Nuvalent Ownership

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

Recent Insider Transactions

NasdaqGS:NUVL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Dec 24	SellUS$110,000,000	Bain Capital Life Sciences Investors, LLC	Company	1,250,000	US$88.00
22 Oct 24	SellUS$195,500,000	Deerfield Management Company, L.P. Series C	Company	2,000,000	US$97.75
27 Mar 24	SellUS$6,781,262	Bain Capital Life Sciences Investors, LLC	Company	88,205	US$76.88
27 Mar 24	SellUS$57,254,696	Bain Capital Life Sciences Investors, LLC	Company	791,795	US$72.31

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 NUVL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,914,368	2.56%
Hedge Funds	28,426,278	38.1%
Institutions	44,295,992	59.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.4%.

Top Shareholders

Top 25 shareholders own 92.13% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
33%	Deerfield Management Company, L.P. Series C	23,426,278	US$1.9b	-7.87%	34.06%
13.6%	FMR LLC	9,654,352	US$779.9m	8.87%	0.05%
7.04%	Paradigm Biocapital Advisors LP	5,000,000	US$403.9m	9.37%	14.94%
5.82%	The Vanguard Group, Inc.	4,133,625	US$333.9m	9.47%	no data
5.1%	BlackRock, Inc.	3,624,981	US$292.8m	19.9%	no data
4.19%	Perceptive Advisors LLC	2,979,235	US$240.7m	16.9%	5.53%
2.37%	Fairmount Funds Management LLC	1,687,064	US$136.3m	-12.3%	11.1%
2.32%	Matthew Shair	1,645,220	US$132.9m	-0.36%	no data
2.04%	Bain Capital Life Sciences Investors, LLC	1,447,267	US$116.9m	-46.3%	12.36%
1.75%	State Street Global Advisors, Inc.	1,243,099	US$100.4m	-6.25%	no data
1.68%	Woodline Partners LP	1,193,679	US$96.4m	34.7%	0.84%
1.58%	Tavistock Life Sciences	1,120,192	US$90.5m	0%	6.24%
1.52%	T. Rowe Price Group, Inc.	1,082,277	US$87.4m	43.5%	0.01%
1.42%	Wellington Management Group LLP	1,011,837	US$81.7m	65.5%	0.01%
1.32%	Commodore Capital LP	940,000	US$75.9m	-36.8%	5.17%
1.22%	Driehaus Capital Management LLC	863,957	US$69.8m	24%	0.44%
1.2%	Geode Capital Management, LLC	855,610	US$69.1m	9.39%	no data
0.88%	Fred Alger Management, LLC	627,742	US$50.7m	8.58%	0.22%
0.87%	Pictet Asset Management Limited	621,133	US$50.2m	9.18%	0.04%
0.62%	Morgan Stanley, Investment Banking and Brokerage Investments	439,194	US$35.5m	22.8%	no data
0.61%	Rock Springs Capital Management LP	429,994	US$34.7m	68%	1.18%
0.52%	Silverarc Capital Management, LLC	371,441	US$30.0m	-20.2%	6.94%
0.51%	Polar Capital Holdings Plc	362,500	US$29.3m	26.1%	0.1%
0.51%	First Turn Management, LLC	359,114	US$29.0m	42.4%	4.89%
0.47%	Affinity Asset Advisors, LLC	337,500	US$27.3m	68.8%	4.65%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/06 20:53
End of Day Share Price	2025/01/06 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

Nuvalent, Inc. is covered by 17 analysts. 11 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
Colleen Kusy	Baird
Peter Lawson	Barclays
Evan Seigerman	BMO Capital Markets Equity Research