$1,955,090.97168,364View SEC Filing Icon  
7/18/2025Debra A. CafaroCEOSell4,375$65.82$287,962.501,145,695View SEC Filing Icon  
7/18/2025Robert F. ProbstCFOSell4,098$66.24$271,451.52168,364View SEC Filing Icon  
7/16/2025Debra A. CafaroCEOSell1,224$65.62$80,318.881,145,695View SEC Filing Icon  
7/15/2025Debra A. CafaroCEOSell292$65.65$19,169.801,145,695View SEC Filing Icon  
7/14/2025Debra A. CafaroCEOSell14,753$65.60$967,796.801,145,695View SEC Filing Icon  
7/14/2025Robert F. ProbstCFOSell168,318$65.36$11,001,264.48168,364View SEC Filing Icon  
5/30/2025Carey S. RobertsEVPSell23,500$64.23$1,509,405.00116,650View SEC Filing Icon  
5/27/2025Robert F. ProbstCFOSell17,374$65.22$1,133,132.28168,364View SEC Filing Icon  
5/21/2025Robert F. ProbstCFOSell69,592$64.59$4,494,947.28168,364View SEC Filing Icon  
5/14/2025Walter C. RakowichDirectorSell1,459$63.76$93,025.8427,454View SEC Filing Icon  
5/1/2025Debra A. CafaroCEOSell9,110$66.04$601,624.401,145,695View SEC Filing Icon  
4/3/2025Debra A. CafaroCEOSell44,551$71.06$3,165,794.061,145,695View SEC Filing Icon  
3/3/2025Debra A. CafaroCEOSell388$71.00$27,548.001,128,143View SEC Filing Icon  
2/28/2025Debra A. CafaroCEOSell41,294$69.08$2,852,589.521,138,143View SEC Filing Icon  
2/25/2025Debra A. CafaroCEOSell214,679$68.22$14,645,401.381,138,143View SEC Filing Icon  
2/13/2025Gregory R. LiebbeCAOSell3,866$63.00$243,558.0011,371View SEC Filing Icon  
10/29/2024Debra A. CafaroCEOSell121,248$66.17$8,022,980.16986,717View SEC Filing Icon  
10/25/2024Debra A. CafaroCEOSell6,004$66.11$396,924.44986,717View SEC Filing Icon  
9/10/2024Peter J. BulgarelliCEOSell6,000$64.99$389,940.0090,795View SEC Filing Icon  
9/5/2024Debra A. CafaroCEOSell6,827$63.20$431,466.40986,717View SEC Filing Icon  
8/26/2024Peter J. BulgarelliCEOSell375$60.01$22,503.75103,920View SEC Filing Icon  
8/8/2024Robert F. ProbstCFOSell20,000$58.87$1,177,400.00156,403View SEC Filing Icon  
8/6/2024Debra A. CafaroCEOSell40,079$57.29$2,296,125.91986,717View SEC Filing Icon  
8/1/2024Peter J. BulgarelliCEOSell3,784$55.24$209,028.16104,295View SEC Filing Icon  
5/15/2024Walter C. RakowichDirectorSell2,145$48.40$103,818.0026,031View SEC Filing Icon  
5/10/2024Gregory R. LiebbeCAOSell14,625$47.70$697,612.5012,524View SEC Filing Icon  
5/7/2024Robert F. ProbstCFOSell18,500$47.11$871,535.00176,403View SEC Filing Icon  
See Full Table

SEC Filings (Institutional Ownership Changes) for Ventas (NYSE:VTR)

