Novo Nordisk Ownership

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

Recent Insider Transactions

BATS-CHIXE:NOVD Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Nov 24	Sell€635,283,865	Novo Holdings A/S	Company	6,311,250	€100.66
13 Aug 24	Sell€1,017,204	Liselotte Hyveled	Individual	8,480	€119.95
02 May 24	Sell€6,655,936	Maziar Doustdar	Individual	55,000	€122.29
07 Feb 24	Sell€6,447,987	Karsten Knudsen	Individual	60,000	€107.47
05 Feb 24	Sell€19,477,406	Lars Jorgensen	Individual	179,336	€110.02
05 Feb 24	Sell€8,133,228	Camilla Sylvest	Individual	74,915	€108.57
31 Jan 24	Sell€478,546	Maziar Doustdar	Individual	4,714	€101.52

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of NOVD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	146,185	0.0033%
Private Companies	407,774	0.0092%
VC/PE Firms	1,265,055,000	28.5%
Institutions	1,485,835,937	33.5%
General Public	1,680,829,825	37.9%

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

Top Shareholders

Top 25 shareholders own 47.41% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.5%	Novo Holdings A/S	1,265,055,000	€136.1b	0%	92.78%
5.03%	BlackRock, Inc.	222,901,376	€24.0b	-0.05%	0.43%
2.75%	The Vanguard Group, Inc.	122,101,876	€13.1b	2.01%	0.22%
1.76%	Norges Bank Investment Management	78,056,581	€8.4b	-7.61%	0.73%
1.1%	FMR LLC	48,936,030	€5.3b	-2.83%	0.34%
0.77%	GQG Partners LLC	34,254,760	€3.7b	5.27%	3.12%
0.66%	Jennison Associates LLC	29,237,432	€3.1b	0.3%	2.04%
0.58%	Amundi Asset Management SAS	25,859,380	€2.8b	5.91%	0.62%
0.54%	Geode Capital Management, LLC	24,047,009	€2.6b	2.85%	0.21%
0.45%	Alecta Pensionsförsäkring, ömsesidigt	19,933,628	€2.1b	0%	4.7%
0.45%	JP Morgan Asset Management	19,860,447	€2.1b	-1.68%	0.26%
0.43%	Deutsche Asset & Wealth Management	19,207,123	€2.1b	0.03%	0.67%
0.4%	Wellington Management Group LLP	17,925,704	€1.9b	14.2%	0.32%
0.39%	Nordea Investment Management, AB	17,077,340	€1.8b	0.19%	1.32%
0.37%	T. Rowe Price Group, Inc.	16,544,941	€1.8b	0.72%	0.17%
0.36%	State Street Global Advisors, Inc.	16,070,641	€1.7b	1.66%	0.07%
0.36%	Fundsmith, LLP	16,035,654	€1.7b	-8.23%	5.72%
0.34%	WCM Investment Management, LLC	15,184,622	€1.6b	-0.96%	2.71%
0.34%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	14,976,857	€1.6b	-34.6%	0.44%
0.34%	Fisher Asset Management, LLC	14,864,525	€1.6b	0%	0.73%
0.33%	Handelsbanken Asset Management	14,824,809	€1.6b	0.16%	2.48%
0.3%	Invesco Ltd.	13,083,414	€1.4b	-3.38%	0.4%
0.28%	Fayez Sarofim & Co., LLC	12,552,088	€1.4b	6.23%	3.91%
0.27%	Capital Research and Management Company	11,904,582	€1.3b	3.51%	0.07%
0.25%	Massachusetts Financial Services Company	10,888,533	€1.2b	-0.1%	0.27%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/16 04:02
End of Day Share Price	2024/07/19 00:00
Earnings	2024/06/30
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

Novo Nordisk A/S is covered by 71 analysts. 25 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
null null	ABG Sundal Collier
Kamla Singh	AlphaValue
Gerhard Schwarz	Baader Helvea Equity Research