Who holds it, who is betting against it, and where the big money is moving
Net of large-order buying minus selling, in USD. Over this window: −$1.29M (4 inflow days, 16 outflow days).
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 29.1% of shares outstanding.
Reported short interest has risen from 1.62% to 3.69% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Tributary Capital Management, LLC | Mutual Fund | 2026/Q3 | +86,809 | 1.0% |
| Nuveen Asset Management LLC | Insurance Company | 2026/Q3 | +19,760 | 0.2% |
| BlackRock | Mutual Fund | 2026/Q3 | +58,178 | 11.1% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +41,870 | 0.9% |
| AQR Capital Management | Hedge Fund | 2026/Q3 | +34,254 | 1.5% |
| American Century Investment Management | Mutual Fund | 2026/Q3 | +32,651 | 3.3% |
| Citadel Advisors LLC | Hedge Fund | 2026/Q3 | +16,441 | 0.2% |
| Geode Capital Management, LLC | Mutual Fund | 2026/Q3 | +15,215 | 2.6% |
| Squarepoint OPS LLC | Hedge Fund | 2026/Q3 | +13,681 | 0.3% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +13,653 | 2.2% |
| Wealth Enhancement Advisory Services, LLC | Mutual Fund | 2026/Q3 | +10,520 | 0.2% |
| Osaic Wealth, Inc. | Private Company | 2026/Q3 | +10,326 | 0.1% |
| Creative Planning, Inc. | Mutual Fund | 2026/Q3 | +10,029 | 0.3% |
| Federated Hermes, Inc. | Mutual Fund | 2026/Q3 | +9,430 | 1.5% |
| Quantinno Capital Management LP | Mutual Fund | 2026/Q3 | +9,365 | 0.3% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 26 Aug 2026 | Jodi Chandler | Chief Human Resources Officer | Open Market Disposition | -675 | $70.19 | 22,550 |
| 15 Aug 2026 | Scott Ferris | Independent Director | Other Acquisition | +575 | – | 775 |
| 31 May 2026 | Scott Ferris | Independent Director | Initial Statement of Beneficial | +0 | – | 200 |
| 15 May 2026 | Daniel Olszewski | Independent Director | Other Acquisition | +710 | – | 27,405 |
| 15 May 2026 | Corey Chambas | Chief Executive Officer | Other Acquisition | +710 | – | 139,782 |
| 15 May 2026 | Gerald Kilcoyne | Independent Chairperson | Other Acquisition | +710 | – | 66,691 |
| 15 May 2026 | W. Lorenz | Independent Director | Other Acquisition | +710 | – | 17,849 |
| 15 May 2026 | Jason Graham | Director | Other Acquisition | +710 | – | 3,930 |
| 15 May 2026 | Laurie Benson | Independent Director | Other Acquisition | +710 | – | 8,681 |
| 15 May 2026 | Carla Chavarria | Independent Director | Other Acquisition | +710 | – | 8,446 |
| 15 May 2026 | David Seiler | President | Other Acquisition | +3,815 | – | 41,187 |
| 15 May 2026 | Laura Garcia | Chief Risk Officer of First Business Bank | Sale to Issuer | -194 | $53.81 | 4,648 |
| 15 May 2026 | Kevin Crampton | Chief Accounting Officer | Sale to Issuer | -54 | $53.81 | 2,347 |
| 9 Apr 2026 | Corey Chambas | Chief Executive Officer | Sale to Issuer | -4,875 | $58.60 | 139,072 |
| 9 Apr 2026 | Corey Chambas | Chief Executive Officer | Other Acquisition | +10,370 | – | 139,072 |
| 9 Apr 2026 | Jodi Chandler | Chief Human Resources Officer | Sale to Issuer | -834 | $58.60 | 23,225 |
| 9 Apr 2026 | Jodi Chandler | Chief Human Resources Officer | Other Acquisition | +2,080 | – | 23,225 |
| 9 Apr 2026 | James Hartlieb | President, CEO & Director of First Business Bank | Sale to Issuer | -1,039 | $58.60 | 31,637 |
| 9 Apr 2026 | James Hartlieb | President, CEO & Director of First Business Bank | Other Acquisition | +2,730 | – | 31,637 |
| 9 Apr 2026 | James Hartlieb | President, CEO & Director of First Business Bank | Other Disposition | -127 | – | 31,637 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Sep 2026 | 308,415 | 3.7% | 6.5 |
| 31 Aug 2026 | 263,366 | 3.1% | 4.7 |
| 14 Aug 2026 | 222,049 | 2.7% | 4.1 |
| 31 Jul 2026 | 184,655 | 2.2% | 2.3 |
| 15 Jul 2026 | 154,110 | 1.8% | 2.9 |
| 30 Jun 2026 | 135,269 | 1.6% | 2.0 |
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