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$ZVRA
$9.53 -$0.28 (2.85%) Close

Ownership

13F as of Q2 2026 · 59.4M shares outstanding

Who owns ZVRA?

By type of holder
Institutions 75.0% Insiders 1.4% Everyone else 23.6%
Concentration Top 10 holders own 44.2%
BlackRock, Inc. 8.6% · FMR LLC 8.3%
Institutional ownership
75.0%
+5.4 pts vs last qtr
Institutional holders
156
+8 vs last qtr
Net shares bought
+3.2M
by institutions in Q2 2026
New / sold out
28 / 20
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • FMR LLC +1.7M
  • Woodline Partners LP +1.3M

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Biggest sellers in Q2 2026
  • AIGH Capital Management LLC SOLD OUT −1.2M
  • Point72 Asset Management, L.P. SOLD OUT −1.2M

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Who is planning to sell?

Notices of proposed sale, last 12 months
$5.99M
11 notices from 9 people
Shares covered
601.8K
1.01% of the company
Arranged in advance
40%
of the value is under a 10b5-1 plan
Under a 10b5-1 plan No plan
$0$1.7M$3.4MNovDecJan 2026: $365.4K under a 10b5-1 planJanFeb 2026: $950.6K under a 10b5-1 planFebMar 2026: $3.4M without a planMarAprMay 2026: $404.6K under a 10b5-1 planMayJunJul 2026: $156.2K without a planJulAug 2026: $477.0K under a 10b5-1 planAugSepOct 2026: $227.8K under a 10b5-1 planOct
Largest proposed sellers
  • Raymond L Clifton Officer $3.41M
  • Neil F Mcfarlane Director 10b5-1 $1.18M

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Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2020–FY2025
+1338.4%
+143.20% a year
Each share's claim on the business
−93.0%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
$2.81M vs $32.5M
over 4 fiscal years
Diluted shares, split-adjusted
3.9M30.8M57.8M2020: 4.0M shares'202021: 29.8M shares'212024: 46.3M shares'242025: 57.3M shares'25
Buybacks Stock-based comp
$0$7.5M$14.9M2020 buybacks: $02020 stock comp: $2.5M'202021 buybacks: $2.8M2021 stock comp: $2.4M'212024 buybacks: $02024 stock comp: $14.9M'242025 buybacks: $02025 stock comp: $12.6M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years34% 3–5 years20% 1–3 years29% Under 1 year17%
Quarterly turnover
20.1%
of institutional shares changed hands
Top 10 managers, median time held
5 years

Super Investors

Investment managers reporting ZVRA on Form 13F
B
BlackRock, Inc.
Shares
5.1M
% of company
8.60%
Change vs last qtr
+652.4K (+14.6%)
Held since
≤2021
F
FMR LLC
Shares
4.9M
% of company
8.28%
Change vs last qtr
+1.7M (+53.0%)
Held since
2022

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Institutional Funds

Mutual funds and ETFs reporting ZVRA on Form N-PORT; together they hold 26.6% of the company
FC
Fidelity Contrafund
Position value
$42.2M
% of company
4.96%
% of the fund
0.02%
As of
June 30, 2026
VT
Position value
$27.2M
% of company
3.20%
% of the fund
0.00%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
MN
McFarlane Neil F.
Insider
Shares
417.2K
% of company
0.70%
Change vs last qtr
—
Held since
—
CR
Clifton R. LaDuane
Insider
Shares
143.5K
% of company
0.24%
Change vs last qtr
—
Held since
—

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