94.18% of Ventas stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at VTR by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Ventas Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
9/9/2026Sequoia Financial Advisors LLC13,194$1.17M0.0%+2.3%0.003%Search for SEC Filing on Google Icon
9/9/2026Tidal Investments LLC46,628$4.14M0.0%+12.1%0.009%Search for SEC Filing on Google Icon
9/9/2026National Pension Service836,222$74.26M0.0%+6.7%0.163%Search for SEC Filing on Google Icon
9/9/2026Engineers Gate Manager LP206,146$18.31M0.2%-72.2%0.040%Search for SEC Filing on Google Icon
9/9/2026Pinnacle Wealth Management Advisory Group LLC5,429$0.48M0.0%+5.9%0.001%Search for SEC Filing on Google Icon
9/9/2026NorthRock Partners LLC2,435$0.22M0.0%N/A0.000%Search for SEC Filing on Google Icon
9/9/2026Integrated Wealth Concepts LLC20,448$1.82M0.0%-8.0%0.004%Search for SEC Filing on Google Icon
9/9/2026NewEdge Advisors LLC9,399$0.84M0.0%+20.5%0.002%Search for SEC Filing on Google Icon
9/9/2026IFP Advisors Inc2,606$0.23M0.0%-13.4%0.001%Search for SEC Filing on Google Icon
9/9/2026Baird Financial Group Inc.227,174$20.17M0.0%+39.8%0.044%Search for SEC Filing on Google Icon
9/8/2026Allworth Financial LP26,486$2.35M0.0%-4.5%0.005%Search for SEC Filing on Google Icon
9/8/2026Arizona State Retirement System136,321$12.11M0.1%+6.8%0.027%Search for SEC Filing on Google Icon
9/8/2026Waverly Advisors LLC11,943$1.06M0.0%-5.5%0.002%Search for SEC Filing on Google Icon
9/8/2026Nykredit A S131,738$11.70M0.0%N/A0.026%Search for SEC Filing on Google Icon
9/4/2026Parkside Financial Bank & Trust1,981$0.18M0.0%+23.7%0.000%Search for SEC Filing on Google Icon
8/27/2026Corient Private Wealth LP170,259$15.13M0.0%+114.8%0.033%Search for SEC Filing on Google Icon
8/26/2026Amundi1,782,345$158.27M0.0%+7.3%0.347%Search for SEC Filing on Google Icon
8/26/2026HighTower Advisors LLC57,466$5.10M0.0%-29.4%0.011%Search for SEC Filing on Google Icon
8/25/2026Advus Financial Partners LLC4,932$0.44M0.1%+17.2%0.001%Search for SEC Filing on Google Icon
8/25/2026VIRGINIA RETIREMENT SYSTEMS ET Al194,187$17.24M0.1%N/A0.038%Search for SEC Filing on Google Icon
8/23/2026Readystate Asset Management LP20,433$1.81M0.1%N/A0.004%Search for SEC Filing on Google Icon
8/23/2026Ameritas Advisory Services LLC644$57K0.0%N/A0.000%Search for SEC Filing on Google Icon
8/23/2026HB Wealth Management LLC17,724$1.57M0.0%+6.0%0.003%Search for SEC Filing on Google Icon
8/23/2026Saudi Central Bank33,282$2.96M0.0%+92.0%0.006%Search for SEC Filing on Google Icon
8/23/2026Fortitude Advisory Group L.L.C.2,767$0.25M0.1%N/A0.001%Search for SEC Filing on Google Icon
8/23/2026Angeles Wealth Management LLC3,439$0.31M0.0%+3.3%0.001%Search for SEC Filing on Google Icon
8/22/2026AlphaGrep UK Ltd2,820$0.25M0.1%N/A0.001%Search for SEC Filing on Google Icon
8/22/2026Raiffeisen Bank International AG10,470$0.94M0.0%+4,071.3%0.002%Search for SEC Filing on Google Icon
8/22/2026Syon Capital LLC6,420$0.57M0.0%+17.0%0.001%Search for SEC Filing on Google Icon
8/22/2026TD Waterhouse Canada Inc.41,798$3.75M0.0%+13.6%0.008%Search for SEC Filing on Google Icon
8/22/2026Concurrent Investment Advisors LLC30,577$2.72M0.0%+737.3%0.006%Search for SEC Filing on Google Icon
8/22/2026NEOS Investment Management LLC174,633$15.51M0.1%+16.0%0.034%Search for SEC Filing on Google Icon
8/21/2026Nykredit A S131,738$11.70M0.0%N/A0.026%Search for SEC Filing on Google Icon
8/21/2026Coppell Advisory Solutions LLC6,272$0.56M0.1%N/A0.001%Search for SEC Filing on Google Icon
8/21/2026Natural Investments LLC3,003$0.27M0.1%+9.1%0.001%Search for SEC Filing on Google Icon
