Invesaro

Stocks Health care TRAX

NASDAQ · Health care

First Tracks Biotherapeutics, Inc. (TRAX)

At September 30, 2026 it held $155.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.

Free, no password. An email when TRAX files with the SEC.

Price
$51.32
+3.26% on the day · November 10, 2026
52-week range $14.72 to $54.78
Market cap
$1.8B

Key facts about First Tracks Biotherapeutics, Inc.

Net worth
First Tracks Biotherapeutics, Inc. has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of $151M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
First Tracks Biotherapeutics, Inc.'s next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What First Tracks Biotherapeutics, Inc. does

First Tracks Biotherapeutics, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on NASDAQ under the ticker TRAX.

Earnings: every quarter and the next report date

Next report expected around January 29, 2027.

Estimated from its filing rhythm: about 87 days after its last report of November 3, 2026, its usual gap. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Latest SEC filings

What First Tracks Biotherapeutics, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 6, 2026
  2. November 3, 2026
    Quarterly report 10-Q · period to September 30, 2026Diluted EPS -$0.88 versus -$1.50.
  3. November 3, 2026
  4. October 27, 2026
  5. October 26, 2026
  6. October 20, 2026
  7. October 15, 2026
  8. October 13, 2026
  9. August 14, 2026
  10. August 14, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 3, 2026. Insider transactions on SEC

Insider trades

What the people running First Tracks Biotherapeutics, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $1.8M worth of shares in the last 90 days and bought none on the open market.

Bought (open market)
$0
last 90 days
Sold
$1.8M
last 90 days
Net sold
39,265
$1.8M
DateInsiderWhatSharesPriceValueFiling
September 15, 2026 Orwin John ADirector Exercised options 1,300 - - Form 4
September 2, 2026 Ware J. AnthonyDirector Exercised options 39,265 $5.74 $225.4K Form 4
September 2, 2026 Ware J. AnthonyDirector Sold 39,265 $44.78 $1.8M Form 4
June 15, 2026 Fenton Dennis MDirector Exercised options 6,030 - - Form 4
June 15, 2026 Orwin John ADirector Exercised options 6,030 - - Form 4
June 15, 2026 Schmid John P.Director Exercised options 6,030 - - Form 4
June 15, 2026 Marquet MagdaDirector Exercised options 6,030 - - Form 4
June 15, 2026 Jain RitaDirector Exercised options 7,330 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns TRAX

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
EcoR1 Capital, LLC13G, passive with 2 related filers 9.1% 3,174,519 April 22, 2026
Chen Yu13G, passive with 4 related filers 8.3% 2,895,304 August 14, 2026
BlackRock, Inc.13G, passive 7.2% 2,558,473 October 27, 2026
Sirenia Capital Management LP13G, passive with 1 related filers 7.2% 2,495,777 August 14, 2026
Fmr LLC13G, passive with 1 related filers 5.9% 2,054,127 August 6, 2026
Affinity Asset Advisors, LLC13G, passive with 1 related filers 5.8% 2,032,012 August 13, 2026

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 149 managers reported a position.

HolderSharesValueChange on quarter
EcoR1 Capital, LLC3,174,519$63.9Mnew
TCG Crossover Management, LLC2,895,304$58.3Mnew
Fmr LLC2,054,127$41.3Mnew
Affinity Asset Advisors, LLC2,032,012$40.9Mnew
BlackRock, Inc.1,963,541$39.5Mnew
Trails Edge Capital Partners, LP1,514,000$30.5Mnew
Vanguard Capital Management LLC1,451,909$29.2Mnew
Jupiter Topco LLC1,091,464$22Mnew
Vestal Point Capital, LP1,013,000$20.4Mnew
Woodline Partners LP917,176$18.5Mnew
Sanofi821,917$16.5Mnew
Morgan Stanley781,534$15.7Mnew
683 Capital Management, LLC750,000$15.1Mnew
Adage Capital Partners GP, L.L.C.729,000$14.7Mnew
Balyasny Asset Management L.P.714,948$14.4Mnew
Geode Capital Management, LLC702,087$14.1Mnew
Bank of America Corp647,962$13Mnew
Stempoint Capital LP622,723$12.5Mnew
Palo Alto Investors LP603,489$12.1Mnew
Sofinnova Investments, Inc.565,199$11.4Mnew

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

7 insiders reported holding 3,291,975 shares in total, about $168.9M at the last price.

HolderSharesAs of
EcoR1 Capital, LLC10% owner 3,174,5193,174,519 held indirectly April 20, 2026
Schmid John P.Director 37,652 June 15, 2026
Jain RitaDirector 19,194 June 15, 2026
Orwin John ADirector 17,995 September 15, 2026
Marquet MagdaDirector 15,960 June 15, 2026
Ware J. AnthonyDirector 15,660 September 2, 2026
Fenton Dennis MDirector 10,995 June 15, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about TRAX

What does First Tracks Biotherapeutics, Inc. do?

First Tracks Biotherapeutics, Inc. is a company in the Health care sector, listed on NASDAQ as TRAX. Its shares trade on NASDAQ under the ticker TRAX.

What is First Tracks Biotherapeutics, Inc.'s net worth?

First Tracks Biotherapeutics, Inc. has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of $151M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

When did First Tracks Biotherapeutics, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 6, 2026.

When is First Tracks Biotherapeutics, Inc.'s next earnings report?

First Tracks Biotherapeutics, Inc.'s next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Similar companies

Compare TRAX with

Compare TRAX with any company

Follow TRAX

Get an email when First Tracks Biotherapeutics, Inc. files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when TRAX files with the SEC.

Where the numbers come from

Financial figures are the values First Tracks Biotherapeutics, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.