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Edgewise Therapeutics, Inc. (EWTX)

USD41.27 -4.14 (-9.12%)
US NASDAQ Healthcare Biotechnology
Address 3415 Colorado Avenue 80303
Boulder, CO, US
CEO Kevin Koch
IPO 2021-03-26
CIK 1710072 ISIN US28036F1057

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Description

Edgewise Therapeutics, Inc. is a biopharmaceutical firm dedicated to developing small-molecule treatments for a range of musculoskeletal disorders. Its leading investigational drug, EDG-5506, is an orally administered compound specifically engineered to tackle the fundamental genetic causes of dystrophinopathies, including Duchenne and Becker muscular dystrophy. This candidate has successfully concluded its Phase 1 clinical trial. Beyond EDG-5506, Edgewise maintains a pipeline of precision medicine candidates designed to modulate key muscle proteins, thereby addressing various genetically defined muscle conditions. Established in 2017, the company is headquartered in Boulder, Colorado.

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
USD41.27 -4.14 (-9.12%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.30
Float Shares
77.20M
Free Float %
72.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.15% -9.05% +5.30% +13.80% +63.25% +39.24% +133.20% +272.82% +31.31% +15.20% +15.20%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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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

From To

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 (9 ratings, all time) Buy
Price Targets & DCF
Current price
41.27
Low 25.00 -39.4%
Consensus 42.00 +1.8%
Median 45.50 +10.2%
High 52.00 +26.0%
DCF (Unlevered) 0.50 -98.8%
DCF (Levered) 0.56 -98.7%

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) 83% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 7 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
52.00
+26.0%
Last Quarter 4
42.00
+1.8%
Last Year 5
37.60
-8.9%
All Time 11
42.82
+3.8%
Quality scores
Altman Z-Score
85.91
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
3 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
2 / 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
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
  • EPS growth Biotechnology: +29.7%
    -12.4% Q1'26: -7.0% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
  • EBIT margin Biotechnology: +0.0%
  • ROIC Biotechnology: -16.1%
    Q1'26: +8,435.7% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +11.4% Q1'26: +12.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.02× Q1'26: -0.02× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.25) × ERP
WACC = 100% × Ke + 0% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.50 Current price: 41.27
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.
8 EPS Ana.
Dec 2027
7 Rev. Ana.
8 EPS Ana.
Dec 2028
8 Rev. Ana.
7 EPS Ana.
Dec 2029
7 Rev. Ana.
2 EPS Ana.
Dec 2030
7 Rev. Ana.
5 EPS Ana.
Revenue
2.27M
1.43M – 3.82M
14.47M
2.44M – 36.54M
+536.5% YoY
127.52M
80.30M – 214.18M
+781.5% YoY
330.28M
207.97M – 554.74M
+159.0% YoY
744.99M
469.11M – 1.25B
+125.6% YoY
EBITDA
-156.54M
-165.53M
— – —
— – —
— – —
— – —
— – —
EBIT
-158.83M
-167.80M
— – —
— – —
— – —
— – —
— – —
Net Income
-133.81M
est: -140.47M (+4.7%)
-167.80M
est: -165.27M (-1.5%)
-220.95M
-243.59M – -179.75M
-33.7% YoY
-258.27M
-292.26M – -178.21M
-16.9% YoY
-215.06M
-236.09M – -122.11M
+16.7% YoY
-77.93M
-146.79M – -40.42M
+63.8% YoY
118.08M
61.23M – 222.40M
+251.5% YoY
SGA
31.87M
40.02M
— – —
— – —
— – —
— – —
— – —
EPS
-1.45
est: -1.49 (+2.6%)
-1.63
est: -1.60 (-2.2%)
-2.05
-2.37 – -1.75
-28.6% YoY
-2.28
-2.84 – -1.73
-10.9% YoY
-1.72
-2.29 – -1.19
+24.2% YoY
-0.76
-1.43 – -0.39
+56.1% YoY
1.15
0.59 – 2.16
+251.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C- 1/5 2/5 1/5 1/5 3/5 1/5 1/5
2026-05-06 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-05-05 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-05-04 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-05-01 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-04-30 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-04-29 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-04-28 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-04-27 C 2/5 2/5 1/5 1/5 3/5 1/5 2/5
2026-04-24 C 2/5 2/5 1/5 1/5 3/5 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
2026-04-15 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
56
Total invested
182.16M
Insider transactions (90d)
2
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 OrbiMed Advisors LLC 13.68M 27.80% 13.68M 10.00 IA Delaware 2021-04-08
2 OrbiMed Capital GP VI LLC 13.36M 27.10% 13.36M 10.00 OO Delaware 2021-04-08
3 Peter Kolchinsky 8.91M 9.60% 8.91M HC, IN Delaware 2024-01-29
4 RA Capital Healthcare Fund, L.P. 8.91M 9.60% 8.91M PN Delaware 2024-01-29
5 RA Capital Management, L.P. 8.91M 9.60% 8.91M IA, PN Delaware 2024-01-29
6 Rajeev Shah 8.91M 9.60% 8.91M HC, IN Delaware 2024-01-29
7 Abigail P. Johnson 7.98M 12.63% 7.98M IN Delaware 2022-10-11
8 FMR LLC 7.98M 12.63% 7.98M 7.98M HC Delaware 2022-10-11
9 (1) BlackRock, Inc. 6.39M 6.80% 6.22M 6.39M HC Delaware 2024-11-08
10 Baker Bros. Advisors (GP) LLC 5.84M 6.20% 5.84M 5.84M HC, OO Delaware 2024-11-14
