Novavax Ownership

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

Recent Insider Transactions

NasdaqGS:NVAX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Jun 24	SellUS$105,675	James Young	Individual	7,500	US$14.09
18 Jun 24	SellUS$102,881	James Young	Individual	7,500	US$14.28
14 May 24	SellUS$384,474	Filip Dubovsky	Individual	27,660	US$13.90
07 May 24	BuyUS$6,006,725	Shah Capital Management, Inc	Company	1,431,777	US$4.62
07 May 24	BuyUS$1,211,421	Shah Capital Management, Inc	Company	265,000	US$4.57
15 Apr 24	BuyUS$33,861	Himanshu Shah	Individual	8,223	US$4.13

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 NVAX?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	506,212	0.316%
Public Companies	6,500,000	4.06%
Hedge Funds	9,815,541	6.13%
General Public	58,756,486	36.7%
Institutions	84,606,755	52.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 34.8%.

Top Shareholders

Top 25 shareholders own 54.05% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.63%	The Vanguard Group, Inc.	15,430,069	US$124.1m	9.62%	no data
7.82%	BlackRock, Inc.	12,533,336	US$100.8m	5.8%	no data
6.13%	Shah Capital Management, Inc	9,815,541	US$78.9m	1.59%	16.42%
4.8%	State Street Global Advisors, Inc.	7,687,951	US$61.8m	26.7%	no data
4.06%	SK bioscience Co.,Ltd.	6,500,000	US$52.3m	0%	no data
3.71%	D. E. Shaw & Co., L.P.	5,937,165	US$47.7m	-6.09%	0.07%
2.19%	Geode Capital Management, LLC	3,502,489	US$28.2m	9.51%	no data
1.53%	BMO Asset Management Corp.	2,454,325	US$19.7m	20.6%	0.01%
1.39%	Coatue Management, L.L.C.	2,224,319	US$17.9m	-15.3%	0.06%
1.29%	Renaissance Technologies LLC	2,064,783	US$16.6m	86%	0.02%
1.25%	Two Sigma Advisers, LP	1,999,400	US$16.1m	48.9%	0.04%
1.15%	Jane Street Group, LLC, Asset Management Arm	1,838,807	US$14.8m	-2.37%	0.02%
1.12%	Millennium Management LLC	1,792,841	US$14.4m	604%	0.01%
0.89%	Morgan Stanley, Investment Banking and Brokerage Investments	1,424,593	US$11.5m	-9.23%	no data
0.85%	Northern Trust Global Investments	1,368,212	US$11.0m	18.3%	no data
0.84%	TSP Capital Management Group, LLC	1,350,865	US$10.9m	-1.91%	3.69%
0.83%	Charles Schwab Investment Management, Inc.	1,325,508	US$10.7m	16.5%	no data
0.72%	Societe Generale, Securities Investments	1,154,276	US$9.3m	941%	0.03%
0.71%	Citigroup Inc.,Banking and Securities Investments	1,135,222	US$9.1m	32%	0.01%
0.62%	Tang Capital Management, LLC	1,000,000	US$8.0m	0%	0.61%
0.56%	Simplex Trading, LLC, Asset Management Arm	898,820	US$7.2m	236%	0.25%
0.52%	Bank of America Corporation, Asset Management Arm	834,845	US$6.7m	6.49%	no data
0.49%	Invesco Capital Management LLC	788,920	US$6.3m	551%	no data
0.48%	Two Sigma Investments, LP	760,936	US$6.1m	52.4%	0.01%
0.47%	UBS Asset Management AG	749,679	US$6.0m	19.7%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 21:06
End of Day Share Price	2024/12/31 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

Novavax, Inc. is covered by 25 analysts. 6 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
Alec Stranahan	BofA Global Research
Mayank Mamtani	B. Riley Securities, Inc.
George Zavoico	B. Riley Securities, Inc.