8/21/2026Secure Asset Management LLC2,448$0.22M0.0%-15.9%0.000%Search for SEC Filing on Google Icon
8/20/2026Proficio Capital Partners LLC4,981$0.44M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/20/2026NINE MASTS CAPITAL Ltd2,500$0.22M0.0%N/A0.000%Search for SEC Filing on Google Icon
8/20/2026Camelot Portfolios LLC2,389$0.21M0.1%-4.8%0.000%Search for SEC Filing on Google Icon
8/20/2026Quantitative Investment Management LLC8,401$0.75M0.1%+25.4%0.002%Search for SEC Filing on Google Icon
8/20/2026Sigma Planning Corp24,332$2.16M0.1%+13.3%0.005%Search for SEC Filing on Google Icon
8/20/2026GTS Securities LLC6,221$0.55M0.0%-51.9%0.001%Search for SEC Filing on Google Icon
8/20/2026Alyeska Investment Group L.P.188,054$16.70M0.0%-60.9%0.037%Search for SEC Filing on Google Icon
8/20/2026Northwestern Mutual Wealth Management Co.43,220$3.84M0.0%+1.7%0.008%Search for SEC Filing on Google Icon
8/20/2026Greenleaf Trust18,914$1.68M0.0%-2.5%0.004%Search for SEC Filing on Google Icon
8/19/2026UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC4,981,404$442.35M0.1%+5.5%0.971%Search for SEC Filing on Google Icon
8/19/2026New Mexico Educational Retirement Board23,726$2.11M0.1%+13.4%0.005%Search for SEC Filing on Google Icon
8/19/2026Royal London Asset Management Ltd.210,205$18.67M0.0%-0.6%0.041%Search for SEC Filing on Google Icon
8/19/2026Mufg Securities Americas Inc.14,643$1.30M0.1%+11.4%0.003%Search for SEC Filing on Google Icon
8/19/2026Van ECK Associates Corp331,350$29.42M0.0%+10.2%0.065%Search for SEC Filing on Google Icon
8/19/2026Nissay Asset Management Corp Japan139,952$12.43M0.1%+3.5%0.027%Search for SEC Filing on Google Icon
8/19/2026Hsbc Holdings PLC2,139,057$190.10M0.1%+7.3%0.417%Search for SEC Filing on Google Icon
8/19/2026Wellington Management Group LLP660,310$58.64M0.0%+83.7%0.129%Search for SEC Filing on Google Icon
8/19/2026Kingsview Wealth Management LLC3,818$0.34M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/18/2026Beacon Pointe Advisors LLC19,275$1.71M0.0%N/A0.004%Search for SEC Filing on Google Icon
8/18/2026Livforsakringsbolaget Skandia Omsesidigt4,680$0.42M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/18/2026Rakuten Investment Management Inc.78,903$7.05M0.0%N/A0.015%Search for SEC Filing on Google Icon
8/18/2026Glenview Trust Co7,601$0.68M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/18/2026Comprehensive Money Management Services LLC4,110$0.37M0.2%N/A0.001%Search for SEC Filing on Google Icon
8/18/2026Empowered Funds LLC10,911$0.97M0.0%N/A0.002%Search for SEC Filing on Google Icon
8/18/2026United Capital Financial Advisors LLC13,340$1.19M0.0%N/A0.003%Search for SEC Filing on Google Icon
8/18/2026Equitable Holdings Inc.4,216$0.37M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/18/2026Brasada Capital Management LP16,918$1.50M0.0%N/A0.003%Search for SEC Filing on Google Icon
8/18/2026Jefferies Financial Group Inc.14,430$1.28M0.0%N/A0.003%Search for SEC Filing on Google Icon
8/18/2026Public Employees Retirement System of Ohio692,476$61.49M0.2%N/A0.135%Search for SEC Filing on Google Icon
8/17/2026Proficio Capital Partners LLC4,981$0.44M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/17/2026Transamerica Financial Advisors LLC1,605$0.14M0.0%N/A0.000%Search for SEC Filing on Google Icon
8/17/2026Adelante Capital Management LLC593,888$52.74M3.5%N/A0.116%Search for SEC Filing on Google Icon
8/17/2026Corient Private Wealth LP162,336$14.42M0.0%N/A0.032%Search for SEC Filing on Google Icon
8/17/2026Bamco Inc. NY281,483$25M0.0%N/A0.055%Search for SEC Filing on Google Icon
