Liquidia Ownership

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

Recent Insider Transactions

NasdaqCM:LQDA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Sep 22	BuyUS$47,920	Michael Kaseta	Individual	8,000	US$5.99
06 Sep 22	BuyUS$1,405,000	Caligan Partners, LP	Company	250,000	US$5.62
06 Sep 22	BuyUS$243,990	Roger Jeffs	Individual	43,820	US$5.57
31 Aug 22	BuyUS$9,451	Michael Kaseta	Individual	1,927	US$4.90
31 Aug 22	BuyUS$10,594	Scott Moomaw	Individual	2,160	US$4.90
31 Aug 22	BuyUS$9,407	Robert Lippe	Individual	1,918	US$4.90
31 Aug 22	BuyUS$4,870	Roger Jeffs	Individual	993	US$4.90
31 May 22	BuyUS$74,936	Michael Kaseta	Individual	18,700	US$4.01
25 May 22	BuyUS$269,960	Caligan Partners, LP	Company	79,400	US$3.40
24 May 22	BuyUS$98,812	Roger Jeffs	Individual	28,000	US$3.53
24 May 22	BuyUS$99,997	Robert Lippe	Individual	29,628	US$3.38
19 May 22	BuyUS$1,301,473	Caligan Partners, LP	Company	221,104	US$5.99
18 Apr 22	BuyUS$8,999,996	Caligan Partners, LP	Company	1,764,705	US$5.10
18 Apr 22	BuyUS$1,999,996	Paul Manning	Individual	392,156	US$5.10

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 LQDA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	7,858,558	12.2%
Hedge Funds	10,643,627	16.5%
Institutions	21,600,466	33.5%
General Public	24,392,300	37.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.1%.

Top Shareholders

Top 25 shareholders own 56.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.5%	Caligan Partners, LP	10,643,627	$73.9m	2.41%	no data
8.57%	Paul Manning	5,530,110	$38.4m	0%	no data
4.8%	BlackRock, Inc.	3,096,689	$21.5m	1.23%	no data
4%	The Vanguard Group, Inc.	2,579,285	$17.9m	6.38%	no data
2.78%	Roger Jeffs	1,795,511	$12.5m	2.71%	no data
2.62%	Kynam Capital Management, LP	1,692,402	$11.7m	12.77%	2.01%
2.29%	State Street Global Advisors, Inc.	1,478,953	$10.3m	2.12%	no data
2.17%	Eversept Partners, L.P.	1,401,443	$9.7m	-33.26%	1%
1.42%	Two Sigma Advisers, LP	917,700	$6.4m	105.49%	0.02%
1.34%	Geode Capital Management, LLC	866,845	$6.0m	0.37%	no data
1.3%	Two Sigma Investments, LP	840,616	$5.8m	66.25%	0.02%
1.24%	Adage Capital Management, L.P.	800,000	$5.6m	-11.11%	0.01%
0.95%	Woodline Partners LP	612,058	$4.2m	0%	0.05%
0.87%	Opaleye Management Inc.	563,500	$3.9m	8.05%	1.23%
0.83%	Pura Vida Investments, LLC	537,870	$3.7m	0%	0.48%
0.68%	Mitsubishi UFJ Kokusai Asset Management Co., Ltd.	438,809	$3.0m	-0.49%	no data
0.68%	PBM Capital Group LLC	435,674	$3.0m	0%	7.48%
0.62%	Northern Trust Global Investments	397,055	$2.8m	-2.85%	no data
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	333,916	$2.3m	-17.08%	no data
0.51%	Harbert Fund Advisors Inc.	329,158	$2.3m	-23.53%	1.58%
0.43%	Goldman Sachs Group, Investment Banking and Securities Investments	278,918	$1.9m	637.78%	no data
0.42%	Russell Schundler	272,012	$1.9m	0%	no data
0.41%	Renaissance Technologies LLC	264,288	$1.8m	121.72%	no data
0.4%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	260,343	$1.8m	-1.98%	no data
0.39%	Parkman Healthcare Partners LLC	254,452	$1.8m	0%	0.41%