Aquestive Therapeutics Ownership

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

Recent Insider Transactions

NasdaqGM:AQST Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
26 Nov 24	SellUS$214	Cassie Jung	Individual		44	US$4.87

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 AQST?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,806,824	5.85%
General Public	46,100,596	46.4%
Institutions	47,420,508	47.7%

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

Top Shareholders

Top 25 shareholders own 44.36% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.88%	Bratton Capital Management, L.P.	9,810,958	US$23.1m	0%	100.0%
5.98%	BlackRock, Inc.	5,935,754	US$13.9m	-1.05%	no data
4.1%	The Vanguard Group, Inc.	4,073,558	US$9.6m	-6.29%	no data
3.75%	Perceptive Advisors LLC	3,727,208	US$8.8m	0%	0.32%
2.77%	Armistice Capital LLC	2,750,000	US$6.5m	0%	0.16%
1.86%	Daniel Barber	1,847,016	US$4.3m	33.4%	no data
1.71%	Geode Capital Management, LLC	1,700,706	US$4.0m	2.79%	no data
1.53%	Morgan Stanley, Investment Banking and Brokerage Investments	1,524,490	US$3.6m	107%	no data
1.53%	State Street Global Advisors, Inc.	1,522,655	US$3.6m	1.25%	no data
1.34%	Pale Fire Capital SE	1,335,684	US$3.1m	154%	0.32%
1.34%	Bank of America Corporation, Asset Management Arm	1,330,525	US$3.1m	92.8%	no data
1.07%	Janney Montgomery Scott LLC, Asset Management Arm	1,059,760	US$2.5m	7.65%	0.01%
0.99%	Alexander Schobel	984,476	US$2.3m	0%	no data
0.93%	CHI Advisors LLC	920,000	US$2.2m	2.22%	1.5%
0.77%	Goldman Sachs Group, Investment Banking and Securities Investments	765,388	US$1.8m	-11.6%	no data
0.65%	Lori Braender	649,242	US$1.5m	36.1%	no data
0.59%	Northern Trust Global Investments	587,828	US$1.4m	-2%	no data
0.58%	Two Sigma Advisers, LP	576,400	US$1.4m	3,500%	no data
0.5%	Harvey Capital Management Inc	499,570	US$1.2m	86.8%	0.28%
0.46%	Citadel Advisors LLC	459,550	US$1.1m	20.4%	no data
0.46%	Bracebridge Capital, LLC	459,216	US$1.1m	0%	0.56%
0.41%	Woodline Partners LP	407,661	US$958.0k	-0.4%	0.01%
0.39%	Sio Capital Management, LLC	391,629	US$920.3k	0%	0.27%
0.38%	Stifel Asset Management Corp.	375,128	US$881.6k	-5.88%	no data
0.37%	Two Sigma Investments, LP	372,063	US$874.3k	111%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/25 20:21
End of Day Share Price	2025/05/23 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

Aquestive Therapeutics, Inc. is covered by 11 analysts. 9 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
James Molloy	Alliance Global Partners
Gary Nachman	BMO Capital Markets Equity Research
Kristen Kluska	Cantor Fitzgerald & Co.