11 Baker Bros. Advisors LP 5.84M 6.20% 5.84M 5.84M IA, PN Delaware 2024-11-14
12 Felix J. Baker 5.84M 6.20% 5.84M 5.84M HC, IN United States 2024-11-14
13 Julian C. Baker 5.84M 6.20% 5.84M 5.84M HC, IN United States 2024-11-14
14 EcoR1 Capital, LLC 3.49M 11.00% 3.49M 3.49M IA, OO Delaware 2022-09-26
15 Oleg Nodelman 3.49M 11.00% 3.49M 3.49M HC, IN Delaware 2022-09-26
16 S 3.47M 7.10% 3.47M 3.47M OO Delaware 2021-05-03
17 U.S. Venture Partners XI, L.P. (“USVP XI”) 3.47M 7.10% 3.47M 3.47M PN Delaware 2021-05-03
18 David Kroin 3.37M 5.34% 3.37M HC, IN Delaware 2022-09-23
19 Deep Track Biotechnology Master Fund, Ltd. 3.37M 5.34% 3.37M CO Delaware 2022-09-23
20 Deep Track Capital, LP 3.37M 5.34% 3.37M IA, OO Delaware 2022-09-23
21 Rose S. Shabet 3.35M 7.00% 3.35M IN United States 2021-04-05
22 Viking Global Opportunities GP LLC 3.35M 7.00% 3.35M OO Delaware 2021-04-05
23 EcoR1 Capital Fund Qualified, L.P. 3.29M 11.00% 3.29M 3.29M PN Delaware 2022-09-26
24 Viking Global Investors LP 2.73M 5.50% 2.73M 2.73M PN Delaware 2022-02-14
25 Bihua Chen 2.59M 5.26% 2.59M 2.59M IN United States 2021-05-18
26 Cormorant Asset Management, LP 2.59M 5.26% 2.59M 2.59M PN Delaware 2021-05-18
27 Cormorant Global Healthcare GP, LLC 1.66M 3.37% 1.66M 1.66M OO Delaware 2021-05-18
28 Cormorant Global Healthcare Master Fund, LP 1.66M 3.37% 1.66M 1.66M PN Cayman Islands 2021-05-18
29 Cormorant Private Healthcare Fund III, LP 852.0K 1.73% 852.0K 852.0K PN Delaware 2021-05-18
30 Cormorant Private Healthcare GP III, LLC 852.0K 1.73% 852.0K 852.0K OO Delaware 2021-05-18
31 OrbiMed Genesis GP LLC 319.6K 0.70% 319.6K 10.00 IA Cayman Islands 2021-04-08
32 OrbiMed Capital LLC 265.6K 0.50% 265.6K 265.6K 10.00 OO Cayman Islands 2021-04-08
33 2. 10.00 5.00% 2.45M IA, HC, OO Delaware 2022-01-13
34 Citadel Advisors Holdings LP 6.00 4.80% 2.38M 2.38M HC, PN Delaware 2021-07-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
56
-154 vs prev Q
New positions
14
Closed positions
158
Increased
28
Reduced
10
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 ORBIMED ADVISORS LLC 15.52M +— (+0.0%) 385.09M +133.4M (+53.0%) 14.71% -0.077 pp 7.89% +1.960 pp USD30.53 -18.7% 20 qtrs
2 RA CAPITAL MANAGEMENT, L.P. 10.43M +— (+0.0%) 258.78M +89.6M (+53.0%) 9.89% -0.052 pp 2.65% +0.567 pp USD17.46 +42.2% 8 qtrs
3 BLACKROCK, INC. 6.63M +279.1K (+4.4%) 164.54M +61.5M (+59.7%) 6.29% +0.233 pp 0.00% +0.001 pp USD26.04 -4.7% 6 qtrs
4 BAKER BROS. ADVISORS LP 6.58M -730.0K (-10.0%) 163.18M +44.7M (+37.7%) 6.23% -0.728 pp 0.96% +0.099 pp USD15.69 +58.2% 20 qtrs
5 PARADIGM BIOCAPITAL ADVISORS LP 6.54M +371.1K (+6.0%) 162.32M +62.2M (+62.2%) 6.20% +0.321 pp 4.14% +1.297 pp USD19.90 +24.7% 8 qtrs
6 NOVO HOLDINGS A/S 5.35M +— (+0.0%) 132.76M +46.0M (+53.0%) 5.07% -0.027 pp 10.31% +4.717 pp USD19.55 +27.0% 20 qtrs
7 BRAIDWELL LP 5.21M +— (+0.0%) 129.31M +44.8M (+53.0%) 4.94% -0.026 pp 4.14% +1.627 pp USD19.40 +27.9% 6 qtrs
8 VANGUARD GROUP INC 4.87M +67.7K (+1.4%) 120.89M +43.0M (+55.1%) 4.62% +0.040 pp 0.00% +0.001 pp USD16.47 +50.7% 20 qtrs
9 JANUS HENDERSON GROUP PLC 4.57M -412.5K (-8.3%) 113.33M +32.5M (+40.2%) 4.33% -0.416 pp 0.05% +0.014 pp USD21.90 +13.3% 20 qtrs
10 SIREN, L.L.C. 4.53M +632.9K (+16.2%) 112.41M +49.2M (+77.8%) 4.29% +0.581 pp 3.35% +0.880 pp USD19.34 +28.3% 6 qtrs
11 PERCEPTIVE ADVISORS LLC 4.46M +662.1K (+17.4%) 110.62M +49.1M (+79.7%) 4.23% +0.609 pp 1.97% +0.194 pp USD21.55 +15.2% 9 qtrs
12 DRIEHAUS CAPITAL MANAGEMENT LLC 4.19M +2.0M (+88.1%) 104.00M +67.9M (+187.8%) 3.97% +1.850 pp 0.71% +0.448 pp USD20.84 +19.1% 9 qtrs
13 CORMORANT ASSET MANAGEMENT, LP 3.29M -725.0K (-18.1%) 81.52M +16.5M (+25.3%) 3.11% -0.707 pp 3.77% -0.719 pp USD22.70 +9.3% 20 qtrs
14 MORGAN STANLEY 2.91M +2.0M (+234.7%) 72.23M +58.1M (+412.1%) 2.76% +1.931 pp 0.00% +0.004 pp USD22.31 +11.3% 19 qtrs
15 UBS GROUP AG 2.12M +2.0M (+1,755.0%) 52.54M +50.7M (+2,738.0%) 2.01% +1.898 pp 0.01% +0.008 pp USD24.65 +0.7% 8 qtrs
16 GEODE CAPITAL MANAGEMENT, LLC 1.75M +28.6K (+1.7%) 43.34M +15.5M (+55.5%) 1.66% +0.019 pp 0.00% +0.001 pp USD15.42 +61.0% 19 qtrs
17 STATE STREET CORP 1.72M +17.4K (+1.0%) 42.62M +15.0M (+54.6%) 1.63% +0.008 pp 0.00% +0.001 pp USD16.25 +52.7% 19 qtrs
18 BIOIMPACT CAPITAL LLC 1.66M -65.5K (-3.8%) 41.08M +13.2M (+47.2%) 1.57% -0.071 pp 4.70% +0.131 pp USD18.27 +35.9% 8 qtrs
19 FIRST LIGHT ASSET MANAGEMENT, LLC 1.57M +158.7K (+11.2%) 39.05M +16.1M (+70.1%) 1.49% +0.143 pp 2.99% +0.822 pp USD24.07 +3.1% 5 qtrs
20 BELLEVUE GROUP AG 1.53M -1.2M (-44.9%) 37.93M -7.1M (-15.8%) 1.45% -1.196 pp 0.72% -0.217 pp USD16.34 +51.9% 7 qtrs
21 INTEGRAL HEALTH ASSET MANAGEMENT, LLC 1.50M +— (+0.0%) 37.22M +12.9M (+53.0%) 1.42% -0.008 pp 1.85% +0.202 pp USD19.87 +24.9% 5 qtrs
22 BANK OF AMERICA CORP /DE/ 1.47M +1.2M (+359.2%) 36.60M +31.4M (+602.6%) 1.40% +1.092 pp 0.00% +0.002 pp USD23.90 +3.8% 18 qtrs
23 DIMENSIONAL FUND ADVISORS LP 1.21M +30.5K (+2.6%) 30.11M +10.9M (+57.0%) 1.15% +0.023 pp 0.01% +0.002 pp USD16.40 +51.3% 14 qtrs
24 AMERICAN CENTURY COMPANIES INC 1.19M +91.0K (+8.3%) 29.44M +11.7M (+65.7%) 1.12% +0.081 pp 0.01% +0.006 pp USD19.04 +30.4% 20 qtrs
25 ALLIANCEBERNSTEIN L.P. 1.04M +958.9K (+1,241.1%) 25.71M +24.5M (+1,951.8%) 0.98% +0.909 pp 0.01% +0.008 pp USD24.04 +3.2% 14 qtrs
