TMCI

Treace Medical Concepts, Inc.
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
4.00
▼ 0.48 (10.71%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
4.90
Prev close
4.48
Day high
4.53
Day low
3.98
Volume
652.04K
Market cap
$260.14M
P/E (TTM)
—
52W range
1.17 – 7.08

Day trading desk

Current session · delayed
Gap from prior close
+9.37%
Prior close 4.48
VWAP
4.14
-3.38% from price
Relative volume
1.93×
Unusually busy
Session range
23.12%
3.98 – 4.90
Position in range
2%
Near session low
ATR (14D)
0.23
5.72% of price
Prior day high
4.54
PDH
Prior day low
4.24
PDL
Bid / ask spread
—
Quote not published
Session volume
641.91K
Avg 333.45K

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
-13.42% -15.4%
1M
-16.84% -18.0%
3M
-6.54% -11.1%
6M
+198.51% +180.3%
YTD
+63.27% +49.0%
1Y
-37.11% -53.5%
3Y
-69.49% -151.7%
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 TMCI 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
16.41M
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 24, 26
TREACE JOHN T.
Chief Executive Officer
BUY 55.94K $246.65K Direct
Jun 11, 26
TREACE JOHN T.
Chief Executive Officer
BUY 52.32K $210.97K Direct
Jun 11, 26
TREACE JOHN T.
Chief Executive Officer
BUY 24.61K $99.20K Direct
Jun 1, 26
TREACE JOHN T.
Chief Executive Officer
BUY 50.00K $177.91K Direct
May 28, 26
TREACE JOHN T.
Chief Executive Officer
BUY 115.52K $340.59K Direct
May 19, 26
HAMILTON LAWRENCE W
Director
STOCK 30.00K $0 Direct
May 19, 26
BAKEWELL JOHN K
Director
STOCK 30.00K $0 Direct
May 19, 26
BERRY LANCE A
Director
STOCK 30.00K $0 Direct
May 19, 26
JAIN DEEPTI
Director
STOCK 30.00K $0 Direct
May 19, 26
HANNA BETSY
Director
STOCK 30.00K $0 Direct
May 19, 26
KIERNAN JANE E.
Director
STOCK 30.00K $0 Direct
May 14, 26
TREACE JOHN T.
Chief Executive Officer
BUY 153.76K $375.50K Direct
Apr 1, 26
HAIR MARK
Chief Financial Officer
STOCK 100.00K $0 Direct
Feb 10, 26
SCANLAN SEAN F
Officer
CONVERSION 16.88K $17.72K 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
BAKEWELL JOHN K
Director 546.36K Stock Award(Grant)
BERUTTI AARON
Officer 212.54K Stock Award(Grant)
ELDER SCOT MICHAEL
Officer 796.79K Stock Award(Grant)
GUGLIELMINO GAETANO
Officer 490.90K Stock Award(Grant)
GUGLIELMINO GUY
Officer 363.00K Stock Award(Grant)
HAIR MARK
Chief Financial Officer 963.55K Stock Award(Grant)
JAIN DEEPTI
Director 100.24K Stock Award(Grant)
MOTT RICHARD W
Director 1.10M Stock Award(Grant)
SCANLAN SEAN F
Officer 706.47K Conversion of Exercise of derivative security
TREACE JOHN T.
Chief Executive Officer 12.73M Purchase

Fundamentals

TTM · reported
Market cap$260.14M
Enterprise value$287.57M
Revenue (TTM)$205.31M
Gross profit$163.12M
EBITDA$-46.35M
Net income$-59.52M
EPS (TTM)$-0.92
Free cash flow$-6.25M
Total cash$45.62M
Total debt$73.05M
Book value / share$1.04
Shares outstanding65.03M
Float47.80M
Short % of float3.35%
Dividend yield0.00%
Beta (5Y)1.49

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-4.71
PEG ratio—
Price / sales—
Price / book3.84
EV / revenue1.40
EV / EBITDA-6.20
Gross margin79.45%
Operating margin-32.97%
Profit margin-28.99%
Return on equity-71.99%
Return on assets-17.33%
Debt / equity107.84
Current ratio2.90
Free account required

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

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $212.69M$209.36M$187.12M$141.84M +1.6%
Operating revenue $212.69M$209.36M$187.12M$141.84M +1.6%
Cost of revenue $42.94M$41.09M$35.18M$25.53M +4.5%
Gross profit $169.75M$168.26M$151.94M$116.31M +0.9%
Research & development $20.28M$20.59M$15.44M$13.58M -1.5%
Selling, general & admin $203.62M$203.36M$187.93M$137.57M +0.1%
Total operating expense $223.91M$223.95M$203.37M$151.15M -0.0%
Operating income -$54.15M-$55.69M-$51.43M-$34.84M +2.8%
Net interest income -$2.54M-$379.00K$1.56M-$3.08M -571.0%
Pre-tax income -$59.00M-$55.74M-$49.53M-$42.81M -5.8%
Net income -$59.00M-$55.74M-$49.53M-$42.81M -5.8%
Net income to common -$59.00M-$55.74M-$49.53M-$42.81M -5.8%
Basic EPS -0.93-0.90-0.81-0.77 -3.3%
Diluted EPS -0.93-0.90-0.81-0.77 -3.3%
EBIT -$53.68M-$50.49M-$44.36M-$38.42M -6.3%
EBITDA -$43.06M-$42.07M-$39.01M-$36.28M -2.4%
Basic shares 63.27M62.11M60.85M55.28M +1.9%
Diluted shares 63.27M62.11M60.85M55.28M +1.9%

Options analytics

Account required
Put / call volume
0.10
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-37.5% from spot
ATM implied vol
50.0%
Nearest strike to spot
Skew (10% OTM)
-50.0%
Calls bid over puts
Call volume
10
Contracts, this expiry
Put volume
1
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 -0.30-0.20 +33.3%
Mar 2026 -0.31-0.12 +62.8%
Dec 2025 -0.14-0.08 +44.1%
Sep 2025 -0.27-0.22 +18.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.25 1 $47.71M -5.0%
Next quarter -0.11 1 $67.30M +7.6%
Current year -0.85 5 $207.47M -2.5%
Next year -0.85 1 $221.73M +6.9%

Analyst targets & ownership

Account required
Mean target$5.50
High target$7.00
Low target$4.50
Implied upside37.50%
Analyst count3
ConsensusNONE
Strong buy / Buy0 / 1
Hold3
Sell / Strong sell0 / 1
Held by insiders25.24%
Held by institutions49.68%
Institutions holding151
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
4.43
-9.69% from price
SMA 20
4.48
-10.65% from price
SMA 50
4.54
-11.84% from price
SMA 100
4.19
-4.54% from price
SMA 200
3.09
+29.37% from price
EMA 12
4.41
-9.25% from price
EMA 26
4.47
-10.59% from price
EMA 50
4.42
-9.40% from price
RSI (14)
35.3
Neutral
MACD (12,26,9)
-0.07
Hist -0.04
ATR (14)
0.23
5.72% of price
Realised vol 30D
55.2%
Annualised
Bollinger upper
4.75
20, 2σ
Bollinger lower
4.21
20, 2σ
50 / 200 cross
Golden
4.54 vs 3.09
Trend bias
Above 200
+29.37%

Options chain

Account required
Expiry
Spot 4.00
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
1.55
More volatile than market
Correlation to SPY
0.23
Largely independent
Realised vol 30D
55.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-82.7%
Peak to trough
Max drawdown 5Y
-95.7%
Peak to trough
ATR 14
0.23
5.72% of price
Beta (reported)
1.49
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
1.74M
Prior 1.60M
Change vs prior
+8.8%
Shorts adding
% of float
3.35%
Normal
% of shares out
2.67%
Against total outstanding
Days to cover
6.8
Crowded exit
Float
47.80M
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

65 on file
DateFirm ActionFromTo
Aug 10, 26 Truist Securities MAINTAINED Hold Hold
Jul 16, 26 Truist Securities MAINTAINED Hold Hold
Mar 2, 26 Lake Street MAINTAINED Buy Buy
Jan 7, 26 Stifel MAINTAINED Hold Hold
Dec 18, 25 Truist Securities MAINTAINED Hold Hold
Nov 10, 25 Truist Securities MAINTAINED Hold Hold
Nov 7, 25 UBS MAINTAINED Neutral Neutral
Nov 7, 25 JP Morgan DOWNGRADE Neutral Underweight
Nov 7, 25 BTIG DOWNGRADE Buy Neutral
Oct 15, 25 Truist Securities MAINTAINED Hold Hold
Sep 4, 25 Truist Securities MAINTAINED Hold Hold
Aug 8, 25 UBS MAINTAINED Neutral Neutral

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.