Moderna Ownership

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

Recent Insider Transactions

NasdaqGS:MRNA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Mar 25	BuyUS$1,004,251	Paul Sagan	Individual	31,620	US$31.76
03 Mar 25	BuyUS$5,004,318	Stephane Bancel	Individual	160,314	US$31.53
11 Jun 24	SellUS$30,087,339	Flagship Pioneering, Inc	Company	202,832	US$149.40

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of MRNA?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	17,086	0.00442%
State or Government	265,238	0.0686%
Individual Insiders	25,482,534	6.59%
General Public	74,913,771	19.4%
Institutions	286,063,191	74%

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

Top Shareholders

Top 25 shareholders own 61.02% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.5%	The Vanguard Group, Inc.	40,396,513	US$1.0b	0.18%	0.01%
7.02%	BlackRock, Inc.	27,153,373	US$675.0m	5.39%	0.01%
6.45%	Baillie Gifford & Co.	24,948,558	US$620.2m	-35.9%	0.27%
5.5%	Stephane Bancel	21,269,463	US$528.8m	0.79%	no data
5.39%	FMR LLC	20,858,147	US$518.5m	13.2%	0.03%
4.6%	State Street Global Advisors, Inc.	17,778,558	US$442.0m	1.15%	0.02%
2.58%	UBS Asset Management AG	9,963,503	US$247.7m	15.1%	0.02%
1.93%	Geode Capital Management, LLC	7,456,590	US$185.4m	2.97%	0.01%
1.87%	Theleme Partners LLP	7,242,390	US$180.0m	-0.88%	8.31%
1.46%	D. E. Shaw & Co., L.P.	5,636,151	US$140.1m	219%	0.17%
1.34%	Invesco Capital Management LLC	5,175,479	US$128.7m	18.6%	0.04%
1.3%	Morgan Stanley, Investment Banking and Brokerage Investments	5,027,101	US$125.0m	93.4%	0.01%
1.2%	Flagship Pioneering, Inc	4,632,149	US$115.2m	0%	51.51%
1.15%	Two Sigma Investments, LP	4,454,103	US$110.7m	571%	0.24%
1.02%	Norges Bank Investment Management	3,940,194	US$98.0m	0%	0.01%
0.98%	Two Sigma Advisers, LP	3,808,500	US$94.7m	3,570%	0.2%
0.93%	Jane Street Group, LLC, Asset Management Arm	3,588,037	US$89.2m	-0.75%	0.14%
0.84%	Voloridge Investment Management, LLC	3,260,546	US$81.1m	25.9%	0.29%
0.81%	Banque Pictet & Cie S.A., Asset Management Arm	3,132,974	US$77.9m	0%	0.78%
0.81%	Northern Trust Global Investments	3,119,626	US$77.6m	5.43%	0.01%
0.75%	Wellington Management Group LLP	2,895,555	US$72.0m	-26%	0.01%
0.7%	Goldman Sachs Asset Management, L.P.	2,712,879	US$67.4m	-9.09%	0.02%
0.68%	Charles Schwab Investment Management, Inc.	2,629,865	US$65.4m	12.2%	0.01%
0.65%	Citigroup Inc.,Banking and Securities Investments	2,508,932	US$62.4m	48.4%	0.04%
0.62%	Eaton Vance Management	2,394,891	US$59.5m	46.5%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/19 03:23
End of Day Share Price	2025/05/19 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

Moderna, Inc. is covered by 42 analysts. 25 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
null null	Argus Research Company
Ishan Majumdar	Baptista Research
Huidong Wang	Barclays