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Fulcrum Therapeutics, Inc. (FULC)

USD3.55 -0.04 (-1.25%)
US NASDAQ Healthcare Biotechnology
Address 26 Landsdowne Street 2139
Cambridge, MA, US
CEO Alexander C. Sapir
IPO 2019-07-18
CIK 1680581 ISIN US3596161097

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Description

Fulcrum Therapeutics, Inc. is a clinical-stage biopharmaceutical firm committed to developing life-improving treatments for patients in the United States afflicted by genetically defined diseases with significant unmet medical needs. Its leading investigational therapies include losmapimod, a small molecule targeting facioscapulohumeral muscular dystrophy, and FTX-6058, an orally administered fetal hemoglobin inducer for sickle cell disease and related hemoglobinopathies, such as beta-thalassemia. Beyond these, Fulcrum is actively engaged in discovering new drug targets for various rare conditions, encompassing neuromuscular, muscular, central nervous system, and hematologic disorders, alongside cardiomyopathies and pulmonary diseases. The company has established key collaborations, notably a research and discovery partnership with Acceleron Pharma Inc. to identify biological targets within the pulmonary disease area, and a strategic licensing and development agreement with MyoKardia, Inc. focused on novel targeted therapies for genetic cardiomyopathies. Incorporated in 2015, Fulcrum Therapeutics, Inc. maintains its headquarters in Cambridge, Massachusetts.

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
USD3.55 -0.04 (-1.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
2.92
Float Shares
48.00M
Free Float %
88.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.47% +5.17% -2.95% -17.42% -36.75% -38.82% +0.58% +139.45% -20.82% -48.74% -48.74%
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
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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 (16 ratings, all time) Buy
Price Targets & DCF
Current price
3.55
Low 10.00 +182.1%
Consensus 20.67 +483.0%
Median 23.50 +562.8%
High 25.00 +605.2%
DCF (Unlevered) 3.01 -15.1%
DCF (Levered) 3.02 -14.9%

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) 80% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 6 0
Hold 1 0
Sell 0 0
Strong Sell 1 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 12
18.50
+421.8%
All Time 26
14.77
+316.6%
Quality scores
Altman Z-Score
14.20
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 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
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    -100.0%
  • EPS growth Biotechnology: +29.7%
    -637.5% Q1'26: +10.7% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
  • EBIT margin Biotechnology: +0.0%
  • ROIC Biotechnology: -16.1%
    -2,387.0% Q1'26: -1,516.0% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +2.2% Q1'26: +22.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.09× Q1'26: -0.07× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (3.01) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3.01 Current price: 3.55
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 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
10 EPS Ana.
Dec 2027
9 Rev. Ana.
9 EPS Ana.
Dec 2028
6 Rev. Ana.
6 EPS Ana.
Dec 2029
5 Rev. Ana.
4 EPS Ana.
Dec 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
8.82M
est: 5.69M (+55.1%)
19.16M
est: 14.39M (+33.2%)
6.34M
est: 7.35M (-13.7%)
2.81M
est: 81.63M (-96.6%)
80.00M
est: 80.47M (-0.6%)
est: 28.06M (-100.0%)
311.9K
311.9K – 311.9K
-98.9% YoY
361.24M
361.24M – 361.24M
+115,722.9% YoY
51.68M
51.68M – 51.68M
-85.7% YoY
130.73M
130.73M – 130.73M
+153.0% YoY
222.74M
222.74M – 222.74M
+70.4% YoY
EBITDA
-69.23M
est: -4.81M (-1,339.5%)
-78.54M
est: -12.16M (-545.6%)
-109.72M
est: -6.21M (-1,666.2%)
-108.49M
est: -36.37M (-198.3%)
-18.24M
est: -35.86M (+49.1%)
-73.49M
est: -12.50M (-487.8%)
-139.0K
-139.0K – -139.0K
+98.9% YoY
-160.97M
-160.97M – -160.97M
-115,723.7% YoY
-23.03M
-23.03M – -23.03M
+85.7% YoY
-58.25M
-58.25M – -58.25M
-153.0% YoY
-99.25M
-99.25M – -99.25M
-70.4% YoY
EBIT
-71.61M
est: -4.83M (-1,381.9%)
-81.05M
est: -12.22M (-563.2%)
-112.13M
est: -6.24M (-1,696.6%)
-110.66M
est: -36.70M (-201.5%)
-19.83M
est: -36.18M (+45.2%)
-74.88M
est: -12.61M (-493.6%)
-140.2K
-140.2K – -140.2K
+98.9% YoY
-162.41M
-162.41M – -162.41M
-115,722.9% YoY
-23.23M
-23.23M – -23.23M
+85.7% YoY
-58.77M
-58.77M – -58.77M
-153.0% YoY
-100.14M
-100.14M – -100.14M
-70.4% YoY
Net Income
-70.82M
est: -173.35M (+59.1%)
-80.85M
est: -152.81M (+47.1%)
-109.87M
est: -149.63M (+26.6%)
-97.34M
est: -20.68M (-370.6%)
-9.73M
est: -9.10M (-6.8%)
-74.88M
est: -76.12M (+1.6%)
-87.23M
-88.78M – -65.32M
-14.6% YoY
-102.94M
-108.54M – -58.79M
-18.0% YoY
-76.42M
-126.09M – 28.26M
+25.8% YoY
-6.97M
-6.97M – -6.97M
+90.9% YoY
50.53M
50.53M – 50.53M
+825.0% YoY
SGA
21.39M
est: 29.46M (-27.4%)
30.52M
est: 74.52M (-59.1%)
41.69M
est: 38.06M (+9.6%)
41.67M
est: 399.61M (-89.6%)
36.45M
est: 393.95M (-90.7%)
28.67M
est: 137.35M (-79.1%)
1.53M
1.53M – 1.53M
-98.9% YoY
1.77B
1.77B – 1.77B
+115,722.9% YoY
252.99M
252.99M – 252.99M
-85.7% YoY
639.98M
639.98M – 639.98M
+153.0% YoY
1.09B
1.09B – 1.09B
+70.4% YoY
EPS
-2.70
est: -2.80 (+3.5%)
-2.22
est: -2.47 (+9.9%)
-2.35
est: -2.41 (+2.7%)
-1.59
est: -0.33 (-387.0%)
-0.16
est: -0.15 (-7.9%)
-1.18
est: -1.16 (-1.4%)
-1.16
-1.40 – -1.03
+0.2% YoY
-1.32
-1.71 – -0.93
-13.3% YoY
-1.02
-1.99 – 0.45
+22.4% YoY
-0.11
-0.11 – -0.11
+89.2% YoY
0.80
0.80 – 0.80
+825.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C+ 2/5 3/5 1/5 1/5 4/5 1/5 3/5
2026-05-27 C+ 2/5 3/5 1/5 1/5 4/5 1/5 3/5
