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Relay Therapeutics, Inc. (RLAY)

USD19.05 -0.04 (-0.18%)
US NASDAQ Healthcare Biotechnology
Address 399 Binney Street 2139
Cambridge, MA, US
CEO Sanjiv K. Patel
IPO 2020-07-16
CIK 1812364 ISIN US75943R1023

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Description

Relay Therapeutics, Inc. is a precision medicine company currently engaged in clinical trials. Its central mission involves revolutionizing the drug discovery process, with a particular focus on enhancing the creation of small molecule therapies for specific types of cancer and genetic conditions. The company's pipeline features several promising drug candidates: RLY-4008, an orally administered small molecule designed to inhibit fibroblast growth factor receptor 2 (FGFR2), which is undergoing its initial human trials for patients with advanced or metastatic solid tumors exhibiting FGFR2 alterations; RLY-2608, a leading program targeting mutant phosphoinositide 3 kinase alpha (PI3Ka); and RLY-1971, another oral small molecule, an inhibitor of SHP2 (protein tyrosine phosphatase Src homology region 2 domain-containing phosphatase-2), currently in Phase 1 trials for individuals with advanced solid tumors. Relay Therapeutics has established strategic partnerships, including a collaboration with D. E. Shaw Research, LLC, which utilizes computational modeling to analyze protein motion for the identification and development of therapeutic compounds. Furthermore, an agreement with Genentech, Inc. supports the development and commercialization of RLY-1971. Founded in 2015 as Allostery, Inc., the company rebranded to Relay Therapeutics, Inc. in December of that year and 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
USD19.05 -0.04 (-0.18%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
1.75
Float Shares
140.81M
Free Float %
74.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.62% +0.08% -13.45% +46.77% +109.56% +52.84% +315.76% +26.15% -53.17% -63.11% -63.11%
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 (15 ratings, all time) Buy
Price Targets & DCF
Current price
19.05
Low 18.00 -5.5%
Consensus 21.60 +13.4%
Median 22.00 +15.5%
High 25.00 +31.3%
Ratings Trend (MoM) 92% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 10 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 4
21.50
+12.9%
Last Quarter 5
21.60
+13.4%
Last Year 7
19.29
+1.3%
All Time 16
19.72
+3.5%
Quality scores
Altman Z-Score
21.02
Safe zone
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
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +53.4% Q1'26: -60.9% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +31.8% Q1'26: +10.9% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -1,931.9% Q1'26: -1,703.7% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    -1,800.6% Q1'26: -2,619.7% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    -614.4% Q1'26: -992.1% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +20.1% Q1'26: +6.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.12× Q1'26: -0.10× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.75) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 19.05
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
5 Rev. Ana.
7 EPS Ana.
Dec 2027
5 Rev. Ana.
7 EPS Ana.
Dec 2028
5 Rev. Ana.
8 EPS Ana.
Dec 2029
2 Rev. Ana.
6 EPS Ana.
Dec 2030
2 Rev. Ana.
6 EPS Ana.
Revenue
82.65M
est: 38.75M (+113.3%)
3.03M
est: 6.41M (-52.8%)
1.38M
est: 4.46M (-69.0%)
25.55M
est: 35.21M (-27.4%)
10.01M
est: 15.08M (-33.6%)
15.36M
est: 12.81M (+19.8%)
10.88M
2.50M – 16.79M
-15.1% YoY
19.66M
199.8K – 31.85M
+80.7% YoY
51.03M
4.90M – 81.14M
+159.6% YoY
137.03M
13.16M – 217.89M
+168.5% YoY
361.69M
34.74M – 575.11M
+163.9% YoY
EBITDA
-52.25M
est: -35.90M (-45.5%)
-223.08M
est: -574.20M (+61.1%)
-306.82M
est: -252.99M (-21.3%)
-374.15M
est: -35.21M (-962.7%)
-380.21M
est: -15.08M (-2,421.4%)
-272.92M
est: -12.81M (-2,030.2%)
-10.88M
-16.79M – -2.50M
+15.1% YoY
-19.66M
-31.85M – -199.8K
-80.7% YoY
-51.03M
-81.14M – -4.90M
-159.6% YoY
-137.03M
-217.89M – -13.16M
-168.5% YoY
-361.69M
-575.11M – -34.74M
-163.9% YoY
EBIT
-55.80M
est: -36.23M (-54.0%)
-227.01M
est: -580.17M (+60.9%)
-310.95M
est: -260.72M (-19.3%)
-379.42M
est: -35.21M (-977.7%)
-385.67M
est: -15.08M (-2,457.7%)
-276.48M
est: -12.81M (-2,058.0%)
-10.88M
-16.79M – -2.50M
+15.1% YoY
-19.66M
-31.85M – -199.8K
-80.7% YoY
-51.03M
-81.14M – -4.90M
-159.6% YoY
-137.03M
-217.89M – -13.16M
-168.5% YoY
-361.69M
-575.11M – -34.74M
-163.9% YoY
Net Income
-52.41M
est: -687.19M (+92.4%)
-363.87M
est: -579.15M (+37.2%)
-290.51M
est: -258.70M (-12.3%)
-341.97M
est: -322.83M (-5.9%)
-337.71M
est: -427.82M (+21.1%)
-276.48M
est: -272.71M (-1.4%)
-291.88M
-317.51M – -234.23M
-7.0% YoY
-301.61M
-311.09M – -262.43M
-3.3% YoY
-304.18M
-388.81M – -208.96M
-0.9% YoY
-205.62M
-363.34M – 36.01M
+32.4% YoY
-73.21M
-129.37M – 12.82M
+64.4% YoY
SGA
38.59M
est: 602.76M (-93.6%)
57.39M
est: 99.74M (-42.5%)
65.98M
est: 69.35M (-4.9%)
74.95M
est: 570.38M (-86.9%)
76.59M
est: 244.29M (-68.6%)
56.71M
est: 207.56M (-72.7%)
176.31M
40.54M – 272.08M
-15.1% YoY
318.52M
3.24M – 516.04M
+80.7% YoY
826.74M
79.41M – 1.31B
+159.6% YoY
2.22B
213.22M – 3.53B
+168.5% YoY
5.86B
562.79M – 9.32B
+163.9% YoY
EPS
-2.56
est: -4.81 (+46.8%)
-3.82
est: -3.69 (-3.6%)
-2.59
est: -2.74 (+5.5%)
-2.79
est: -2.53 (-10.4%)
-2.36
est: -2.51 (+5.9%)
-1.61
est: -1.73 (+7.0%)
-1.62
-1.85 – -1.37
+6.6% YoY
-1.66
-1.81 – -1.53
