ADMA

ADMA Biologics, Inc.
NasdaqGMUSDEQUITY Healthcare DELAYED
Last price
10.18
▲ 0.07 (0.69%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
10.11
Day high
10.35
Day low
9.98
Volume
2.10M
Market cap
$2.28B
P/E (TTM)
14.54
52W range
7.21 – 20.46

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+2.21% +0.3%
1M
+5.82% +4.7%
3M
+11.14% +6.6%
6M
+9.94% -8.2%
YTD
-44.19% -58.4%
1Y
-30.56% -47.0%
3Y
+184.36% +102.1%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ADMA 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

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
4.41M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jul 16, 26
KOHLER TERRY
Chief Financial Officer
STOCK 85.13K $0 Direct
May 27, 26
GROSSMAN JERROLD B
Director
BUY 6.40K $50.62K Direct
May 12, 26
GROSSMAN JERROLD B
Director
BUY 12.50K $100.13K Direct
May 11, 26
GROSSMAN JERROLD B
Director
BUY 12.50K $100.13K Direct
Mar 17, 26
GUIHEEN LAWRENCE P
Director
STOCK 30.00K $0 Direct
Mar 16, 26
GROSSMAN ADAM S
Chief Executive Officer
CONVERSION 15.00K $81.00K Direct
Mar 16, 26
GROSSMAN ADAM S
Chief Executive Officer
SELL 21.00K $318.36K Direct
Mar 13, 26
GUIHEEN LAWRENCE P
Director
CONVERSION 30.00K $109.80K Direct
Mar 9, 26
KESTENBERG-MESSINA KAITLIN M.
Officer
CONVERSION 10.10K $32.33K Direct
Mar 9, 26
KESTENBERG-MESSINA KAITLIN M.
Officer
SELL 10.10K $157.80K Direct
Mar 6, 26
ELMS STEVEN A
Director
BUY 14.00K $217.42K Indirect
Feb 17, 26
GROSSMAN ADAM S
Chief Executive Officer
CONVERSION 15.00K $81.00K Direct
Feb 17, 26
GROSSMAN ADAM S
Chief Executive Officer
SELL 21.00K $337.68K Direct
Feb 9, 26
GROSSMAN JERROLD B
Director
STOCK 10.69K $0 Direct
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.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ELMS STEVEN A
Director — Purchase
FINGER ALISON CECILY
Director 45.62K Stock Award(Grant)
GROSSMAN ADAM S
Chief Executive Officer 3.84M Conversion of Exercise of derivative security
GROSSMAN JERROLD B
Director 612.99K Purchase
GUIHEEN LAWRENCE P
Director 186.51K Stock Gift
KESTENBERG-MESSINA KAITLIN M.
Officer 466.60K Conversion of Exercise of derivative security
KOHLER TERRY
Chief Financial Officer 143.15K Stock Award(Grant)
KWON YOUNG T. PH.D.
Director 263.02K Stock Award(Grant)
SALAS EDUARDO RENE
Director 21.58K Stock Award(Grant)
TADE BRAD L
Chief Financial Officer 261.66K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$2.28B
Enterprise value$2.35B
Revenue (TTM)$512.28M
Gross profit$331.47M
EBITDA$224.19M
Net income$168.96M
EPS (TTM)$0.70
Free cash flow$54.76M
Total cash$136.02M
Total debt$203.84M
Book value / share$1.81
Shares outstanding223.98M
Float219.66M
Short % of float13.32%
Dividend yield0.00%
Beta (5Y)0.69

Valuation & profitability ratios

Account required
Trailing P/E14.54
Forward P/E10.79
PEG ratio—
Price / sales—
Price / book5.62
EV / revenue4.58
EV / EBITDA10.47
Gross margin64.70%
Operating margin42.16%
Profit margin32.98%
Return on equity41.90%
Return on assets21.78%
Debt / equity49.94
Current ratio6.97
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $510.17M$426.45M$258.21M$154.08M +19.6%
Operating revenue $510.17M$426.45M$258.21M$154.08M +19.6%
Cost of revenue $217.41M$206.90M$169.27M$118.81M +5.1%
Gross profit $292.76M$219.55M$88.94M$35.27M +33.3%
Research & development $4.76M$1.81M$3.30M$3.61M +162.7%
Selling, general & admin $91.58M$74.12M$59.02M$52.46M +23.5%
Total operating expense $101.32M$80.57M$67.31M$74.63M +25.8%
Operating income $191.44M$138.98M$21.63M-$39.37M +37.7%
Net interest income -$5.24M-$11.83M-$23.41M-$19.23M +55.7%
Pre-tax income $182.66M$125.71M-$28.24M-$65.90M +45.3%
Tax provision $35.73M-$71.96M$0$0 +149.6%
Net income $146.93M$197.67M-$28.24M-$65.90M -25.7%
Net income to common $146.93M$197.67M-$28.24M-$65.90M -25.7%
Basic EPS 0.620.85-0.13-0.33 -27.1%
Diluted EPS 0.600.81-0.13-0.33 -25.9%
EBIT $189.77M$139.64M-$3.21M-$46.63M +35.9%
EBITDA $197.86M$147.69M$5.12M-$39.51M +34.0%
Basic shares 238.30M233.08M223.98M197.87M +2.2%
Diluted shares 244.90M243.34M223.98M197.87M +0.6%

Options analytics

Account required
Put / call volume
0.60
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
1.00
-90.2% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
+12.5%
Puts bid over calls
Call volume
169
Contracts, this expiry
Put volume
101
Contracts, this expiry
Heaviest call OI
1.00
0 contracts
Heaviest put OI
8.00
0 contracts

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.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.160.17 +3.5%
Mar 2026 0.200.17 -15.3%
Dec 2025 0.200.22 +7.9%
Sep 2025 0.160.16 +2.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.20 3 $138.12M +2.9%
Next quarter 0.24 3 $158.40M +13.8%
Current year 0.80 3 $535.35M +4.9%
Next year 0.94 3 $629.54M +17.6%

Analyst targets & ownership

Account required
Mean target$17.00
High target$21.00
Low target$12.00
Implied upside66.99%
Analyst count4
ConsensusNONE
Strong buy / Buy1 / 2
Hold1
Sell / Strong sell0 / 0
Held by insiders1.97%
Held by institutions92.76%
Institutions holding437
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
9.87
+3.19% from price
SMA 20
9.54
+6.74% from price
SMA 50
9.48
+7.43% from price
SMA 100
8.98
+13.43% from price
SMA 200
11.66
-12.70% from price
EMA 12
9.82
+3.64% from price
EMA 26
9.63
+5.67% from price
EMA 50
9.49
+7.30% from price
RSI (14)
60.5
Neutral
MACD (12,26,9)
0.19
Hist 0.07
ATR (14)
0.43
4.23% of price
Realised vol 30D
39.5%
Annualised
Bollinger upper
10.42
20, 2σ
Bollinger lower
8.66
20, 2σ
50 / 200 cross
Death
9.48 vs 11.66
Trend bias
Below 200
-12.70%

Options chain

Account required
Expiry
Spot 10.18
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.80
Less volatile than market
Correlation to SPY
0.19
Largely independent
Realised vol 30D
39.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-62.7%
Peak to trough
Max drawdown 5Y
-69.0%
Peak to trough
ATR 14
0.43
4.23% of price
Beta (reported)
0.69
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
24.21M
Prior 22.68M
Change vs prior
+6.7%
Shorts adding
% of float
13.32%
Elevated
% of shares out
10.81%
Against total outstanding
Days to cover
12.2
Crowded exit
Float
219.66M
Freely tradeable shares

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

59 on file
DateFirm ActionFromTo
Jul 15, 26 Mizuho MAINTAINED Outperform Outperform
May 7, 26 Canaccord Genuity MAINTAINED Buy Buy
May 7, 26 Mizuho MAINTAINED Outperform Outperform
Apr 21, 26 Canaccord Genuity INITIATED — Buy
Apr 13, 26 Mizuho MAINTAINED Outperform Outperform
Mar 26, 26 Cantor Fitzgerald DOWNGRADE Overweight Neutral
May 8, 25 Raymond James MAINTAINED Strong Buy Strong Buy
Mar 4, 25 Cantor Fitzgerald MAINTAINED Overweight Overweight
Nov 8, 24 HC Wainwright & Co. MAINTAINED Buy Buy
Nov 8, 24 Raymond James MAINTAINED Strong Buy Strong Buy
Oct 14, 24 HC Wainwright & Co. MAINTAINED Buy Buy
Sep 20, 24 Cantor Fitzgerald MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.