Nikola Ownership

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

Recent Insider Transactions

WBAG:NKL2 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Dec 24	Sell€872	Dirk Hoefelmann	Individual	546	€1.60
04 Sep 24	Sell€7,781	Thomas Okray	Individual	1,396	€5.57
04 Sep 24	Sell€3,996	Mary Shio Chan	Individual	717	€5.57
04 Sep 24	Sell€1,962	Dirk Hoefelmann	Individual	352	€5.57
06 Aug 24	Sell€32,846	Stephen Girsky	Individual	4,636	€7.08
04 Jun 24	Sell€8,004	Dirk Hoefelmann	Individual	567.67	€14.10
20 May 24	Buy€497,178	Stephen Girsky	Individual	33,333.3	€14.92
05 Mar 24	Sell€3,194	Dirk Hoefelmann	Individual	170	€18.79
05 Mar 24	Sell€47,073	Joseph Pike	Individual	2,505.4	€18.79
05 Mar 24	Sell€68,879	Britton Worthen	Individual	3,666	€18.79
05 Mar 24	Sell€15,424	Mary Shio Chan	Individual	820.9	€18.79

Insider Trading Volume

Insider Buying: NKL2 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NKL2?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	228,894	0.376%
Private Companies	1,227,476	2.02%
Sovereign Wealth Funds	3,545,693	5.83%
Institutions	11,442,496	18.8%
General Public	44,422,496	73%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 118.9%.

Top Shareholders

Top 25 shareholders own 24.72% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.83%	Norges Bank Investment Management	3,545,693	€5.6m	0%	no data
3.81%	The Vanguard Group, Inc.	2,320,616	€3.6m	-26.3%	no data
2.21%	Millennium Management LLC	1,347,178	€2.1m	1,590%	no data
2.02%	T&M Residual, Llc	1,227,476	€1.9m	0%	no data
1.96%	BlackRock, Inc.	1,195,595	€1.9m	16.3%	no data
1.27%	Bank of America Corporation, Asset Management Arm	770,951	€1.2m	4,530%	no data
0.98%	Mirae Asset Global Investments Co., Ltd.	595,781	€935.0k	98.3%	no data
0.86%	Geode Capital Management, LLC	524,731	€823.5k	11.5%	no data
0.56%	Van Eck Associates Corporation	339,775	€533.2k	-0.75%	no data
0.54%	Mirae Asset Securities Co., Ltd., Asset Management Arm	325,955	€511.6k	0%	0.02%
0.53%	Alyeska Investment Group, L.P.	319,792	€501.9k	0%	no data
0.44%	Jane Street Group, LLC, Asset Management Arm	266,120	€417.7k	-61.7%	no data
0.43%	Societe Generale, Securities Investments	264,773	€415.5k	138%	no data
0.41%	State Street Global Advisors, Inc.	250,913	€393.8k	-7.22%	no data
0.38%	Balyasny Asset Management L.P.	234,098	€367.4k	0%	no data
0.38%	Citigroup Inc.,Banking and Securities Investments	231,695	€363.6k	-55.5%	no data
0.37%	Charles Schwab Investment Management, Inc.	224,127	€351.7k	-3.17%	no data
0.3%	Morgan Stanley, Investment Banking and Brokerage Investments	183,475	€288.0k	30.3%	no data
0.29%	Coatue Management, L.L.C.	173,915	€272.9k	0%	no data
0.25%	Goldman Sachs Group, Investment Banking and Securities Investments	154,370	€242.3k	0%	no data
0.23%	Tidal Investments LLC	140,523	€220.5k	193%	no data
0.18%	BNP Paribas Arbitrage Sa, Asset Management Arm	107,752	€169.1k	586%	no data
0.17%	Northern Trust Global Investments	105,939	€166.3k	-55.5%	no data
0.16%	ALPS Advisors, Inc.	98,904	€155.2k	0%	no data
0.16%	Stephen Girsky	95,027	€149.1k	5%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:05
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

Nikola Corporation is covered by 16 analysts. 6 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
Thomas Mordelle	Bryan Garnier & Co
Paul de Froment	Bryan Garnier & Co
Gregory Lewis	BTIG