-2.7% YoY
-1.56
-2.27 – -1.22
+6.0% YoY
-1.20
-2.12 – 0.21
+23.3% YoY
-0.43
-0.75 – 0.07
+64.4% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-29 HC Wainwright & Co. Buy Buy Maintain
2026-04-28 Citizens Market Outperform Market Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-08 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-07 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-06 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-05 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-04 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-05-01 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-04-30 C 2/5 1/5 1/5 1/5 3/5 1/5 3/5
2026-04-29 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-28 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-27 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-24 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-261.48M
OE per share TTM
-1.51
Owner's Yield
-11.24%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
240.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
31
Total invested
15.77M
Insider transactions (90d)
3
Beneficial owners (>5%)
20
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 SB Investment Advisers (UK) Limited 27.90M 31.00% 27.90M 27.90M FI 2021-02-16
2 SVF Pauling (Cayman) Limited 27.90M 31.00% 27.90M 27.90M CO 2021-02-16
3 SoftBank Vision Fund (AIV M2) L.P. 27.90M 31.00% 27.90M 27.90M PN 2021-02-16
4 FMR LLC 11.96M 9.95% 11.96M 11.96M HC Delaware 2022-10-11
5 Casdin Capital, LLC 6.30M 5.16% 6.30M 6.30M IA Delaware 2023-10-02
6 Casdin Partners GP, LLC 6.30M 5.16% 6.30M 6.30M OO Delaware 2023-10-02
7 Eli Casdin 6.30M 5.16% 6.30M 6.30M HC, IN Delaware 2023-10-02
8 STATE STREET CORPORATION 6.26M 5.18% 6.10M 6.26M HC 2023-02-03
9 The Vanguard Group - 23-1945930 6.20M 5.74% 121.0K 6.02M 174.5K IA Pennsylvania For 2022-02-10
10 (1) BlackRock, Inc. 5.99M 5.50% 5.86M 5.99M HC Delaware 2022-02-04
11 Abigail P. Johnson 4.76M 5.29% 4.76M IN United States of America 2021-02-08
12 Kevin P. Starr 362.6K 0.30% 362.6K 362.6K IN 2022-02-14
13 Mark Levin 324.7K 0.30% 324.7K 324.7K IN 2022-02-14
14 Robert I. Tepper 322.9K 0.30% 322.9K 322.9K IN 2022-02-14
15 TRV GP III, LLC 0.00% OO 2022-02-14
16 TRV GP IV, LLC 0.00% OO 2022-02-14
17 Third Rock Ventures GP III, L.P. 0.00% PN 2022-02-14
18 Third Rock Ventures GP IV, L.P. 0.00% PN 2022-02-14
19 Third Rock Ventures III, L.P. 0.00% PN 2022-02-14
20 Third Rock Ventures IV, L.P. 0.00% PN 2022-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
31
-197 vs prev Q
New positions
4
Closed positions
197
Increased
17
Reduced
7
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
1 901.5K +901.5K (+100.0%) 7.63B +7.6B (+100.0%) 0.52% +0.523 pp 7.54% +7.543 pp USD8.46 +0.0% 1 qtrs NEW
2 SB INVESTMENT ADVISERS (UK) LTD 27.90M +— (+0.0%) 236.08M +90.4M (+62.1%) 16.19% -0.106 pp 2.36% +1.263 pp USD42.59 -80.1% 22 qtrs
3 COMMODORE CAPITAL LP 17.00M +— (+0.0%) 143.82M +55.1M (+62.1%) 9.86% -0.065 pp 9.57% +5.242 pp USD3.84 +120.3% 3 qtrs
4 POINT72 ASSET MANAGEMENT, L.P. 13.86M -914.5K (-6.2%) 117.25M +40.1M (+52.0%) 8.04% -0.587 pp 0.13% +0.002 pp USD3.43 +146.6% 11 qtrs
5 BLACKROCK, INC. 13.23M -530.9K (-3.9%) 111.91M +40.1M (+55.8%) 7.67% -0.360 pp 0.00% +0.001 pp USD6.49 +30.4% 6 qtrs
6 CASDIN CAPITAL, LLC 13.00M +1.7M (+14.7%) 110.01M +50.8M (+85.8%) 7.54% +0.921 pp 6.83% +1.897 pp USD15.57 -45.7% 22 qtrs
7 VANGUARD GROUP INC 9.69M +295.7K (+3.1%) 81.99M +32.9M (+67.2%) 5.62% +0.136 pp 0.00% +0.001 pp USD21.34 -60.4% 22 qtrs
8 BELLEVUE GROUP AG 8.35M -246.0 (0.0%) 70.60M +27.0M (+62.1%) 4.84% -0.032 pp 1.34% +0.433 pp USD21.38 -60.4% 22 qtrs
9 STATE STREET CORP 6.43M +1.4M (+26.8%) 54.36M +27.9M (+105.6%) 3.73% +0.770 pp 0.00% +0.001 pp USD14.57 -41.9% 22 qtrs
10 NEXTECH INVEST, LTD. 4.70M +855.1K (+22.2%) 39.77M +19.7M (+98.1%) 2.73% +0.481 pp 3.85% +0.789 pp USD3.68 +129.9% 4 qtrs
11 GEODE CAPITAL MANAGEMENT, LLC 3.41M +354.8K (+11.6%) 28.85M +12.9M (+80.9%) 1.98% +0.194 pp 0.00% +0.001 pp USD19.06 -55.6% 22 qtrs
12 TCG CROSSOVER MANAGEMENT, LLC 3.22M +1.4M (+77.9%) 27.24M +17.8M (+188.3%) 1.87% +0.811 pp 0.90% +0.437 pp USD6.64 +27.4% 2 qtrs
13 DIMENSIONAL FUND ADVISORS LP 2.48M -2.6K (-0.1%) 20.98M +8.0M (+61.9%) 1.44% -0.011 pp 0.00% +0.002 pp USD9.87 -14.3% 16 qtrs
14 BIOIMPACT CAPITAL LLC 2.23M -50.2K (-2.2%) 18.89M +7.0M (+58.5%) 1.30% -0.038 pp 2.16% +0.211 pp USD9.86 -14.2% 12 qtrs
15 BALYASNY ASSET MANAGEMENT L.P. 2.10M +924.9K (+78.7%) 17.77M +11.6M (+189.7%) 1.22% +0.532 pp 0.02% +0.015 pp USD6.65 +27.2% 13 qtrs
16 MORGAN STANLEY 2.02M +254.4K (+14.4%) 17.08M +7.9M (+85.4%) 1.17% +0.141 pp 0.00% +0.001 pp USD8.11 +4.3% 22 qtrs
17 PERCEPTIVE ADVISORS LLC 1.90M +1.9M (+100.0%) 16.10M +16.1M (+100.0%) 1.10% +1.104 pp 0.29% +0.287 pp USD8.46 +0.0% 1 qtrs NEW
18 GOLDMAN SACHS GROUP INC 1.86M -9.2K (-0.5%) 15.73M +6.0M (+61.3%) 1.08% -0.013 pp 0.00% +0.001 pp USD10.68 -20.8% 22 qtrs
19 PRICE T ROWE ASSOCIATES INC /MD/ 1.65M +507.7K (+44.6%) 13.92M +8.0M (+134.4%) 0.95% +0.290 pp 0.00% +0.001 pp USD17.69 -52.2% 22 qtrs
20 ALPHABET INC. 1.57M +— (+0.0%) 13.27M +5.1M (+62.1%) 0.91% -0.006 pp 0.51% +0.175 pp USD41.71 -79.7% 22 qtrs
21 TWO SIGMA INVESTMENTS, LP 1.56M +464.6K (+42.4%) 13.20M +7.5M (+130.8%) 0.91% +0.265 pp 0.02% +0.010 pp USD7.23 +17.0% 10 qtrs
22 KYNAM CAPITAL MANAGEMENT, LP 1.42M -1.5M (-50.7%) 12.05M -3.0M (-20.0%) 0.83% -0.860 pp 0.77% -0.352 pp USD3.11 +172.0% 5 qtrs
