Norske Skog Ownership

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

Recent Insider Transactions

OB:NSKOG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
25 Apr 25	BuyNOK 294,468	Terje Sagbakken	Individual	15,900	NOK 18.52
07 Feb 25	BuyNOK 490,303	Even Lund	Individual	25,000	NOK 19.61
26 Nov 24	BuyNOK 1,217,364	Arvid Grundekjon	Individual	60,000	NOK 20.29
06 Sep 24	BuyNOK 221,650	Tord Torvund	Individual	6,500	NOK 34.10

Insider Trading Volume

Insider Buying: NSKOG insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NSKOG?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	22,950,774	26.8%
Private Companies	23,506,415	27.5%
Institutions	39,117,442	45.7%

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

Top Shareholders

Top 25 shareholders own 97.81% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
26.8%	Geir Drangsland	22,774,079	NOK 421.3m	0%	no data
20.6%	Investor As	17,430,431	NOK 322.5m	0%	no data
8.95%	UBS Asset Management AG	7,595,017	NOK 140.5m	57.6%	no data
6.27%	Drangsland Kapital AS	5,316,148	NOK 98.3m	0%	no data
3.99%	JPMorgan Chase & Co, Brokerage and Securities Investments	3,386,424	NOK 62.6m	0%	no data
3.54%	Intertrade Shipping AS	3,000,000	NOK 55.5m	11.1%	no data
3.3%	Fondsfinans Kapitalforvaltning ASA	2,802,177	NOK 51.8m	86.8%	0.72%
2.66%	Arctic Asset Management AS	2,257,788	NOK 41.8m	0%	0.31%
2.59%	Voldstad Eiendom AS	2,200,984	NOK 40.7m	57.2%	no data
2.42%	Holberg Fondsforvaltning AS	2,050,000	NOK 37.9m	0%	0.27%
1.76%	American Century Investment Management Inc	1,496,144	NOK 27.7m	34.6%	no data
1.48%	MP Pensjon PK	1,255,915	NOK 23.2m	0%	0.33%
1.36%	Dimensional Fund Advisors LP	1,156,008	NOK 21.4m	-14.9%	no data
1.34%	Amundi Asset Management SAS	1,134,617	NOK 21.0m	0%	no data
1.34%	Fourton Fund Management Co. Ltd	1,134,617	NOK 21.0m	0%	0.67%
1.27%	State Street Global Advisors, Inc.	1,075,296	NOK 19.9m	32.9%	no data
1.24%	Storebrand Asset Management AS	1,047,878	NOK 19.4m	0%	0.01%
1.22%	Holmen Fondsforvaltning Ltd.	1,038,500	NOK 19.2m	0%	1.24%
1.02%	Nordea Investment Management, AB	867,034	NOK 16.0m	-76.7%	no data
0.88%	ODIN Forvaltning AS	750,000	NOK 13.9m	0%	0.01%
0.88%	SpareBank 1 Gruppen AS, Asset Management Arm	750,000	NOK 13.9m	0%	1.73%
0.81%	BNY Mellon Advisors, Inc.	688,585	NOK 12.7m	-0.82%	0.01%
0.72%	Nordnet Livsforsikring AS, Asset Management Arm	614,035	NOK 11.4m	0%	4.45%
0.69%	Saxo Bank A/S, Asset Management Arm	585,469	NOK 10.8m	-8.11%	0.05%
0.68%	BNY Asset Management	573,947	NOK 10.6m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/29 16:43
End of Day Share Price	2025/04/29 00:00
Earnings	2025/03/31
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

Norske Skog ASA is covered by 4 analysts. 2 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
Johannes Grunselius	DNB Markets
Kenneth Sivertsen	Pareto Securities