TRVI

Trevi Therapeutics, Inc.
NasdaqGMUSDEQUITY Healthcare DELAYED
Last price
13.20
▼ 0.52 (3.79%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
13.20
Prev close
13.72
Day high
13.83
Day low
13.00
Volume
5.00M
Market cap
$1.88B
P/E (TTM)
—
52W range
9.28 – 20.22

Day trading desk

Current session · delayed
Gap from prior close
-3.79%
Prior close 13.72
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
—
13.20 – 13.20
Position in range
—
—
ATR (14D)
0.61
4.59% of price
Prior day high
14.11
PDH
Prior day low
13.51
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 1.92M

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
-8.60% -10.5%
1M
-23.64% -24.8%
3M
-29.10% -33.6%
6M
+0.61% -17.6%
YTD
+5.27% -9.0%
1Y
+33.40% +17.0%
3Y
+504.59% +422.3%
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 TRVI 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
1
39.47K shares
Sell transactions
1
39.47K shares
Net transactions
+2
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
894.75K
Total on file
Bought 39.47KSold 39.47K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
HEFFERNAN MICHAEL THOMAS
Director
SELL 39.47K $595.81K Direct
Sep 15, 26
HEFFERNAN MICHAEL THOMAS
Director
CONVERSION 39.47K $126.10K Direct
Dec 2, 25
GALLETTA CHRISTOPHER
Officer
CONVERSION 4.22K $2.16K Direct
Apr 17, 25
BASKETT FOREST
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
WALKER PAUL EDWARD
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
FLORENCE ANTHONY A JR
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
BEHBAHANI ALI
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
MAKHZOUMI MOHAMAD
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
NEW ENTERPRISE ASSOCIATES 16, L.P.
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
CHANG CARMEN
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Apr 17, 25
SANDELL SCOTT D
Beneficial Owner of more than 10% of a Class of Security
CONVERSION 1.85M $2.54M Indirect
Mar 25, 25
SCIASCIA THOMAS R
Officer
SELL 2.63K $17.36K Direct
Mar 25, 25
SCIASCIA THOMAS R
Officer
CONVERSION 2.63K $3.76K Direct
Mar 21, 25
GOOD JENNIFER L
Chief Executive Officer
SELL 5.26K $34.63K 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
BASKETT FOREST
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
BEHBAHANI ALI
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
CHANG CARMEN
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
FLORENCE ANTHONY A JR
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
GOOD JENNIFER L
Chief Executive Officer 213.31K Sale
MAKHZOUMI MOHAMAD
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
NEW ENTERPRISE ASSOCIATES 16, L.P.
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
SANDELL SCOTT D
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security
SCIASCIA THOMAS R
Officer 221.37K Sale
WALKER PAUL EDWARD
Beneficial Owner of more than 10% of a Class of Security — Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$1.88B
Enterprise value$1.56B
Revenue (TTM)—
Gross profit—
EBITDA$-59.42M
Net income$-51.11M
EPS (TTM)$-0.35
Free cash flow$-33.28M
Total cash$318.87M
Total debt$605.00K
Book value / share$2.26
Shares outstanding142.48M
Float118.32M
Short % of float9.40%
Dividend yield0.00%
Beta (5Y)0.98

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-22.84
PEG ratio—
Price / sales—
Price / book5.84
EV / revenue—
EV / EBITDA-26.25
Gross margin0.00%
Operating margin0.00%
Profit margin0.00%
Return on equity-19.66%
Return on assets-13.82%
Debt / equity0.19
Current ratio37.28
Free account required

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

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $0$0$0$0 —
Operating revenue $0$0$0$0 —
Research & development $33.48M$39.38M$23.68M$19.83M -15.0%
Selling, general & admin $15.85M$12.15M$10.24M$10.07M +30.5%
Total operating expense $49.33M$51.52M$33.92M$29.91M -4.3%
Operating income -$49.33M-$51.52M-$33.92M-$29.91M +4.3%
Net interest income $6.54M$3.60M$4.36M$577.00K +81.7%
Pre-tax income -$42.82M-$47.94M-$29.10M-$29.19M +10.7%
Tax provision -$64.00K-$30.00K-$32.00K-$36.00K -113.3%
Net income -$42.76M-$47.91M-$29.07M-$29.15M +10.8%
Net income to common -$42.76M-$47.91M-$29.07M-$29.15M +10.8%
Basic EPS -0.32-0.47-0.29-0.45 +31.9%
Diluted EPS -0.32-0.47-0.29-0.45 +31.9%
EBIT -$42.82M-$47.94M-$28.71M-$28.02M +10.7%
EBITDA -$42.68M-$47.79M-$28.58M-$27.98M +10.7%
Basic shares 134.75M101.97M99.03M64.54M +32.1%
Diluted shares 134.75M101.97M99.03M64.54M +32.1%

Options analytics

Account required
Put / call volume
0.11
Call-heavy session
Put / call open interest
0.10
Positioning, not flow
Max pain
14.00
+6.2% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
+294.1%
Puts bid over calls
Call volume
2.56K
Contracts, this expiry
Put volume
293
Contracts, this expiry
Heaviest call OI
17.00
2.52K contracts
Heaviest put OI
15.00
596 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 -0.11-0.11 -0.9%
Mar 2026 -0.07-0.09 -23.3%
Dec 2025 -0.10-0.06 +37.2%
Sep 2025 -0.10-0.08 +19.1%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.13 10 $0 0.0%
Next quarter -0.14 10 $0 0.0%
Current year -0.48 10 $0 0.0%
Next year -0.58 10 $0 0.0%

Analyst targets & ownership

Account required
Mean target$28.18
High target$40.00
Low target$23.00
Implied upside113.50%
Analyst count11
ConsensusSTRONG BUY
Strong buy / Buy2 / 8
Hold0
Sell / Strong sell0 / 0
Held by insiders0.63%
Held by institutions107.74%
Institutions holding284
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
14.17
-6.83% from price
SMA 20
14.82
-11.05% from price
SMA 50
16.68
-21.00% from price
SMA 100
16.38
-19.40% from price
SMA 200
14.28
-7.68% from price
EMA 12
14.29
-7.66% from price
EMA 26
15.15
-12.88% from price
EMA 50
15.86
-16.80% from price
RSI (14)
21.1
Oversold
MACD (12,26,9)
-0.86
Hist -0.07
ATR (14)
0.61
4.60% of price
Realised vol 30D
35.3%
Annualised
Bollinger upper
16.45
20, 2σ
Bollinger lower
13.19
20, 2σ
50 / 200 cross
Golden
16.68 vs 14.28
Trend bias
Below 200
-7.68%

Options chain

Account required
Expiry
Spot 13.20
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
1.04
More volatile than market
Correlation to SPY
0.24
Largely independent
Realised vol 30D
35.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-32.4%
Peak to trough
Max drawdown 5Y
-75.1%
Peak to trough
ATR 14
0.61
4.60% of price
Beta (reported)
0.98
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
12.07M
Prior 12.66M
Change vs prior
-4.6%
Shorts covering
% of float
9.40%
Normal
% of shares out
8.47%
Against total outstanding
Days to cover
8.3
Crowded exit
Float
118.32M
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

86 on file
DateFirm ActionFromTo
Aug 14, 26 Jones Trading MAINTAINED Buy Buy
Aug 7, 26 Oppenheimer MAINTAINED Outperform Outperform
Aug 7, 26 Cantor Fitzgerald MAINTAINED Overweight Overweight
Jul 21, 26 BMO Capital INITIATED Outperform Outperform
Jul 20, 26 B. Riley Securities MAINTAINED Buy Buy
Jul 20, 26 HC Wainwright & Co. MAINTAINED Buy Buy
May 20, 26 Needham MAINTAINED Buy Buy
May 6, 26 HC Wainwright & Co. MAINTAINED Buy Buy
May 6, 26 Needham MAINTAINED Buy Buy
Apr 17, 26 D. Boral Capital MAINTAINED Buy Buy
Mar 19, 26 Jones Trading MAINTAINED Buy Buy
Mar 18, 26 Morgan Stanley MAINTAINED Overweight Overweight

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.