23 TWO SIGMA ADVISERS, LP 1.29M +165.5K (+14.7%) 10.91M +5.0M (+85.9%) 0.75% +0.092 pp 0.02% +0.010 pp USD6.26 +35.1% 14 qtrs
24 AQR CAPITAL MANAGEMENT LLC 1.16M -137.9K (-10.6%) 9.84M +3.0M (+44.9%) 0.67% -0.085 pp 0.01% +0.001 pp USD3.95 +114.2% 9 qtrs
25 BAKER BROS. ADVISORS LP 1.16M +— (+0.0%) 9.81M +3.8M (+62.1%) 0.67% -0.004 pp 0.06% +0.014 pp USD13.52 -37.4% 12 qtrs
26 EXODUSPOINT CAPITAL MANAGEMENT, LP 1.14M +1.1M (+100.0%) 9.66M +9.7M (+100.0%) 0.66% +0.662 pp 0.08% +0.076 pp USD8.46 +0.0% 3 qtrs
27 NORTHERN TRUST CORP 1.14M -26.7K (-2.3%) 9.63M +3.5M (+58.3%) 0.66% -0.020 pp 0.00% +0.000 pp USD23.16 -63.5% 22 qtrs
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.14M +25.4K (+2.3%) 9.62M +3.8M (+65.8%) 0.66% +0.011 pp 0.00% +0.001 pp USD20.25 -58.2% 22 qtrs
29 BANK OF AMERICA CORP /DE/ 1.04M -154.9K (-13.0%) 8.81M +2.6M (+41.1%) 0.60% -0.094 pp 0.00% +0.000 pp USD5.63 +50.3% 22 qtrs
30 FORESITE CAPITAL MANAGEMENT IV, LLC 1.00M +— (+0.0%) 8.46M +3.2M (+62.1%) 0.58% -0.004 pp 3.68% +0.824 pp USD7.08 +19.5% 6 qtrs
31 MILLENNIUM MANAGEMENT LLC 896.9K +152.9K (+20.5%) 7.59M +3.7M (+95.4%) 0.52% +0.086 pp 0.00% +0.002 pp USD5.70 +48.4% 21 qtrs
32 INVESCO LTD. 865.5K +504.3K (+139.6%) 7.32M +5.4M (+288.3%) 0.50% +0.291 pp 0.00% +0.001 pp USD8.63 -2.0% 21 qtrs
33 NORGES BANK 837.4K +837.4K (+100.0%) 7.08M +7.1M (+100.0%) 0.49% +0.486 pp 0.00% +0.001 pp USD8.46 +0.0% 1 qtrs NEW
34 WOODLINE PARTNERS LP 679.1K -339.0K (-33.3%) 5.75M +430.8K (+8.1%) 0.39% -0.201 pp 0.02% -0.003 pp USD8.68 -2.5% 22 qtrs
35 RENAISSANCE TECHNOLOGIES LLC 647.9K -375.2K (-36.7%) 5.48M +140.6K (+2.6%) 0.38% -0.222 pp 0.01% +0.002 pp USD4.91 +72.3% 18 qtrs
36 ALLIANZ ASSET MANAGEMENT GMBH 560.3K +560.3K (+100.0%) 4.74M +4.7M (+100.0%) 0.33% +0.325 pp 0.00% +0.005 pp USD8.46 +0.0% 1 qtrs NEW
37 HIGHVISTA STRATEGIES LLC 545.1K +304.6K (+126.7%) 4.61M +3.4M (+267.4%) 0.32% +0.176 pp 1.19% +0.880 pp USD6.55 +29.2% 3 qtrs
38 ARROWMARK COLORADO HOLDINGS LLC 541.1K +— (+0.0%) 4.58M +1.8M (+62.1%) 0.31% -0.002 pp 0.10% +0.048 pp USD21.87 -61.3% 22 qtrs
39 CAPTION MANAGEMENT, LLC 500.1K +500.1K (+100.0%) 4.23M +4.2M (+100.0%) 0.29% +0.290 pp 0.03% +0.029 pp USD8.46 +0.0% 1 qtrs NEW
40 ADAGE CAPITAL PARTNERS GP, L.L.C. 500.0K +500.0K (+100.0%) 4.23M +4.2M (+100.0%) 0.29% +0.290 pp 0.01% +0.006 pp USD8.46 +0.0% 1 qtrs NEW
41 EVERSEPT PARTNERS, LP 489.1K +10.1K (+2.1%) 4.14M +1.6M (+65.5%) 0.28% +0.004 pp 0.21% +0.036 pp USD3.56 +137.6% 3 qtrs
42 TREXQUANT INVESTMENT LP 472.0K +472.0K (+100.0%) 3.99M +4.0M (+100.0%) 0.27% +0.274 pp 0.04% +0.036 pp USD8.46 +0.0% 1 qtrs NEW
43 RHENMAN & PARTNERS ASSET MANAGEMENT AB 460.0K +— (+0.0%) 3.89M +1.5M (+62.1%) 0.27% -0.002 pp 0.36% +0.098 pp USD10.00 -15.4% 13 qtrs
44 BESSEMER GROUP INC 457.9K -126.6K (-21.7%) 3.87M +823.0K (+27.0%) 0.27% -0.076 pp 0.01% +0.001 pp USD41.84 -79.8% 22 qtrs
45 ACADIAN ASSET MANAGEMENT LLC 456.6K -44.6K (-8.9%) 3.86M +1.2M (+47.7%) 0.26% -0.028 pp 0.01% +0.002 pp USD2.79 +203.2% 5 qtrs
46 HUDSON BAY CAPITAL MANAGEMENT LP 451.5K +451.5K (+100.0%) 3.82M +3.8M (+100.0%) 0.26% +0.262 pp 0.01% +0.013 pp USD8.46 +0.0% 1 qtrs NEW
47 AMERICAN CENTURY COMPANIES INC 432.5K +38.8K (+9.9%) 3.66M +1.6M (+78.0%) 0.25% +0.021 pp 0.00% +0.001 pp USD10.07 -16.0% 22 qtrs
48 JPMORGAN CHASE & CO 426.0K -36.4K (-7.9%) 3.60M +1.2M (+49.3%) 0.25% -0.023 pp 0.00% +0.000 pp USD18.38 -54.0% 22 qtrs
49 CONGRESS ASSET MANAGEMENT CO /MA 414.2K +5.3K (+1.3%) 3.50M +1.4M (+64.2%) 0.24% +0.002 pp 0.02% +0.011 pp USD7.78 +8.7% 11 qtrs
50 BARCLAYS PLC 414.1K +162.3K (+64.5%) 3.50M +1.7M (+96.5%) 0.24% +0.093 pp 0.00% +0.000 pp USD7.44 +13.7% 16 qtrs
51 SILVERARC CAPITAL MANAGEMENT, LLC 398.2K +398.2K (+100.0%) 3.37M +3.4M (+100.0%) 0.23% +0.231 pp 0.47% +0.468 pp USD8.46 +0.0% 1 qtrs NEW
52 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 389.6K +389.6K (+100.0%) 3.30M +3.3M (+100.0%) 0.23% +0.226 pp 0.01% +0.009 pp USD8.46 +0.0% 1 qtrs NEW
53 BANK OF NEW YORK MELLON CORP 378.7K +7.1K (+1.9%) 3.20M +1.3M (+65.2%) 0.22% +0.003 pp 0.00% +0.000 pp USD21.95 -61.5% 22 qtrs
54 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 339.1K +— (+0.0%) 2.87M +1.1M (+62.1%) 0.20% -0.001 pp 0.04% +0.016 pp USD3.98 +112.6% 3 qtrs
55 NUVEEN, LLC 300.5K +12.0K (+4.2%) 2.54M +1.0M (+68.8%) 0.17% +0.006 pp 0.00% +0.000 pp USD2.85 +196.8% 4 qtrs
56 UBS GROUP AG 296.0K +143.8K (+94.4%) 2.50M +1.7M (+215.1%) 0.17% +0.083 pp 0.00% +0.000 pp USD8.18 +3.4% 22 qtrs
57 RAYMOND JAMES FINANCIAL INC 259.4K +44.6K (+20.8%) 2.19M +1.1M (+95.7%) 0.15% +0.025 pp 0.00% +0.000 pp USD4.95 +70.9% 5 qtrs
58 RAIFFEISEN BANK INTERNATIONAL AG 250.0K +30.0K (+13.6%) 2.09M +945.7K (+82.8%) 0.15% +0.017 pp 0.03% +0.012 pp USD4.82 +75.5% 5 qtrs
59 SWISS NATIONAL BANK 238.0K +5.3K (+2.3%) 2.01M +798.8K (+65.8%) 0.14% +0.002 pp 0.00% +0.001 pp USD21.04 -59.8% 21 qtrs
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 222.9K +86.0K (+62.9%) 1.89M +1.2M (+163.9%) 0.13% +0.049 pp 0.00% +0.000 pp USD5.67 +49.2% 21 qtrs
61 SG AMERICAS SECURITIES, LLC 220.9K +189.0K (+591.7%) 1.87M +1.7M (+1,019.2%) 0.13% +0.110 pp 0.00% +0.002 pp USD8.11 +4.3% 6 qtrs
62 RHUMBLINE ADVISERS 215.7K -1.9K (-0.9%) 1.83M +689.3K (+60.7%) 0.13% -0.002 pp 0.00% +0.001 pp USD19.07 -55.6% 22 qtrs
63 UBS ASSET MANAGEMENT AMERICAS INC 209.8K +7.6K (+3.8%) 1.78M +719.6K (+68.2%) 0.12% +0.004 pp 0.00% +0.000 pp USD16.10 -47.5% 22 qtrs
64 RAFFERTY ASSET MANAGEMENT, LLC 193.8K +42.2K (+27.8%) 1.64M +848.0K (+107.2%) 0.11% +0.024 pp 0.01% +0.003 pp USD11.62 -27.2% 21 qtrs
