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: −$1.18M (7 inflow days, 13 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 44.2% of shares outstanding.
Reported short interest has fallen from 13.48% to 13.20% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Nuveen Fund Advisors, LLC | Mutual Fund | 2026/Q3 | +66,801 | 0.9% |
| Nuveen Asset Management LLC | Insurance Company | 2026/Q3 | +82,245 | 0.2% |
| First Light Asset Management, LLC | Mutual Fund | 2026/Q3 | +2,774,795 | 18.1% |
| Cadian Capital Management, LP | Hedge Fund | 2026/Q3 | +1,460,102 | 7.5% |
| Marshall Wace LLP | Hedge Fund | 2026/Q3 | +522,160 | 1.5% |
| Highmark Wealth Management LLC | Mutual Fund | 2026/Q3 | +265,217 | 0.9% |
| BlackRock | Mutual Fund | 2026/Q3 | +247,718 | 8.2% |
| Gilder Gagnon Howe & Co. LLC | Mutual Fund | 2026/Q3 | +204,526 | 2.8% |
| Next Century Growth Investors LLC | Mutual Fund | 2026/Q3 | +201,331 | 1.3% |
| Granahan Investment Management, LLC | Mutual Fund | 2026/Q3 | +192,085 | 4.3% |
| AQR Capital Management | Hedge Fund | 2026/Q3 | +190,036 | 0.6% |
| Vanguard Portfolio Management, LLC | Mutual Fund | 2026/Q3 | +134,793 | 1.2% |
| First Eagle Investment Management, LLC | Mutual Fund | 2026/Q3 | +130,000 | 1.7% |
| Geode Capital Management, LLC | Mutual Fund | 2026/Q3 | +125,111 | 2.4% |
| Paradigm Capital Management, Inc. | Mutual Fund | 2026/Q3 | +106,700 | 2.8% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 4 Oct 2026 | Anshul Maheshwari | Chief Financial Officer | Intent to Sell (Form 144) | -1,731 | $18.08 | – |
| 30 Sep 2026 | Jeffrey Dunn | Executive Chairperson | Derivative Exercise and Sale | -20,000 | $18.47 | 86,173 |
| 31 Aug 2026 | Jeffrey Dunn | Executive Chairperson | Derivative Exercise and Sale | -20,000 | $18.91 | 86,173 |
| 23 Aug 2026 | Laura Francis | Chief Executive Officer | Automatic Disposition | -25,972 | $20.12 | 429,694 |
| 23 Aug 2026 | Anshul Maheshwari | Chief Financial Officer | Automatic Disposition | -11,636 | $20.11 | 55,680 |
| 20 Aug 2026 | Anshul Maheshwari | Chief Financial Officer | Intent to Sell (Form 144) | -11,228 | $19.48 | – |
| 20 Aug 2026 | Laura Francis | Chief Executive Officer | Automatic Disposition | -55,807 | $20.02 | 455,666 |
| 20 Aug 2026 | Anshul Maheshwari | Chief Financial Officer | Automatic Disposition | -16,975 | $20.02 | 67,316 |
| 18 Aug 2026 | Anshul Maheshwari | Chief Financial Officer | Intent to Sell (Form 144) | -5,747 | $19.14 | – |
| 16 Aug 2026 | Laura Francis | Chief Executive Officer | Open Market Disposition | -14,956 | $18.68 | 511,473 |
| 16 Aug 2026 | Anshul Maheshwari | Chief Financial Officer | Open Market Disposition | -4,665 | $18.68 | 84,291 |
| 16 Aug 2026 | Michael Pisetsky | Chief Business & Legal Affairs Officer | Open Market Disposition | -3,725 | $18.65 | 143,369 |
| 2 Aug 2026 | Jeffrey Dunn | Executive Chairperson | Derivative Exercise and Sale | -20,000 | $18.46 | 86,173 |
| 1 Jul 2026 | Anshul Maheshwari | Chief Financial Officer | Open Market Disposition | -3,317 | $16.80 | 79,419 |
| 1 Jul 2026 | Michael Pisetsky | Chief Business & Legal Affairs Officer | Open Market Disposition | -3,134 | $16.86 | 139,788 |
| 4 Jun 2026 | Jeffrey Dunn | Executive Chairperson | Open Market Disposition | -3,575 | $15.25 | 86,173 |
| 3 Jun 2026 | Timothy Davis | Lead Independent Director | Other Acquisition | +10,957 | – | 10,957 |
| 3 Jun 2026 | Jeryl Hilleman | Independent Director | Other Acquisition | +10,957 | – | 10,957 |
| 3 Jun 2026 | John Freund | Independent Director | Other Acquisition | +10,957 | – | 10,957 |
| 3 Jun 2026 | Jeffrey Dunn | Executive Chairperson | Other Acquisition | +10,957 | – | 10,957 |
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 | 5,914,143 | 13.2% | 10.7 |
| 31 Aug 2026 | 5,626,900 | 12.6% | 9.9 |
| 14 Aug 2026 | 5,336,842 | 11.9% | 10.9 |
| 31 Jul 2026 | 5,080,650 | 11.5% | 10.9 |
| 15 Jul 2026 | 5,507,086 | 12.4% | 8.9 |
| 30 Jun 2026 | 5,978,449 | 13.5% | 8.5 |
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