Novartis Ownership

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

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NVS?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,125,538	0.106%
Private Companies	89,218,068	4.46%
Institutions	769,641,623	38.5%
General Public	1,138,284,804	56.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 29.27% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.46%	Sandoz Family Office SA	89,135,960	AR$8.8t	0%	no data
4.24%	The Vanguard Group, Inc.	84,681,592	AR$8.4t	0.31%	0.12%
3.12%	UBS Asset Management AG	62,332,710	AR$6.2t	-0.02%	0.59%
2.66%	Norges Bank Investment Management	53,086,291	AR$5.3t	0%	0.41%
2.51%	Credit Suisse Funds AG	50,178,623	AR$5.0t	0%	80.54%
1.76%	Wellington Management Group LLP	35,111,937	AR$3.5t	-0.27%	0.53%
1.36%	Dodge & Cox	27,226,030	AR$2.7t	-3.92%	0.9%
0.86%	Deutsche Asset & Wealth Management	17,229,468	AR$1.7t	0%	0.47%
0.75%	Geode Capital Management, LLC	15,071,856	AR$1.5t	-1.53%	0.1%
0.73%	Artisan Partners Limited Partnership	14,606,988	AR$1.4t	-9.15%	1.1%
0.7%	GQG Partners LLC	13,988,551	AR$1.4t	6.2%	1.12%
0.67%	Pictet Asset Management SA	13,332,962	AR$1.3t	0.27%	2.43%
0.6%	PRIMECAP Management Company	12,021,225	AR$1.2t	-1.41%	0.84%
0.59%	Dimensional Fund Advisors LP	11,717,656	AR$1.2t	0.01%	0.17%
0.5%	Zürcher Kantonalbank, Investment Arm	9,947,178	AR$987.4b	-9.54%	8.18%
0.43%	Union Asset Management Holding AG	8,674,169	AR$861.1b	0%	0.61%
0.42%	Vontobel Asset Management AG	8,445,057	AR$838.3b	4.43%	4.37%
0.42%	State Street Global Advisors, Inc.	8,426,598	AR$836.5b	0.49%	0.03%
0.42%	Amundi Asset Management SAS	8,406,640	AR$834.5b	0.29%	0.17%
0.41%	Massachusetts Financial Services Company	8,237,413	AR$817.7b	1.16%	0.17%
0.38%	JP Morgan Asset Management	7,644,705	AR$758.9b	-0.82%	0.08%
0.34%	Charles Schwab Investment Management, Inc.	6,738,716	AR$668.9b	1.74%	0.11%
0.32%	ZKB Asset Management	6,390,910	AR$634.4b	-5.55%	1.26%
0.32%	Loomis Sayles & Company, L.P.	6,308,222	AR$626.2b	-2.95%	0.73%
0.31%	Deka Investment GmbH	6,173,305	AR$612.8b	0.04%	0.54%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 16:07
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Novartis AG is covered by 68 analysts. 17 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
Kamla Singh	AlphaValue
John Eade	Argus Research Company
Fabrizio Spagna	Axia Financial Research