8/17/2026Bank of America Corp DE4,396,344$390.40M0.0%N/A0.857%Search for SEC Filing on Google Icon
8/15/2026Jupiter Topco LLC1,140,949$101.30M0.0%N/A0.222%Search for SEC Filing on Google Icon
8/14/2026Hsbc Holdings PLC2,139,057$190.10M0.1%N/A0.417%Search for SEC Filing on Google Icon
8/14/2026Canada Pension Plan Investment Board4,366,528$387.75M0.2%N/A0.851%Search for SEC Filing on Google Icon
8/14/2026Legal & General Group Plc5,651,463$501.85M0.1%N/A1.102%Search for SEC Filing on Google Icon
8/14/2026The Manufacturers Life Insurance Company289,666$25.72M0.0%N/A0.056%Search for SEC Filing on Google Icon
8/14/2026Cetera Trust Company N.A4,290$0.38M0.2%N/A0.001%Search for SEC Filing on Google Icon
8/13/2026Cibc World Market Inc.54,912$4.88M0.0%N/A0.011%Search for SEC Filing on Google Icon
8/13/2026OMERS ADMINISTRATION Corp39,609$3.52M0.0%N/A0.008%Search for SEC Filing on Google Icon
8/13/2026Sanctuary Advisors LLC62,228$5.53M0.0%N/A0.012%Search for SEC Filing on Google Icon
8/13/2026Meiji Yasuda Asset Management Co Ltd.7,927$0.70M0.0%N/A0.002%Search for SEC Filing on Google Icon
8/13/2026Bank of Nova Scotia91,267$8.12M0.0%N/A0.018%Search for SEC Filing on Google Icon
8/12/2026Vista Investment Management4,956$0.44M0.1%N/A0.001%Search for SEC Filing on Google Icon
8/12/2026Elevation Point Wealth Partners LLC2,532$0.23M0.0%N/A0.000%Search for SEC Filing on Google Icon
8/12/2026Daiichi Life Insurance Co. Ltd.28,452$2.53M0.1%N/A0.006%Search for SEC Filing on Google Icon
8/12/2026Commerce Bank11,842$1.05M0.0%N/A0.002%Search for SEC Filing on Google Icon
8/12/2026Pinnbrook Capital Management LP81,200$7.21M0.8%N/A0.016%Search for SEC Filing on Google Icon
8/12/2026Northwestern Mutual Wealth Management Co.43,220$3.84M0.0%N/A0.008%Search for SEC Filing on Google Icon
8/12/2026Evolve Private Wealth LLC3,669$0.33M0.0%N/A0.001%Search for SEC Filing on Google Icon
8/12/2026Varma Mutual Pension Insurance Co156,768$13.92M0.1%N/A0.031%Search for SEC Filing on Google Icon
8/12/2026Westpac Banking Corp101,045$8.97M0.6%N/A0.020%Search for SEC Filing on Google Icon
8/12/2026Korea Investment CORP242,074$21.50M0.0%N/A0.047%Search for SEC Filing on Google Icon
8/12/2026Ieq Capital LLC156,680$13.91M0.1%N/A0.031%Search for SEC Filing on Google Icon
8/12/2026Callan Family Office LLC25,940$2.30M0.0%N/A0.005%Search for SEC Filing on Google Icon
8/11/2026Paralel Advisors LLC29,900$2.66M0.1%-38.4%0.006%Search for SEC Filing on Google Icon
8/11/2026Allworth Financial LP26,486$2.35M0.0%N/A0.005%Search for SEC Filing on Google Icon
8/11/2026B. Metzler seel. Sohn & Co. AG22,400$1.99M0.0%N/A0.004%Search for SEC Filing on Google Icon
8/11/2026Silvant Capital Management LLC310$28K0.0%N/A0.000%Search for SEC Filing on Google Icon
8/11/2026Ceredex Value Advisors LLC270,350$24.01M0.7%N/A0.053%Search for SEC Filing on Google Icon
8/11/2026Fairtree Asset Management Pty Ltd10,719$0.95M0.4%N/A0.002%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Ventas logo
Ventas Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. Ventas leverages its unmatched operational expertise, data-driven insights from its Ventas Operational InsightsTM platform, extensive relationships and strong financial position to achieve its goal of delivering outsized performance across approximately 1,400 properties. The Ventas portfolio is composed of senior housing communities, outpatient medical buildings, research centers and healthcare facilities in North America and the United Kingdom. The Company benefits from a seasoned team of talented professionals who share a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives.
Read More on Ventas

Today's Range

Now: $87.67
Low: $87.53
High: $88.63

50 Day Range

MA: $92.55
Low: $87.06
High: $100.61

52 Week Range

Now: $87.67
Low: $66.54
High: $101.60

Volume

3,024,690 shs

Average Volume

2,739,246 shs

Market Capitalization

$44.97 billion

P/E Ratio

162.35

Dividend Yield

2.36%

Beta

0.7

Who are the company insiders with the largest holdings of Ventas?

Ventas' top insider shareholders include:
  1. Debra A Cafaro (CEO)
  2. Debra A Cafaro (Chairman)
  3. Debra A Cafaro (CEO)
  4. Robert F Probst (CFO)
  5. T Richard Riney (EVP)
  6. Peter J Bulgarelli (CEO)
  7. Carey S Roberts (EVP)
  8. Douglas Crocker II (Director)
  9. John D Cobb (EVP)
  10. John D Cobb (EVP)
Learn More about top insider investors at Ventas.

Who are the major institutional investors of Ventas?

Ventas' top institutional investors include:
  1. BlackRock Inc. — 10.87%
  2. Legal & General Group Plc — 1.10%
  3. Deutsche Bank AG — 0.99%
  4. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC — 0.97%
  5. Bank of America Corp DE — 0.86%
  6. Canada Pension Plan Investment Board — 0.85%
Learn More about top institutional investors of Ventas stock.

Which institutional investors are selling Ventas stock?

Within the previous quarter, VTR stock was sold by these institutional investors:
  1. Engineers Gate Manager LP
  2. Alyeska Investment Group L.P.
  3. HighTower Advisors LLC
  4. Paralel Advisors LLC
  5. PensionDanmark Pensionsforsikringsaktieselskab
  6. Sarasin & Partners LLP
  7. GTS Securities LLC
  8. BDF Gestion
Within the last year, company insiders that have sold Ventas company stock include:
  1. Debra A Cafaro (CEO)
  2. Robert F Probst (CFO)
  3. Peter J Bulgarelli (CEO)
  4. Carey S Roberts (EVP)
  5. Walter C Rakowich (Director)
Learn More investors selling Ventas stock.

Which institutional investors are buying Ventas stock?

Within the previous quarter, VTR stock was acquired by institutional investors including:
  1. BlackRock Inc.
  2. Legal & General Group Plc
  3. Deutsche Bank AG
  4. Bank of America Corp DE
  5. Canada Pension Plan Investment Board
  6. Bank of New York Mellon Corp
  7. Hsbc Holdings PLC
  8. Mitsubishi UFJ Asset Management Co. Ltd.