Vaxart earnings
The demand was lower due to lower seasonal influenza cases in the country. The company’s net loss swelled to $16 million in the first quarter of 2021 compared to $1.3 million in the first quarter of 2020. The revenues dropping to less than a fifth and the losses swelled over 10x in a quarter.
Simply so, who owns Nvax?
Top 10 Owners of Novavax Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 7.76% | 5,751,792 |
| BlackRock Fund Advisors | 6.51% | 4,819,447 |
| Fidelity Management & Research Co… | 6.33% | 4,687,177 |
| RA Capital Management LP | 4.05% | 3,002,087 |
Hereof, how many shares of VXRT are there? Share Statistics
| Avg Vol (3 month) 3 | 16.66M |
|---|---|
| Shares Outstanding 5 | 117.96M |
| Implied Shares Outstanding 6 | N/A |
| Float | 114.75M |
| % Held by Insiders 1 | 0.60% |
Besides, what are institutional investors buying?
Mutual funds, pensions, and insurance companies are examples. Institutional investors often buy and sell substantial blocks of stocks, bonds, or other securities and, for that reason, are considered to be the whales on Wall Street.