Alexander Hansson purchased 100,000 shares of NAT, increasing the Hansson family's stake to 10.1 million shares.
Quiver AI Summary
On September 22, 2025, Alexander Hansson, Non-Executive Vice Chairman and Board member of Nordic American Tankers Ltd (NAT), purchased 100,000 shares at $3.27 each, increasing his total holdings to 5,150,000 shares. Following this transaction, the Hansson family now owns a combined 10,100,000 shares, making them the largest private shareholder group in the company. The company also included a cautionary statement regarding forward-looking statements, noting the inherent uncertainties and risks that may affect future performance. Further details and contact information for the company's CFO and Finance Manager were provided at the end of the release.
Potential Positives
- Alexander Hansson's purchase of 100,000 shares demonstrates strong insider confidence in the company's future performance.
- The Hansson family's status as the largest private shareholder group may bolster investor confidence and stability in the company's leadership.
- This significant transaction could positively influence the company's stock price as it reflects the commitment of key stakeholders.
Potential Negatives
- Overshadowed by the fact that the largest shareholder group is now the Hansson family, which may raise concerns about corporate governance and potential conflicts of interest.
- Forward-looking statements include significant uncertainties that may lead to actual performance diverging from expectations, potentially causing investor concern.
- Potential liability from pending or future litigation mentioned could pose risks for the company, impacting its reputation and financial stability.
FAQ
Who is Alexander Hansson in relation to Nordic American Tankers?
Alexander Hansson is the Non-Executive Vice Chairman and Board member of Nordic American Tankers Ltd.
How many shares did Alexander Hansson purchase recently?
Alexander Hansson purchased 100,000 shares at $3.27 per share.
What is the total number of shares held by the Hansson family?
The Hansson family now owns a total of 10,100,000 shares in the company.
What does the press release caution regarding forward-looking statements?
The press release includes a caution about forward-looking statements, highlighting inherent uncertainties and potential factors affecting results.
How can investors contact Nordic American Tankers for more information?
Investors can contact Bjørn Giæver, CFO, or Alexander Kihle, Finance Manager, at the provided phone numbers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NAT Hedge Fund Activity
We have seen 111 institutional investors add shares of $NAT stock to their portfolio, and 102 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CENTERBOOK PARTNERS LP removed 2,479,350 shares (-79.1%) from their portfolio in Q2 2025, for an estimated $6,520,690
- GOLDMAN SACHS GROUP INC added 1,666,425 shares (+60.3%) to their portfolio in Q2 2025, for an estimated $4,382,697
- CASTLEKNIGHT MANAGEMENT LP added 1,414,900 shares (+inf%) to their portfolio in Q2 2025, for an estimated $3,721,187
- CITADEL ADVISORS LLC removed 1,238,092 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3,256,181
- TWO SIGMA INVESTMENTS, LP removed 1,146,657 shares (-48.8%) from their portfolio in Q2 2025, for an estimated $3,015,707
- TUDOR INVESTMENT CORP ET AL added 839,986 shares (+inf%) to their portfolio in Q2 2025, for an estimated $2,209,163
- AQR CAPITAL MANAGEMENT LLC added 727,321 shares (+561.4%) to their portfolio in Q2 2025, for an estimated $1,912,854
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Monday, September 22, 2025
Dear Shareholders and Investors,
Non-Executive Vice Chairman and Board member of NAT, Alexander Hansson, has today bought 100,000 shares at $3.27 per share. He is now holding 5,150,000 shares.
Following this transaction, the Hansson family owns 10,100,000 shares – being the largest private shareholder group in the company.
For contacts, please see at the end of this communication.
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd. www.nat.bm
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission, including the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.
Contacts:
Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391
Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 724 171