26 SOLEUS CAPITAL MANAGEMENT, L.P. 910.0K +910.0K (+100.0%) 22.58M +22.6M (+100.0%) 0.86% +0.863 pp 0.83% +0.833 pp USD24.82 +0.0% 5 qtrs
27 ABRDN PLC 821.9K +202.1K (+32.6%) 20.40M +10.3M (+102.9%) 0.78% +0.188 pp 0.03% +0.016 pp USD21.06 +17.9% 6 qtrs
28 DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) 765.7K +— (+0.0%) 19.00M +6.6M (+53.0%) 0.73% -0.004 pp 0.24% +0.053 pp USD31.67 -21.6% 20 qtrs
29 NORGES BANK 751.4K +751.4K (+100.0%) 18.64M +18.6M (+100.0%) 0.71% +0.712 pp 0.00% +0.002 pp USD24.82 +0.0% 1 qtrs NEW
30 VICTORY CAPITAL MANAGEMENT INC 746.6K +247.9K (+49.7%) 18.53M +10.4M (+129.1%) 0.71% +0.233 pp 0.01% +0.006 pp USD17.23 +44.1% 5 qtrs
31 GOLDMAN SACHS GROUP INC 718.4K +190.5K (+36.1%) 17.83M +9.3M (+108.2%) 0.68% +0.178 pp 0.00% +0.001 pp USD16.43 +51.1% 17 qtrs
32 ARTISAN PARTNERS LIMITED PARTNERSHIP 704.1K -14.1K (-2.0%) 17.47M +5.8M (+50.0%) 0.67% -0.017 pp 0.03% +0.010 pp USD22.14 +12.1% 6 qtrs
33 FMR LLC 693.0K +439.6K (+173.5%) 17.20M +13.1M (+318.5%) 0.66% +0.416 pp 0.00% +0.001 pp USD20.71 +19.8% 20 qtrs
34 MARSHALL WACE, LLP 681.9K +681.9K (+100.0%) 16.93M +16.9M (+100.0%) 0.65% +0.646 pp 0.02% +0.015 pp USD24.82 +0.0% 1 qtrs NEW
35 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 640.4K +640.4K (+100.0%) 15.89M +15.9M (+100.0%) 0.61% +0.607 pp 0.03% +0.027 pp USD24.82 +0.0% 1 qtrs NEW
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 611.4K +13.8K (+2.3%) 15.17M +5.5M (+56.5%) 0.58% +0.010 pp 0.00% +0.001 pp USD15.23 +63.0% 19 qtrs
37 EVENTIDE ASSET MANAGEMENT, LLC 568.3K +— (+0.0%) 14.10M +4.9M (+53.0%) 0.54% -0.003 pp 0.22% +0.069 pp USD22.00 +12.8% 4 qtrs
38 NORTHERN TRUST CORP 559.6K -28.2K (-4.8%) 13.89M +4.4M (+45.6%) 0.53% -0.030 pp 0.00% +0.001 pp USD17.07 +45.4% 19 qtrs
39 CANDRIAM S.C.A. 501.2K +280.1K (+126.6%) 12.44M +8.9M (+246.7%) 0.48% +0.264 pp 0.06% +0.043 pp USD18.32 +35.5% 14 qtrs
40 OPALEYE MANAGEMENT INC. 500.0K +— (+0.0%) 12.41M +4.3M (+53.0%) 0.47% -0.003 pp 1.64% +0.490 pp USD9.57 +159.4% 16 qtrs
41 SOFINNOVA INVESTMENTS, INC. 437.8K -82.4K (-15.8%) 10.86M +2.4M (+28.8%) 0.42% -0.081 pp 0.47% +0.007 pp USD16.26 +52.6% 7 qtrs
42 PARKMAN HEALTHCARE PARTNERS LLC 427.7K -122.5K (-22.3%) 10.61M +1.7M (+18.9%) 0.41% -0.119 pp 1.01% +0.080 pp USD12.47 +99.0% 14 qtrs
43 D. E. SHAW & CO., INC. 394.7K -282.9K (-41.7%) 9.79M -1.2M (-10.9%) 0.37% -0.272 pp 0.01% -0.001 pp USD15.44 +60.8% 9 qtrs
44 BARCLAYS PLC 372.7K +253.4K (+212.3%) 9.25M +6.1M (+190.4%) 0.35% +0.240 pp 0.00% +0.001 pp USD22.30 +11.3% 16 qtrs
45 STEMPOINT CAPITAL LP 360.9K +360.9K (+100.0%) 8.96M +9.0M (+100.0%) 0.34% +0.342 pp 1.54% +1.536 pp USD24.82 +0.0% 1 qtrs NEW
46 350.0K +350.0K (+100.0%) 8.69M +8.7M (+100.0%) 0.33% +0.332 pp 3.68% +3.681 pp USD24.82 +0.0% 1 qtrs NEW
47 EVERSEPT PARTNERS, LP 337.3K -164.9K (-32.8%) 8.37M +224.9K (+2.8%) 0.32% -0.159 pp 0.42% -0.140 pp USD13.79 +80.0% 3 qtrs
48 QUBE RESEARCH & TECHNOLOGIES LTD 296.2K -259.5K (-46.7%) 7.35M -1.7M (-18.5%) 0.28% -0.249 pp 0.01% -0.002 pp USD22.48 +10.4% 9 qtrs
49 UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH 271.4K +138.9K (+104.8%) 6.73M +4.6M (+213.3%) 0.26% +0.131 pp 0.01% +0.007 pp USD23.58 +5.3% 5 qtrs
50 ALLY BRIDGE GROUP (NY) LLC 250.0K +250.0K (+100.0%) 6.20M +6.2M (+100.0%) 0.24% +0.237 pp 6.46% +6.463 pp USD24.82 +0.0% 1 qtrs NEW
51 KENNEDY CAPITAL MANAGEMENT LLC 241.5K -9.1K (-3.6%) 5.99M +1.9M (+47.4%) 0.23% -0.010 pp 0.13% +0.037 pp USD11.75 +111.2% 9 qtrs
52 SIO CAPITAL MANAGEMENT, LLC 237.5K -69.7K (-22.7%) 5.89M +910.6K (+18.3%) 0.23% -0.068 pp 0.93% -0.334 pp USD13.11 +89.3% 3 qtrs
53 GRANAHAN INVESTMENT MANAGEMENT, LLC 232.3K -107.3K (-31.6%) 5.76M +255.8K (+4.6%) 0.22% -0.103 pp 0.25% +0.021 pp USD10.77 +130.5% 12 qtrs
54 WOODLINE PARTNERS LP 224.2K +2.0 (+0.0%) 5.56M +1.9M (+53.0%) 0.21% -0.001 pp 0.02% +0.004 pp USD20.97 +18.4% 20 qtrs
55 CITIGROUP INC 223.3K -315.2K (-58.5%) 5.54M -3.2M (-36.6%) 0.21% -0.301 pp 0.00% -0.001 pp USD14.20 +74.8% 19 qtrs
56 DEUTSCHE BANK AG\ 214.8K +59.9K (+38.7%) 5.33M +2.8M (+112.2%) 0.20% +0.056 pp 0.00% +0.001 pp USD24.23 +2.4% 19 qtrs
57 AMERIPRISE FINANCIAL INC 202.3K +202.3K (+100.0%) 5.02M +5.0M (+100.0%) 0.19% +0.192 pp 0.00% +0.001 pp USD24.82 +0.0% 1 qtrs NEW
58 BANK OF NEW YORK MELLON CORP 198.6K -5.6K (-2.8%) 4.93M +1.6M (+48.8%) 0.19% -0.006 pp 0.00% +0.000 pp USD15.69 +58.2% 19 qtrs
59 HIGHVISTA STRATEGIES LLC 171.1K -37.0K (-17.8%) 4.25M +871.4K (+25.8%) 0.16% -0.036 pp 1.09% +0.266 pp USD19.58 +26.8% 6 qtrs
60 NUVEEN, LLC 169.5K -3.2K (-1.9%) 4.21M +1.4M (+50.1%) 0.16% -0.004 pp 0.00% +0.000 pp USD18.79 +32.1% 4 qtrs
61 DAFNA CAPITAL MANAGEMENT LLC 159.7K -54.0K (-25.3%) 3.96M +497.1K (+14.3%) 0.15% -0.052 pp 0.92% +0.064 pp USD9.92 +150.2% 16 qtrs
62 BALYASNY ASSET MANAGEMENT L.P. 151.9K +151.9K (+100.0%) 3.77M +3.8M (+100.0%) 0.14% +0.144 pp 0.00% +0.005 pp USD24.82 +0.0% 1 qtrs NEW
63 JPMORGAN CHASE & CO 146.0K +77.3K (+112.5%) 3.62M +2.5M (+225.1%) 0.14% +0.073 pp 0.00% +0.000 pp USD23.35 +6.3% 19 qtrs
64 SCHRODER INVESTMENT MANAGEMENT GROUP 145.3K -5.8K (-3.8%) 3.57M +1.2M (+49.9%) 0.14% -0.006 pp 0.00% +0.001 pp USD20.23 +22.7% 5 qtrs
65 NEUBERGER BERMAN GROUP LLC 127.1K -92.5K (-42.1%) 3.15M -407.8K (-11.4%) 0.12% -0.089 pp 0.00% 0.000 pp USD18.01 +37.8% 4 qtrs
66 MILLENNIUM MANAGEMENT LLC 126.4K -599.0K (-82.6%) 3.14M -8.6M (-73.3%) 0.12% -0.571 pp 0.00% -0.004 pp USD16.22 +53.0% 10 qtrs
67 JAIN GLOBAL LLC 113.9K +113.9K (+100.0%) 2.83M +2.8M (+100.0%) 0.11% +0.108 pp 0.01% +0.014 pp USD24.82 +0.0% 1 qtrs NEW
68 WELLINGTON MANAGEMENT GROUP LLP 111.4K -3.1K (-2.7%) 2.76M +906.4K (+48.8%) 0.11% -0.004 pp 0.00% +0.000 pp USD27.87 -10.9% 20 qtrs
69 QUANTUM PRIVATE WEALTH, LLC 106.0K +150.0 (+0.1%) 2.63M +913.7K (+53.2%) 0.10% 0.000 pp 0.77% +0.266 pp USD14.15 +75.4% 17 qtrs
70 SWISS NATIONAL BANK 103.9K +2.0K (+2.0%) 2.58M +925.5K (+56.0%) 0.10% +0.001 pp 0.00% +0.001 pp USD14.61 +69.9% 9 qtrs
71 EXOME ASSET MANAGEMENT LLC 100.0K -73.4K (-42.3%) 2.48M -330.5K (-11.7%) 0.09% -0.070 pp 1.19% -0.516 pp USD19.58 +26.8% 6 qtrs
72 UBS ASSET MANAGEMENT AMERICAS INC 98.1K -41.0K (-29.5%) 2.43M +177.0K (+7.8%) 0.09% -0.040 pp 0.00% +0.000 pp USD23.85 +4.1% 9 qtrs
73 ADAR1 CAPITAL MANAGEMENT, LLC 91.0K +51.0K (+127.5%) 2.26M +1.6M (+248.0%) 0.09% +0.048 pp 0.17% +0.105 pp USD21.63 +14.7% 8 qtrs
74 NEW YORK STATE COMMON RETIREMENT FUND 88.9K +5.5K (+6.6%) 2.21M +853.6K (+63.1%) 0.08% +0.005 pp 0.00% +0.001 pp USD18.30 +35.6% 19 qtrs
75 SG AMERICAS SECURITIES, LLC 88.7K +78.8K (+797.9%) 2.20M +2.0M (+1,276.3%) 0.08% +0.075 pp 0.00% +0.002 pp USD23.86 +4.0% 15 qtrs
76 ALPS ADVISORS INC 86.9K +35.8K (+70.1%) 2.16M +1.3M (+160.2%) 0.08% +0.034 pp 0.01% +0.008 pp USD18.51 +34.1% 13 qtrs
77 RHUMBLINE ADVISERS 85.1K -19.8K (-18.8%) 2.11M +410.8K (+24.2%) 0.08% -0.019 pp 0.00% +0.000 pp USD14.93 +66.2% 17 qtrs
78 FEDERATED HERMES, INC. 82.1K +22.8K (+38.5%) 2.04M +1.1M (+112.0%) 0.08% +0.021 pp 0.00% +0.002 pp USD16.37 +51.6% 7 qtrs
79 JUMP FINANCIAL, LLC 79.9K -910.0 (-1.1%) 1.98M +672.1K (+51.3%) 0.08% -0.001 pp 0.02% +0.009 pp USD13.11 +89.3% 6 qtrs
80 SUSQUEHANNA INTERNATIONAL GROUP, LLP 78.2K +1.7K (+2.2%) 1.94M +700.1K (+56.4%) 0.07% +0.001 pp 0.00% +0.000 pp USD18.24 +36.1% 7 qtrs
81 CAPTION MANAGEMENT, LLC 77.5K +77.5K (+100.0%) 1.92M +1.9M (+100.0%) 0.07% +0.074 pp 0.01% +0.013 pp USD24.82 +0.0% 1 qtrs NEW
82 WELLS FARGO & COMPANY/MN 75.4K +33.2K (+78.8%) 1.87M +1.2M (+173.5%) 0.07% +0.031 pp 0.00% +0.000 pp USD20.48 +21.2% 17 qtrs
83 INVESCO LTD. 75.4K +9.4K (+14.2%) 1.87M +800.6K (+74.7%) 0.07% +0.009 pp 0.00% +0.000 pp USD20.51 +21.0% 17 qtrs
84 CITADEL ADVISORS LLC 73.5K +27.4K (+59.4%) 1.82M +1.1M (+143.9%) 0.07% +0.026 pp 0.00% +0.000 pp USD23.63 +5.0% 13 qtrs
85 DEKABANK DEUTSCHE GIROZENTRALE 80.0K +— (+0.0%) 1.56M +16.0K (+1.0%) 0.08% 0.000 pp 0.00% +0.000 pp USD9.75 +154.6% 17 qtrs
86 SCHONFELD STRATEGIC ADVISORS LLC 59.3K +7.3K (+14.1%) 1.47M +628.9K (+74.6%) 0.06% +0.007 pp 0.01% +0.002 pp USD24.25 +2.4% 12 qtrs
87 DLD ASSET MANAGEMENT, LP 57.6K +57.6K (+100.0%) 1.43M +1.4M (+100.0%) 0.05% +0.055 pp 0.11% +0.106 pp USD24.82 +0.0% 1 qtrs NEW
88 PRICE T ROWE ASSOCIATES INC /MD/ 57.3K +5.9K (+11.5%) 1.42M +588.0K (+70.5%) 0.05% +0.005 pp 0.00% +0.000 pp USD21.64 +14.7% 16 qtrs
89 XTX TOPCO LTD 55.6K +55.6K (+100.0%) 1.38M +1.4M (+100.0%) 0.05% +0.053 pp 0.04% +0.036 pp USD24.82 +0.0% 3 qtrs
90 HIGHMARK WEALTH MANAGEMENT LLC 53.2K +— (+0.0%) 1.32M +457.1K (+53.0%) 0.05% 0.000 pp 0.54% +0.158 pp USD13.22 +87.7% 5 qtrs
91 LEGAL & GENERAL GROUP PLC 52.7K -3.2K (-5.7%) 1.31M +401.6K (+44.3%) 0.05% -0.003 pp 0.00% +0.000 pp USD17.81 +39.4% 19 qtrs
92 TWO SIGMA INVESTMENTS, LP 50.8K +24.6K (+93.6%) 1.26M +835.8K (+196.2%) 0.05% +0.023 pp 0.00% +0.001 pp USD20.38 +21.8% 10 qtrs
93 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 50.4K -401.0 (-0.8%) 1.25M +426.6K (+51.8%) 0.05% -0.001 pp 0.00% +0.000 pp USD14.44 +71.9% 19 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.60
Neutral
Ratio by volume
0.49
Bearish
Buys
3
Sells
5
Shares acquired
79.0K
Shares disposed
162.6K
Cash buys
Cash sales
3.00
Net activity
-83,553
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
2026-05-05 Donovan Joanne M. Officer M-Exempt D Stock Option (Right to Buy) 50,000 7.08 354.0K 75,000 D
2026-05-04 Donovan Joanne M. Officer S-Sale D Common Stock 5,230 31.29 163.7K 4,367 D
2026-04-01 Fox Jonathan C Director A-Award A Common Stock 339 0.00 24,514 D
2026-04-01 Donovan Joanne M. Officer M-Exempt D Stock Option (Right to Buy) 28,662 7.08 202.9K 125,000 D
2026-03-31 Donovan Joanne M. Officer M-Exempt D Stock Option (Right to Buy) 21,338 7.08 151.1K 153,662 D
2026-03-27 Donovan Joanne M. Officer S-Sale D Common Stock 9,623 30.98 298.1K 16,332 D
2026-01-21 Edris Badreddin Director M-Exempt D Stock Option (Right to Buy) 17,236 0.64 11.0K 0 D
2026-01-02 Fox Jonathan C Director A-Award A Common Stock 473 0.00 24,175 D
2025-11-19 Martin Christopher Nathan 0 0.00 0
2025-11-12 Russell Alan J Director / Officer M-Exempt D Stock Option (Right to Buy) 100,000 0.18 18.0K 1,147,365 D
2025-11-11 Fox Jonathan C Director P-Purchase A Common Stock 10,700 18.64 199.4K 23,702 D
2025-11-10 Nofi Michael Officer A-Award A Stock Options (Right to buy) 262,500 18.28 4.80M 262,500 D
2025-10-01 Fox Jonathan C Director A-Award A Common Stock 728 0.00 13,002 D
2025-08-26 Russell Alan J Director / Officer M-Exempt D Stock Option (Right to Buy) 100,000 0.18 18.0K 1,247,365 D
