ACRV
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
5 more panels on ACRV open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 18, 26 | MILLER MARY Officer |
SELL | 185 | $372 | Direct |
| Aug 18, 26 | GAMELIN ERICK Officer |
SELL | 400 | $804 | Direct |
| Aug 4, 26 | LEVY ADAM D. Chief Financial Officer |
SELL | 1.14K | $1.79K | Direct |
| Jul 21, 26 | MILLER MARY Officer |
SELL | 573 | $1.01K | Direct |
| May 18, 26 | TOMSICEK MICHAEL JOHN Director |
STOCK | 9.37K | $0 | Direct |
| May 18, 26 | MIRZA MANSOOR RAZA Officer |
STOCK | 38.82K | $0 | Direct |
| May 18, 26 | SHACHAM SHARON Director |
STOCK | 9.37K | $0 | Direct |
| May 18, 26 | MAGOVCEVIC-LIEBISCH IVANA Director |
STOCK | 9.37K | $0 | Direct |
| May 18, 26 | RA CAPITAL MANAGEMENT, L.P. Beneficial Owner of more than 10% of a Class of Security |
STOCK | 9.37K | $0 | Indirect |
| May 18, 26 | BAUM CHARLES M Director |
STOCK | 9.37K | $0 | Direct |
| May 18, 26 | DIROCCO DEREK Director |
STOCK | 9.37K | $0 | Direct |
| May 18, 26 | MILLER MARY Officer |
STOCK | 49.83K | $0 | Direct |
| May 18, 26 | DEVROE ERIC Chief Operating Officer |
STOCK | 72.98K | $0 | Direct |
| May 18, 26 | BLUME-JENSEN PETER Chief Executive Officer |
STOCK | 252.80K | $0 | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BLUME-JENSEN PETER |
Chief Executive Officer | — | Stock Award(Grant) |
DEVROE ERIC |
Chief Operating Officer | 146.95K | Stock Award(Grant) |
GAMELIN ERICK |
Officer | 52.59K | Sale |
LEVY ADAM D. |
Chief Financial Officer | 66.01K | Sale |
MILLER MARY |
Officer | 82.01K | Sale |
MIRZA MANSOOR RAZA |
Officer | 38.82K | Stock Award(Grant) |
PALANI SANTHOSH |
Director | 9.37K | Stock Award(Grant) |
PERCEPTIVE ADVISORS, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
PETERSON KATHARINE |
Officer | 18.13K | Stock Award(Grant) |
RA CAPITAL MANAGEMENT, L.P. |
Beneficial Owner of more than 10% of a Class of Security | — | Stock Award(Grant) |
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | — |
| Operating revenue | $0 | $0 | $0 | $0 | — |
| Research & development | $59.99M | $63.99M | $46.02M | $23.95M | -6.3% |
| Selling, general & admin | $24.12M | $25.21M | $21.08M | $8.71M | -4.3% |
| Total operating expense | $84.11M | $89.20M | $67.10M | $32.66M | -5.7% |
| Operating income | -$84.11M | -$89.20M | -$67.10M | -$32.66M | +5.7% |
| Net interest income | $6.48M | $9.20M | $7.04M | — | -29.6% |
| Pre-tax income | -$77.91M | -$80.56M | -$60.39M | -$31.17M | +3.3% |
| Net income | -$77.91M | -$80.56M | -$60.39M | -$31.17M | +3.3% |
| Net income to common | -$77.91M | -$80.56M | -$60.39M | -$31.17M | +3.3% |
| Basic EPS | -2.02 | -2.38 | -2.74 | -7.56 | +15.1% |
| Diluted EPS | -2.02 | -2.38 | -2.74 | -7.56 | +15.1% |
| EBIT | -$84.11M | -$89.20M | -$67.10M | -$32.66M | +5.7% |
| EBITDA | -$82.76M | -$88.19M | -$66.57M | -$32.29M | +6.2% |
| Basic shares | 38.51M | 33.79M | 22.08M | 4.12M | +14.0% |
| Diluted shares | 38.51M | 33.79M | 22.08M | 4.12M | +14.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $41.50M | $39.82M | $36.02M | $29.52M | +4.2% |
| Cash & short-term investments | $118.58M | $179.48M | $127.46M | $127.75M | -33.9% |
| Total current assets | $120.44M | $181.63M | $129.69M | $132.09M | -33.7% |
| Property, plant & equipment | $7.42M | $8.03M | $7.91M | $6.86M | -7.6% |
| Total assets | $129.72M | $196.59M | $138.26M | $181.23M | -34.0% |
| Total current liabilities | $15.66M | $17.21M | $13.30M | $6.52M | -9.0% |
| Total debt | $2.71M | $3.65M | $4.64M | $4.96M | -25.7% |
| Total liabilities | $17.20M | $19.80M | $17.07M | $10.75M | -13.1% |
| Retained earnings | -$274.88M | -$196.98M | -$116.42M | -$56.03M | -39.6% |
| Shareholder equity | $112.52M | $176.79M | $121.19M | $170.47M | -36.4% |
| Working capital | $104.78M | $164.41M | $116.39M | $125.58M | -36.3% |
| Net tangible assets | $112.52M | $176.79M | $121.19M | $170.47M | -36.4% |
| Shares issued | 31.65M | 31.23M | 22.52M | 21.92M | +1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$77.91M | -$80.56M | -$60.39M | -$31.17M | +3.3% |
| Depreciation & amortisation | $1.36M | $1.01M | $536.00K | $364.00K | +34.8% |
| Stock-based compensation | $14.72M | $14.29M | $11.62M | $2.19M | +3.0% |
| Change in working capital | -$2.43M | $2.44M | $8.14M | -$1.53M | -199.5% |
| Operating cash flow | -$63.66M | -$65.67M | -$42.64M | -$30.12M | +3.1% |
| Capital expenditure | -$1.67M | -$2.77M | -$1.29M | -$2.17M | +39.7% |
| Investing cash flow | $66.10M | -$51.77M | $50.72M | -$141.68M | +227.7% |
| Financing cash flow | -$749.00K | $121.03M | -$1.55M | $101.71M | -100.6% |
| Free cash flow | -$65.33M | -$68.44M | -$43.93M | -$32.28M | +4.5% |
| End cash position | $41.70M | $40.02M | $36.43M | $29.91M | +4.2% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Operating revenue | $0 | $0 | $0 | $0 | $0 | — | — |
| Research & development | $15.17M | $14.75M | $13.65M | $16.18M | $15.41M | — | +2.8% |
| Selling, general & admin | $4.74M | $5.37M | $6.04M | $6.47M | $6.25M | — | -11.8% |
| Total operating expense | $19.90M | $20.12M | $19.69M | $22.65M | $21.66M | — | -1.1% |
| Operating income | -$19.90M | -$20.12M | -$19.69M | -$22.65M | -$21.66M | — | +1.1% |
| Net interest income | $989.00K | $1.25M | $1.51M | $1.73M | $2.00M | — | -20.7% |
| Pre-tax income | -$19.04M | -$18.98M | -$18.23M | -$21.01M | -$19.68M | — | -0.3% |
| Net income | -$19.04M | -$18.98M | -$18.23M | -$21.01M | -$19.68M | — | -0.3% |
| Net income to common | -$19.04M | -$18.98M | -$18.23M | -$21.01M | -$19.68M | — | -0.3% |
| Basic EPS | -0.49 | — | -0.47 | -0.55 | -0.51 | -0.60 | — |
| Diluted EPS | -0.49 | — | -0.47 | -0.55 | -0.51 | -0.60 | — |
| EBIT | -$19.90M | -$20.12M | -$19.69M | -$22.65M | -$21.66M | — | +1.1% |
| EBITDA | -$19.52M | -$19.75M | -$19.34M | -$22.31M | -$21.35M | — | +1.2% |
| Basic shares | 38.72M | — | 38.56M | 38.46M | 38.35M | 38.24M | — |
| Diluted shares | 38.72M | — | 38.56M | 38.46M | 38.35M | 38.24M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $34.06M | $41.50M | $35.41M | $41.90M | $39.15M | -17.9% |
| Cash & short-term investments | $97.74M | $118.58M | $129.25M | $137.42M | $149.63M | -17.6% |
| Total current assets | $99.22M | $120.44M | $130.36M | $138.41M | $151.33M | -17.6% |
| Property, plant & equipment | $6.91M | $7.42M | $7.98M | $8.12M | $7.98M | -6.9% |
| Total assets | $107.83M | $129.72M | $145.30M | $158.58M | $176.35M | -16.9% |
| Total current liabilities | $11.05M | $15.66M | $14.89M | $13.43M | $13.55M | -29.4% |
| Total debt | $2.42M | $2.71M | $2.99M | $3.26M | $3.51M | -10.9% |
| Total liabilities | $12.32M | $17.20M | $16.70M | $15.55M | $15.96M | -28.4% |
| Retained earnings | -$293.92M | -$274.88M | -$255.90M | -$237.66M | -$216.66M | -6.9% |
| Shareholder equity | $95.52M | $112.52M | $128.60M | $143.04M | $160.39M | -15.1% |
| Working capital | $88.17M | $104.78M | $115.47M | $124.98M | $137.78M | -15.9% |
| Net tangible assets | $95.52M | $112.52M | $128.60M | $143.04M | $160.39M | -15.1% |
| Shares issued | 38.75M | 31.65M | 31.55M | 31.45M | 31.35M | +22.4% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$19.04M | -$18.98M | -$18.23M | -$21.01M | -$19.68M | -0.3% |
| Depreciation & amortisation | $383.00K | $361.00K | $349.00K | $335.00K | $311.00K | +6.1% |
| Stock-based compensation | $2.18M | $3.09M | $3.91M | $3.93M | $3.79M | -29.4% |
| Change in working capital | -$4.49M | -$99.00K | $1.47M | $52.00K | -$3.85M | -4,439.4% |
| Operating cash flow | -$20.54M | -$15.24M | -$12.28M | -$16.61M | -$19.54M | -34.8% |
| Capital expenditure | -$14.00K | -$219.00K | -$899.00K | -$493.00K | -$58.00K | +93.6% |
| Investing cash flow | $13.13M | $21.52M | $5.91M | $19.45M | $19.21M | -39.0% |
| Financing cash flow | -$33.00K | -$192.00K | -$117.00K | -$97.00K | -$343.00K | +82.8% |
| Free cash flow | -$20.55M | -$15.46M | -$13.18M | -$17.10M | -$19.59M | -33.0% |
| End cash position | $34.26M | $41.70M | $35.61M | $42.10M | $39.35M | -17.9% |
Options analytics
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.50 | -0.43 | +13.5% |
| Mar 2026 | -0.52 | -0.49 | +5.8% |
| Dec 2025 | -0.46 | -0.49 | -7.4% |
| Sep 2025 | -0.58 | -0.47 | +19.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.45 | 4 | $0 | 0.0% |
| Next quarter | -0.48 | 4 | $0 | 0.0% |
| Current year | -1.89 | 4 | $0 | 0.0% |
| Next year | -1.69 | 6 | $0 | 0.0% |
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Short interest
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 9, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Nov 25, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Aug 14, 25 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| May 16, 25 | Jones Trading | DOWNGRADE | Buy | Hold |
| May 15, 25 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| Mar 28, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Mar 28, 25 | Oppenheimer | MAINTAINED | Outperform | Outperform |
| Mar 26, 25 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Mar 26, 25 | Citizens Capital Markets | MAINTAINED | Market Outperform | Market Outperform |
| Mar 26, 25 | HC Wainwright & Co. | MAINTAINED | Buy | Buy |
| Jan 31, 25 | Cantor Fitzgerald | INITIATED | — | Overweight |
| Nov 14, 24 | BMO Capital | MAINTAINED | Outperform | Outperform |
SEC filings
Headlines
PRIVATE STRATEGY · BY QUALIFICATION
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