Alexander Hansson purchased 300,000 NAT shares, increasing family ownership to 11,355,000 shares, 5.4% total outstanding.
Quiver AI Summary
On May 29, 2026, Nordic American Tankers (NAT) announced that Alexander Hansson, the company's Vice-Chairman, purchased 300,000 shares at a price of $5.16 each, increasing his total holdings to 5,855,000 shares. Following this transaction, the Hansson family now owns a total of 11,355,000 shares, representing 5.4% of NAT's outstanding shares, solidifying their status as the largest private shareholder group in the company. The announcement also highlighted positive prospects for the company. For more information, shareholders are directed to the company's website.
Potential Positives
- Alexander Hansson's purchase of 300,000 shares signifies strong insider confidence, as he increases his stake in the company to 5,855,000 shares.
- The Hansson family's ownership of 11,355,000 shares represents 5.4% of the total outstanding shares, reinforcing their position as the largest private shareholder group in NAT.
- The announcement indicates positive prospects for Nordic American Tankers, suggesting potential growth and stability for shareholders.
Potential Negatives
- While the announcement of a significant share purchase might indicate insider confidence, it also highlights a lack of new, transformative initiatives or developments within the company, which may raise concerns about stagnation.
FAQ
Who is Alexander Hansson and what shares did he purchase?
Alexander Hansson, Vice-Chairman of NAT, purchased 300,000 shares at $5.16 each.
What percentage of NAT's total shares does the Hansson family own?
The Hansson family collectively owns 5.4% of the total outstanding shares in NAT.
How many shares does Alexander Hansson now hold?
After his recent purchase, Alexander Hansson holds a total of 5,855,000 shares.
Is the Hansson family the largest shareholder in Nordic American Tankers?
Yes, the Hansson family remains the largest private shareholder group in Nordic American Tankers.
Where can I find more information about Nordic American Tankers?
For more information, visit the company's website at www.nat.bm.
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 134 institutional investors add shares of $NAT stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NUVEEN, LLC added 4,530,996 shares (+1002.6%) to their portfolio in Q1 2026, for an estimated $26,891,461
- CENTERBOOK PARTNERS LP removed 3,700,409 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,961,927
- CASTLEKNIGHT MANAGEMENT LP added 1,878,673 shares (+55.6%) to their portfolio in Q4 2025, for an estimated $6,462,635
- AMERICAN CENTURY COMPANIES INC removed 1,816,564 shares (-31.0%) from their portfolio in Q1 2026, for an estimated $10,781,307
- AMERIPRISE FINANCIAL INC added 1,704,688 shares (+26.0%) to their portfolio in Q1 2026, for an estimated $10,117,323
- TWO SIGMA ADVISERS, LP removed 1,460,900 shares (-85.2%) from their portfolio in Q4 2025, for an estimated $5,025,496
- UBS GROUP AG removed 1,105,846 shares (-57.3%) from their portfolio in Q1 2026, for an estimated $6,563,196
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
Friday, May 29, 2026
Dear Shareholders and Investors,
We are pleased to advice that Alexander Hansson, Vice-Chairman of NAT has bought 300,000 shares at $5.16 per share, bringing his holdings to 5,855,000 shares.
Following this transaction, the Hansson family collectively owns 11,355,000 shares and has 5.4% of the total outstanding shares in NAT.
As in the past, the Hansson family is the largest private shareholder group in the company.
Propsects for our group are very good.
For further information on Nordic American Tankers, please see www.nat.bm
Sincerely,
Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Ltd
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
