PLSE

Pulse Biosciences, Inc.
NasdaqCMUSDEQUITY Healthcare DELAYED
Last price
48.96
▼ 0.79 (1.59%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
49.11
Prev close
49.75
Day high
49.93
Day low
48.13
Volume
157.17K
Market cap
$3.49B
P/E (TTM)
—
52W range
12.56 – 58.90

Day trading desk

Current session · delayed
Gap from prior close
-1.29%
Prior close 49.75
VWAP
48.78
+0.36% from price
Relative volume
0.30×
Quiet session
Session range
3.74%
48.13 – 49.93
Position in range
46%
Mid range
ATR (14D)
2.88
5.87% of price
Prior day high
51.26
PDH
Prior day low
48.62
PDL
Bid / ask spread
—
Quote not published
Session volume
153.47K
Avg 503.56K

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
-1.92% -3.9%
1M
+0.35% -1.2%
3M
+79.74% +76.3%
6M
+156.87% +141.9%
YTD
+256.59% +242.6%
1Y
+151.72% +136.0%
3Y
+1,107.40% +1,025.5%
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 PLSE 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
50.67M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
May 11, 26
LAVIOLETTE PAUL A
Chief Executive Officer
BUY 15.00K $295.35K Direct
May 11, 26
DUGGAN ROBERT WILLIAM
Director and Beneficial Owner of more than 10% of a Class of Security
BUY 660.23K $13.00M Direct
May 11, 26
DUGGAN ROBERT WILLIAM
Director and Beneficial Owner of more than 10% of a Class of Security
BUY 660.23K $13.00M Direct
Feb 18, 26
DANAHY KEVIN PATRICK
Officer
CONVERSION 5.00K $7.65K Direct
Feb 18, 26
DANAHY KEVIN PATRICK
Officer
SELL 5.00K $118.20K Direct
Feb 17, 26
DANAHY KEVIN PATRICK
Officer
CONVERSION 60.00K $91.80K Direct
Feb 17, 26
DANAHY KEVIN PATRICK
Officer
SELL 60.00K $1.41M Direct
Feb 11, 26
DANAHY KEVIN PATRICK
Officer
CONVERSION 60.00K $91.80K Direct
Feb 11, 26
DANAHY KEVIN PATRICK
Officer
SELL 60.00K $1.40M Direct
Oct 2, 25
DANAHY KEVIN PATRICK
Officer
CONVERSION 4.60K $7.04K Direct
Oct 2, 25
DANAHY KEVIN PATRICK
Officer
SELL 4.60K $85.24K Direct
Sep 19, 25
DANAHY KEVIN PATRICK
Officer
CONVERSION 20.40K $31.21K Direct
Sep 19, 25
DANAHY KEVIN PATRICK
Officer
SELL 20.40K $377.19K Direct
Sep 17, 25
UECKER DARRIN R
Chief Technology Officer
CONVERSION 206.53K $826.14K 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

6 reporting
NameRelationShares heldLatest
BARRETT BURKE T
Former 63.17K Sale
DANAHY KEVIN PATRICK
Officer 43.30K Conversion of Exercise of derivative security
DUGGAN ROBERT WILLIAM
Director and Beneficial Owner of more than 10% of a Class of Security 49.29M Purchase
LAVIOLETTE PAUL A
Chief Executive Officer 15.85K Purchase
UECKER DARRIN R
Chief Technology Officer 284.41K Conversion of Exercise of derivative security
ZANGANEH MAHKAM
Director 873.47K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$3.49B
Enterprise value$3.45B
Revenue (TTM)$1.19M
Gross profit$3.00K
EBITDA$-82.62M
Net income$-80.06M
EPS (TTM)$-1.18
Free cash flow$-34.29M
Total cash$101.62M
Total debt$6.77M
Book value / share$1.41
Shares outstanding71.32M
Float20.65M
Short % of float14.72%
Dividend yield0.00%
Beta (5Y)1.57

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-41.85
PEG ratio—
Price / sales—
Price / book34.85
EV / revenue2,914.31
EV / EBITDA-41.80
Gross margin0.25%
Operating margin-5823.04%
Profit margin0.00%
Return on equity-78.49%
Return on assets-44.34%
Debt / equity6.81
Current ratio9.63
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 $350.00K$0$0$700.00K— —
Operating revenue $350.00K$0$0$700.00K— —
Cost of revenue $539.00K$0$0$11.94M— —
Gross profit -$189.00K$0$0-$11.24M— —
Research & development $44.72M$32.34M$27.80M$20.84M— +38.3%
Selling, general & admin $32.03M$23.92M$15.78M$25.97M— +33.9%
Total operating expense $76.75M$56.26M$43.57M$46.81M— +36.4%
Operating income -$76.94M-$56.26M-$43.57M-$58.06M— -36.8%
Net interest income $4.21M$2.69M$1.36M-$448.00K— +56.5%
Pre-tax income -$72.78M-$53.59M-$42.21M-$58.51M— -35.8%
Tax provision —$0$0$0$0 —
Net income -$72.78M-$53.59M-$42.21M-$58.51M— -35.8%
Net income to common -$72.78M-$53.59M-$42.21M-$58.51M— -35.8%
Basic EPS -1.08-0.92-0.85-1.69— -17.4%
Diluted EPS -1.08-0.92-0.85-1.69— -17.4%
EBIT -$76.94M-$56.26M-$43.57M-$58.06M— -36.8%
EBITDA -$75.87M-$55.08M-$42.37M-$56.70M— -37.7%
Basic shares 67.40M58.40M49.74M34.51M— +15.4%
Diluted shares 67.40M58.40M49.74M34.51M— +15.4%

Options analytics

Account required
Put / call volume
0.16
Call-heavy session
Put / call open interest
0.13
Positioning, not flow
Max pain
22.00
-55.1% from spot
ATM implied vol
63.7%
Nearest strike to spot
Skew (10% OTM)
+67.1%
Puts bid over calls
Call volume
204
Contracts, this expiry
Put volume
33
Contracts, this expiry
Heaviest call OI
60.00
144 contracts
Heaviest put OI
45.00
24 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 -0.29-0.28 +1.5%
Mar 2026 -0.22-0.24 -9.7%
Dec 2025 -0.21-0.18 +14.3%
Sep 2025 -0.31-0.29 +6.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.29 4 $526.00K +511.6%
Next quarter -0.30 4 $684.00K +159.1%
Current year -1.11 4 $2.02M +477.7%
Next year -1.17 4 $6.73M +233.0%

Analyst targets & ownership

Account required
Mean target$56.50
High target$73.00
Low target$35.00
Implied upside15.40%
Analyst count6
ConsensusSTRONG BUY
Strong buy / Buy1 / 5
Hold0
Sell / Strong sell0 / 0
Held by insiders71.05%
Held by institutions15.42%
Institutions holding169
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
50.35
-2.77% from price
SMA 20
51.63
-5.17% from price
SMA 50
47.91
+2.20% from price
SMA 100
37.45
+30.72% from price
SMA 200
28.26
+73.26% from price
EMA 12
50.36
-2.79% from price
EMA 26
50.05
-2.17% from price
EMA 50
46.74
+4.74% from price
RSI (14)
47.1
Neutral
MACD (12,26,9)
0.32
Hist -0.74
ATR (14)
2.88
5.87% of price
Realised vol 30D
62.4%
Annualised
Bollinger upper
55.54
20, 2σ
Bollinger lower
47.71
20, 2σ
50 / 200 cross
Golden
47.91 vs 28.26
Trend bias
Above 200
+73.26%

Options chain

Account required
Expiry
Spot 48.96
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
2.03
More volatile than market
Correlation to SPY
0.30
Loosely linked
Realised vol 30D
62.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-36.5%
Peak to trough
Max drawdown 5Y
-95.0%
Peak to trough
ATR 14
2.88
5.87% of price
Beta (reported)
1.57
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
3.14M
Prior 2.77M
Change vs prior
+13.5%
Shorts adding
% of float
14.72%
Elevated
% of shares out
4.40%
Against total outstanding
Days to cover
5.2
Crowded exit
Float
20.65M
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

19 on file
DateFirm ActionFromTo
Oct 6, 26 Canaccord Genuity MAINTAINED Buy Buy
Sep 23, 26 BTIG INITIATED — Buy
Sep 9, 26 Freedom Capital Markets INITIATED — Buy
Aug 17, 26 Needham INITIATED — Buy
Aug 10, 26 Canaccord Genuity MAINTAINED Buy Buy
Jun 4, 26 Canaccord Genuity INITIATED — Buy
Jul 7, 25 Oppenheimer INITIATED — Outperform
Sep 21, 22 Maxim Group DOWNGRADE Buy Hold
May 13, 22 HC Wainwright & Co. DOWNGRADE Buy Neutral
Apr 1, 22 Stephens & Co. MAINTAINED — Overweight
Apr 1, 22 HC Wainwright & Co. MAINTAINED — Buy
Feb 10, 22 HC Wainwright & Co. MAINTAINED — 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.