VNDA

Vanda Pharmaceuticals Inc.
NasdaqGMUSDEQUITY Healthcare DELAYED
Last price
5.27
▼ 0.11 (2.03%)
MARKET ·

Price

Open
5.18
Prev close
5.38
Day high
5.42
Day low
5.27
Volume
656.68K
Market cap
$319.24M
P/E (TTM)
52W range
4.27 – 9.94

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+1.15% +2.5%
1M
-1.49% -5.2%
3M
-14.98% -18.1%
6M
-8.33% -19.4%
YTD
-40.14% -52.4%
1Y
+14.78% -5.2%
3Y
-8.65% -82.8%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Fundamentals

TTM · reported
Market cap$319.24M
Enterprise value$172.05M
Revenue (TTM)$215.72M
Gross profit$202.22M
EBITDA$-177.05M
Net income$-274.85M
EPS (TTM)$-4.64
Free cash flow$-86.72M
Total cash$170.03M
Total debt$22.83M
Book value / share$4.67
Shares outstanding60.46M
Float47.66M
Short % of float12.88%
Dividend yield
Beta (5Y)0.64

Valuation & profitability ratios

Account required
Trailing P/E
Forward P/E26.40
PEG ratio2.23
Price / sales
Price / book1.13
EV / revenue0.80
EV / EBITDA-0.97
Gross margin93.74%
Operating margin-126.28%
Profit margin-127.41%
Return on equity-77.81%
Return on assets-22.38%
Debt / equity10.37
Current ratio1.61
Free account required

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

Financial statements

Annual · as reported
Last 4 fiscal years
Line item2025202420232022
Total revenue$216.10M$198.77M$192.64M$254.38M
Cost of revenue$0$0$0$0
Gross profit$0$0$0$0
R&D
SG&A
Operating income
Pre-tax income
Tax provision$0$0$0$0
Net income-$220.47M-$18.90M$2.51M$6.28M
EBIT$0$0$0$0

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.59-1.04 -77.0%
Mar 2026 -0.69-0.82 -19.3%
Dec 2025 -1.33-2.39 -80.4%
Sep 2025 -0.45-0.38 +16.2%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.68 4 $69.20M +23.0%
Next quarter -0.49 4 $77.05M +34.7%
Current year -3.02 4 $248.66M +15.1%
Next year -1.03 4 $336.93M +35.5%

Analyst targets & ownership

Account required
Mean target$12.19
High target$20.00
Low target$5.75
Implied upside131.24%
Analyst count4
ConsensusSTRONG BUY
Strong buy / Buy0 / 3
Hold1
Sell / Strong sell0 / 0
Held by insiders6.61%
Held by institutions83.47%
Institutions holding234
Free account required

Price targets, consensus spread, insider and institutional ownership.

Insider net activity

6m · Form 4 rollup
Net shares
+68.19K
Net buying
Buy transactions
9
412.54K shares
Sell transactions
6
344.34K shares
Net transactions
+15
Buys less sells
Sell : buy shares
0.8 : 1
Mixed
Insider-held shares
4.00M
Total on file
Bought 412.54KSold 344.34K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 4, 26
DUGAN RICHARD W
Director
STOCK 41.60K $0 Direct
Jun 4, 26
CHROUSOS PHAEDRA
Director
STOCK 41.60K $0 Direct
Jun 4, 26
WARD ANNE SEMPOWSKI
Director
STOCK 41.60K $0 Direct
Jun 4, 26
MITCHELL STEPHEN RAY
Director
STOCK 41.60K $0 Direct
Jun 4, 26
HONORE TAGE
Director
STOCK 41.60K $0 Direct
Jun 4, 26
DUNCAN CHARLES CLIFF
Director
STOCK 41.60K $0 Direct
Jun 4, 26
MCGUIRE DANIEL PATRICK
General Counsel
STOCK 80.00K $0 Direct
May 18, 26
MITCHELL STEPHEN RAY
Director
STOCK 25.84K $0 Direct
Apr 22, 26
DUNCAN CHARLES CLIFF
Director
STOCK 57.10K $0 Direct
Mar 2, 26
WIJKSTROM JOAKIM PER
Officer
SELL 30.80K $254.59K Direct
Mar 2, 26
MORAN KEVIN PATRICK
Chief Financial Officer
SELL 42.44K $350.82K Direct
Mar 2, 26
POLYMEROPOULOS MIHAEL HRISTOS
Chief Executive Officer
SELL 156.24K $1.28M Direct
Mar 2, 26
BIRZNIEKS GUNTHER
Officer
SELL 42.43K $350.73K Direct
Mar 2, 26
WILLIAMS TIMOTHY IAN
General Counsel
SELL 42.43K $350.75K 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
BIRZNIEKS GUNTHER
Officer 494.20K Sale
CHROUSOS PHAEDRA
Director 164.95K Stock Award(Grant)
DUGAN RICHARD W
Director 219.05K Stock Award(Grant)
HONORE TAGE
Director 135.07K Stock Award(Grant)
MITCHELL STEPHEN RAY
Director 112.85K Stock Award(Grant)
MORAN KEVIN PATRICK
Chief Financial Officer 412.01K Sale
POLYMEROPOULOS MIHAEL HRISTOS
Chief Executive Officer 2.70M Sale
WARD ANNE SEMPOWSKI
Director 160.67K Stock Award(Grant)
WIJKSTROM JOAKIM PER
Officer 333.47K Sale
WILLIAMS TIMOTHY IAN
General Counsel 377.45K Sale

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
5.23
+0.74% from price
SMA 20
5.19
+1.73% from price
SMA 50
5.61
-5.87% from price
SMA 100
6.15
-14.31% from price
SMA 200
6.53
-19.09% from price
EMA 12
5.28
-0.19% from price
EMA 26
5.35
-1.49% from price
EMA 50
5.59
-5.76% from price
RSI (14)
47.6
Neutral
MACD (12,26,9)
-0.07
Hist 0.07
ATR (14)
0.28
5.38% of price
Realised vol 30D
44.2%
Annualised
Bollinger upper
5.50
20, 2σ
Bollinger lower
4.88
20, 2σ
50 / 200 cross
Death
5.61 vs 6.53
Trend bias
Below 200
-19.09%

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.82
Less volatile than market
Correlation to SPY
0.13
Largely independent
Realised vol 30D
44.2%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-48.4%
Peak to trough
Max drawdown 5Y
-84.0%
Peak to trough
ATR 14
0.28
5.38% of price
Beta (reported)
0.64
5Y monthly, from filing

Unusual options activity

Account required
Flagged1
Total notional$55.00K
Call notional$55.00K
Put notional$0
Tiltcall-weighted
Likely opening1 of 1
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
CALL 5.00 Sep 18, 26
26d
1.00K 36 27.8× $55.00K 65% mid
63
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Options analytics

Account required
Put / call volume
0.62
Call-heavy session
Put / call open interest
0.42
Positioning, not flow
Max pain
6.00
+13.6% from spot
ATM implied vol
64.8%
Nearest strike to spot
Skew (10% OTM)
-0.8%
Calls bid over puts
Call volume
1.28K
Contracts, this expiry
Put volume
800
Contracts, this expiry
Heaviest call OI
9.00
1.15K contracts
Heaviest put OI
5.00
706 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.

Options chain

Account required
ExpirySpot 5.27
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.

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.