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Annexon, Inc. (ANNX)

USD5.70 +0.15 (+2.61%)
US NASDAQ Healthcare Biotechnology
Address 1400 Sierra Point Parkway 94005
Brisbane, CA, US
CEO Douglas E. Love
IPO 2020-07-24
CIK 1528115 ISIN US03589W1027

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Description

Annexon, Inc. is a biopharmaceutical company currently engaged in clinical trials, dedicated to the discovery and advancement of therapies for a variety of autoimmune, neurodegenerative, and ophthalmic conditions. Central to its approach is the C1q molecule, which initiates the classical complement pathway. The company targets this pathway to address specific disease mechanisms, such as those seen in antibody-mediated autoimmune disorders and complement-driven neurodegeneration. The company's developmental pipeline features several promising candidates. ANX005, a monoclonal antibody, is in advanced clinical testing, undergoing Phase II/III trials for Guillain-Barré syndrome, as well as Phase II trials for warm autoimmune hemolytic anemia, Huntington's disease, and amyotrophic lateral sclerosis. Another candidate, ANX009, is currently in Phase Ib studies for lupus nephritis. Additionally, ANX007 is progressing through Phase II clinical trials for the treatment of geographic atrophy, an eye disease. Further investigational assets include ANX105, a monoclonal antibody being developed for neurodegenerative indications, and ANX1502, an oral small molecule under investigation for specific autoimmune conditions. Annexon, Inc. was established in 2011 and operates from its headquarters in Brisbane, California.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD5.70 +0.15 (+2.61%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
1.17
Float Shares
128.16M
Free Float %
107.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.23% -4.23% -7.01% +4.82% +91.55% +8.37% +207.34% -0.37% -72.20% -69.37% -69.37%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (10 ratings, all time) Buy
Price Targets & DCF
Current price
5.70
Low 7.00 +22.9%
Consensus 11.50 +101.9%
Median 11.50 +101.9%
High 16.00 +180.9%
DCF (Unlevered) 0.79 -86.2%
DCF (Levered) 0.88 -84.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 7 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 1
16.00
+180.9%
All Time 4
13.00
+128.3%
Quality scores
Altman Z-Score
0.19
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
  • EPS growth Biotechnology: +29.7%
    -32.7% Q1'26: +37.8% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
  • EBIT margin Biotechnology: +0.0%
  • ROIC Biotechnology: -16.1%
    Q1'26: -3,727.5% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +12.9% Q1'26: +31.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.12× Q1'26: -0.14× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.22) × ERP
WACC = 97% × Ke + 3% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.79 Current price: 5.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
5 EPS Ana.
Dec 2027
7 Rev. Ana.
6 EPS Ana.
Dec 2028
5 Rev. Ana.
5 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
est: 10.85M (-100.0%)
2.36M
432.7K – 5.99M
-78.2% YoY
44.07M
8.89M – 104.69M
+1,765.4% YoY
346.94M
339.35M – 354.54M
+687.3% YoY
651.66M
119.35M – 1.65B
+87.8% YoY
1.06B
194.28M – 2.69B
+62.8% YoY
EBITDA
-134.75M
-213.76M
— – —
— – —
— – —
— – —
— – —
EBIT
-138.20M
-216.41M
— – —
— – —
— – —
— – —
— – —
Net Income
-138.20M
est: -131.90M (-4.8%)
-206.69M
est: -208.55M (+0.9%)
-153.06M
-164.53M – -141.60M
+26.6% YoY
-100.61M
-141.16M – -60.07M
+34.3% YoY
90.00M
-120.03M – 279.35M
+189.5% YoY
205.60M
-12.73M – 616.12M
+128.4% YoY
418.58M
-25.91M – 1.25B
+103.6% YoY
SGA
34.63M
31.71M
— – —
— – —
— – —
— – —
— – —
EPS
-1.01
est: -0.95 (-5.8%)
-1.34
est: -1.38 (+2.8%)
-0.98
-1.06 – -0.91
+28.7% YoY
-0.78
-0.91 – -0.39
+20.2% YoY
0.29
-0.77 – 1.80
+137.3% YoY
1.33
-0.08 – 3.97
+352.9% YoY
2.70
-0.17 – 8.09
+103.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-08 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-07 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-06 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-05 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-04 C 2/5 3/5 1/5 1/5 3/5 1/5 2/5
2026-05-01 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-30 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-29 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-28 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-27 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-24 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-23 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-22 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-21 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-20 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-17 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5
2026-04-16 C 2/5 3/5 1/5 1/5 2/5 1/5 2/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
48
Total invested
58.62M
Insider transactions (90d)
0
Beneficial owners (>5%)
34
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Abigail P. Johnson 9.69M 12.37% 9.69M IN Delaware 2024-01-10
2 FMR LLC 9.69M 12.37% 9.68M 9.69M HC Delaware 2024-01-10
3 (1) BlackRock, Inc. 7.65M 7.20% 7.52M 7.65M HC Delaware 2024-11-08
4 Muneer A. Satter 5.03M 10.40% 5.03M 5.03M IN 2022-07-18
5 Jeremy C. Green 4.89M 9.90% 4.89M 4.89M HC, IN United Kingdom 2022-07-18
6 Redmile Group, LLC 4.89M 9.90% 4.89M 4.89M IA, OO Delaware 2022-07-18
7 2 4.87M 6.20% 4.87M IN 2024-02-12
8 BB Biotech AG 4.68M 5.20% 4.68M 4.68M HC, CO Switzerland 2024-04-22
9 Biotech Growth N.V. 4.68M 5.20% 4.68M 4.68M CO Switzerland 2024-04-22
10 Adage Capital Advisors, L.L.C. 4.18M 8.68% 4.18M OO Delaware 2022-07-18
11 Adage Capital Partners GP, L.L.C. 4.18M 8.68% 4.18M OO Delaware 2022-07-18
12 Adage Capital Partners, L.P. 4.18M 8.68% 4.18M PN Delaware 2022-07-18
13 Phillip Gross 4.18M 8.68% 4.18M IN United States 2022-07-18
14 Robert Atchinson 4.18M 8.68% 4.18M IN United States 2022-07-18
15 Redmile Biopharma Investments II, L.P. 3.30M 6.70% 3.30M 3.30M PN Delaware 2022-07-18
16 Arsani William 2.90M 11.00% 2.90M 2.90M HC, IN Delaware 2024-11-14
17 Logos GP LLC 2.90M 11.00% 2.90M 2.90M OO Delaware 2024-11-14
18 Logos Global Management GP LLC 2.90M 11.00% 2.90M 2.90M HC, OO Delaware 2024-11-14
19 Logos Global Management LP 2.90M 11.00% 2.90M 2.90M IA, PN Delaware 2024-11-14
20 Logos Global Master Fund LP 2.90M 11.00% 2.90M 2.90M PN Delaware 2024-11-14
21 Koh, Bong 1.93M 5.00% 1.93M IN United States 2022-06-23
22 Shah, Nimish 1.93M 5.00% 1.93M 1.93M IN United States 2022-06-23
23 VHCP Co-Investment Holdings II, LLC 1.93M 5.00% 1.93M OO Delaware 2022-06-23
24 VHCP Co-Investment Holdings III, LLC 1.93M 5.00% 1.93M OO Delaware 2022-06-23
25 VHCP Management EG, LLC 1.93M 5.00% 1.93M 1.93M OO Delaware 2022-06-23
26 VHCP Management II, LLC 1.93M 5.00% 1.93M 1.93M OO Delaware 2022-06-23
27 VHCP Management III, LLC 1.93M 5.00% 1.93M 1.93M OO Delaware 2022-06-23
28 Venrock Healthcare Capital Partners EG, L.P. 1.93M 5.00% 1.93M 1.93M PN Delaware 2022-06-23
29 Venrock Healthcare Capital Partners II, L.P. 1.93M 5.00% 1.93M PN Delaware 2022-06-23
30 Venrock Healthcare Capital Partners III, L.P. 1.93M 5.00% 1.93M PN Delaware 2022-06-23
31 BVF II GP LLC 1.33M 3.50% 1.33M OO Delaware 2022-05-26
32 Biotechnology Value Fund II, L.P. 1.33M 3.50% 1.33M PN Delaware 2022-05-26
33 The reporting person disclaim beneficial ownership of the shares reported, which are owned of record 1.23M 2.59% 1.23M 1.23M Switzerland 2023-02-03
34 2. 10.00 4.90% 2.33M HC, OO Delaware 2023-02-27

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
48
-127 vs prev Q
New positions
18
Closed positions
137
Increased
35
Reduced
5
Put/Call ratio
0.00
Calls held
50.0K
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 750.0K +750.0K (+100.0%) 3.77B +3.8B (+100.0%) 0.50% +0.503 pp 4.31% +4.305 pp USD5.02 +0.0% 1 qtrs NEW
2 FMR LLC 10.22M -858.7K (-7.7%) 51.32M +17.5M (+51.8%) 6.86% -0.616 pp 0.00% +0.001 pp USD4.42 +13.6% 22 qtrs
3 REDMILE GROUP, LLC 10.05M +3.8M (+59.5%) 50.45M +31.2M (+162.6%) 6.74% +2.492 pp 3.72% +1.846 pp USD12.76 -60.7% 22 qtrs
4 BVF INC/IL 9.13M +2.1M (+30.4%) 45.82M +24.5M (+114.6%) 6.12% +1.402 pp 1.54% +0.677 pp USD4.65 +8.0% 9 qtrs
5 BLACKROCK, INC. 8.96M +1.1M (+13.4%) 44.98M +20.9M (+86.7%) 6.01% +0.683 pp 0.00% +0.000 pp USD5.73 -12.4% 6 qtrs
6 VANGUARD GROUP INC 7.75M +1.9M (+32.9%) 38.92M +21.1M (+118.7%) 5.20% +1.265 pp 0.00% +0.000 pp USD8.21 -38.9% 22 qtrs
7 ADAGE CAPITAL PARTNERS GP, L.L.C. 5.50M +4.0M (+266.7%) 27.61M +23.0M (+503.5%) 3.69% +2.677 pp 0.04% +0.035 pp USD4.48 +12.1% 2 qtrs
8 BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC 5.25M +— (+0.0%) 26.35M +10.3M (+64.6%) 3.52% -0.019 pp 2.02% +0.956 pp USD14.33 -65.0% 22 qtrs
9 BELLEVUE GROUP AG 5.16M +— (+0.0%) 25.89M +10.2M (+64.6%) 3.46% -0.019 pp 0.49% +0.164 pp USD5.72 -12.2% 8 qtrs
10 STATE STREET CORP 4.65M +2.6M (+126.9%) 23.35M +17.1M (+273.5%) 3.12% +1.737 pp 0.00% +0.001 pp USD5.23 -4.0% 22 qtrs
11 AMERIPRISE FINANCIAL INC 4.35M +2.2M (+98.4%) 21.83M +15.1M (+226.5%) 2.92% +1.438 pp 0.00% +0.003 pp USD3.86 +30.1% 6 qtrs
12 WOODLINE PARTNERS LP 4.00M +1.4M (+51.6%) 20.08M +12.0M (+149.5%) 2.68% +0.904 pp 0.08% +0.040 pp USD4.06 +23.6% 15 qtrs
13 BALYASNY ASSET MANAGEMENT L.P. 3.30M +2.0M (+154.3%) 16.56M +12.6M (+318.6%) 2.21% +1.338 pp 0.02% +0.016 pp USD4.25 +18.1% 4 qtrs
14 LONGAEVA PARTNERS L.P. 3.10M +3.1M (+100.0%) 15.56M +15.6M (+100.0%) 2.08% +2.079 pp 1.31% +1.305 pp USD5.02 +0.0% 1 qtrs NEW
15 MAK CAPITAL ONE LLC 2.96M +3.0M (+100.0%) 14.85M +14.9M (+100.0%) 1.98% +1.984 pp 1.63% +1.634 pp USD5.02 +0.0% 1 qtrs NEW
16 NUVEEN, LLC 2.92M +2.2M (+327.1%) 14.63M +12.6M (+603.0%) 1.96% +1.495 pp 0.00% +0.003 pp USD4.46 +12.6% 4 qtrs
17 GEODE CAPITAL MANAGEMENT, LLC 2.90M +466.0K (+19.1%) 14.58M +7.1M (+96.1%) 1.95% +0.304 pp 0.00% +0.000 pp USD6.62 -24.2% 22 qtrs
18 MORGAN STANLEY 2.86M -173.7K (-5.7%) 14.34M +5.1M (+55.2%) 1.92% -0.128 pp 0.00% +0.000 pp USD3.68 +36.4% 22 qtrs
19 MILLENNIUM MANAGEMENT LLC 2.84M +14.0K (+0.5%) 14.24M +5.6M (+65.4%) 1.90% -0.001 pp 0.01% +0.002 pp USD2.64 +90.2% 18 qtrs
20 OPALEYE MANAGEMENT INC. 2.60M +— (+0.0%) 13.05M +5.1M (+64.6%) 1.74% -0.009 pp 1.72% +0.601 pp USD3.05 +64.6% 2 qtrs
21 PALO ALTO INVESTORS LP 2.38M +2.4M (+100.0%) 11.97M +12.0M (+100.0%) 1.60% +1.599 pp 1.67% +1.666 pp USD5.02 +0.0% 1 qtrs NEW
22 QUBE RESEARCH & TECHNOLOGIES LTD 2.38M +1.8M (+315.9%) 11.96M +10.2M (+584.5%) 1.60% +1.211 pp 0.01% +0.010 pp USD4.70 +6.8% 8 qtrs
23 TFG ASSET MANAGEMENT GP LTD 2.03M -80.0K (-3.8%) 10.20M +3.8M (+58.4%) 1.36% -0.061 pp 2.15% +1.290 pp USD3.53 +42.2% 7 qtrs
24 GOLDMAN SACHS GROUP INC 1.77M -637.7K (-26.5%) 8.88M +1.5M (+21.0%) 1.19% -0.436 pp 0.00% +0.000 pp USD3.74 +34.2% 21 qtrs
25 BANK OF AMERICA CORP /DE/ 1.61M +311.3K (+24.1%) 8.06M +4.1M (+104.2%) 1.08% +0.204 pp 0.00% +0.000 pp USD2.70 +85.9% 22 qtrs
26 SPHERA FUNDS MANAGEMENT LTD. 1.32M -478.2K (-26.6%) 6.61M +1.1M (+20.7%) 0.88% -0.327 pp 1.28% +0.123 pp USD4.17 +20.4% 5 qtrs
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.06M +266.8K (+33.8%) 5.31M +2.9M (+120.2%) 0.71% +0.176 pp 0.00% +0.000 pp USD5.63 -10.8% 22 qtrs
28 D. E. SHAW & CO., INC. 1.05M +1.0M (+100.0%) 5.25M +5.3M (+100.0%) 0.70% +0.702 pp 0.00% +0.003 pp USD5.02 +0.0% 1 qtrs NEW
29 J. GOLDMAN & CO LP 993.8K -113.2K (-10.2%) 4.99M +1.6M (+47.8%) 0.67% -0.080 pp 0.13% +0.047 pp USD3.05 +64.6% 2 qtrs
30 INVESCO LTD. 972.4K +770.5K (+381.5%) 4.88M +4.3M (+692.6%) 0.65% +0.516 pp 0.00% +0.001 pp USD4.60 +9.1% 19 qtrs
31 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 903.4K -76.8K (-7.8%) 4.54M +1.5M (+51.7%) 0.61% -0.055 pp 0.00% +0.001 pp USD20.14 -75.1% 22 qtrs
32 ACADIAN ASSET MANAGEMENT LLC 861.2K +328.9K (+61.8%) 4.32M +2.7M (+166.6%) 0.58% +0.219 pp 0.01% +0.004 pp USD3.72 +34.9% 16 qtrs
33 RENAISSANCE TECHNOLOGIES LLC 802.6K +49.0K (+6.5%) 4.03M +1.7M (+75.3%) 0.54% +0.030 pp 0.01% +0.003 pp USD3.18 +57.9% 17 qtrs
34 NORTHERN TRUST CORP 792.0K +4.3K (+0.5%) 3.98M +1.6M (+65.5%) 0.53% +0.000 pp 0.00% +0.000 pp USD6.14 -18.2% 22 qtrs
35 AQR CAPITAL MANAGEMENT LLC 776.3K +202.2K (+35.2%) 3.90M +2.1M (+122.6%) 0.52% +0.134 pp 0.00% +0.001 pp USD3.38 +48.5% 8 qtrs
36 DIMENSIONAL FUND ADVISORS LP 718.7K -48.3K (-6.3%) 3.61M +1.3M (+54.2%) 0.48% -0.035 pp 0.00% +0.000 pp USD5.69 -11.8% 17 qtrs
37 SIRIOS CAPITAL MANAGEMENT L P 710.3K -259.9K (-26.8%) 3.57M +606.4K (+20.5%) 0.48% -0.178 pp 0.44% +0.059 pp USD2.03 +147.3% 4 qtrs
38 JACOBS LEVY EQUITY MANAGEMENT, INC 683.9K +661.3K (+2,927.5%) 3.43M +3.4M (+4,883.0%) 0.46% +0.443 pp 0.01% +0.013 pp USD4.95 +1.4% 2 qtrs
39 RUSSELL INVESTMENTS GROUP, LTD. 683.0K +664.8K (+3,648.7%) 3.43M +3.4M (+6,070.1%) 0.46% +0.446 pp 0.00% +0.004 pp USD4.97 +1.0% 2 qtrs
40 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 642.0K -424.9K (-39.8%) 3.22M -31.1K (-1.0%) 0.43% -0.289 pp 0.03% 0.000 pp USD4.97 +1.0% 7 qtrs
41 KENNEDY CAPITAL MANAGEMENT LLC 639.9K -558.0 (-0.1%) 3.21M +1.3M (+64.4%) 0.43% -0.003 pp 0.07% +0.025 pp USD4.04 +24.3% 10 qtrs
42 PARKMAN HEALTHCARE PARTNERS LLC 601.2K +195.2K (+48.1%) 3.02M +1.8M (+143.8%) 0.40% +0.130 pp 0.29% +0.158 pp USD5.56 -9.7% 8 qtrs
43 DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) 583.9K +— (+0.0%) 2.93M +1.2M (+64.6%) 0.39% -0.002 pp 0.04% +0.010 pp USD30.23 -83.4% 22 qtrs
44 WELLS FARGO & COMPANY/MN 573.7K +164.3K (+40.1%) 2.88M +1.6M (+130.6%) 0.38% +0.109 pp 0.00% +0.000 pp USD4.29 +17.0% 22 qtrs
45 DEUTSCHE BANK AG\ 560.7K -943.6K (-62.7%) 2.81M -1.8M (-38.6%) 0.38% -0.638 pp 0.00% -0.001 pp USD3.69 +36.0% 22 qtrs
46 HENNION & WALSH ASSET MANAGEMENT, INC. 535.0K +59.1K (+12.4%) 2.69M +1.2M (+85.0%) 0.36% +0.038 pp 0.09% +0.040 pp USD4.87 +3.1% 7 qtrs
47 SCHONFELD STRATEGIC ADVISORS LLC 522.8K +310.6K (+146.4%) 2.62M +2.0M (+305.5%) 0.35% +0.208 pp 0.01% +0.008 pp USD4.20 +19.5% 16 qtrs
48 MARSHALL WACE, LLP 521.0K +521.0K (+100.0%) 2.62M +2.6M (+100.0%) 0.35% +0.349 pp 0.00% +0.002 pp USD5.02 +0.0% 8 qtrs
49 JANE STREET GROUP, LLC 513.8K +294.3K (+134.1%) 2.58M +1.9M (+285.3%) 0.34% +0.197 pp 0.00% +0.000 pp USD4.61 +8.9% 13 qtrs
50 BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 482.6K +— (+0.0%) 2.42M +950.6K (+64.6%) 0.32% -0.002 pp 0.49% +0.315 pp USD29.57 -83.0% 22 qtrs
51 PRICE T ROWE ASSOCIATES INC /MD/ 445.1K -39.7K (-8.2%) 2.24M +756.0K (+51.1%) 0.30% -0.028 pp 0.00% +0.000 pp USD6.52 -23.0% 9 qtrs
52 SUMMITTX CAPITAL, L.P. 438.5K +196.5K (+81.2%) 2.20M +1.5M (+198.2%) 0.29% +0.131 pp 0.07% +0.036 pp USD3.93 +27.7% 2 qtrs
53 WELLINGTON MANAGEMENT GROUP LLP 398.1K +398.1K (+100.0%) 2.00M +2.0M (+100.0%) 0.27% +0.267 pp 0.00% +0.000 pp USD5.02 +0.0% 1 qtrs NEW
54 UBS GROUP AG 377.1K +31.0K (+8.9%) 1.89M +837.3K (+79.3%) 0.25% +0.020 pp 0.00% +0.000 pp USD4.85 +3.5% 17 qtrs
55 POINT72 ASSET MANAGEMENT, L.P. 371.2K +281.1K (+312.2%) 1.86M +1.6M (+578.5%) 0.25% +0.188 pp 0.00% +0.002 pp USD4.54 +10.6% 8 qtrs
56 BANK OF NEW YORK MELLON CORP 361.7K +53.5K (+17.4%) 1.82M +875.6K (+93.2%) 0.24% +0.035 pp 0.00% +0.000 pp USD4.26 +17.8% 22 qtrs
57 CINCTIVE CAPITAL MANAGEMENT LP 359.0K +293.5K (+448.4%) 1.80M +1.6M (+802.5%) 0.24% +0.197 pp 0.10% +0.088 pp USD5.08 -1.2% 8 qtrs
58 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 356.6K +2.9K (+0.8%) 1.79M +711.3K (+65.9%) 0.24% +0.001 pp 0.03% +0.011 pp USD2.69 +86.6% 3 qtrs
59 DIADEMA PARTNERS LP 350.0K +350.0K (+100.0%) 1.76M +1.8M (+100.0%) 0.23% +0.235 pp 0.30% +0.303 pp USD5.02 +0.0% 1 qtrs NEW
60 TWO SIGMA INVESTMENTS, LP 332.0K +52.9K (+19.0%) 1.67M +815.5K (+95.8%) 0.22% +0.035 pp 0.00% +0.001 pp USD2.97 +69.0% 12 qtrs
61 BARCLAYS PLC 290.0K +112.2K (+63.1%) 1.46M +403.2K (+38.3%) 0.19% +0.075 pp 0.00% +0.000 pp USD5.13 -2.1% 16 qtrs
62 DAFNA CAPITAL MANAGEMENT LLC 272.8K +272.8K (+100.0%) 1.37M +1.4M (+100.0%) 0.18% +0.183 pp 0.32% +0.318 pp USD5.02 +0.0% 1 qtrs NEW
63 AMERICAN CENTURY COMPANIES INC 251.2K +14.4K (+6.1%) 1.26M +538.8K (+74.6%) 0.17% +0.009 pp 0.00% +0.000 pp USD4.68 +7.3% 12 qtrs
64 XTX TOPCO LTD 243.3K +95.5K (+64.6%) 1.22M +770.5K (+170.9%) 0.16% +0.064 pp 0.03% +0.009 pp USD3.82 +31.4% 5 qtrs
65 IKARIAN CAPITAL, LLC 230.2K +230.2K (+100.0%) 1.16M +1.2M (+100.0%) 0.15% +0.154 pp 0.09% +0.090 pp USD5.02 +0.0% 1 qtrs NEW
66 IEQ CAPITAL, LLC 183.0K +32.7K (+21.7%) 918.6K +460.1K (+100.3%) 0.12% +0.021 pp 0.00% +0.001 pp USD2.71 +85.2% 4 qtrs
67 ADVISOR GROUP HOLDINGS, INC. 147.4K +— (+0.0%) 739.8K +281.1K (+61.3%) 0.10% -0.001 pp 0.00% +0.000 pp USD2.70 +85.9% 19 qtrs
68 RAFFERTY ASSET MANAGEMENT, LLC 141.6K +141.6K (+100.0%) 711.1K +711.1K (+100.0%) 0.10% +0.095 pp 0.00% +0.003 pp USD5.02 +0.0% 1 qtrs NEW
69 ALLIANCEBERNSTEIN L.P. 140.7K +— (+0.0%) 706.5K +277.3K (+64.6%) 0.09% -0.001 pp 0.00% +0.000 pp USD4.16 +20.7% 11 qtrs
70 BRIDGEWAY CAPITAL MANAGEMENT, LLC 137.8K +— (+0.0%) 691.8K +271.5K (+64.6%) 0.09% -0.001 pp 0.01% +0.006 pp USD2.59 +93.8% 3 qtrs
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 130.1K -2.6K (-1.9%) 655.1K +250.4K (+61.9%) 0.09% -0.002 pp 0.00% +0.000 pp USD5.60 -10.4% 11 qtrs
72 RHUMBLINE ADVISERS 126.5K -6.1K (-4.6%) 634.8K +230.4K (+57.0%) 0.08% -0.005 pp 0.00% +0.000 pp USD4.67 +7.5% 11 qtrs
73 BREVAN HOWARD CAPITAL MANAGEMENT LP 123.8K +29.2K (+30.9%) 621.2K +332.9K (+115.4%) 0.08% +0.019 pp 0.01% +0.006 pp USD3.03 +65.7% 4 qtrs
74 JUMP FINANCIAL, LLC 122.9K +122.9K (+100.0%) 616.7K +616.7K (+100.0%) 0.08% +0.082 pp 0.01% +0.008 pp USD5.02 +0.0% 1 qtrs NEW
75 CAPTION MANAGEMENT, LLC 119.5K +119.5K (+100.0%) 599.8K +599.8K (+100.0%) 0.08% +0.080 pp 0.00% +0.004 pp USD5.02 +0.0% 1 qtrs NEW
76 DNB ASSET MANAGEMENT AS 118.3K +33.8K (+40.0%) 594.0K +336.2K (+130.4%) 0.08% +0.022 pp 0.00% +0.001 pp USD4.37 +14.9% 8 qtrs
77 J. SAFRA SARASIN HOLDING AG 117.8K -105.5K (-47.2%) 591.2K -89.6K (-13.2%) 0.08% -0.072 pp 0.01% -0.001 pp USD3.39 +48.1% 5 qtrs
78 PERSISTENT ASSET PARTNERS LTD 93.7K +93.7K (+100.0%) 470.2K +470.2K (+100.0%) 0.06% +0.063 pp 0.21% +0.211 pp USD5.02 +0.0% 1 qtrs NEW
79 QUARRY LP 75.0K -35.0K (-31.8%) 376.5K +41.0K (+12.2%) 0.05% -0.024 pp 0.06% -0.015 pp USD3.37 +49.0% 8 qtrs
80 CITADEL ADVISORS LLC 70.4K +9.2K (+15.0%) 353.4K +166.7K (+89.3%) 0.05% +0.006 pp 0.00% +0.000 pp USD3.31 +51.7% 15 qtrs
81 BOOTHBAY FUND MANAGEMENT, LLC 64.1K +64.1K (+100.0%) 321.6K +321.6K (+100.0%) 0.04% +0.043 pp 0.00% +0.005 pp USD5.02 +0.0% 1 qtrs NEW
82 BNP PARIBAS ARBITRAGE, SNC 61.6K +41.8K (+211.9%) 309.1K +248.9K (+413.4%) 0.04% +0.028 pp 0.00% +0.000 pp USD4.54 +10.6% 5 qtrs
83 SEI INVESTMENTS CO 58.3K +58.3K (+100.0%) 292.5K +292.5K (+100.0%) 0.04% +0.039 pp 0.00% +0.000 pp USD5.02 +0.0% 1 qtrs NEW
84 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 54.8K +9.8K (+21.8%) 275.1K +137.9K (+100.5%) 0.04% +0.006 pp 0.00% +0.000 pp USD5.33 -5.8% 7 qtrs
85 JPMORGAN CHASE & CO 53.7K +6.8K (+14.6%) 269.7K +126.7K (+88.6%) 0.04% +0.004 pp 0.00% +0.000 pp USD5.79 -13.3% 22 qtrs
86 VIRTUS INVESTMENT ADVISERS, INC. 53.5K +11.5K (+27.5%) 268.7K +140.6K (+109.8%) 0.04% +0.008 pp 0.07% +0.036 pp USD2.75 +82.5% 4 qtrs
87 WINTON GROUP LTD 53.4K +53.4K (+100.0%) 268.1K +268.1K (+100.0%) 0.04% +0.036 pp 0.01% +0.009 pp USD5.02 +0.0% 1 qtrs NEW
88 PROFUND ADVISORS LLC 53.0K +53.0K (+100.0%) 266.1K +266.1K (+100.0%) 0.04% +0.036 pp 0.01% +0.008 pp USD5.02 +0.0% 1 qtrs NEW
89 QUADRATURE CAPITAL LTD 48.6K +48.6K (+100.0%) 243.8K +243.8K (+100.0%) 0.03% +0.033 pp 0.00% +0.003 pp USD5.02 +0.0% 4 qtrs
90 ADAR1 CAPITAL MANAGEMENT, LLC 48.0K +48.0K (+100.0%) 241.0K +241.0K (+100.0%) 0.03% +0.032 pp 0.02% +0.018 pp USD5.02 +0.0% 1 qtrs NEW
91 TD ASSET MANAGEMENT INC 46.8K +— (+0.0%) 235.2K +92.3K (+64.6%) 0.03% 0.000 pp 0.00% +0.000 pp USD6.63 -24.3% 8 qtrs
92 SUSQUEHANNA INTERNATIONAL GROUP, LLP 44.8K +28.7K (+178.3%) 224.9K +175.8K (+358.0%) 0.03% +0.019 pp 0.00% +0.000 pp USD5.12 -2.0% 16 qtrs
93 ALLEGHENY FINANCIAL GROUP LTD 42.9K +— (+0.0%) 215.4K +84.5K (+64.6%) 0.03% 0.000 pp 0.03% +0.007 pp USD2.60 +93.1% 10 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 88 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Virtus Biotech Clinical Trials ETF BBC 0.76% 436.3K 0.65%
2 Global X - S&P Biotech ETF CURE.AX 0.34% 120.7K 0.45%
3 State Street SPDR S&P Biotech ETF XBI 0.33% 36.25M 0.35%
4 Fidelity Disruptive Medicine ETF FMED 0.29% 135.1K 0.50%
5 iShares Micro-Cap ETF IWC 0.20% 3.01M 0.60%
6 Vanguard U.S. Momentum Factor ETF VFMO 0.15% 2.55M 0.13%
7 Invesco Russell 2000 Dynamic Multifactor ETF OMFS 0.08% 217.5K 0.39%
8 Fidelity Enhanced Small Cap ETF FESM 0.07% 3.99M 0.28%
9 Pacer WealthShield ETF PWS 0.07% 16.8K 0.60%
10 Invesco NASDAQ Biotech UCITS ETF SBIO.L 0.07% 302.3K 0.40%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
1.20
Neutral
Ratio by volume
3.00
Bullish
Buys
12
Sells
10
Shares acquired
2.79M
Shares disposed
59.7K
Cash buys
1.00
Cash sales
10.00
Net activity
+2,729,553
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-10 Carson William H. Director P-Purchase A Common Stock 8,000 6.20 49.6K 70,405 D
2026-03-10 Carson William H. Director P-Purchase A Common Stock 8,000 5.67 45.4K 62,405 D
2026-03-02 Yednock Ted Officer S-Sale D Common Stock 5,566 5.42 30.2K 154,161 D
2026-03-02 Overdorf Michael Officer S-Sale D Common Stock 4,339 5.42 23.5K 182,625 D
2026-03-02 Lew Jennifer Officer S-Sale D Common Stock 5,565 5.42 30.2K 170,700 D
2026-03-02 Dananberg Jamie Officer S-Sale D Common Stock 5,820 5.43 31.6K 123,582 D
2026-03-02 ARTIS DEAN RICHARD Officer S-Sale D Common Stock 5,894 5.43 32.0K 180,093 D
2026-02-19 Yednock Ted Officer A-Award A Common Stock 62,500 0.00 159,727 D
2026-02-19 Overdorf Michael Officer A-Award A Common Stock 62,500 0.00 186,964 D
2026-02-19 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 1,250,000 5.10 6.38M 1,250,000 D
2026-02-19 Lew Jennifer Officer A-Award A Common Stock 62,500 0.00 176,265 D
2026-02-19 Dananberg Jamie Officer A-Award A Common Stock 56,250 0.00 129,402 D
2026-02-19 ARTIS DEAN RICHARD Officer A-Award A Stock Option (Right to Buy) 250,000 5.10 1.28M 250,000 D
2026-02-18 Yednock Ted Officer S-Sale D Common Stock 7,857 5.11 40.1K 97,227 D
2026-02-18 Overdorf Michael Officer S-Sale D Common Stock 6,225 5.10 31.7K 124,464 D
2026-02-18 Lew Jennifer Officer S-Sale D Common Stock 7,851 5.11 40.1K 113,765 D
2026-02-18 Dananberg Jamie Officer S-Sale D Common Stock 5,290 5.10 27.0K 73,152 D
2026-02-18 ARTIS DEAN RICHARD Officer S-Sale D Common Stock 5,290 5.10 27.0K 123,487 D
2025-12-30 Carson William H. Director P-Purchase A Common Stock 4,115 5.02 20.7K 54,405 D
2025-12-01 Choi Jung Director P-Purchase A Common Stock 33,000 4.19 138.3K 33,000 I
2025-12-01 Carson William H. Director P-Purchase A Common Stock 4,115 4.47 18.4K 50,290 D
2025-11-21 Satter Muneer A Director P-Purchase A Common Stock 422,613 4.28 1.81M 9,728,637 I
2025-11-20 Satter Muneer A Director P-Purchase A Common Stock 400,000 4.48 1.79M 9,306,024 I
2025-11-19 Satter Muneer A Director P-Purchase A Common Stock 500,000 3.94 1.97M 8,906,024 I
2025-11-18 Satter Muneer A Director P-Purchase A Common Stock 500,000 3.18 1.59M 8,406,024 I
2025-11-17 Satter Muneer A Director P-Purchase A Common Stock 500,000 2.99 1.50M 7,906,024 I
2025-10-30 Carson William H. Director P-Purchase A Common Stock 4,115 3.17 13.0K 46,175 D
2025-09-30 Carson William H. Director P-Purchase A Common Stock 4,115 3.05 12.6K 42,060 D
2025-09-02 Carson William H. Director P-Purchase A Common Stock 4,115 2.09 8.6K 37,945 D
2025-07-30 Carson William H. Director P-Purchase A Common Stock 4,115 2.43 10.0K 33,830 D
2025-07-14 Yednock Ted Officer S-Sale D Common Stock 1,116 2.58 2.9K 105,084 D
2025-07-14 Overdorf Michael Officer S-Sale D Common Stock 853 2.61 2.2K 130,689 D
2025-07-14 Lew Jennifer Officer S-Sale D Common Stock 1,117 2.58 2.9K 121,616 D
2025-06-30 Carson William H. Director P-Purchase A Common Stock 4,115 2.46 10.1K 29,715 D
2025-06-05 Waddill William D. Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 WIGGANS THOMAS G Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 Satter Muneer A Director / 10% Owner A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 JONES WILLIAM A JR Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 Cockroft Bettina M. Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 Choi Jung Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-06-05 Carson William H. Director A-Award A Stock Option (Right to Buy) 55,000 2.55 140.3K 55,000 D
2025-02-27 Yednock Ted Officer A-Award A Stock Option (Right to Buy) 272,575 2.50 681.4K 272,575 D
2025-02-27 Overdorf Michael Officer A-Award A Stock Option (Right to Buy) 272,575 2.50 681.4K 272,575 D
2025-02-27 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 1,300,000 2.50 3.25M 1,300,000 D
2025-02-27 Lew Jennifer Officer A-Award A Stock Option (Right to Buy) 272,575 2.50 681.4K 272,575 D
2025-02-27 Dananberg Jamie Officer A-Award A Stock Option (Right to Buy) 228,225 2.50 570.6K 228,225 D
2025-02-27 ARTIS DEAN RICHARD Officer A-Award A Stock Option (Right to Buy) 272,575 2.50 681.4K 272,575 D
2025-02-18 Yednock Ted Officer S-Sale D Common Stock 8,345 2.91 24.3K 61,237 D
2025-02-18 Overdorf Michael Officer S-Sale D Common Stock 6,618 2.95 19.5K 86,579 D
2025-02-18 Lew Jennifer Officer S-Sale D Common Stock 6,912 2.92 20.2K 77,770 D
2025-02-18 Dananberg Jamie Officer S-Sale D Common Stock 5,521 2.96 16.3K 33,479 D
2025-02-18 ARTIS DEAN RICHARD Officer S-Sale D Common Stock 5,515 2.97 16.4K 83,814 D
2025-02-13 Yednock Ted Officer S-Sale D Common Stock 1,783 2.99 5.3K 69,582 D
2025-02-13 Overdorf Michael Officer S-Sale D Common Stock 1,425 2.99 4.3K 93,197 D
2025-02-13 Love Douglas Director / Officer S-Sale D Common Stock 5,021 2.95 14.8K 351,554 D
2025-02-13 Lew Jennifer Officer S-Sale D Common Stock 1,786 2.98 5.3K 84,682 D
2025-01-09 JONES WILLIAM A JR 0 0.00 0
2025-01-06 Love Douglas Director / Officer M-Exempt D Stock Option (Right to Buy) 37,994 1.41 53.6K 0 D
2024-12-02 Carson William H. Director P-Purchase A Common Stock 3,200 5.33 17.1K 25,600 D
2024-10-30 Love Douglas Director / Officer M-Exempt D Stock Option (Right to Buy) 36,050 1.85 66.7K 0 D
2024-10-15 Yednock Ted Officer S-Sale D Common Stock 5,408 7.41 40.1K 71,365 D
2024-10-01 Carson William H. Director P-Purchase A Common Stock 3,200 5.97 19.1K 22,400 D
2024-09-19 Yednock Ted Officer S-Sale D Common Stock 4,500 7.10 32.0K 0 I
2024-09-12 Yednock Ted Officer S-Sale D Common Stock 5,500 6.16 33.9K 4,500
2024-09-05 Yednock Ted Officer S-Sale D Common Stock 5,500 5.64 31.0K 10,000
2024-09-03 Carson William H. Director P-Purchase A Common Stock 3,200 5.48 17.5K 19,200
2024-08-29 Yednock Ted Officer S-Sale D Common Stock 5,500 5.95 32.7K 15,500
2024-08-01 Carson William H. Director P-Purchase A Common Stock 3,200 6.24 20.0K 16,000
2024-07-15 Yednock Ted Officer S-Sale D Common Stock 1,106 6.02 6.7K 71,365
2024-07-15 Overdorf Michael Officer S-Sale D Common Stock 784 6.02 4.7K 94,622
2024-07-15 Lew Jennifer Officer S-Sale D Common Stock 1,104 6.03 6.7K 86,468
2024-07-01 Carson William H. Director P-Purchase A Common Stock 3,200 5.00 16.0K 12,800
2024-06-05 Waddill William D. Director A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-05 WIGGANS THOMAS G Director A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-05 Satter Muneer A Director / 10% Owner A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-05 Cockroft Bettina M. Director A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-05 Choi Jung Director A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-05 Carson William H. Director A-Award A Stock Option (Right to Buy) 44,000 6.79 298.8K 44,000
2024-06-03 Carson William H. Director P-Purchase A Common Stock 3,200 4.83 15.5K 9,600
2024-05-01 Carson William H. Director P-Purchase A Common Stock 3,200 4.68 15.0K 6,400
2024-04-08 Carson William H. Director P-Purchase A Common Stock 3,200 6.07 19.4K 3,200
2024-02-27 Yednock Ted Officer A-Award A Common Stock 44,963 0.00 106,200 D
2024-02-27 Overdorf Michael Officer A-Award A Common Stock 44,963 0.00 131,542 D
2024-02-27 Lew Jennifer Officer A-Award A Common Stock 44,963 0.00 122,733 D
2024-02-27 Dananberg Jamie Officer A-Award A Common Stock 44,963 0.00 78,442 D
2024-02-27 ARTIS DEAN RICHARD Officer A-Award A Common Stock 44,963 0.00 128,777 D
2024-02-20 Yednock Ted Officer S-Sale D Common Stock 2,604 5.51 14.3K 72,471
2024-02-20 Overdorf Michael Officer S-Sale D Common Stock 1,951 5.48 10.7K 85,641
2024-02-20 Lew Jennifer Officer S-Sale D Common Stock 2,593 5.53 14.3K 82,058
2024-02-16 Yednock Ted Officer A-Award A Common Stock 39,000 0.00 75,075
2024-02-16 Overdorf Michael Officer A-Award A Common Stock 39,000 0.00 87,592
2024-02-16 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 656,200 5.13 3.37M 656,200
2024-02-16 Lew Jennifer Officer A-Award A Stock Option (Right to Buy) 160,000 5.13 820.8K 160,000
2024-02-16 Dananberg Jamie Officer A-Award A Common Stock 39,000 0.00 39,000
2024-02-16 ARTIS DEAN RICHARD Officer A-Award A Common Stock 39,000 0.00 89,329
2024-02-12 Yednock Ted Officer S-Sale D Common Stock 1,810 5.54 10.0K 36,075
2024-02-12 Overdorf Michael Officer S-Sale D Common Stock 1,349 5.53 7.5K 48,592
2024-02-12 Love Douglas Director / Officer S-Sale D Common Stock 5,782 5.54 32.0K 196,121
2024-02-12 Lew Jennifer Officer S-Sale D Common Stock 1,809 5.54 10.0K 45,651
2023-12-27 Yednock Ted Officer M-Exempt A Common Stock 10,615 1.41 15.0K 10,615
2023-12-26 Satter Muneer A Director / 10% Owner P-Purchase A Common Stock 350,000 2.88 1.01M 7,406,024
2023-08-01 Dananberg Jamie Officer A-Award A Stock Option (Right to Buy) 275,000 3.54 973.5K 275,000
2023-07-27 Dananberg Jamie Officer 0 0.00 0
2023-07-11 Yednock Ted Officer S-Sale D Common Stock 1,057 3.84 4.1K 37,885
2023-07-11 Overdorf Michael Officer S-Sale D Common Stock 978 3.84 3.8K 45,802
2023-07-11 Lew Jennifer Officer S-Sale D Common Stock 1,057 3.84 4.1K 47,460
2023-06-08 Waddill William D. Director A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-06-08 WIGGANS THOMAS G Director A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-06-08 Satter Muneer A Director / 10% Owner A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-06-08 Cockroft Bettina M. Director A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-06-08 Choi Jung Director A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-06-08 Carson William H. Director A-Award A Stock Option (Right to Buy) 24,000 2.88 69.1K 24,000
2023-05-25 Bain Capital Life Sciences Investors, LLC 10% Owner P-Purchase A Common Stock 300,000 2.13 639.7K 5,701,926
2023-03-16 Yednock Ted Officer D Stock Option (Right to Buy) 46,439 1.85 85.9K 0
2023-02-16 Overdorf Michael Officer A-Award A Stock Option (Right to Buy) 77,050 5.94 457.7K 77,050
2023-02-16 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 345,000 5.94 2.05M 345,000
2023-02-16 Lew Jennifer Officer A-Award A Common Stock 18,975 0.00 48,517
2023-02-15 Love Douglas Director / Officer S-Sale D Common Stock 6,571 5.87 38.6K 197,646
2023-02-14 Overdorf Michael Officer S-Sale D Common Stock 144 6.30 907.10 27,805
2023-02-14 Lew Jennifer Officer S-Sale D Common Stock 166 6.30 1.0K 29,542
2023-02-13 Overdorf Michael Officer S-Sale D Common Stock 1,501 6.30 9.5K 27,949
2023-02-13 Lew Jennifer Officer S-Sale D Common Stock 1,742 6.31 11.0K 29,708
2023-02-10 Satter Muneer A Director / 10% Owner P-Purchase A Common Stock 2,647,058 6.80 18.00M 7,056,024
2023-01-15 ARTIS DEAN RICHARD Officer A-Award A Stock Option (Right to Buy) 210,000 0.00 210,000
2023-01-06 ARTIS DEAN RICHARD Officer D Common Stock 0 0.00 50,329
2022-07-11 Overdorf Michael Officer A-Award A Stock Option (Right to Buy) 75,000 0.00 75,000
2022-07-11 Mattheakis Larry Officer A-Award A Common Stock 4,688 0.00 17,188 D
2022-07-11 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 300,000 3.91 1.17M 300,000 D
2022-07-11 Lew Jennifer Officer A-Award A Common Stock 9,375 0.00 23,875
2022-07-11 Bain Capital Life Sciences Investors, LLC 10% Owner I Pre-Funded Warrant (right to buy) 2,739,475 0.00 2.7K 0
2022-07-07 Satter Muneer A Director P-Purchase A Warrants (Right to Buy) 613,497 0.13 76.7K 613,497
2022-06-09 Waddill William D. Director A-Award A Stock Option (Right to Buy) 24,000 3.84 92.2K 24,000
2022-06-09 WIGGANS THOMAS G Director A-Award A Stock Option (Right to Buy) 24,000 0.00 24,000
2022-06-09 Satter Muneer A Director A-Award A Stock Option (Right to Buy) 24,000 0.00 24,000
2022-06-09 Cockroft Bettina M. Director A-Award A Stock Option (Right to Buy) 24,000 0.00 24,000
2022-06-09 Choi Jung Director A-Award A Stock Option (Right to Buy) 24,000 3.84 92.2K 24,000
2022-06-09 Carson William H. Director A-Award A Stock Option (Right to Buy) 24,000 3.84 92.2K 24,000
2022-04-14 Love Douglas Officer P-Purchase A Common Stock 60,000 2.45 146.8K 200,942
2022-02-11 Overdorf Michael Officer A-Award A Stock Option (Right to Buy) 100,000 6.94 694.0K 100,000
2022-02-11 Mattheakis Larry Officer A-Award A Stock Option (Right to Buy) 100,000 6.94 694.0K 100,000
2022-02-11 Love Douglas Director / Officer A-Award A Common Stock 40,000 0.00 140,942
2022-02-11 Lew Jennifer Officer A-Award A Common Stock 12,500 0.00 14,500
2022-02-11 Keswani Sanjay Officer A-Award A Common Stock 12,500 0.00 12,500
2022-01-19 Cockroft Bettina M. Director 0 0.00 0
2021-11-11 Love Douglas Director / Officer M-Exempt A Common Stock 70,942 1.41 100.0K 70,942
2021-09-30 Mattheakis Larry Officer A-Award A Stock Option (Right to Buy) 220,000 18.61 4.09M 220,000
2021-09-16 Love Douglas Director / Officer M-Exempt D Stock Option (Right to Buy) 7,500 1.41 10.6K 37,994
2021-09-13 Yednock Ted Officer M-Exempt D Stock Option (Right to Buy) 1,190 5.11 6.1K 67,939
2021-09-13 Lew Jennifer Officer M-Exempt D Stock Option (Right to Buy) 3,500 7.49 26.2K 143,793
2021-08-12 Waddill William D. Director 0 0.00 0
2021-06-08 Love Douglas Director / Officer M-Exempt A Common Stock 3,750 1.41 5.3K 3,750
2021-06-07 Love Douglas Director / Officer S-Sale D Common Stock 3,750 22.31 83.7K 0
2021-06-03 Yednock Ted Officer M-Exempt D Stock Option (Right to Buy) 15,000 1.41 21.1K 25,615
2021-06-02 WIGGANS THOMAS G Director A-Award A Stock Option (Right to Buy) 10,000 21.03 210.3K 10,000
2021-06-02 Sun Ricky Director A-Award A Stock Option (Right to Buy) 10,000 21.03 210.3K 10,000
2021-06-02 Satter Muneer A Director A-Award A Stock Option (Right to Buy) 10,000 21.03 210.3K 10,000
2021-06-02 Choi Jung Director A-Award A Stock Option (Right to Buy) 10,000 21.03 210.3K 10,000
2021-06-02 Carson William H. Director A-Award A Stock Option (Right to Buy) 10,000 21.03 210.3K 10,000
2021-05-27 Lew Jennifer Officer M-Exempt D Stock Option (Right to Buy) 3,500 7.49 26.2K 147,293
2021-04-01 Love Douglas Director / Officer S-Sale D Common Stock 200 28.19 5.6K 300
2021-03-31 Love Douglas Director / Officer S-Sale D Common Stock 7,102 28.11 199.6K 0
2021-03-30 Love Douglas Director / Officer M-Exempt D Stock Option (Right to Buy) 3,750 1.41 5.3K 60,596
2021-03-29 Love Douglas Director / Officer M-Exempt D Stock Option (Right to Buy) 3,750 1.41 5.3K 64,346
2021-03-25 Yednock Ted Officer M-Exempt A Common Stock 15,000 1.41 21.1K 15,000
2021-03-24 Keswani Sanjay Officer M-Exempt D Stock Option (Right to Buy) 3,995 7.49 29.9K 182,956
2021-03-23 Lew Jennifer Officer M-Exempt D Stock Option (Right to Buy) 5,000 7.49 37.4K 150,793
2021-02-25 Yednock Ted Officer A-Award A Stock Option (Right to Buy) 115,000 30.07 3.46M 115,000
2021-02-25 Overdorf Michael Officer A-Award A Stock Option (Right to Buy) 115,000 30.07 3.46M 115,000
2021-02-25 Love Douglas Director / Officer A-Award A Stock Option (Right to Buy) 325,000 30.07 9.77M 325,000
2021-02-25 Lew Jennifer Officer A-Award A Stock Option (Right to Buy) 115,000 30.07 3.46M 115,000
2021-02-25 Keswani Sanjay Officer A-Award A Stock Option (Right to Buy) 115,000 30.07 3.46M 115,000
2021-02-05 Carson William H. Director A-Award A Stock Option (Right to Buy) 20,000 24.34 486.8K 20,000
2020-07-28 Satter Muneer A Director C-Conversion D Series B Preferred Stock 4,016,573 0.00 0
2020-07-28 Redmile Group, LLC 10% Owner C-Conversion D Series D Redeemable Convertible Preferred Stock 14,062,719 0.00 0
2020-07-28 Lew Jennifer Officer P-Purchase A Common Stock 2,000 17.00 34.0K 2,000
2020-07-28 Flynn James E 10% Owner P-Purchase A Common Stock 350,000 17.00 5.95M 808,914
2020-07-28 Clarus Lifesciences III, L.P. 10% Owner C-Conversion A Common Stock 643,208 0.00 643,208
2020-07-28 Bain Capital Life Sciences Investors, LLC 10% Owner C-Conversion D Series C Preferred Stock 22,222,221 0.00 0
2020-07-23 Yednock Ted Officer D Stock Option (Right to Buy) 192,962 13.31 2.57M 0
2020-07-23 YOUNG WILLIAM Director D Stock Option (Right to Buy) 9,080 13.31 120.9K 0
2020-07-23 WIGGANS THOMAS G Director D Stock Option (Right to Buy) 9,080 13.31 120.9K 0
2020-07-23 Sun Ricky Director 0 0.00 0
2020-07-23 Sonsini Peter W. 10% Owner I Series D Preferred Stock 231,452 0.00 0
2020-07-23 Satter Muneer A Director I Series C Preferred Stock 5,537,036 0.00 0
2020-07-23 SANDELL SCOTT D 10% Owner I Series D Preferred Stock 231,452 0.00 0
2020-07-23 Redmile Group, LLC 10% Owner I Series D Redeemable Convertible Preferred Stock 1,596,222 0.00 0
2020-07-23 Overdorf Michael Officer 0 0.00 0
2020-07-23 New Enterprise Associates 15, L.P. 10% Owner D Series C Preferred Stock 672,636 0.00 0
2020-07-23 Makhzoumi Mohamad 10% Owner I Series B Preferred Stock 1,591,599 0.00 0
2020-07-23 MAKOWER JOSHUA 10% Owner I Series B Preferred Stock 1,591,599 0.00 0
2020-07-23 Love Douglas Director / Officer D Stock Option (Right to Buy) 36,050 1.86 67.1K 0
2020-07-23 Lew Jennifer Officer D Stock Option (Right to Buy) 155,793 7.49 1.17M 0
2020-07-23 Keswani Sanjay Officer D Stock Option (Right to Buy) 68,104 13.31 906.5K 0
2020-07-23 Gallagher Carol Giltner Director 0 0.00 0
2020-07-23 Flynn James E 10% Owner I Series D Preferred Stock 458,914 0.00 0
2020-07-23 Florence Anthony A. Jr. 10% Owner I Series B Preferred Stock 1,591,599 0.00 0
2020-07-23 Cunningham Emmett Director 0 0.00 0
2020-07-23 Clarus Lifesciences III, L.P. 10% Owner I Series B Redeemable Convertible Preferred Stock 8,370,685 0.00 0
2020-07-23 Choi Jung Director D Stock Option (Right to Buy) 36,322 13.31 483.4K 0
2020-07-23 Bain Capital Life Sciences Investors, LLC 10% Owner I Series D Preferred Stock 2,812,543 0.00 0

Executive team

Top executives
Shares Outstanding
119.60M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Douglas Love, Esq. President & Chief Executive Officer 670.8K 2.52M 371.3K 14.9K 3.58M 70.47%
2 2025 Ted Yednock, Ph.D. Executive Vice President and Chief Innovation Officer 497.6K 112.4K 528.9K 200.3K 39.9K 1.38M 46.50%
3 2025 Jennifer Lew. Executive Vice President and Chief Financial Officer 495.8K 112.4K 528.9K 200.2K 4.0K 1.34M 47.81%
4 2024 Douglas Love, Esq. President & Chief Executive Officer 641.1K 2.66M 357.5K 12.2K 3.67M 72.48%
5 2024 Douglas Love, Esq. President Chief Executive Officer 641.1K 2.66M 357.5K 12.2K 3.67M 72.48%
6 2024 Jamie Dananberg, M.D. Executive Vice President and Chief Medical Officer 514.6K 200.1K 649.1K 196.7K 4.0K 1.56M 54.28%
7 2024 Ted Yednock, Ph.D. Executive Vice President and Chief Innovation Officer 478.8K 200.1K 649.1K 192.6K 43.3K 1.56M 54.30%
8 2023 Douglas Love, Esq. President Chief Executive Officer 593.4K 1.47M 375.7K 11.0K 2.45M 60.05%
9 2023 Rick Artis, Ph.D. Executive Vice President and Chief Scientific Officer 442.5K 150.0K 1.03M 200.9K 4.0K 1.83M 56.41%
10 2023 Ted Yednock, Ph.D. Executive Vice President and Chief Innovation Officer 462.6K 112.7K 329.0K 207.6K 27.5K 1.14M 38.76%
11 2022 Douglas Love, Esq President and Chief Executive Officer 568.6K 277.6K 2.38M 345.4K 8.0K 3.58M 74.26%
12 2022 Douglas Love, Esq. President Chief Executive Officer 568.6K 277.6K 2.38M 345.4K 8.0K 3.58M 74.26%
13 2022 Ted Yednock, Ph.D. Executive Vice President and Chief Innovation Officer 443.5K 123.4K 692.8K 192.3K 25.1K 1.48M 55.26%
14 2022 Jennifer Lew Executive Vice President and Chief Financial Officer 435.3K 123.4K 692.8K 188.9K 1.44M 56.67%
15 2022 Michael Overdorf Executive Vice President and Chief Business Officer 391.0K 123.4K 692.8K 169.3K 20.2K 1.40M 58.44%
16 2021 Douglas Love, Esq President and Chief Executive Officer 533.9K 7.23M 297.1K 7.2K 8.07M 89.61%
17 2021 Douglas Love President and Chief Executive Officer 533.9K 7.23M 297.1K 8.06M 89.69%
18 2021 Larry Mattheakis Executive Vice President and Chief Scientific Officer 104.8K 150.0K 3.00M 41.6K 3.30M 91.01%
19 2021 Ted Yednock EVP and Chief Innovation Officer 416.8K 2.56M 169.1K 28.7K 3.17M 80.63%
20 2021 Sanjay Keswani Former Executive Vice President and Chief Medical Officer 430.2K 2.56M 173.9K 3.16M 80.90%
21 2021 Jennifer Lew Executive Vice President and Chief Financial Officer 404.6K 2.56M 164.4K 3.13M 81.81%
22 2021 Michael Overdorf Executive Vice President and Chief Business Officer 372.1K 2.56M 151.4K 3.08M 83.02%
23 2020 Douglas Love President and Chief Executive Officer 446.0K 3.89M 263.7K 4.60M 84.58%
24 2020 EVP Chief Business Officer 153.5K 3.10M 55.6K 3.31M 93.69%
25 2020 Ted Yednock EVP and Chief Innovation Officer 364.3K 1.81M 161.2K 2.34M 77.53%
26 2020 EVP Chief Scientific Officer 364.3K 1.81M 161.2K 2.34M 77.53%
27 2020 Sanjay Keswani Former Executive Vice President and Chief Medical Officer 396.0K 639.9K 169.6K 1.21M 53.08%
28 2019 Douglas Love President and Chief Executive Officer 395.5K 2.84M 151.2K 3.39M 83.87%
29 2019 Sanjay Keswani Former Executive Vice President and Chief Medical Officer 205.8K 1.24M 68.9K 101.3K 1.62M 76.79%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-27 DEFA14A
2026-04-27 DEF 14A
2026-04-16 PRE 14A
2025-04-23 DEFA14A
2025-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 8-K
2026-05-07 10-Q
2026-04-27 DEFA14A
2026-04-27 DEF 14A
2026-04-27 ARS
2026-04-16 PRE 14A
2026-04-14 4
2026-03-31 S-8
2026-03-31 S-3ASR
2026-03-30 8-K

Executive team

NameTitleCompensationGender
Douglas Love Chief Executive Officer, President & Director 1M male
Dean R. Artis Chief Scientific Officer & Executive Vice President 797.4K
Ted Yednock Executive Vice President, Chief Innovation Officer & Chairman of the Scientific Advisory Board 737.8K
Jamie Dananberg Executive Vice President & Chief Medical Officer 715.2K
Jennifer Lew Executive Vice President, Chief Financial Officer & Corporate Secretary 700.0K female
Michael Overdorf Executive Vice President & Chief Business Officer 580.5K male
Lloyd Clark Senior Vice President of Ophthalmology Strategy & Innovation
Shikhar Agarwal Senior Vice President & Head of Commercial male
Sunil Mehta Senior Vice President of Medical Affairs
Henk-Andre Kroon Senior Vice President of Translational Medicine male
ESG Rating
B
BIOTECHNOLOGY
Rank: 386 out of 710
2026
E (Environmental)
56.3 / 56.3
Company / Sector avg.
S (Social)
60.1 / 62.4
Company / Sector avg.
G (Governance)
61.3 / 60.9
Company / Sector avg.
ESG Total
59.2 / 59.9
Company / Sector avg.
ESG Score History BIOTECHNOLOGY
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
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Dividend history

Earnings history

Earnings reports

Stock splits