2026-05-26 C+ 2/5 3/5 1/5 1/5 4/5 1/5 3/5
2026-05-22 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-21 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-20 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-19 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-18 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-15 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-14 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-13 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-12 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-11 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-08 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-07 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-06 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-05 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-04 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-05-01 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-04-30 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-04-29 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-04-28 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-04-27 C+ 2/5 3/5 1/5 1/5 3/5 1/5 3/5
2026-04-24 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-165.22M
OE per share TTM
-2.59
Owner's Yield
-31.33%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
127.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
174
Total invested
550.14M
Insider transactions (90d)
1
Beneficial owners (>5%)
36
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Peter Kolchinsky 7.00M 13.45% 7.00M HC, IN United States of America 2022-08-26
2 RA Capital Healthcare Fund, L.P. 7.00M 13.45% 7.00M PN Delaware 2022-08-26
3 RA Capital Management, L.P. 7.00M 13.45% 7.00M IA, PN Delaware 2022-08-26
4 Rajeev Shah 7.00M 13.45% 7.00M HC, IN United States of America 2022-08-26
5 (1) BlackRock, Inc. 5.58M 10.30% 5.42M 5.58M HC Delaware 2024-12-06
6 Chen Yu 5.00M 9.40% 5.00M 5.00M IN Delaware 2024-09-20
7 TCG Crossover Fund II, L.P. 5.00M 9.40% 5.00M 5.00M PN Delaware 2024-09-20
8 TCG Crossover GP II, LLC 5.00M 9.40% 5.00M 5.00M OO Delaware 2024-09-20
9 Mark Levin 4.05M 10.00% 84.2K 3.96M 84.2K 3.96M IN 2022-02-14
10 Robert I. Tepper 4.05M 10.00% 84.2K 3.96M 84.2K 3.96M IN 2022-02-14
11 Kevin P. Starr 4.05M 10.00% 84.2K 3.96M 84.2K 3.96M IN 2022-02-14
12 TRV GP III, LLC 3.96M 9.80% 3.96M 3.96M OO 2022-02-14
13 Third Rock Ventures GP III, L.P. 3.96M 9.80% 3.96M 3.96M PN 2022-02-14
14 Third Rock Ventures III, L.P. 3.96M 9.80% 3.96M 3.96M PN 2022-02-14
15 Adage Capital Advisors, L.L.C. 3.47M 5.63% 3.47M OO Delaware 2023-03-06
16 Adage Capital Partners GP, L.L.C. 3.47M 5.63% 3.47M OO Delaware 2023-03-06
17 Adage Capital Partners, L.P. 3.47M 5.63% 3.47M PN Delaware 2023-03-06
18 Phillip Gross 3.47M 5.63% 3.47M IN United States 2023-03-06
19 Robert Atchinson 3.47M 5.63% 3.47M IN United States 2023-03-06
20 Aaron Cowen 2.38M 5.90% 2.38M 2.38M HC, IN 2022-02-11
21 Averill Master Fund, Ltd. 2.38M 5.90% 2.38M 2.38M CO 2022-02-11
22 Suvretta Capital Management, LLC 2.38M 5.90% 2.38M 2.38M IA, OO 2022-02-11
23 TRV GP IV, LLC 2.34M 5.80% 2.34M 2.34M OO 2022-02-14
24 Third Rock Ventures GP IV, L.P. 2.34M 5.80% 2.34M 2.34M PN 2022-02-14
25 Third Rock Ventures IV, L.P. 2.34M 5.80% 2.34M 2.34M PN 2022-02-14
26 RTW Investments, LP 2.07M 7.54% 2.07M 2.07M IA, PN, OO OR PLACE OF ORGANIZATION 2021-02-12
27 Roderick Wong 2.07M 7.54% 2.07M 2.07M HC, IN OR PLACE OF ORGANIZATION 2021-02-12
28 Steven A. Cohen 2.07M 4.00% 2.07M 2.07M IN Citizenship or place of organization United States 2022-06-22
29 GlaxoSmithKline plc 1.79M 4.50% 1.79M 1.79M 1.79M CO England and Wales 2021-09-27
30 Point72 Asset Management, L.P. 1.75M 4.00% 1.75M 1.75M PN Citizenship or place of organization Delaware 2022-06-22
31 Point72 Capital Advisors, Inc. 1.75M 4.00% 1.75M 1.75M CO Citizenship or place of organization Delaware 2022-06-22
32 Abigail P. Johnson 1.72M 2.76% 1.72M IN Delaware 2024-10-07
33 FMR LLC 1.72M 2.76% 1.72M 1.72M HC Delaware 2024-10-07
34 RTW Master Fund, Ltd. 1.44M 5.24% 1.44M 1.44M CO OR PLACE OF ORGANIZATION 2021-02-12
35 Cubist Systematic Strategies, LLC 313.6K 4.00% 313.6K 313.6K OO Citizenship or place of organization Delaware 2022-06-22
36 Point72 Hong Kong Limited 4.3K 4.00% 4.3K 4.3K OO Citizenship or place of organization Hong Kong 2022-06-22

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
174
-4 vs prev Q
New positions
36
Closed positions
40
Increased
109
Reduced
39
Put/Call ratio
0.25
Calls held
571.0K
Puts held
142.2K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 50.0K +50.0K (+100.0%) 565.50M +565.5M (+100.0%) 0.08% +0.080 pp 0.55% +0.547 pp USD11.31 +0.0% 1 qtrs NEW
2 SUVRETTA CAPITAL MANAGEMENT, LLC 6.56M +1.2M (+21.9%) 74.21M +24.7M (+49.9%) 10.48% +1.878 pp 1.52% +0.253 pp USD6.54 +72.9% 20 qtrs
3 RA CAPITAL MANAGEMENT, L.P. 6.05M -4.2M (-40.8%) 68.47M -25.6M (-27.2%) 9.67% -6.684 pp 0.70% -0.458 pp USD6.97 +62.3% 14 qtrs
4 TCG CROSSOVER MANAGEMENT, LLC 5.25M +— (+0.0%) 59.38M +11.1M (+22.9%) 8.39% -0.007 pp 1.97% -0.411 pp USD3.57 +216.8% 6 qtrs
5 NANTAHALA CAPITAL MANAGEMENT, LLC 4.29M -377.4K (-8.1%) 48.56M +5.6M (+13.0%) 6.86% -0.609 pp 1.61% +0.113 pp USD4.03 +180.6% 6 qtrs
6 BLACKROCK, INC. 4.26M +557.0K (+15.0%) 48.22M +14.1M (+41.4%) 6.81% +0.885 pp 0.00% +0.000 pp USD4.58 +146.9% 6 qtrs
7 VANGUARD GROUP INC 3.56M +560.1K (+18.7%) 40.26M +12.7M (+45.9%) 5.69% +0.891 pp 0.00% +0.000 pp USD10.38 +9.0% 26 qtrs
8 BRAIDWELL LP 3.06M +2.8M (+1,294.7%) 34.62M +32.6M (+1,614.6%) 4.89% +4.539 pp 1.11% +1.047 pp USD11.16 +1.3% 2 qtrs
9 POINT72 ASSET MANAGEMENT, L.P. 2.40M +2.4M (+100.0%) 27.12M +27.1M (+100.0%) 3.83% +3.831 pp 0.03% +0.030 pp USD11.31 +0.0% 3 qtrs
