Norwegian Air Shuttle ASA

OB:NAS Stock Report

Market Cap: NOK 15.3b

Norwegian Air Shuttle Ownership

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

Recent Insider Transactions

OB:NAS Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
13 Feb 26BuyNOK 8,997Hans-Joergen WibstadIndividual540NOK 16.66
13 Feb 26BuyNOK 9,414Knut Olav Irgens HoegIndividual565NOK 16.66
13 Feb 26BuyNOK 8,997Anne-Sissel SkanvikIndividual540NOK 16.66
13 Feb 26BuyNOK 12,496Katrine GundersenIndividual750NOK 16.66
13 Feb 26BuyNOK 8,997Torstein SolandIndividual540NOK 16.66
13 Feb 26BuyNOK 11,996Guro PoulsenIndividual720NOK 16.66
13 Feb 26BuyNOK 12,279Magnus MaursundIndividual737NOK 16.66
13 Feb 26BuyNOK 11,996Jeanette Bo-AlnesIndividual720NOK 16.66
13 Feb 26BuyNOK 11,629Adin KavaraIndividual698NOK 16.66
29 Oct 25BuyNOK 152,750Karina DeaconIndividual10,000NOK 15.27
29 Oct 25BuyNOK 68,760Stephen KavanaghIndividual4,500NOK 15.28
29 Oct 25BuyNOK 60,760Daniel SkjeldamIndividual4,000NOK 15.19
29 Oct 25BuyNOK 62,046Anna Sofia BergendorffIndividual4,054NOK 15.30
15 Jul 25BuyNOK 8,968Anne-Sissel SkanvikIndividual495NOK 18.12
15 Jul 25BuyNOK 10,453Katrine GundersenIndividual577NOK 18.12
15 Jul 25BuyNOK 2,971Torstein SolandIndividual164NOK 18.12
15 Jul 25BuyNOK 8,968Guro PoulsenIndividual495NOK 18.12
15 Jul 25BuyNOK 8,968Knut Olav Irgens HoegIndividual495NOK 18.12
15 Jul 25BuyNOK 8,968Magnus MaursundIndividual495NOK 18.12
15 Jul 25BuyNOK 11,939Jeanette Bo-AlnesIndividual659NOK 18.12
15 Jul 25BuyNOK 8,968Hans-Joergen WibstadIndividual495NOK 18.12
15 Jul 25BuyNOK 8,968Adin KavaraIndividual495NOK 18.12
22 May 25BuyNOK 323,750Svein OygardIndividual25,000NOK 12.95

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of NAS?
Owner TypeNumber of SharesOwnership Percentage
Private Companies10,096,5600.961%
Public Companies31,472,7032.99%
Sovereign Wealth Funds84,060,7558%
Individual Insiders144,120,24613.7%
Institutions362,412,32834.5%
General Public418,747,69139.8%

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

Top Shareholders

Top 25 shareholders own 56.81% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
13.3%
John Fredriksen
140,063,236NOK 2.0b0%no data
8%
Folketrygdfondet
84,060,755NOK 1.2b0%0.65%
5.1%
DNB Asset Management AS
53,557,375NOK 777.7m5.77%0.2%
2.99%
AerCap Holdings N.V.
31,472,703NOK 457.0m0%no data
2.62%
Nordnet AB (publ)
27,585,294NOK 400.5m0%3.73%
2.55%
Nordea Investment Management, AB
26,772,997NOK 388.7m0%0.02%
2.29%
Silver Point Capital, L.P.
24,092,031NOK 349.8m0%1.69%
2.03%
Sundt AS
21,353,508NOK 310.1m0%12.21%
2.03%
The Vanguard Group, Inc.
21,292,017NOK 309.2m4,770%no data
1.93%
JP Morgan Asset Management
20,284,329NOK 294.5m2.1%no data
1.66%
Avanza Fonder AB
17,486,438NOK 253.9m0%0.26%
1.16%
American Century Investment Management Inc
12,218,646NOK 177.4m0%0.01%
1.16%
Holmen Fondsforvaltning Ltd.
12,200,000NOK 177.1m0%8.56%
1.13%
KLP Kapitalforvaltning AS
11,871,996NOK 172.4m0%0.04%
1.09%
Handelsbanken Asset Management
11,503,980NOK 167.0m0%0.03%
1.05%
BlackRock, Inc.
11,003,594NOK 159.8m7.91%no data
1%
Aberdeen Group Plc
10,500,000NOK 152.5m0%0.01%
0.96%
Brumm As
10,096,560NOK 146.6m0%no data
0.93%
Goldman Sachs Asset Management, L.P.
9,809,949NOK 142.4m0%no data
0.84%
Eika Kapitalforvaltning AS
8,861,218NOK 128.7m0%1.61%
0.65%
Storebrand Kapitalforvaltning AS
6,816,460NOK 99.0m0%0.52%
0.63%
HSBC Global Asset Management (UK) Limited
6,622,434NOK 96.2m0%no data
0.63%
Swedbank Robur Fonder AB
6,614,983NOK 96.0m0%0.01%
0.62%
UBS Asset Management AG
6,481,818NOK 94.1m0%no data
0.42%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
4,400,247NOK 63.9m-66.7%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 15:59
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Norwegian Air Shuttle ASA is covered by 21 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Andrew LobbenbergBarclays
Katherine SomervilleBerenberg