Lightwave Logic 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 LWLG?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,347,791	1.08%
Institutions	26,570,703	21.2%
General Public	97,122,663	77.7%

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

Top Shareholders

Top 25 shareholders own 19.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.67%	The Vanguard Group, Inc.	9,586,617	US$22.3m	0.06%	no data
2.37%	Geode Capital Management, LLC	2,963,514	US$6.9m	3.36%	no data
1.98%	State Street Global Advisors, Inc.	2,481,548	US$5.8m	-0.47%	no data
1.74%	BlackRock, Inc.	2,170,782	US$5.1m	-73.5%	no data
0.78%	Northern Trust Global Investments	970,973	US$2.3m	-6.39%	no data
0.68%	Charles Schwab Investment Management, Inc.	856,387	US$2.0m	0%	no data
0.51%	James Marcelli	638,938	US$1.5m	121%	no data
0.42%	UBS Asset Management AG	530,779	US$1.2m	-17.4%	no data
0.39%	BNY Asset Management	492,859	US$1.1m	16%	no data
0.34%	LPL Financial Corporation, Asset Management Arm	431,320	US$1.0m	0.5%	no data
0.29%	UMB Financial Corporation, Asset Management Arm	367,092	US$855.3k	5.76%	0.01%
0.29%	Susquehanna International Group, LLP, Asset Management Arm	358,024	US$834.2k	-28%	no data
0.24%	Financial Advocates Investment Management	305,986	US$713.0k	0%	0.05%
0.24%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	304,411	US$709.3k	0%	no data
0.22%	Morgan Stanley, Investment Banking and Brokerage Investments	269,692	US$628.4k	-27.7%	no data
0.19%	Mitsubishi UFJ Asset Management Co., Ltd.	240,051	US$559.3k	-1.16%	no data
0.19%	First Western Trust Bank, Asset Managemnet Arm	233,598	US$544.3k	0%	0.02%
0.18%	Thomas Zelibor	222,001	US$517.3k	-4.26%	no data
0.16%	Goldman Sachs Group, Investment Banking and Securities Investments	200,761	US$467.8k	0%	no data
0.16%	T. Rowe Price Group, Inc.	198,237	US$461.9k	19.6%	no data
0.14%	Ronald Bucchi	178,422	US$415.7k	12.7%	no data
0.14%	Citadel Advisors LLC	175,008	US$407.8k	-36.7%	no data
0.13%	Jane Street Group, LLC, Asset Management Arm	167,616	US$390.5k	-39.1%	no data
0.13%	Barclays PLC Private Banking & Investment Banking Investment	160,536	US$374.1k	-15.6%	no data
0.13%	Rhumbline Advisers Ltd Partnership	159,275	US$371.1k	3.62%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/08/01 19:27
End of Day Share Price	2025/08/01 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

Lightwave Logic, Inc. is covered by 1 analysts. 0 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
Dan Trang	Stonegate Capital Markets, Inc.