IRWD

Ironwood Pharmaceuticals, Inc.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
3.61
▼ 0.04 (1.10%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
3.64
Prev close
3.65
Day high
3.68
Day low
3.60
Volume
1.87M
Market cap
$599.82M
P/E (TTM)
4.78
52W range
1.41 – 5.78

Day trading desk

Current session · delayed
Gap from prior close
-0.28%
Prior close 3.65
VWAP
3.64
-0.72% from price
Relative volume
0.74×
Normal
Session range
3.35%
3.56 – 3.68
Position in range
42%
Mid range
ATR (14D)
0.20
5.46% of price
Prior day high
3.67
PDH
Prior day low
3.55
PDL
Bid / ask spread
—
Quote not published
Session volume
1.55M
Avg 2.08M

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
-12.74% -14.7%
1M
-14.79% -15.9%
3M
-23.90% -28.4%
6M
+4.91% -13.3%
YTD
+7.72% -6.5%
1Y
+134.19% +117.8%
3Y
-62.31% -144.6%
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 IRWD 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
+461.01K
Net buying
Buy transactions
9
610.47K shares
Sell transactions
2
149.46K shares
Net transactions
+11
Buys less sells
Sell : buy shares
0.2 : 1
Mixed
Insider-held shares
5.35M
Total on file
Bought 610.47KSold 149.46K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jul 20, 26
SILBER JEFFREY M.D.
Officer
STOCK 137.04K $0 Direct
Jul 7, 26
SILVER RONALD
Officer
SELL 127.89K $578.06K Direct
Jun 16, 26
SHEPARD JAY P.
Director
STOCK 63.48K $0 Direct
Jun 16, 26
DUANE JON R
Director
STOCK 63.48K $0 Direct
Jun 16, 26
DENNER ALEXANDER J
Director
STOCK 67.55K $0 Direct
Jun 16, 26
MOUKHEIBIR CATHERINE
Director
STOCK 63.48K $0 Direct
Jun 16, 26
MCHUGH JULIE H
Director
STOCK 63.48K $0 Direct
Jun 16, 26
CURRIE MARK G
Director
STOCK 63.48K $0 Direct
Jun 16, 26
KESSLER MARLA L
Director
STOCK 63.48K $0 Direct
Jun 16, 26
MCHUGH JULIE H
Director
SELL 21.57K $80.46K Direct
May 19, 26
SILVER RONALD
Chief Financial Officer
STOCK 25.00K $0 Direct
Mar 17, 26
DENNER ALEXANDER J
Director
SELL 6.73M $20.53M Indirect
Mar 13, 26
DENNER ALEXANDER J
Director
STOCK 4.45K $0 Direct
Mar 10, 26
SHETZLINE MICHAEL
Officer
STOCK 136.61K $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
CURRIE MARK G
Director 676.90K Stock Award(Grant)
DAVIS ANDREW RYAN
Officer 284.69K Sale
DENNER ALEXANDER J
Director 323.86K Stock Award(Grant)
EMANY SRAVAN KUMAR
Chief Operating Officer 309.57K Sale
GASKINS TAMMI L
Officer 350.35K Stock Award(Grant)
MARTINI GREGORY S.
Chief Financial Officer 297.21K Stock Award(Grant)
MCCOURT THOMAS A
Chief Executive Officer 1.90M Stock Award(Grant)
MINARDO JOHN
Officer 500.50K Stock Award(Grant)
SHETZLINE MICHAEL
Officer 658.04K Stock Award(Grant)
SILVER RONALD
Officer 313.68K Sale

Fundamentals

TTM · reported
Market cap$599.82M
Enterprise value$917.56M
Revenue (TTM)$389.32M
Gross profit$300.62M
EBITDA$238.10M
Net income$129.87M
EPS (TTM)$0.76
Free cash flow$121.83M
Total cash$79.13M
Total debt$396.87M
Book value / share$-0.98
Shares outstanding165.24M
Float136.76M
Short % of float12.38%
Dividend yield0.00%
Beta (5Y)0.22