65 ADVISOR GROUP HOLDINGS, INC. 186.4K +— (+0.0%) 1.58M +606.8K (+62.6%) 0.11% -0.001 pp 0.00% +0.001 pp USD5.24 +61.5% 20 qtrs
66 TD ASSET MANAGEMENT INC 182.0K +63.7K (+53.9%) 1.54M +922.3K (+149.4%) 0.11% +0.037 pp 0.00% +0.001 pp USD12.15 -30.4% 22 qtrs
67 MANUFACTURERS LIFE INSURANCE COMPANY, THE 177.5K +15.0K (+9.2%) 1.49M +638.7K (+75.3%) 0.10% +0.008 pp 0.00% +0.001 pp USD19.31 -56.2% 22 qtrs
68 IEQ CAPITAL, LLC 162.3K -34.2K (-17.4%) 1.37M +347.4K (+33.9%) 0.09% -0.021 pp 0.00% +0.001 pp USD3.37 +151.0% 4 qtrs
69 FMR LLC 162.2K -520.0 (-0.3%) 1.37M +522.9K (+61.6%) 0.09% -0.001 pp 0.00% +0.000 pp USD10.03 -15.7% 22 qtrs
70 WELLS FARGO & COMPANY/MN 157.9K +56.4K (+55.5%) 1.34M +805.7K (+152.0%) 0.09% +0.032 pp 0.00% +0.000 pp USD7.82 +8.2% 22 qtrs
71 XTX TOPCO LTD 157.4K +157.4K (+100.0%) 1.33M +1.3M (+100.0%) 0.09% +0.091 pp 0.04% +0.035 pp USD8.46 +0.0% 13 qtrs
72 ALGERT GLOBAL LLC 146.5K -262.3K (-64.2%) 1.24M -895.0K (-41.9%) 0.09% -0.154 pp 0.02% -0.016 pp USD6.36 +33.0% 13 qtrs
73 ALLIANCEBERNSTEIN L.P. 145.3K +— (+0.0%) 1.23M +470.6K (+62.1%) 0.08% -0.001 pp 0.00% +0.000 pp USD11.16 -24.2% 22 qtrs
74 ALPS ADVISORS INC 142.3K +59.9K (+72.7%) 1.20M +773.8K (+179.8%) 0.08% +0.034 pp 0.01% +0.005 pp USD5.56 +52.2% 3 qtrs
75 SANCTUARY ADVISORS, LLC 142.2K +142.2K (+100.0%) 1.20M +1.2M (+100.0%) 0.08% +0.083 pp 0.01% +0.007 pp USD8.46 +0.0% 3 qtrs
76 DEUTSCHE BANK AG\ 124.0K +3.8K (+3.2%) 1.05M +421.6K (+67.2%) 0.07% +0.002 pp 0.00% +0.000 pp USD9.19 -7.9% 22 qtrs
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 117.7K -20.9K (-15.1%) 995.5K +272.3K (+37.7%) 0.07% -0.013 pp 0.00% +0.000 pp USD20.32 -58.4% 22 qtrs
78 CITADEL ADVISORS LLC 114.1K +114.1K (+100.0%) 965.6K +965.6K (+100.0%) 0.07% +0.066 pp 0.00% +0.000 pp USD8.46 +0.0% 1 qtrs NEW
79 NEOS INVESTMENT MANAGEMENT LLC 113.2K +19.8K (+21.1%) 957.9K +470.0K (+96.3%) 0.07% +0.011 pp 0.01% +0.002 pp USD6.55 +29.2% 9 qtrs
80 TEMA ETFS LLC 111.6K +18.1K (+19.4%) 943.8K +455.9K (+93.4%) 0.06% +0.010 pp 0.07% +0.033 pp USD4.46 +89.7% 5 qtrs
81 LEGAL & GENERAL GROUP PLC 109.2K -3.1K (-2.8%) 923.9K +337.6K (+57.6%) 0.06% -0.002 pp 0.00% +0.000 pp USD20.00 -57.7% 22 qtrs
82 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 105.0K +105.0K (+100.0%) 887.9K +887.9K (+100.0%) 0.06% +0.061 pp 0.05% +0.055 pp USD8.46 +0.0% 1 qtrs NEW
83 STATE OF WISCONSIN INVESTMENT BOARD 101.2K +19.8K (+24.3%) 855.8K +431.0K (+101.5%) 0.06% +0.011 pp 0.00% +0.001 pp USD5.85 +44.6% 22 qtrs
84 ICONIQ CAPITAL, LLC 94.7K +— (+0.0%) 801.1K +306.8K (+62.1%) 0.05% 0.000 pp 0.01% +0.006 pp USD42.59 -80.1% 22 qtrs
85 SQUAREPOINT OPS LLC 94.2K +94.2K (+100.0%) 797.0K +797.0K (+100.0%) 0.05% +0.055 pp 0.00% +0.001 pp USD8.46 +0.0% 7 qtrs
86 MAN GROUP PLC 87.0K -100.8K (-53.7%) 736.3K -244.1K (-24.9%) 0.05% -0.059 pp 0.00% -0.001 pp USD3.75 +125.6% 9 qtrs
87 CREATIVE PLANNING 85.8K +6.0K (+7.5%) 726.2K +309.2K (+74.2%) 0.05% +0.003 pp 0.00% +0.000 pp USD4.13 +104.8% 5 qtrs
88 TUDOR INVESTMENT CORP ET AL 84.2K +7.7K (+10.1%) 712.0K +313.0K (+78.4%) 0.05% +0.004 pp 0.00% +0.001 pp USD5.52 +53.3% 10 qtrs
89 JUMP FINANCIAL, LLC 82.6K +82.6K (+100.0%) 698.4K +698.4K (+100.0%) 0.05% +0.048 pp 0.01% +0.009 pp USD8.46 +0.0% 13 qtrs
90 ENGINEERS GATE MANAGER LP 78.4K +78.4K (+100.0%) 663.0K +663.0K (+100.0%) 0.05% +0.046 pp 0.01% +0.008 pp USD8.46 +0.0% 13 qtrs
91 METLIFE INVESTMENT MANAGEMENT, LLC 77.5K +14.3K (+22.7%) 656.0K +326.0K (+98.8%) 0.05% +0.008 pp 0.00% +0.002 pp USD17.56 -51.8% 22 qtrs
92 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 76.7K +6.7K (+9.5%) 647.5K +282.1K (+77.2%) 0.04% +0.004 pp 0.00% +0.000 pp USD5.98 +41.5% 7 qtrs
93 JANE STREET GROUP, LLC 76.5K -108.5K (-58.7%) 647.0K -318.5K (-33.0%) 0.04% -0.064 pp 0.00% +0.000 pp USD5.22 +62.1% 20 qtrs
94 PROFUND ADVISORS LLC 72.6K +38.9K (+115.4%) 614.1K +438.2K (+249.1%) 0.04% +0.022 pp 0.02% +0.013 pp USD9.70 -12.8% 12 qtrs
95 CWM, LLC 67.6K -325.0 (-0.5%) 572.0K +217.0K (+61.1%) 0.04% 0.000 pp 0.00% +0.001 pp USD3.62 +133.7% 7 qtrs
96 J. GOLDMAN & CO LP 67.6K +67.6K (+100.0%) 571.9K +571.9K (+100.0%) 0.04% +0.039 pp 0.02% +0.015 pp USD8.46 +0.0% 1 qtrs NEW
97 JAIN GLOBAL LLC 66.6K +66.6K (+100.0%) 563.3K +563.3K (+100.0%) 0.04% +0.039 pp 0.00% +0.003 pp USD8.46 +0.0% 4 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 115 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Invesco Dorsey Wright Healthcare Momentum ETF PTH 2.32% 3.92M 0.72%
2 ALPS Medical Breakthroughs ETF SBIO 2.23% 4.74M 0.50%
3 Tema Oncology ETF CANC 1.84% 2.61M 0.75%
4 Global X - S&P Biotech ETF CURE.AX 1.17% 419.9K 0.45%
5 State Street SPDR S&P Biotech ETF XBI 1.17% 126.47M 0.35%
6 Fidelity Disruptive Medicine ETF FMED 1.02% 471.9K 0.50%
7 Virtus Biotech Clinical Trials ETF BBC 0.83% 478.6K 0.65%
8 Invesco Dorsey Wright SmallCap Momentum ETF DWAS 0.71% 3.34M 0.60%
9 Harbor Health Care ETF (MEDI) MEDI 0.65% 282.8K 0.80%
10 iShares Healthcare Innovation UCITS ETF HEAL.L 0.36% 4.10M 0.40%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.17
Bearish
Ratio by volume
0.07
Bearish
Buys
1
Sells
6
Shares acquired
1.8K
Shares disposed
24.5K
Cash buys
Cash sales
5.00
Net activity
-22,732
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
2026-04-28 Rahmer Peter Officer S-Sale D Common Stock 753 14.79 11.1K 275,857 D
2026-04-28 Catinazzo Thomas Officer S-Sale D Common Stock 972 14.79 14.4K 212,895 D
2026-04-28 Bergstrom Donald A Officer S-Sale D Common Stock 1,490 14.79 22.0K 418,557 D
2026-04-09 Catinazzo Thomas Officer M-Exempt A Common Stock 1,800 5.22 9.4K 215,667 D
2026-04-07 Catinazzo Thomas Officer S-Sale D Common Stock 17,717 13.01 230.5K 213,867 D
2026-03-09 Catinazzo Thomas Officer S-Sale D Common Stock 17,717 10.06 178.2K 231,584 D
2026-01-28 Rahmer Peter Officer S-Sale D Common Stock 1,354 8.45 11.4K 276,610 D
2026-01-28 Catinazzo Thomas Officer S-Sale D Common Stock 1,695 8.45 14.3K 249,301 D
2026-01-28 Bergstrom Donald A Officer S-Sale D Common Stock 2,686 8.45 22.7K 420,047 D
2026-01-27 Rahmer Peter Officer S-Sale D Common Stock 11,684 7.62 89.0K 277,964 D
2026-01-27 Catinazzo Thomas Officer S-Sale D Common Stock 13,820 7.62 105.3K 250,996 D
2026-01-27 Bergstrom Donald A Officer S-Sale D Common Stock 18,895 7.62 144.0K 422,733 D
2026-01-13 Rahmer Peter Officer A-Award A Stock Option (Right to Buy) 475,000 7.94 3.77M 475,000 D
2026-01-13 Patel Sanjiv Director / Officer A-Award A Stock Option (Right to Buy) 1,450,000 7.94 11.51M 1,450,000 D
2026-01-13 Catinazzo Thomas Officer A-Award A Stock Option (Right to Buy) 400,000 7.94 3.18M 400,000 D
2026-01-13 Bergstrom Donald A Officer A-Award A Stock Option (Right to Buy) 575,000 7.94 4.57M 575,000 D
2026-01-06 Patel Sanjiv Director / Officer S-Sale D Common Stock 43,168 7.82 337.6K 661,041 D
2025-12-31 Rahmer Peter Officer A-Award A Common Stock 994 2.99 3.0K 338,463 D
2025-12-31 Patel Sanjiv Director / Officer A-Award A Common Stock 994 2.99 3.0K 704,209 D
2025-11-04 Dable Habib J Director A-Award A Stock Option (Right to Buy) 207,931 6.86 1.43M 207,931 D
2025-11-04 COATS LONNEL Director A-Award A Stock Option (Right to Buy) 207,931 6.86 1.43M 207,931 D
2025-11-03 Patel Sanjiv Director / Officer S-Sale D Common Stock 62,073 7.00 434.5K 703,215 D
2025-10-29 Rahmer Peter Officer S-Sale D Common Stock 21,394 7.50 160.5K 337,469 D
2025-10-28 Rahmer Peter Officer S-Sale D Common Stock 19,135 7.29 139.5K 358,863 D
2025-10-28 Catinazzo Thomas Officer S-Sale D Common Stock 21,664 7.29 157.9K 313,631 D
2025-10-28 Bergstrom Donald A Officer S-Sale D Common Stock 30,897 7.29 225.2K 521,823 D
2025-07-29 Rahmer Peter Officer S-Sale D Common Stock 15,724 3.68 57.9K 377,998 D
2025-07-29 Catinazzo Thomas Officer S-Sale D Common Stock 18,380 3.68 67.6K 335,295 D
2025-07-29 Bergstrom Donald A Officer S-Sale D Common Stock 26,701 3.68 98.3K 552,720 D
2025-07-29 Adams Brian Officer S-Sale D Common Stock 18,276 3.68 67.3K 371,472 D
2025-07-28 Rahmer Peter Officer S-Sale D Common Stock 1,359 3.74 5.1K 393,722 D
2025-07-28 Catinazzo Thomas Officer S-Sale D Common Stock 1,701 3.74 6.4K 353,675 D
2025-07-28 Bergstrom Donald A Officer S-Sale D Common Stock 4,069 3.74 15.2K 579,421 D
2025-07-28 Adams Brian Officer S-Sale D Common Stock 1,637 3.74 6.1K 389,748 D
2025-07-09 Patel Sanjiv Director / Officer S-Sale D Common Stock 42,740 3.57 152.6K 783,927 D
2025-06-30 Rahmer Peter Officer A-Award A Common Stock 5,000 2.94 14.7K 395,081 D
2025-06-30 Patel Sanjiv Director / Officer A-Award A Common Stock 5,000 2.94 14.7K 826,667 D
2025-06-09 Mazumdar Claire Director A-Award A Stock Option (Right to Buy) 421,241 3.36 1.42M 421,241 D
2025-06-06 Rubin Jami Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-06-06 Murcko Mark Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-06-06 Kathiresan Sekar Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-06-06 INGRAM DOUGLAS S Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-06-06 HILL LINDA A Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-06-06 Borisy Alexis Director A-Award A Stock Option (Right to Buy) 136,681 3.36 459.2K 136,681 D
2025-04-30 Rahmer Peter Officer S-Sale D Common Stock 10,739 3.00 32.2K 390,081 D
2025-04-30 Catinazzo Thomas Officer S-Sale D Common Stock 12,943 3.00 38.8K 355,376 D
2025-04-30 Bergstrom Donald A Officer S-Sale D Common Stock 27,472 3.00 82.4K 583,490 D
2025-04-30 Adams Brian Officer S-Sale D Common Stock 12,943 3.00 38.8K 391,385 D
2025-04-29 Catinazzo Thomas Officer S-Sale D Common Stock 3,558 3.23 11.5K 368,319 D
2025-04-28 Rahmer Peter Officer S-Sale D Common Stock 1,364 3.17 4.3K 400,820 D
2025-04-28 Catinazzo Thomas Officer S-Sale D Common Stock 1,709 3.17 5.4K 372,858 D
2025-04-28 Bergstrom Donald A Officer S-Sale D Common Stock 4,090 3.17 13.0K 610,962 D
2025-04-28 Adams Brian Officer S-Sale D Common Stock 1,644 3.17 5.2K 404,328 D
2025-04-23 Patel Sanjiv Director / Officer S-Sale D Common Stock 42,769 2.97 127.0K 840,320 D
2025-03-27 Rahmer Peter Officer S-Sale D Common Stock 247 2.84 701.48 402,184 D
2025-03-27 Catinazzo Thomas Officer S-Sale D Common Stock 298 2.84 846.32 379,133 D
2025-03-27 Bergstrom Donald A Officer S-Sale D Common Stock 986 2.84 2.8K 615,052 D
2025-03-27 Adams Brian Officer S-Sale D Common Stock 298 2.84 846.32 405,972 D
2025-02-13 Patel Sanjiv Director / Officer S-Sale D Common Stock 75,324 3.70 278.7K 883,089 D
2025-02-11 Patel Sanjiv Director / Officer A-Award A Common Stock 332,465 0.00 958,413 D
2025-01-30 Rahmer Peter Officer S-Sale D Common Stock 17,250 4.42 76.2K 402,431 D
2025-01-30 Catinazzo Thomas Officer S-Sale D Common Stock 20,791 4.42 91.9K 379,431 D
2025-01-30 Bergstrom Donald A Officer S-Sale D Common Stock 30,823 4.42 136.2K 616,038 D
2025-01-30 Adams Brian Officer S-Sale D Common Stock 20,791 4.42 91.9K 406,270 D
2025-01-29 Rahmer Peter Officer S-Sale D Common Stock 26,541 4.55 120.8K 419,681 D
2025-01-29 Catinazzo Thomas Officer S-Sale D Common Stock 2,109 4.55 9.6K 400,222 D
2025-01-29 Bergstrom Donald A Officer S-Sale D Common Stock 46,407 4.55 211.2K 646,861 D
2025-01-28 Rahmer Peter Officer S-Sale D Common Stock 1,673 4.63 7.7K 307,081 D
2025-01-28 Catinazzo Thomas Officer A-Award A Common Stock 139,141 0.00 402,331 D
2025-01-28 Bergstrom Donald A Officer S-Sale D Common Stock 3,220 4.63 14.9K 516,868 D
2025-01-28 Adams Brian Officer A-Award A Common Stock 139,141 0.00 427,061 D
2025-01-23 Patel Sanjiv Director / Officer S-Sale D Common Stock 125,000 4.78 597.5K 199,548 I
2025-01-22 Patel Sanjiv Director / Officer S-Sale D Common Stock 125,000 4.80 600.0K 324,548 I
2025-01-21 Patel Sanjiv Director / Officer S-Sale D Common Stock 125,000 4.52 565.0K 449,548 I
2025-01-10 Rahmer Peter Officer A-Award A Stock Option (Right to Buy) 275,000 4.45 1.22M 275,000 D
2025-01-10 Patel Sanjiv Director / Officer A-Award A Stock Option (Right to Buy) 1,105,000 4.45 4.92M 1,105,000 D
2025-01-10 Catinazzo Thomas Officer A-Award A Stock Option (Right to Buy) 275,000 4.45 1.22M 275,000 D
2025-01-10 Bergstrom Donald A Officer A-Award A Stock Option (Right to Buy) 400,000 4.45 1.78M 400,000 D
2025-01-10 Adams Brian Officer A-Award A Stock Option (Right to Buy) 275,000 4.45 1.22M 275,000 D
2025-01-06 Rahmer Peter Officer S-Sale D Common Stock 16,576 4.45 73.8K 308,754 D
2025-01-03 Rahmer Peter Officer S-Sale D Common Stock 32,177 4.30 138.4K 325,330 D
2025-01-02 Rahmer Peter Officer S-Sale D Common Stock 32,156 4.15 133.4K 357,507 D
2024-12-27 Rahmer Peter Officer S-Sale D Common Stock 400 4.38 1.8K 389,663 D
2024-12-27 Catinazzo Thomas Officer S-Sale D Common Stock 299 4.38 1.3K 303,792 D
2024-12-27 Bergstrom Donald A Officer S-Sale D Common Stock 657 4.38 2.9K 520,088 D
2024-12-27 Adams Brian Officer S-Sale D Common Stock 299 4.38 1.3K 321,608 D
2024-12-16 Patel Sanjiv Director / Officer S-Sale D Common Stock 100,000 5.00 500.0K 574,548 I
2024-10-29 Catinazzo Thomas Officer S-Sale D Common Stock 2,300 5.95 13.7K 304,091 D
2024-10-28 Rahmer Peter Officer S-Sale D Common Stock 1,621 6.06 9.8K 390,063 D
2024-10-28 Catinazzo Thomas Officer S-Sale D Common Stock 5,105 6.06 30.9K 306,391 D
2024-10-28 Bergstrom Donald A Officer S-Sale D Common Stock 2,688 6.06 16.3K 520,745 D
2024-10-28 Adams Brian Officer S-Sale D Common Stock 1,632 6.06 9.9K 321,907 D
2024-09-27 Rahmer Peter Officer S-Sale D Common Stock 245 7.51 1.8K 391,684 D
2024-09-27 Catinazzo Thomas Officer S-Sale D Common Stock 295 7.51 2.2K 319,355 D
2024-09-27 Bergstrom Donald A Officer S-Sale D Common Stock 648 7.51 4.9K 523,433 D
2024-09-27 Adams Brian Officer S-Sale D Common Stock 295 7.51 2.2K 323,539 D
2024-07-31 Rahmer Peter Officer S-Sale D Common Stock 13,708 8.19 112.3K 391,929
2024-07-30 Rahmer Peter Officer S-Sale D Common Stock 15,128 8.28 125.3K 405,637
2024-07-29 Rahmer Peter Officer S-Sale D Common Stock 12,164 8.51 103.5K 420,765
2024-07-29 Catinazzo Thomas Officer S-Sale D Common Stock 9,078 8.51 77.3K 319,650
2024-07-29 Bergstrom Donald A Officer S-Sale D Common Stock 2,698 8.85 23.9K 524,081
2024-07-29 Adams Brian Officer S-Sale D Common Stock 1,638 8.85 14.5K 323,834
2024-07-26 Patel Sanjiv Director / Officer M-Exempt A Common Stock 36,706 5.04 185.0K 802,836
2024-07-25 Patel Sanjiv Director / Officer S-Sale D Common Stock 50,000 9.16 458.0K 766,130
2024-06-30 Rahmer Peter Officer A-Award A Common Stock 2,108 5.54 11.7K 434,288
2024-06-30 Patel Sanjiv Director / Officer A-Award A Common Stock 2,108 5.54 11.7K 766,130
2024-06-27 Rahmer Peter Officer S-Sale D Common Stock 245 6.26 1.5K 432,180
2024-06-27 Catinazzo Thomas Officer S-Sale D Common Stock 9,078 6.24 56.6K 330,430
2024-06-27 Bergstrom Donald A Officer S-Sale D Common Stock 648 6.26 4.1K 526,779
2024-06-27 Adams Brian Officer S-Sale D Common Stock 295 6.26 1.8K 325,472
2024-06-10 Rubin Jami Director M-Exempt A Common Stock 42,242 5.04 212.9K 67,242
2024-06-05 Rahmer Peter Officer S-Sale D Common Stock 20,450 7.06 144.4K 432,425
2024-06-04 Rahmer Peter Officer S-Sale D Common Stock 40,595 6.64 269.6K 452,875
2024-06-03 Shawver Laura Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 Rubin Jami Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 Rahmer Peter Officer S-Sale D Common Stock 19,864 6.47 128.5K 493,470
2024-06-03 Murcko Mark Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 Kathiresan Sekar Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 INGRAM DOUGLAS S Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 HILL LINDA A Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-06-03 Borisy Alexis Director A-Award A Stock Option (Right to Buy) 102,225 6.79 694.1K 102,225
2024-04-29 Rahmer Peter Officer S-Sale D Common Stock 1,345 6.38 8.6K 513,334
2024-04-29 Catinazzo Thomas Officer S-Sale D Common Stock 1,695 6.38 10.8K 339,803
2024-04-29 Bergstrom Donald A Officer S-Sale D Common Stock 2,686 6.38 17.1K 527,427
2024-04-29 Adams Brian Officer S-Sale D Common Stock 1,623 6.38 10.4K 325,767
2024-03-27 Rahmer Peter Officer S-Sale D Common Stock 298 7.70 2.3K 514,679
2024-03-27 Catinazzo Thomas Officer S-Sale D Common Stock 348 7.70 2.7K 341,498
2024-03-27 Bergstrom Donald A Officer S-Sale D Common Stock 765 7.70 5.9K 530,113
2024-03-27 Adams Brian Officer S-Sale D Common Stock 348 7.70 2.7K 327,390
2024-01-29 Rahmer Peter Officer S-Sale D Common Stock 1,651 9.64 15.9K 514,977
2024-01-29 Catinazzo Thomas Officer S-Sale D Common Stock 2,005 9.64 19.3K 341,846
2024-01-29 Bergstrom Donald A Officer S-Sale D Common Stock 3,178 9.64 30.6K 530,878
2024-01-29 Adams Brian Officer S-Sale D Common Stock 1,929 9.64 18.6K 327,738
2024-01-16 Rahmer Peter Officer A-Award A Common Stock 200,000 0.00 516,628
2024-01-16 Patel Sanjiv Director / Officer A-Award A Common Stock 762,360 0.00 764,022
2024-01-16 Catinazzo Thomas Officer A-Award A Common Stock 200,000 0.00 343,851
2024-01-16 Bergstrom Donald A Officer A-Award A Common Stock 300,000 0.00 534,056
2024-01-16 Adams Brian Officer A-Award A Common Stock 200,000 0.00 329,667
2023-12-27 Rahmer Peter Officer S-Sale D Common Stock 244 11.51 2.8K 316,628
2023-12-27 Catinazzo Thomas Officer S-Sale D Common Stock 294 11.51 3.4K 143,851
2023-12-27 Bergstrom Donald A Officer S-Sale D Common Stock 977 11.51 11.2K 234,056
2023-12-27 Adams Brian Officer S-Sale D Common Stock 294 11.51 3.4K 129,667
2023-10-30 Rahmer Peter Officer S-Sale D Common Stock 1,354 6.03 8.2K 316,872
2023-10-30 Catinazzo Thomas Officer S-Sale D Common Stock 1,697 6.03 10.2K 144,145
2023-10-30 Bergstrom Donald A Officer S-Sale D Common Stock 3,451 6.03 20.8K 235,033
2023-10-30 Adams Brian Officer S-Sale D Common Stock 1,632 6.03 9.8K 129,961
2023-09-27 Rahmer Peter Officer S-Sale D Common Stock 244 8.38 2.0K 318,226
2023-09-27 Catinazzo Thomas Officer S-Sale D Common Stock 294 8.38 2.5K 145,842
2023-09-27 Bergstrom Donald A Officer S-Sale D Common Stock 648 8.38 5.4K 238,484
2023-09-27 Adams Brian Officer S-Sale D Common Stock 294 8.38 2.5K 131,593
2023-07-28 Rahmer Peter Officer S-Sale D Common Stock 1,352 11.80 16.0K 316,808
2023-07-28 Catinazzo Thomas Officer S-Sale D Common Stock 1,693 11.80 20.0K 146,136
2023-07-28 Bergstrom Donald A Officer S-Sale D Common Stock 2,683 11.80 31.7K 237,904
2023-07-28 Adams Brian Officer S-Sale D Common Stock 1,628 11.80 19.2K 131,887
2023-06-30 Rahmer Peter Officer A-Award A Common Stock 1,662 10.68 17.8K 319,822
2023-06-30 Patel Sanjiv Director / Officer A-Award A Common Stock 1,662 10.68 17.8K 1,662
2023-06-30 Bergstrom Donald A Officer A-Award A Common Stock 1,228 10.68 13.1K 241,815
2023-06-27 Rahmer Peter Officer S-Sale D Common Stock 244 12.12 3.0K 318,160
2023-06-27 Catinazzo Thomas Officer S-Sale D Common Stock 294 12.12 3.6K 147,829
2023-06-27 Bergstrom Donald A Officer S-Sale D Common Stock 647 12.12 7.8K 240,587
2023-06-27 Adams Brian Officer S-Sale D Common Stock 294 12.12 3.6K 133,515
2023-05-31 Shawver Laura Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 Rubin Jami Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 Murcko Mark Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 Kathiresan Sekar Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 INGRAM DOUGLAS S Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 HILL LINDA A Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-31 Borisy Alexis Director A-Award A Stock Option (Right to Buy) 66,055 11.14 735.9K 66,055
2023-05-30 Rahmer Peter Officer A-Award A Common Stock 161,818 0.00 318,404
2023-05-24 Shawver Laura Director G-Gift D Common Stock 12,099 0.00 40,000
2023-04-28 Rahmer Peter Officer S-Sale D Common Stock 739 11.16 8.2K 157,504
2023-04-28 Catinazzo Thomas Officer S-Sale D Common Stock 863 11.16 9.6K 149,272
2023-04-28 Bergstrom Donald A Officer S-Sale D Common Stock 1,383 11.16 15.4K 242,701
2023-04-28 Adams Brian Officer S-Sale D Common Stock 863 11.16 9.6K 134,882
2023-03-27 Rahmer Peter Officer S-Sale D Common Stock 297 15.36 4.6K 158,243
2023-03-27 Catinazzo Thomas Officer S-Sale D Common Stock 347 15.36 5.3K 150,135
2023-03-27 Bergstrom Donald A Officer S-Sale D Common Stock 763 15.36 11.7K 244,084
2023-03-27 Adams Brian Officer S-Sale D Common Stock 347 15.36 5.3K 135,745
2023-02-09 Patel Sanjiv Director / Officer S-Sale D Common Stock 14,000 20.55 287.7K 0
2023-02-08 Patel Sanjiv Director / Officer S-Sale D Common Stock 14,000 20.98 293.7K 0
2023-02-07 Patel Sanjiv Director / Officer S-Sale D Common Stock 14,000 21.45 300.3K 0
2023-01-30 Rahmer Peter Officer S-Sale D Common Stock 740 21.56 16.0K 158,540
2023-01-30 Catinazzo Thomas Officer S-Sale D Common Stock 864 21.56 18.6K 150,482
2023-01-30 Bergstrom Donald A Officer S-Sale D Common Stock 1,429 21.56 30.8K 244,847
2023-01-30 Adams Brian Officer S-Sale D Common Stock 864 21.56 18.6K 136,092
2023-01-19 Patel Sanjiv Officer M-Exempt D Stock Option (Right to Buy) 28,000 0.00 610,779
2023-01-18 Patel Sanjiv Officer M-Exempt D Stock Option (Right to Buy) 28,000 0.00 638,779
2023-01-17 Rahmer Peter Officer A-Award A Stock Option (Right to Buy) 97,630 0.00 97,630
2023-01-17 Patel Sanjiv Officer M-Exempt D Stock Option (Right to Buy) 28,000 0.00 666,779
2023-01-17 Catinazzo Thomas Officer A-Award A Stock Option (Right to Buy) 104,600 0.00 104,600
2023-01-17 Bergstrom Donald A Officer A-Award A Stock Option (Right to Buy) 160,390 0.00 160,390
2023-01-17 Adams Brian Officer A-Award A Stock Option (Right to Buy) 73,220 0.00 73,220
2023-01-12 Adams Brian Officer S-Sale D Common Stock 9,994 20.00 199.9K 51,531
2022-12-31 Rahmer Peter Officer D Stock Option (Right to Buy) 78,540 20.38 1.60M
2022-12-27 Catinazzo Thomas Officer S-Sale D Common Stock 445 14.49 6.4K 50,231
2022-12-27 Bergstrom Donald A Officer S-Sale D Common Stock 980 14.49 14.2K 85,886
2022-12-27 Adams Brian Officer S-Sale D Common Stock 295 14.49 4.3K 61,525
2022-11-10 Patel Sanjiv Officer M-Exempt A Common Stock 9,825 5.04 49.5K 264,379
2022-11-08 Patel Sanjiv Officer M-Exempt A Common Stock 14,000 4.12 57.7K 268,554