2025-08-12 Russell Alan J Director / Officer S-Sale D Common Stock 1,907 13.39 25.5K 23,400 D
2025-08-12 MOORE JOHN R Officer A-Award A Restricted Stock Units 26,875 0.00 26,875 D
2025-08-12 KOCH KEVIN Director / Officer A-Award A Stock Option (Right to Buy) 525,000 13.39 7.03M 525,000 D
2025-08-12 Donovan Joanne M. Officer M-Exempt D Restricted Stock Units 5,781 0.00 17,344 D
2025-08-12 Derakhshan Behrad Officer A-Award A Stock Option (Right to Buy) 180,000 13.39 2.41M 180,000 D
2025-08-12 Carruthers R Michael Officer A-Award A Restricted Stock Units 26,875 0.00 26,875 D
2025-08-12 Blaustein Robert Officer A-Award A Stock Options (Right to buy) 105,000 13.39 1.41M 105,000 D
2025-07-01 Fox Jonathan C Director A-Award A Common Stock 858 0.00 12,274 D
2025-06-16 Thompson Peter A. Director / 10% Owner A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-06-16 ROOT JONATHAN D Director A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-06-16 Morris Arlene Director A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-06-16 Fox Jonathan C Director A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-06-16 Edris Badreddin Director A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-06-16 Brege Laura Director A-Award A Stock Option (Right to Buy) 30,000 14.68 440.4K 30,000 D
2025-05-02 Russell Alan J Director / Officer S-Sale D Common Stock 1,551 16.45 25.5K 18,521 D
2025-05-02 MOORE JOHN R Officer S-Sale D Common Stock 1,930 16.45 31.8K 6,531 D
2025-05-02 KOCH KEVIN Director / Officer S-Sale D Common Stock 4,276 16.45 70.4K 20,619 D
2025-05-02 Donovan Joanne M. Officer S-Sale D Common Stock 5,187 16.45 85.3K 21,588 D
2025-05-02 Derakhshan Behrad Officer S-Sale D Common Stock 1,691 16.45 27.8K 20,355 D
2025-05-02 Carruthers R Michael Officer S-Sale D Common Stock 1,314 16.45 21.6K 81,014 D
2025-05-01 Russell Alan J Director / Officer M-Exempt D Restricted Stock Units 5,209 0.00 0 D
2025-05-01 MOORE JOHN R Officer M-Exempt A Common Stock 5,209 0.00 8,461 D
2025-05-01 KOCH KEVIN Director / Officer M-Exempt A Common Stock 10,417 0.00 24,895 D
2025-05-01 Donovan Joanne M. Officer M-Exempt A Common Stock 10,417 0.00 26,775 D
2025-05-01 Derakhshan Behrad Officer M-Exempt A Common Stock 5,209 0.00 22,046 D
2025-05-01 Carruthers R Michael Officer M-Exempt A Common Stock 5,209 0.00 82,328 D
2025-04-03 Thompson Peter A. Director / 10% Owner P-Purchase A Common Stock 124,193 20.13 2.50M 443,792 I
2025-04-03 ORBIMED ADVISORS LLC Director / 10% Owner P-Purchase A Common Stock 372,578 20.13 7.50M 14,809,075 I
2025-04-01 Fox Jonathan C Director A-Award A Common Stock 559 0.00 11,416 D
2025-03-07 Russell Alan J Director / Officer M-Exempt D Stock Option (Right to Buy) 200 0.18 36.00 1,456,580 D
2025-03-07 KOCH KEVIN Director / Officer M-Exempt D Stock Option (Right to Buy) 100 0.18 18.00 41,545 D
2025-02-06 Russell Alan J Director / Officer M-Exempt A Common Stock 1,200 0.18 216.00 16,063 D
2025-02-06 KOCH KEVIN Director / Officer M-Exempt D Stock Option (Right to Buy) 900 0.18 162.00 41,645 D
2025-02-05 Russell Alan J Director / Officer M-Exempt A Common Stock 8,015 0.18 1.4K 22,878 D
2025-02-05 KOCH KEVIN Director / Officer S-Sale D Common Stock 8,636 30.03 259.3K 14,478 D
2025-02-05 Derakhshan Behrad Officer M-Exempt A Common Stock 10,000 1.93 19.3K 26,837 D
2025-01-28 Donovan Joanne M. Officer M-Exempt D Stock Option (Right to Buy) 25,000 7.08 177.0K 175,000 D
2025-01-21 Blaustein Robert Officer A-Award A Stock Options (Right to buy) 160,000 27.39 4.38M 160,000 D
2024-12-30 Russell Alan J Director / Officer M-Exempt D Stock Option (Right to Buy) 100,000 0.18 18.0K 1,356,780 D
2024-12-24 Semigran Marc Officer S-Sale D Common Stock 27,980 29.66 829.9K 8,445 D
2024-10-11 Carruthers R Michael Officer M-Exempt D Stock Option (Right to Buy) 70,000 0.71 49.7K 127,122 D
2024-09-23 MOORE JOHN R Officer M-Exempt D Stock Option (Right to Buy) 20,922 0.71 14.9K 41,636 D
2024-09-20 Russell Alan J Director / Officer S-Sale D Common Stock 815 29.51 24.0K 12,719 D
2024-09-20 MOORE JOHN R Officer S-Sale D Common Stock 50,000 28.37 1.42M 3,252 D
2024-09-20 Donovan Joanne M. Officer S-Sale D Common Stock 7,162 28.29 202.6K 14,538 D
2024-09-20 Derakhshan Behrad Officer M-Exempt A Common Stock 42,068 1.93 81.2K 57,189 D
2024-09-20 Carruthers R Michael Officer S-Sale D Common Stock 50,000 28.55 1.43M 6,904 D
2024-08-12 Semigran Marc Officer A-Award A Restricted Stock Units 23,125 0.00 23,125
2024-08-12 Russell Alan J Director / Officer A-Award A Restricted Stock Units 23,125 0.00 23,125
2024-08-12 MOORE JOHN R Officer A-Award A Restricted Stock Units 23,125 0.00 23,125
2024-08-12 KOCH KEVIN Director / Officer A-Award A Restricted Stock Units 71,875 0.00 71,875
2024-08-12 Donovan Joanne M. Officer A-Award A Stock Option (Right to Buy) 138,750 17.05 2.37M 138,750
2024-08-12 Derakhshan Behrad Officer A-Award A Stock Option (Right to Buy) 138,750 17.05 2.37M 138,750
2024-08-12 Carruthers R Michael Officer A-Award A Stock Option (Right to Buy) 138,750 17.05 2.37M 138,750
2024-06-10 Thompson Peter A. Director / 10% Owner A-Award A Stock Options (Right to buy) 20,594 17.13 352.8K 20,594
2024-06-10 ROOT JONATHAN D Director A-Award A Stock Option (Right to Buy) 20,594 17.13 352.8K 20,594
2024-06-10 Morris Arlene Director A-Award A Stock Option (Right to Buy) 20,594 17.13 352.8K 20,594
2024-06-10 Fox Jonathan C Director A-Award A Stock Option (Right to Buy) 20,594 17.13 352.8K 20,594
2024-06-10 Edris Badreddin Director A-Award A Stock Option (Right to Buy) 20,594 17.13 352.8K 20,594
2024-06-10 Brege Laura Director A-Award A Stock Option (Right to Buy) 20,594 17.13 352.8K 20,594
2024-05-06 Morris Arlene Director A-Award A Stock Options (Right to buy) 34,311 20.34 697.9K 34,311
2024-05-02 Russell Alan J Director / Officer S-Sale D Common Stock 1,576 18.91 29.8K 7,238
2024-05-02 MOORE JOHN R Officer S-Sale D Common Stock 1,956 18.91 37.0K 3,252
2024-05-02 KOCH KEVIN Director / Officer S-Sale D Common Stock 3,152 18.91 59.6K 14,478
2024-05-02 Donovan Joanne M. Officer S-Sale D Common Stock 3,682 18.91 69.6K 19,897
2024-05-02 Derakhshan Behrad Officer S-Sale D Common Stock 1,718 18.91 32.5K 13,422
2024-05-02 Carruthers R Michael Officer S-Sale D Common Stock 2,157 18.91 40.8K 35,230
2024-05-01 Russell Alan J Director / Officer M-Exempt D Restricted Stock Units 5,208 0.00 5,209
2024-05-01 MOORE JOHN R Officer M-Exempt D Restricted Stock Units 5,208 0.00 5,209
2024-05-01 KOCH KEVIN Director / Officer M-Exempt D Restricted Stock Units 10,417 0.00 10,417
2024-05-01 Donovan Joanne M. Officer M-Exempt D Restricted Stock Units 10,417 0.00 10,417
2024-05-01 Derakhshan Behrad Officer M-Exempt D Restricted Stock Units 5,208 0.00 5,209
2024-05-01 Carruthers R Michael Officer M-Exempt A Common Stock 5,208 0.00 37,387
2024-02-09 MOORE JOHN R Officer S-Sale D Common Stock 8,029 20.01 160.7K 0
2024-02-09 Derakhshan Behrad Officer S-Sale D Common Stock 4,800 20.04 96.2K 7,020
2024-02-08 MOORE JOHN R Officer M-Exempt A Common Stock 3,813 1.93 7.4K 3,813
2024-02-08 Derakhshan Behrad Officer M-Exempt A Common Stock 4,600 1.93 8.9K 11,620
2024-02-07 MOORE JOHN R Officer M-Exempt A Common Stock 17,993 1.93 34.7K 17,993
2024-02-07 Derakhshan Behrad Officer S-Sale D Common Stock 600 20.00 12.0K 7,020
2024-01-23 Thompson Peter A. Director / 10% Owner P-Purchase A Common Stock 454,545 11.00 5.00M 14,436,497
2024-01-23 ORBIMED ADVISORS LLC Director / 10% Owner P-Purchase A Common Stock 454,545 11.00 5.00M 14,436,497
2024-01-23 Carruthers R Michael Officer M-Exempt D Stock Option (Right to Buy) 90,000 1.93 173.7K 137,058
2023-12-27 MOORE JOHN R Officer S-Sale D Common Stock 8,497 10.50 89.2K 0
2023-12-26 Russell Alan J Director / Officer S-Sale D Common Stock 172,585 9.33 1.61M 3,606
2023-12-26 Fox Jonathan C Director P-Purchase A Common Stock 10,857 9.30 101.0K 10,857
2023-08-17 Semigran Marc Officer A-Award A Stock Option (Right to Buy) 133,333 7.08 944.0K 133,333
2023-08-17 Russell Alan J Director / Officer A-Award A Stock Option (Right to Buy) 200,000 7.08 1.42M 200,000
2023-08-17 MOORE JOHN R Officer A-Award A Stock Option (Right to Buy) 200,000 7.08 1.42M 200,000
2023-08-17 KOCH KEVIN Director / Officer A-Award A Stock Option (Right to Buy) 600,000 7.08 4.25M 600,000
2023-08-17 Donovan Joanne M. Officer A-Award A Stock Option (Right to Buy) 200,000 7.08 1.42M 200,000
2023-08-17 Derakhshan Behrad Officer A-Award A Stock Option (Right to Buy) 220,000 7.08 1.56M 220,000
2023-08-17 Carruthers R Michael Officer A-Award A Stock Option (Right to Buy) 200,000 7.08 1.42M 200,000
2023-06-22 Carruthers R Michael Officer M-Exempt D Stock Options (Right to buy) 10,000 0.71 7.1K 197,122
2023-06-12 Thompson Peter A. Director / 10% Owner A-Award A Stock Option (Right to Buy) 22,123 9.55 211.3K 22,123
2023-06-12 ROOT JONATHAN D Director A-Award A Stock Option (Right to Buy) 22,123 9.55 211.3K 22,123
2023-06-12 Fox Jonathan C Director A-Award A Stock Option (Right to Buy) 22,123 9.55 211.3K 22,123
2023-06-12 Edris Badreddin Director A-Award A Stock Option (Right to Buy) 22,123 9.55 211.3K 22,123
2023-06-12 Brege Laura Director A-Award A Stock Option (Right to Buy) 22,123 9.55 211.3K 22,123
2023-05-02 Russell Alan J Director / Officer S-Sale D Common Stock 1,602 8.90 14.3K 176,191
2023-05-02 MOORE JOHN R Officer S-Sale D Common Stock 1,897 8.90 16.9K 6,565
2023-05-02 KOCH KEVIN Director / Officer S-Sale D Common Stock 3,203 8.90 28.5K 7,213
2023-05-02 Donovan Joanne M. Officer S-Sale D Common Stock 3,254 8.90 29.0K 9,960
2023-05-02 Derakhshan Behrad Officer S-Sale D Common Stock 1,747 8.90 15.6K 7,020
2023-05-02 Carruthers R Michael Officer S-Sale D Common Stock 1,336 8.90 11.9K 16,126
2023-05-01 Russell Alan J Director / Officer M-Exempt D Restricted Stock Units 5,208 0.00 10,417
2023-05-01 MOORE JOHN R Officer M-Exempt A Common Stock 5,208 0.00 8,462
2023-05-01 KOCH KEVIN Director / Officer M-Exempt A Common Stock 10,416 0.00 10,416
2023-05-01 Donovan Joanne M. Officer M-Exempt A Common Stock 10,416 0.00 13,214
2023-05-01 Derakhshan Behrad Officer M-Exempt A Common Stock 5,208 0.00 8,767
2023-05-01 Carruthers R Michael Officer M-Exempt D Restricted Stock Units 5,208 0.00 10,417
2023-03-03 Fox Jonathan C A-Award A Stock Option (Right to Buy) 43,731 9.43 412.4K 43,731
2023-03-02 Fox Jonathan C 0 0.00 0
2022-12-30 Semigran Marc Director / Officer A-Award A Stock Option (Right to Buy) 300,000 0.00 300,000
2022-12-19 Semigran Marc 0 0.00 0
2022-10-03 MOORE JOHN R Director S-Sale D Common Stock 4,730 9.76 46.2K 3,000
2022-09-16 Thompson Peter A. Director / 10% Owner P-Purchase A Common Stock 484,496 10.32 5.00M 13,981,952
2022-09-16 ORBIMED ADVISORS LLC Director / 10% Owner P-Purchase A Common Stock 484,496 10.32 5.00M 13,981,952
2022-09-14 Novo Holdings A/S 10% Owner P-Purchase A COMMON STOCK 484,496 10.32 5.00M 6,071,703
2022-09-06 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 4,730 0.00 127,727
2022-08-08 Russell Alan J Director / Officer A-Award A Stock Option (Right to Buy) 220,000 0.00 220,000
2022-08-08 MOORE JOHN R Director A-Award A Stock Option (Right to Buy) 200,000 0.00 200,000
2022-08-08 KOCH KEVIN Director A-Award A Stock Option (Right to Buy) 550,000 0.00 550,000
2022-08-08 Donovan Joanne M. Director A-Award A Stock Option (Right to Buy) 240,000 0.00 240,000
2022-08-08 Derakhshan Behrad Director / Officer A-Award A Stock Option (Right to Buy) 200,000 0.00 200,000
2022-08-08 Carruthers R Michael Director / Officer A-Award A Stock Option (Right to Buy) 200,000 0.00 200,000
2022-08-03 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 4,502 0.00 112,558
2022-07-05 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 1,046 0.00 137,187
2022-06-24 Thompson Peter A. Director A-Award A Stock Option (Right to Buy) 42,087 0.00 42,087
2022-06-24 ROOT JONATHAN D Director A-Award A Stock Option (Right to Buy) 42,087 8.53 359.0K 42,087
2022-06-24 Edris Badreddin Director A-Award A Stock Option (Right to Buy) 42,087 8.53 359.0K 42,087
2022-06-24 Brege Laura Director A-Award A Stock Option (Right to Buy) 42,087 8.53 359.0K 42,087
2022-06-16 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 17,570 0.00 141,917
2022-06-13 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 585 0.00 196,336
2022-06-08 MOORE JOHN R Director S-Sale D Common Stock 7,125 6.05 43.1K 3,000
2022-06-03 MOORE JOHN R Director M-Exempt D Stock Option (Right to Buy) 13,934 0.00 197,894
2022-05-23 Carruthers R Michael Director / Officer M-Exempt D Stock Option (Right to Buy) 9,000 0.71 6.4K 207,122
2022-05-18 Thompson Peter A. Director P-Purchase A Common Stock 138,000 7.21 995.0K 13,497,456
2022-05-18 OrbiMed Genesis GP LLC Director P-Purchase A Common Stock 138,000 7.21 995.0K 13,497,456
2022-05-18 ORBIMED ADVISORS LLC Director / 10% Owner P-Purchase A Common Stock 138,000 7.21 995.0K 13,497,456
2022-05-16 MOORE JOHN R Director S-Sale D Common Stock 10,800 7.42 80.1K 3,000
2022-05-01 Russell Alan J Director / Officer A-Award A Restricted Stock Units 15,625 0.00 15,625
2022-05-01 MOORE JOHN R Director A-Award A Restricted Stock Units 15,625 0.00 15,625
2022-05-01 KOCH KEVIN Director A-Award A Restricted Stock Units 31,250 0.00 31,250
2022-05-01 Donovan Joanne M. Director A-Award A Restricted Stock Units 31,250 0.00 31,250
2022-05-01 Derakhshan Behrad Director / Officer A-Award A Restricted Stock Units 15,625 0.00 15,625
2022-05-01 Carruthers R Michael Director / Officer A-Award A Restricted Stock Units 15,625 0.00 15,625
2022-02-25 ROOT JONATHAN D Director J-Other D Common Stock 3,473,543 0.00 0
2022-01-21 MOORE JOHN R M-Exempt D Stock Option (Right to Buy) 5,400 0.71 3.8K 205,322
2021-12-28 MOORE JOHN R M-Exempt D Stock Option (Right to Buy) 5,400 0.71 3.8K 210,722
2021-11-30 Russell Alan J M-Exempt A Common Stock 25,000 0.45 11.3K 172,585
2021-11-15 Russell Alan J S-Sale D Common Stock 441 19.07 8.4K 38
2021-11-12 Russell Alan J S-Sale D Common Stock 8,562 19.51 167.1K 479
2021-11-11 Russell Alan J S-Sale D Common Stock 15,595 19.82 309.0K 12,722
2021-11-10 Russell Alan J S-Sale D Common Stock 580 20.21 11.7K 28,317
2021-11-09 Russell Alan J S-Sale D Common Stock 12,712 20.30 258.0K 40,643
2021-11-08 Russell Alan J S-Sale D Common Stock 9,017 20.16 181.8K 70,219
2021-11-05 Russell Alan J S-Sale D Common Stock 6 20.70 124.20 92,272
2021-11-04 Russell Alan J S-Sale D Common Stock 7,392 19.76 146.1K 92,278
2021-11-03 Russell Alan J S-Sale D Common Stock 20,822 17.98 374.4K 105,032
2021-11-02 Russell Alan J S-Sale D Common Stock 17,519 17.43 305.4K 125,854
2021-11-01 Russell Alan J S-Sale D Common Stock 469 18.02 8.5K 143,373
2021-10-15 Russell Alan J S-Sale D Common Stock 126 18.00 2.3K 143,842
2021-10-14 Russell Alan J S-Sale D Common Stock 5,749 18.18 104.5K 145,275
2021-10-11 Russell Alan J S-Sale D Common Stock 1,270 18.02 22.9K 151,024
2021-10-08 Russell Alan J S-Sale D Common Stock 5,902 18.15 107.1K 152,294
2021-10-07 Russell Alan J S-Sale D Common Stock 13,018 18.56 241.6K 158,196
2021-10-06 Russell Alan J S-Sale D Common Stock 2,108 18.03 38.0K 171,214
2021-10-05 Russell Alan J S-Sale D Common Stock 5,404 18.26 98.7K 173,322
2021-10-04 Russell Alan J S-Sale D Common Stock 100 18.00 1.8K 178,726
2021-10-01 Russell Alan J S-Sale D Common Stock 274 18.00 4.9K 178,826
2021-09-29 Russell Alan J S-Sale D Common Stock 11,226 16.83 188.9K 179,718
2021-09-28 Russell Alan J S-Sale D Common Stock 14,610 17.30 252.8K 190,944
2021-09-27 Russell Alan J S-Sale D Common Stock 11,594 17.98 208.5K 205,571
2021-09-24 Russell Alan J S-Sale D Common Stock 20,100 18.16 365.0K 217,165
2021-09-23 Russell Alan J S-Sale D Common Stock 5,072 19.42 98.5K 237,265
2021-08-17 Russell Alan J A-Award A Stock Option (Right to Buy) 120,000 16.38 1.97M 120,000
2021-08-17 MOORE JOHN R A-Award A Stock Option (Right to Buy) 120,000 16.38 1.97M 120,000
2021-08-17 KOCH KEVIN A-Award A Stock Option (Right to Buy) 400,000 16.38 6.55M 400,000
2021-08-17 Donovan Joanne M. A-Award A Stock Option (Right to Buy) 160,000 16.38 2.62M 160,000
2021-08-17 Derakhshan Behrad A-Award A Stock Option (Right to Buy) 140,000 16.38 2.29M 140,000
2021-08-17 Carruthers R Michael A-Award A Stock Option (Right to Buy) 120,000 16.38 1.97M 120,000
2021-04-30 Donovan Joanne M. A-Award A Stock Option (Right to Buy) 160,000 28.64 4.58M 160,000
2021-04-26 Donovan Joanne M. 0 0.00 0
2021-03-30 Wellington Biomedical Innovation Master Investors (Cayman) I L.P. 10% Owner C-Conversion A Common Stock 681,812 0.00 681,812
2021-03-30 Thompson Peter A. Director / 10% Owner C-Conversion D Series C Preferred Stock 272,724 0.00 0
2021-03-30 ROOT JONATHAN D Director C-Conversion A Common Stock 3,473,543 0.00 3,473,543

Executive team

Top executives
Shares Outstanding
107.27M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Kevin Koch, Ph.D. President and Chief Executive Officer 670.0K 1.17M 5.04M 462.3K 14.0K 7.36M 84.42%
2 2025 Former Chief Development Officer 525.0K 999.5K 2.80M 227.6K 14.0K 4.57M 83.22%
3 2025 Chief Financial Officer 67.8K 799.8K 3.39M 29.9K 4.28M 97.72%
4 2025 Behrad Derakhshan, Ph.D. Chief Operating Officer ​ 520.0K 401.7K 1.73M 269.1K 14.0K 2.93M 72.62%
5 2025 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer ​ 530.4K 376.6K 1.62M 244.0K 14.0K 2.79M 71.70%
6 2025 Co-Founder and 499.6K 376.6K 1.62M 229.8K 8.5K 2.73M 73.02%
7 2025 Former Chief Financial Officer 465.7K 392.7K 1.50M 214.2K 14.0K 2.59M 73.18%
8 2024 Kevin Koch, Ph.D. President and Chief Executive Officer 618.7K 1.23M 5.30M 442.4K 13.8K 7.60M 85.86%
9 2024 Kevin Koch, Ph.D. President and Chief Executive Officer 618.7K 1.23M 5.30M 442.4K 13.8K 7.60M 85.86%
10 2024 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer ​ 507.5K 394.3K 1.71M 303.5K 13.8K 2.92M 71.80%
11 2024 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer 507.5K 394.3K 1.71M 303.5K 13.8K 2.92M 71.80%
12 2024 Behrad Derakhshan, Ph.D. Chief Operating Officer 478.4K 394.3K 1.71M 311.0K 7.2K 2.90M 72.50%
13 2024 Behrad Derakhshan, Ph.D. Chief Operating Officer ​ 478.4K 394.3K 1.71M 311.0K 7.2K 2.90M 72.50%
14 2023 Kevin Koch, Ph.D. President and Chief Executive Officer 594.9K 3.07M 297.4K 13.2K 3.98M 77.22%
15 2023 Kevin Koch, Ph.D. President and Chief Executive Officer 594.9K 3.07M 297.4K 13.2K 3.98M 77.22%
16 2023 Behrad Derakhshan, Ph.D. Chief Business Officer 446.7K 1.13M 184.0K 1.76M 64.09%
17 2023 Behrad Derakhshan, Ph.D. Chief Operating Officer 446.7K 1.13M 184.0K 1.76M 64.09%
18 2023 Behrad Derakhshan, Ph.D. Chief Operating Officer ​ 446.7K 1.13M 184.0K 1.76M 64.09%
19 2023 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer ​ 488.0K 1.02M 195.2K 13.2K 1.72M 59.44%
20 2023 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer 488.0K 1.02M 195.2K 13.2K 1.72M 59.44%
21 2022 Kevin Koch, Ph.D. President and Chief Executive Officer 572.0K 249.4K 4.19M 328.9K 12.2K 5.36M 82.95%
22 2022 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer 468.0K 249.4K 1.83M 215.3K 12.2K 2.77M 74.93%
23 2022 Alan J. Russell, Ph.D. Co-Founder and Chief Scientific Officer 442.0K 124.7K 1.68M 203.3K 12.2K 2.46M 73.26%
24 2022 Behrad Derakhshan, Ph.D. Chief Business Officer 416.0K 124.7K 1.52M 191.4K 2.26M 73.09%
25 2021 Joanne M. Donovan, M.D., Ph.D. Chief Medical Officer 308.5K 4.72M 141.2K 3.8K 5.17M 91.23%
26 2021 Kevin Koch, Ph.D. President and Chief Executive Officer 524.5K 4.27M 316.3K 4.6K 5.12M 83.48%
27 2021 Behrad Derakhshan, Ph.D. Chief Business Officer 388.2K 1.50M 184.0K 3.3K 2.07M 72.21%
28 2021 Alan J. Russell, Ph.D. Co-Founder and Chief Scientific Officer 410.6K 1.28M 195.5K 3.5K 1.89M 67.77%
29 2020 Kevin Koch, Ph.D. President and Chief Executive Officer 425.0K 1.01M 255.0K 1.69M 59.76%
30 2020 Behrad Derakhshan, Ph.D. Chief Business Officer 110.8K 330.1K 36.3K 477.2K 69.17%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-23 DEFA14A
2026-04-23 DEF 14A
2025-05-14 DEFA14A
2025-04-29 DEFA14A
2025-04-29 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 S-8
2026-05-07 8-K
2026-05-07 10-Q
2026-05-05 4
2026-04-27 SC 13D/A
2026-04-23 DEFA14A
2026-04-23 DEF 14A
2026-04-23 ARS
2026-04-03 4
2026-04-02 4

Executive team

NameTitleCompensationGender
Kevin Koch President, Chief Executive Officer & Director 1M
Behrad Derakhshan Chief Operating Officer 803.1K
Joanne Donovan Chief Medical Officer 788.3K
Alan J. Russell Co-Founder, Chief Scientific Officer & Director 737.9K
Michael Nofi Chief Financial Officer 97.7K male
Peter A. Thompson FACP Co-Founder & Independent Chairman 80.0K
Badreddin Edris Co-Founder & Independent Director 55.0K
Robert Blaustein Chief Development Officer
John R. Moore General Counsel male
ESG Rating
B
BIOTECHNOLOGY
Rank: 184 out of 638
2026
E (Environmental)
64.1 / 56.3
Company / Sector avg.
S (Social)
64.6 / 62.4
Company / Sector avg.
G (Governance)
62.8 / 60.9
Company / Sector avg.
ESG Total
63.8 / 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)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits