Axogen Ownership

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

Recent Insider Transactions

NasdaqCM:AXGN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
07 Mar 24	SellUS$225,000	Gregory Freitag	Individual		25,000	US$9.00
07 Mar 24	SellUS$319,891	Michael Donovan	Individual		36,310	US$8.81

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 AXGN?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,160,347	4.91%
Hedge Funds	3,005,943	6.83%
General Public	4,663,994	10.6%
Institutions	34,177,975	77.7%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.

Top Shareholders

Top 25 shareholders own 70.31% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.92%	First Light Asset Management, LLC	4,364,858	US$72.7m	6.71%	6.54%
7.75%	BlackRock, Inc.	3,412,687	US$56.9m	5.03%	no data
6.83%	Soleus Capital Management, L.P.	3,005,943	US$50.1m	-9.07%	3.89%
6.41%	Morgan Stanley, Investment Banking and Brokerage Investments	2,819,290	US$47.0m	14.4%	0.01%
5.51%	The Vanguard Group, Inc.	2,425,789	US$40.4m	0.58%	no data
5.17%	ArrowMark Colorado Holdings, LLC	2,275,463	US$37.9m	-55.5%	0.48%
2.98%	Assenagon Asset Management S.A.	1,311,106	US$21.8m	0.02%	0.04%
2.6%	Karen Zaderej	1,143,788	US$19.1m	0%	no data
2.3%	Geode Capital Management, LLC	1,010,508	US$16.8m	3.23%	no data
2.18%	Millennium Management LLC	959,592	US$16.0m	40.8%	0.01%
2.13%	Dafna Capital Management, LLC	935,894	US$15.6m	0%	4.16%
2.04%	State Street Global Advisors, Inc.	896,674	US$14.9m	11.9%	no data
1.58%	Tocqueville Asset Management LP	694,900	US$11.6m	-9.74%	0.18%
1.55%	Dimensional Fund Advisors LP	680,768	US$11.3m	10.8%	no data
1.44%	D. E. Shaw & Co., L.P.	634,344	US$10.6m	4.23%	0.01%
1.34%	Silvercrest Asset Management Group LLC	589,305	US$9.8m	-26.4%	0.07%
1.32%	Deutsche Asset & Wealth Management	582,239	US$9.7m	1.31%	no data
1.12%	JP Morgan Asset Management	492,219	US$8.2m	4,100,000%	no data
1.1%	Bank of America Corporation, Asset Management Arm	483,471	US$8.1m	3.07%	no data
0.94%	Parkman Healthcare Partners LLC	412,888	US$6.9m	0%	0.95%
0.91%	Armistice Capital LLC	400,055	US$6.7m	0%	0.16%
0.86%	Northern Trust Global Investments	377,289	US$6.3m	3.27%	no data
0.83%	Charles Schwab Investment Management, Inc.	363,764	US$6.1m	8.55%	no data
0.82%	Driehaus Capital Management LLC	358,860	US$6.0m	0%	0.04%
0.71%	PGIM, Inc.	311,085	US$5.2m	37.4%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 13:52
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
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

Axogen, Inc. is covered by 17 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.

Analyst	Institution
Michael Gorman	BTIG
Caitlin Cronin	Canaccord Genuity
William Plovanic	Canaccord Genuity