10 SIREN, L.L.C. 1.95M +2.0M (+100.0%) 22.05M +22.1M (+100.0%) 3.12% +3.115 pp 0.66% +0.658 pp USD11.31 +0.0% 1 qtrs NEW
11 D. E. SHAW & CO., INC. 1.91M +464.3K (+32.0%) 21.64M +8.3M (+62.3%) 3.06% +0.740 pp 0.01% +0.004 pp USD7.98 +41.7% 18 qtrs
12 FIRST TURN MANAGEMENT, LLC 1.89M +1.9M (+100.0%) 21.41M +21.4M (+100.0%) 3.02% +3.024 pp 2.45% +2.446 pp USD11.31 +0.0% 1 qtrs NEW
13 GSK PLC 1.79M +1.8M (+100.0%) 20.20M +20.2M (+100.0%) 2.85% +2.853 pp 2.53% +2.528 pp USD11.31 +0.0% 1 qtrs NEW
14 ADAGE CAPITAL PARTNERS GP, L.L.C. 1.70M -732.0K (-30.1%) 19.23M -3.1M (-14.1%) 2.72% -1.173 pp 0.03% -0.006 pp USD5.19 +117.9% 18 qtrs
15 IKARIAN CAPITAL, LLC 1.38M +86.2K (+6.7%) 15.56M +3.7M (+31.2%) 2.20% +0.136 pp 1.21% +0.017 pp USD8.23 +37.4% 6 qtrs
16 ABRDN PLC 1.25M +1.1M (+809.0%) 14.18M +12.9M (+1,017.4%) 2.00% +1.783 pp 0.02% +0.020 pp USD10.97 +3.1% 3 qtrs
17 ADAR1 CAPITAL MANAGEMENT, LLC 1.25M +912.1K (+267.0%) 14.18M +11.0M (+351.2%) 2.00% +1.457 pp 1.04% +0.746 pp USD10.51 +7.6% 9 qtrs
18 CITADEL ADVISORS LLC 1.21M +352.4K (+41.2%) 13.65M +5.8M (+73.6%) 1.93% +0.562 pp 0.00% +0.001 pp USD9.18 +23.2% 19 qtrs
19 GEODE CAPITAL MANAGEMENT, LLC 1.11M +101.8K (+10.1%) 12.51M +3.3M (+35.4%) 1.77% +0.161 pp 0.00% +0.000 pp USD8.37 +35.1% 26 qtrs
20 DIMENSIONAL FUND ADVISORS LP 1.05M -248.2K (-19.1%) 11.89M -62.4K (-0.5%) 1.68% -0.398 pp 0.00% 0.000 pp USD7.43 +52.2% 20 qtrs
21 STATE STREET CORP 1.01M -57.9K (-5.4%) 11.37M +1.6M (+16.2%) 1.61% -0.094 pp 0.00% +0.000 pp USD6.15 +83.9% 25 qtrs
22 BALYASNY ASSET MANAGEMENT L.P. 970.4K -480.0K (-33.1%) 10.98M -2.4M (-17.8%) 1.55% -0.769 pp 0.01% -0.003 pp USD7.06 +60.2% 3 qtrs
23 VESTAL POINT CAPITAL, LP 950.0K +950.0K (+100.0%) 10.74M +10.7M (+100.0%) 1.52% +1.518 pp 0.37% +0.365 pp USD11.31 +0.0% 1 qtrs NEW
24 GREAT POINT PARTNERS LLC 800.0K +800.0K (+100.0%) 9.05M +9.0M (+100.0%) 1.28% +1.278 pp 2.93% +2.934 pp USD11.31 +0.0% 1 qtrs NEW
25 ACADIAN ASSET MANAGEMENT LLC 736.7K +196.1K (+36.3%) 8.33M +3.4M (+67.5%) 1.18% +0.313 pp 0.01% +0.005 pp USD6.30 +79.5% 6 qtrs
26 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 582.4K +198.2K (+51.6%) 6.59M +3.1M (+86.4%) 0.93% +0.316 pp 0.02% +0.006 pp USD7.59 +49.0% 6 qtrs
27 NORTHERN TRUST CORP 552.2K -16.1K (-2.8%) 6.25M +1.0M (+19.5%) 0.88% -0.027 pp 0.00% +0.000 pp USD5.19 +117.9% 26 qtrs
28 BOOTHBAY FUND MANAGEMENT, LLC 517.5K -160.9K (-23.7%) 5.85M -388.2K (-6.2%) 0.83% -0.258 pp 0.09% -0.003 pp USD8.49 +33.2% 6 qtrs
29 JANE STREET GROUP, LLC 493.8K +172.2K (+53.6%) 5.58M +2.6M (+88.8%) 0.79% +0.275 pp 0.00% +0.000 pp USD9.77 +15.8% 18 qtrs
30 INVESCO LTD. 417.2K +293.3K (+236.8%) 4.72M +3.6M (+314.0%) 0.67% +0.468 pp 0.00% +0.001 pp USD9.85 +14.8% 9 qtrs
31 SILVERARC CAPITAL MANAGEMENT, LLC 394.7K +394.7K (+100.0%) 4.46M +4.5M (+100.0%) 0.63% +0.631 pp 0.62% +0.620 pp USD11.31 +0.0% 1 qtrs NEW
32 QUBE RESEARCH & TECHNOLOGIES LTD 392.5K +392.5K (+100.0%) 4.44M +4.4M (+100.0%) 0.63% +0.627 pp 0.00% +0.005 pp USD11.31 +0.0% 1 qtrs NEW
33 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 388.9K +55.4K (+16.6%) 4.40M +1.3M (+43.4%) 0.62% +0.088 pp 0.00% +0.000 pp USD5.58 +102.7% 24 qtrs
34 SIO CAPITAL MANAGEMENT, LLC 382.0K +382.0K (+100.0%) 4.32M +4.3M (+100.0%) 0.61% +0.610 pp 0.68% +0.680 pp USD11.31 +0.0% 1 qtrs NEW
35 TREXQUANT INVESTMENT LP 355.5K +334.5K (+1,591.9%) 4.02M +3.8M (+1,979.9%) 0.57% +0.534 pp 0.04% +0.034 pp USD11.19 +1.1% 2 qtrs
36 GOLDMAN SACHS GROUP INC 323.9K -262.5K (-44.8%) 3.66M -1.7M (-32.1%) 0.52% -0.420 pp 0.00% 0.000 pp USD6.86 +64.9% 21 qtrs
37 DEUTSCHE BANK AG\ 287.1K +1.8K (+0.6%) 3.25M +622.0K (+23.7%) 0.46% +0.002 pp 0.00% +0.000 pp USD6.82 +65.8% 9 qtrs
38 BESSEMER GROUP INC 287.0K +— (+0.0%) 3.25M +604.0K (+22.9%) 0.46% 0.000 pp 0.01% +0.001 pp USD8.36 +35.3% 26 qtrs
39 DRIEHAUS CAPITAL MANAGEMENT LLC 243.4K +243.4K (+100.0%) 2.75M +2.8M (+100.0%) 0.39% +0.389 pp 0.02% +0.019 pp USD11.31 +0.0% 1 qtrs NEW
40 BANK OF AMERICA CORP /DE/ 231.2K +84.0K (+57.0%) 2.61M +1.3M (+93.1%) 0.37% +0.134 pp 0.00% +0.000 pp USD9.07 +24.7% 26 qtrs
41 CATALIO CAPITAL MANAGEMENT, LP 201.3K +201.3K (+100.0%) 2.28M +2.3M (+100.0%) 0.32% +0.322 pp 0.40% +0.402 pp USD11.31 +0.0% 4 qtrs
42 NICHOLAS INVESTMENT PARTNERS, LP 183.0K +183.0K (+100.0%) 2.07M +2.1M (+100.0%) 0.29% +0.292 pp 0.15% +0.151 pp USD11.31 +0.0% 1 qtrs NEW
43 WELLS FARGO & COMPANY/MN 166.4K +133.9K (+411.9%) 1.88M +1.6M (+529.3%) 0.27% +0.214 pp 0.00% +0.000 pp USD10.27 +10.1% 26 qtrs
44 MORGAN STANLEY 165.6K -78.2K (-32.1%) 1.87M -370.1K (-16.5%) 0.26% -0.125 pp 0.00% +0.000 pp USD7.49 +51.0% 26 qtrs
45 SIMPLIFY ASSET MANAGEMENT INC. 159.7K +76.4K (+91.8%) 1.81M +1.0M (+135.8%) 0.26% +0.122 pp 0.03% +0.015 pp USD7.81 +44.8% 12 qtrs
46 AMERICAN CENTURY COMPANIES INC 157.7K +5.4K (+3.6%) 1.78M +382.6K (+27.3%) 0.25% +0.009 pp 0.00% +0.000 pp USD6.48 +74.5% 12 qtrs
47 WELLINGTON MANAGEMENT GROUP LLP 146.4K -32.9K (-18.4%) 1.66M +6.0K (+0.4%) 0.23% -0.053 pp 0.00% +0.000 pp USD7.56 +49.6% 8 qtrs
48 SUSQUEHANNA INTERNATIONAL GROUP, LLP 140.5K +74.0K (+111.3%) 1.59M +977.3K (+159.7%) 0.22% +0.118 pp 0.00% +0.000 pp USD9.00 +25.7% 18 qtrs
49 SUMMITTX CAPITAL, L.P. 138.1K +138.1K (+100.0%) 1.56M +1.6M (+100.0%) 0.22% +0.221 pp 0.05% +0.047 pp USD11.31 +0.0% 1 qtrs NEW
50 FIDUCIARY TRUST CO 136.6K +— (+0.0%) 1.54M +288.1K (+22.9%) 0.22% 0.000 pp 0.02% +0.003 pp USD12.27 -7.8% 26 qtrs
51 BARCLAYS PLC 132.5K +8.4K (+6.8%) 1.50M +1.1M (+238.2%) 0.21% +0.013 pp 0.00% +0.000 pp USD5.75 +96.7% 16 qtrs
52 BANK OF NEW YORK MELLON CORP 116.9K -2.3K (-1.9%) 1.32M +226.0K (+20.6%) 0.19% -0.004 pp 0.00% +0.000 pp USD6.23 +81.5% 24 qtrs
53 NUVEEN, LLC 112.2K +— (+0.0%) 1.27M +236.7K (+22.9%) 0.18% 0.000 pp 0.00% +0.000 pp USD2.88 +292.7% 4 qtrs
