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Phathom Pharmaceuticals, Inc. (PHAT)

USD11.21 +0.30 (+2.72%)
US NASDAQ Healthcare Biotechnology
Address 100 Campus Drive 7932
Florham Park, NJ, US
CEO Steven L. Basta
IPO 2019-10-25
CIK 1783183 ISIN US71722W1071

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Description

Phathom Pharmaceuticals, Inc. operates as a clinical-stage biopharmaceutical firm, dedicated to advancing and commercializing therapies for gastrointestinal ailments. A pivotal asset for the company is vonoprazan, a distinctive potassium-competitive acid blocker (P-CAB) designed to effectively inhibit gastric acid production, for which Phathom holds commercial rights across the United States, Europe, and Canada. This compound is currently undergoing advanced (Phase III) clinical trials for the treatment of erosive gastroesophageal reflux disease (GERD), and also as a component of combination therapy with antibiotics to combat Helicobacter pylori (H. pylori) infection. Established in 2018, Phathom Pharmaceuticals maintains its corporate headquarters in Florham Park, New Jersey.

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
USD11.21 +0.30 (+2.72%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.49
Float Shares
49.81M
Free Float %
62.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.54% +2.12% -1.10% +4.24% -15.62% -24.47% +278.55% -0.48% -63.14% -49.07% -49.07%
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
11.21
Low 18.00 +60.5%
Consensus 24.67 +120.0%
Median 28.00 +149.7%
High 28.00 +149.7%
Ratings Trend (MoM) 90% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 7 -1
Hold 1 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter 2
23.00
+105.1%
Last Year 7
22.57
+101.3%
All Time 16
24.63
+119.7%
Quality scores
Altman Z-Score
-5.82
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +216.9% Q1'26: +104.4% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +42.7% Q1'26: +71.8% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -137.1% Q1'26: -26.8% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    -91.4% Q1'26: -26.5% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    Q1'26: +12.0% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +15.4% Q1'26: +14.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.02× Q1'26: -0.04× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.57) × ERP
WACC = 100% × Ke + 0% × Kd (2,510.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 11.21
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 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
3 EPS Ana.
Dec 2027
7 Rev. Ana.
3 EPS Ana.
Dec 2028
9 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
2 EPS Ana.
Dec 2030
4 Rev. Ana.
5 EPS Ana.
Revenue
682.0K
est: 2.59M (-73.7%)
55.25M
est: 50.50M (+9.4%)
175.11M
est: 174.50M (+0.3%)
334.03M
332.35M – 336.77M
+91.4% YoY
539.95M
528.90M – 561.11M
+61.6% YoY
755.07M
755.07M – 755.07M
+39.8% YoY
904.79M
875.01M – 977.83M
+19.8% YoY
1.02B
986.60M – 1.10B
+12.8% YoY
EBITDA
-159.05M
est: -451.8K (-35,102.6%)
-261.52M
est: -9.19M (-2,745.5%)
-159.35M
est: -31.76M (-401.7%)
-60.79M
-61.29M – -60.49M
-91.4% YoY
-98.27M
-102.12M – -96.26M
-61.6% YoY
-137.42M
-137.42M – -137.42M
-39.8% YoY
-164.68M
-177.97M – -159.25M
-19.8% YoY
-185.68M
-200.67M – -179.56M
-12.8% YoY
EBIT
-159.62M
est: -453.7K (-35,083.9%)
-262.32M
est: -9.23M (-2,742.8%)
-159.99M
est: -31.89M (-401.7%)
-61.04M
-61.54M – -60.73M
-91.4% YoY
-98.66M
-102.53M – -96.64M
-61.6% YoY
-137.97M
-137.97M – -137.97M
-39.8% YoY
-165.33M
-178.68M – -159.89M
-19.8% YoY
-186.41M
-201.46M – -180.28M
-12.8% YoY
Net Income
-201.59M
est: -326.01M (+38.2%)
-334.33M
est: -398.02M (+16.0%)
-221.25M
est: -237.33M (+6.8%)
-40.71M
-43.62M – -37.79M
+82.8% YoY
90.22M
83.76M – 96.68M
+321.6% YoY
239.34M
126.57M – 366.36M
+165.3% YoY
288.45M
276.10M – 318.72M
+20.5% YoY
343.13M
328.45M – 379.15M
+19.0% YoY
SGA
117.93M
est: 94.30M (+25.1%)
290.66M
est: 1.84B (-84.2%)
279.72M
est: 6.34B (-95.6%)
12.14B
12.08B – 12.24B
+91.4% YoY
19.63B
19.23B – 20.40B
+61.6% YoY
27.45B
27.45B – 27.45B
+39.8% YoY
32.89B
31.81B – 35.55B
+19.8% YoY
37.09B
35.87B – 40.08B
+12.8% YoY
EPS
-3.93
est: -4.46 (+11.9%)
-5.29
est: -5.29 (+0.1%)
-3.03
est: -3.16 (+4.0%)
-0.54
-0.60 – -0.52
+82.8% YoY
1.20
1.15 – 1.33
+321.6% YoY
2.72
1.74 – 5.02
+126.9% YoY
3.96
3.79 – 4.37
+45.3% YoY
4.71
4.50 – 5.20
+19.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-15 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-86.81M
OE per share TTM
-1.17
Owner's Yield
-8.66%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
8.7%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
14
Total invested
98.10M
Insider transactions (90d)
0
Beneficial owners (>5%)
44
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 James N. Topper 8.42M 21.50% 17.6K 8.41M 17.6K 8.41M IN 2022-09-26
2 Patrick J. Heron 8.42M 21.50% 14.9K 8.41M 14.9K 8.41M IN 2022-09-26
3 Takeda Pharmaceutical Company Limited 7.46M 19.20% 7.46M 7.46M 10.00 CO Japan 2021-11-12
4 FHMLS IX, L.L.C. 5.83M 14.90% 5.83M 5.83M OO 2022-09-26
5 FHMLS IX, L.P. 5.83M 14.90% 5.83M 5.83M PN 2022-09-26
6 Frazier Life Sciences IX, L.P. 5.83M 14.90% 5.83M 5.83M PN 2022-09-26
7 2. 3.83M 12.30% 3.83M 3.83M HC, IN Delaware 2021-02-16
8 (1) BlackRock, Inc. 3.12M 5.20% 3.06M 3.06M HC Delaware 2024-11-12
