INDV Indivior Pharmaceuticals, Inc. - Common Stock
$39.61
Price · Aug 19, 2026
Fundamentals as of Aug 3, 2026
52W Range
$22–$43
84% of range
Analyst Rating
BUY
12 analysts
Price Target
$49
+24% upside
P/E (TTM)
21.9
ROE
-118.3%
Net Profit Margin
17.0%
INDV Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$39.61
Market Cap
—
P/E (TTM)
21.9
EPS (TTM)
$1.64
Revenue (TTM)
$1.24B
Div Yield
—
ROE
-118.3%
Debt/Equity
-3.3
52W Range
$22 – $43
INDV Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$1.24B
2022-12-31
→
2025-12-31
EPS
$1.64
2022-12-31
→
2025-12-31
Free Cash Flow
$-93M
2024-12-31
→
2025-12-31
Margins
17.0%
2024-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
INDV
Peer Median
P/E (TTM)
21.9
38.7
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
INDV
Peer Median
Gross Margin
80.2%
82.0%
Operating Margin
21.1%
—
Net Profit Margin
17.0%
15.3%
ROA
16.7%
-6.4%
ROE
-118.3%
-16.8%
ROIC
104.2%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
INDV
Peer Median
Debt / Equity
-3.3
—
Current Ratio
0.7
12.8
Quick Ratio
0.5
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
INDV
Peer Median
Revenue YoY
4.3%
—
Revenue CAGR 3Y
11.2%
—
EPS YoY
3180.0%
—
Net Income YoY
2900.0%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
INDV
Peer Median
INDV Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
12 analysts
- Strong Buy 4 33.3%
- Buy 7 58.3%
- Hold 1 8.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
4 analysts · 2026-08-14
Median
$50.00
Mean
$49.00
← Below all targets
$39.61
Low
$43.00
High
$53.00
Median target
$50.00
+26.2%
Mean target
$49.00
+23.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.23%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.15 | $0.89 | 0.26% |
| March 31, 2026 | $0.96 | $0.67 | 0.29% |
| Dec. 31, 2025 | $0.82 | $0.69 | 0.13% |
| Sept. 30, 2025 | $0.72 | $0.42 | 0.30% |
| June 30, 2025 | $0.51 | $0.27 | 0.24% |
| March 31, 2025 | $0.41 | $0.24 | 0.17% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| INDV | — | 21.9 | 4.3% | 17.0% | -118.3% | 80.2% |
| AMRX | — | 57.3 | 8.1% | 2.4% | -80.0% | 36.9% |
| LGND | $3.74B | 30.8 | 60.4% | 46.4% | 13.5% | — |
| EWTX | $2.64B | -15.2 | — | — | -30.2% | — |
| MANE | — | — | — | — | 82.6% | — |
| ELVN | $915M | -8.4 | — | — | -21.9% | — |
| AMLX | $1.33B | -7.9 | -77.1% | — | -61.2% | — |
| GPCR | $14.78B | -86.9 | — | — | -12.3% | — |
| OGN | $1.87B | 10.0 | -2.9% | 3.0% | 25.2% | 53.3% |
| MBX | $1.42B | -13.3 | — | — | -29.6% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $1.24B | $1.19B | $1.09B | $901M | |
| Cost of Revenue | $246M | $231M | $174M | $151M | |
| Gross Profit | $994M | $957M | $919M | $749M | |
| SG&A Expense | $634M | $612M | $565M | $466M | |
| Operating Expenses | · | $919M | $1.07B | $827M | |
| Operating Income | $262M | $38M | $-152M | $-77M | |
| Interest Income | $22M | $23M | $43M | $19M | |
| Pretax Income | $239M | $20M | $-145M | $-86M | |
| Income Tax | $29M | $13M | $-19M | $-43M | |
| Net Income | $210M | $7M | $-126M | $-42M | |
| EPS (Basic) | $1.68 | $0.05 | $-0.92 | $-0.30 | |
| EPS (Diluted) | $1.64 | $0.05 | $-0.92 | $-0.30 | |
| Shares (Basic) | 125,000,000 | 132,000,000 | 137,000,000 | 139,000,000 | |
| Shares (Diluted) | 128,000,000 | 133,000,000 | 137,000,000 | 139,000,000 | |
| EBITDA | $272M | $61M | · | · |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Cash & Equivalents | $195M | $319M | $316M | · | |
| Short-term Investments | $0 | $1M | $94M | · | |
| Receivables | $253M | $254M | $254M | · | |
| Inventory | $153M | $167M | $126M | · | |
| Prepaid Expense | $34M | $31M | $52M | · | |
| Other Current Assets | $16M | $21M | · | · | |
| Current Assets | $652M | $827M | $1.26B | · | |
| PP&E (Net) | $144M | $100M | $84M | · | |
| PP&E (Gross) | $251M | $190M | $165M | · | |
| Accum. Depreciation | $107M | $90M | $81M | · | |
| Goodwill | $2M | $2M | $5M | · | |
| Other Non-current Assets | $27M | $39M | $36M | · | |
| Total Assets | $1.20B | $1.32B | $1.76B | · | |
| Accounts Payable | $48M | $63M | $39M | · | |
| Current Liabilities | $914M | $924M | $1.28B | · | |
| Capital Leases | $22M | $32M | $34M | · | |
| Other Non-current Liabilities | $21M | $18M | $31M | · | |
| Total Liabilities | $1.30B | $1.65B | $1.94B | · | |
| Long-term Debt | $319M | $333M | $240M | · | |
| Total Debt | $319M | $333M | · | · | |
| Common Stock | $62M | $62M | $68M | · | |
| Paid-in Capital | $112M | $90M | $88M | · | |
| Retained Earnings | $-243M | $-443M | $-288M | · | |
| AOCI | $-30M | $-36M | $-30M | · | |
| Stockholders' Equity | $-98M | $-337M | $-184M | $-15M | |
| Liabilities + Equity | $1.20B | $1.32B | $1.76B | · |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| D&A | $10M | $16M | $15M | $16M | |
| Stock-based Comp | $26M | $24M | $21M | $16M | |
| Deferred Tax | $-46M | $7M | $-64M | $-104M | |
| Other Non-cash | $-227M | $-25M | · | · | |
| Operating Cash Flow | $-27M | $36M | $-300M | $-4M | |
| CapEx | $66M | $29M | $8M | $5M | |
| Investing Cash Flow | $-66M | $69M | $-95M | $-222M | |
| Debt Issued | $0 | $332M | $0 | $0 | |
| Net Debt Issued | $-17M | $92M | · | · | |
| Stock Issued | $2M | $3M | $3M | $2M | |
| Stock Repurchased | $11M | $173M | $33M | $90M | |
| Net Stock Activity | $-9M | $-170M | · | · | |
| Financing Cash Flow | $-30M | $-102M | $-64M | $-101M | |
| Taxes Paid | $38M | $46M | $32M | $57M | |
| Free Cash Flow | $-93M | $7M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Gross Margin | 80.2% | 80.6% | · | · | |
| Operating Margin | 21.1% | 2.7% | · | · | |
| Net Margin | 17.0% | 0.17% | · | · | |
| Pretax Margin | 19.3% | 1.2% | · | · | |
| EBITDA Margin | 21.9% | 5.1% | · | · | |
| ROA | 16.7% | 0.13% | · | · | |
| ROE | -118.3% | -0.61% | · | · | |
| ROIC | 104.2% | -45.7% | · | · |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Current Ratio | 0.7 | 0.9 | · | · | |
| Quick Ratio | 0.5 | 0.6 | · | · | |
| Debt / Equity | -3.3 | -1.0 | · | · | |
| LT Debt / Equity | -3.0 | -0.9 | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Asset Turnover | 1.0 | 0.8 | · | · | |
| Inventory Turnover | 1.5 | 1.5 | · | · | |
| Receivables Turnover | 4.9 | 4.7 | · | · |
Growth Rates 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue YoY | 4.3% | 8.7% | 21.3% | · | |
| Revenue CAGR 3Y | 11.2% | · | · | · | |
| EPS YoY | 3180.0% | · | · | · | |
| Net Income YoY | 2900.0% | · | · | · |
Valuation (TTM) 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue TTM | $1.24B | $1.19B | · | · | |
| Net Income TTM | $210M | $7M | · | · | |
| P/E | 21.9 | 248.6 | · | · | |
| Earnings Yield | 4.6% | 0.40% | · | · |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $343M | $317M | $357M | $314M | $302M | $266M | $298M | $307M | $299M | $284M | |
| Cost of Revenue | $50M | $40M | $67M | $83M | $52M | $44M | $48M | $66M | $79M | $38M | |
| Gross Profit | $294M | $277M | $293M | $230M | $250M | $221M | $250M | $241M | $220M | $246M | |
| SG&A Expense | $122M | $124M | $189M | $155M | $158M | $133M | $175M | $142M | $152M | $143M | |
| Operating Expenses | $134M | $139M | · | $187M | $179M | $156M | $205M | $206M | $338M | $171M | |
| Operating Income | $160M | $137M | $81M | $43M | $72M | $66M | $46M | $35M | $-118M | $75M | |
| Interest Income | $3M | $3M | $6M | $6M | $6M | $4M | $5M | $5M | $6M | $7M | |
| Pretax Income | $160M | $115M | $81M | $37M | $62M | $59M | $38M | $30M | $-121M | $73M | |
| Income Tax | $38M | $26M | $-21M | $-5M | $44M | $11M | $17M | $8M | $-23M | $11M | |
| Net Income | $122M | $89M | $103M | $42M | $18M | $47M | $21M | $22M | $-97M | $61M | |
| EPS (Basic) | $1.02 | $0.71 | $0.81 | $0.34 | $0.15 | $0.38 | $0.16 | $0.16 | $-0.72 | $0.45 | |
| EPS (Diluted) | $0.98 | $0.69 | $0.79 | $0.33 | $0.14 | $0.38 | $0.16 | $0.16 | $-0.72 | $0.45 | |
| Shares (Basic) | 119,000,000 | 124,000,000 | -249,000,000 | 125,000,000 | 125,000,000 | 124,000,000 | -271,000,000 | 132,000,000 | 135,000,000 | 136,000,000 | |
| Shares (Diluted) | 124,000,000 | 129,000,000 | -252,000,000 | 129,000,000 | 126,000,000 | 125,000,000 | -272,000,000 | 133,000,000 | 135,000,000 | 137,000,000 | |
| EBITDA | $160M | $139M | · | $43M | $72M | $71M | · | · | · | · |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $222M | $175M | $195M | $445M | $510M | $372M | $319M | · | · | · | |
| Short-term Investments | · | · | $0 | $0 | $0 | $1M | $1M | · | · | · | |
| Receivables | $271M | $273M | $253M | $259M | $240M | $243M | $254M | · | · | · | |
| Inventory | $150M | $152M | $153M | $155M | $149M | $163M | $167M | · | · | · | |
| Prepaid Expense | $14M | $15M | $34M | $30M | $28M | $56M | $31M | · | · | · | |
| Other Current Assets | $54M | $40M | $16M | $19M | $20M | $20M | $21M | · | · | · | |
| Current Assets | $725M | $667M | $652M | $922M | $951M | $883M | $827M | · | · | · | |
| PP&E (Net) | $162M | $157M | $144M | $124M | $117M | $104M | $100M | · | · | · | |
| PP&E (Gross) | $230M | $268M | $251M | $230M | $210M | $197M | $190M | · | · | · | |
| Accum. Depreciation | $68M | $111M | $107M | $106M | $93M | $92M | $90M | · | · | · | |
| Goodwill | · | · | $2M | · | · | · | $2M | · | · | · | |
| Other Non-current Assets | $24M | $26M | $27M | $27M | $44M | $39M | $39M | · | · | · | |
| Total Assets | $1.23B | $1.20B | $1.20B | $1.42B | $1.45B | $1.38B | $1.32B | · | · | · | |
| Accounts Payable | $30M | $35M | $48M | $41M | $50M | $46M | $63M | · | · | · | |
| Current Liabilities | $868M | $779M | $914M | $965M | $1.06B | $1.00B | $924M | · | · | · | |
| Capital Leases | $13M | $14M | $22M | $24M | $29M | $30M | $32M | · | · | · | |
| Other Non-current Liabilities | $31M | $21M | $21M | $30M | $18M | $17M | $18M | · | · | · | |
| Total Liabilities | $1.44B | $1.34B | $1.30B | $1.62B | $1.71B | $1.66B | $1.65B | · | · | · | |
| Long-term Debt | $487M | $486M | $319M | $322M | $326M | $329M | $333M | · | · | · | |
| Total Debt | $487M | $486M | · | $322M | $326M | $329M | · | · | · | · | |
| Common Stock | $0 | $0 | $62M | $62M | $62M | $62M | $62M | · | · | · | |
| Paid-in Capital | $155M | $165M | $112M | $109M | $101M | $93M | $90M | · | · | · | |
| Retained Earnings | $-334M | $-280M | $-243M | $-346M | $-388M | $-406M | $-443M | · | · | · | |
| AOCI | $-28M | $-29M | $-30M | $-32M | $-33M | $-35M | $-36M | · | · | · | |
| Stockholders' Equity | $-208M | $-144M | $-98M | $-207M | $-257M | $-285M | $-337M | · | · | · | |
| Liabilities + Equity | $1.23B | $1.20B | $1.20B | $1.42B | $1.45B | $1.38B | $1.32B | · | · | · |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $2M | $2M | $2M | $3M | $0 | $3M | $5M | $4M | $2M | $5M | |
| Stock-based Comp | $11M | $9M | $5M | $7M | $8M | $6M | $6M | $6M | $6M | $6M | |
| Deferred Tax | $25M | $27M | $-38M | $-15M | $9M | $-2M | $37M | $-6M | $-27M | $3M | |
| Other Non-cash | · | $-136M | · | · | · | $19M | · | · | · | · | |
| Operating Cash Flow | $229M | $-9M | $-221M | $-39M | $158M | $75M | $-17M | $2M | $88M | $-37M | |
| CapEx | $7M | $20M | $24M | $20M | $17M | $5M | $16M | $7M | $4M | $2M | |
| Investing Cash Flow | $-8M | $-19M | $-24M | $-20M | $-17M | $-5M | $8M | $35M | $1M | $25M | |
| Debt Issued | $0 | $489M | · | · | $0 | $0 | · | · | · | · | |
| Net Debt Issued | · | $156M | · | · | · | $-4M | · | · | · | · | |
| Stock Issued | $0 | $0 | $0 | $1M | $0 | $1M | $0 | $1M | $0 | $2M | |
| Stock Repurchased | $176M | $125M | $0 | $0 | $0 | $11M | $50M | $52M | $35M | $36M | |
| Net Stock Activity | · | $-126M | · | · | · | $-10M | · | · | · | · | |
| Financing Cash Flow | $-173M | $7M | $-5M | $-3M | $-5M | $-17M | $40M | $-51M | $-35M | $-56M | |
| Net Change in Cash | · | · | · | · | · | $53M | · | · | · | $-68M | |
| Free Cash Flow | · | $-29M | · | · | · | $70M | · | · | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.7% | 87.4% | · | 73.2% | 82.8% | 83.1% | · | · | · | · | |
| Operating Margin | 46.7% | 43.2% | · | 13.7% | 23.8% | 24.8% | · | · | · | · | |
| Net Margin | 35.6% | 28.1% | · | 13.4% | 6.0% | 17.7% | · | · | · | · | |
| Pretax Margin | 46.7% | 36.3% | · | 11.8% | 20.5% | 22.2% | · | · | · | · | |
| EBITDA Margin | 46.7% | 43.9% | · | 13.7% | 23.8% | 26.7% | · | · | · | · | |
| ROA | 9.1% | 6.9% | · | 5.9% | 2.5% | 6.8% | · | · | · | · | |
| ROE | -52.5% | -41.5% | · | -40.6% | -14.0% | -33.0% | · | · | · | · | |
| ROIC | 43.7% | 31.0% | · | 42.4% | 30.3% | 122.0% | · | · | · | · |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 0.9 | · | 1.0 | 0.9 | 0.9 | · | · | · | · | |
| Quick Ratio | 0.6 | 0.6 | · | 0.7 | 0.7 | 0.6 | · | · | · | · | |
| Debt / Equity | -2.3 | -3.4 | · | -1.6 | -1.3 | -1.2 | · | · | · | · | |
| LT Debt / Equity | -2.3 | -3.4 | · | -1.5 | -1.2 | -1.1 | · | · | · | · |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | · | 0.4 | 0.4 | 0.4 | · | · | · | · | |
| Inventory Turnover | 0.3 | 0.3 | · | 1.1 | 0.7 | 0.5 | · | · | · | · | |
| Receivables Turnover | 1.3 | 1.2 | · | 2.4 | 2.5 | 2.2 | · | · | · | · |
Valuation (TTM) 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.28B | $1.20B | · | $1.19B | $1.17B | $1.16B | · | · | · | · | |
| Net Income TTM | $271M | $196M | · | $128M | $108M | $-7M | · | · | · | · | |
| P/E | 19.2 | 19.8 | · | 23.9 | -368.5 | 35.3 | · | · | · | · | |
| Earnings Yield | 5.2% | 5.1% | · | 4.2% | -0.27% | 2.8% | · | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue | $1.24B | $1.19B | $1.09B | $901M |
| Gross Margin % | 80.2% | 80.6% | — | — |
| Operating Margin % | 21.1% | 2.7% | — | — |
| Net Income | $210M | $7M | $-126M | $-42M |
| Diluted EPS | $1.64 | $0.05 | $-0.92 | $-0.30 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Debt / Equity | -3.3 | -1.0 | — | — |
| Current Ratio | 0.7 | 0.9 | — | — |
| Quick Ratio | 0.5 | 0.6 | — | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Free Cash Flow | $-93M | $7M | — | — |
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 346 filers · $3.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 93 | 36 | 113 | 97 | — |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair. Change vs prior quarter not shown: filer coverage differs too much between these two quarters for a reliable comparison.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $310,690,936 | 7,572,287 | 8.48% | Shares |
| OAKTREE CAPITAL MANAGEMENT LP | $251,399,508 | 6,127,212 | 6.86% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $225,479,791 | 5,495,486 | 6.15% | Shares |
| STATE STREET CORP | $204,824,673 | 4,992,071 | 5.59% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $189,386,924 | 4,615,816 | 5.17% | Shares |
| VANGUARD GROUP INC | $163,713,838 | 4,562,816 | 4.47% | Shares |
| Two Seas Capital LP | $142,763,598 | 3,479,493 | 3.90% | Shares |
| MORGAN STANLEY | $125,819,439 | 3,066,523 | 3.43% | Shares |
| Madison Avenue Partners, LP | $117,935,319 | 2,874,368 | 3.22% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $111,307,118 | 2,712,188 | 3.04% | Shares |
| MANGROVE PARTNERS IM, LLC | $109,826,232 | 2,676,730 | 3.00% | Shares |
| Driehaus Capital Management LLC | $94,330,186 | 2,299,054 | 2.57% | Shares |
| CITADEL ADVISORS LLC | $89,486,676 | 2,181,006 | 2.44% | Shares |
| MILLENNIUM MANAGEMENT LLC | $86,119,713 | 2,098,945 | 2.35% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $71,300,293 | 1,737,760 | 1.95% | Shares |
| DEERFIELD MANAGEMENT COMPANY, L.P. | $67,654,162 | 1,648,895 | 1.85% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $67,374,789 | 1,642,086 | 1.84% | Shares |
| Assenagon Asset Management S.A. | $63,224,276 | 1,540,928 | 1.73% | Shares |
| JANE STREET GROUP, LLC | $55,665,401 | 1,356,700 | 1.52% | Call option |
| Newtyn Management, LLC | $53,576,769 | 1,305,795 | 1.46% | Shares |
| Point72 Asset Management, L.P. | $51,313,718 | 1,250,639 | 1.40% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $50,245,707 | 1,224,609 | 1.37% | Shares |
| Soleus Capital Management, L.P. | $43,655,920 | 1,064,000 | 1.19% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $42,720,067 | 1,041,191 | 1.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $37,226,519 | 907,300 | 1.02% | Call option |
| VANGUARD FIDUCIARY TRUST CO | $35,436,298 | 863,668 | 0.97% | Shares |
| BARCLAYS PLC | $32,068,721 | 781,592 | 0.88% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $31,970,084 | 779,188 | 0.87% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $28,675,867 | 698,900 | 0.78% | Shares |
| CITIGROUP INC | $26,080,022 | 635,633 | 0.71% | Shares |
| GENDELL JEFFREY L | $25,984,094 | 633,295 | 0.71% | Shares |
| Divisadero Street Capital Management, LP | $24,694,439 | 601,863 | 0.67% | Shares |
| Melqart Asset Management (UK) Ltd | $24,029,794 | 585,664 | 0.66% | Shares |
| DANSKE BANK A/S | $23,693,881 | 577,477 | 0.65% | Shares |
| UBS Group AG | $20,515,000 | 500,000 | 0.56% | Put option |
| Public Sector Pension Investment Board | $17,186,564 | 418,878 | 0.47% | Shares |
| Bank of New York Mellon Corp | $16,784,922 | 409,089 | 0.46% | Shares |
| Alta Fundamental Advisers LLC | $16,597,825 | 404,529 | 0.45% | Shares |
| FMR LLC | $16,499,558 | 402,134 | 0.45% | Shares |
| PFM Health Sciences, LP | $16,461,564 | 401,208 | 0.45% | Shares |
| AMERIPRISE FINANCIAL INC | $15,635,548 | 381,076 | 0.43% | Shares |
| Parkman Healthcare Partners LLC | $14,945,957 | 364,269 | 0.41% | Shares |
| GOLDMAN SACHS GROUP INC | $14,290,380 | 348,291 | 0.39% | Shares |
| Qube Research & Technologies Ltd | $14,196,954 | 346,014 | 0.39% | Shares |
| TWO SIGMA INVESTMENTS, LP | $12,801,565 | 312,005 | 0.35% | Shares |
| Pictet Asset Management Holding SA | $11,939,008 | 289,458 | 0.33% | Shares |
| RHUMBLINE ADVISERS | $11,542,901 | 281,329 | 0.31% | Shares |
| AMERICAN CENTURY COMPANIES INC | $10,582,622 | 257,924 | 0.29% | Shares |
| Swedbank AB | $10,216,470 | 249,000 | 0.28% | Shares |
| Rock Springs Capital Management LP | $10,072,865 | 245,500 | 0.27% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,851,303 | 240,100 | 0.27% | Put option |
| PRUDENTIAL FINANCIAL INC | $9,499,922 | 231,536 | 0.26% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $8,757,977 | 213,453 | 0.24% | Shares |
| Cubist Systematic Strategies, LLC | $8,564,945 | 355,245 | 0.23% | Shares |
| Swiss National Bank | $8,531,409 | 207,931 | 0.23% | Shares |
| Legal & General Group Plc | $7,654,557 | 186,560 | 0.21% | Shares |
| California Public Employees Retirement System | $7,489,657 | 182,541 | 0.20% | Shares |
| NAVELLIER & ASSOCIATES INC | $7,133,476 | 173,860 | 0.19% | Shares |
| BANK OF AMERICA CORP /DE/ | $7,080,014 | 172,557 | 0.19% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $7,062,248 | 172,124 | 0.19% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $7,055,026 | 171,948 | 0.19% | Shares |
| BlackRock, Inc. | $5,735,912 | 139,798 | 0.16% | Shares |
| Y-Intercept (Hong Kong) Ltd | $5,609,827 | 136,725 | 0.15% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $5,565,720 | 135,650 | 0.15% | Shares |
| Schonfeld Strategic Advisors LLC | $5,374,190 | 130,982 | 0.15% | Shares |
| Robeco Institutional Asset Management B.V. | $5,256,600 | 128,116 | 0.14% | Shares |
| NFJ INVESTMENT GROUP, LLC | $5,225,129 | 127,349 | 0.14% | Shares |
| OSSIAM | $5,177,945 | 126,199 | 0.14% | Shares |
| NATIXIS | $5,173,883 | 126,100 | 0.14% | Shares |
| Orion Porfolio Solutions, LLC | $5,070,118 | 123,571 | 0.14% | Shares |
| Aquatic Capital Management LLC | $5,014,399 | 122,213 | 0.14% | Shares |
| RITHOLTZ WEALTH MANAGEMENT | $4,977,103 | 121,304 | 0.14% | Shares |
| ALLIANCEBERNSTEIN L.P. | $4,895,088 | 160,600 | 0.13% | Shares |
| CITADEL ADVISORS LLC | $4,821,025 | 117,500 | 0.13% | Call option |
| PDT Partners, LLC | $4,816,019 | 117,378 | 0.13% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $4,423,772 | 107,818 | 0.12% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,197,000 | 102,291 | 0.11% | Shares |
| Stonepine Capital Management, LLC | $4,103,000 | 100,000 | 0.11% | Shares |
| OP Asset Management Ltd | $3,998,209 | 97,446 | 0.11% | Shares |
| D. E. Shaw & Co., Inc. | $3,996,322 | 97,400 | 0.11% | Shares |
| Gotham Asset Management, LLC | $3,891,696 | 94,850 | 0.11% | Shares |
| CLARK ESTATES INC/NY | $3,787,069 | 92,300 | 0.10% | Shares |
| CREDIT AGRICOLE S A | $3,717,318 | 90,600 | 0.10% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $3,510,691 | 85,564 | 0.10% | Shares |
| CITADEL ADVISORS LLC | $3,434,211 | 83,700 | 0.09% | Put option |
| HighTower Advisors, LLC | $3,409,101 | 83,088 | 0.09% | Shares |
| Elo Mutual Pension Insurance Co | $3,323,307 | 80,997 | 0.09% | Shares |
| FLORIDA FINANCIAL ADVISORS, LLC | $3,318,963 | 80,891 | 0.09% | Shares |
| FEDERATED HERMES, INC. | $3,291,919 | 80,232 | 0.09% | Shares |
| Sandro Wealth Management LLC | $3,021,203 | 73,634 | 0.08% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2,975,783 | 72,527 | 0.08% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $2,883,876 | 70,287 | 0.08% | Shares |
| MetLife Investment Management, LLC | $2,869,802 | 69,944 | 0.08% | Shares |
| Campbell & CO Investment Adviser LLC | $2,866,807 | 69,871 | 0.08% | Shares |
| Bridgewater Associates, LP | $2,797,466 | 68,181 | 0.08% | Shares |
| DIADEMA PARTNERS LP | $2,770,017 | 67,512 | 0.08% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,557,810 | 62,340 | 0.07% | Shares |
| Illinois Municipal Retirement Fund | $2,557,072 | 62,322 | 0.07% | Shares |
| Integrated Quantitative Investments LLC | $2,525,602 | 61,555 | 0.07% | Shares |
| JANE STREET GROUP, LLC | $2,494,624 | 60,800 | 0.07% | Put option |
Company insiders 6 insiders · 3 officers · 1 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Joseph Ciaffoni | Chief Executive Officer | June 22, 2026 M | 790,330 | 0 | 0 | $0 |
| Ryan Preblick | Chief Financial Officer | June 8, 2026 S | 284,751 | 0 | 1 | $-1,357,200 |
| Christian Heidbreder | Chief Scientific Officer | July 10, 2026 S | 209,337 | 0 | 2 | $-1,472,011 |
| Woodrow D Anderson | — | Aug. 5, 2026 P | 26,138 | 1 | 0 | $54,420 |
| Stuart A Kingsley | — | May 13, 2026 A | 12,100 | 1 | 0 | $29,948 |
| Daniel A Ninivaggi | — | May 13, 2026 A | 27,163 | 1 | 0 | $27,427 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Oaktree Value Opportunities Fund, L.P., Oaktree London Liquid Value Opportunities Fund (VOF), L.P., Oaktree Phoenix Investment Fund, L.P., Oaktree Capital Management, L.P., Oaktree Fund GP I, L.P., Oaktree Capital Holdings, LLC ×7 filings | Aug. 13, 2026 | 0.76% | Amendment | — | SEC |
| Two Seas Capital LP, Two Seas Capital GP LLC, Sina Toussi ×10 filings | Dec. 23, 2025 | 4.98% | Amendment | — | SEC |
| Two Seas Capital LP (2), Two Seas Capital GP LLC (2), Sina Toussi (2) ×4 filings | Oct. 17, 2024 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 74 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PSCH · Invesco Exchange-Traded Fund Trust … | 2.39% | 105,814 SH | Aug. 8, 2026 | Daily |
| XSMO · Invesco Exchange-Traded Fund Trust | 2.09% | 1,671,989 SH | Aug. 8, 2026 | Daily |
| PILL · Direxion Shares ETF Trust | 1.50% | 5,257 NS | April 30, 2026 | N-PORT |
| SIXS · EXCHANGE TRADED CONCEPTS TRUST | 1.27% | 44,737 NS | May 31, 2026 | N-PORT |
| ROSC · Lattice Strategies Trust | 1.08% | 16,076 NS | April 30, 2026 | N-PORT |
| IHE · iShares Trust | 1.04% | 435,607 SH | Aug. 8, 2026 | Daily |
| RZG · Invesco Exchange-Traded Fund Trust | 1.03% | 36,875 SH | Aug. 8, 2026 | Daily |
| FSCC · Federated Hermes ETF Trust | 0.98% | 75,461 NS | May 31, 2026 | N-PORT |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.55% | 145,122 SH | Aug. 8, 2026 | Daily |
| IJT · iShares Trust | 0.53% | 1,131,546 SH | Aug. 8, 2026 | Daily |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.49% | 25,453 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.48% | 12,992 NS | May 31, 2026 | N-PORT |
| MMSC · First Trust Exchange-Traded Fund VI… | 0.38% | 5,571 NS | May 31, 2026 | N-PORT |
| IBBQ · Invesco Exchange-Traded Fund Trust … | 0.32% | 6,635 SH | Aug. 8, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | 0.29% | 29,098 SH | Aug. 8, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.29% | 18,887 SH | Aug. 8, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.27% | 426,273 SH | Aug. 8, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.26% | 113,838 SH | Aug. 8, 2026 | Daily |
| IJR · iShares Trust | 0.26% | 7,433,641 SH | Aug. 8, 2026 | Daily |
| IWO · iShares Trust | 0.25% | 963,614 SH | Aug. 8, 2026 | Daily |
| BIB · ProShares Trust | 0.23% | 4,624 NS | May 31, 2026 | N-PORT |
| SMMV · iShares Trust | 0.22% | 16,464 SH | Aug. 8, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.21% | 34,029 NS | April 30, 2026 | N-PORT |
| SAA · ProShares Trust | 0.20% | 1,495 NS | May 31, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.18% | 4,014 NS | April 30, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.18% | 35,043 NS | April 30, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.15% | 690,386 SH | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.15% | 40,903 NS | May 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.15% | 3,043,081 SH | Aug. 8, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.14% | 1,615,433 SH | Aug. 8, 2026 | Daily |
| SMDX · Tidal Trust III | 0.14% | 4,640 NS | April 30, 2026 | N-PORT |
| RSSL · Global X Funds | 0.14% | 52,511 NS | April 30, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.13% | 61,992 SH | Aug. 8, 2026 | Daily |
| ITWO · ProShares Trust | 0.11% | 5,708 NS | May 31, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.11% | 8,034 SH | Aug. 8, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.09% | 599,604 NS | May 31, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.09% | 15,293 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.08% | 92,283 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.08% | 15,035 SH | Aug. 8, 2026 | Daily |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.08% | 43,562 SH | Aug. 8, 2026 | Daily |
| ISCB · iShares Trust | 0.07% | 5,188 SH | Aug. 8, 2026 | Daily |
| UWM · ProShares Trust | 0.06% | 4,465 NS | May 31, 2026 | N-PORT |
| FHLC · FIDELITY COVINGTON TRUST | 0.06% | 48,679 NS | April 30, 2026 | N-PORT |
| ESML · iShares Trust | 0.06% | 44,979 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.06% | 1,399,006 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.06% | 2,796,101 SH | Aug. 8, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | 0.06% | 311,407 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.06% | 14,261 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.05% | 4,517 NS | May 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.04% | 11,832 SH | Aug. 8, 2026 | Daily |