54 WALLEYE CAPITAL LLC 108.4K +108.4K (+100.0%) 1.23M +1.2M (+100.0%) 0.17% +0.173 pp 0.00% +0.004 pp USD11.31 +0.0% 1 qtrs NEW
55 UBS GROUP AG 103.0K -198.2K (-65.8%) 1.16M -1.6M (-58.0%) 0.16% -0.317 pp 0.00% 0.000 pp USD8.15 +38.8% 13 qtrs
56 MARSHALL WACE, LLP 102.9K +102.9K (+100.0%) 1.16M +1.2M (+100.0%) 0.16% +0.164 pp 0.00% +0.001 pp USD11.31 +0.0% 1 qtrs NEW
57 AMERIPRISE FINANCIAL INC 100.7K -24.0K (-19.2%) 1.14M -8.3K (-0.7%) 0.16% -0.039 pp 0.00% +0.000 pp USD9.20 +22.9% 2 qtrs
58 MAVEN SECURITIES LTD 100.0K +100.0K (+100.0%) 1.13M +1.1M (+100.0%) 0.16% +0.160 pp 0.03% +0.025 pp USD11.31 +0.0% 1 qtrs NEW
59 GSA CAPITAL PARTNERS LLP 99.7K -16.4K (-14.1%) 1.13M +60.0K (+5.6%) 0.16% -0.026 pp 0.10% +0.008 pp USD8.55 +32.3% 3 qtrs
60 PRINCIPAL FINANCIAL GROUP INC 97.7K +31.1K (+46.8%) 1.10M +492.6K (+80.5%) 0.16% +0.050 pp 0.00% +0.000 pp USD9.87 +14.6% 2 qtrs
61 JUMP FINANCIAL, LLC 92.2K +92.2K (+100.0%) 1.04M +1.0M (+100.0%) 0.15% +0.147 pp 0.01% +0.013 pp USD11.31 +0.0% 1 qtrs NEW
62 EXOME ASSET MANAGEMENT LLC 92.1K -6.7K (-6.8%) 1.04M +132.2K (+14.5%) 0.15% -0.011 pp 0.50% -0.053 pp USD3.63 +211.6% 7 qtrs
63 STATE OF WISCONSIN INVESTMENT BOARD 86.5K +72.8K (+533.0%) 978.3K +852.6K (+678.1%) 0.14% +0.116 pp 0.00% +0.002 pp USD10.98 +3.0% 2 qtrs
64 RBF CAPITAL, LLC 80.5K +— (+0.0%) 910.5K +169.9K (+22.9%) 0.13% 0.000 pp 0.04% +0.007 pp USD3.30 +242.7% 11 qtrs
65 VERITION FUND MANAGEMENT LLC 74.7K +74.7K (+100.0%) 844.8K +844.8K (+100.0%) 0.12% +0.119 pp 0.00% +0.003 pp USD11.31 +0.0% 1 qtrs NEW
66 SUPERSTRING CAPITAL MANAGEMENT LP 72.1K +72.1K (+100.0%) 815.0K +815.0K (+100.0%) 0.12% +0.115 pp 0.44% +0.436 pp USD11.31 +0.0% 1 qtrs NEW
67 CITIGROUP INC 67.1K +66.4K (+9,245.7%) 758.9K +752.3K (+11,390.1%) 0.11% +0.106 pp 0.00% +0.000 pp USD11.24 +0.6% 26 qtrs
68 Y-INTERCEPT (HONG KONG) LTD 66.7K +55.4K (+491.9%) 754.6K +650.9K (+627.6%) 0.11% +0.089 pp 0.02% +0.014 pp USD10.95 +3.3% 12 qtrs
69 LEGATO CAPITAL MANAGEMENT LLC 66.3K +66.3K (+100.0%) 750.4K +750.4K (+100.0%) 0.11% +0.106 pp 0.06% +0.065 pp USD11.31 +0.0% 1 qtrs NEW
70 SQUAREPOINT OPS LLC 65.9K +48.0K (+269.4%) 744.8K +580.8K (+354.1%) 0.11% +0.077 pp 0.00% +0.001 pp USD10.26 +10.2% 3 qtrs
71 PRICE T ROWE ASSOCIATES INC /MD/ 63.8K -2.1K (-3.2%) 722.0K +115.0K (+18.9%) 0.10% -0.004 pp 0.00% +0.000 pp USD5.81 +94.7% 18 qtrs
72 INTEGRATED QUANTITATIVE INVESTMENTS LLC 62.5K +62.5K (+100.0%) 707.1K +707.1K (+100.0%) 0.10% +0.100 pp 0.15% +0.152 pp USD11.31 +0.0% 3 qtrs
73 EAM INVESTORS, LLC 61.6K +61.6K (+100.0%) 696.9K +696.9K (+100.0%) 0.10% +0.098 pp 0.08% +0.078 pp USD11.31 +0.0% 1 qtrs NEW
74 ATOM INVESTORS LP 60.6K +60.6K (+100.0%) 685.3K +685.3K (+100.0%) 0.10% +0.097 pp 0.05% +0.054 pp USD11.31 +0.0% 1 qtrs NEW
75 NEW YORK STATE COMMON RETIREMENT FUND 57.7K +44.6K (+340.6%) 652.9K +532.4K (+441.7%) 0.09% +0.071 pp 0.00% +0.001 pp USD10.18 +11.1% 7 qtrs
76 RHUMBLINE ADVISERS 55.7K -13.7K (-19.7%) 630.1K -8.1K (-1.3%) 0.09% -0.022 pp 0.00% +0.000 pp USD6.35 +78.1% 23 qtrs
77 DEKABANK DEUTSCHE GIROZENTRALE 60.0K +— (+0.0%) 617.0K +6.0K (+1.0%) 0.10% 0.000 pp 0.00% +0.000 pp USD4.44 +154.7% 10 qtrs
78 MILLENNIUM MANAGEMENT LLC 54.4K -96.4K (-63.9%) 615.6K -772.4K (-55.6%) 0.09% -0.154 pp 0.00% 0.000 pp USD7.14 +58.4% 12 qtrs
79 XTX TOPCO LTD 51.8K +51.8K (+100.0%) 585.9K +585.9K (+100.0%) 0.08% +0.083 pp 0.02% +0.015 pp USD11.31 +0.0% 1 qtrs NEW
80 SEVEN GRAND MANAGERS, LLC 50.0K +50.0K (+100.0%) 565.5K +565.5K (+100.0%) 0.08% +0.080 pp 0.04% +0.043 pp USD11.31 +0.0% 1 qtrs NEW
81 BURKEHILL GLOBAL MANAGEMENT, LP 50.0K +50.0K (+100.0%) 565.5K +565.5K (+100.0%) 0.08% +0.080 pp 0.04% +0.037 pp USD11.31 +0.0% 1 qtrs NEW
82 BREVAN HOWARD CAPITAL MANAGEMENT LP 48.9K +33.6K (+219.5%) 559.4K +418.6K (+297.3%) 0.08% +0.054 pp 0.01% +0.006 pp USD10.65 +6.2% 2 qtrs
83 STRS OHIO 49.3K -28.6K (-36.7%) 557.6K -159.1K (-22.2%) 0.08% -0.046 pp 0.00% -0.001 pp USD3.77 +200.0% 6 qtrs
84 GRAHAM CAPITAL MANAGEMENT, L.P. 48.5K +18.0K (+59.0%) 548.1K +267.7K (+95.4%) 0.08% +0.029 pp 0.01% +0.009 pp USD8.65 +30.8% 6 qtrs
85 FRANKLIN RESOURCES INC 44.2K -15.8K (-26.3%) 500.5K -51.7K (-9.4%) 0.07% -0.025 pp 0.00% +0.000 pp USD5.40 +109.4% 11 qtrs
86 HSBC HOLDINGS PLC 43.3K -10.5K (-19.6%) 497.9K +23.9K (+5.0%) 0.07% -0.017 pp 0.00% +0.000 pp USD4.39 +157.6% 8 qtrs
87 JAIN GLOBAL LLC 41.3K +41.3K (+100.0%) 466.7K +466.7K (+100.0%) 0.07% +0.066 pp 0.00% +0.002 pp USD11.31 +0.0% 1 qtrs NEW
88 COMMONWEALTH EQUITY SERVICES, LLC 40.0K -43.4K (-52.1%) 452.4K -315.6K (-41.1%) 0.06% -0.070 pp 0.00% 0.000 pp USD9.27 +22.0% 8 qtrs
89 SEI INVESTMENTS CO 37.5K +37.5K (+100.0%) 424.2K +424.2K (+100.0%) 0.06% +0.060 pp 0.00% +0.000 pp USD11.31 +0.0% 1 qtrs NEW
90 CAMPBELL & CO INVESTMENT ADVISER LLC 35.6K -66.9K (-65.3%) 402.6K -540.1K (-57.3%) 0.06% -0.107 pp 0.02% -0.052 pp USD9.20 +22.9% 2 qtrs
91 GROUP ONE TRADING, L.P. 34.8K +29.0K (+503.3%) 393.0K +340.0K (+641.7%) 0.06% +0.046 pp 0.00% +0.001 pp USD10.42 +8.5% 10 qtrs
92 AXQ CAPITAL, LP 31.5K +31.5K (+100.0%) 356.8K +356.8K (+100.0%) 0.05% +0.050 pp 0.08% +0.081 pp USD11.31 +0.0% 1 qtrs NEW
93 WOODLINE PARTNERS LP 30.8K +30.8K (+100.0%) 348.3K +348.3K (+100.0%) 0.05% +0.049 pp 0.00% +0.001 pp USD11.31 +0.0% 7 qtrs
94 TWO SIGMA ADVISERS, LP 30.5K -1.0K (-3.2%) 345.0K +55.2K (+19.0%) 0.05% -0.002 pp 0.00% +0.000 pp USD4.93 +129.4% 18 qtrs
95 COUNTRY TRUST BANK 30.0K +— (+0.0%) 339.8K +63.4K (+22.9%) 0.05% +0.000 pp 0.01% +0.000 pp USD11.85 -4.6% 24 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 73 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Pharmaceuticals ETF XPH 0.64% 3.03M 0.35%
2 Simplify Health Care ETF PINK 0.15% 567.7K 0.51%
