GRAIL Ownership

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

Recent Insider Transactions

BST:NL0 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Jun 26	Sell€78,339	Andrew Partridge	Individual	1,491	€52.54
08 Apr 26	Sell€2,632,450	Joshua Ofman	Individual	61,665	€42.69
08 Apr 26	Sell€5,272,243	Robert Ragusa	Individual	123,502	€42.69
08 Apr 26	Sell€1,955,437	Aaron Freidin	Individual	45,806	€42.69
09 Mar 26	Sell€353,016	Robert Ragusa	Individual	8,441	€45.73
09 Mar 26	Sell€152,876	Joshua Ofman	Individual	3,627	€45.73
09 Mar 26	Sell€132,894	Aaron Freidin	Individual	3,147	€45.73
02 Mar 26	Sell€1,610,869	Robert Ragusa	Individual	37,504	€44.39
02 Mar 26	Sell€411,185	Aaron Freidin	Individual	9,573	€44.40
02 Mar 26	Sell€730,208	Joshua Ofman	Individual	17,002	€44.31
03 Dec 25	Sell€1,114,490	Joshua Ofman	Individual	13,000	€85.73
03 Dec 25	Sell€2,125,090	Aaron Freidin	Individual	25,000	€85.00
03 Dec 25	Sell€3,265,914	Robert Ragusa	Individual	40,000	€83.40
17 Nov 25	Sell€68,846,670	Illumina, Inc.	Company	1,000,000	€68.85
17 Nov 25	Sell€115,882	Aaron Freidin	Individual	1,697	€68.29
06 Oct 25	Sell€4,343,416	Joshua Ofman	Individual	81,385	€53.37
19 Aug 25	Sell€115,281	Joshua Ofman	Individual	4,202	€27.43
19 Aug 25	Sell€24,060	Aaron Freidin	Individual	877	€27.43

Insider Trading Volume

Insider Buying: NL0 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NL0?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	804,093	1.87%
Public Companies	1,302,126	3.03%
General Public	5,375,425	12.5%
Hedge Funds	7,282,298	17%
Institutions	28,152,651	65.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.3%.

Top Shareholders

Top 25 shareholders own 67.92% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.39%	Baker Bros. Advisors LP	4,028,614	€233.2m	93.2%	1.3%
7.58%	Farallon Capital Management, L.L.C.	3,253,684	€188.3m	38.9%	1.04%
6.92%	BlackRock, Inc.	2,968,534	€171.8m	0.35%	no data
4.41%	State Street Global Advisors, Inc.	1,891,893	€109.5m	3.52%	no data
4.3%	PRIMECAP Management Company	1,843,772	€106.7m	0.28%	0.07%
4.01%	Deep Track Capital, LP	1,722,797	€99.7m	68.4%	1.8%
4.01%	Sessa Capital IM, L.P.	1,719,314	€99.5m	371%	1.69%
3.56%	Vanguard Capital Management, LLC	1,527,105	€88.4m	0%	no data
3.03%	Illumina, Inc.	1,302,126	€75.4m	-48%	no data
2.41%	Arbiter Partners Capital Management, LLC	1,034,597	€59.9m	-0.1%	34.83%
2.31%	Morgan Stanley	991,187	€57.4m	-10.7%	no data
2.12%	Bank of America Corporation	910,065	€52.7m	28.8%	0.01%
1.93%	Geode Capital Management, LLC	827,942	€47.9m	3.3%	no data
1.53%	Jefferies Financial Group Inc.	657,500	€38.1m	0%	0.47%
1.5%	Alyeska Investment Group, L.P.	645,456	€37.4m	45.9%	0.1%
1.34%	Morgan Stanley Investment Management Inc.	573,985	€33.2m	79.7%	0.03%
1.19%	The Goldman Sachs Group, Inc.	510,425	€29.5m	9.72%	0.01%
1%	RA Capital Management, L.P.	428,266	€24.8m	0%	0.31%
0.95%	Dimensional Fund Advisors LP	408,650	€23.7m	88.5%	no data
0.81%	Northern Trust Global Investments	349,137	€20.2m	2.26%	no data
0.78%	Vanguard Portfolio Management, LLC	334,906	€19.4m	0%	no data
0.74%	Susquehanna International Group, LLP	317,228	€18.4m	1,630%	0.02%
0.72%	Robert Ragusa	308,989	€17.9m	41.6%	no data
0.7%	Citigroup Inc.	302,136	€17.5m	347%	0.01%
0.68%	Raymond James Financial, Inc.	292,138	€16.9m	12.9%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/28 06:18
End of Day Share Price	2026/06/26 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

GRAIL, Inc. is covered by 12 analysts. 9 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
Catherine Ramsey Schulte	Baird
Kyle Mikson	Canaccord Genuity
Kevin Koslosky	Goldman Sachs