PALVELLA THERAPEUTICS INC NE

Ticker: PVLA CUSIP: 697947109 Class: Common Stock

BVF INC/IL's Holding History (CIK: 0001056807)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 879,009 Value ($000) $92,006 Avg Close $85.31 Range $60.49 - $114.69

Q3 2025

Shares 1,161,249 Value ($000) $72,799 Avg Close $44.59 Range $21.55 - $65.57

Q2 2025

Shares 696,555 Value ($000) $15,700 Avg Close $23.47 Range $18.23 - $28.71

Q1 2025

Shares 696,555 Value ($000) $19,497 Avg Close $19.27 Range $11.28 - $29.27

Q4 2024

Shares 696,555 Value ($000) $8,359 Avg Close $15.71 Range $11.17 - $17.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	879,009	$92,006	$85.31	$60.49 - $114.69
Q3 2025	1,161,249	$72,799	$44.59	$21.55 - $65.57
Q2 2025	696,555	$15,700	$23.47	$18.23 - $28.71
Q1 2025	696,555	$19,497	$19.27	$11.28 - $29.27
Q4 2024	696,555	$8,359	$15.71	$11.17 - $17.70