Bavarian Nordic Ownership

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

Recent Insider Transactions

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 BVNR.Y?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	137,190	0.175%
Institutions	19,610,075	25%
General Public	58,797,495	74.9%

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

Top Shareholders

Top 25 shareholders own 27.5% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10%	Arbejdsmarkedets Tillægspension (Atp)	7,887,947	US$212.8m	0%	14.61%
3.41%	The Vanguard Group, Inc.	2,677,767	US$72.2m	0.34%	no data
2.45%	Dimensional Fund Advisors LP	1,928,032	US$52.0m	0.39%	0.01%
1.98%	Norges Bank Investment Management	1,551,765	US$41.9m	0%	no data
1.9%	BlackRock, Inc.	1,492,829	US$40.3m	2.15%	no data
1.17%	Bi Asset Management FondsmÆGlerselskab A/S	915,728	US$24.7m	6.19%	0.22%
0.94%	Handelsbanken Asset Management	738,887	US$19.9m	11.6%	0.03%
0.84%	ODDO BHF Asset Management SAS	656,063	US$17.7m	9.59%	0.25%
0.61%	Victory Capital Management Inc.	479,963	US$12.9m	-0.78%	0.01%
0.59%	ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg	463,660	US$12.5m	0.38%	0.1%
0.45%	Nykredit Asset Management A/S	352,771	US$9.5m	-19.2%	0.15%
0.34%	Nordea Investment Management, AB	265,908	US$7.2m	-2.08%	no data
0.32%	Fundamental Fondsmaeglerselskab A/S	252,424	US$6.8m	8.6%	11.15%
0.28%	KBC Asset Management NV	221,702	US$6.0m	0%	0.01%
0.28%	Deutsche Asset & Wealth Management	216,608	US$5.8m	0%	no data
0.27%	Geode Capital Management, LLC	208,602	US$5.6m	0.13%	no data
0.23%	Investering & Tryghed A/S	184,000	US$5.0m	0%	1.16%
0.23%	Goldman Sachs Asset Management, L.P.	182,848	US$4.9m	0.79%	no data
0.18%	J. Lamarck SIM S.p.A.	141,100	US$3.8m	0%	4.17%
0.17%	Sparinvest SA (Luxembourg)	134,200	US$3.6m	0%	1.16%
0.17%	Principal Global Investors, LLC	133,720	US$3.6m	-1.7%	no data
0.17%	Charles Schwab Investment Management, Inc.	132,906	US$3.6m	2.06%	no data
0.17%	Danske Bank A/S, Asset Management Arm	132,559	US$3.6m	0%	0.01%
0.17%	Gudme Raaschou Asset Management	130,000	US$3.5m	0%	0.95%
0.15%	Danske Capital Denmark	120,418	US$3.2m	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 07:40
End of Day Share Price	2024/12/20 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

Bavarian Nordic A/S is covered by 14 analysts. 4 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
Peter Ankersen	ABG Sundal Collier
Jacob Lademann	Carnegie Investment Bank AB
Peter Verdult	Citigroup Inc