9 Abingworth LLP 2.94M 6.70% 2.94M 2.94M PN England and Wales 2023-03-09
10 CG Subsidiary Holdings L.L.C. 2.94M 6.70% 2.94M 2.94M OO England and Wales 2023-03-09
11 Carlyle Genesis UK LLC 2.94M 6.70% 2.94M 2.94M OO England and Wales 2023-03-09
12 Carlyle Holdings I GP Inc. 2.94M 6.70% 2.94M 2.94M CO England and Wales 2023-03-09
13 Carlyle Holdings I GP Sub L.L.C. 2.94M 6.70% 2.94M 2.94M OO England and Wales 2023-03-09
14 Carlyle Holdings I L.P. 2.94M 6.70% 2.94M 2.94M PN England and Wales 2023-03-09
15 Carlyle Investment Management L.L.C. 2.94M 6.70% 2.94M 2.94M OO England and Wales 2023-03-09
16 TC Group, L.L.C. 2.94M 6.70% 2.94M 2.94M OO England and Wales 2023-03-09
17 The Carlyle Group Inc. 2.94M 6.70% 2.94M 2.94M CO England and Wales 2023-03-09
18 Company, L.P. 2.41M 5.81% 2.41M PN Delaware 2022-09-23
19 Deerfield Mgmt, L.P. 2.41M 5.81% 2.41M PN Delaware 2022-09-23
20 Deerfield Partners, L.P. 2.41M 5.81% 2.41M PN Delaware 2022-09-23
21 James E. Flynn 2.41M 5.81% 2.41M IN Delaware 2022-09-23
22 Albert Cha 2.08M 5.30% 2.08M 2.08M IN 2022-09-26
23 FHMLSP, L.L.C. 2.08M 5.30% 2.08M 2.08M OO 2022-09-26
24 FHMLSP, L.P. 2.08M 5.30% 2.08M 2.08M PN 2022-09-26
25 Frazier Life Sciences Public Fund, L.P. 2.08M 5.30% 2.08M 2.08M PN 2022-09-26
26 James Brush 2.08M 5.30% 2.08M 2.08M IN 2022-09-26
27 98-0557567 2.07M 6.60% 1.90M 2.07M IA, HC Bermuda 2022-02-10
28 The Vanguard Group - 23-1945930 1.93M 6.14% 46.0K IA Pennsylvania For 2022-02-10
29 Avidity Capital Partners (GP) LLC 1.90M 6.00% 1.90M 1.90M OO 2022-02-14
30 Avidity Capital Partners Fund (GP) LP 1.90M 6.00% 1.90M 1.90M PN, OO 2022-02-14
31 Avidity Partners Management (GP) LLC 1.90M 6.00% 1.90M 1.90M OO 2022-02-14
32 Avidity Partners Management LP 1.90M 6.00% 1.90M 1.90M IA, PN 2022-02-14
33 David Witzke 1.90M 6.00% 1.90M 1.90M IN 2022-02-14
34 Michael Gregory 1.90M 6.00% 1.90M 1.90M IN 2022-02-14
35 EIN #00-0000000 1.84M 5.90% 1.84M 1.84M IA, HC Jersey, Channel Islands 2022-02-10
36 1,687,721 1.69M 5.40% 1.69M 1.69M IN 2021-02-11
37 1,505,945 1.51M 4.80% 1.51M 1.51M IN 2021-02-11
38 Abingworth Bioventures 8 LP 1.50M 3.40% 1.50M 1.50M PN England and Wales 2023-03-09
39 Abingworth Bioventures VII LP 1.44M 3.30% 1.44M 1.44M PN England and Wales 2023-03-09
40 Daniel Estes 495.3K 1.30% 495.3K 495.3K IN 2022-09-26
41 FHMLS XI, L.L.C. 495.3K 1.30% 495.3K 495.3K OO 2022-09-26
42 FHMLS XI, L.P. 495.3K 1.30% 495.3K 495.3K PN 2022-09-26
43 Frazier Life Sciences XI, L.P. 495.3K 1.30% 495.3K 495.3K PN 2022-09-26
44 Tadataka Yamada 0.00% IN 2022-02-10

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
14
-163 vs prev Q
New positions
2
Closed positions
160
Increased
9
Reduced
2
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 86.8K +86.8K (+100.0%) 1.44B +1.4B (+100.0%) 0.12% +0.118 pp 0.57% +0.568 pp USD16.59 +0.0% 1 qtrs NEW
2 FRAZIER LIFE SCIENCES MANAGEMENT, L.P. 12.47M +— (+0.0%) 206.82M +60.1M (+41.0%) 16.99% -0.218 pp 5.55% +1.158 pp USD12.42 +33.6% 16 qtrs
3 MEDICXI VENTURES MANAGEMENT (JERSEY) LTD 7.46M +— (+0.0%) 123.84M +36.0M (+41.0%) 10.17% -0.131 pp 14.83% +3.029 pp USD16.82 -1.4% 25 qtrs
4 INVESCO LTD. 3.92M +55.5K (+1.4%) 65.04M +19.5M (+43.0%) 5.34% +0.008 pp 0.01% +0.003 pp USD20.89 -20.6% 25 qtrs
5 BLACKROCK, INC. 3.56M +153.2K (+4.5%) 58.99M +18.9M (+47.3%) 4.84% +0.149 pp 0.00% +0.000 pp USD16.85 -1.5% 6 qtrs
6 CARLYLE GROUP INC. 3.50M +— (+0.0%) 57.98M +16.9M (+41.2%) 4.76% -0.061 pp 0.43% -0.519 pp USD8.29 +100.1% 12 qtrs
7 VANGUARD GROUP INC 3.18M -38.4K (-1.2%) 52.71M +14.9M (+39.3%) 4.33% -0.109 pp 0.00% +0.000 pp USD18.82 -11.8% 25 qtrs
8 ENSIGN PEAK ADVISORS, INC 2.35M -151.3K (-6.0%) 39.02M +9.6M (+32.4%) 3.20% -0.250 pp 0.07% +0.021 pp USD19.22 -13.7% 25 qtrs
9 MILLENNIUM MANAGEMENT LLC 2.08M -3.0M (-59.0%) 34.54M -25.3M (-42.2%) 2.84% -4.175 pp 0.01% -0.011 pp USD10.55 +57.3% 14 qtrs
10 NEA MANAGEMENT COMPANY, LLC 1.96M +— (+0.0%) 32.52M +9.4M (+41.0%) 2.67% -0.034 pp 1.66% +0.392 pp USD12.51 +32.6% 11 qtrs
11 683 CAPITAL MANAGEMENT, LLC 1.79M -35.4K (-1.9%) 29.61M +8.2M (+38.2%) 2.43% -0.080 pp 1.29% +0.169 pp USD9.44 +75.7% 17 qtrs
12 CATALYS PACIFIC, LLC 1.43M +261.9K (+22.4%) 23.71M +10.0M (+72.6%) 1.95% +0.336 pp 7.63% +3.725 pp USD12.97 +27.9% 9 qtrs
13 WASATCH ADVISORS LP 1.33M -205.5K (-13.4%) 22.09M +4.0M (+22.1%) 1.81% -0.307 pp 0.13% +0.034 pp USD9.53 +74.1% 6 qtrs
14 GW&K INVESTMENT MANAGEMENT, LLC 1.31M +162.3K (+14.2%) 21.68M +8.2M (+60.9%) 1.78% +0.201 pp 0.19% +0.068 pp USD19.36 -14.3% 20 qtrs
15 STATE STREET CORP 1.15M +95.9K (+9.1%) 19.07M +6.7M (+53.8%) 1.57% +0.112 pp 0.00% +0.000 pp USD17.02 -2.5% 25 qtrs
16 GEODE CAPITAL MANAGEMENT, LLC 1.07M -15.5K (-1.4%) 17.81M +5.0M (+38.9%) 1.46% -0.040 pp 0.00% +0.000 pp USD16.44 +0.9% 25 qtrs
17 PROPEL BIO MANAGEMENT, LLC 740.9K +188.0K (+34.0%) 12.29M +5.8M (+88.9%) 1.01% +0.247 pp 10.49% +3.980 pp USD11.08 +49.7% 9 qtrs
18 CATALIO CAPITAL MANAGEMENT, LP 699.0K -429.5K (-38.1%) 11.60M -1.7M (-12.7%) 0.95% -0.605 pp 2.05% -0.406 pp USD10.47 +58.5% 3 qtrs
19 DIVISADERO STREET CAPITAL MANAGEMENT, LP 662.3K +662.3K (+100.0%) 10.99M +11.0M (+100.0%) 0.90% +0.902 pp 0.51% +0.514 pp USD16.59 +0.0% 1 qtrs NEW
20 MOORE CAPITAL MANAGEMENT, LP 600.0K +— (+0.0%) 9.95M +2.9M (+41.0%) 0.82% -0.011 pp 0.14% +0.046 pp USD9.59 +73.0% 3 qtrs
21 SUMMITTX CAPITAL, L.P. 517.8K +131.9K (+34.2%) 8.59M +4.0M (+89.1%) 0.71% +0.173 pp 0.26% +0.071 pp USD13.00 +27.6% 2 qtrs
22 CAPTION MANAGEMENT, LLC 486.3K -513.7K (-51.4%) 8.07M -3.7M (-31.5%) 0.66% -0.717 pp 0.06% -0.037 pp USD10.94 +51.6% 3 qtrs
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 397.9K +32.0K (+8.7%) 6.60M +2.3M (+53.3%) 0.54% +0.037 pp 0.00% +0.000 pp USD17.10 -3.0% 25 qtrs
24 NEXT CENTURY GROWTH INVESTORS LLC 393.8K +393.8K (+100.0%) 6.53M +6.5M (+100.0%) 0.54% +0.537 pp 0.45% +0.454 pp USD16.59 +0.0% 1 qtrs NEW
25 GOLDMAN SACHS GROUP INC 392.0K +240.0K (+157.9%) 6.50M +4.7M (+263.5%) 0.53% +0.324 pp 0.00% +0.001 pp USD14.77 +12.3% 18 qtrs
26 JANE STREET GROUP, LLC 384.8K +277.5K (+258.7%) 6.38M +5.1M (+405.6%) 0.52% +0.376 pp 0.00% +0.001 pp USD15.25 +8.8% 2 qtrs
27 NORTHERN TRUST CORP 356.5K -1.1K (-0.3%) 5.91M +1.7M (+40.5%) 0.49% -0.008 pp 0.00% +0.000 pp USD19.85 -16.4% 25 qtrs
28 SIMPLIFY ASSET MANAGEMENT INC. 321.9K +— (+0.0%) 5.34M +1.6M (+41.0%) 0.44% -0.006 pp 0.09% +0.017 pp USD8.54 +94.3% 12 qtrs
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 317.6K +262.3K (+474.3%) 5.27M +4.6M (+709.5%) 0.43% +0.356 pp 0.00% +0.001 pp USD15.37 +7.9% 16 qtrs
30 CITADEL ADVISORS LLC 311.3K -197.4K (-38.8%) 5.16M -822.9K (-13.7%) 0.42% -0.278 pp 0.00% 0.000 pp USD11.77 +41.0% 24 qtrs
31 UBS GROUP AG 304.4K -34.0K (-10.0%) 5.05M +1.1M (+26.8%) 0.41% -0.052 pp 0.00% +0.000 pp USD8.11 +104.6% 14 qtrs
32 STEPSTONE GROUP LP 422.1K +— (+0.0%) 4.97M +— (+0.0%) 0.58% -0.007 pp 2.66% +0.322 pp USD32.10 -48.3% 18 qtrs
33 JPMORGAN CHASE & CO 296.7K +159.7K (+116.6%) 4.92M +3.3M (+205.4%) 0.40% +0.215 pp 0.00% +0.000 pp USD22.06 -24.8% 25 qtrs
34 BREVAN HOWARD CAPITAL MANAGEMENT LP 277.0K +218.9K (+376.8%) 4.60M +3.9M (+572.0%) 0.38% +0.297 pp 0.05% +0.047 pp USD15.36 +8.0% 7 qtrs
35 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 268.0K +— (+0.0%) 4.45M +1.3M (+41.0%) 0.37% -0.005 pp 0.07% +0.019 pp USD9.59 +73.0% 3 qtrs
36 D. E. SHAW & CO., INC. 261.1K +261.1K (+100.0%) 4.33M +4.3M (+100.0%) 0.36% +0.356 pp 0.00% +0.002 pp USD16.59 +0.0% 1 qtrs NEW
37 BANK OF AMERICA CORP /DE/ 259.0K +9.9K (+4.0%) 4.30M +1.4M (+46.6%) 0.35% +0.009 pp 0.00% +0.000 pp USD11.31 +46.7% 25 qtrs
38 BALYASNY ASSET MANAGEMENT L.P. 207.1K -88.1K (-29.8%) 3.44M -38.5K (-1.1%) 0.28% -0.125 pp 0.00% +0.000 pp USD11.52 +44.0% 7 qtrs
39 AVIDITY PARTNERS MANAGEMENT LP 206.1K -99.9K (-32.7%) 3.42M -182.8K (-5.1%) 0.28% -0.142 pp 0.99% +0.166 pp USD15.91 +4.3% 17 qtrs
40 BIRCHVIEW CAPITAL, LP 195.0K +110.0K (+129.4%) 3.24M +2.2M (+223.4%) 0.27% +0.148 pp 1.89% +1.139 pp USD14.21 +16.7% 3 qtrs
41 NEWEDGE ADVISORS, LLC 200.8K -700.0 (-0.3%) 3.16M +930.3K (+41.7%) 0.27% -0.005 pp 0.01% +0.001 pp USD11.77 +41.0% 2 qtrs
42 WOODLINE PARTNERS LP 187.3K +— (+0.0%) 3.11M +902.7K (+41.0%) 0.26% -0.003 pp 0.01% +0.002 pp USD16.21 +2.3% 11 qtrs
43 AMERIPRISE FINANCIAL INC 185.7K -368.8K (-66.5%) 3.08M -3.4M (-52.8%) 0.25% -0.512 pp 0.00% -0.001 pp USD11.06 +50.0% 3 qtrs
44 CAXTON ASSOCIATES LLP 182.0K +143.4K (+371.8%) 3.02M +2.6M (+565.0%) 0.25% +0.195 pp 0.06% +0.048 pp USD15.57 +6.6% 2 qtrs
45 HUSSMAN STRATEGIC ADVISORS, INC. 147.0K +147.0K (+100.0%) 2.44M +2.4M (+100.0%) 0.20% +0.200 pp 0.59% +0.589 pp USD16.59 +0.0% 1 qtrs NEW
46 GILDER GAGNON HOWE & CO LLC 145.2K +56.6K (+64.0%) 2.41M +1.4M (+131.1%) 0.20% +0.076 pp 0.03% +0.015 pp USD15.07 +10.1% 20 qtrs
47 TREXQUANT INVESTMENT LP 136.8K +58.6K (+75.0%) 2.27M +1.3M (+146.7%) 0.19% +0.079 pp 0.02% +0.011 pp USD13.84 +19.9% 5 qtrs
48 WELLINGTON MANAGEMENT GROUP LLP 134.5K -11.9K (-8.1%) 2.23M +508.3K (+29.5%) 0.18% -0.019 pp 0.00% +0.000 pp USD11.77 +41.0% 11 qtrs
49 BANK OF NEW YORK MELLON CORP 123.0K -4.4K (-3.5%) 2.04M +540.7K (+36.1%) 0.17% -0.008 pp 0.00% +0.000 pp USD16.97 -2.2% 25 qtrs
50 MORGAN STANLEY 117.8K -137.8K (-53.9%) 1.95M -1.1M (-35.0%) 0.16% -0.192 pp 0.00% 0.000 pp USD10.11 +64.1% 25 qtrs
51 CAMPBELL & CO INVESTMENT ADVISER LLC 115.3K +115.3K (+100.0%) 1.91M +1.9M (+100.0%) 0.16% +0.157 pp 0.09% +0.092 pp USD16.59 +0.0% 1 qtrs NEW
52 HENNION & WALSH ASSET MANAGEMENT, INC. 115.0K +115.0K (+100.0%) 1.91M +1.9M (+100.0%) 0.16% +0.157 pp 0.07% +0.066 pp USD16.59 +0.0% 1 qtrs NEW
53 NUVEEN, LLC 108.8K -1.3K (-1.1%) 1.81M +509.8K (+39.3%) 0.15% -0.004 pp 0.00% +0.000 pp USD6.53 +154.1% 4 qtrs
54 GROUP ONE TRADING, L.P. 103.7K +99.4K (+2,340.8%) 1.72M +1.7M (+3,340.3%) 0.14% +0.135 pp 0.00% +0.003 pp USD16.39 +1.2% 9 qtrs
55 BARCLAYS PLC 84.9K +27.1K (+46.8%) 1.41M +362.7K (+34.7%) 0.12% +0.036 pp 0.00% +0.000 pp USD13.94 +19.0% 16 qtrs
56 SWISS NATIONAL BANK 84.0K +84.0K (+100.0%) 1.39M +1.4M (+100.0%) 0.11% +0.114 pp 0.00% +0.001 pp USD16.59 +0.0% 1 qtrs NEW
57 GSA CAPITAL PARTNERS LLP 82.6K +12.4K (+17.6%) 1.37M +544.0K (+65.8%) 0.11% +0.016 pp 0.12% +0.049 pp USD12.49 +32.8% 2 qtrs
58 CREATIVE PLANNING 80.8K +2.7K (+3.5%) 1.34M +421.2K (+45.8%) 0.11% +0.002 pp 0.00% +0.000 pp USD9.18 +80.7% 12 qtrs
59 WELLS FARGO & COMPANY/MN 68.0K +14.4K (+26.8%) 1.13M +496.9K (+78.7%) 0.09% +0.019 pp 0.00% +0.000 pp USD11.30 +46.8% 17 qtrs
60 PENN MUTUAL ASSET MANAGEMENT, LLC 62.8K +— (+0.0%) 1.04M +302.7K (+41.0%) 0.09% -0.001 pp 0.62% -0.813 pp USD13.61 +21.9% 23 qtrs
61 DARK FOREST CAPITAL MANAGEMENT LP 62.2K +62.2K (+100.0%) 1.03M +1.0M (+100.0%) 0.08% +0.085 pp 0.05% +0.047 pp USD16.59 +0.0% 1 qtrs NEW
62 TWO SIGMA INVESTMENTS, LP 57.8K +57.8K (+100.0%) 958.6K +958.6K (+100.0%) 0.08% +0.079 pp 0.00% +0.001 pp USD16.59 +0.0% 1 qtrs NEW
63 AQR CAPITAL MANAGEMENT LLC 54.4K +1.8K (+3.5%) 903.3K +283.9K (+45.8%) 0.07% +0.002 pp 0.00% +0.000 pp USD7.17 +131.4% 5 qtrs
64 RHUMBLINE ADVISERS 52.1K -9.6K (-15.6%) 864.2K +137.9K (+19.0%) 0.07% -0.014 pp 0.00% +0.000 pp USD15.09 +9.9% 25 qtrs
65 STIFEL FINANCIAL CORP 51.7K +31.8K (+160.0%) 857.1K +623.2K (+266.5%) 0.07% +0.043 pp 0.00% +0.001 pp USD12.81 +29.5% 4 qtrs
66 STRATOS WEALTH PARTNERS, LTD. 50.3K +50.3K (+100.0%) 834.5K +834.5K (+100.0%) 0.07% +0.069 pp 0.01% +0.009 pp USD16.59 +0.0% 1 qtrs NEW
67 ALLIANCEBERNSTEIN L.P. 49.4K +3.8K (+8.3%) 819.4K +282.8K (+52.7%) 0.07% +0.004 pp 0.00% +0.000 pp USD14.73 +12.6% 23 qtrs
68 VIRTUS INVESTMENT ADVISERS, INC. 46.9K +2.6K (+5.9%) 778.7K +257.2K (+49.3%) 0.06% +0.003 pp 0.21% +0.062 pp USD6.85 +142.2% 4 qtrs
69 ENGINEERS GATE MANAGER LP 44.3K +44.3K (+100.0%) 734.2K +734.2K (+100.0%) 0.06% +0.060 pp 0.01% +0.009 pp USD16.59 +0.0% 1 qtrs NEW
70 ADAR1 CAPITAL MANAGEMENT, LLC 42.9K +— (+0.0%) 711.7K +206.8K (+41.0%) 0.06% -0.001 pp 0.05% +0.005 pp USD8.62 +92.5% 6 qtrs
71 SOUTHEAST ASSET ADVISORS INC. 42.9K +42.9K (+100.0%) 711.3K +711.3K (+100.0%) 0.06% +0.058 pp 0.07% +0.068 pp USD16.59 +0.0% 1 qtrs NEW
72 NEW YORK STATE COMMON RETIREMENT FUND 41.8K +31.0K (+287.7%) 692.7K +566.0K (+446.5%) 0.06% +0.042 pp 0.00% +0.001 pp USD17.97 -7.7% 25 qtrs
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 40.1K +37.3K (+1,288.6%) 666.0K +631.9K (+1,857.2%) 0.05% +0.051 pp 0.00% +0.001 pp USD17.00 -2.4% 25 qtrs
74 XTX TOPCO LTD 39.4K -15.2K (-27.8%) 653.6K +11.2K (+1.7%) 0.05% -0.022 pp 0.02% -0.016 pp USD10.33 +60.6% 4 qtrs
75 PRICE T ROWE ASSOCIATES INC /MD/ 37.1K +5.2K (+16.1%) 616.0K +240.0K (+63.8%) 0.05% +0.007 pp 0.00% +0.000 pp USD10.39 +59.7% 15 qtrs
76 TOCQUEVILLE ASSET MANAGEMENT L.P. 34.7K +10.0K (+40.5%) 575.7K +285.0K (+98.0%) 0.05% +0.013 pp 0.01% +0.004 pp USD13.16 +26.1% 2 qtrs
77 LEGAL & GENERAL GROUP PLC 34.2K +30.2K (+738.0%) 568.2K +520.1K (+1,081.2%) 0.05% +0.041 pp 0.00% +0.000 pp USD16.39 +1.2% 25 qtrs
78 DEUTSCHE BANK AG\ 33.4K +3.8K (+12.9%) 553.8K +205.7K (+59.1%) 0.05% +0.005 pp 0.00% +0.000 pp USD14.51 +14.3% 25 qtrs
79 SCHONFELD STRATEGIC ADVISORS LLC 30.9K +30.9K (+100.0%) 513.4K +513.4K (+100.0%) 0.04% +0.042 pp 0.00% +0.002 pp USD16.59 +0.0% 3 qtrs
80 COMMONWEALTH EQUITY SERVICES, LLC 30.9K +324.0 (+1.1%) 513.3K +153.3K (+42.6%) 0.04% 0.000 pp 0.00% +0.000 pp USD8.68 +91.1% 7 qtrs
81 UBS ASSET MANAGEMENT AMERICAS INC 30.6K +30.6K (+100.0%) 508.2K +508.2K (+100.0%) 0.04% +0.042 pp 0.00% +0.000 pp USD16.59 +0.0% 1 qtrs NEW
82 Y-INTERCEPT (HONG KONG) LTD 30.5K +30.5K (+100.0%) 505.8K +505.8K (+100.0%) 0.04% +0.042 pp 0.01% +0.011 pp USD16.59 +0.0% 1 qtrs NEW
83 OCCIDENTAL ASSET MANAGEMENT, LLC 29.9K +247.0 (+0.8%) 496.4K +147.1K (+42.1%) 0.04% 0.000 pp 0.06% +0.016 pp USD8.51 +94.9% 15 qtrs
84 TUDOR INVESTMENT CORP ET AL 28.6K -5.5K (-16.2%) 473.7K +72.5K (+18.1%) 0.04% -0.008 pp 0.00% +0.000 pp USD11.77 +41.0% 2 qtrs
85 CITIGROUP INC 28.5K +14.8K (+108.7%) 472.1K +311.7K (+194.2%) 0.04% +0.020 pp 0.00% +0.000 pp USD11.96 +38.7% 25 qtrs
86 QUEST PARTNERS LLC 28.3K -26.3K (-48.3%) 468.7K -173.9K (-27.1%) 0.04% -0.037 pp 0.03% -0.016 pp USD10.68 +55.3% 6 qtrs
87 HRT FINANCIAL LP 27.0K +4.5K (+19.9%) 448.0K +183.0K (+69.1%) 0.04% +0.006 pp 0.00% +0.000 pp USD12.57 +32.0% 4 qtrs
88 LOS ANGELES CAPITAL MANAGEMENT LLC 33.4K +33.4K (+100.0%) 444.9K +444.9K (+100.0%) 0.05% +0.046 pp 0.00% +0.002 pp USD16.59 +0.0% 1 qtrs NEW
89 METLIFE INVESTMENT MANAGEMENT, LLC 25.8K +— (+0.0%) 428.8K +124.6K (+41.0%) 0.04% -0.001 pp 0.00% +0.001 pp USD16.15 +2.7% 24 qtrs
90 RAYMOND JAMES FINANCIAL INC 24.4K +11.0K (+82.1%) 404.6K +247.0K (+156.7%) 0.03% +0.015 pp 0.00% +0.000 pp USD13.66 +21.4% 5 qtrs
91 ROYAL BANK OF CANADA 22.6K -139.9K (-86.1%) 374.0K -1.5M (-80.4%) 0.03% -0.193 pp 0.00% 0.000 pp USD9.76 +70.0% 20 qtrs
92 EXODUSPOINT CAPITAL MANAGEMENT, LP 22.4K -48.9K (-68.6%) 371.6K -467.3K (-55.7%) 0.03% -0.068 pp 0.00% -0.006 pp USD10.60 +56.5% 6 qtrs
93 SUMMIT FINANCIAL WEALTH ADVISORS, LLC 22.1K +— (+0.0%) 367.4K +95.2K (+35.0%) 0.03% 0.000 pp 0.05% +0.010 pp USD12.36 +34.2% 6 qtrs
94 ACADIAN ASSET MANAGEMENT LLC 22.2K +22.2K (+100.0%) 367.0K +367.0K (+100.0%) 0.03% +0.030 pp 0.00% +0.001 pp USD16.59 +0.0% 1 qtrs NEW
95 JAIN GLOBAL LLC 21.7K +21.7K (+100.0%) 360.6K +360.6K (+100.0%) 0.03% +0.030 pp 0.00% +0.002 pp USD16.59 +0.0% 1 qtrs NEW
96 KERA CAPITAL PARTNERS, INC. 24.3K -5.8K (-19.3%) 331.6K -22.2K (-6.3%) 0.03% -0.008 pp 0.04% -0.012 pp USD7.95 +108.7% 5 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
1.63
Bullish
Ratio by volume
3.00
Bullish
Buys
13
Sells
8
Shares acquired
906.8K
Shares disposed
139.2K
Cash buys
Cash sales
Net activity
+767,623
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
2026-03-10 Parikh Asit Director G-Gift A Common Stock 40,000 0.00 120,500 I
2026-02-27 Breedlove Robert Charles Officer A-Award A Common Stock 2,790 0.00 62,858 D
2026-02-10 Cook Anne Marie Officer A-Award A Common Stock 3,461 0.00 90,195 D
2026-02-10 Basta Steven L Director / Officer A-Award A Common Stock 12,362 0.00 379,592 D
2026-01-23 Parikh Asit Director G-Gift D Common Stock 80,500 0.00 50,500 D
2026-01-21 Breedlove Robert Charles Officer F-InKind D Common Stock 776 13.61 10.6K 47,068 D
2026-01-13 Parikh Asit Director M-Exempt A Common Stock 8,750 10.30 90.1K 131,000 D
2026-01-02 Narula Sanjeev Officer A-Award A Common Stock 82,715 0.00 226,715 D
2026-01-02 Cook Anne Marie Officer A-Award A Common Stock 75,345 0.00 85,012 D
2026-01-02 Basta Steven L Director / Officer A-Award A Common Stock 251,034 0.00 364,820 D
2025-12-19 Parikh Asit Director M-Exempt D Common Stock (Right to Buy) 8,750 10.30 90.1K 8,750 D
2025-12-18 Breedlove Robert Charles Officer F-InKind D Common Stock 230 16.28 3.7K 47,844 D
2025-12-17 Cook Anne Marie Officer F-InKind D Common Stock 7,703 15.36 118.3K 9,667 D
2025-12-17 Basta Steven L Director / Officer A-Award A Common Stock 62,038 0.00 145,288 D
2025-11-28 Basta Steven L Director / Officer M-Exempt D Performance Shares 90,000 0.00 180,000 D
2025-11-03 Breedlove Robert Charles Officer S-Sale D Common Stock 524 13.51 7.1K 47,407 D
2025-10-06 Narula Sanjeev Officer A-Award A Stock Option (Right to Buy) 200,000 11.61 2.32M 200,000 D
2025-09-25 Basta Steven L Director / Officer M-Exempt A Common Stock 90,000 0.00 90,000 D
2025-09-05 Breedlove Robert Charles Officer S-Sale D Common Stock 461 12.09 5.6K 47,931 D
2025-07-16 Breedlove Robert Charles Officer S-Sale D Common Stock 1,692 8.36 14.2K 48,392 D
2025-06-23 Cook Anne Marie Officer A-Award A Stock Option (Right to Buy) 210,000 9.47 1.99M 210,000 D
2025-06-03 Topper James N Director / 10% Owner A-Award A Stock Option (Right to Buy) 17,500 4.95 86.6K 17,500 D
2025-06-03 Stenhouse Mark Director A-Award A Common Stock 10,500 0.00 30,000 D
2025-06-03 Parikh Asit Director A-Award A Common Stock 10,500 0.00 113,500 D
2025-06-03 KARBE FRANK Director A-Award A Stock Option (Right to Buy) 17,500 4.95 86.6K 17,500 D
2025-06-03 FIELDS HEIDI Director A-Award A Stock Option (Right to Buy) 17,500 4.95 86.6K 17,500 D
2025-06-03 COLA MICHAEL F Director A-Award A Common Stock 10,500 0.00 39,798 D
2025-05-21 Topper James N Director P-Purchase A Common Stock 3,780 3.86 14.6K 59,403 I
2025-05-19 Breedlove Robert Charles Officer A-Award A Stock Option (Right to Buy) 33,000 4.39 144.9K 33,000 D
2025-05-14 Topper James N Director P-Purchase A Common Stock 6,300 3.32 20.9K 55,623 I
2025-05-13 Topper James N Director P-Purchase A Common Stock 1,120 3.16 3.5K 49,323 I
2025-05-12 Topper James N Director P-Purchase A Common Stock 12,601 3.04 38.3K 48,203 I
2025-05-09 Topper James N Director P-Purchase A Common Stock 33,376 3.19 106.6K 33,376 I
2025-05-07 Parikh Asit Director P-Purchase A Common Stock 5,000 2.40 12.0K 95,500 D
2025-05-06 Parikh Asit Director P-Purchase A Common Stock 5,000 2.60 13.0K 90,500 D
2025-05-01 Breedlove Robert Charles Officer Common Stock 0 0.00 50,084 D
2025-04-16 Schroeder Theodore R Director A-Award A Common Stock (Right to Buy) 35,000 4.23 148.1K 35,000 D
2025-04-07 Henderson Molly Officer S-Sale D Common Stock 3,678 4.55 16.7K 89,868 D
2025-04-03 Basta Steven L Director / Officer A-Award A Performance Shares 360,000 0.00 360,000 D
2025-04-01 Basta Steven L Director / Officer No securities are beneficially owned. 0 0.00 0 D
2025-03-13 Parikh Asit Director P-Purchase A Common Stock 10,000 4.42 44.2K 85,500 D
2025-02-27 Nabulsi Azmi Officer A-Award A Common Stock 79,200 0.00 312,590 D
2025-02-27 Henderson Molly Officer A-Award A Common Stock 72,000 0.00 165,546 D
2025-02-27 Curran Terrie Director / Officer A-Award A Stock Option (Right to Buy) 342,500 5.76 1.97M 342,500 D
2025-01-21 Nabulsi Azmi Officer S-Sale D Common Stock 7,886 6.59 52.0K 233,390 D
2025-01-21 Henderson Molly Officer S-Sale D Common Stock 6,583 6.59 43.4K 93,546 D
2025-01-21 Curran Terrie Director / Officer S-Sale D Common Stock 19,109 6.59 125.9K 360,465 D
2024-12-19 Nabulsi Azmi Officer S-Sale D Common Stock 1,118 8.00 8.9K 239,303 D
2024-12-19 Henderson Molly Officer S-Sale D Common Stock 1,291 8.00 10.3K 98,156 D
2024-12-13 Parikh Asit Director P-Purchase A Common Stock 10,000 8.12 81.2K 75,500 D
2024-12-13 KARBE FRANK Director P-Purchase A Common Stock 12,500 7.93 99.1K 57,000 D
2024-09-10 Parikh Asit Director M-Exempt A Common Stock 7,500 11.72 87.9K 93,000 D
2024-07-15 Nabulsi Azmi Officer S-Sale D Common Stock 10,901 11.72 127.8K 240,421
2024-07-15 Henderson Molly Officer S-Sale D Common Stock 4,325 11.72 50.7K 99,447
2024-07-15 Curran Terrie Director / Officer S-Sale D Common Stock 33,848 11.72 396.7K 377,734
2024-05-31 Nabulsi Azmi Officer A-Award A Common Stoock 7,500 0.00 249,567
2024-05-31 Henderson Molly Officer A-Award A Common Stoock 7,500 0.00 102,763
2024-05-29 KARBE FRANK Director A-Award A Common Stock 25,000 10.16 254.1K 44,500
2024-05-23 Topper James N Director / 10% Owner A-Award D Stock Option (Right to Buy) 17,500 10.30 180.3K 17,500
2024-05-23 Stenhouse Mark Director A-Award D Stock Option (Right to Buy) 17,500 10.30 180.3K 17,500
2024-05-23 Socks David A Director A-Award A Common Stock 10,500 0.00 19,500
2024-05-23 Parikh Asit Director A-Award D Stock Option (Right to Buy) 17,500 10.30 180.3K 17,500
2024-05-23 KARBE FRANK Director A-Award D Stock Option (Right to Buy) 17,500 10.30 180.3K 17,500
2024-05-23 FIELDS HEIDI Director A-Award D Stock Option (Right to Buy) 17,500 10.30 180.3K 17,500
2024-05-23 COLA MICHAEL F Director A-Award A Common Stock 10,500 0.00 29,298
2024-04-08 Henderson Molly Officer S-Sale D Common Stoock 3,435 11.10 38.1K 95,263
2024-03-22 Curran Terrie Director / Officer S-Sale D Common Stock 16,851 9.11 153.5K 410,784
2024-01-24 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 3,703,703 8.10 30.00M 3,755,583
2024-01-24 Medicxi Ventures Management (Jersey) Ltd 10% Owner I Common Stock 0 0.00 87,267
2024-01-19 Henderson Molly Officer S-Sale D Common Stock 6,307 7.75 48.9K 98,698
2024-01-18 Nabulsi Azmi Officer A-Award A Stock Option (Right to Buy) 130,000 7.60 988.0K 130,000
2024-01-18 Henderson Molly Officer A-Award A Stock Option (Right to Buy) 120,000 7.60 912.0K 120,000
2024-01-18 Curran Terrie Director / Officer A-Award A Stock Option (Right to Buy) 475,000 7.60 3.61M 475,000
2023-11-20 Henderson Molly Officer S-Sale D Common Stock 2,127 7.24 15.4K 103,061
2023-11-08 Parikh Asit Director P-Purchase A Common Stock 2,500 7.80 19.5K 55,000
2023-11-07 Parikh Asit Director P-Purchase A Common Stock 4,000 7.76 31.0K 52,500
2023-11-06 Parikh Asit Director P-Purchase A Common Stock 1,000 8.04 8.0K 48,500
2023-11-01 Nabulsi Azmi Officer A-Award A Common Stock 32,500 0.00 242,067
2023-11-01 Henderson Molly Officer S-Sale D Common Stock 11,681 8.95 104.5K 105,188
2023-11-01 Curran Terrie Director / Officer A-Award A Common Stock 37,500 0.00 427,171
2023-07-14 Nabulsi Azmi Officer D-Return D Stock Option 70,000 32.20 2.25M 0
2023-07-14 Henderson Molly Officer A-Award A Common Stock 25,000 1.00 25.0K 95,180
2023-07-14 Curran Terrie Director / Officer D-Return D Stock Option 175,000 32.20 5.64M 0
2023-06-02 Parikh Asit Director A-Award A Common Stock 15,000 7.40 111.0K 47,500
2023-06-02 Henderson Molly Officer S-Sale D Common Stock 1,960 11.41 22.4K 68,506
2023-05-25 Topper James N Director / 10% Owner A-Award A Stock Option (Right to Buy) 15,000 11.72 175.8K 15,000
2023-05-25 Stenhouse Mark Director A-Award A Common Stock 9,000 0.00 9,000
2023-05-25 Socks David A Director A-Award A Common Stock 9,000 0.00 9,000
2023-05-25 Parikh Asit Director A-Award A Common Stock 9,000 0.00 32,500
2023-05-25 KARBE FRANK Director A-Award A Common Stock 9,000 0.00 9,000
2023-05-25 FIELDS HEIDI Director A-Award A Common Stock 9,000 0.00 9,000
2023-05-25 COLA MICHAEL F Director A-Award A Stock Option (Right to Buy) 15,000 11.72 175.8K 15,000
2023-05-22 Henderson Molly Officer S-Sale D Common Stock 2,110 12.87 27.2K 70,466
2023-04-11 Nabulsi Azmi Officer P-Purchase A Common Stock 10,000 8.26 82.6K 99,567
2023-04-10 Parikh Asit Director P-Purchase A Common Stock 1,000 7.55 7.6K 23,500
2023-04-06 Henderson Molly Officer S-Sale D Common Stock 3,439 7.27 25.0K 72,576
2023-04-06 Curran Terrie Director / Officer P-Purchase A Common Stock 12,919 7.82 101.0K 188,290
2023-03-01 Henderson Molly Officer S-Sale D Common Stock 2,032 8.53 17.3K 76,015
2023-03-01 Curran Terrie Director / Officer S-Sale D Common Stock 1,436 8.54 12.3K 175,371
2023-02-13 Parikh Asit Director P-Purchase A Common Stock 5,000 7.73 38.7K 22,500
2023-01-20 Curran Terrie Officer S-Sale D Common Stock 5,821 8.20 47.7K 176,807
2023-01-19 Nabulsi Azmi Officer A-Award A Common Stock 45,000 0.00 89,567
2023-01-19 Henderson Molly Officer A-Award A Common Stock 33,000 0.00 78,047
2023-01-19 Curran Terrie Officer A-Award A Common Stock 97,500 0.00 182,628
2023-01-12 Parikh Asit Director P-Purchase A Common Stock 5,000 7.00 35.0K 17,500
2022-11-21 Henderson Molly Officer S-Sale D Common Stock 2,159 9.60 20.7K 43,341
2022-11-21 Curran Terrie Officer S-Sale D Common Stock 1,526 9.60 14.6K 83,720
2022-09-22 Topper James N Director / 10% Owner A-Award A Stock Option (Right to Buy 20,000 10.02 200.4K 20,000
2022-09-01 Nabulsi Azmi Officer A-Award A Common Stock 7,500 0.00 41,971
2022-09-01 Henderson Molly Officer A-Award A Common Stock 7,500 0.00 45,500
2022-09-01 Curran Terrie Officer A-Award A Common Stock 7,500 0.00 85,246
2022-05-25 Stenhouse Mark Director A-Award A Stock Option (Right to Buy) 15,000 7.40 111.0K 15,000
2022-05-25 Socks David A Director A-Award A Stock Option (Right to Buy) 15,000 0.00 15,000
2022-05-25 Parikh Asit Director A-Award A Stock Option (Right to Buy) 15,000 0.00 15,000
2022-05-25 KARBE FRANK Director A-Award A Stock Option (Right to Buy) 10,000 7.40 74.0K 10,000
2022-05-25 FIELDS HEIDI Director A-Award A Stock Option (Right to Buy) 15,000 0.00 15,000
2022-05-25 COLA MICHAEL F Director A-Award A Stock Option (Right to Buy) 15,000 0.00 15,000
2022-05-19 Nabulsi Azmi Officer A-Award A Common Stock 12,000 0.00 33,378
2022-05-19 Henderson Molly Officer A-Award A Common Stock 12,000 0.00 38,000
2022-05-19 Curran Terrie Officer A-Award A Common Stock 12,000 0.00 76,595
2022-05-16 Nabulsi Azmi Officer P-Purchase A Common Stock 20,000 8.16 163.3K 785,700
2022-05-13 Henderson Molly Officer P-Purchase A Common Stock 6,000 0.00 26,000
2022-05-13 Curran Terrie Officer P-Purchase A Common Stock 20,500 7.41 151.8K 64,595
2022-05-12 Parikh Asit Director P-Purchase A Common Stock 12,500 8.00 100.0K 12,500
2022-04-25 KARBE FRANK Director A-Award A Stock Option (Right to Buy) 20,000 0.00 20,000
2022-04-05 Henderson Molly Officer A-Award A Stock Option (Right to Buy) 100,000 0.00 100,000
2022-03-14 TAKEDA PHARMACEUTICAL CO LTD Director S-Sale D Common Stock 18 19.00 342.00 7,459,286
2022-01-19 Nabulsi Azmi Officer A-Award A Stock Option (Right to Buy) 97,500 15.21 1.48M 97,500
2022-01-19 Guzzo Anthony J. Officer A-Award A Stock Option (Right to Buy) 30,000 15.21 456.3K 30,000
2022-01-19 Curran Terrie Director / Officer 0 0.00 0
2021-11-04 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 1 19.00 19.00 1,100,000
2021-10-08 Socks David A Director S-Sale D Common Stock 2,529 32.05 81.1K 1,211,346
2021-10-07 Socks David A Director S-Sale D Common Stock 15,471 32.66 505.3K 1,213,875
2021-09-22 Socks David A Director S-Sale D Common Stock 4,100 32.06 131.4K 1,229,346
2021-09-21 Socks David A Director S-Sale D Common Stock 13,576 32.79 445.1K 1,233,770
2021-08-16 Socks David A Director S-Sale D Common Stock 4,209 30.47 128.2K 1,261,137
2021-07-13 Parikh Asit Director A-Award A Stock Option (Right to Buy) 7,500 34.05 255.4K 7,500
2021-07-07 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 2,609 35.05 91.4K 871,305
2021-07-02 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 35.01 3.5K 873,914
2021-07-01 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 8,226 35.16 289.2K 874,014
2021-06-29 Socks David A Director S-Sale D Common Stock 13,960 34.00 474.7K 1,260,945
2021-06-28 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 370 35.08 13.0K 882,240
2021-06-28 Socks David A Director S-Sale D Common Stock 25,884 34.07 881.8K 1,275,061
2021-06-25 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 22,881 35.46 811.4K 883,860
2021-06-24 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 10,848 35.14 381.2K 906,741
2021-06-23 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 200 35.00 7.0K 917,589
2021-06-22 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 35.00 3.5K 917,789
2021-06-21 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 9,294 35.31 328.2K 917,889
2021-06-18 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 5,398 35.13 189.6K 927,183
2021-06-17 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 3,305 35.08 115.9K 932,581
2021-06-14 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 2,826 35.06 99.1K 935,886
2021-06-10 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 2,102 35.14 73.9K 938,712
2021-06-09 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 1,191 35.28 42.0K 940,814
2021-06-08 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 35.00 3.5K 942,005
2021-06-07 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 2,264 35.05 79.4K 942,105
2021-06-04 Guzzo Anthony J. Officer D Stock Option (Right to Buy) 57,500 25.06 1.44M 0
2021-06-02 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 4,300 35.18 151.3K 944,369
2021-06-01 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 7,244 35.55 257.5K 952,636
2021-05-28 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 4,133 35.37 146.2K 964,652
2021-05-27 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 2,279 37.55 85.6K 968,785
2021-05-26 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 7,469 36.45 272.2K 982,127
2021-05-25 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 10,399 36.16 376.0K 990,144
2021-05-24 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 8,911 35.58 317.1K 1,002,226
2021-05-21 Yamada Tadataka Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-21 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 11,648 35.74 416.3K 1,011,137
2021-05-21 Stenhouse Mark Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-21 Socks David A Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-21 Parikh Asit Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-21 FIELDS HEIDI Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-21 COLA MICHAEL F Director A-Award A Stock Option (Right to Buy) 12,500 35.49 443.6K 12,500
2021-05-20 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 7,098 35.10 249.1K 1,022,785
2021-05-20 Socks David A Director S-Sale D Common Stock 305 35.27 10.8K 1,300,945
2021-05-19 Socks David A Director S-Sale D Common Stock 17,269 31.96 551.8K 1,323,676
2021-05-14 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 35.00 3.5K 1,029,883
2021-05-13 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 35.33 3.5K 1,029,983
2021-05-12 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 10,871 35.39 384.7K 1,030,988
2021-05-07 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 1,011 35.03 35.4K 1,041,859
2021-05-06 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 202 35.01 7.1K 1,042,870
2021-05-05 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 6,936 35.14 243.7K 1,043,072
2021-05-04 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 100 38.53 3.9K 1,050,008
2021-05-04 Nabulsi Azmi Officer S-Sale D Common Stock 1,089 37.86 41.2K 765,700
2021-05-03 TAKEDA PHARMACEUTICAL CO LTD 10% Owner S-Sale D Common Stock 203 39.06 7.9K 1,069,368
2021-05-03 Nabulsi Azmi Officer S-Sale D Common Stock 4,290 37.85 162.4K 775,910
2021-04-06 Socks David A Director S-Sale D Common Stock 1,400 34.96 48.9K 1,357,427
2021-04-05 Socks David A Director S-Sale D Common Stock 1,730 37.15 64.3K 1,358,827
2021-04-05 Nabulsi Azmi Officer S-Sale D Common Stock 4,252 35.66 151.6K 785,301
2021-04-01 Nabulsi Azmi Officer S-Sale D Common Stock 3,405 37.28 126.9K 791,295
