Zealand Pharma Ownership

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

Recent Insider Transactions

OTCPK:ZLDP.F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
08 Nov 24	SellUS$183,247	Anneline Nansen	Individual	1,500	US$122.31
29 Aug 24	SellUS$4,563,091	Adam Steensberg	Individual	35,000	US$130.37
22 Mar 24	SellUS$206,409	Nikolaj Barfoed Beck	Individual	2,000	US$103.20
15 Mar 24	SellUS$51,034	Jens Stenvang	Individual	500	US$102.07
08 Mar 24	SellUS$108,483	Anneline Nansen	Individual	1,000	US$108.48

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of ZLDP.F?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	193,961	0.275%
VC/PE Firms	6,874,960	9.73%
General Public	27,943,487	39.6%
Institutions	35,634,530	50.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.

Top Shareholders

Top 25 shareholders own 53.82% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.73%	Van Herk Investments B.V.	6,874,960	US$690.6m	0%	64.98%
4.87%	Avoro Capital Advisors LLC	3,438,184	US$345.4m	0%	5.1%
4.44%	Polar Capital Holdings Plc	3,138,798	US$315.3m	0%	1.19%
4.38%	Perpetual Limited	3,095,511	US$310.9m	0%	0.93%
3.69%	The Vanguard Group, Inc.	2,604,463	US$261.6m	0.28%	no data
3.24%	FMR LLC	2,291,461	US$230.2m	-0.37%	0.01%
3%	BlackRock, Inc.	2,117,722	US$212.7m	3.16%	no data
2.81%	Capital Research and Management Company	1,982,512	US$199.1m	0%	0.01%
2.6%	Norges Bank Investment Management	1,835,158	US$184.3m	0%	0.02%
2.16%	Baillie Gifford & Co.	1,528,412	US$153.5m	0.22%	0.07%
1.82%	Handelsbanken Asset Management	1,287,750	US$129.4m	-2.39%	0.2%
1.32%	JOHCM (USA) Inc	929,267	US$93.3m	-28.3%	1.5%
1.27%	Bank of America Corporation, Asset Management Arm	894,738	US$89.9m	0%	0.03%
1%	Federated Hermes, Inc.	707,425	US$71.1m	16.4%	0.18%
0.97%	Dimensional Fund Advisors LP	686,189	US$68.9m	-1.59%	0.01%
0.84%	Schroder Investment Management Limited	594,894	US$59.8m	-16.4%	0.04%
0.83%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	586,457	US$58.9m	-42.5%	0.01%
0.79%	UBS Asset Management AG	558,540	US$56.1m	1.47%	0.01%
0.74%	Nordea Investment Management, AB	521,542	US$52.4m	1.45%	0.04%
0.73%	ClearBridge Investments, LLC	518,025	US$52.0m	4.5%	0.04%
0.61%	Geode Capital Management, LLC	433,665	US$43.6m	0.05%	no data
0.57%	J O Hambro Capital Management Limited	402,000	US$40.4m	0%	0.37%
0.5%	Pictet Asset Management Limited	350,322	US$35.2m	0%	0.03%
0.49%	Bi Asset Management FondsmÆGlerselskab A/S	348,706	US$35.0m	0.08%	0.33%
0.42%	T. Rowe Price Group, Inc.	298,399	US$30.0m	-12.9%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 18:47
End of Day Share Price	2024/12/23 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

Zealand Pharma A/S is covered by 23 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
Kerry Holford	Berenberg
Laura Hindley	Berenberg
Charlie Haywood	BofA Global Research