Who owns shares in ASX tech company Novonix right now?

Who are the biggest Novonix bag holders?

| More on:
Happy office colleagues posing for a photo.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points

  • Novonix is riding a wave of positive developments in the lithium industry
  • This has led some investors to wonder about the identities behind its largest shareholders
  • Company directors who own shares have skin in the game and could be incentivised to make better business decisions

Novonix Ltd (ASX: NVX) has been in the spotlight recently, its share price buoyed by the rapid positive developments in the lithium exploration industry. This has led some people to ask, who owns shares in Novonix on personal and institutional levels.

The good news is that this question is easily answered as it's accessible to the general public.

So let's break down who owns a stake in Novonix.

Novonix bag holders

The Fool's company page for the battery metals company lists its three main institutional shareholders as the following:

Company Shares owned% of total capital
St Baker Energy Holdings Pty Ltd62,843,52215.53
Citicorp Nominees Pty Limited32,619,4248.06
Allegro Capital Nominees Pty Ltd24,336,3376.01

On a personal level, Market Index lists the following director interests of Novonix shares:

DirectorDirect sharesIndirect sharesOptions
Andrew Liveris5,066,0004,132,7949,000,000
Robert Cooper652,61216,028,818200,000
Anthony (Tony) Bellas66,0002,346,3740
Robert Natter631,0341,500,0001,500,000

It should be noted there have not been any on-market director share purchases over the past two years.

Novonix share price snapshot

The Novonix share price is down 0.22% at the time of writing, after spending most of the morning in the green.

Novonix shares are down around 74% year to date. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is down 6.4% over the same period. The company's market capitalisation is $1.12 billion.

Motley Fool contributor Matthew Farley has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Technology Shares

Cheerful businessman with a mining hat on the table sitting back with his arms behind his head while looking at his laptop's screen.
Technology Shares

What's the latest update on takeover target RPM Global?

An extraordinary 99.88% of votes cast were in favour of the takeover.

Read more »

A woman jumps for joy with a rocket drawn on the wall behind her.
Technology Shares

Why is this ASX tech stock jumping 14% on Friday?

This tech stock is ending the week in style.

Read more »

Man ponders a receipt as he looks at his laptop.
Technology Shares

Why experts think the Xero share price could rise 70% in 2026!

This business is one of the most impressive businesses on the ASX.

Read more »

A male ASX investor sits cross-legged with a laptop computer in his lap with a slightly crazed, happy, excited look on his face while next to him a graphic of a rocket shoots upwards with graphics of stars scattered around it
Technology Shares

Rocketboots rockets 80% on blockbuster global deal. Is this ASX small cap just getting started?

Rocketboots shares have jumped 80% after landing a major global contract that could transform its growth outlook.

Read more »

Military engineer works on drone
Technology Shares

2026 will be the 'Year of the Drone': Buy DroneShield shares

Bell Potter believes that this growing company could have a very big year.

Read more »

A woman in a red dress holding up a red graph.
Technology Shares

Shares in this small-cap education company have hit a fresh 12-month high on a lucrative contract win

A lucrative contract with the New Zealand Government has sent this company's shares sharply higher.

Read more »

Two IT professionals walk along a wall of mainframes in a data centre discussing various things
Technology Shares

This ASX 200 share is being labelled one of the market's most undervalued by brokers

NextDC shares have pulled back sharply, but brokers believe the long-term growth story remains firmly on track.

Read more »

A silhouette of a soldier flying a drone at sunset.
Technology Shares

This 10-bagger drone technology company has just won a lucrative new defence contract

This drone technology company's shares are up more than 10x for the year and are trading higher on a new…

Read more »