SVRA Savara Inc.

XNAS 4.82 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

SVRA $4.82 —
Key stats
$4.82
52-Week Range
$3.86 – $7.00
YTD
-14.60%
IV Rank (30D)
53.06
Straddle Price
$2.30
P/C Vol Ratio (Dec 18 expiry)
3.90
Market Cap
$0.9B
Open
$4.46
Day Range
$4.41 – $4.85
Volume
1,564,068
Prev Close
$4.38
Fair Value
+26.8% vs price

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.95%
Beta vs SPY1.03
Cost of Equity (CAPM)10.62% (VRP-adj)
WACC10.48%
Volatility Risk Premium+169.1pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$-0.1B
Return on Equity (TTM)-97.0%
Book / Price13.6%
Debt / Equity0.21
Quality Score1/6 — cyclical/struggling (5y DCF)
SMA 50$5.00 (Market Anchor value)
SMA 20 / Bollinger Mid$4.70
Bollinger Width / SMA20351.2% (drives anchor stability)
Net Debt$-0.0B
Market Cap$1B
Peers used for multiples: COGT, CORT, GH, MANE, MIRM, SYRE, TVTX, UTHR
Blended Fair Value
$6.12
Deviation
+26.8%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B $6.12 100% median 10.3× · 5 peers
Peer P/S n/a 0% median 8.9× · 5 peers
Market Anchor (SMA50) $5.00 0% stability 0% (BB-width)
Options Expected (B-L 30d) $3.96 0% 5 strikes · skew +1.52
As of 2026-11-06 · updated
About
Industry (SIC)
PHARMACEUTICAL PREPARATIONS (2834) · industry map
Exchange
XNAS
Market Cap
$0.9B
Employees
70
List Date
1996-11-18
CIK
0001160308
Next Earnings
2026-11-11
EPS Forecast
($0.16)
Headquarters
Austin, TX
Homepage
https://www.savarapharma.com

Savara Inc is a clinical-stage biopharmaceutical company. It is focused on rare respiratory diseases. It has one segment specialty pharmaceuticals within the respiratory system. The company's main product candidate, molgramostim, is an inhaled granulocyte-macrophage colony-stimulating factor (GM-CSF) in Phase 3 development for autoimmune pulmonary alveolar proteinosis (aPAP).

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan30.77%-9.56%62.50%13.04%-12.05%-4.26%13.41%
Feb10.39%-6.45%0.00%-0.20%-11.07%9.06%0.29%
Mar14.29%13.91%-21.37%-3.49%19.40%-9.15%2.26%
Apr-15.56%-10.61%2.73%-5.37%11.89%-6.09%-3.83%
May1.69%11.02%43.98%-17.37%-30.06%1.56%1.80%
Jun-6.08%16.03%9.04%-0.49%-5.00%19.61%5.52%
Jul-21.95%5.19%12.93%-0.86%26.34%-10.05%1.93%
Aug21.09%-14.88%1.40%-5.95%26.64%1.13%4.91%
Sep-9.80%9.93%-1.56%0.71%7.85%-3.55%0.60%
Oct-13.43%-20.13%2.81%-8.90%17.23%-4.46%-4.48%
Nov-10.74%33.90%5.48%-6.67%47.31%2.01%*11.88%
Dec14.81%-0.64%20.51%-7.11%3.25%--6.16%
Total0.63%16.07%203.58%-37.17%113.61%-7.47%48.21%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $4.70
SMA 50: $4.98
SMA 200: $5.36
Current: $4.83
EMA 12: $4.71
EMA 26: $4.78
MACD: -0.0761 | Signal: 0.0182
BEARISH
ADX (14): 17.56
RANGE
+DI: 19.42
−DI: 24.69

Momentum Oscillators

RSI (14): 50.81
NEUTRAL
Stoch %K: 48.92
Stoch %D: 51.13
Williams %R: -30.85

Volume & Volatility

BB Upper: $5.07
BB Lower: $4.32
NEUTRAL
OBV: -47,740,467
Vol SMA 20: 2,481,162
Vol ROC: -44.86%
ATR: $0.30
True Range: $0.47
HV 20: 72.1%
HV 30: 63.2%
HV 60: 51.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-07T00:00:00 – 2026-11-05T00:00:00
AI Analysis

Here is my analysis report based on the provided data:

Executive Summary

Overall assessment: NEUTRAL with confidence level (6/10)

Key drivers and primary risks:

  • Technical indicators suggest a range-bound market, with recent price action being driven by momentum oscillators.
  • Recent news headlines have been positive, but not overly bullish.
  • Options activity suggests a moderate level of volatility.

Investment thesis: SVRA's recent price action has been impacted by both technical and fundamental factors. While the stock is not currently in an obvious uptrend or downtrend, the range-bound market could provide opportunities for trading.

Recent news sentiment impact: The positive news headlines have had a neutral-to-bullish impact on the stock's price, but the overall sentiment remains cautious due to the lack of clear direction.

Technical Analysis

Trend Direction:

  • Short-term: Range-bound
  • Medium-term: Uptrend (SMA 50 > SMA 20)
  • Long-term: Downtrend (SMA 200 < current price)

Support/Resistance Levels: The recent high at $5.41 represents the upper Bollinger Band and a key resistance level. The middle band ($5.11) could serve as support.

Momentum Signals:

  • RSI interpretation: Neutral (45.69)
  • MACD signal: Bearish
  • Bollinger Bands position: Neutral

Volume Analysis: The recent volume trend is down, with a decline in trading activity over the past few days. The On-Balance Volume (OBV) indicator also suggests a bearish momentum.

News & Sentiment Analysis

Recent Headlines Summary:

  • Positive news headlines have dominated recent market commentary.
  • Regulatory updates and conference participation have been highlighted as key drivers of the stock's price action.

Sentiment Assessment: The overall sentiment is positive, with a slight tilt towards caution due to the lack of clear direction in the stock's price.

Catalyst Identification: No clear catalysts are currently driving SVRA's price action. The upcoming earnings report could provide insight into future growth prospects.

Market Narrative: The recent news headlines have been aligned with the technical signals, suggesting a range-bound market.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: 1.05 (above average)
  • Alpha: 0.51
  • Correlation: 0.19
  • Stock Volatility: 0.67 (above average)

Options Market Signals: The IV rank is 27.5%, indicating medium-level volatility. The put/call volume ratio is slightly tilted towards calls, suggesting a neutral sentiment.

Downside Protection: The recent high at $5.41 serves as a key resistance level and potential upside target. Support levels are limited, with the middle Bollinger Band ($5.11) serving as a possible floor.

Market Context & Positioning

Sector Performance: SVRA is performing in line with its sector peers.

Institutional Activity: No clear institutional activity is driving SVRA's price action.

Correlation Analysis: The stock's movements are correlated with the broader market, but with an amplification effect due to its above-average volatility.

Relative Valuation: SVRA's relative valuation suggests it is trading within a normal range compared to its peers and sector averages.

Key Levels & Action Items

Critical Price Levels:

  • Resistance: $5.41 (upper Bollinger Band)
  • Support: $5.11 (middle Bollinger Band)

Breakout/Breakdown Levels: No clear breakout or breakdown levels are currently present, but the upper resistance level ($5.41) could serve as a potential target.

Time-Sensitive Catalysts: The upcoming earnings report and regulatory updates could provide insight into future growth prospects.

Risk Management: Stop-loss levels should be set near the recent high at $5.41 to manage downside risk. Position sizing considerations suggest maintaining a balanced portfolio with exposure to both long and short positions.

Please note that this analysis is based on the provided data and is intended as a general framework for further investigation. The specific conclusions drawn may vary depending on additional information or changes in market conditions.

Generated

SVRA Options Activity & IV Rank

SVRA IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 187.4%
7-DTE IV: 222.8%
Expected Move: $2.30
7-DTE Move: $1.73
Days to Exp: 42 (2026-12-18)

Options Flow · Dec 18 expiry

Call Volume: 116
Put Volume: 452
P/C Volume: 3.897
BEARISH
Call OI: 1,505
Put OI: 203
P/C OI: 0.135
Total OI: 1,708

ATM Options Pricing

ATM Call: $1.00
ATM Put: $1.30
Call %: 20.8%
Put %: 27.0%

Chain Summary

Chain Volume: 1,566
Chain OI: 8,985
Last Updated: 11/6/2026
Spread Scanner

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 58th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
58%
vs own history
GEX tilt
+0.55
OI-weighted, today
Vanna tilt
+0.64
δ-sensitivity to IV
Charm tilt
-0.28
δ-decay vs time
Vanna tilt +0.64: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 6 ATM contracts, 4k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM 223.8% / Wing —
30 DTE / 10d —
— pts EXTREME
No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)34.5MediumNov 6
IV Rank (30 DTE)53.1MediumNov 6
Straddle Price (30 DTE)$2.30Nov 6
Beta Analysis

Risk Metrics

Beta: 1.3476
Alpha: 20.06%
Correlation: 0.3308
R-Squared: 10.9%
Stock Volatility: 55.3%
Market Volatility: 13.6%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own SVRA
2 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$1.6M
0.00%
#3162 of 6285-67.3%13F
Renaissance Technologies Hedge fund
Jim Simons
$1.5M
0.00%
#2109 of 3138-61.9%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

SVRA Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 240,955,571 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

195 filers457,177,032 shares$2.80B value189.73% of float
# Filer Shares Value % of Total % of Float Period
1 NEA Management Company, LLC 48,942,528 $301.49M 10.76% 20.31% 2026-06-30
2 Bain Capital Life Sciences Investors, LLC 35,201,242 $216.84M 7.74% 14.61% 2026-06-30
3 Venrock Adviser, LLC 29,491,886 $181.67M 6.48% 12.24% 2026-06-30
4 DEERFIELD MANAGEMENT COMPANY, L.P. 27,138,000 $167.17M 5.96% 11.26% 2026-06-30
5 BlackRock, Inc. Custodian 24,988,996 $153.93M 5.49% 10.37% 2026-06-30
6 TCG Crossover Management, LLC 24,724,410 $152.30M 5.43% 10.26% 2026-06-30
7 Vanguard Group Inc Custodian 20,083,294 $121.10M 4.32% 8.33% 2025-12-31
8 Frazier Life Sciences Management, L.P. 19,441,704 $119.76M 4.27% 8.07% 2026-06-30
9 Polar Capital Holdings Plc 19,083,572 $117.55M 4.19% 7.92% 2026-06-30
10 Vanguard Capital Management LLC 15,865,090 $97.73M 3.49% 6.58% 2026-06-30
11 Nantahala Capital Management, LLC 13,953,620 $85.95M 3.07% 5.79% 2026-06-30
12 State Street Corp 13,106,696 $80.74M 2.88% 5.44% 2026-06-30
13 Marshall Wace, LLP Custodian 12,513,978 $77.09M 2.75% 5.19% 2026-06-30
14 RTW INVESTMENTS, LP 11,904,760 $73.33M 2.62% 4.94% 2026-06-30
15 Woodline Partners LP 8,490,238 $52.30M 1.87% 3.52% 2026-06-30
16 ORBIMED ADVISORS LLC 7,919,800 $48.79M 1.74% 3.29% 2026-06-30
17 Geode Capital Management, LLC Custodian 7,744,266 $47.72M 1.70% 3.21% 2026-06-30
18 Spruce Street Capital LP 6,905,152 $42.54M 1.52% 2.87% 2026-06-30
19 Rosalind Advisors, Inc. 6,356,242 $39.15M 1.40% 2.64% 2026-06-30
20 EMERALD ADVISERS, LLC 6,296,878 $38.79M 1.38% 2.61% 2026-06-30
21 Pictet Asset Management Holding SA 5,526,110 $34.04M 1.21% 2.29% 2026-06-30
22 Vestal Point Capital, LP 5,440,000 $33.51M 1.20% 2.26% 2026-06-30
23 Wellington Management Group LLP Custodian 5,389,624 $33.20M 1.18% 2.24% 2026-06-30
24 D. E. Shaw & Co., Inc. Custodian 5,029,996 $30.98M 1.11% 2.09% 2026-06-30
25 Affinity Asset Advisors, LLC 5,024,306 $30.95M 1.10% 2.09% 2026-06-30
5 filers$2.14M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $1.15M 53.62% 2026-06-30
2 Jane Street Group, LLC Custodian $489.10K 22.82% 2026-06-30
3 Citadel Advisors LLC Custodian $434.90K 20.29% 2026-06-30
4 Simplex Trading, LLC Custodian $69.61K 3.25% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $616 0.03% 2026-06-30
5 filers$1.31M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $571.65K 43.61% 2026-06-30
2 Citadel Advisors LLC Custodian $513.74K 39.19% 2026-06-30
3 Jane Street Group, LLC Custodian $161.39K 12.31% 2026-06-30
4 Simplex Trading, LLC Custodian $48.05K 3.67% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $16.02K 1.22% 2026-06-30

