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X4 Pharmaceuticals, Inc. (XFOR)

USD3.81 -0.21 (-5.16%)
US NASDAQ Healthcare Biotechnology
Address 61 North Beacon Street 2134
Boston, MA, US
CEO Adam R. Craig
IPO 2017-11-16
CIK 1501697 ISIN US98420X2027

Explore sections of this company profile

Description

X4 Pharmaceuticals, Inc. is a biopharmaceutical firm committed to the discovery, development, and commercialization of innovative therapies for uncommon immune system disorders. Its primary drug candidate, XOLREMDI (also known as mavorixafor), is an orally administered, small-molecule antagonist specifically designed to target the chemokine receptor CXCR4. This compound is currently undergoing Phase 3 clinical trials for the management of WHIM syndrome, a rare immunodeficiency characterized by symptoms such as warts, hypogammaglobulinemia, recurrent infections, and myelokathexis. To broaden its global presence, the company has entered into several licensing agreements: A partnership with Abbisko Therapeutics Co Ltd. grants rights for the manufacturing and distribution of XOLREMDI in mainland China, Taiwan, Hong Kong, and Macau. Another agreement with Norgine covers the development, production, and commercialization of mavorixafor across Europe, Australia, and New Zealand. Furthermore, X4 Pharmaceuticals holds a comprehensive agreement with Genzyme Corporation concerning the CXCR4 receptor, allowing for the development and commercialization of licensed compounds for all medical applications, including therapeutic, preventive, and diagnostic uses. The company maintains its corporate headquarters in Boston, Massachusetts.

News Sentiment (7d)
24 Negative

Based on only 1 article — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
Actelis Networks, Inc. ASNS 2018-12-20 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD3.81 -0.21 (-5.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
589.2K
Beta
0.37
Float Shares
6.50M
Free Float %
57.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.58% +6.64% +9.76% +33.53% +16.28% +12.50% +34.73% -89.80% -98.13% -99.82% -99.82%
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 (13 ratings, all time) Buy
Price Targets & DCF
Current price
3.81
Low 10.00 +162.3%
Consensus 11.00 +188.5%
Median 11.00 +188.5%
High 12.00 +214.7%
DCF (Unlevered) 23.22 +509.1%
DCF (Levered) 2.61 -31.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter 1
12.00
+214.7%
Last Year 5
8.40
+120.3%
All Time 8
6.63
+73.9%
Quality scores
Altman Z-Score
-3.22
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +1,273.2% Q1'26: -90.6% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +66.6% Q1'26: -500.0% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -280.2% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    -247.4% Q1'26: -749.9% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    -821.4% Q1'26: +125.9% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    +531.0% Q1'26: +1,738.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.90× Q1'26: -0.01× (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 (0.32) × ERP
WACC = 71% × Ke + 29% × Kd (11.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 23.71 Current price: 3.81
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 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
3.00M
est: 3.00M (+0.0%)
est: 563.0K (-100.0%)
2.56M
est: 2.20M (+16.3%)
35.11M
est: 34.24M (+2.5%)
9.07M
7.55M – 10.59M
-73.5% YoY
9.17M
7.22M – 11.11M
+1.1% YoY
130.30M
106.17M – 160.03M
+1,321.5% YoY
333.40M
271.65M – 409.47M
+155.9% YoY
715.50M
582.97M – 878.75M
+114.6% YoY
EBITDA
-58.64M
est: 600.0K (-9,874.0%)
-94.89M
est: 112.6K (-84,375.2%)
-27.58M
est: 439.7K (-6,371.1%)
-85.61M
est: 6.85M (-1,349.9%)
1.81M
1.51M – 2.12M
-73.5% YoY
1.83M
1.44M – 2.22M
+1.1% YoY
26.06M
21.23M – 32.01M
+1,321.5% YoY
66.68M
54.33M – 81.89M
+155.9% YoY
143.10M
116.59M – 175.75M
+114.6% YoY
EBIT
-59.87M
est: 600.0K (-10,079.0%)
-95.31M
est: 112.6K (-84,747.3%)
-28.37M
est: 439.7K (-6,552.1%)
-86.88M
est: 6.85M (-1,368.6%)
1.81M
1.51M – 2.12M
-73.5% YoY
1.83M
1.44M – 2.22M
+1.1% YoY
26.06M
21.23M – 32.01M
+1,321.5% YoY
66.68M
54.33M – 81.89M
+155.9% YoY
143.10M
116.59M – 175.75M
+114.6% YoY
Net Income
-62.13M
est: -625.33M (+90.1%)
-101.17M
est: 3.85M (-2,729.3%)
-37.45M
est: -159.79M (+76.6%)
-79.20M
est: -99.72M (+20.6%)
-31.37M
-35.27M – -27.48M
+68.5% YoY
-32.99M
-41.79M – -24.19M
-5.1% YoY
-25.59M
-40.03M – -11.14M
+22.4% YoY
8.67M
6.58M – 11.24M
+133.9% YoY
77.18M
58.60M – 100.08M
+790.2% YoY
SGA
20.94M
est: 20.42M (+2.5%)
35.51M
est: 3.19M (+1,014.3%)
61.52M
est: 12.44M (+394.4%)
43.52M
est: 193.81M (-77.5%)
51.31M
42.71M – 59.92M
-73.5% YoY
51.88M
40.87M – 62.88M
+1.1% YoY
737.45M
600.85M – 905.70M
+1,321.5% YoY
1.89B
1.54B – 2.32B
+155.9% YoY
4.05B
3.30B – 4.97B
+114.6% YoY
EPS
-92.84
est: -93.31 (+0.5%)
-17.07
est: 0.09 (-19,386.4%)
-5.59
est: -3.90 (-43.3%)
-1.87
est: -2.04 (+8.2%)
-0.75
-0.83 – -0.65
+63.4% YoY
-0.78
-0.99 – -0.57
-4.5% YoY
-0.61
-0.95 – -0.26
+22.4% YoY
0.21
0.16 – 0.27
+133.9% YoY
1.83
1.39 – 2.37
+790.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-06 C+ 2/5 3/5 1/5 1/5 4/5 1/5 2/5
2026-05-05 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-05-04 C 2/5 3/5 1/5 1/5 2/5 1/5 3/5
2026-05-01 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C 2/5 3/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-116.54M
OE per share TTM
-4.95
Owner's Yield
-21.07%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
106.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
5
Total invested
48.1K
Insider transactions (90d)
0
Beneficial owners (>5%)
46
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Anders Hove 17.76M 9.99% 17.76M IN United States of America 2024-02-14
2 Acorn Bioventures 2 L.P. 11.39M 6.50% 11.39M PN Delaware 2024-02-14
3 Acorn Capital Advisors GP 2, LLC 11.39M 6.50% 11.39M OO Delaware 2024-02-14
4 (1) BlackRock, Inc. 11.21M 6.70% 11.14M 11.21M HC Delaware 2024-11-08
5 Israel A. Englander 8.27M 5.20% 8.27M 8.27M IN 2023-06-16
6 Millennium Group Management LLC 8.27M 5.20% 8.27M 8.27M OO 2023-06-16
7 Millennium Management LLC 8.27M 5.20% 8.27M 8.27M OO 2023-06-16
8 Acorn Bioventures, L.P. 8.21M 4.80% 8.21M PN Delaware 2024-02-14
9 Acorn Capital Advisors GP, LLC 8.21M 4.80% 8.21M OO Delaware 2024-02-14
10 Ali Behbahani 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
11 Anthony A. Florence, Jr. 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
12 Carmen Chang 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
13 Edward T. Mathers 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
14 Growth Equity Opportunities 18 VGE, LLC 6.88M 9.90% 6.88M 6.88M OO Delaware Limited Liability Company 2022-07-19
15 Liza Landsman 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
16 Mohamad H. Makhzoumi 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
17 NEA 18 VGE GP, LLC 6.88M 9.90% 6.88M 6.88M OO Limited Liability Company 2022-07-19
18 NEA 18 Venture Growth Equity, L.P. 6.88M 9.90% 6.88M 6.88M PN Delaware Limited Partnership 2022-07-19
19 NEA Partners 18 VGE, L.P. 6.88M 9.90% 6.88M 6.88M PN Delaware Limited Partnership 2022-07-19
20 Paul Walker 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
21 Peter W. Sonsini 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
22 Rick Yang 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
23 Scott D. Sandell 6.88M 9.90% 6.88M 6.88M IN States 2022-07-19
24 Empery Asset Management, LP 4.55M 5.12% 4.55M PN Delaware 2023-01-13
25 Martin D. Hoe 4.55M 5.12% 4.55M IN United States 2023-01-13
26 Ryan M. Lane 4.55M 5.12% 4.55M IN United States 2023-01-13
27 OrbiMed Advisors LLC 1.84M 6.40% 1.84M IA Delaware 2022-02-11
28 OrbiMed Capital GP IV LLC 1.84M 6.40% 1.84M OO Delaware 2022-02-11
29 Alex Noah Investors, Inc. 1.81M 6.44% 1.81M CO Illinois 2022-01-19
30 Jonathan I. Cope 1.81M 6.44% 1.81M IN Illinois 2022-01-19
31 Joshua B. Scheinfeld 1.81M 6.44% 1.81M IN Illinois 2022-01-19
32 Lincoln Park Capital Fund, LLC 1.81M 6.44% 1.81M OO Illinois 2022-01-19
33 Lincoln Park Capital, LLC 1.81M 6.44% 1.81M OO Illinois 2022-01-19
34 Rockledge Capital Corporation 1.81M 6.44% 1.81M CO Illinois 2022-01-19
35 Point72 Asset Management, L.P. 1.63M 4.00% 1.63M 1.63M PN Delaware 2022-02-14
36 Steven A. Cohen 1.50M 4.00% 1.50M 1.50M IN United States 2021-11-17
37 Point72 Capital Advisors, Inc. 1.50M 4.00% 1.50M 1.50M CO United States 2021-11-17
38 (. 1.46M 6.20% 1.46M 1.46M IN United States 2021-06-29
39 27-4413262 1.46M 6.20% 1.46M 1.46M OO Maryland 2021-06-29
40 Peter Kolchinsky 1.14M 3.90% 1.14M HC, IN Delaware 2022-02-14
41 RA Capital Healthcare Fund, L.P. 1.14M 3.90% 1.14M HC, IN Delaware 2022-02-14
42 RA Capital Management, L.P. 1.14M 3.90% 1.14M IA, PN Delaware 2022-02-14
43 Rajeev Shah 1.14M 3.90% 1.14M HC, IN Delaware 2022-02-14
44 Neil Shahrestani 826.4K 5.10% 826.4K 826.4K HC, IN Delaware 2020-12-30
45 Ikarian Healthcare Master Fund, L.P. 663.8K 4.10% 663.8K 663.8K PN Delaware 2020-12-30
46 Cubist Systematic Strategies, LLC 243.00 4.00% 243.00 243.00 OO United States 2021-11-17

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
5
-71 vs prev Q
New positions
0
Closed positions
70
Increased
1
Reduced
1
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 EMPERY ASSET MANAGEMENT, LP 8.95M +9.0M (+100.0%) 35.80B +35.8B (+100.0%) 120.75% +120.749 pp 31.57% +31.573 pp USD4.00 +0.0% 1 qtrs NEW
2 3.72M +3.7M (+100.0%) 14.89B +14.9B (+100.0%) 50.22% +50.221 pp 14.73% +14.729 pp USD4.00 +0.0% 1 qtrs NEW
3 FMR LLC 8.50M +8.5M (+100.0%) 34.00M +34.0M (+100.0%) 114.65% +114.651 pp 0.00% +0.002 pp USD4.00 +0.0% 3 qtrs
4 MORGAN STANLEY 8.21M +8.2M (+220,072.1%) 32.83M +32.8M (+257,406.4%) 110.72% +110.675 pp 0.00% +0.002 pp USD4.00 +0.0% 3 qtrs
5 BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC 7.97M +5.5M (+227.0%) 31.87M +23.5M (+282.4%) 107.48% +74.611 pp 2.44% +1.888 pp USD3.72 +7.5% 3 qtrs
6 PERCEPTIVE ADVISORS LLC 6.31M +6.3M (+100.0%) 25.26M +25.3M (+100.0%) 85.18% +85.181 pp 0.45% +0.450 pp USD4.00 +0.0% 1 qtrs NEW
7 SATURN V CAPITAL MANAGEMENT LLC 5.80M +5.8M (+100.0%) 23.20M +23.2M (+100.0%) 78.25% +78.248 pp 4.26% +4.258 pp USD4.00 +0.0% 1 qtrs NEW
8 DEEP TRACK CAPITAL, LP 5.01M +3.9M (+346.7%) 20.05M +16.2M (+422.4%) 67.63% +52.491 pp 0.36% +0.250 pp USD3.87 +3.4% 2 qtrs
9 VANGUARD GROUP INC 3.42M +3.0M (+734.1%) 13.69M +12.3M (+875.5%) 46.18% +40.647 pp 0.00% +0.000 pp USD3.83 +4.4% 3 qtrs
10 BRAIDWELL LP 3.37M +3.4M (+100.0%) 13.48M +13.5M (+100.0%) 45.45% +45.446 pp 0.43% +0.431 pp USD4.00 +0.0% 1 qtrs NEW
11 BLACKSTONE INC. 2.68M +2.7M (+100.0%) 10.73M +10.7M (+100.0%) 36.18% +36.179 pp 0.04% +0.042 pp USD4.00 +0.0% 1 qtrs NEW
12 ROSALIND ADVISORS, INC. 2.61M +1.1M (+68.7%) 10.42M +5.1M (+97.3%) 35.15% +14.317 pp 3.66% +1.858 pp USD3.66 +9.3% 2 qtrs
13 NANTAHALA CAPITAL MANAGEMENT, LLC 2.45M +221.1K (+9.9%) 9.80M +2.2M (+28.6%) 33.04% +2.983 pp 0.32% +0.059 pp USD3.47 +15.3% 2 qtrs
14 BVF INC/IL 2.23M +— (+0.0%) 8.93M +1.3M (+17.0%) 30.13% +0.000 pp 0.30% -0.009 pp USD3.42 +17.0% 2 qtrs
15 SAMSARA BIOCAPITAL, LLC 1.96M +2.0M (+100.0%) 7.84M +7.8M (+100.0%) 26.44% +26.440 pp 0.81% +0.809 pp USD4.00 +0.0% 1 qtrs NEW
16 SIREN, L.L.C. 1.50M +1.5M (+100.0%) 6.00M +6.0M (+100.0%) 20.23% +20.235 pp 0.18% +0.179 pp USD4.00 +0.0% 1 qtrs NEW
17 BLACKROCK, INC. 1.23M +1.2M (+1,880.8%) 4.91M +4.7M (+2,216.8%) 16.55% +15.714 pp 0.00% +0.000 pp USD3.89 +2.8% 3 qtrs
18 WOODLINE PARTNERS LP 1.00M +1.0M (+100.0%) 4.00M +4.0M (+100.0%) 13.50% +13.501 pp 0.02% +0.016 pp USD4.00 +0.0% 1 qtrs NEW
19 GEODE CAPITAL MANAGEMENT, LLC 940.4K +860.8K (+1,080.6%) 3.76M +3.5M (+1,281.4%) 12.69% +11.612 pp 0.00% +0.000 pp USD3.87 +3.4% 3 qtrs
20 STEMPOINT CAPITAL LP 898.5K +343.1K (+61.8%) 3.59M +1.7M (+89.2%) 12.12% +4.628 pp 0.62% +0.236 pp USD3.64 +9.9% 2 qtrs
21 GOLDMAN SACHS GROUP INC 831.9K +831.9K (+100.0%) 3.33M +3.3M (+100.0%) 11.22% +11.222 pp 0.00% +0.000 pp USD4.00 +0.0% 3 qtrs
22 POINT72 ASSET MANAGEMENT, L.P. 808.2K +786.5K (+3,630.1%) 3.23M +3.2M (+4,262.6%) 10.90% +10.610 pp 0.00% +0.004 pp USD3.94 +1.5% 3 qtrs
23 STONEPINE CAPITAL MANAGEMENT, LLC 593.6K -462.8K (-43.8%) 2.37M -1.2M (-34.3%) 8.01% -6.243 pp 1.73% -1.204 pp USD3.42 +17.0% 2 qtrs
24 SILVERARC CAPITAL MANAGEMENT, LLC 357.4K +357.4K (+100.0%) 1.43M +1.4M (+100.0%) 4.82% +4.821 pp 0.20% +0.199 pp USD4.00 +0.0% 1 qtrs NEW
25 STATE STREET CORP 198.2K +159.5K (+411.8%) 792.9K +660.5K (+498.6%) 2.67% +2.152 pp 0.00% +0.000 pp USD3.77 +6.1% 3 qtrs
26 NORTHERN TRUST CORP 178.2K +178.2K (+100.0%) 712.9K +712.9K (+100.0%) 2.40% +2.404 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
27 PALE FIRE CAPITAL SE 167.6K -13.3K (-7.3%) 670.4K +51.9K (+8.4%) 2.26% -0.179 pp 0.05% -0.023 pp USD2.92 +37.0% 3 qtrs
28 AFFINITY ASSET ADVISORS, LLC 145.0K +145.0K (+100.0%) 580.0K +580.0K (+100.0%) 1.96% +1.956 pp 0.03% +0.033 pp USD4.00 +0.0% 1 qtrs NEW
29 CITADEL ADVISORS LLC 128.7K +128.7K (+100.0%) 514.7K +514.7K (+100.0%) 1.74% +1.736 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 127.9K +— (+0.0%) 511.6K +74.2K (+17.0%) 1.73% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
31 PALUMBO WEALTH MANAGEMENT LLC 113.4K +18.0K (+18.9%) 453.4K +127.4K (+39.1%) 1.53% +0.243 pp 0.11% +0.008 pp USD3.51 +14.0% 2 qtrs
32 OMERS ADMINISTRATION CORP 109.2K +109.2K (+100.0%) 436.8K +436.8K (+100.0%) 1.47% +1.473 pp 0.00% +0.003 pp USD4.00 +0.0% 1 qtrs NEW
33 JANE STREET GROUP, LLC 91.4K +91.4K (+100.0%) 365.7K +365.7K (+100.0%) 1.23% +1.233 pp 0.00% +0.000 pp USD4.00 +0.0% 3 qtrs
34 MARSHALL WACE, LLP 80.5K +80.5K (+100.0%) 321.8K +321.8K (+100.0%) 1.09% +1.085 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
35 EXODUSPOINT CAPITAL MANAGEMENT, LP 79.1K +79.1K (+100.0%) 316.3K +316.3K (+100.0%) 1.07% +1.067 pp 0.00% +0.003 pp USD4.00 +0.0% 1 qtrs NEW
36 QUBE RESEARCH & TECHNOLOGIES LTD 67.7K +67.7K (+100.0%) 271.0K +271.0K (+100.0%) 0.91% +0.914 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 66.8K +66.8K (+100.0%) 267.2K +267.2K (+100.0%) 0.90% +0.901 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
38 BALYASNY ASSET MANAGEMENT L.P. 64.5K +64.5K (+100.0%) 258.0K +258.0K (+100.0%) 0.87% +0.870 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
39 BARCLAYS PLC 57.5K +57.5K (+100.0%) 230.0K +230.0K (+100.0%) 0.78% +0.776 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
40 MILLENNIUM MANAGEMENT LLC 56.0K -8.8K (-13.6%) 223.9K +2.3K (+1.0%) 0.76% -0.119 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
41 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 43.3K +43.3K (+100.0%) 173.0K +173.0K (+100.0%) 0.58% +0.584 pp 0.00% +0.003 pp USD4.00 +0.0% 1 qtrs NEW
42 BANK OF AMERICA CORP /DE/ 35.8K +16.5K (+85.3%) 143.0K +77.0K (+116.7%) 0.48% +0.222 pp 0.00% +0.000 pp USD2.87 +39.4% 3 qtrs
43 CITIGROUP INC 32.3K +32.3K (+100,937.5%) 129.3K +129.2K (+118,549.5%) 0.44% +0.436 pp 0.00% +0.000 pp USD4.00 +0.0% 3 qtrs
44 HUDSON BAY CAPITAL MANAGEMENT LP 32.2K +32.2K (+100.0%) 129.0K +129.0K (+100.0%) 0.43% +0.435 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
45 JEFFERIES FINANCIAL GROUP INC. 26.1K +26.1K (+100.0%) 104.5K +104.5K (+100.0%) 0.35% +0.352 pp 0.00% +0.001 pp USD4.00 +0.0% 1 qtrs NEW
46 MAN GROUP PLC 24.2K +24.2K (+100.0%) 96.7K +96.7K (+100.0%) 0.33% +0.326 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
47 VIRTU FINANCIAL LLC 22.5K +22.5K (+100.0%) 90.0K +90.0K (+100.0%) 0.30% +0.303 pp 0.00% +0.004 pp USD4.00 +0.0% 3 qtrs
48 LIGHTHOUSE INVESTMENT PARTNERS, LLC 22.2K +22.2K (+100.0%) 88.8K +88.8K (+100.0%) 0.30% +0.300 pp 0.00% +0.003 pp USD4.00 +0.0% 1 qtrs NEW
49 STIFEL FINANCIAL CORP 20.5K +20.5K (+100.0%) 82.0K +82.0K (+100.0%) 0.28% +0.277 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
50 TWO SIGMA INVESTMENTS, LP 17.2K +3.4K (+24.4%) 69.0K +21.6K (+45.4%) 0.23% +0.046 pp 0.00% +0.000 pp USD3.53 +13.3% 2 qtrs
51 CREATIVE PLANNING 16.4K +16.4K (+100.0%) 65.7K +65.7K (+100.0%) 0.22% +0.222 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
52 CAXTON CORP 15.6K +15.6K (+100.0%) 62.2K +62.2K (+100.0%) 0.21% +0.210 pp 1.45% +1.454 pp USD4.00 +0.0% 1 qtrs NEW
53 SQUAREPOINT OPS LLC 12.5K +12.5K (+100.0%) 50.1K +50.1K (+100.0%) 0.17% +0.169 pp 0.00% +0.000 pp USD4.00 +0.0% 3 qtrs
54 TOWER RESEARCH CAPITAL LLC (TRC) 10.4K -233.0 (-2.2%) 41.8K +5.3K (+14.4%) 0.14% -0.003 pp 0.00% +0.000 pp USD2.68 +49.3% 3 qtrs
55 JPMORGAN CHASE & CO 4.6K +4.5K (+13,781.8%) 18.3K +18.2K (+16,115.9%) 0.06% +0.061 pp 0.00% +0.000 pp USD3.98 +0.5% 3 qtrs
56 UBS GROUP AG 4.1K -155.7K (-97.4%) 16.5K -530.1K (-97.0%) 0.06% -2.100 pp 0.00% 0.000 pp USD2.37 +68.8% 3 qtrs
57 GROUP ONE TRADING, L.P. 4.0K +— (+0.0%) 16.0K +2.3K (+17.0%) 0.05% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
58 SIGNATUREFD, LLC 2.8K +2.8K (+100.0%) 11.0K +11.0K (+100.0%) 0.04% +0.037 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
59 CIBC PRIVATE WEALTH GROUP, LLC 2.2K +— (+0.0%) 8.7K +1.3K (+17.0%) 0.03% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
60 PNC FINANCIAL SERVICES GROUP, INC. 1.8K +— (+0.0%) 7.0K +1.0K (+17.0%) 0.02% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
61 RUSSELL INVESTMENTS GROUP, LTD. 729.00 +— (+0.0%) 2.9K +423.0 (+17.0%) 0.01% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
62 ALLWORTH FINANCIAL LP 715.00 +715.0 (+100.0%) 2.9K +2.9K (+100.0%) 0.01% +0.010 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
63 BLEICHROEDER LP 595.00 +— (+0.0%) 2.4K +345.0 (+17.0%) 0.01% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
64 BNP PARIBAS ARBITRAGE, SNC 511.00 -43.0 (-7.8%) 2.0K +149.0 (+7.9%) 0.01% -0.001 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
65 FARTHER FINANCE ADVISORS, LLC 331.00 +331.0 (+100.0%) 1.3K +1.3K (+100.0%) 0.00% +0.005 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
66 RONALD BLUE TRUST, INC. 284.00 +— (+0.0%) 1.1K +165.0 (+17.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD1.90 +110.5% 3 qtrs
67 FORTITUDE FAMILY OFFICE, LLC 137.00 +137.0 (+100.0%) 548.00 +548.0 (+100.0%) 0.00% +0.002 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
68 SBI SECURITIES CO., LTD. 50.00 -166.0 (-76.9%) 200.00 -539.0 (-72.9%) 0.00% -0.002 pp 0.00% +0.000 pp USD1.88 +112.8% 3 qtrs
69 JONES FINANCIAL COMPANIES LLLP 38.00 +— (+0.0%) 152.00 +21.0 (+16.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD1.89 +111.6% 3 qtrs
70 ROCKEFELLER CAPITAL MANAGEMENT L.P. 33.00 +— (+0.0%) 132.00 +19.0 (+16.8%) 0.00% +0.000 pp 0.00% +0.000 pp USD3.39 +18.0% 2 qtrs
71 NEWEDGE ADVISORS, LLC 33.00 +— (+0.0%) 132.00 +19.0 (+16.8%) 0.00% +0.000 pp 0.00% +0.000 pp USD1.88 +112.8% 3 qtrs
72 HIGHMARK WEALTH MANAGEMENT LLC 6.00 +— (+0.0%) 24.00 +3.0 (+14.3%) 0.00% +0.000 pp 0.00% +0.000 pp USD1.83 +118.6% 3 qtrs
73 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 5.00 +5.0 (+100.0%) 20.00 +20.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD4.00 +0.0% 1 qtrs NEW
74 ROYAL BANK OF CANADA -2.5K (-100.0%) -9.0K (-100.0%) 0.00% -0.034 pp 0.00% +0.000 pp USD 3 qtrs SOLD
75 BOOTHBAY FUND MANAGEMENT, LLC -344.0K (-100.0%) -1.2M (-100.0%) 0.00% -4.640 pp 0.00% -0.017 pp USD 2 qtrs SOLD
76 RENAISSANCE TECHNOLOGIES LLC -19.2K (-100.0%) -65.6K (-100.0%) 0.00% -0.259 pp 0.00% 0.000 pp USD 3 qtrs SOLD
77 TD WATERHOUSE CANADA INC. -1.5K (-100.0%) -5.4K (-100.0%) 0.00% -0.020 pp 0.00% +0.000 pp USD 3 qtrs SOLD
78 KINGDON CAPITAL MANAGEMENT, L.L.C. -933.3K (-100.0%) -3.2M (-100.0%) 0.00% -12.591 pp 0.00% -0.396 pp USD 3 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 38 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Invesco NASDAQ Future Gen 200 ETF QQQS 0.51% 112.2K 0.20%
2 ALPS Medical Breakthroughs ETF SBIO 0.21% 454.2K 0.50%
3 iShares Micro-Cap ETF IWC 0.08% 1.20M 0.60%
4 iShares Russell 2000 Value ETF IWN 0.02% 3.31M 0.24%
5 Global X - Russell 2000 ETF RSSL 0.01% 166.1K 0.08%
6 Invesco Russell 2000 UCITS ETF RTYS.L 0.01% 36.0K 0.25%
7 Avantis U.S. Small Cap Equity ETF AVSC 0.01% 332.2K 0.25%
8 Xtrackers Russell 2000 UCITS ETF 1C XRSU.L 0.01% 310.5K 0.30%
9 iShares Russell 2000 BuyWrite ETF IWMW 0.01% 5.9K 0.39%
10 iShares Russell 2000 ETF IWM 0.01% 8.58M 0.19%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
4
Sells
0
Shares acquired
6.30M
Shares disposed
Cash buys
1.00
Cash sales
Net activity
+6,297,283
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
2026-01-01 de Craecker Francoise Director A-Award A Stock Option (right to buy) 110,000 4.00 440.0K 0 D
2026-01-01 WYZGA MICHAEL S Director A-Award A Stock Option (right to buy) 110,000 4.00 440.0K 0 D
2026-01-01 Stewart Murray Director A-Award A Stock Option (right to buy) 110,000 4.00 440.0K 0 D
2026-01-01 Bridger Gary Director A-Award A Stock Option (right to buy) 110,000 4.00 440.0K 0 D
2025-10-29 Volpone John Officer A-Award A Stock Option (right to buy) 2,329,154 1.42 3.31M 2,329,154 D
2025-10-29 KIRSKE DAVID Officer A-Award A Stock Option (right to buy) 1,552,769 1.42 2.20M 1,552,769 D
2025-10-29 Craig Adam R Director / Officer A-Award A Stock Option (right to buy) 2,329,154 1.42 3.31M 2,329,154 D
2025-10-23 Craig Adam R Director / Officer P-Purchase A Common Stock 86,206 2.90 250.0K 376,087 D
2025-08-14 Volpone John Officer A-Award A Stock Option (right to buy) 529,201 3.14 1.66M 529,201 D
2025-08-14 KIRSKE DAVID Officer A-Award A Common Stock 193,254 0.00 193,254 D
2025-08-14 Craig Adam R Director / Officer A-Award A Stock Option (right to buy) 529,201 3.14 1.66M 529,201 D
2025-08-12 Volpone John Officer 0 0.00 0
2025-08-12 KIRSKE DAVID Officer A-Award A Stock Option (right to buy) 1,073,249 1.42 1.52M 1,073,249 D
2025-08-12 Craig Adam R Director / Officer A-Award A Stock Option (right to buy) 1,609,873 1.42 2.29M 1,609,873 D
2025-06-09 de Craecker Francoise Director A-Award A Common Stock 1,500 0.00 4,722 D
2025-06-09 Woods Keith Director A-Award A Common Stock 1,500 0.00 6,000 D
2025-06-09 WYZGA MICHAEL S Director A-Award A Common Stock 1,500 0.00 5,555 D
2025-06-09 Stewart Murray Director A-Award A Common Stock 1,500 0.00 7,883 D
2025-06-09 MCGIRR DAVID W J Director A-Award A Common Stock 1,500 0.00 4,722 D
2025-06-09 Bridger Gary Director A-Award A Common Stock 1,500 0.00 4,722 D
2025-05-20 Thoren Natasha Fay Officer A-Award A Common Stock 3,333 0.00 9,462 D
2025-05-16 Baldry Mark Officer A-Award A Common Stock 1,032 2.48 2.6K 25,337 D
2025-02-12 Ragan Paula Director / Officer A-Award A Common Stock 2,250,000 0.00 3,337,386 D
2025-02-12 Mostafa Adam S. Officer A-Award A Common Stock 850,000 0.00 850,000 D
2025-02-12 DiBiase Mary Officer A-Award A Common Stock 650,000 0.00 1,140,980 D
2025-02-12 Baldry Mark Officer A-Award A Common Stock 600,000 0.00 729,173 D
2025-02-12 Arbet-Engels Christophe Officer A-Award A Common Stock 850,000 0.00 864,207 D
2025-01-24 Ragan Paula Director / Officer S-Sale D Common Stock 76,473 0.45 34.7K 1,087,386 D
2025-01-24 Mostafa Adam S. Officer S-Sale D Common Stock 74,773 0.45 33.9K 0 D
2025-01-24 DiBiase Mary Officer S-Sale D Common Stock 22,258 0.45 10.1K 490,980 D
2025-01-24 Baldry Mark Officer S-Sale D Common Stock 29,159 0.45 13.2K 94,123 D
2025-01-24 Arbet-Engels Christophe Officer S-Sale D Common Stock 11,624 0.45 5.3K 14,207 D
2025-01-23 Ragan Paula Director / Officer A-Award A Common Stock 169,940 0.00 1,163,859 D
2025-01-23 Mostafa Adam S. Officer A-Award A Common Stock 74,773 0.00 74,773 D
2025-01-23 DiBiase Mary Officer A-Award A Common Stock 61,178 0.00 513,238 D
2025-01-23 Baldry Mark Officer A-Award A Common Stock 74,773 0.00 123,282 D
2025-01-23 Arbet-Engels Christophe Officer A-Award A Common Stock 25,831 0.00 25,831 D
2024-11-15 Ragan Paula Director / Officer S-Sale D Common Stock 31,897 0.39 12.6K 993,919 D
2024-11-15 Baldry Mark Officer P-Purchase A Common Stock 13,404 0.34 4.6K 129,173 D
2024-10-15 Ragan Paula Director / Officer S-Sale D Common Stock 31,897 0.56 17.9K 1,025,816 D
2024-10-07 Taveras Arthur Officer S-Sale D Common Stock 76,920 0.56 43.3K 388,026 D
2024-10-07 Ragan Paula Director / Officer S-Sale D Common Stock 239,436 0.55 131.5K 1,057,713 D
2024-10-07 Mostafa Adam S. Officer S-Sale D Common Stock 230,645 0.55 126.9K 0 D
2024-10-07 DiBiase Mary Officer S-Sale D Common Stock 67,695 0.57 38.3K 452,060 D
2024-10-07 Baldry Mark Officer S-Sale D Common Stock 11,127 0.58 6.5K 48,509 D
2024-10-04 Taveras Arthur Officer A-Award A Common Stock 230,645 0.00 464,946 D
2024-10-04 Ragan Paula Director / Officer A-Award A Common Stock 532,081 0.00 1,297,149 D
2024-10-04 Mostafa Adam S. Officer A-Award A Common Stock 230,645 0.00 230,645 D
2024-10-04 DiBiase Mary Officer A-Award A Common Stock 230,645 0.00 519,755 D
2024-10-04 Baldry Mark Officer A-Award A Common Stock 34,946 0.00 59,636 D
2024-09-09 DiBiase Mary Officer S-Sale D Common Stock 2,642 0.66 1.7K 289,110
2024-06-10 de Craecker Francoise Director A-Award A Common Stock 45,000 0.00 96,667
2024-06-10 Woods Keith Director A-Award A Common Stock 45,000 0.00 135,000
2024-06-10 WYZGA MICHAEL S Director A-Award A Common Stock 45,000 0.00 121,667
2024-06-10 Stewart Murray Director A-Award A Common Stock 45,000 0.00 191,504
2024-06-10 MCGIRR DAVID W J Director A-Award A Common Stock 45,000 0.00 96,667
2024-06-10 Lawton Alison Frances Director A-Award A Common Stock 45,000 0.00 96,667
2024-06-10 Bridger Gary Director A-Award A Common Stock 45,000 0.00 96,667
2024-06-10 Aliski William Director A-Award A Common Stock 45,000 0.00 96,667
2024-05-17 Baldry Mark Officer P-Purchase A Common Stock 21,646 0.68 14.7K 115,769 D
2024-03-11 Taveras Arthur Officer S-Sale D Common Stock 14,235 0.88 12.6K 234,301
2024-03-11 Ragan Paula Director / Officer S-Sale D Common Stock 49,678 0.88 43.9K 765,068
2024-03-11 Mostafa Adam S. Officer S-Sale D Common Stock 52,500 0.88 46.3K 0
2024-03-11 DiBiase Mary Officer S-Sale D Common Stock 15,409 0.88 13.6K 291,752
2024-02-13 Taveras Arthur Officer A-Award A Stock Appreciation Right 428,248 0.92 394.4K 428,248
2024-02-13 Ragan Paula Director / Officer A-Award A Stock Appreciation Right 1,189,578 0.92 1.10M 1,189,578
2024-02-13 Mostafa Adam S. Officer A-Award A Stock Appreciation Right 523,414 0.92 482.1K 523,414
2024-02-13 DiBiase Mary Officer A-Award A Stock Appreciation Right 428,248 0.92 394.4K 428,248
2024-02-13 Baldry Mark Officer A-Award A Stock Appreciation Right 523,414 0.92 482.1K 523,414
2024-02-13 Arbet-Engels Christophe Officer A-Award A Stock Appreciation Right 180,816 0.92 166.5K 180,816
2024-02-12 Taveras Arthur Officer S-Sale D Common Stock 787 1.01 792.67 248,536
2024-02-12 Ragan Paula Director / Officer S-Sale D Common Stock 21,695 1.01 21.9K 814,746
2024-02-12 Mostafa Adam S. Officer S-Sale D Common Stock 27,721 1.01 28.0K 52,500
2024-02-12 DiBiase Mary Officer S-Sale D Common Stock 3,683 1.01 3.7K 307,161
2023-11-03 Ragan Paula Director / Officer S-Sale D Common Stock 39,906 0.90 35.9K 836,441
2023-11-01 Taveras Arthur Officer S-Sale D Common Stock 67,695 0.73 49.4K 249,323
2023-11-01 Ragan Paula Director / Officer S-Sale D Common Stock 199,531 0.73 145.7K 876,347
2023-11-01 Mostafa Adam S. Officer S-Sale D Common Stock 230,645 0.73 168.4K 80,221
2023-11-01 DiBiase Mary Officer S-Sale D Common Stock 67,695 0.73 49.4K 310,844
2023-11-01 Baldry Mark Officer S-Sale D Common Stock 10,257 0.73 7.5K 24,690
2023-10-31 Taveras Arthur Officer A-Award A Common Stock 230,645 0.00 317,018
2023-10-31 Ragan Paula Director / Officer A-Award A Common Stock 532,081 0.00 1,075,878
2023-10-31 Mostafa Adam S. Officer A-Award A Common Stock 230,645 0.00 310,866
2023-10-31 DiBiase Mary Officer A-Award A Common Stock 230,645 0.00 378,539
2023-10-31 Baldry Mark Officer A-Award A Common Stock 34,947 0.00 34,947
2023-10-16 Woods Keith Director A-Award A Common Stock 90,000 0.00 90,000
2023-09-08 DiBiase Mary Officer S-Sale D Common Stock 2,642 1.25 3.3K 147,894
2023-08-31 Arbet-Engels Christophe Officer A-Award A Stock Option (right to buy) 1,250,000 1.28 1.60M 1,250,000
2023-08-18 WYZGA MICHAEL S Director P-Purchase A Common Stock 25,000 1.20 29.9K 76,667
2023-08-16 Arbet-Engels Christophe Officer 0 0.00 0
2023-08-10 Stewart Murray Director / Officer S-Sale D Common Stock 130,056 1.06 137.9K 146,504
2023-08-09 Stewart Murray Director / Officer A-Award A Common Stock 269,893 0.00 276,560
2023-06-30 Mostafa Adam S. Officer S-Sale D Common Stock 2,641 1.89 5.0K 80,221
2023-06-30 DiBiase Mary Officer S-Sale D Common Stock 464 1.89 876.96 150,536
2023-06-23 Ragan Paula Director / Officer S-Sale D Common Stock 6,724 1.92 12.9K 543,797
2023-06-23 Mostafa Adam S. Officer S-Sale D Common Stock 5,417 1.93 10.5K 82,862
2023-06-23 DiBiase Mary Officer S-Sale D Common Stock 857 1.93 1.7K 151,000
2023-06-15 Ragan Paula Director / Officer S-Sale D Common Stock 6,724 2.23 15.0K 550,521
2023-06-15 Mostafa Adam S. Officer S-Sale D Common Stock 5,417 2.22 12.0K 88,279
2023-06-15 DiBiase Mary Officer S-Sale D Common Stock 857 2.23 1.9K 151,857
2023-06-13 de Craecker Francoise Director A-Award A Common Stock 45,000 0.00 51,667
2023-06-13 WYZGA MICHAEL S Director A-Award A Common Stock 45,000 0.00 51,667
2023-06-13 MCGIRR DAVID W J Director A-Award A Common Stock 45,000 0.00 51,667
2023-06-13 Lawton Alison Frances Director A-Award A Common Stock 45,000 0.00 51,667
2023-06-13 Bridger Gary Director A-Award A Common Stock 45,000 0.00 51,667
2023-06-13 Aliski William Director A-Award A Common Stock 45,000 0.00 51,667
2023-05-31 Ragan Paula Director / Officer S-Sale D Common Stock 6,292 1.95 12.3K 557,245
2023-03-10 Taveras Arthur Officer S-Sale D Common Stock 16,806 0.84 14.1K 86,373
2023-03-10 Ragan Paula Director / Officer S-Sale D Common Stock 49,678 0.84 41.7K 563,537
2023-03-10 Mostafa Adam S. Officer S-Sale D Common Stock 52,500 0.84 44.1K 93,696
2023-03-10 DiBiase Mary Officer S-Sale D Common Stock 18,192 0.84 15.3K 152,714
2023-02-13 Taveras Arthur Officer S-Sale D Common Stock 928 0.93 863.04 103,179
2023-02-13 Ragan Paula Director / Officer S-Sale D Common Stock 21,695 0.93 20.2K 613,215
2023-02-13 Mostafa Adam S. Officer S-Sale D Common Stock 27,721 0.93 25.8K 146,196
2023-02-13 DiBiase Mary Officer S-Sale D Common Stock 4,348 0.93 4.0K 170,906
2022-11-07 Taveras Arthur Officer A-Award A Stock Appreciation Right 1,000,000 0.00 1,000,000
2022-11-07 Ragan Paula Officer A-Award A Stock Appreciation Right 3,438,335 0.00 3,438,335
2022-11-07 Mostafa Adam S. Officer A-Award A Stock Appreciation Right 1,350,000 0.00 1,350,000
2022-11-07 DiBiase Mary Officer A-Award A Stock Appreciation Right 1,350,000 0.00 1,350,000
2022-11-03 Baldry Mark Officer A-Award A Stock Option (right to buy) 341,000 1.89 644.5K 341,000
2022-08-17 Ragan Paula Officer S-Sale D Common Stock 13,448 0.00 634,910
2022-08-17 Mostafa Adam S. Officer S-Sale D Common Stock 10,834 0.00 173,917
2022-08-17 Meisner Derek M Officer S-Sale D Common Stock 8,334 0.00 145,155
2022-08-17 DiBiase Mary Officer S-Sale D Common Stock 1,713 0.00 177,896
2022-06-30 Mostafa Adam S. Officer S-Sale D Common Stock 2,641 0.00 184,751
2022-06-30 DiBiase Mary Officer S-Sale D Common Stock 1,578 0.00 179,609
2022-06-24 Ragan Paula Officer S-Sale D Common Stock 6,724 0.00 648,358
2022-06-24 Mostafa Adam S. Officer S-Sale D Common Stock 5,416 0.00 187,392
2022-06-24 Meisner Derek M Officer S-Sale D Common Stock 4,166 0.00 153,489
2022-06-24 DiBiase Mary Officer S-Sale D Common Stock 856 0.00 181,187
2022-06-16 Ragan Paula Officer S-Sale D Common Stock 6,724 0.00 655,082
2022-06-16 Mostafa Adam S. Officer S-Sale D Common Stock 5,416 0.00 192,808
2022-06-16 Meisner Derek M Officer S-Sale D Common Stock 4,166 0.00 157,655
2022-06-16 DiBiase Mary Officer S-Sale D Common Stock 856 0.00 182,043
2022-06-06 de Craecker Francoise Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 WYZGA MICHAEL S Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 Stewart Murray Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 MCGIRR DAVID W J Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 Lawton Alison Frances Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 Bridger Gary Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-06 Aliski William Director A-Award A Common Stock 6,667 0.00 6,667
2022-06-03 Ragan Paula Officer S-Sale D Common Stock 6,292 1.21 7.6K 661,806
2022-03-01 Taveras Arthur Officer A-Award A Common Stock 97,000 0.00 104,107
2022-03-01 Ragan Paula Officer A-Award A Common Stock 220,789 0.00 668,098
2022-03-01 Mostafa Adam S. Officer A-Award A Common Stock 105,000 0.00 198,224
2022-03-01 Meisner Derek M Officer A-Award A Common Stock 105,000 0.00 161,821
2022-03-01 DiBiase Mary Officer A-Award A Common Stock 105,000 0.00 182,899
2022-03-01 Cadavid Diego Officer A-Award A Common Stock 97,000 0.00 104,107
2022-02-11 Taveras Arthur Officer F-InKind D Common Stock 928 0.00 7,107
2022-02-11 Ragan Paula Director / Officer S-Sale D Common Stock 21,695 1.52 33.0K 447,309
2022-02-11 Mostafa Adam S. Officer S-Sale D Common Stock 27,721 1.52 42.1K 93,224
2022-02-11 Meisner Derek M Officer S-Sale D Common Stock 15,909 1.53 24.3K 56,821
2022-02-11 DiBiase Mary Officer S-Sale D Common Stock 12,545 1.52 19.1K 77,899
2022-02-11 Cadavid Diego Officer S-Sale D Common Stock 928 1.53 1.4K 7,107
2021-10-14 de Craecker Francoise Director A-Award A Stock Option (right to buy) 12,250 5.37 65.8K 12,250
2021-09-08 DiBiase Mary Officer A-Award A Common Stock 27,000 0.00 90,444
2021-08-17 Ragan Paula Director / Officer S-Sale D Common Stock 13,448 5.10 68.6K 469,004
2021-08-17 Mostafa Adam S. Officer S-Sale D Common Stock 10,832 5.10 55.2K 120,945
2021-08-17 Meisner Derek M Officer S-Sale D Common Stock 8,332 5.10 42.5K 72,730
2021-07-15 Ragan Paula Director / Officer S-Sale D Common Stock 13,448 5.78 77.7K 482,452
2021-06-30 Mostafa Adam S. Officer S-Sale D Common Stock 2,641 6.64 17.5K 131,777
2021-06-24 Mostafa Adam S. Officer S-Sale D Common Stock 5,417 7.01 38.0K 134,418
2021-06-24 Meisner Derek M Officer S-Sale D Common Stock 4,166 7.00 29.2K 81,062
2021-06-23 Ragan Paula Director / Officer A-Award A Common Stock 44,826 0.00 495,900
2021-06-23 Mostafa Adam S. Officer A-Award A Common Stock 16,250 0.00 139,835
2021-06-23 Meisner Derek M Officer A-Award A Common Stock 12,500 0.00 85,228
2021-06-15 Ragan Paula Director / Officer A-Award A Common Stock 44,826 0.00 451,074
2021-06-15 Mostafa Adam S. Officer A-Award A Common Stock 16,250 0.00 129,002
2021-06-15 Meisner Derek M Officer A-Award A Common Stock 12,500 0.00 76,894
2021-06-02 WYZGA MICHAEL S Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Stewart Murray Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Russo Rene Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Ragan Paula Director / Officer S-Sale D Common Stock 2,400 9.50 22.8K 406,248
2021-06-02 MCGIRR DAVID W J Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Lawton Alison Frances Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Bridger Gary Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-02 Aliski William Director A-Award A Stock Option (right to buy) 6,000 9.50 57.0K 6,000
2021-06-01 Ragan Paula Officer S-Sale D Common Stock 4,104 9.41 38.6K 408,648
2021-05-03 Ragan Paula Officer S-Sale D Common Stock 2,400 8.33 20.0K 412,752
2021-04-05 Ragan Paula Director / Officer S-Sale D Common Stock 2,400 9.17 22.0K 415,152
2021-03-24 Taveras Arthur Officer A-Award A Common Stock 8,035 0.00 8,035
2021-03-24 Ragan Paula Director / Officer A-Award A Common Stock 144,629 0.00 417,552
2021-03-24 Mostafa Adam S. Officer A-Award A Common Stock 83,163 0.00 112,752
2021-03-24 Meisner Derek M Officer A-Award A Common Stock 47,728 0.00 64,394
2021-03-24 Cadavid Diego Officer A-Award A Common Stock 8,035 0.00 8,035
2021-03-02 Ragan Paula Director / Officer S-Sale D Common Stock 2,400 9.74 23.4K 272,923
2021-02-02 Ragan Paula Director / Officer S-Sale D Common Stock 2,400 7.88 18.9K 275,323
2021-01-05 Ragan Paula Director / Officer S-Sale D Common Stock 2,400 7.00 16.8K 277,723
2020-12-31 Cadavid Diego Officer A-Award A Stock Option (right to buy) 121,500 6.43 781.2K 121,500
2020-12-23 Ragan Paula Director / Officer S-Sale D Common Stock 4,800 7.00 33.6K 280,123
2020-12-14 Cadavid Diego Officer 0 0.00 0
2020-11-30 Taveras Arthur Officer A-Award A Stock Option (right to buy) 121,150 6.60 799.6K 121,150
2020-11-02 Taveras Arthur Officer 0 0.00 0
2020-10-20 Stewart Murray Director A-Award A Stock Option (right to buy) 10,000 7.27 72.7K 10,000
2020-10-05 Ragan Paula Director / Officer S-Sale D Common Stock 1,797 7.00 12.6K 284,923
2020-10-05 Lawton Alison Frances Director A-Award A Stock Option (right to buy) 6,854 7.33 50.2K 6,854
2020-10-05 Bridger Gary Director A-Award A Stock Option (right to buy) 30,000 7.33 219.9K 30,000
2020-10-02 Ragan Paula Director / Officer S-Sale D Common Stock 603 7.00 4.2K 286,720
2020-09-21 Mostafa Adam S. Officer S-Sale D Common Stock 10,834 7.08 76.7K 29,589
2020-09-09 Skerlj Renato Officer S-Sale D Common Stock 5,834 8.05 47.0K 42,076

Executive team

Top executives
EBIT / Employee
-6.1K
Shares Outstanding
11.41M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Adam R. Craig, M.D., Ph.D., M.B.A. Executive Chairman 179.6K 6.41M 114.5K 139.00 6.71M 95.61%
2 2025 John Volpone, M.B.A., President and Chief Operating Officer 176.5K 6.41M 75.0K 5.0K 6.67M 96.15%
3 2025 David Kirske, Chief Financial Officer, Treasurer and Corporate Secretary 194.2K 120.0K 4.18M 103.1K 901.00 4.60M 90.91%
4 2025 Paula Ragan, Ph.D. Former President and Chief Executive Officer 420.2K 1.08M 1.14M 2.64M 40.96%
5 2024 Paula Ragan, Ph.D. President and Chief Executive Officer 654.2K 313.0K 857.7K 305.8K 14.4K 2.15M 54.57%
6 2024 Paula Ragan, Ph.D. Former President and Chief Executive Officer 654.2K 313.0K 857.7K 305.8K 14.4K 2.15M 54.57%
7 2024 Adam S. Mostafa Chief Financial Officer, Treasurer and Secretary 510.0K 102.0K 137.7K 377.4K 179.5K 619.00 1.31M 39.40%
8 2024 Mark Baldry, Chief Commercial Officer 475.0K 137.7K 377.4K 167.2K 14.4K 1.17M 43.96%
9 2023 Paula Ragan, Ph.D. President and Chief Executive Officer 620.1K 1.04M 375.1K 13.8K 2.04M 50.66%
10 2023 Christophe Arbet-Engels, Ph.D M.D. Chief Medical Officer 179.6K 200.0K 1.26M 205.00 1.64M 76.80%
11 2023 Adam S. Mostafa Chief Financial Officer, Treasurer and Secretary 486.2K 452.1K 214.0K 592.00 1.15M 39.21%
12 2022 Paula Ragan, Ph.D. President and Chief Executive Officer 583.5K 58.8K 476.9K 2.43M 308.6K 12.8K 3.87M 75.12%
13 2022 Adam S. Mostafa Chief Financial Officer, Treasurer and Secretary 459.0K 46.1K 226.8K 954.9K 193.6K 569.00 1.88M 62.83%
14 2022 Mary DiBiase Chief Operating Officer 426.3K 42.8K 226.8K 954.9K 179.7K 12.8K 1.84M 64.11%
15 2021 Paula Ragan, Ph.D. President and Chief Executive Officer 562.1K 1.26M 309.3K 11.6K 2.14M 58.76%
16 2021 Adam S. Mostafa Chief Financial Officer, Treasurer and Secretary 430.2K 723.5K 185.2K 1.34M 54.04%
17 2021 Derek Meisner Chief Legal Officer and Corporate Secretary 428.2K 415.2K 184.3K 11.5K 1.04M 39.95%
18 2020 Paula Ragan, Ph.D. President, Chief Executive Officer, Corporate Secretary and Director 543.4K 1.69M 271.7K 8.2K 2.51M 67.25%
19 2020 Paula Ragan, Ph.D. President and Chief Executive Officer 543.4K 1.69M 271.7K 7.6K 2.51M 67.27%
20 2020 Adam S. Mostafa Chief Financial Officer and Treasurer 400.0K 613.0K 163.6K 1.18M 52.10%
21 2020 Derek Meisner General Counsel 400.0K 67.5K 471.5K 162.4K 12.0K 1.11M 42.35%
22 2020 Derek Meisner Chief Legal Officer and Corporate Secretary 400.0K 67.5K 471.5K 162.4K 11.4K 1.11M 42.37%
23 2019 Paula Ragan, Ph.D. President, Chief Executive Officer, Corporate Secretary and Director 492.3K 824.9K 893.5K 286.0K 1.2K 2.50M 68.80%
24 2019 Michael Gray, M.B.A., C.P.A. Former President, Chief Executive Officer and Chief Financial Officer 91.3K 1.05M 1.14M 0.00%
25 2019 E. Lynne Kelley, M.D., FACS Former Chief Medical Officer 281.0K 566.4K 121.0K 1.6K 970.0K 58.39%
26 2019 Adam S. Mostafa Chief Financial Officer and Treasurer 372.3K 155.8K 168.8K 168.3K 1.0K 866.2K 37.47%
27 2018 René Russo, Pharm.D., BCPS Former President and Chief Executive Officer 405.9K 1.91M 1.05M 3.36M 56.77%
28 2018 Michael Gray, M.B.A., C.P.A. Former President, Chief Executive Officer and Chief Financial Officer 405.2K 181.1K 1.03M 1.31M 2.93M 79.97%
29 2018 Michael Gray, M.B.A., C.P.A. Former President, Chief Executive Officer and Chief Financial Officer 405.2K 181.1K 1.03M 1.31M 2.93M 79.97%
30 2018 Christopher Stevens, M.D. Former Chief Medical Officer 380.0K 595.9K 329.3K 1.31M 45.65%
31 2018 David Mantus, Ph.D. Former Chief Development Officer 358.8K 595.9K 120.3K 1.07M 55.44%
32 2018 Paula Ragan, Ph.D. President, Chief Executive Officer, Corporate Secretary and Director 380.0K 407.6K 133.0K 450.00 921.0K 44.25%
33 2018 Paula Ragan, Ph.D. President, Chief Executive Officer and Secretary 380.0K 407.6K 133.0K 450.00 921.0K 44.25%
34 2018 Adam S. Mostafa Chief Financial Officer and Treasurer 109.3K 480.8K 38.3K 90.00 628.4K 76.51%
35 2017 René Russo, Pharm.D., BCPS President and Chief Executive Officer 388.8K 254.1K 524.2K 1.17M 44.92%
36 2017 René Russo, Pharm.D., BCPS Former President and Chief Executive Officer 388.8K 254.1K 524.2K 1.17M 44.92%
37 2017 Michael Gray, M.B.A., C.P.A. Former President, Chief Executive Officer and Chief Financial Officer 363.1K 231.5K 262.1K 856.7K 30.59%
38 2017 Michael Gray, M.B.A., C.P.A. Chief Operating Officer and Chief Financial Officer 363.1K 231.5K 262.1K 856.7K 30.59%
39 2017 Paula Ragan, Ph.D. President, Chief Executive Officer and Secretary 364.0K 303.4K 89.2K 576.00 757.2K 40.07%
40 2017 Chris Stevens, M.D. Chief Medical Officer 380.0K 159.6K 117.9K 657.5K 17.94%
41 2017 Christopher Stevens, M.D. Former Chief Medical Officer 380.0K 159.6K 117.9K 657.5K 17.94%
42 2017 David Mantus, Ph.D. Former Chief Development Officer 313.8K 117.9K 431.7K 27.32%
43 2016 René Russo, Pharm.D., BCPS President and Chief Executive Officer 380.0K 116.5K 292.3K 788.8K 37.06%
44 2016 Michael Gray, M.B.A., C.P.A. Chief Operating Officer and Chief Financial Officer 292.5K 181.9K 312.9K 787.2K 39.75%
45 2016 Chris Stevens, M.D. Chief Medical Officer 221.8K 153.2K 162.8K 176.9K 714.7K 22.78%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-03-20 DEFA14A
2026-03-20 DEF 14A
2025-04-25 DEFA14A
2025-04-25 DEF 14A
2025-03-24 DEF 14A
2025-03-14 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-06 S-3
2026-05-06 10-Q
2026-03-20 DEFA14A
2026-03-20 DEF 14A
2026-03-20 ARS
2026-03-18 S-8
2026-03-17 10-K
2026-03-06 SC 13G/A
2026-02-17 SC 13G/A
2026-02-17 SC 13G/A

Executive team

NameTitleCompensationGender
David H. Kirske Chief Financial Officer, Treasurer & Corporate Secretary 722.3K male
Adam R. Craig Executive Chair 575.5K
John Volpone President & Chief Operating Officer 533.0K male
Brian Bowersox Vice President of Finance & Corporate Controller male
Keith T. Flaherty Founder & Member of Corporate Advisory Board
Renato T. Skerlj Founder
Richard Peters Founder
ESG Rating
B
BIOTECHNOLOGY
2026
E (Environmental)
69.4 / 56.3
Company / Sector avg.
S (Social)
64.4 / 62.4
Company / Sector avg.
G (Governance)
66.9 / 60.9
Company / Sector avg.
ESG Total
66.9 / 59.9
Company / Sector avg.
ESG Score History BIOTECHNOLOGY
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits