AKBA

Akebia Therapeutics, Inc.
NasdaqCMUSDEQUITY Healthcare DELAYED
Last price
0.88
▼ 0.03 (3.08%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
0.90
Prev close
0.91
Day high
0.91
Day low
0.88
Volume
6.18M
Market cap
$243.44M
P/E (TTM)
—
52W range
0.81 – 3.20

Day trading desk

Current session · delayed
Gap from prior close
-0.76%
Prior close 0.91
VWAP
0.88
-0.13% from price
Relative volume
2.00×
Unusually busy
Session range
4.00%
0.88 – 0.91
Position in range
21%
Near session low
ATR (14D)
0.05
5.41% of price
Prior day high
0.92
PDH
Prior day low
0.85
PDL
Bid / ask spread
—
Quote not published
Session volume
12.21M
Avg 6.09M

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 · vs SPY
Returnvs SPY
1W
-0.79% -2.7%
1M
-9.85% -11.0%
3M
-38.10% -42.6%
6M
-36.30% -54.5%
YTD
-45.40% -59.7%
1Y
-68.94% -85.4%
3Y
-22.89% -105.1%
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 AKBA 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
+508.18K
Net buying
Buy transactions
7
564.20K shares
Sell transactions
1
56.02K shares
Net transactions
+8
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
5.49M
Total on file
Bought 564.20KSold 56.02K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 6, 26
BUTLER JOHN P
Chief Executive Officer
CONVERSION 350.00K $220.50K Direct
Jun 29, 26
OSTROWSKI ERIK
Chief Financial Officer
SELL 56.02K $62.18K Direct
Jun 17, 26
WOLF MYLES
Director
STOCK 35.70K $0 Direct
Jun 17, 26
FRIESON RON
Director
STOCK 35.70K $0 Direct
Jun 17, 26
ROGERS MICHAEL W
Director
STOCK 35.70K $0 Direct
Jun 17, 26
ADAMS ADRIAN
Director
STOCK 35.70K $0 Direct
Jun 17, 26
ZUMWALT LEANNE M
Director
STOCK 35.70K $0 Direct
Jun 17, 26
SMITH CYNTHIA
Director
STOCK 35.70K $0 Direct
Mar 4, 26
BUTLER JOHN P
Chief Executive Officer
BUY 69.27K $86.59K Direct
Feb 2, 26
BURKE STEVEN KEITH
Officer
SELL 67.66K $94.05K Direct
Feb 2, 26
BUTLER JOHN P
Chief Executive Officer
SELL 341.31K $474.41K Direct
Feb 2, 26
GRUND NICHOLAS
Officer
SELL 84.83K $117.91K Direct
Feb 2, 26
OSTROWSKI ERIK
Chairman of the Board
SELL 34.95K $48.58K Direct
Feb 2, 26
MALABRE RICHARD C.
Officer
SELL 49.52K $68.84K 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
ADAMS ADRIAN
Director 236.20K Stock Award(Grant)
BURKE STEVEN KEITH
Officer 948.43K Sale
BUTLER JOHN P
Chief Executive Officer 3.88M Conversion of Exercise of derivative security
GRUND NICHOLAS
Officer 561.75K Sale
MALABRE RICHARD C.
Officer 299.39K Sale
OSTROWSKI ERIK
Chief Financial Officer 616.62K Sale
ROGERS MICHAEL W
Director 197.43K Stock Award(Grant)
RUCCI CAROLYN M
Officer 588.38K Sale
SMITH CYNTHIA
Director 196.63K Stock Award(Grant)
WOLF MYLES
Director 169.08K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$243.44M
Enterprise value$287.08M
Revenue (TTM)$219.06M
Gross profit$178.40M
EBITDA$-4.30M
Net income$-29.67M
EPS (TTM)$-0.13
Free cash flow$33.64M
Total cash$155.55M
Total debt$199.19M
Book value / share$0.09
Shares outstanding277.11M
Float272.25M
Short % of float7.51%
Dividend yield0.00%
Beta (5Y)0.18

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-2.44
PEG ratio—
Price / sales—
Price / book9.55
EV / revenue1.31
EV / EBITDA-66.82
Gross margin81.44%
Operating margin-5.46%
Profit margin-13.54%
Return on equity-109.38%
Return on assets-1.05%
Debt / equity796.18
Current ratio1.43
Free account required

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

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $236.20M$160.18M$194.62M$292.48M +47.5%
Operating revenue $236.20M$160.18M$194.62M$292.48M +47.5%
Cost of revenue $39.46M$63.18M$74.15M$85.57M -37.5%
Gross profit $196.73M$97.00M$120.47M$206.92M +102.8%
Research & development $62.36M$37.65M$63.08M$129.99M +65.6%
Selling, general & admin $107.48M$106.55M$100.23M$138.60M +0.9%
Total operating expense $173.24M$147.42M$166.55M$271.76M +17.5%
Operating income $23.50M-$50.41M-$46.08M-$64.85M +146.6%
Net interest income -$24.18M-$18.18M-$6.03M-$15.69M -33.0%
Pre-tax income -$3.72M-$69.41M-$51.92M-$94.23M +94.6%
Tax provision $1.62M$0$0$0 —
Net income -$5.34M-$69.41M-$51.92M-$94.23M +92.3%
Net income to common -$5.34M-$69.41M-$51.92M-$94.23M +92.3%
Basic EPS -0.02-0.33-0.28-0.51 +93.9%
Diluted EPS -0.02-0.33-0.28-0.51 +93.9%
EBIT $20.46M-$51.23M-$45.89M-$78.54M +139.9%
EBITDA $21.73M-$13.72M-$8.27M-$40.84M +258.3%
Basic shares 257.16M210.95M187.47M182.78M +21.9%
Diluted shares 257.16M210.95M187.47M182.78M +21.9%

Options analytics

Account required
Put / call volume
0.35
Call-heavy session
Put / call open interest
0.26
Positioning, not flow
Max pain
2.00
+127.7% from spot
ATM implied vol
25.0%
Nearest strike to spot
Skew (10% OTM)
-25.0%
Calls bid over puts
Call volume
74
Contracts, this expiry
Put volume
26
Contracts, this expiry
Heaviest call OI
2.00
117 contracts
Heaviest put OI
0.50
22 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 -0.03-0.03 -3.2%
Mar 2026 -0.02-0.03 -50.0%
Dec 2025 -0.06-0.05 +16.7%
Sep 2025 -0.010.00 +100.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.03 2 $46.94M -20.1%
Next quarter -0.03 2 $48.19M -16.4%
Current year -0.16 1 $197.85M -16.2%
Next year -0.36 2 $132.51M -33.0%

Analyst targets & ownership

Account required
Mean target$3.92
High target$6.00
Low target$1.00
Implied upside343.82%
Analyst count6
ConsensusNONE
Strong buy / Buy1 / 4
Hold1
Sell / Strong sell0 / 0
Held by insiders1.98%
Held by institutions40.77%
Institutions holding223
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
0.90
-1.65% from price
SMA 20
0.92
-4.15% from price
SMA 50
0.97
-9.40% from price
SMA 100
1.05
-15.71% from price
SMA 200
1.22
-28.18% from price
EMA 12
0.90
-2.10% from price
EMA 26
0.93
-4.67% from price
EMA 50
0.97
-9.44% from price
RSI (14)
43.5
Neutral
MACD (12,26,9)
-0.02
Hist 0.00
ATR (14)
0.05
5.44% of price
Realised vol 30D
61.8%
Annualised
Bollinger upper
0.98
20, 2σ
Bollinger lower
0.86
20, 2σ
50 / 200 cross
Death
0.97 vs 1.22
Trend bias
Below 200
-28.18%

Options chain

Account required
Expiry
Spot 0.88
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
1.11
More volatile than market
Correlation to SPY
0.19
Largely independent
Realised vol 30D
61.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-73.4%
Peak to trough
Max drawdown 5Y
-92.5%
Peak to trough
ATR 14
0.05
5.44% of price
Beta (reported)
0.18
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
20.50M
Prior 21.37M
Change vs prior
-4.1%
Shorts covering
% of float
7.51%
Normal
% of shares out
7.40%
Against total outstanding
Days to cover
2.4
Liquid
Float
272.25M
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

86 on file
DateFirm ActionFromTo
Sep 15, 26 BTIG MAINTAINED Buy Buy
Sep 8, 26 WestPark Capital INITIATED — Buy
Aug 8, 26 Leerink Partners DOWNGRADE Outperform Market Perform
Jul 1, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Apr 7, 26 BTIG MAINTAINED Buy Buy
Feb 25, 26 BTIG MAINTAINED Buy Buy
Feb 6, 26 Piper Sandler MAINTAINED Overweight Overweight
Feb 6, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Dec 2, 25 BTIG MAINTAINED Buy Buy
Dec 2, 25 HC Wainwright & Co. MAINTAINED Buy Buy
Oct 30, 25 HC Wainwright & Co. MAINTAINED Buy Buy
Oct 29, 25 BTIG MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
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.