Valuation & profitability ratios

Account required
Trailing P/E4.78
Forward P/E2.42
PEG ratio—
Price / sales—
Price / book—
EV / revenue2.36
EV / EBITDA3.85
Gross margin77.22%
Operating margin70.16%
Profit margin33.36%
Return on equity—
Return on assets47.02%
Debt / equity—
Current ratio6.06
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 item20252024202320222021YoY
Total revenue $296.15M$351.41M$442.74M$410.60M— -15.7%
Operating revenue $296.15M$351.41M$442.74M$410.60M— -15.7%
Cost of revenue ———$0$0 —
Gross profit ———$410.60M$413.75M —
Research & development $95.14M$111.42M$116.08M$44.27M— -14.6%
Selling, general & admin $82.26M$144.27M$158.31M$115.99M— -43.0%
Total operating expense $177.39M$255.69M$274.40M$160.26M— -30.6%
Operating income $118.76M$95.72M$168.34M$250.34M— +24.1%
Net interest income -$28.67M-$28.57M-$2.66M$1.90M— -0.4%
Pre-tax income $70.03M$65.20M-$948.07M$252.42M— +7.4%
Tax provision $46.01M$64.32M$83.49M$77.36M— -28.5%
Net income $24.02M$880.00K-$1.00B$175.06M— +2,629.2%
Net income to common $24.02M$880.00K-$1.00B$175.06M— +2,629.2%
Basic EPS 0.150.01-6.451.13— +1,400.0%
Diluted EPS 0.150.01-6.450.96— +1,400.0%
EBIT $102.77M$98.23M-$926.44M$260.02M— +4.6%
EBITDA $104.65M$100.24M-$924.87M$261.44M— +4.4%
Basic shares 161.84M159.08M155.44M154.37M— +1.7%
Diluted shares 162.98M160.08M155.44M186.31M— +1.8%

Options analytics

Account required
Put / call volume
0.10
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-31.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
31
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
5.00
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 0.280.31 +12.7%
Mar 2026 0.240.24 0.0%
Dec 2025 0.01-0.01 -200.0%
Sep 2025 0.120.24 +108.7%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.31 2 $121.57M -0.4%
Next quarter 0.34 2 $128.25M +168.8%
Current year 1.21 2 $471.43M +59.2%
Next year 1.50 3 $494.05M +4.8%

Analyst targets & ownership

Account required
Mean target$6.10
High target$10.00
Low target$3.70
Implied upside68.98%
Analyst count4
ConsensusNONE
Strong buy / Buy1 / 1
Hold2
Sell / Strong sell0 / 0
Held by insiders3.24%
Held by institutions98.88%
Institutions holding290
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
3.95
-8.65% from price
SMA 20
4.08
-11.00% from price
SMA 50
4.15
-12.61% from price
SMA 100
3.99
-9.54% from price
SMA 200
4.00
-9.26% from price
EMA 12
3.93
-8.04% from price
EMA 26
4.05
-10.93% from price
EMA 50
4.09
-11.68% from price
RSI (14)
33.7
Neutral
MACD (12,26,9)
-0.13
Hist -0.07
ATR (14)
0.20
5.43% of price
Realised vol 30D
44.8%
Annualised
Bollinger upper
4.57
20, 2σ
Bollinger lower
3.59
20, 2σ
50 / 200 cross
Golden
4.15 vs 4.00
Trend bias
Below 200
-9.26%

Options chain

Account required
Expiry
Spot 3.61
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
1.85
More volatile than market
Correlation to SPY
0.26
Largely independent
Realised vol 30D
44.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-43.6%
Peak to trough
Max drawdown 5Y
-96.3%
Peak to trough
ATR 14
0.20
5.43% of price
Beta (reported)
0.22
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
18.73M
Prior 18.07M
Change vs prior
+3.7%
Shorts adding
% of float
12.38%
Elevated
% of shares out
11.33%
Against total outstanding
Days to cover
12.8
Crowded exit
Float
136.76M
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

103 on file
DateFirm ActionFromTo
Feb 26, 26 Citizens MAINTAINED Market Outperform Market Outperform
Jan 5, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Jan 5, 26 Citizens UPGRADE Market Perform Market Outperform
Nov 11, 25 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Apr 15, 25 Wells Fargo DOWNGRADE Overweight Equal-Weight
Apr 15, 25 Jefferies DOWNGRADE Buy Hold
Apr 14, 25 Leerink Partners MAINTAINED Market Perform Market Perform
Jan 30, 25 JMP Securities MAINTAINED Market Outperform Market Outperform
Jan 22, 25 Craig-Hallum MAINTAINED Buy Buy
Sep 9, 24 Leerink Partners INITIATED — Market Perform
Aug 9, 24 Wells Fargo MAINTAINED Overweight Overweight
Aug 9, 24 Craig-Hallum 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 split1194:1000
Split dateApr 2, 2019

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.