2021-03-22 Curran Terrie Director / Officer M-Exempt D Stock Option (Right to Buy) 11,513 6.95 80.0K 855,687
2021-03-12 Socks David A Director S-Sale D Common Stock 500 46.67 23.3K 1,380,945
2021-03-11 Socks David A Director S-Sale D Common Stock 41,698 47.18 1.97M 1,382,176
2021-03-11 RA CAPITAL MANAGEMENT, L.P. 10% Owner S-Sale D Common Stock 710,000 43.75 31.06M 3,115,008
2021-03-10 Socks David A Director S-Sale D Common Stock 2,425 48.32 117.2K 1,433,520
2021-03-02 Nabulsi Azmi Officer S-Sale D Common Stock 600 44.60 26.8K 803,227
2021-03-01 Nabulsi Azmi Officer S-Sale D Common Stock 1,548 46.05 71.3K 803,827
2021-02-23 Socks David A Director S-Sale D Common Stock 1,019 42.50 43.3K 1,439,910
2021-02-22 Socks David A Director S-Sale D Common Stock 11,482 45.27 519.7K 1,449,587
2021-02-19 Socks David A Director S-Sale D Common Stock 21,360 47.08 1.01M 1,479,385
2021-02-02 Nabulsi Azmi Officer S-Sale D Common Stock 2,700 40.51 109.4K 815,584
2021-02-01 Nabulsi Azmi Officer S-Sale D Common Stock 5,416 38.09 206.3K 818,284
2021-01-28 Nabulsi Azmi Officer A-Award A Stock Option (Right to Buy) 150,000 39.11 5.87M 150,000

Executive team

Top executives
EBIT / Employee
-374.7K
Shares Outstanding
79.43M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Steven Basta President and Chief Executive Officer 525.0K 1.99M 3.98M 455.7K 17.6K 6.97M 85.67%
2 2025 Terrie Curran Former President and Chief Executive Officer 184.0K 473.5K 1.45M 2.83M 4.94M 38.87%
3 2025 Sanjeev Narula Chief Financial and Business Officer 131.4K 1.67M 1.73M 81.5K 7.2K 3.62M 93.92%
4 2025 Azmi Nabulsi, M.D., M.P.H. Former Chief Operating Officer 219.8K 532.2K 232.1K 1.73M 2.71M 28.16%
5 2025 Anne Marie Cook Chief Legal Officer and Secretary 261.5K 199.9K 1.48M 145.9K 16.7K 2.10M 79.80%
6 2024 Terrie Curran Former President and Chief Executive Officer 708.1K 2.47M 368.2K 17.3K 3.56M 69.32%
7 2024 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 569.0K 70.7K 676.4K 233.3K 17.3K 1.57M 47.68%
8 2024 Azmi Nabulsi, M.D., M.P.H. Former Chief Operating Officer 569.0K 70.7K 676.4K 233.3K 17.3K 1.57M 47.68%
9 2024 Molly Henderson Chief Financial and Business Officer 515.0K 70.7K 624.3K 197.0K 17.3K 1.42M 48.80%
10 2023 Terrie Curran President and Chief Executive Officer 687.5K 1.36M 830.5K 518.2K 16.9K 3.41M 64.16%
11 2023 Terrie Curran Former President and Chief Executive Officer 687.5K 1.36M 830.5K 518.2K 16.9K 3.41M 64.16%
12 2023 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 552.0K 763.7K 383.3K 320.0K 16.9K 2.04M 56.34%
13 2023 Molly Henderson Chief Financial and Business Officer 500.0K 814.9K 281.1K 260.9K 16.9K 1.87M 58.49%
14 2022 Terrie Curran President and Chief Executive Officer 650.0K 3.93M 442.4K 15.4K 5.04M 78.02%
15 2022 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 525.0K 1.95M 274.8K 15.4K 2.76M 70.49%
16 2022 Molly Henderson Chief Financial and Business Officer 356.6K 75.0K 1.98M 226.2K 13.5K 2.65M 74.66%
17 2022 Molly Henderson Chief Accounting Officer 356.6K 75.0K 1.98M 226.2K 13.5K 2.65M 74.66%
18 2021 Terrie Curran President and Chief Executive Officer 567.5K 5.29M 396.3K 14.6K 6.27M 84.40%
19 2021 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 491.3K 3.53M 285.8K 14.6K 4.32M 81.68%
20 2021 Anthony Guzzo Chief Accounting Officer 319.3K 22.9K 326.3K 570.6K 111.5K 14.6K 1.37M 65.70%
21 2020 Terrie Curran President and Chief Executive Officer 498.9K 483.0K 3.29M 356.9K 10.0K 4.63M 81.32%
22 2020 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 445.1K 1.31M 268.3K 14.6K 2.36M 55.59%
23 2020 Todd P. Branning Chief Financial Officer 190.6K 294.3K 1.46M 99.8K 6.4K 2.05M 85.51%
24 2019 Terrie Curran President and Chief Executive Officer 41.7K 3.39M 23.1K 3.46M 98.13%
25 2019 David Socks Chief Financial Officer 331.7K 197.6K 12.8K 542.1K 0.00%
26 2019 Azmi Nabulsi, M.D., M.P.H. Chief Operating Officer 388.5K 142.5K 531.0K 0.00%
27 2019 Aditya Kohli, Ph.D. Chief Business Officer 194.1K 80.0K 6.7K 280.8K 0.00%
28 2018 David Socks Chief Financial Officer 153.3K 16.8K 170.1K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-07 DEFA14A
2026-04-07 DEF 14A
2025-04-23 DEFA14A
2025-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-30 8-K
2026-04-30 10-Q
2026-04-07 DEFA14A
2026-04-07 DEF 14A
2026-04-07 ARS
2026-03-27 S-8
2026-03-12 SC 13G
2026-03-11 4
2026-03-03 4
2026-02-26 8-K

Executive team

NameTitleCompensationGender
David A. Socks Co-Founder 2M male
Azmi Nabulsi Co-Founder 2M
Steven L. Basta Chief Executive Officer, President & Director 1M male
Anne Marie Cook Chief Legal Officer & Corporate Secretary 663.4K female
Sanjeev Narula Chief Financial & Business Officer 644.3K male
Eric Sciorilli Director of Business Development & Investor Relations male
Jay Buchanan Senior VP of Manufacturing & Supply Chain
Jonathan Bentley Senior Vice President and Head of Sales, Operations & Training male
Nancy R. Phelan Senior Vice President of Marketing & Analytics female
Paul Cocja Chief People Officer male
Robert Breedlove Vice President of Finance & Principal Accounting Officer male
Eckhard Leifke Chief Medical Officer
ESG Rating
B-
BIOTECHNOLOGY
2026
E (Environmental)
51.1 / 56.3
Company / Sector avg.
S (Social)
72.1 / 62.4
Company / Sector avg.
G (Governance)
63.0 / 60.9
Company / Sector avg.
ESG Total
62.0 / 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