2022-11-01 Bergstrom Donald A Officer S-Sale D Common Stock 8,000 22.75 182.0K 86,866

Executive team

Top executives
EBIT / Employee
-10.7K
Shares Outstanding
189.21M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Sanjiv K. Patel, M.D. President and Chief Executive Officer 707.8K 3.51M 424.7K 4.65M 75.63%
2 2025 Donald Bergstrom, M.D., Ph.D. President, Research & Development 554.3K 1.27M 249.4K 14.0K 2.09M 60.87%
3 2025 Thomas Catinazzo Chief Financial Officer 486.1K 874.5K 194.4K 13.6K 1.57M 55.75%
4 2025 Peter Rahmer Chief Corporate Development Officer 469.1K 874.5K 187.6K 14.0K 1.55M 56.60%
5 2025 Brian Adams Former Chief Legal Officer 291.2K 874.5K 11.6K 1.18M 74.28%
6 2024 Sanjiv K. Patel, M.D. President and Chief Executive Officer 697.4K 11.96M 418.4K 13.08M 91.47%
7 2024 Donald Bergstrom, M.D., Ph.D. President, Research & Development 543.4K 600.0K 5.21M 244.5K 12.7K 6.61M 78.82%
8 2024 Peter Rahmer Chief Corporate Development Officer 455.4K 600.0K 3.71M 182.2K 12.2K 4.96M 74.82%
9 2024 Thomas Catinazzo Chief Financial Officer 481.3K 3.71M 192.5K 13.3K 4.40M 84.39%
10 2024 Brian R. Adams Chief Legal Officer 455.4K 3.71M 182.2K 13.8K 4.37M 85.08%
11 2024 Brian Adams Former Chief Legal Officer 455.4K 3.71M 182.2K 13.8K 4.37M 85.08%
12 2023 Sanjiv K. Patel, M.D. President and Chief Executive Officer 673.8K 18.69M 404.3K 19.77M 94.55%
13 2023 Donald Bergstrom, M.D., Ph.D. President, Research & Development 525.0K 600.0K 2.93M 4.27M 236.3K 7.1K 8.57M 84.04%
14 2023 Peter Rahmer Chief Corporate Development Officer 440.0K 3.55M 2.60M 176.0K 10.6K 6.78M 90.76%
15 2023 Thomas Catinazzo Chief Financial Officer 465.0K 1.86M 2.70M 186.0K 13.0K 5.22M 87.28%
16 2023 Brian Adams Former Chief Legal Officer 440.0K 1.59M 2.30M 176.0K 11.7K 4.51M 86.08%
17 2023 Brian R. Adams Chief Legal Officer 440.0K 1.59M 2.30M 176.0K 11.7K 4.51M 86.08%
18 2022 Sanjiv K. Patel, M.D. President and Chief Executive Officer 641.7K 7.10M 385.0K 8.12M 87.36%
19 2022 Donald Bergstrom, M.D., Ph.D. President, Research & Development 500.0K 1.32M 1.75M 200.0K 11.3K 3.78M 81.20%
20 2022 Thomas Catinazzo Chief Financial Officer 420.0K 800.3K 1.06M 168.0K 11.8K 2.46M 75.59%
21 2022 Brian R. Adams Chief Legal Officer 420.0K 800.3K 1.06M 168.0K 10.5K 2.46M 75.63%
22 2022 Peter Rahmer Chief Corporate Development Officer 400.0K 800.3K 1.06M 160.0K 10.5K 2.43M 76.50%
23 2021 Sanjiv K. Patel, M.D. President and Chief Executive Officer 602.6K 7.52M 414.3K 8.53M 88.08%
24 2021 Donald Bergstrom M.D., Ph.D. President, Research & Development 475.0K 1.20M 1.62M 237.5K 9.8K 3.54M 79.60%
25 2021 Donald Bergstrom, M.D., Ph.D. President, Research & Development 475.0K 1.20M 1.62M 237.5K 9.8K 3.54M 79.60%
26 2021 Brian R. Adams Chief Legal Officer 401.7K 543.5K 734.0K 200.9K 9.5K 1.89M 67.61%
27 2021 Thomas Catinazzo Chief Financial Officer 381.1K 543.5K 734.0K 166.7K 10.9K 1.84M 69.57%
28 2021 Andy Porter Chief Administrative Officer 412.0K 479.5K 647.5K 206.0K 9.6K 1.75M 64.23%
29 2020 Sanjiv K. Patel, M.D. President and Chief Executive Officer 585.0K 2.59M 402.2K 3.58M 72.40%
30 2020 Donald Bergstrom M.D., Ph.D. Executive Vice President, Head of Research & Development 440.0K 1.34M 220.0K 9.8K 2.01M 66.66%
31 2020 Brian R. Adams General Counsel 390.0K 714.2K 170.6K 7.4K 1.28M 55.70%
32 2020 Donald Bergstrom M.D., Ph.D. President, Research & Development 440.0K 435.3K 220.0K 9.8K 1.11M 39.39%
33 2020 Donald Bergstrom, M.D., Ph.D. President, Research & Development 440.0K 435.3K 220.0K 9.8K 1.11M 39.39%
34 2020 Brian R. Adams Chief Legal Officer 390.0K 232.1K 170.6K 7.4K 800.2K 29.01%
35 2019 Sanjiv K. Patel, M.D. President and Chief Executive Officer 585.0K 2.59M 353.9K 3.53M 73.40%
36 2019 Donald Bergstrom M.D., Ph.D. Executive Vice President, Head of Research & Development 406.9K 330.7K 179.0K 916.5K 36.08%
37 2019 Donald Bergstrom M.D., Ph.D. President, Research & Development 406.9K 330.7K 179.0K 916.5K 36.08%
38 2019 Brian R. Adams Chief Legal Officer 356.2K 165.3K 98.0K 619.5K 26.69%
39 2019 Brian R. Adams General Counsel 356.2K 165.3K 98.0K 619.5K 26.69%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-28 DEFA14A
2026-04-28 DEF 14A
2026-04-16 PRE 14A
2025-04-23 DEFA14A
2025-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 8-K
2026-05-05 10-Q
2026-04-30 4
2026-04-30 4
2026-04-30 4
2026-04-28 DEFA14A
2026-04-28 DEF 14A
2026-04-28 ARS
2026-04-27 8-K
2026-04-16 PRE 14A

Executive team

NameTitleCompensationGender
Sanjiv K. Patel MBBS Chief Executive Officer, President & Director 1M
Donald A. Bergstrom President of Research & Development 817.7K
Thomas Catinazzo Chief Financial Officer 694.1K male
Peter Rahmer Chief Corporate Development Officer 670.7K male
Mark Murcko Founder & Independent Director 65.9K
Brenton Mar Senior Vice President of Clinical Development male
Matthew Jacobson Founder male
Soo-Yeun Lim Senior Vice President & General Counsel female
Mahesh Padval Chief Pharmaceutical Development Officer
David Elliot Shaw Founder
Dorothee Kern Founder female
Imogen Pryce Chief Operating Officer of R&D female
ESG Rating
B
BIOTECHNOLOGY
2026
E (Environmental)
55.1 / 56.3
Company / Sector avg.
S (Social)
62.3 / 62.4
Company / Sector avg.
G (Governance)
58.2 / 60.9
Company / Sector avg.
ESG Total
58.5 / 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
Transaction Date Disclosed Representative District Owner Type Amount Link
2023-07-12 2023-08-13 Daniel Goldman NY10 Sale $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits