Milestone Pharmaceuticals Ownership

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

Recent Insider Transactions

NasdaqGS:MIST Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
15 Dec 25	SellUS$124,273	Lorenz Muller	Individual	53,566	US$2.32
15 Dec 25	SellUS$308,685	Joseph Oliveto	Individual	133,054	US$2.32
15 Dec 25	SellUS$134,576	Amit Hasija	Individual	58,007	US$2.32
15 Dec 25	SellUS$134,576	David Bharucha	Individual	58,007	US$2.32
15 Dec 25	SellUS$134,576	Jeffrey Nelson	Individual	58,007	US$2.32

Insider Trading Volume

Insider Buying: MIST insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of MIST?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,161,820	1.14%
Institutions	31,349,821	30.9%
General Public	69,070,628	68%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 53.4%.

Top Shareholders

Top 25 shareholders own 28.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.05%	Propel Bio Management, LLC	4,118,321	US$7.3m	-19.6%	5.85%
3.77%	Trails Edge Capital Partners, LP	3,833,333	US$6.8m	0%	1.38%
2.77%	Adage Capital Management, L.P.	2,810,037	US$5.0m	-59.7%	0.01%
2.47%	RTW Investments, LP	2,506,102	US$4.5m	0%	0.05%
1.63%	Marshall Wace LLP	1,656,821	US$2.9m	290%	no data
1.49%	Two Sigma Investments, LP	1,514,461	US$2.7m	127%	no data
1.48%	Simplify Asset Management Inc.	1,506,405	US$2.7m	-46.8%	0.04%
1.08%	Jane Street Group, LLC	1,093,230	US$1.9m	168%	no data
1%	Pathstone Family Office, LLC	1,017,040	US$1.8m	1.7%	0.01%
0.77%	Morgan Stanley	781,875	US$1.4m	-73.7%	no data
0.74%	Lion Point Capital, LP	755,000	US$1.3m	14.7%	6.55%
0.74%	The Toronto-Dominion Bank	750,000	US$1.3m	0%	no data
0.74%	Cowen Inc.	750,000	US$1.3m	0%	0.11%
0.66%	Boxer Capital Management, LLC	666,666	US$1.2m	0%	0.2%
0.65%	Stonepine Capital Management LLC	662,666	US$1.2m	0%	0.55%
0.63%	Susquehanna International Group, LLP	643,300	US$1.1m	151%	no data
0.61%	Two Sigma Advisers, LP	619,592	US$1.1m	165%	no data
0.48%	UBS Asset Management AG	491,868	US$875.5k	23.7%	no data
0.48%	Joseph Oliveto	482,744	US$859.3k	39%	no data
0.47%	Point72 Asset Management, L.P.	482,355	US$858.6k	0%	no data
0.4%	Millennium Management LLC	402,635	US$716.7k	0.27%	no data
0.35%	Citadel Advisors LLC	353,232	US$628.8k	-31%	no data
0.26%	Aptus Capital Advisors, LLC	263,200	US$468.5k	25.2%	no data
0.26%	Guardian Wealth Advisors, LLC	263,200	US$468.5k	25.2%	0.03%
0.25%	Squarepoint OPS LLC	249,344	US$443.8k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/03/11 23:27
End of Day Share Price	2026/03/11 00:00
Earnings	2025/09/30
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

Milestone Pharmaceuticals Inc. is covered by 8 analysts. 5 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
Patrick Trucchio	H.C. Wainwright & Co.
Brandon Folkes	H.C. Wainwright & Co.
Christopher Howerton	Jefferies LLC