3 Direxion Daily Pharmaceutical & Medical Bull 3X ETF PILL 0.13% 31.1K 1.22%
4 ALPS Medical Breakthroughs ETF SBIO 0.12% 254.7K 0.50%
5 Vanguard U.S. Momentum Factor ETF VFMO 0.08% 1.36M 0.13%
6 Vanguard Global Momentum Factor ETF VMO.TO 0.06% 210.4K 0.38%
7 iShares Micro-Cap ETF IWC 0.05% 698.1K 0.60%
8 Vanguard Russell 2000 Value ETF VTWV 0.02% 312.0K 0.06%
9 Fidelity Enhanced Small Cap ETF FESM 0.02% 1.16M 0.28%
10 iShares Nasdaq US Biotechnology UCITS ETF BTEE.L 0.02% 12.1K 0.35%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
1.33
Neutral
Ratio by volume
3.00
Bullish
Buys
4
Sells
3
Shares acquired
1.05M
Shares disposed
45.0K
Cash buys
Cash sales
3.00
Net activity
+1,002,000
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
2026-04-23 Lehrer-Graiwer Joshua Director A-Award A Stock Option (right to buy) 64,000 8.08 517.1K 64,000 D
2026-02-02 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 57,000 10.72 611.0K 57,000 D
2026-02-02 Sapir Alex Director / Officer A-Award A Stock option - Right to Buy 650,000 10.72 6.97M 650,000 D
2026-02-02 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 170,000 10.72 1.82M 170,000 D
2026-02-02 Musso Alan A Officer A-Award A Stock Option (right to buy) 170,000 10.72 1.82M 170,000 D
2026-02-02 Gould Robert J Director S-Sale D Common Stock 15,000 10.72 160.9K 454,864 D
2026-01-02 Gould Robert J Director S-Sale D Common Stock 15,000 11.87 178.1K 469,864 D
2025-12-15 Oltmans Curtis Gale Officer S-Sale D Common Stock 3,452 12.92 44.6K 10,252 D
2025-12-08 RA CAPITAL MANAGEMENT, L.P. 10% Owner S-Sale D Common Stock 1,377,020 13.33 18.36M 8,852,079 I
2025-11-19 Gould Robert J Director S-Sale D Common Stock 15,000 11.03 165.5K 484,864 D
2025-06-26 King Rachel K. Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Hill Colin Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Haviland Kate Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Gould Robert J Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Dorton Katina Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-06-26 Banks Sonja Director A-Award A Stock Option (right to buy) 36,000 7.38 265.7K 36,000 D
2025-05-08 Tourangeau Greg Officer S-Sale D Common Stock 498 5.06 2.5K 14,062 D
2025-01-24 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 76,120 4.16 316.7K 76,120 D
2025-01-24 Sapir Alex Director / Officer A-Award A Stock option - Right to Buy 582,000 4.16 2.42M 582,000 D
2025-01-24 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 225,000 4.16 936.0K 225,000 D
2025-01-24 Musso Alan A Officer A-Award A Stock Option (right to buy) 285,000 4.16 1.19M 285,000 D
2024-11-12 King Rachel K. Director A-Award A Stock Option (right to buy) 60,000 3.64 218.4K 60,000 D
2024-09-12 RA CAPITAL MANAGEMENT, L.P. 10% Owner Common Stock 0 0.00 10,229,099 I
2024-08-21 RA CAPITAL MANAGEMENT, L.P. 10% Owner J-Other A Warrant (Right to Buy) 8,500,000 0.00 8.5K 8,500,000
2024-07-03 Sapir Alex Director / Officer M-Exempt D Stock option - Right to Buy 150,000 3.27 490.5K 2,280,400
2024-06-17 Hill Colin Director D No securities are beneficially owned 0 0.00 0
2024-06-17 Haviland Kate Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 Gould Robert J Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 Dorton Katina Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 Collins James J. Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-06-17 Banks Sonja Director A-Award A Stock Option (right to buy) 30,000 7.00 210.0K 30,000
2024-05-07 Tourangeau Greg Officer S-Sale D Common Stock 236 7.76 1.8K 11,571
2024-03-18 Horn Patrick Taylor Officer A-Award A Stock Option (right to buy) 400,000 10.12 4.05M 400,000
2024-03-08 Tourangeau Greg Officer S-Sale D Common Stock 4,884 11.72 57.2K 11,807
2024-03-04 Sapir Alex Director / Officer P-Purchase A Common Stock 43,360 11.35 492.0K 43,360
2024-01-26 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 10,000 6.95 69.5K 10,000
2024-01-26 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 150,000 6.95 1.04M 150,000
2024-01-26 Musso Alan A Officer A-Award A Stock Option (right to buy) 100,000 6.95 695.0K 100,000
2024-01-17 Musso Alan A Officer A-Award A Stock Option (right to buy) 61,822 4.01 247.9K 61,822
2023-08-07 Musso Alan A Officer A-Award A Stock Option (right to buy) 432,800 4.01 1.74M 432,800
2023-07-01 Sapir Alex Director / Officer D Stock Option (right to buy) 2,430,400 3.27 7.95M 0
2023-06-27 Haviland Kate Director A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-06-27 Gould Robert J Director / Officer A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-06-27 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-06-27 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-06-27 Dorton Katina Director A-Award A Stock Option (Right to Buy) 30,000 3.16 94.8K 30,000
2023-06-27 Collins James J. Director A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-06-27 Banks Sonja Director A-Award A Stock Option (right to buy) 30,000 3.16 94.8K 30,000
2023-05-10 Tourangeau Greg Officer S-Sale D Common Stock 210 3.31 695.10 15,992
2023-04-26 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 127,500 2.58 329.0K 127,500
2023-04-26 Hayes Melvin H. III Officer A-Award A Stock Option (right to buy) 115,000 2.58 296.7K 115,000
2023-02-09 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 16,100 12.59 202.7K 16,100
2023-02-09 Rajavelu Esther Officer A-Award A Stock Option (right to buy) 160,000 12.59 2.01M 160,000
2023-02-09 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 150,000 12.59 1.89M 150,000
2023-02-09 Hayes Melvin H. III Officer A-Award A Stock Option (right to buy) 135,000 12.59 1.70M 135,000
2023-01-20 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 1,923,076 13.00 25.00M 11,609,704
2023-01-13 Gould Robert J Officer S-Sale D Common Stock 6,766 15.00 101.5K 499,864
2023-01-04 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 58,369 7.80 455.1K 9,686,628
2022-12-27 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 4,089 5.99 24.5K 9,505,925
2022-12-19 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 98,787 5.90 582.8K 9,501,836
2022-12-16 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 1,341,420 5.42 7.27M 9,403,049
2022-12-15 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 237,029 5.50 1.30M 8,061,629
2022-12-14 RA CAPITAL MANAGEMENT, L.P. Director P-Purchase A Common Stock 824,600 5.46 4.50M 7,824,600
2022-12-13 Third Rock Ventures III, L.P. Director J-Other D Common Stock 2,000,000 0.00 1,962,202
2022-11-07 Arroyo Santiago Officer A-Award A Stock Option (right to buy) 400,000 0.00 400,000
2022-08-16 RA CAPITAL MANAGEMENT, L.P. 10% Owner I Common Stock 0 0.00 7,000,000
2022-08-09 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 50,000 7.40 370.0K 50,000
2022-08-09 Hayes Melvin H. III Officer D Stock Option (right to buy) 140,000 28.49 3.99M 0
2022-07-15 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 16,540 0.00 16,540
2022-06-27 Haviland Kate Director A-Award A Stock Option (right to buy) 19,000 0.00 19,000
2022-06-27 Gould Robert J Director A-Award A Stock Option (right to buy) 19,000 0.00 19,000
2022-06-27 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 19,000 0.00 19,000
2022-06-27 Ezekowitz Alan Director J-Other D Stock Option (right to buy) 500 0.00 14,500
2022-06-27 Dorton Katina Director A-Award A Stock Option (right to buy) 19,000 0.00 19,000
2022-06-27 Collins James J. Director A-Award A Stock Option (right to buy) 19,000 5.22 99.2K 19,000
2022-06-27 Banks Sonja Director A-Award A Stock Option (right to buy) 19,000 0.00 19,000
2022-06-07 Gould Robert J Director S-Sale D Common Stock 71,435 8.09 577.9K 506,630
2022-06-02 Gould Robert J Director S-Sale D Common Stock 16,689 7.92 132.2K 506,630
2022-05-06 Tourangeau Greg Officer A-Award A Stock Option (right to buy) 6,500 0.00 6,500
2022-04-07 Gould Robert J Director S-Sale D Common Stock 5,631 24.02 135.2K 506,630
2022-04-01 Gould Robert J Director M-Exempt A Common Stock 34,464 7.84 270.2K 541,094
2022-03-11 Tourangeau Greg Officer D Stock Option (right to buy) 9,868 12.46 123.0K 0
2022-01-19 Thomson Peter G. Officer A-Award A Stock Option (right to buy) 40,000 12.69 507.6K 40,000
2022-01-19 Stuart Bryan Director / Officer A-Award A Stock Option (right to buy) 340,000 12.69 4.31M 340,000
2022-01-19 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 60,000 12.69 761.4K 60,000
2022-01-19 Morabito Christopher Officer A-Award A Stock Option (right to buy) 59,744 12.69 758.2K 59,744
2022-01-19 Dunn Judith Officer A-Award A Stock Option (right to buy) 140,890 12.69 1.79M 140,890
2022-01-03 Rajavelu Esther Officer A-Award A Stock Option (right to buy) 200,000 17.82 3.56M 200,000
2021-12-31 Oltmans Curtis Gale Officer 0 0.00 0
2021-12-08 Banks Sonja Director A-Award A Stock Option (right to buy) 30,000 15.73 471.9K 30,000
2021-11-10 Third Rock Ventures III, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 3,962,202
2021-11-10 LEVIN MARK J Director / 10% Owner J-Other D Common Stock 1,000,000 0.00 3,962,202
2021-09-22 Third Rock Ventures III, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 4,962,202
2021-09-22 LEVIN MARK J Director / 10% Owner J-Other D Common Stock 1,000,000 0.00 4,962,202
2021-08-11 Stuart Bryan Director / Officer S-Sale D Common Stock 28,000 23.75 665.0K 0
2021-08-10 Stuart Bryan Director / Officer S-Sale D Common Stock 32,000 17.50 560.0K 0
2021-08-10 Moxham Christopher Officer S-Sale D Common Stock 20,714 17.00 352.1K 0
2021-06-28 Thomson Peter G. Officer P-Purchase A Common Stock 2,300 9.00 20.7K 2,300
2021-06-28 Oltmans Curtis Gale Officer P-Purchase A Common Stock 1,088 9.01 9.8K 1,088
2021-06-28 Morabito Christopher Officer P-Purchase A Common Stock 1,100 9.16 10.1K 1,100
2021-06-28 GERAGHTY JAMES A Director P-Purchase A Common Stock 10,000 9.16 91.6K 90,714
2021-06-09 LEVIN MARK J Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-06-09 Haviland Kate Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-06-09 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-06-09 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-06-09 Dorton Katina Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-06-09 Collins James J. Director A-Award A Stock Option (right to buy) 15,000 8.85 132.8K 15,000
2021-05-10 Morabito Christopher Officer D No securities are beneficially owned 0 0.00 0
2021-04-01 Dunn Judith Officer A-Award A Stock Option (right to buy) 215,000 12.00 2.58M 215,000
2021-03-31 Stuart Bryan Director / Officer A-Award A Stock Option (right to buy) 350,000 11.78 4.12M 350,000
2021-03-23 Dunn Judith Officer D No securities are beneficially owned 0 0.00 0
2021-03-16 Gould Robert J Director / Officer S-Sale D Common Stock 789 12.43 9.8K 506,630
2021-03-15 Gould Robert J Director / Officer S-Sale D Common Stock 9,211 12.13 111.8K 507,419
2021-02-22 Thomson Peter G. Officer M-Exempt D Stock Option (right to buy) 5,000 7.84 39.2K 50,471
2021-02-16 Gould Robert J Director / Officer S-Sale D Common Stock 6,542 14.19 92.8K 518,303
2021-02-08 Moxham Christopher Officer A-Award A Stock Option (right to buy) 100,000 12.60 1.26M 100,000
2021-02-06 Moxham Christopher Officer D Stock Option (right to buy) 124,286 7.84 974.4K 0
2021-02-02 Gould Robert J Director / Officer A-Award A Stock Option (right to buy) 269,390 11.33 3.05M 269,390
2021-01-25 Thomson Peter G. Officer A-Award A Stock Option (right to buy) 40,000 13.09 523.6K 40,000
2021-01-25 Stuart Bryan Officer A-Award A Stock Option (right to buy) 134,376 13.09 1.76M 134,376
2021-01-21 Thomson Peter G. Officer S-Sale D Common Stock 6,607 14.00 92.5K 15,212
2021-01-20 Gould Robert J Director / Officer S-Sale D Common Stock 10,000 12.08 120.8K 524,845
2020-12-03 Oltmans Curtis Gale Officer A-Award A Stock Option (right to buy) 153,600 11.82 1.82M 153,600
2020-12-03 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 15,000 11.82 177.3K 15,000
2020-11-30 Oltmans Curtis Gale Officer D No securities are beneficially owned 0 0.00 0
2020-09-14 Wallace Owen B. Officer M-Exempt A Common Stock 6,350 7.84 49.8K 133,438
2020-07-08 Wallace Owen B. Officer M-Exempt A Common Stock 2,951 7.84 23.1K 130,039
2020-07-08 Gould Robert J Director / Officer S-Sale D Common Stock 2,500 20.00 50.0K 534,845
2020-07-01 Cadavid Diego Officer S-Sale D Common Stock 1,071 18.30 19.6K 65,714
2020-06-30 Wallace Owen B. Officer M-Exempt A Common Stock 141 7.84 1.1K 127,229
2020-06-25 Gould Robert J Director / Officer S-Sale D Common Stock 2,500 20.80 52.0K 537,345
2020-06-25 Cadavid Diego Officer M-Exempt A Common Stock 1,459 4.83 7.0K 68,244
2020-06-11 LEVIN MARK J Director / 10% Owner A-Award A Stock Option (right to buy) 9,285 17.63 163.7K 9,285
2020-06-11 Haviland Kate Director A-Award A Stock Option (right to buy) 9,285 17.63 163.7K 9,285
2020-06-11 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 9,285 17.63 163.7K 9,285
2020-06-11 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 9,285 17.63 163.7K 9,285
2020-06-11 Collins James J. Director A-Award A Stock Option (right to buy) 9,285 17.63 163.7K 9,285
2020-06-10 Cadavid Diego Officer M-Exempt D Stock Option (right to buy) 401 4.83 1.9K 13,736
2020-06-09 Gould Robert J Director / Officer S-Sale D Common Stock 156 20.00 3.1K 539,845
2020-06-05 Gould Robert J Director / Officer S-Sale D Common Stock 3,433 20.17 69.3K 540,001
2020-06-05 Cadavid Diego Officer M-Exempt A Common Stock 451 4.83 2.2K 67,236
2020-06-04 Gould Robert J Director / Officer S-Sale D Common Stock 1,300 20.04 26.1K 543,434
2020-06-04 Cadavid Diego Officer M-Exempt A Common Stock 226 4.83 1.1K 67,011
2020-06-03 Gould Robert J Director / Officer S-Sale D Common Stock 1,500 20.13 30.2K 544,734
2020-06-03 Cadavid Diego Officer M-Exempt A Common Stock 338 4.83 1.6K 67,123
2020-06-02 Gould Robert J Director / Officer S-Sale D Common Stock 2,797 20.00 55.9K 546,234
2020-06-02 Cadavid Diego Officer M-Exempt A Common Stock 45 4.83 217.35 66,830
2020-06-01 Gould Robert J Director / Officer S-Sale D Common Stock 5 20.00 100.00 549,031
2020-05-29 Gould Robert J Director / Officer S-Sale D Common Stock 1,390 20.08 27.9K 549,036
2020-05-29 Cadavid Diego Officer M-Exempt A Common Stock 200 4.83 966.00 66,985
2020-05-28 Wallace Owen B. Officer S-Sale D Common Stock 2,232 20.00 44.6K 127,088
2020-05-28 Gould Robert J Director / Officer S-Sale D Common Stock 1,919 20.01 38.4K 550,426
2020-05-28 Cadavid Diego Officer S-Sale D Common Stock 600 20.00 12.0K 66,785
2020-05-27 Wallace Owen B. Officer S-Sale D Common Stock 448 20.00 9.0K 127,088
2020-05-26 Wallace Owen B. Officer M-Exempt A Common Stock 412 7.84 3.2K 127,500
2020-05-26 Gould Robert J Director / Officer S-Sale D Common Stock 2,500 20.00 50.0K 552,345
2020-05-12 Cadavid Diego Officer M-Exempt D Stock Option (right to buy) 1,860 4.83 9.0K 15,997
2020-05-11 Thomson Peter G. Officer S-Sale D Common Stock 7,500 16.00 120.0K 21,071
2020-03-02 Cadavid Diego Officer S-Sale D Common Stock 1,828 17.26 31.5K 67,100
2020-02-24 Thomson Peter G. Officer S-Sale D Common Stock 2,648 16.18 42.9K 30,923
2020-02-19 Wallace Owen B. Officer M-Exempt A Common Stock 6,088 7.84 47.7K 133,176
2020-02-19 Gould Robert J Director / Officer S-Sale D Common Stock 2,500 20.00 50.0K 554,845
2020-02-03 Cadavid Diego Officer S-Sale D Common Stock 2,143 17.33 37.1K 68,928
2020-01-23 Wallace Owen B. Officer A-Award A Stock Option (right to buy) 58,900 16.87 993.6K 58,900
2020-01-23 Thomson Peter G. Officer S-Sale D Common Stock 262 18.05 4.7K 33,571
2020-01-23 Stuart Bryan Officer A-Award A Stock Option (right to buy) 105,000 16.87 1.77M 105,000
2020-01-23 Gould Robert J Director / Officer A-Award A Stock Option (right to buy) 200,000 16.87 3.37M 200,000
2020-01-23 Cadavid Diego Officer A-Award A Stock Option (right to buy) 55,440 16.87 935.3K 55,440
2020-01-02 Dorton Katina Director A-Award A Stock Option (right to buy) 18,571 15.86 294.5K 18,571
2019-07-22 Third Rock Ventures IV, L.P. 10% Owner C-Conversion D Series A Preferred Stock 15,833,333 0.00 0
2019-07-22 Third Rock Ventures III, L.P. 10% Owner C-Conversion A Common Stock 5,595,238 0.00 5,880,952
2019-07-22 Section 32 Fund 2, LP 10% Owner C-Conversion A Common Stock 464,285 0.00 464,285
2019-07-22 Sanofi 10% Owner C-Conversion D Series B Preferred Stock (par value $0.001) 3,250,000 0.00 0
2019-07-22 LEVIN MARK J Director / 10% Owner C-Conversion D Series A Preferred Stock 39,166,667 0.00 0
2019-07-22 GLAXOSMITHKLINE PLC 10% Owner C-Conversion D Series B Preferred Stock 12,500,000 0.00 0
2019-07-22 Casdin Capital, LLC 10% Owner C-Conversion D Series B Preferred Stock 3,250,000 0.00 0
2019-07-22 6 Dimensions Capital, L.P. 10% Owner C-Conversion A Common Stock 441,071 0.00 441,071
2019-07-18 Wallace Owen B. Officer A-Award A Stock Option (right to buy) 44,493 16.00 711.9K 44,493
2019-07-18 Thomson Peter G. Officer A-Award A Stock Option (right to buy) 7,078 16.00 113.2K 7,078
2019-07-18 Stuart Bryan Officer A-Award A Stock Option (right to buy) 28,571 16.00 457.1K 28,571
2019-07-18 Haviland Kate Director A-Award A Stock Option (right to buy) 9,285 16.00 148.6K 9,285
2019-07-18 Gould Robert J Director / Officer / 10% Owner A-Award A Stock Option (right to buy) 107,142 16.00 1.71M 107,142
2019-07-18 GERAGHTY JAMES A Director A-Award A Stock Option (right to buy) 9,285 16.00 148.6K 9,285
2019-07-18 Ezekowitz Alan Director A-Award A Stock Option (right to buy) 5,714 16.00 91.4K 5,714
2019-07-18 Collins James J. Director A-Award A Stock Option (right to buy) 5,714 16.00 91.4K 5,714
2019-07-18 Cadavid Diego Officer A-Award A Stock Option (right to buy) 12,784 16.00 204.5K 12,784
2019-07-17 Wallace Owen B. Officer D Common Stock 0 0.00 127,088
2019-07-17 Thomson Peter G. Officer D Stock Option (right to buy) 55,471 7.84 434.9K 0
2019-07-17 Third Rock Ventures IV, L.P. 10% Owner I Series A Preferred Stock 2,261,904 0.00 0
2019-07-17 Third Rock Ventures III, L.P. 10% Owner I Common Stock 0 0.00 285,714
2019-07-17 Stuart Bryan Officer D Stock Option (right to buy) 58,928 7.84 462.0K 0
2019-07-17 Section 32 Fund 2, LP 10% Owner D Series B Preferred Stock 464,285 0.00 0
2019-07-17 Sanofi 10% Owner I Series B Preferred Stock (par value, $0.001) 464,285 0.00 0
2019-07-17 LEVIN MARK J Director / 10% Owner I Series A Preferred Stock 5,595,238 0.00 0
2019-07-17 Haviland Kate Director D Stock Option (right to buy) 23,571 4.83 113.8K 0
2019-07-17 Gould Robert J Director / Officer / 10% Owner D Stock Option (right to buy) 324,462 7.84 2.54M 0

Executive team

Top executives
Shares Outstanding
54.11M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Alex C. Sapir President and Chief Executive Officer 650.0K 2.05M 411.2K 138.2K 3.25M 63.11%
2 2025 Alan Musso Chief Financial Officer 478.1K 1.00M 220.0K 104.1K 1.81M 55.61%
3 2025 Curtis Oltmans Chief Legal Officer and Head of External Affairs 472.2K 793.4K 217.3K 1.48M 53.50%
4 2024 Patrick Horn Former Chief Medical Officer 395.8K 3.33M 3.73M 89.39%
5 2024 Curtis Oltmans Chief Legal Officer and Head of External Affairs 454.0K 853.1K 118.1K 1.43M 59.86%
6 2024 Curtis Oltmans Chief Legal Officer 454.0K 853.1K 118.1K 1.43M 59.86%
7 2024 Alan Musso Chief Financial Officer 457.5K 568.8K 119.0K 106.5K 1.25M 45.44%
8 2024 Alex C. Sapir President and Chief Executive Officer 650.0K 211.3K 142.0K 1.00M 0.00%
9 2023 Alex C. Sapir President and Chief Executive Officer 369.4K 6.40M 150.0K 72.4K 6.99M 91.53%
10 2023 Curtis Oltmans Chief Legal Officer 436.8K 1.73M 148.6K 2.32M 74.76%
11 2023 Mel Hayes Executive Vice President, Patient Affairs 471.2K 1.56M 160.3K 2.19M 71.20%
12 2023 Alan Musso Chief Financial Officer 180.7K 1.61M 61.7K 31.7K 1.88M 85.42%
13 2023 Bryan Stuart Former President and Chief Executive Officer 2.4K 1.29M 572.5K 1.87M 69.26%
14 2023 Robert J. Gould Former Interim President and Chief Executive Officer 300.0K 76.4K 48.1K 424.5K 18.00%
15 2022 Bryan Stuart Former President and Chief Executive Officer 572.5K 3.18M 220.0K 3.97M 80.05%
16 2022 Esther Rajavelu Former Chief Financial Officer 435.0K 150.0K 2.64M 121.2K 3.35M 78.92%
17 2022 Santiago Arroyo Former Chief Medical Officer 75.8K 1.77M 30.2K 1.88M 94.35%
18 2022 Curtis Oltmans Chief Legal Officer 411.8K 840.9K 117.6K 1.37M 61.37%
19 2022 Robert J. Gould Former Interim President and Chief Executive Officer 73.3K 45.0K 118.3K 61.97%
20 2021 Bryan Stuart Former President and Chief Executive Officer 515.4K 4.22M 321.0K 5.06M 83.45%
21 2021 Bryan Stuart President and Chief Executive Officer 515.4K 4.22M 321.0K 5.06M 83.45%
22 2021 Judith Dunn President, Research and Development 337.5K 1.88M 216.0K 2.43M 77.22%
23 2021 Robert J. Gould Former President and Chief Executive Officer 167.7K 2.17M 2.34M 92.84%
24 2021 Christopher Morabito Chief Medical Officer 274.5K 1.19M 204.0K 1.66M 71.25%
25 2020 Robert J. Gould President and Chief Executive Officer 535.0K 240.8K 2.24M 3.02M 74.28%
26 2020 Robert J. Gould Former President and Chief Executive Officer 535.0K 2.24M 240.8K 3.02M 74.28%
27 2020 Bryan Stuart President and Chief Executive Officer 440.0K 1.18M 158.4K 1.77M 66.28%
28 2020 Bryan Stuart Chief Operating Officer 440.0K 158.4K 1.18M 1.77M 66.28%
29 2020 Curtis Oltmans General Counsel 34.0K 50.0K 1.27M 1.36M 93.81%
30 2019 Robert J. Gould President and Chief Executive Officer 478.2K 300.0K 3.11M 3.89M 79.99%
31 2019 Owen Wallace Chief Scientific Officer 381.5K 126.0K 1.05M 1.56M 67.46%
32 2019 Bryan Stuart Chief Operating Officer 406.8K 183.0K 645.1K 1.23M 52.24%
33 2018 Bryan Stuart Chief Operating Officer 16.7K 1.69M 1.70M 99.02%
34 2018 Robert J. Gould President and Chief Executive Officer 442.9K 203.7K 207.0K 853.6K 24.25%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-30 DEFA14A
2026-04-30 DEF 14A
2025-04-30 DEFA14A
2025-04-30 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-15 SC 13G/A
2026-05-15 SC 13G/A
2026-05-01 4
2026-05-01 3
2026-04-30 DEFA14A
2026-04-30 DEF 14A
2026-04-30 ARS
2026-04-27 8-K
2026-04-27 10-Q
2026-03-26 SC 13G/A

Executive team

NameTitleCompensationGender
Alexander C. Sapir Chief Executive Officer, President & Director 1M male
Alan A. Musso Chief Financial Officer 802.2K male
Curtis G. Oltmans Chief Legal Officer, Head of External Affairs & Corporate Secretary 689.5K male
Gregory Tourangeau Controller & Principal Accounting Officer male
Jeffrey W. Jacobs Chief Scientific Officer
Kim Hazen Chief People Officer female
Michael R. Green Founder
Rudolf Jaenisch Founder
Tsun-Huei Lee Founder
Bradley E. Bernstein Founder
Danny Reinberg Founder
ESG Rating
B
BIOTECHNOLOGY
Rank: 384 out of 714
2026
E (Environmental)
56.9 / 56.3
Company / Sector avg.
S (Social)
61.6 / 62.4
Company / Sector avg.
G (Governance)
57.7 / 60.9
Company / Sector avg.
ESG Total
58.7 / 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