NextDecade Ownership

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

Recent Insider Transactions

DB:2XD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Dec 25	Buy€8,007,331	Hanwha Aerospace Co., Ltd.	Company	1,651,971	€4.97
10 Dec 25	Buy€4,930,436	Hanwha Aerospace Co., Ltd.	Company	932,598	€5.46
05 Dec 25	Buy€3,361,440	Hanwha Aerospace Co., Ltd.	Company	636,963	€5.34
02 Dec 25	Buy€3,246,205	Hanwha Aerospace Co., Ltd.	Company	627,208	€5.27
26 Nov 25	Buy€4,456,786	Hanwha Aerospace Co., Ltd.	Company	905,753	€5.13
21 Nov 25	Buy€3,909,253	Hanwha Aerospace Co., Ltd.	Company	767,107	€5.24
20 Nov 25	Buy€1,813,713	Hanwha Aerospace Co., Ltd.	Company	347,630	€5.22
19 Nov 25	Buy€5,481,488	Hanwha Aerospace Co., Ltd.	Company	1,064,424	€5.23
14 Nov 25	Buy€3,690,814	Hanwha Aerospace Co., Ltd.	Company	704,664	€5.24
11 Nov 25	Buy€3,097,005	Hanwha Aerospace Co., Ltd.	Company	591,837	€5.23
24 Sep 25	Buy€5,969,043	Hanwha Aerospace Co., Ltd.	Company	1,001,329	€5.98
18 Sep 25	Buy€82,155	Edward Scoggins	Individual	15,000	€5.48
17 Sep 25	Buy€579,253	William Vrattos	Individual	100,000	€5.79
16 Sep 25	Buy€2,104,755	Man Investment Partners (US) LP	Company	357,021	€5.90
12 Sep 25	Buy€1,714,816	Matthew Schatzman	Individual	281,500	€6.09
12 Sep 25	Buy€3,119,835	William Vrattos	Individual	500,000	€6.24
13 May 25	Sell€8,992,053	Valinor Management, L.P.	Company	1,074,544	€8.37

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 2XD?
Owner Type	Number of Shares	Ownership Percentage
Sovereign Wealth Funds	14,206,376	5.36%
General Public	25,306,016	9.56%
Individual Insiders	33,156,496	12.5%
Public Companies	88,856,914	33.6%
Institutions	103,275,606	39%

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

Top Shareholders

Top 25 shareholders own 80.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
17%	TotalEnergies SE	44,900,323	€206.2m	0%	no data
9.98%	Hanwha Aerospace Co., Ltd.	26,420,222	€121.3m	42.5%	no data
8.84%	Haeyoung Lee	23,410,842	€107.5m	0%	no data
7.97%	BlackRock, Inc.	21,104,914	€96.9m	0.95%	no data
6.62%	Hanwha Ocean Co., Ltd.	17,536,369	€80.5m	0%	no data
5.36%	Mubadala Investment Company PJSC	14,206,376	€65.2m	0%	0.12%
3.92%	The Vanguard Group, Inc.	10,378,992	€47.7m	0.51%	no data
3.5%	Man Investment Partners (US) LP	9,274,894	€42.6m	4%	17.01%
1.79%	Valinor Management, L.P.	4,735,065	€21.7m	-44%	100.0%
1.75%	Catalyst Capital Advisors LLC	4,642,512	€21.3m	-1.32%	0.5%
1.61%	JGD Management Corp.	4,264,298	€19.6m	0%	171.35%
1.29%	Matthew Schatzman	3,420,058	€15.7m	4.13%	no data
1.29%	Geode Capital Management, LLC	3,411,406	€15.7m	-3.68%	no data
1.27%	Yaupon Capital Management LP	3,356,285	€15.4m	-8.61%	0.9%
1.14%	Citadel Advisors LLC	3,012,833	€13.8m	-8.33%	0.01%
1.11%	Wolf Hill Capital Management, LP	2,937,558	€13.5m	-49.3%	1.42%
1.09%	State Street Global Advisors, Inc.	2,887,151	€13.3m	-5.79%	no data
0.73%	Hotchkis and Wiley Capital Management, LLC	1,945,794	€8.9m	1.17%	0.03%
0.63%	Morgan Stanley	1,655,232	€7.6m	-23.3%	no data
0.62%	Bank of America Corporation	1,645,095	€7.6m	-47%	no data
0.58%	David Gallo	1,540,680	€7.1m	0%	no data
0.54%	Mirae Asset Global Investments Co., Ltd.	1,425,000	€6.5m	-1.11%	0.01%
0.53%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,412,580	€6.5m	32.7%	no data
0.52%	William Vrattos	1,371,019	€6.3m	78.3%	no data
0.5%	Westwood Management Corp.	1,330,525	€6.1m	5.94%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/04 13:25
End of Day Share Price	2026/01/02 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

NextDecade Corporation is covered by 9 analysts. 1 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
Julien Dumoulin-Smith	BofA Global Research
Sean Morgan	Evercore ISI
null null	Evercore ISI