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Nordic American Tankers Founder Herbjorn Hansson Buys 100,000 Shares, Family Becomes Largest Private Shareholder Group

Hansson family increases shareholding in Nordic American Tankers to 11.7 million shares amidst strong market conditions.

Quiver AI Summary

On July 10, 2026, Herbjorn Hansson, Founder, Chairman, and CEO of Nordic American Tankers Ltd, announced that he has purchased 100,000 shares of the company at a price of $6.03 per share, increasing his total ownership to 5,700,000 shares. Following this transaction, the Hansson family collectively holds 11,700,000 shares, maintaining their status as the largest private shareholder group in Nordic American Tankers. Hansson expressed confidence in the strong market for the company's vessels and directed shareholders to the company’s website for more information.

Potential Positives

  • Herbjorn Hansson's purchase of 100,000 shares reinforces his confidence in the company's future prospects, signaling to investors a strong belief in NAT's growth potential.
  • The Hansson family's cumulative holdings of 11,700,000 shares demonstrate significant insider ownership, which can be viewed as a positive indicator of commitment to the company.
  • The announcement highlights that the Hansson family remains the largest private shareholder group in NAT, suggesting a stable and potentially influential governance structure.
  • The mention of an "excellent market for our vessels" indicates favorable market conditions, which could lead to improved financial performance for the company.

Potential Negatives

  • While the purchase of shares might suggest confidence in the company's prospects, it could also raise concerns about the need for insider buying to bolster investor sentiment amidst potential instability or lack of positive news.
  • The press release provides minimal information about the company's current performance or future outlook, leaving shareholders without critical insights into the operational status or strategic direction.
  • The focus on share ownership by the Hansson family might imply a concentration of control that could dampen investor confidence in the company's governance and decision-making processes.

FAQ

What recent share purchase did the CEO announce?

The CEO announced the purchase of 100,000 shares at $6.03 each, increasing his holdings to 5,700,000 shares.

Who owns the largest shareholding in Nordic American Tankers?

The Hansson family is the largest private shareholder group, owning a total of 11,700,000 shares in NAT.

How is the market performing for Nordic American Tankers?

The CEO mentioned that there is an excellent market for their vessels.

Where can I find more information about Nordic American Tankers?

Additional information can be found on their official website at www.nat.bm.

Who can be contacted for investor relations at Nordic American Tankers?

Bjørn Giæver, CFO, and Alexander Kihle, Finance Manager, can be contacted for investor relations inquiries.

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.


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$NAT Hedge Fund Activity

We have seen 125 institutional investors add shares of $NAT stock to their portfolio, and 74 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
  • 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
  • UBS GROUP AG removed 1,105,846 shares (-57.3%) from their portfolio in Q1 2026, for an estimated $6,563,196
  • MILLENNIUM MANAGEMENT LLC removed 1,089,475 shares (-46.3%) from their portfolio in Q1 2026, for an estimated $6,466,034
  • MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 977,535 shares (-17.6%) from their portfolio in Q1 2026, for an estimated $5,801,670

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, July 10, 2026


Dear Shareholders and Investors,

I am pleased to inform you that I have today bought 100,000 shares at $6.03 per share, bringing my holdings in NAT to 5,700,000 shares.

Following these transactions, the Hansson family owns 11,700,000 shares in NAT.

As in the past, the Hansson family is the largest private shareholder group in the company.

We have an excellent market for our vessels.

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



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