BioArctic Ownership

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

Recent Insider Transactions

DB:B9A Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
18 Dec 25	Sell€4,944,102	Lars Lannfelt	Individual	173,750	€28.46
18 Dec 25	Sell€4,944,102	Ackelsta AB	Company	173,750	€28.46
12 Dec 25	Buy€14,601	Anna-Kaija Gronblad	Individual	500	€29.20
11 Dec 25	Sell€14,544	Anna-Kaija Gronblad	Individual	500	€29.09
04 Dec 25	Sell€29,130	Mikael Moge	Individual	1,000	€29.13
28 Aug 25	Sell€106,337	Oskar Bosson	Individual	3,941	€27.95

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 B9A?
Owner Type	Number of Shares	Ownership Percentage
General Public	21,114,847	23.8%
Individual Insiders	28,563,667	32.2%
Institutions	39,040,971	44%

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

Top Shareholders

Top 25 shareholders own 79.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
31.9%	Lars Lannfelt	28,332,050	€748.5m	0.64%	no data
20.2%	Ackelsta AB	17,903,199	€473.0m	0.98%	no data
5.73%	Fourth Swedish National Pension Fund (AP4)	5,080,000	€134.2m	0%	0.51%
3.51%	RA Capital Management, L.P.	3,117,736	€82.4m	0%	1.29%
3.09%	Nordea Investment Management, AB	2,745,136	€72.5m	0%	0.04%
2.77%	E. Öhman J:or Wealth Management	2,459,172	€65.0m	0%	0.74%
2.18%	Handelsbanken Asset Management	1,931,783	€51.0m	0%	0.1%
1.63%	Tredje AP-fonden	1,444,212	€38.2m	0%	0.19%
1.58%	Unionen	1,400,000	€37.0m	0%	15.7%
1.46%	Swedbank Robur Fonder AB	1,292,558	€34.1m	0%	0.02%
1.45%	Vanguard Capital Management, LLC	1,290,732	€34.1m	-0.2%	no data
0.99%	BlackRock, Inc.	875,862	€23.1m	5.09%	no data
0.96%	SEB Funds AB	853,700	€22.6m	0%	0.04%
0.41%	Vanguard Fiduciary Trust Company	362,018	€9.6m	0%	no data
0.38%	Rhenman & Partners Asset Management AB	337,025	€8.9m	0%	0.93%
0.24%	Dimensional Fund Advisors LP	217,026	€5.7m	8.67%	no data
0.16%	American Century Investment Management Inc	142,442	€3.8m	0.33%	no data
0.11%	Deutsche Asset & Wealth Management	100,453	€2.7m	0%	no data
0.1%	Eugen Steiner	89,000	€2.4m	0%	no data
0.096%	Charles Schwab Investment Management, Inc.	84,972	€2.2m	-1.98%	no data
0.081%	Gunilla Osswald	72,000	€1.9m	0%	no data
0.056%	UBS Asset Management AG	49,364	€1.3m	0%	no data
0.043%	Vanguard Asset Management, Limited	38,377	€1.0m	-0.09%	no data
0.042%	Geode Capital Management, LLC	37,399	€988.0k	2.89%	no data
0.042%	Goldman Sachs Asset Management, L.P.	37,225	€983.5k	-53.7%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/11 12:30
End of Day Share Price	2026/06/11 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

BioArctic AB (publ) is covered by 5 analysts. 4 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
Kristofer Liljeberg-Svensson	DNB Carnegie
Rajan Sharma	Goldman Sachs
Viktor Sundberg	Nordea Markets