Subscribe

Tarsus Pharmaceuticals, Inc. (TARS)

USD55.43 -0.68 (-1.21%)
US NASDAQ Healthcare Biotechnology
Address 15440 Laguna Canyon Road 92618
Irvine, CA, US
CEO Bobak R. Azamian
IPO 2020-10-16
CIK 1819790 ISIN US87650L1035

Explore sections of this company profile

Description

Tarsus Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical firm dedicated to advancing and commercializing innovative therapies, primarily focusing on ocular conditions. Its leading investigational drug, TP-03, a novel treatment currently in Phase III trials, is being developed to address blepharitis specifically caused by Demodex mite infestations, as well as meibomian gland disease. Beyond this, Tarsus is also progressing TP-04 for rosacea and TP-05, which targets Lyme disease prevention and aims to reduce community-level malaria. A core element of its development strategy involves lotilaner, a compound utilized to tackle a variety of human diseases across diverse therapeutic areas, encompassing eye care, dermatology, and other medical fields. Established in 2016, the company maintains its headquarters in Irvine, California.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD55.43 -0.68 (-1.21%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
722.5K
Beta
0.51
Float Shares
39.86M
Free Float %
93.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.30% -6.46% -17.65% -1.56% -17.51% -26.93% +44.31% +261.29% +101.99% +190.72% +190.72%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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
55.43
Low 68.00 +22.7%
Consensus 89.33 +61.2%
Median 100.00 +80.4%
High 100.00 +80.4%
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 8 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 5
81.40
+46.9%
All Time 11
73.36
+32.3%
Quality scores
Altman Z-Score
7.26
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
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%
    +146.7% Q1'26: +106.9% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +48.2% Q1'26: +75.0% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -11.5% Q1'26: -18.8% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    -12.3% Q1'26: -3.8% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    -280.0% Q1'26: -37.4% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +11.1% Q1'26: +9.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -1.75× Q1'26: -3.90× (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 (0.53) × ERP
WACC = 97% × Ke + 3% × Kd (9.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 55.43
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 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
6 EPS Ana.
Dec 2027
4 Rev. Ana.
4 EPS Ana.
Dec 2028
4 Rev. Ana.
3 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Dec 2030
3 Rev. Ana.
1 EPS Ana.
Revenue
57.03M
est: 49.07M (+16.2%)
25.82M
est: 25.86M (-0.2%)
17.45M
est: 42.56M (-59.0%)
182.95M
est: 175.34M (+4.3%)
451.36M
est: 444.10M (+1.6%)
694.42M
680.28M – 706.94M
+56.4% YoY
904.10M
897.71M – 910.50M
+30.2% YoY
1.07B
1.07B – 1.08B
+18.5% YoY
1.20B
1.17B – 1.24B
+11.9% YoY
1.33B
1.29B – 1.38B
+10.8% YoY
EBITDA
-13.46M
est: -17.84M (+24.6%)
-59.71M
est: -9.40M (-535.1%)
-131.67M
est: -25.00M (-426.7%)
-106.48M
est: -102.99M (-3.4%)
-53.61M
est: -260.85M (+79.4%)
-407.88M
-415.23M – -399.57M
-56.4% YoY
-531.04M
-534.79M – -527.28M
-30.2% YoY
-629.32M
-632.39M – -626.26M
-18.5% YoY
-704.44M
-729.52M – -685.19M
-11.9% YoY
-780.34M
-808.12M – -759.01M
-10.8% YoY
EBIT
-13.77M
est: -17.96M (+23.3%)
-60.03M
est: -9.46M (-534.3%)
-132.55M
est: -25.14M (-427.3%)
-107.71M
est: -103.56M (-4.0%)
-55.42M
est: -262.28M (+78.9%)
-410.13M
-417.52M – -401.77M
-56.4% YoY
-533.96M
-537.74M – -530.18M
-30.2% YoY
-632.79M
-635.88M – -629.71M
-18.5% YoY
-708.33M
-733.54M – -688.97M
-11.9% YoY
-784.64M
-812.57M – -763.19M
-10.8% YoY
Net Income
-13.83M
est: -21.53M (+35.8%)
-62.09M
est: -88.87M (+30.1%)
-135.89M
est: -198.49M (+31.5%)
-115.55M
est: -134.04M (+13.8%)
-66.42M
est: -67.22M (+1.2%)
-34.06M
-43.08M – -20.69M
+49.3% YoY
153.73M
90.49M – 169.73M
+551.4% YoY
189.19M
125.17M – 253.21M
+23.1% YoY
264.28M
254.89M – 276.51M
+39.7% YoY
350.15M
337.71M – 366.35M
+32.5% YoY
SGA
25.40M
est: 105.14M (-75.8%)
44.95M
est: 55.40M (-18.9%)
108.70M
est: 90.75M (+19.8%)
237.31M
est: 373.85M (-36.5%)
427.32M
est: 946.87M (-54.9%)
1.48B
1.45B – 1.51B
+56.4% YoY
1.93B
1.91B – 1.94B
+30.2% YoY
2.28B
2.27B – 2.30B
+18.5% YoY
2.56B
2.49B – 2.65B
+11.9% YoY
2.83B
2.76B – 2.93B
+10.8% YoY
EPS
-0.67
est: -0.57 (-17.0%)
-2.52
est: -2.36 (-6.6%)
-4.62
est: -4.70 (+1.7%)
-3.07
est: -3.22 (+4.6%)
-1.59
est: -1.43 (-11.3%)
-0.71
-1.03 – -0.50
+50.5% YoY
2.95
2.17 – 4.06
+517.0% YoY
4.74
3.00 – 6.06
+60.7% YoY
6.33
6.10 – 6.62
+33.4% YoY
8.38
8.08 – 8.77
+32.5% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-04 HC Wainwright & Co. Buy Buy Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-18.07M
OE per share TTM
-0.42
Owner's Yield
-0.65%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
4.5%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
35
Total invested
114.70M
Insider transactions (90d)
1
Beneficial owners (>5%)
37
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Vivo Capital IX, LLC 3.25M 16.20% 3.25M 3.25M OO Delaware 2020-10-28
2 RTW Investments, LP 2.46M 12.13% 2.46M 2.46M IA, PN, OO A 2021-02-12
3 Roderick Wong 2.46M 12.13% 2.46M 2.46M HC, IN A 2021-02-12
4 Horowitz Limited Partnership VIII 1.99M 10.30% 1.92M 66.2K 1.92M 66.2K PN 2020-10-30
5 Jason E. Tester 1.95M 10.10% 28.4K 1.92M 28.4K 1.92M IN 2020-10-30
6 Morgan Stanley 1.94M 5.90% 13.00 1.94M 1.94M HC, CO 2024-02-09
7 Paradigm BioCapital Advisors GP LLC 1.93M 5.80% 1.93M 1.93M OO Delaware 2024-01-22
8 Paradigm BioCapital Advisors LP 1.93M 5.80% 1.93M 1.93M PN Delaware 2024-01-22
9 Senai Asefaw, M.D. 1.93M 5.80% 1.93M 1.93M IN Delaware 2024-01-22
10 Horowitz Management, Inc. 1.92M 10.00% 1.92M 1.92M CO 2020-10-30
11 FHMLS IX, L.L.C. 1.92M 9.50% 1.92M 1.92M OO Delaware 2020-10-23
12 FHMLS IX, L.P. 1.92M 9.50% 1.92M 1.92M PN Delaware 2020-10-23
13 Frazier Life Sciences IX, L.P. 1.92M 9.50% 1.92M 1.92M PN Delaware 2020-10-23
14 James Topper 1.92M 9.50% 1.92M 1.92M IN Delaware 2020-10-23
15 Patrick Heron 1.92M 9.50% 1.92M 1.92M IN Delaware 2020-10-23
16 Bobak Azamian 1.92M 9.04% 1.92M 1.92M IN 2021-02-12
17 Paradigm BioCapital International Fund Ltd. 1.64M 5.00% 1.64M 1.64M CO Delaware 2024-01-22
18 RTW Master Fund, Ltd. 1.58M 7.78% 1.58M 1.58M CO A 2021-02-12
19 20-1665304 1.43M 5.36% 1.43M 1.43M IA Delaware 2023-02-03
20 Bihua Chen 1.40M 6.79% 1.40M 1.40M IN United States 2022-02-14
21 Cormorant Asset Management, LP 1.40M 6.79% 1.40M 1.40M PN Delaware 2022-02-14
22 (1) BlackRock, Inc. 1.33M 4.90% 1.30M 1.33M HC Delaware 2023-02-09
23 Company, L.P. 1.32M 5.04% 1.32M PN United States 2022-05-11
24 Deerfield Mgmt, L.P. 1.32M 5.04% 1.32M PN United States 2022-05-11
25 Deerfield Partners, L.P. 1.32M 5.04% 1.32M PN United States 2022-05-11
26 James E. Flynn 1.32M 5.04% 1.32M IN United States 2022-05-11
27 2 1.30M 6.40% 1.30M 1.30M IA Delaware 2021-02-16
28 Joseph Edelman 1.30M 6.40% 1.30M 1.30M IN Delaware 2021-02-16
29 Michael Ackermann 1.26M 6.10% 1.26M 1.26M IN 2022-02-14
30 Flying L Investments XI, LLC 1.21M 5.88% 1.21M 1.21M OO 2021-02-16
31 Cormorant Global Healthcare GP, LLC 764.6K 3.70% 764.6K 764.6K OO Delaware 2022-02-14
32 Cormorant Global Healthcare Master Fund, LP 764.6K 3.70% 764.6K 764.6K PN Cayman Islands 2022-02-14
33 Cormorant Private Healthcare Fund III, LP 351.8K 1.70% 351.8K 351.8K PN Delaware 2022-02-14
34 Cormorant Private Healthcare GP III, LLC 351.8K 1.70% 351.8K 351.8K OO Delaware 2022-02-14
35 Cormorant Private Healthcare Fund II, LP 281.4K 1.36% 281.4K 281.4K PN Delaware 2022-02-14
36 Cormorant Private Healthcare GP II, LLC 281.4K 1.36% 281.4K 281.4K OO Delaware 2022-02-14
37 Adam S. Horowitz Revocable Trust 66.2K 0.30% 66.2K 66.2K OO 2020-10-30

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
35
-215 vs prev Q
New positions
5
Closed positions
216
Increased
21
Reduced
5
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 MACQUARIE MANAGEMENT HOLDINGS, INC. 584.7K +584.7K (+100.0%) 47.87B +47.9B (+100.0%) 1.37% +1.372 pp 0.07% +0.072 pp USD81.88 +0.0% 1 qtrs NEW
2 BLACKROCK, INC. 3.79M +10.9K (+0.3%) 310.37M +85.7M (+38.2%) 8.90% -0.026 pp 0.01% +0.001 pp USD34.31 +138.6% 6 qtrs
3 RTW INVESTMENTS, LP 3.34M +157.9K (+5.0%) 273.10M +84.3M (+44.6%) 7.83% +0.327 pp 2.74% +0.409 pp USD35.75 +129.0% 21 qtrs
4 DEEP TRACK CAPITAL, LP 3.00M +4.0K (+0.1%) 245.97M +67.7M (+38.0%) 7.05% -0.032 pp 4.39% -0.590 pp USD53.80 +52.2% 4 qtrs
5 PARADIGM BIOCAPITAL ADVISORS LP 2.56M -103.5K (-3.9%) 209.79M +51.4M (+32.4%) 6.01% -0.280 pp 5.35% +0.849 pp USD32.86 +149.2% 9 qtrs
6 VANGUARD GROUP INC 2.40M +127.5K (+5.6%) 196.48M +61.4M (+45.5%) 5.63% +0.268 pp 0.00% +0.001 pp USD29.50 +177.6% 21 qtrs
7 JENNISON ASSOCIATES LLC 2.23M -374.5K (-14.4%) 182.60M +27.8M (+18.0%) 5.23% -0.915 pp 0.11% +0.020 pp USD38.25 +114.1% 8 qtrs
8 MORGAN STANLEY 2.04M +128.3K (+6.7%) 167.10M +53.4M (+47.0%) 4.79% +0.275 pp 0.01% +0.003 pp USD28.93 +183.0% 21 qtrs
9 JANUS HENDERSON GROUP PLC 1.93M +491.3K (+34.1%) 158.06M +72.5M (+84.8%) 4.53% +1.133 pp 0.07% +0.032 pp USD53.29 +53.6% 8 qtrs
10 TANG CAPITAL MANAGEMENT LLC 1.19M -1.3M (-51.6%) 97.32M -48.6M (-33.3%) 2.79% -3.005 pp 4.81% -0.808 pp USD18.85 +334.4% 16 qtrs
11 DRIEHAUS CAPITAL MANAGEMENT LLC 1.17M +141.4K (+13.7%) 96.00M +34.7M (+56.7%) 2.75% +0.318 pp 0.65% +0.213 pp USD54.64 +49.9% 4 qtrs
12 ASSENAGON ASSET MANAGEMENT S.A. 1.13M -120.2K (-9.6%) 92.34M +18.2M (+24.5%) 2.65% -0.299 pp 0.13% +0.026 pp USD34.85 +134.9% 7 qtrs
13 INVESCO LTD. 1.01M +75.4K (+8.0%) 82.89M +27.2M (+48.9%) 2.38% +0.164 pp 0.01% +0.004 pp USD41.01 +99.7% 21 qtrs
14 GEODE CAPITAL MANAGEMENT, LLC 947.8K +3.3K (+0.3%) 77.62M +21.5M (+38.3%) 2.22% -0.005 pp 0.00% +0.001 pp USD26.56 +208.3% 21 qtrs
15 STATE STREET CORP 929.1K -7.1K (-0.8%) 76.07M +20.4M (+36.7%) 2.18% -0.030 pp 0.00% +0.001 pp USD25.22 +224.7% 21 qtrs
16 LORD, ABBETT & CO. LLC 855.6K -130.0K (-13.2%) 70.06M +11.5M (+19.6%) 2.01% -0.319 pp 0.22% +0.041 pp USD44.03 +86.0% 8 qtrs
17 BANK OF AMERICA CORP /DE/ 758.1K +222.1K (+41.4%) 62.07M +30.2M (+94.9%) 1.78% +0.514 pp 0.00% +0.002 pp USD51.16 +60.0% 21 qtrs
18 FRAZIER LIFE SCIENCES MANAGEMENT, L.P. 728.6K -438.9K (-37.6%) 59.66M -9.7M (-14.0%) 1.71% -1.046 pp 1.60% -0.477 pp USD16.36 +400.5% 16 qtrs
19 FMR LLC 647.1K +625.3K (+2,860.1%) 52.99M +51.7M (+3,978.3%) 1.52% +1.467 pp 0.00% +0.003 pp USD80.86 +1.3% 16 qtrs
20 D. E. SHAW & CO., INC. 615.2K +16.8K (+2.8%) 50.37M +14.8M (+41.7%) 1.44% +0.031 pp 0.03% +0.008 pp USD43.75 +87.2% 12 qtrs
21 PRICE T ROWE ASSOCIATES INC /MD/ 518.8K +65.9K (+14.6%) 42.48M +15.6M (+57.8%) 1.22% +0.149 pp 0.00% +0.002 pp USD51.78 +58.1% 8 qtrs
22 TORONTO DOMINION BANK 510.3K -107.3K (-17.4%) 41.78M +5.1M (+13.8%) 1.20% -0.260 pp 0.06% +0.005 pp USD55.37 +47.9% 5 qtrs
23 CLEARBRIDGE INVESTMENTS, LLC 506.1K -60.9K (-10.7%) 41.44M +7.7M (+23.0%) 1.19% -0.151 pp 0.03% +0.008 pp USD44.60 +83.6% 3 qtrs
24 ENSIGN PEAK ADVISORS, INC 474.1K -8.3K (-1.7%) 38.82M +10.1M (+35.4%) 1.11% -0.026 pp 0.07% +0.022 pp USD31.72 +158.1% 21 qtrs
25 LOOMIS SAYLES & CO L P 441.9K +52.0K (+13.3%) 36.18M +13.0M (+56.1%) 1.04% +0.117 pp 0.04% +0.016 pp USD62.07 +31.9% 2 qtrs
26 ARTISAN PARTNERS LIMITED PARTNERSHIP 436.6K -121.8K (-21.8%) 35.75M +2.6M (+7.7%) 1.02% -0.293 pp 0.05% +0.006 pp USD26.72 +206.4% 10 qtrs
27 QUBE RESEARCH & TECHNOLOGIES LTD 401.2K -121.0K (-23.2%) 32.85M +1.8M (+5.8%) 0.94% -0.291 pp 0.03% +0.001 pp USD45.40 +80.4% 9 qtrs
28 GOLDMAN SACHS GROUP INC 378.7K +37.7K (+11.1%) 31.01M +10.7M (+53.0%) 0.89% +0.084 pp 0.00% +0.001 pp USD35.95 +127.8% 20 qtrs
29 BNP PARIBAS ARBITRAGE, SNC 356.1K +151.8K (+74.3%) 29.16M +17.0M (+140.1%) 0.84% +0.354 pp 0.01% +0.007 pp USD63.27 +29.4% 5 qtrs
30 NORTHERN TRUST CORP 342.5K -15.6K (-4.4%) 28.04M +6.8M (+31.8%) 0.80% -0.042 pp 0.00% +0.001 pp USD28.99 +182.4% 21 qtrs
31 FRANKLIN RESOURCES INC 337.0K +314.8K (+1,419.3%) 27.59M +26.3M (+1,993.2%) 0.79% +0.739 pp 0.01% +0.006 pp USD79.21 +3.4% 7 qtrs
32 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 333.1K +199.0 (+0.1%) 27.28M +7.5M (+37.9%) 0.78% -0.004 pp 0.00% +0.001 pp USD26.68 +206.9% 21 qtrs
33 TIMESSQUARE CAPITAL MANAGEMENT, LLC 332.4K +64.9K (+24.3%) 27.22M +11.3M (+71.2%) 0.78% +0.149 pp 0.41% +0.183 pp USD63.82 +28.3% 2 qtrs
34 BIOIMPACT CAPITAL LLC 328.9K -12.6K (-3.7%) 26.93M +6.6M (+32.7%) 0.77% -0.034 pp 3.08% -0.241 pp USD40.51 +102.1% 3 qtrs
35 NUVEEN, LLC 322.5K -8.2K (-2.5%) 26.41M +6.8M (+34.4%) 0.76% -0.024 pp 0.01% +0.002 pp USD49.04 +67.0% 4 qtrs
36 ROCK SPRINGS CAPITAL MANAGEMENT LP 260.3K -28.0K (-9.7%) 21.32M +4.2M (+24.4%) 0.61% -0.070 pp 1.09% +0.092 pp USD51.99 +57.5% 5 qtrs
37 CORMORANT ASSET MANAGEMENT, LP 250.0K -50.0K (-16.7%) 20.47M +2.6M (+14.8%) 0.59% -0.122 pp 0.95% -0.284 pp USD26.23 +212.2% 21 qtrs
38 INTEGRAL HEALTH ASSET MANAGEMENT, LLC 200.0K -50.0K (-20.0%) 16.38M +1.5M (+10.2%) 0.47% -0.121 pp 0.81% -0.192 pp USD38.45 +113.0% 9 qtrs
39 JANE STREET GROUP, LLC 184.3K +184.3K (+100.0%) 15.09M +15.1M (+100.0%) 0.43% +0.433 pp 0.00% +0.002 pp USD81.88 +0.0% 1 qtrs NEW
40 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 173.3K +69.5K (+66.9%) 14.19M +8.0M (+130.0%) 0.41% +0.162 pp 0.04% +0.018 pp USD61.82 +32.4% 3 qtrs
41 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 161.8K +61.8K (+61.8%) 13.25M +7.3M (+123.0%) 0.38% +0.144 pp 0.02% +0.011 pp USD68.01 +20.4% 2 qtrs
42 ORBIMED ADVISORS LLC 154.4K -43.5K (-22.0%) 12.64M +881.1K (+7.5%) 0.36% -0.105 pp 0.26% -0.018 pp USD51.37 +59.4% 4 qtrs
43 RUSSELL INVESTMENTS GROUP, LTD. 153.8K +5.4K (+3.7%) 12.59M +3.8M (+42.8%) 0.36% +0.011 pp 0.01% +0.004 pp USD51.58 +58.7% 12 qtrs
44 CANADA PENSION PLAN INVESTMENT BOARD 151.1K +19.8K (+15.1%) 12.37M +4.6M (+58.6%) 0.35% +0.045 pp 0.01% +0.003 pp USD61.99 +32.1% 7 qtrs
45 ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC 130.4K +1.6K (+1.3%) 10.53M +3.1M (+42.7%) 0.31% +0.002 pp 0.02% +0.005 pp USD21.19 +286.4% 17 qtrs
46 JUMP FINANCIAL, LLC 128.1K -137.9K (-51.8%) 10.49M -5.3M (-33.7%) 0.30% -0.327 pp 0.13% -0.060 pp USD44.56 +83.8% 8 qtrs
47 WELLS FARGO & COMPANY/MN 119.1K +20.3K (+20.6%) 9.75M +3.9M (+66.1%) 0.28% +0.046 pp 0.00% +0.001 pp USD46.58 +75.8% 21 qtrs
48 JEFFERIES FINANCIAL GROUP INC. 118.8K +5.7K (+5.1%) 9.73M +3.0M (+44.8%) 0.28% +0.012 pp 0.05% +0.018 pp USD33.06 +147.7% 13 qtrs
49 DEUTSCHE BANK AG\ 118.2K -66.2K (-35.9%) 9.68M -1.3M (-11.7%) 0.28% -0.158 pp 0.00% -0.001 pp USD50.20 +63.1% 21 qtrs
50 NORGES BANK 117.6K +117.6K (+100.0%) 9.63M +9.6M (+100.0%) 0.28% +0.276 pp 0.00% +0.001 pp USD81.88 +0.0% 1 qtrs NEW
51 MILLENNIUM MANAGEMENT LLC 117.0K +16.4K (+16.3%) 9.58M +3.6M (+60.3%) 0.27% +0.037 pp 0.00% +0.002 pp USD55.78 +46.8% 12 qtrs
52 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 114.5K -7.9K (-6.4%) 9.37M +2.1M (+28.9%) 0.27% -0.020 pp 0.10% +0.022 pp USD33.07 +147.6% 6 qtrs
53 FIRST TRUST ADVISORS LP 111.8K +59.9K (+115.4%) 9.15M +6.1M (+196.7%) 0.26% +0.140 pp 0.01% +0.004 pp USD62.67 +30.7% 3 qtrs
54 UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH 109.9K +18.3K (+19.9%) 9.00M +3.6M (+65.3%) 0.26% +0.042 pp 0.01% +0.006 pp USD57.75 +41.8% 4 qtrs
55 BANK OF NEW YORK MELLON CORP 107.8K -1.6K (-1.5%) 8.82M +2.3M (+35.7%) 0.25% -0.005 pp 0.00% +0.000 pp USD27.01 +203.1% 21 qtrs
56 WOODLINE PARTNERS LP 100.2K +— (+0.0%) 8.20M +2.2M (+37.8%) 0.24% -0.001 pp 0.03% +0.004 pp USD40.61 +101.6% 6 qtrs
57 CAPTION MANAGEMENT, LLC 100.0K +85.4K (+584.9%) 8.19M +7.3M (+843.7%) 0.23% +0.200 pp 0.06% +0.049 pp USD78.60 +4.2% 2 qtrs
58 SANDS CAPITAL VENTURES, LLC 85.0K -85.0K (-50.0%) 6.96M -3.1M (-31.1%) 0.20% -0.202 pp 1.34% -0.871 pp USD21.55 +280.0% 18 qtrs
59 BARCLAYS PLC 80.8K -17.9K (-18.1%) 6.61M +3.4M (+103.8%) 0.19% -0.043 pp 0.00% +0.001 pp USD36.04 +127.2% 16 qtrs
60 80.0K +80.0K (+100.0%) 6.55M +6.6M (+100.0%) 0.19% +0.188 pp 2.78% +2.776 pp USD81.88 +0.0% 1 qtrs NEW
61 VOLEON CAPITAL MANAGEMENT LP 77.4K +54.4K (+236.7%) 6.34M +5.0M (+363.8%) 0.18% +0.127 pp 0.14% +0.103 pp USD75.21 +8.9% 2 qtrs
62 EAM INVESTORS, LLC 72.9K +72.9K (+100.0%) 5.97M +6.0M (+100.0%) 0.17% +0.171 pp 0.67% +0.665 pp USD81.88 +0.0% 1 qtrs NEW
63 COMMONWEALTH EQUITY SERVICES, LLC 68.3K +1.3K (+2.0%) 5.59M +1.6M (+40.5%) 0.16% +0.002 pp 0.01% +0.002 pp USD50.87 +61.0% 4 qtrs
64 UBS GROUP AG 66.9K -51.7K (-43.6%) 5.48M -1.6M (-22.3%) 0.16% -0.123 pp 0.00% 0.000 pp USD53.83 +52.1% 21 qtrs
65 UBS ASSET MANAGEMENT AMERICAS INC 66.3K +3.7K (+6.0%) 5.43M +1.7M (+46.0%) 0.16% +0.008 pp 0.00% +0.000 pp USD39.08 +109.5% 8 qtrs
66 LISANTI CAPITAL GROWTH, LLC 64.3K +21.3K (+49.6%) 5.27M +2.7M (+106.1%) 0.15% +0.050 pp 1.25% +0.623 pp USD57.72 +41.9% 6 qtrs
67 RENAISSANCE TECHNOLOGIES LLC 64.1K +22.5K (+54.1%) 5.25M +2.8M (+112.3%) 0.15% +0.052 pp 0.01% +0.005 pp USD67.31 +21.6% 2 qtrs
68 TD ASSET MANAGEMENT INC 64.0K +11.3K (+21.5%) 5.24M +2.1M (+67.4%) 0.15% +0.026 pp 0.00% +0.002 pp USD53.50 +53.0% 8 qtrs
69 PDT PARTNERS, LLC 63.0K +— (+0.0%) 5.16M +1.4M (+37.8%) 0.15% -0.001 pp 0.33% +0.099 pp USD40.51 +102.1% 3 qtrs
70 SWISS NATIONAL BANK 62.4K +1.3K (+2.1%) 5.11M +1.5M (+40.7%) 0.15% +0.002 pp 0.00% +0.001 pp USD24.48 +234.5% 13 qtrs
71 JPMORGAN CHASE & CO 56.6K -20.5K (-26.6%) 4.64M +50.8K (+1.1%) 0.13% -0.049 pp 0.00% +0.000 pp USD38.94 +110.3% 21 qtrs
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 55.3K +1.3K (+2.4%) 4.54M +1.3M (+41.5%) 0.13% +0.002 pp 0.00% +0.001 pp USD40.98 +99.8% 9 qtrs
73 TREXQUANT INVESTMENT LP 54.5K +34.5K (+172.7%) 4.47M +3.3M (+275.7%) 0.13% +0.081 pp 0.04% +0.028 pp USD66.71 +22.7% 3 qtrs
74 HIGHVISTA STRATEGIES LLC 53.6K +28.7K (+115.5%) 4.39M +2.9M (+196.9%) 0.13% +0.067 pp 1.13% +0.767 pp USD67.34 +21.6% 3 qtrs
75 CITIGROUP INC 52.0K +11.4K (+28.0%) 4.26M +1.8M (+76.4%) 0.12% +0.026 pp 0.00% +0.001 pp USD52.07 +57.2% 21 qtrs
76 EXODUSPOINT CAPITAL MANAGEMENT, LP 51.5K +51.5K (+100.0%) 4.22M +4.2M (+100.0%) 0.12% +0.121 pp 0.03% +0.033 pp USD81.88 +0.0% 1 qtrs NEW
77 PUBLIC SECTOR PENSION INVESTMENT BOARD 50.0K +50.0K (+100.0%) 4.09M +4.1M (+100.0%) 0.12% +0.117 pp 0.01% +0.014 pp USD81.88 +0.0% 1 qtrs NEW
78 FEDERATED HERMES, INC. 49.3K +34.1K (+223.6%) 4.04M +3.1M (+345.8%) 0.12% +0.080 pp 0.01% +0.005 pp USD73.66 +11.2% 8 qtrs
79 RHUMBLINE ADVISERS 47.1K -9.4K (-16.7%) 3.85M +495.7K (+14.8%) 0.11% -0.023 pp 0.00% +0.000 pp USD22.49 +264.1% 15 qtrs
80 BAIRD FINANCIAL GROUP, INC. 46.9K -7.0K (-12.9%) 3.84M +640.5K (+20.0%) 0.11% -0.017 pp 0.01% +0.001 pp USD35.39 +131.4% 8 qtrs
81 ALGERT GLOBAL LLC 46.0K +46.0K (+100.0%) 3.77M +3.8M (+100.0%) 0.11% +0.108 pp 0.06% +0.059 pp USD81.88 +0.0% 1 qtrs NEW
82 SEI INVESTMENTS CO 43.3K +11.8K (+37.3%) 3.55M +1.7M (+89.0%) 0.10% +0.027 pp 0.00% +0.002 pp USD49.70 +64.7% 10 qtrs
83 NEW YORK STATE COMMON RETIREMENT FUND 43.2K -5.5K (-11.2%) 3.53M +644.8K (+22.3%) 0.10% -0.014 pp 0.00% +0.001 pp USD30.01 +172.8% 21 qtrs
84 CAXTON ASSOCIATES LLP 41.0K +41.0K (+100.0%) 3.35M +3.4M (+100.0%) 0.10% +0.096 pp 0.07% +0.066 pp USD81.88 +0.0% 1 qtrs NEW
85 ALLIANCEBERNSTEIN L.P. 40.7K -300.0 (-0.7%) 3.33M +894.9K (+36.8%) 0.10% -0.001 pp 0.00% +0.000 pp USD26.48 +209.2% 11 qtrs
86 WALLEYE CAPITAL LLC 40.3K +30.8K (+324.7%) 3.30M +2.7M (+485.1%) 0.09% +0.072 pp 0.01% +0.008 pp USD72.14 +13.5% 3 qtrs
87 F/M INVESTMENTS LLC 39.2K +39.2K (+100.0%) 3.21M +3.2M (+100.0%) 0.09% +0.092 pp 0.12% +0.122 pp USD81.88 +0.0% 1 qtrs NEW
88 VOYA INVESTMENT MANAGEMENT LLC 38.1K +6.1K (+19.0%) 3.12M +1.2M (+63.9%) 0.09% +0.014 pp 0.00% +0.001 pp USD48.13 +70.1% 9 qtrs
89 POINT72 ASSET MANAGEMENT, L.P. 37.6K +37.6K (+100.0%) 3.08M +3.1M (+100.0%) 0.09% +0.088 pp 0.00% +0.003 pp USD81.88 +0.0% 1 qtrs NEW
90 PICTET ASSET MANAGEMENT HOLDING SA 37.6K -36.1K (-49.0%) 3.08M -1.2M (-28.1%) 0.09% -0.086 pp 0.00% -0.001 pp USD51.61 +58.7% 5 qtrs
91 SILVERARC CAPITAL MANAGEMENT, LLC 36.1K +36.1K (+100.0%) 2.96M +3.0M (+100.0%) 0.08% +0.085 pp 0.41% +0.411 pp USD81.88 +0.0% 1 qtrs NEW
92 RAYMOND JAMES FINANCIAL INC 35.6K -13.7K (-27.7%) 2.92M -13.3K (-0.5%) 0.08% -0.033 pp 0.00% +0.000 pp USD48.39 +69.2% 5 qtrs
93 ALPS ADVISORS INC 34.8K +13.3K (+62.0%) 2.85M +1.6M (+123.2%) 0.08% +0.031 pp 0.02% +0.010 pp USD44.87 +82.5% 13 qtrs
94 CALAMOS ADVISORS LLC 34.4K +34.4K (+100.0%) 2.82M +2.8M (+100.0%) 0.08% +0.081 pp 0.01% +0.011 pp USD81.88 +0.0% 1 qtrs NEW
95 E. OHMAN J:OR ASSET MANAGEMENT AB 33.3K -5.0K (-13.0%) 2.73M +451.0K (+19.8%) 0.08% -0.012 pp 0.06% +0.010 pp USD36.57 +123.9% 8 qtrs
96 STATE OF WISCONSIN INVESTMENT BOARD 31.9K +332.0 (+1.1%) 2.61M +736.2K (+39.2%) 0.07% +0.000 pp 0.01% +0.002 pp USD36.89 +122.0% 13 qtrs
97 IKARIAN CAPITAL, LLC 31.2K -42.5K (-57.7%) 2.55M -1.8M (-41.7%) 0.07% -0.101 pp 0.20% -0.243 pp USD25.43 +222.0% 10 qtrs
98 LEGAL & GENERAL GROUP PLC 31.1K -215.0 (-0.7%) 2.55M +685.3K (+36.8%) 0.07% -0.001 pp 0.00% +0.000 pp USD26.57 +208.2% 21 qtrs
99 LOS ANGELES CAPITAL MANAGEMENT LLC 31.5K -5.6K (-15.1%) 2.17M -33.2K (-1.5%) 0.07% -0.014 pp 0.01% 0.000 pp USD47.43 +72.6% 3 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 107 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Invesco Pharmaceuticals ETF PJP 2.54% 9.10M 0.57%
2 State Street SPDR S&P Pharmaceuticals ETF XPH 1.52% 7.15M 0.35%
3 ALPS Medical Breakthroughs ETF SBIO 1.27% 2.71M 0.50%
4 Virtus Biotech ETF BBP 1.21% 1.19M 0.34%
5 Harbor Human Capital Factor US Small Cap ETF HAPS 1.01% 1.72M 0.61%
6 iShares U.S. Pharmaceuticals ETF IHE 0.52% 6.94M 0.38%
7 First Trust Nasdaq Pharmaceuticals ETF FTXH 0.36% 130.7K 0.60%
8 Direxion Daily Pharmaceutical & Medical Bull 3X ETF PILL 0.32% 73.4K 1.22%
9 Franklin Genomic Advancements ETF HELX 0.23% 70.8K 0.50%
10 First Trust Active Factor Small Cap ETF AFSM 0.22% 245.7K 0.75%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.44
Bearish
Ratio by volume
2.02
Bullish
Buys
23
Sells
52
Shares acquired
627.8K
Shares disposed
310.4K
Cash buys
Cash sales
29.00
Net activity
+317,363
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
2026-04-24 PYOTT DAVID E I Director M-Exempt A Common Stock 1,383 0.00 1,383 D
2026-03-20 Neervannan Seshadri Officer S-Sale D Common Stock 2,989 66.75 199.5K 82,791 D
2026-03-19 Whitfield Dianne C. Officer S-Sale D Common Stock 4,174 67.00 279.7K 35,028 D
2026-03-19 Wahl Bryan Officer S-Sale D Common Stock 4,231 67.00 283.5K 63,959 D
2026-03-19 Neervannan Seshadri Officer S-Sale D Common Stock 4,589 67.00 307.5K 85,780 D
2026-03-19 Mottiwala Aziz Officer S-Sale D Common Stock 4,440 67.00 297.5K 61,480 D
2026-03-19 Lin Elizabeth Yeu Officer S-Sale D Common Stock 390 67.00 26.1K 23,308 D
2026-03-19 Farrow Jeffrey S Officer S-Sale D Common Stock 2,186 67.00 146.5K 43,316 D
2026-03-19 Azamian Bobak R. Director / Officer S-Sale D Common Stock 11,964 67.00 801.6K 33,421 D
2026-03-18 Whitfield Dianne C. Officer S-Sale D Common Stock 4,071 68.71 279.7K 39,202 D
2026-03-18 Wahl Bryan Officer S-Sale D Common Stock 4,125 68.71 283.4K 68,190 D
2026-03-18 Neervannan Seshadri Officer S-Sale D Common Stock 3,610 68.71 248.0K 90,369 D
2026-03-18 Mottiwala Aziz Officer S-Sale D Common Stock 4,330 68.71 297.5K 65,920 D
2026-03-18 Lin Elizabeth Yeu Officer S-Sale D Common Stock 379 68.71 26.0K 23,698 D
2026-03-18 Farrow Jeffrey S Officer S-Sale D Common Stock 2,133 68.71 146.6K 45,502 D
2026-03-18 Azamian Bobak R. Director / Officer S-Sale D Common Stock 11,667 68.71 801.6K 45,385 D
2026-03-17 Whitfield Dianne C. Officer S-Sale D Common Stock 4,029 69.42 279.7K 43,273 D
2026-03-17 Wahl Bryan Officer S-Sale D Common Stock 4,084 69.42 283.5K 72,315 D
2026-03-17 Neervannan Seshadri Officer S-Sale D Common Stock 3,125 69.42 216.9K 93,979 D
2026-03-17 Mottiwala Aziz Officer S-Sale D Common Stock 4,286 69.42 297.5K 70,250 D
2026-03-17 Lin Elizabeth Yeu Officer S-Sale D Common Stock 375 69.42 26.0K 24,077 D
2026-03-17 Farrow Jeffrey S Officer S-Sale D Common Stock 2,111 69.42 146.5K 47,635 D
2026-03-17 Azamian Bobak R. Director / Officer S-Sale D Common Stock 10,972 69.42 761.7K 57,052 D
2026-03-16 LINK WILLIAM J PHD Director S-Sale D Common Stock 8,378 69.03 578.3K 116,825 D
2026-03-15 Whitfield Dianne C. Officer M-Exempt A Common Stock 23,909 0.00 47,302 D
2026-03-15 Wahl Bryan Officer M-Exempt D Restricted Stock Units 5,022 0.00 15,067 D
2026-03-15 Neervannan Seshadri Officer M-Exempt D Restricted Stock Units 5,097 0.00 0 D
2026-03-15 Mottiwala Aziz Officer M-Exempt D Restricted Stock Units 8,148 0.00 8,148 D
2026-03-15 Lin Elizabeth Yeu Officer M-Exempt D Restricted Stock Units 2,511 0.00 7,534 D
2026-03-15 Farrow Jeffrey S Officer M-Exempt D Restricted Stock Units 5,022 0.00 15,067 D
2026-03-15 Azamian Bobak R. Director / Officer M-Exempt D Restricted Stock Units 11,300 0.00 0 D
2026-03-05 Whitfield Dianne C. Officer A-Award A Restricted Stock Units 17,161 0.00 17,161 D
2026-03-05 Wahl Bryan Officer A-Award A Restricted Stock Units 17,161 0.00 17,161 D
2026-03-05 Neervannan Seshadri Officer A-Award A Stock Option (right to buy) 27,310 74.90 2.05M 27,310 D
2026-03-05 Mottiwala Aziz Officer A-Award A Restricted Stock Units 19,306 0.00 19,306 D
2026-03-05 Lin Elizabeth Yeu Officer A-Award A Restricted Stock Units 17,161 0.00 17,161 D
2026-03-05 Farrow Jeffrey S Officer A-Award A Restricted Stock Units 19,306 0.00 19,306 D
2026-03-05 Azamian Bobak R. Director / Officer A-Award A Restricted Stock Units 60,776 0.00 60,776 D
2026-03-04 Neervannan Seshadri Officer S-Sale D Common Stock 8,366 76.67 641.4K 70,817 D
2026-02-18 PYOTT DAVID E I Director Stock Option (right to buy) 2,500 18.27 45.7K 0 D
2026-01-02 Whitfield Dianne C. Officer S-Sale D Common Stock 5,715 80.09 457.7K 33,243 D
2025-12-24 Azamian Bobak R. Director / Officer S-Sale D Common Stock 5,443 82.41 448.6K 858,548 I
2025-12-16 Whitfield Dianne C. Officer S-Sale D Common Stock 7,397 80.10 592.5K 38,958 D
2025-12-16 Neervannan Seshadri Officer G-Gift D Common Stock 950 0.00 79,183 D
2025-12-16 Lin Elizabeth Yeu Officer S-Sale D Common Stock 2,078 79.50 165.2K 21,941 D
2025-12-15 Lin Elizabeth Yeu Officer M-Exempt D Restricted Stock Units 6,819 0.00 20,459 D
2025-12-15 LINK WILLIAM J PHD Director S-Sale D Common Stock 5,680 80.71 458.4K 4,766 I
2025-12-15 Goodrich Katherine Director M-Exempt A Common Stock 2,233 0.00 2,233 D
2025-12-04 Azamian Bobak R. Director / Officer G-Gift D Common Stock 51,885 0.00 1,750 D
2025-09-24 Azamian Bobak R. Director / Officer S-Sale D Common Stock 6,000 55.37 332.2K 812,106 I
2025-09-16 LINK WILLIAM J PHD Director G-Gift D Common Stock 2,000 0.00 141,332 D
2025-09-15 Morrison Scott W Director M-Exempt A Common Stock 1,334 0.00 4,684 D
2025-09-08 LINK WILLIAM J PHD Director S-Sale D Common Stock 27,116 57.00 1.55M 143,332 D
2025-08-11 Azamian Bobak R. Director / Officer S-Sale D Common Stock 6,000 50.00 300.0K 818,106 I
2025-06-17 Farrow Jeffrey S Officer S-Sale D Common Stock 13,608 40.42 550.0K 36,704 D
2025-06-16 Lin Elizabeth Yeu Officer S-Sale D Common Stock 1,006 41.08 41.3K 7,694 D
2025-06-16 Farrow Jeffrey S Officer M-Exempt D Restricted Stock Units 27,881 0.00 55,763 D
2025-06-13 YARNO WENDY L Director M-Exempt D Restricted Stock Units 3,350 0.00 0 D
2025-06-13 Morrison Scott W Director M-Exempt A Common Stock 3,350 0.00 3,350 D
2025-06-13 Lin Elizabeth Yeu Officer M-Exempt A Common Stock 3,350 0.00 8,700 D
2025-06-13 LINK WILLIAM J PHD Director M-Exempt A Common Stock 3,350 0.00 170,448 D
2025-06-13 Goldberg Andrew D. Director M-Exempt A Common Stock 3,350 0.00 16,700 D
2025-06-13 CHAUDHURI BHASKAR Director M-Exempt D Restricted Stock Units 3,350 0.00 0 D
2025-06-12 YARNO WENDY L Director A-Award A Stock Option (right to buy) 4,540 40.95 185.9K 4,540 D
2025-06-12 Morrison Scott W Director A-Award A Stock Option (right to buy) 4,540 40.95 185.9K 4,540 D
2025-06-12 LINK WILLIAM J PHD Director A-Award A Restricted Stock Units 2,954 0.00 2,954 D
2025-06-12 Goodrich Katherine Director A-Award A Stock Option (right to buy) 4,540 40.95 185.9K 4,540 D
2025-06-12 Goldberg Andrew D. Director A-Award A Stock Option (right to buy) 4,540 40.95 185.9K 4,540 D
2025-06-12 CHAUDHURI BHASKAR Director A-Award A Stock Option (right to buy) 4,540 40.95 185.9K 4,540 D
2025-06-09 Mottiwala Aziz Officer S-Sale D Common Stock 17,500 43.76 765.8K 47,557 D
2025-03-24 Azamian Bobak R. Director / Officer S-Sale D Common Stock 6,000 50.00 300.0K 824,106 I
2025-03-20 Whitfield Dianne C. Officer S-Sale D Common Stock 2,137 50.11 107.1K 46,355 D
2025-03-20 Wahl Bryan Officer S-Sale D Common Stock 3,084 50.11 154.5K 51,712 D
2025-03-20 Neervannan Seshadri Officer S-Sale D Common Stock 2,435 50.11 122.0K 79,682 D
2025-03-20 Mottiwala Aziz Officer S-Sale D Common Stock 3,365 50.11 168.6K 65,057 D
2025-03-20 Farrow Jeffrey S Officer S-Sale D Common Stock 1,186 50.11 59.4K 22,431 D
2025-03-20 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,534 50.11 427.6K 53,635 D
2025-03-19 Whitfield Dianne C. Officer S-Sale D Common Stock 2,259 47.40 107.1K 48,492 D
2025-03-19 Wahl Bryan Officer S-Sale D Common Stock 3,261 47.40 154.6K 54,796 D
2025-03-19 Neervannan Seshadri Officer S-Sale D Common Stock 2,543 47.40 120.5K 82,117 D
2025-03-19 Mottiwala Aziz Officer S-Sale D Common Stock 3,557 47.40 168.6K 68,422 D
2025-03-19 Farrow Jeffrey S Officer S-Sale D Common Stock 1,254 47.40 59.4K 23,617 D
2025-03-19 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,551 47.40 405.3K 62,169 D
2025-03-18 Whitfield Dianne C. Officer S-Sale D Common Stock 2,315 46.29 107.2K 50,751 D
2025-03-18 Wahl Bryan Officer S-Sale D Common Stock 3,341 46.29 154.7K 58,057 D
2025-03-18 Neervannan Seshadri Officer S-Sale D Common Stock 2,605 46.29 120.6K 84,660 D
2025-03-18 Mottiwala Aziz Officer S-Sale D Common Stock 3,643 46.29 168.6K 71,979 D
2025-03-18 Farrow Jeffrey S Officer S-Sale D Common Stock 1,284 46.29 59.4K 24,871 D
2025-03-18 Azamian Bobak R. Director / Officer S-Sale D Common Stock 7,131 46.29 330.1K 70,720 D
2025-03-17 Farrow Jeffrey S Officer M-Exempt D Restricted Stock Units 8,019 0.00 24,060 D
2025-03-15 Whitfield Dianne C. Officer M-Exempt A Common Stock 18,885 0.00 53,066 D
2025-03-15 Wahl Bryan Officer M-Exempt D Restricted Stock Units 4,790 0.00 4,790 D
2025-03-15 Neervannan Seshadri Officer M-Exempt D Restricted Stock Units 5,097 0.00 5,097 D
2025-03-15 Mottiwala Aziz Officer M-Exempt D Restricted Stock Units 4,790 0.00 4,790 D
2025-03-15 Farrow Jeffrey S Officer M-Exempt A Common Stock 8,019 0.00 26,155 D
2025-03-15 Azamian Bobak R. Director / Officer M-Exempt D Restricted Stock Units 11,299 0.00 11,300 D
2025-03-07 Goldberg Andrew D. Director M-Exempt A Common Stock 7,000 12.89 90.2K 13,350 D
2025-03-05 Whitfield Dianne C. Officer A-Award A Restricted Stock Units 20,089 0.00 20,089 D
2025-03-05 Wahl Bryan Officer A-Award A Restricted Stock Units 20,089 0.00 20,089 D
2025-03-05 Neervannan Seshadri Officer A-Award A Stock Option (right to buy) 30,628 44.54 1.36M 30,628 D
2025-03-05 Mottiwala Aziz Officer A-Award A Restricted Stock Units 22,098 0.00 22,098 D
2025-03-05 Lin Elizabeth Yeu Officer A-Award A Restricted Stock Units 10,045 0.00 10,045 D
2025-03-05 Farrow Jeffrey S Officer A-Award A Restricted Stock Units 20,089 0.00 20,089 D
2025-03-05 Azamian Bobak R. Director / Officer A-Award A Restricted Stock Units 59,512 0.00 59,512 D
2024-11-13 Goodrich Katherine Director A-Award A Stock Option (right to buy) 10,000 46.51 465.1K 10,000 D
2024-11-04 Lin Elizabeth Yeu Officer A-Award A Stock Option (right to buy) 41,074 46.21 1.90M 41,074 D
2024-09-30 Morrison Scott W Director G-Gift D Common Stock 6,016 0.00 0 D
2024-09-15 Morrison Scott W Director M-Exempt D Restricted Stock Units 1,333 0.00 1,334
2024-08-12 LINK WILLIAM J PHD Director J-Other A Common Stock 27,116 0.00 167,098
2024-06-24 YARNO WENDY L Director M-Exempt D Restricted Stock Units 3,350 0.00 0
2024-06-24 Morrison Scott W Director M-Exempt D Restricted Stock Units 3,350 0.00 0
2024-06-24 Lin Elizabeth Yeu Director M-Exempt D Restricted Stock Units 3,350 0.00 0
2024-06-24 LINK WILLIAM J PHD Director M-Exempt A Common Stock 3,350 0.00 139,982
2024-06-24 Goldberg Andrew D. Director M-Exempt D Restricted Stock Units 3,350 0.00 0
2024-06-24 Crane Rosemary A Director M-Exempt A Common Stock 3,350 0.00 5,350
2024-06-24 CHAUDHURI BHASKAR Director M-Exempt D Restricted Stock Units 3,350 0.00 0
2024-06-18 Farrow Jeffrey S Officer S-Sale D Common Stock 10,445 27.47 286.9K 18,136
2024-06-17 Farrow Jeffrey S Officer M-Exempt D Restricted Stock Units 27,881 0.00 83,644
2024-06-13 YARNO WENDY L Director A-Award A Stock Option (right to buy) 5,000 33.14 165.7K 5,000
2024-06-13 Morrison Scott W Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-06-13 Lin Elizabeth Yeu Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-06-13 LINK WILLIAM J PHD Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-06-13 Goldberg Andrew D. Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-06-13 Crane Rosemary A Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-06-13 CHAUDHURI BHASKAR Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2024-03-18 Whitfield Dianne C. Officer S-Sale D Common Stock 4,314 30.60 132.0K 34,181
2024-03-18 Wahl Bryan Officer S-Sale D Common Stock 4,436 30.60 135.7K 40,951
2024-03-18 Neervannan Seshadri Officer S-Sale D Common Stock 4,879 30.60 149.3K 64,767
2024-03-18 Mottiwala Aziz Officer S-Sale D Common Stock 4,766 30.60 145.8K 54,075
2024-03-18 Azamian Bobak R. Director / Officer S-Sale D Common Stock 10,415 30.60 318.7K 26,456
2024-03-15 Whitfield Dianne C. Officer M-Exempt D Restricted Stock Units 7,248 0.00 21,745
2024-03-15 Wahl Bryan Officer M-Exempt A Common Stock 12,038 0.00 45,387
2024-03-15 Neervannan Seshadri Officer M-Exempt A Common Stock 13,245 0.00 69,646
2024-03-15 Mottiwala Aziz Officer M-Exempt D Restricted Stock Units 4,790 0.00 9,580
2024-03-15 Azamian Bobak R. Director / Officer M-Exempt D Restricted Stock Units 11,299 0.00 22,599
2024-03-07 Whitfield Dianne C. Officer A-Award A Stock Option (right to buy) 42,500 35.50 1.51M 42,500
2024-03-07 Wahl Bryan Officer A-Award A Restricted Stock Units 28,702 0.00 28,702
2024-03-07 Neervannan Seshadri Officer A-Award A Restricted Stock Units 32,079 0.00 32,079
2024-03-07 Mottiwala Aziz Officer A-Award A Restricted Stock Units 32,079 0.00 32,079
2024-03-07 Farrow Jeffrey S Officer A-Award A Restricted Stock Units 32,079 0.00 32,079
2024-03-07 Azamian Bobak R. Director / Officer A-Award A Restricted Stock Units 92,485 0.00 92,485
2024-01-25 Lin Elizabeth Yeu Director A-Award A Stock Option (right to buy) 10,000 26.25 262.5K 10,000
2023-12-27 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 20.22 161.8K 830,106
2023-12-20 Trevejo Jose M. Officer S-Sale D Common Stock 2,252 20.00 45.0K 2,251
2023-12-20 Azamian Bobak R. Director / Officer S-Sale D Common Stock 9,443 19.96 188.5K 868,663
2023-12-15 Goldberg Andrew D. Director P-Purchase A Common Stock 1,000 18.96 19.0K 3,000
2023-12-02 YARNO WENDY L Director M-Exempt A Common Stock 5,000 0.00 7,000
2023-11-30 Whitfield Dianne C. Officer S-Sale D Common Stock 8,355 16.31 136.3K 26,784
2023-11-30 Wahl Bryan Officer S-Sale D Common Stock 8,356 16.31 136.3K 31,966
2023-11-29 Whitfield Dianne C. Officer M-Exempt A Common Stock 23,920 0.00 35,139
2023-11-29 Wahl Bryan Officer M-Exempt A Common Stock 23,920 0.00 40,322
2023-11-15 Azamian Bobak R. Director / Officer S-Sale D Common Stock 4,904 18.54 90.9K 878,306
2023-10-18 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 13.24 105.9K 886,106
2023-10-05 Trevejo Jose M. Officer S-Sale D Common Stock 1,604 18.00 28.9K 4,503
2023-09-20 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 17.21 137.7K 894,106
2023-09-15 Morrison Scott W Director M-Exempt D Restricted Stock Units 1,333 0.00 2,667
2023-08-23 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 17.23 137.8K 902,106
2023-08-15 Lin Elizabeth Yeu Director P-Purchase A Common Stock 9,506 16.80 159.7K 15,866
2023-07-19 Mottiwala Aziz Officer S-Sale D Common Stock 2,400 20.05 48.1K 45,806
2023-07-19 Azamian Bobak R. Director / Officer S-Sale D Common Stock 99,726 20.04 2.00M 910,106
2023-07-12 Azamian Bobak R. Director / Officer S-Sale D Common Stock 9,000 17.35 156.2K 1,014,006
2023-06-22 YARNO WENDY L Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-22 Morrison Scott W Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-22 Lin Elizabeth Yeu Director A-Award A Stock Option (right to buy) 5,000 17.99 90.0K 5,000
2023-06-22 LINK WILLIAM J PHD Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-22 Goldberg Andrew D. Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-22 Crane Rosemary A Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-22 CHAUDHURI BHASKAR Director A-Award A Restricted Stock Units 3,350 0.00 3,350
2023-06-21 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 18.63 149.0K 1,023,006
2023-06-16 YARNO WENDY L Director M-Exempt A Common Stock 2,000 0.00 2,000
2023-06-16 Lin Elizabeth Yeu Director M-Exempt D Restricted Stock Units 2,000 0.00 0
2023-06-16 LINK WILLIAM J PHD Director M-Exempt A Common Stock 2,000 0.00 136,632
2023-06-16 Goldberg Andrew D. Director M-Exempt A Common Stock 2,000 0.00 2,000
2023-06-16 Crane Rosemary A Director M-Exempt D Restricted Stock Units 2,000 0.00 0
2023-06-16 CHAUDHURI BHASKAR Director M-Exempt D Restricted Stock Units 2,000 0.00 0
2023-06-14 Azamian Bobak R. Director / Officer S-Sale D Common Stock 9,000 18.58 167.2K 1,031,006
2023-06-08 Mottiwala Aziz Officer S-Sale D Common Stock 100 20.00 2.0K 48,086
2023-06-08 Azamian Bobak R. Director / Officer S-Sale D Common Stock 3,100 20.01 62.0K 1,040,006
2023-06-07 Mottiwala Aziz Officer S-Sale D Common Stock 2,500 19.34 48.4K 48,186
2023-06-06 Mottiwala Aziz Officer S-Sale D Common Stock 2,143 18.61 39.9K 50,686
2023-05-17 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 15.90 127.2K 1,043,106
2023-05-11 LINK WILLIAM J PHD Director J-Other A Common Stock 41,219 0.00 109,892
2023-05-10 Azamian Bobak R. Director / Officer S-Sale D Common Stock 9,000 16.80 151.2K 1,051,106
2023-05-01 Azamian Bobak R. Director / Officer S-Sale D Common Stock 5,841 15.10 88.2K 1,060,106
2023-04-28 Azamian Bobak R. Director / Officer S-Sale D Common Stock 4,278 15.13 64.7K 1,065,947
2023-04-24 Farrow Jeffrey S Officer A-Award A Stock Option (right to buy) 163,397 14.62 2.39M 163,397
2023-04-21 Azamian Bobak R. Director / Officer S-Sale D Common Stock 2,311 15.03 34.7K 1,070,225
2023-04-20 Greenstein Leonard M. Officer S-Sale D Common Stock 5,000 14.02 70.1K 26,785
2023-04-19 Azamian Bobak R. Director / Officer S-Sale D Common Stock 8,000 13.60 108.8K 1,072,536
2023-03-23 Whitfield Dianne C. Officer S-Sale D Common Stock 345 12.15 4.2K 11,219
2023-03-23 Wahl Bryan Officer S-Sale D Common Stock 371 12.15 4.5K 16,402
2023-03-23 Trevejo Jose M. Officer S-Sale D Common Stock 465 12.15 5.6K 6,107
2023-03-23 Neervannan Seshadri Officer S-Sale D Common Stock 390 12.15 4.7K 54,696
2023-03-23 Mottiwala Aziz Officer S-Sale D Common Stock 372 12.15 4.5K 52,829
2023-03-23 Greenstein Leonard M. Officer S-Sale D Common Stock 346 12.15 4.2K 31,785
2023-03-23 Azamian Bobak R. Director / Officer S-Sale D Common Stock 737 12.15 9.0K 8,597
2023-03-22 Whitfield Dianne C. Officer S-Sale D Common Stock 333 12.64 4.2K 11,564
2023-03-22 Wahl Bryan Officer S-Sale D Common Stock 357 12.64 4.5K 16,773
2023-03-22 Trevejo Jose M. Officer S-Sale D Common Stock 529 12.64 6.7K 6,572
2023-03-22 Neervannan Seshadri Officer S-Sale D Common Stock 379 12.64 4.8K 55,086

Executive team

Top executives
EBIT / Employee
-171.6K
Shares Outstanding
42.56M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Board Chairman 726.3K 2.65M 2.65M 555.7K 36.2K 6.62M 80.08%
2 2025 Aziz Mottiwala Chief Commercial Officer 529.3K 983.4K 984.5K 260.1K 32.3K 2.79M 70.55%
3 2025 Jeffrey Farrow Chief Financial Officer and Chief Strategy Officer 541.7K 894.0K 895.0K 264.9K 82.1K 2.68M 66.81%
4 2025 Seshadri Neervannan, Ph.D. Chief Operating Officer 547.0K 894.0K 895.0K 267.3K 24.9K 2.63M 68.07%
5 2025 Bryan Wahl, M.D., J.D General Counsel 500.8K 894.0K 895.0K 245.5K 24.9K 2.56M 69.88%
6 2024 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Board Chairman 673.4K 3.37M 3.27M 532.8K 52.1K 7.90M 84.06%
7 2024 Jeffrey Farrow Chief Financial Officer and Chief Strategy Officer 520.8K 1.17M 1.13M 307.2K 102.5K 3.23M 71.22%
8 2024 Seshadri Neervannan, Ph.D. Chief Operating Officer 527.3K 1.17M 1.13M 311.3K 53.7K 3.19M 72.07%
9 2024 Aziz Mottiwala Chief Commercial Officer 492.6K 1.17M 1.13M 292.5K 51.4K 3.14M 73.35%
10 2024 Elizabeth Yeu-Lin, M.D. Chief Medical Officer 78.2K 25.0K 1.40M 1.55M 53.5K 3.10M 94.95%
11 2023 Jeffrey Farrow Chief Financial Officer and Chief Strategy Officer 343.8K 100.0K 1.68M 1.59M 241.2K 38.0K 3.99M 81.89%
12 2023 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Board Chairman 619.5K 1.03M 1.02M 450.3K 13.2K 3.13M 65.40%
13 2023 Leonard Greenstein Chief Financial Officer 202.1K 411.7K 893.3K 71.6K 399.9K 1.98M 65.96%
14 2023 Seshadri Neervannan, Ph.D. Chief Operating Officer 500.0K 494.1K 488.6K 246.0K 13.2K 1.74M 56.42%
15 2022 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Board Chairman 590.0K 876.8K 2.08M 324.5K 47.6K 3.92M 75.43%
16 2022 Jose Trevejo, M.D., Ph.D Chief Medical Officer 403.3K 150.0K 606.1K 1.64M 176.0K 40.1K 3.02M 74.50%
17 2022 Bryan Wahl, M.D., J.D. General Counsel and Secretary 420.0K 1.03M 880.6K 168.0K 31.1K 2.53M 75.57%
18 2021 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Board Chairman 550.0K 6.03M 269.5K 21.6K 6.87M 87.76%
19 2021 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Director 550.0K 269.5K 6.03M 21.6K 6.87M 87.76%
20 2021 Dianne Whitfield, MSW Chief Human Resources Officer 358.6K 194.6K 2.63M 25.7K 3.21M 81.95%
21 2021 Bryan Wahl, M.D., J.D. General Counsel and Secretary 345.0K 50.0K 2.08M 141.4K 9.1K 2.63M 79.23%
22 2020 Bobak Azamian, M.D., Ph.D. President, Chief Executive Officer and Director 437.0K 211.5K 1.85M 14.8K 2.51M 73.58%
23 2020 Bobak Azamian, M.D. Ph.D. President, Chief Executive Officer and Director 437.0K 211.5K 1.85M 14.8K 2.51M 73.58%
24 2020 Seshadri Neervannan, Ph.D. Chief Operating Officer 199.6K 85.2K 1.93M 2.2K 2.21M 87.03%
25 2020 Leo Greenstein Chief Financial Officer 256.0K 147.4K 418.7K 13.3K 835.4K 50.12%
26 2019 Bobak Azamian, M.D. Ph.D. President, Chief Executive Officer and Director 300.0K 116.1K 416.1K 0.00%
CEO compensation breakdown

Proxy statements

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

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-06 SC 13G/A
2026-05-06 8-K
2026-05-06 10-Q
2026-04-28 DEFA14A
2026-04-28 DEF 14A
2026-04-28 ARS
2026-04-28 4
2026-03-27 SC 13G/A
2026-03-24 4
2026-03-19 4

Executive team

NameTitleCompensationGender
Bobak R. Azamian Co-Founder, President, Chief Executive Officer & Chairman 1M
Jeffrey S. Farrow Chief Financial Officer & Chief Strategy Officer 930.6K male
Seshadri Neervannan Chief Operating Officer 839.2K
Aziz Mottiwala Chief Commercial Officer 836.5K male
Bryan Wahl General Counsel & Corporate Secretary 619.1K
Dianne C. Whitfield Chief Human Resources Officer 578.9K female
Elizabeth Yeu Chief Medical Officer 156.7K
David Nakasone Head of Investor Relations male
Adrienne Kemp Senior Director of Corporate Communications female
Neera Clase Senior Vice President of Market Access female
Scott Youmans Vice President of Sales male
Cara Miller Senior Vice President of Corporate Affairs female
ESG Rating
B
BIOTECHNOLOGY
2026
E (Environmental)
57.1 / 56.3
Company / Sector avg.
S (Social)
62.8 / 62.4
Company / Sector avg.
G (Governance)
58.0 / 60.9
Company / Sector avg.
ESG Total
59.3 / 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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits