FBIO

Fortress Biotech, Inc.
NasdaqCMUSDEQUITY Healthcare DELAYED
Last price
2.05
▼ 0.04 (1.91%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
2.09
Day high
2.13
Day low
2.02
Volume
219.88K
Market cap
$68.37M
P/E (TTM)
0.74
52W range
2.00 – 4.53

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-6.82% -8.8%
1M
-24.63% -25.8%
3M
-31.67% -36.2%
6M
-12.77% -30.9%
YTD
-43.99% -58.2%
1Y
-25.45% -41.9%
3Y
-52.87% -135.1%
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 FBIO 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
7.97M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 22, 26
JIN DAVID
Chief Financial Officer
STOCK 400.00K $0 Direct
Apr 1, 26
JIN DAVID
Chief Financial Officer
STOCK 2.97K $6.46K Direct
Mar 18, 26
ROSENWALD LINDSAY A
Chief Executive Officer
STOCK 475.42K $0 Direct
Mar 18, 26
WEISS MICHAEL S
Officer and Director
STOCK 475.42K $0 Direct
Dec 31, 25
LOBELL JONAH JAY
Director
STOCK 27.32K $0 Direct
Dec 31, 25
HOENLEIN MALCOLM
Director
STOCK 27.32K $0 Direct
Dec 31, 25
HARVEY JIMMIE
Director
STOCK 27.32K $0 Direct
Dec 31, 25
KLEIN DOV
Director
STOCK 27.32K $0 Direct
Dec 31, 25
LORENZ KEVIN R.
Director
STOCK 27.32K $0 Direct
Oct 1, 25
JIN DAVID
Chief Financial Officer
STOCK 2.71K $6.94K Direct
Apr 1, 25
JIN DAVID
Chief Financial Officer
STOCK 5.00K $7.80K Direct
Dec 31, 24
ROSENWALD LINDSAY A
Chief Executive Officer
STOCK 454.15K $0 Direct
Dec 31, 24
WEISS MICHAEL S
Officer and Director
STOCK 454.15K $0 Direct
Dec 31, 24
LOBELL JONAH JAY
Director
STOCK 49.38K $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

9 reporting
NameRelationShares heldLatest
HARVEY JIMMIE
Director 146.70K Stock Award(Grant)
HOENLEIN MALCOLM
Director 115.75K Stock Award(Grant)
JIN DAVID
Chief Financial Officer 1.65M Stock Award(Grant)
KLEIN DOV
Director 130.10K Stock Award(Grant)
LOBELL JONAH JAY
Director 192.40K Stock Award(Grant)
LORENZ KEVIN R.
Director 101.01K Stock Award(Grant)
LU LUCY
Director 61.27K Stock Award(Grant)
ROSENWALD LINDSAY A
Chief Executive Officer 4.59M Stock Award(Grant)
WEISS MICHAEL S
Officer and Director 2.28M Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$68.37M
Enterprise value$-32.94M
Revenue (TTM)$68.47M
Gross profit$43.32M
EBITDA$-24.98M
Net income$103.37M
EPS (TTM)$2.76
Free cash flow$-17.14M
Total cash$196.58M
Total debt$53.32M
Book value / share$4.93
Shares outstanding33.35M
Float21.44M
Short % of float19.81%
Dividend yield0.00%
Beta (5Y)1.25

Valuation & profitability ratios

Account required
Trailing P/E0.74
Forward P/E-1.16
PEG ratio—
Price / sales—
Price / book0.42
EV / revenue-0.48
EV / EBITDA1.32
Gross margin63.28%
Operating margin-53.46%
Profit margin163.32%
Return on equity115.98%
Return on assets-7.76%
Debt / equity25.87
Current ratio3.96
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 $63.26M$57.67M$84.51M$75.74M +9.7%
Operating revenue $61.24M$56.67M$64.99M$73.07M +8.1%
Cost of revenue $20.92M$20.88M$22.89M$30.77M +0.2%
Gross profit $42.34M$36.80M$61.62M$44.97M +15.1%
Research & development $11.90M$56.88M$106.07M$134.88M -79.1%
Selling, general & admin $96.40M$87.73M$90.98M$113.66M +9.9%
Total operating expense $112.56M$148.04M$200.82M$248.53M -24.0%
Operating income -$70.22M-$111.24M-$139.20M-$203.56M +36.9%
Net interest income -$7.62M-$10.84M-$12.31M-$12.24M +29.7%
Pre-tax income -$33.53M-$120.54M-$153.63M-$213.46M +72.2%
Tax provision -$620.00K$312.00K$521.00K$449.00K -298.7%
Net income $6.82M-$46.00M-$60.64M-$86.58M +114.8%
Net income to common -$1.88M-$55.89M-$68.67M-$94.61M +96.6%
Basic EPS -0.07-2.69-8.47-14.55 +97.4%
Diluted EPS -0.07-2.69-8.47-14.55 +97.4%
EBIT -$24.83M-$108.95M-$141.72M-$203.05M +77.2%
EBITDA -$20.16M-$104.49M-$135.72M-$193.69M +80.7%
Basic shares 27.90M20.78M8.11M5.92M +34.2%
Diluted shares 27.90M20.78M8.11M5.92M +34.2%

Options analytics

Account required
Put / call volume
5.08
Put-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
2.50
+22.0% from spot
ATM implied vol
50.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
13
Contracts, this expiry
Put volume
66
Contracts, this expiry
Heaviest call OI
7.50
2 contracts
Heaviest put OI
2.50
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 -0.20-0.08 +60.0%
Mar 2026 -0.222.82 +1,381.8%
Dec 2025 0.11-0.21 -290.9%
Sep 2025 -0.630.11 +117.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.27 1 $21.57M +22.4%
Next quarter -0.25 1 $22.46M +39.7%
Current year 2.55 1 $78.79M +24.6%
Next year -1.00 1 $113.25M +43.7%

Analyst targets & ownership

Account required
Mean target$5.00
High target$5.00
Low target$5.00
Implied upside143.90%
Analyst count1
ConsensusNONE
Strong buy / Buy0 / 1
Hold0
Sell / Strong sell0 / 0
Held by insiders23.90%
Held by institutions31.43%
Institutions holding70
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
2.16
-5.31% from price
SMA 20
2.34
-12.26% from price
SMA 50
2.65
-22.51% from price
SMA 100
2.81
-27.10% from price
SMA 200
2.96
-30.68% from price
EMA 12
2.20
-6.85% from price
EMA 26
2.38
-13.89% from price
EMA 50
2.56
-20.01% from price
RSI (14)
26.4
Oversold
MACD (12,26,9)
-0.18
Hist -0.02
ATR (14)
0.09
4.49% of price
Realised vol 30D
31.2%
Annualised
Bollinger upper
2.72
20, 2σ
Bollinger lower
1.95
20, 2σ
50 / 200 cross
Death
2.65 vs 2.96
Trend bias
Below 200
-30.68%

Options chain

Account required
Expiry
Spot 2.05
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
1.21
More volatile than market
Correlation to SPY
0.25
Largely independent
Realised vol 30D
31.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-53.7%
Peak to trough
Max drawdown 5Y
-97.6%
Peak to trough
ATR 14
0.09
4.49% of price
Beta (reported)
1.25
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
5.11M
Prior 5.58M
Change vs prior
-8.4%
Shorts covering
% of float
19.81%
Elevated
% of shares out
15.31%
Against total outstanding
Days to cover
13.8
Crowded exit
Float
21.44M
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

9 on file
DateFirm ActionFromTo
Feb 23, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Aug 21, 25 HC Wainwright & Co. MAINTAINED Buy Buy
Mar 11, 25 Roth MKM MAINTAINED Buy Buy
Nov 18, 24 HC Wainwright & Co. MAINTAINED Buy Buy
Jul 19, 24 HC Wainwright & Co. MAINTAINED Buy Buy
Jun 20, 24 Cantor Fitzgerald MAINTAINED — Overweight
May 16, 24 Roth MKM MAINTAINED Buy Buy
Mar 19, 24 Alliance Global Partners INITIATED — Buy
Nov 29, 23 Roth MKM MAINTAINED Buy Buy

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 split1:15
Split dateOct 10, 2023

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.