SVRA

Savara Inc.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
4.65
▼ 0.13 (2.72%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
4.78
Day high
4.83
Day low
4.60
Volume
2.29M
Market cap
$955.39M
P/E (TTM)
—
52W range
3.34 – 7.01

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-8.46% -10.4%
1M
-13.41% -14.6%
3M
-27.12% -31.6%
6M
-19.55% -37.7%
YTD
-22.89% -37.1%
1Y
+33.24% +16.8%
3Y
+23.02% -59.2%
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

11 more panels on SVRA 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
+220.66K
Net buying
Buy transactions
2
615.19K shares
Sell transactions
1
394.53K shares
Net transactions
+3
Buys less sells
Sell : buy shares
0.6 : 1
Mixed
Insider-held shares
6.49M
Total on file
Bought 615.19KSold 394.53K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jul 15, 26
LUTZ ROBERT MATTHEW
Chief Operating Officer
STOCK 35.00K $0 Direct
Jun 22, 26
LOWRANCE DAVID L. CPA
Chief Financial Officer
SELL 394.53K $2.24M Direct
Jun 22, 26
LOWRANCE DAVID L. CPA
Chief Financial Officer
CONVERSION 580.19K $1.02M Direct
Mar 18, 26
LOWRANCE DAVID L. CPA
Chief Financial Officer
CONVERSION 366.75K $588.46K Direct
Feb 13, 26
MCCRACKEN JOSEPH S
Director
CONVERSION 1.81K $3.18K Direct
Dec 16, 25
LOWRANCE DAVID L. CPA
Chief Financial Officer
STOCK 32.00K $0 Direct
Dec 16, 25
PAULS MATTHEW
Chief Executive Officer
STOCK 129.00K $0 Direct
Dec 10, 25
PAULS MATTHEW
Chief Executive Officer
STOCK 23.63K $0 Direct
Dec 9, 25
ELAM NEVAN C
Director
STOCK 40.00K $0 Direct
Dec 9, 25
MCCRACKEN JOSEPH S
Director
STOCK 40.00K $0 Direct
Dec 9, 25
VAN ES-JOHANSSON AN
Director
STOCK 40.00K $0 Direct
Dec 9, 25
HAWKINS RICHARD JAMES
Director
STOCK 40.00K $0 Direct
Dec 2, 25
ELAM NEVAN C
Director
CONVERSION 5.86K $8.56K Direct
Nov 14, 25
HAWKINS RICHARD JAMES
Director
CONVERSION 5.86K $8.56K 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
ELAM NEVAN C
Director 106.89K Stock Award(Grant)
ERICKSON ANNE
Officer 434.67K Stock Award(Grant)
HAWKINS RICHARD JAMES
Director 161.33K Stock Award(Grant)
LOWRANCE DAVID L. CPA
Chief Financial Officer 536.03K Sale
LUTZ ROBERT MATTHEW
Chief Operating Officer 328.98K Stock Award(Grant)
MCCRACKEN JOSEPH S
Director 302.64K Conversion of Exercise of derivative security
PARKER BRADEN
Officer 105.00K Stock Award(Grant)
PAULS MATTHEW
Chief Executive Officer 1.19M Stock Gift
PRATT RAYMOND DENNIS M.D.
Officer 340.05K Stock Award(Grant)
VAN ES-JOHANSSON AN
Director 102.50K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$955.39M
Enterprise value$1.04B
Revenue (TTM)—
Gross profit$-86.84M
EBITDA$-142.70M
Net income$-139.31M
EPS (TTM)$-0.58
Free cash flow$-57.19M
Total cash$174.82M
Total debt$30.41M
Book value / share$0.57
Shares outstanding205.46M
Float129.75M
Short % of float24.66%
Dividend yield0.00%
Beta (5Y)0.20

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-14.90
PEG ratio—
Price / sales—
Price / book8.23
EV / revenue—
EV / EBITDA-7.27
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity-105.48%
Return on assets-50.14%
Debt / equity21.17
Current ratio10.13
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 $0$0$0$0 —
Operating revenue $0$0$0$0 —
Research & development $81.40M$78.03M$44.26M$27.88M +4.3%
Selling, general & admin $42.06M$25.04M$15.67M$10.93M +68.0%
Total operating expense $122.76M$102.40M$59.21M$38.04M +19.9%
Operating income -$122.76M-$102.40M-$59.21M-$38.04M -19.9%
Net interest income $4.16M$6.47M$4.44M-$88.00K -35.6%
Pre-tax income -$118.84M-$95.88M-$54.70M-$38.15M -23.9%
Net income -$118.84M-$95.88M-$54.70M-$38.15M -23.9%
Net income to common -$118.84M-$95.88M-$54.70M-$38.15M -23.9%
Basic EPS -0.53-0.48-0.33-0.25 -10.4%
Diluted EPS -0.53-0.48-0.33-0.25 -10.4%
EBIT -$122.76M-$102.40M-$59.21M-$38.04M -19.9%
EBITDA -$122.68M-$102.27M-$59.13M-$37.88M -20.0%
Basic shares 222.39M198.19M165.20M152.77M +12.2%
Diluted shares 222.39M198.19M165.20M152.77M +12.2%

Options analytics

Account required
Put / call volume
6.88
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.00
-57.0% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
8
Contracts, this expiry
Put volume
55
Contracts, this expiry
Heaviest call OI
2.00
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 -0.15-0.16 -9.6%
Mar 2026 -0.14— —
Dec 2025 -0.12-0.13 -11.4%
Sep 2025 -0.13-0.14 -6.1%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.16 5 $0 0.0%
Next quarter -0.15 5 $2.02M 0.0%
Current year -0.62 5 $2.02M 0.0%
Next year -0.31 5 $81.97M +3,963.5%

Analyst targets & ownership

Account required
Mean target$10.94
High target$16.00
Low target$9.00
Implied upside135.22%
Analyst count8
ConsensusNONE
Strong buy / Buy2 / 6
Hold0
Sell / Strong sell0 / 0
Held by insiders2.55%
Held by institutions106.75%
Institutions holding237
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
4.97
-6.37% from price
SMA 20
5.15
-9.68% from price
SMA 50
5.35
-13.08% from price
SMA 100
5.43
-14.39% from price
SMA 200
5.51
-15.57% from price
EMA 12
4.99
-6.86% from price
EMA 26
5.16
-9.82% from price
EMA 50
5.29
-12.11% from price
RSI (14)
31.8
Neutral
MACD (12,26,9)
-0.16
Hist -0.05
ATR (14)
0.25
5.47% of price
Realised vol 30D
37.9%
Annualised
Bollinger upper
5.59
20, 2σ
Bollinger lower
4.71
20, 2σ
50 / 200 cross
Death
5.35 vs 5.51
Trend bias
Below 200
-15.57%

Options chain

Account required
Expiry
Spot 4.65
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
1.30
More volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
37.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-33.0%
Peak to trough
Max drawdown 5Y
-65.3%
Peak to trough
ATR 14
0.25
5.47% of price
Beta (reported)
0.20
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
43.34M
Prior 38.51M
Change vs prior
+12.6%
Shorts adding
% of float
24.66%
Heavily shorted
% of shares out
21.10%
Against total outstanding
Days to cover
29.3
Crowded exit
Float
129.75M
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

55 on file
DateFirm ActionFromTo
Dec 23, 25 HC Wainwright & Co. MAINTAINED Buy Buy
Dec 18, 25 Wells Fargo MAINTAINED Overweight Overweight
Nov 14, 25 Oppenheimer MAINTAINED Outperform Outperform
Nov 13, 25 Citizens MAINTAINED Market Outperform Market Outperform
Oct 23, 25 JMP Securities MAINTAINED Market Outperform Market Outperform
Sep 9, 25 Guggenheim MAINTAINED Buy Buy
Sep 8, 25 Oppenheimer MAINTAINED Outperform Outperform
Sep 3, 25 HC Wainwright & Co. MAINTAINED Buy Buy
Aug 15, 25 Oppenheimer MAINTAINED Outperform Outperform
Aug 15, 25 HC Wainwright & Co. UPGRADE Neutral Buy
Jun 1, 25 Oppenheimer MAINTAINED Outperform Outperform
May 29, 25 HC Wainwright & Co. DOWNGRADE Buy Neutral

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay dateApr 28, 2017
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.