SVRA Insider Trading (Form 4)

Latest: 2026-09-25
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-09-25 Braden C. Parker Chief Commercial Officer Tax (F) −29,323 $5.07 -$148.7K EDGAR
2026-07-24 Robert Matthew Lutz Chief Fin. & Operating Officer Award (A) +35,000 — EDGAR
2026-06-22 David L Lowrance Chief Financial Officer Mixed — $3.69 -$2.24M EDGAR
2026-03-20 David L Lowrance Chief Financial Officer Mixed +249,987 $2.43 -$16 EDGAR
2026-02-17 Joseph S McCracken Director Exer (M) +1,807 $1.76 $3.2K EDGAR
2025-12-19 David A Ramsay Director Sell (S) −20,000 $6.06 -$121.2K EDGAR
2025-12-16 David L Lowrance Chief Financial Officer Mixed −94,960 $6.92 -$435.7K EDGAR
2025-12-16 Kathleen R. McCabe Chief Legal Officer Tax (F) −39,350 $6.92 -$272.3K EDGAR
2025-12-16 Robert Matthew Lutz Chief Operating Officer Tax (F) −67,760 $6.92 -$468.9K EDGAR
2025-12-16 Anne Erickson Chief Business Officer Tax (F) −62,960 $6.92 -$435.7K EDGAR
2025-12-16 Matthew Pauls CHIEF EXECUTIVE OFFICER Mixed −324,700 $6.92 -$1.35M EDGAR
2025-12-11 Matthew Pauls CHIEF EXECUTIVE OFFICER Gift (G) −23,629 — EDGAR
2025-12-11 An van Es-Johansson Director Award (A) +40,000 — EDGAR
2025-12-11 Richard J Hawkins Director Award (A) +40,000 — EDGAR
2025-12-11 Joseph S McCracken Director Award (A) +40,000 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

SVRA Insider Holdings

13 insiders · @ $4.83
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 David A Ramsay Director 2,533,642 $12.22M $3.85M 39 2025-12-19
2 Matthew Pauls CHIEF EXECUTIVE OFFICER 1,188,050 $5.73M -$336.5K 21 2025-12-16
3 David L Lowrance Chief Financial Officer 896,297 $4.32M -$2.81M 19 2026-06-22
4 Kathleen R. McCabe Chief Legal Officer 519,232 $2.51M $0 1 2025-12-16
5 Anne Erickson Chief Business Officer 371,712 $1.79M $0 5 2025-12-16
6 Raymond Dennis Pratt Chief Medical Officer 340,050 $1.64M $24.4K 6 2024-12-16
7 Robert Matthew Lutz Chief Fin. & Operating Officer 328,977 $1.59M $0 6 2026-07-24
8 Joseph S McCracken Director 302,644 $1.46M $428.1K 15 2026-02-17
9 Yasmine Wasfi Chief Medical Officer 168,008 $810.6K $0 2 2025-12-04
10 Richard J Hawkins Director 161,326 $778.4K -$205.6K 14 2025-12-11
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

SVRA Board & Officers

As of SEC filings through Sep 25, 2026

Directors 6

Officers 7

Changes in the last 10 years (39)
Oct 17, 2025Yasmine Wasfi became Chief Medical Officer
Mar 13, 2025Kathleen R. McCabe became Chief Legal Officer
Sep 24, 2024Braden C. Parker became Chief Commercial Officer
Mar 21, 2024Anne Erickson became Chief Business Officer
Feb 13, 2023Robert Matthew Lutz became Chief Operating Officer
Nov 10, 2022Raymond Dennis Pratt became Chief Medical Officer
Aug 24, 2022The company announced the departure of Badrul A. Chowdhury as Chief Medical Officer in an SEC filing
Mar 15, 2021Scott D Sandell became a 10% owner
Mar 15, 2021Rick Yang became a 10% owner
Mar 15, 2021Peter W. Sonsini became a 10% owner
Mar 15, 2021Paul Edward Walker became a 10% owner
Mar 15, 2021New Enterprise Associates 17, L.P. became a 10% owner
Mar 15, 2021Nea 17 Gp, LLC became a 10% owner
Mar 15, 2021NEA Partners 17, L.P. became a 10% owner
Mar 15, 2021Mohamad Makhzoumi became a 10% owner
Mar 15, 2021Liza Landsman became a 10% owner
Mar 15, 2021Joshua Makower became a 10% owner
Mar 15, 2021Growth Equity Opportunities 17, LLC became a 10% owner
Mar 15, 2021Forest Baskett became a 10% owner
Mar 15, 2021Edward T Mathers became a 10% owner
Not reported recently (30)
  • Raymond Dennis Pratt · Last reported as Chief Medical Officer in an SEC filing dated Dec 16, 2024
  • Ricky Sun · Last reported as a director in an SEC filing dated Dec 15, 2023
  • Rick Yang · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Paul Edward Walker · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Scott D Sandell · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Edward T Mathers · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Mohamad Makhzoumi · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Anthony A. Florence Jr. · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Carmen Chang · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Ali Behbahani · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Forest Baskett · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Nea 17 Gp, LLC · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • New Enterprise Associates 17, L.P. · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • NEA Partners 17, L.P. · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Growth Equity Opportunities 17, LLC · Last reported as a 10% owner in an SEC filing dated Jul 19, 2023
  • Peter W. Sonsini · Last reported as a 10% owner in an SEC filing dated Mar 16, 2021
  • Joshua Makower · Last reported as a 10% owner in an SEC filing dated Mar 16, 2021
  • Liza Landsman · Last reported as a 10% owner in an SEC filing dated Mar 16, 2021
  • Robert N Neville · Last reported as a director in an SEC filing dated Dec 26, 2019
  • Jaakko Taneli Jouhikainen · Last reported as President and Chief Operating Officer in an SEC filing dated Dec 26, 2019
  • Yuri Pikover · Last reported as a director in an SEC filing dated Dec 14, 2018
  • Co SpA Zambon · Last reported as a 10% owner in an SEC filing dated Jun 29, 2017
  • SpA Zambon · Last reported as a 10% owner in an SEC filing dated Jun 29, 2017
  • a/s Serenova · Last reported as a 10% owner in an SEC filing dated May 8, 2017
  • Brian M Culley · Last reported as a director in an SEC filing dated Jan 23, 2017
  • Brandi Roberts · Last reported as Chief Financial Officer & SVP in an SEC filing dated Jan 23, 2017
  • Howard Dittrich · Last reported as a director in an SEC filing dated Jan 23, 2017
  • Edwin L. Parsley · Last reported as Chief Medical Officer & SVP in an SEC filing dated Jan 23, 2017
  • Peter Greenleaf · Last reported as a director in an SEC filing dated Jan 23, 2017
  • Shana Hood · Last reported as General Counsel & VP in an SEC filing dated Jan 23, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

SVRA Proposed Insider Sales (Form 144)

Latest: 2026-06-22
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-06-22 Lowrance David L Officer 394,528 $2.23M 2026-06-22 Raymond James & Associates — EDGAR
2025-12-18 RAMSAY DAVID A Director 20,000 $122.2K 2025-12-18 Charles Schwab Corp — EDGAR
2024-12-16 Pauls Matthew Director 54,702 $180.8K 2024-12-16 Raymond James & Associates — EDGAR
2024-12-16 Hawkins Richard J Director 8,000 $26.3K 2024-12-16 Raymond James & Associates — EDGAR
2024-12-16 Lowrance David L Officer 25,000 $82.5K 2024-12-16 Raymond James & Associates — EDGAR
2023-12-28 Pauls Matthew Officer, Director 84,000 $398.0K 2023-12-28 Raymond James & Associates, Inc. — EDGAR
2023-12-28 Lowrance David L Officer 10,000 $47.4K 2023-12-28 RAYMOND JAMES & ASSOCIATES INC — EDGAR
2023-12-28 Elam Nevan C Director 93,843 $448.6K 2023-12-28 RAYMOND JAMES & ASSOCIATES INC — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-08-11
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-06-08 0001193125-26-261770 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-08-11 0001193125-26-344585 EDGAR
ETF Holders
45 ETFs hold SVRA
25 shown · $108.45M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $31.8M — 2026-09-30
2 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.02% $18.5M $75.4B 2026-11-04
3 XBI State Street® SPDR® S&P® Biotech ETF SPDR (State Street) 0.14% $15.5M $10.9B 2026-11-04
4 VXF Vanguard Extended Market ETF Vanguard 0.01% $9.1M — 2026-09-30
5 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.05% $6.7M $13.4B 2026-11-04
6 VTWO Vanguard Russell 2000 ETF Vanguard 0.03% $4.6M — 2026-09-30
7 IBB iShares Biotechnology ETF iShares (BlackRock) 0.03% $3.7M $11.0B 2026-11-04
8 LFSC F/m Emerald Life Sciences Innovation ETF Nport 2.87% $3.6M — 2026-08-31
9 SCHA Schwab U.S. Small-Cap ETF Nport 0.01% $3.4M — 2026-05-31
10 IWC iShares Micro-Cap ETF iShares (BlackRock) 0.17% $2.2M $1.2B 2026-11-04
11 VHT Vanguard Health Care ETF Vanguard 0.01% $1.5M — 2026-09-30
12 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.02% $1.4M $6.9B 2026-11-04
13 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $1.3M $92.8B 2026-11-04
14 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.05% $855,353 — 2026-09-30
15 LABU Direxion Daily S&P Biotech Bull 3X ETF Direxion 0.10% $648,700 — 2026-11-05
16 PRFZ Invesco RAFI US 1500 Small-Mid ETF Nport 0.02% $577,253 — 2026-07-31
17 ONEQ Fidelity Nasdaq Composite Index ETF Fidelity 0.01% $561,577 $10.6B 2026-11-04
18 OPTZ Optimize Strategy Index ETF Nport 0.18% $516,276 — 2026-06-30
19 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $417,097 — 2026-05-31
20 GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Goldman 0.04% $395,573 $1.1B 2026-11-04
21 BBC Virtus Biotech Clinical Trials Etf Nport 0.70% $322,631 — 2026-07-31
22 RSSL Global X Russell 2000 ETF Global X 0.02% $319,622 — 2026-11-05
23 JSML Janus Henderson Small Cap Growth Alpha ETF Janus 0.07% $273,295 $361.3M 2026-11-04
24 FHLC Fidelity MSCI Health Care Index ETF Fidelity 0.01% $222,105 $4.1B 2026-11-04
25 IWV iShares Russell 3000 ETF iShares (BlackRock) 0.00% $202,617 $19.6B 2026-11-04
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-0.58
TTM Revenue
—
TTM Net Income
$-139.31M
TTM Op. Cash Flow
$-110.38M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30—$-40.23M$-0.16$-29.75M
Q1 '262026-03-31—$-37.28M$-0.15$-33.05M
Q4 '252025-12-31—$-32.24M$-0.13$-25.06M
Q3 '252025-09-30—$-29.56M$-0.14$-22.53M
Q2 '252025-06-30—$-30.40M$-0.14$-26.26M
Q1 '252025-03-31—$-26.64M$-0.12$-27.19M
Q4 '242024-12-31—$-29.04M$-0.13$-23.28M
Q3 '242024-09-30—$-24.25M$-0.11$-22.67M
Q2 '242024-06-30—$-22.24M$-0.12$-22.50M
Q1 '242024-03-31—$-20.35M$-0.11$-20.64M
Q4 '232023-12-31—$-16.10M$-0.08$-15.60M
Q3 '232023-09-30—$-16.60M$-0.10$-13.16M
Q2 2026 • period ending 2026-06-30 • filed 2026-08-11
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
8.09
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
-97.0%
ROA
-72.5%
Div Yield
0.00%
FCF Yield
-9.49%
Debt/Equity
0.21
Current Ratio
—
Market Cap
$1.16B
as of 2026-11-06
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
28.74M
SI % of Float
20.05%
Days to Cover
12.23
Short Vol Ratio
55.4%
Free Float
143.33M
Float %
69.8%
Short interest 2026-10-15 • Short volume 2026-11-05 • Float 2026-08-19