Exagen Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGM:XGN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
16 Oct 25	SellUS$375,598	John Aballi	Individual	31,787	US$11.82
02 Sep 25	SellUS$200,362	Jeffrey Black	Individual	20,466	US$9.79
25 Mar 25	SellUS$1,155,000	Sun Mountain Capital Advisors LLC	Company	350,000	US$3.30
20 Nov 24	SellUS$660,040	Sun Mountain Capital Advisors LLC	Company	200,000	US$3.30
15 Nov 24	BuyUS$66,448	Jeffrey Black	Individual	22,298	US$2.98

Insider Trading Volume

Insider Buying: XGN insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of XGN?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,072,336	4.87%
Hedge Funds	1,696,866	7.71%
VC/PE Firms	4,971,049	22.6%
General Public	6,175,210	28.1%
Institutions	8,088,180	36.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.6%.

Top Shareholders

Top 25 shareholders own 66.31% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.99%	Sun Mountain Capital Advisors LLC	1,758,958	US$18.9m	0%	100.0%
7.71%	RTW Investments, LP	1,696,866	US$18.3m	12.2%	0.21%
7.71%	H.I.G. Capital, LLC	1,696,252	US$18.3m	0%	100.0%
6.89%	Tullis Health Investors of Florida LLC	1,515,839	US$16.3m	-16.1%	43.91%
3.87%	Cowen Inc.	851,289	US$9.2m	-4.5%	0.75%
3.77%	Hunt Holdings LP	829,280	US$8.9m	0%	no data
3.27%	Balyasny Asset Management L.P.	718,782	US$7.7m	0%	0.02%
3.1%	The Vanguard Group, Inc.	681,619	US$7.3m	38.8%	no data
2.42%	Silvercrest Asset Management Group LLC	531,767	US$5.7m	0%	0.04%
2.39%	Morgan Stanley	524,996	US$5.7m	8.04%	no data
2.19%	Driehaus Capital Management LLC	480,918	US$5.2m	14.9%	0.03%
2.03%	UBS Asset Management AG	446,207	US$4.8m	614%	no data
1.93%	John Aballi	423,578	US$4.6m	15.1%	no data
1.89%	Wexford Capital LP	416,348	US$4.5m	0%	0.65%
1.41%	Kennedy Capital Management LLC	310,721	US$3.3m	5.27%	0.08%
1%	Russell Investment Management, LLC	220,616	US$2.4m	0%	no data
0.99%	Laurence Lytton	216,840	US$2.3m	-81.2%	no data
0.95%	FourWorld Capital Management LLC	208,527	US$2.2m	0%	1.37%
0.93%	Mark Hazeltine	205,530	US$2.2m	0%	no data
0.8%	Manatuck Hill Partners, LLC	175,000	US$1.9m	0%	0.66%
0.77%	Massar Capital Management, LP	170,000	US$1.8m	716%	1.3%
0.67%	Geode Capital Management, LLC	146,483	US$1.6m	45.6%	no data
0.62%	Point72 Asset Management, L.P.	136,380	US$1.5m	0%	no data
0.59%	Mink Brook Asset Management LLC	130,000	US$1.4m	0%	1.18%
0.44%	The Informed Momentum Company LLC	97,773	US$1.1m	0%	0.14%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/05 21:00
End of Day Share Price	2025/11/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Exagen Inc. is covered by 9 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anderson Schock	B. Riley Securities, Inc.
Mark Massaro	BTIG
Kyle Mikson	Canaccord Genuity