Stocks/ACRV

ACRV

Acrivon Therapeutics, Inc. Common Stock
Healthcare·Biotechnology
$1.60
$50M market cap
Revenue
$0.0M
Free Cash Flow
$-36.0M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Acrivon Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing oncology medicines for the patients whose tumors are predicted to be sensitive to each specific medicine by utilizing its proteomics-based patient responder identification platform. The company's Acrivon Predictive Precision Proteomics, a precision medicine platform enables the creation of drug specific proprietary OncoSignature companion diagnostics that are used to identify the patients to benefit fro

2-Year Price History

$1.75-75.9%
$2.0$4.0$6.0$8.0volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-19.5-19.9-19.0-20.5-20.6-0.097.72.438.7-371.8%----
Act2025-Q40.0-26.1-20.1-19.0-15.2-15.5-0.2118.62.738.5-204.9%----

Valuation & Metrics

Market Stats

Price$1.60
Market Cap$50M
Enterprise Value$-45M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-71.3%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$-38.0M
Free Cash Flow$-36.0M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-288.3%
WC Change % Rev0.0%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares2.5M
Days to Cover2.3
Change (vs Prior)+3.2%
Need at least 2 settlement dates for chart

Employees

Headcount75
Revenue / Employee$0
Gross Profit / Employee$7,040

Cash Runway

32.6months
WATCH

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
35.0%(-35.9% YoY)
32 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
3.4%(-4.7% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.6%(+0.6% YoY)
3 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-122023-092024-062025-032025-122026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
RA CAPITAL MANAGEMENT, L.P.$11.6M$9.10+$0+$0-4.3%$9.44B
Sands Capital Alternatives, LLC$3.0M$10.25+$0+$0-2.7%$421M
WELLINGTON MANAGEMENT GROUP LLP$1.2M$11.52+$0+$0-0.3%$533.98B
ACADIAN ASSET MANAGEMENT LLC$1.2M$2.03+$368K+$1.2M-0.5%$70.48B
RENAISSANCE TECHNOLOGIES LLC$1.1M$2.10+$173K+$982K+1.2%$63.91B
VANGUARD CAPITAL MANAGEMENT LLCPassive$1.0M$1.39+$1.0M+$1.0M$4.04T
MARSHALL WACE, LLP$779K$8.59+$89K+$153K+0.6%$92.71B
TWO SIGMA INVESTMENTS, LP$541K$2.27−$272K+$541K-0.9%$117.03B
JANE STREET GROUP, LLCMM$333K$1.76−$142K+$333K-0.1%$92.10B
GEODE CAPITAL MANAGEMENT, LLCPassive$329K$8.46+$53K−$97K+2.3%$1.61T
BlackRock, Inc.Passive$290K$6.81+$5K−$1.0M-0.2%$5.69T
GSA CAPITAL PARTNERS LLP$260K$1.39+$260K+$260K-5.9%$1.61B
BRIDGEWAY CAPITAL MANAGEMENT, LLC$221K$3.20+$161K+$113K-2.3%$4.93B
VANGUARD FIDUCIARY TRUST COPassive$149K$1.39+$149K+$149K$395.83B
STATE STREET CORPPassive$93K$9.88+$0−$230K-0.2%$2.89T
XTX Topco Ltd$93K$1.57+$64K+$93K-1.9%$5.74B
NORTHERN TRUST CORPPassive$68K$8.87−$21K−$84K-0.2%$755.34B
MORGAN STANLEY$51K$4.91−$14K+$2K-0.3%$1.65T
UBS Group AG$48K$2.10−$436K+$30K-0.3%$562.11B
PANAGORA ASSET MANAGEMENT INC$47K$1.39+$47K+$47K+0.0%$26.69B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-3.07%
avg per quarter
Holders (ex-self)
-2.95%
excl. this stock
Buyers (this Q)
-3.99%
12 buyers · $0.00B in
Sellers (this Q)
-0.43%
11 sellers · $0.00B out
alpha coverage: 95% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+10.8%
how holders react when this stock falls
On quiet Qs
-22.5%
−10% to +10% baseline
On rallies (+10%+)
+12.4%
how they react when this stock rises
Holders' portfolio flow this Q
+4.6%
inflows — adds are organic
Sellers' portfolio flow this Q
+34.0%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.4%
Holder mid (any stock)
-3.9%
Holder rally (any stock)
-1.5%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

05.1M10.2M15.3M20.4M$1.19$4.13$7.08$10$132022-122023-092024-062025-032025-122026-03
hover the chart for per-quarter detailprice (right axis)
RA CAPITAL MANAGEMENT, L.P.8.3MPERCEPTIVE ADVISORS LLCSands Capital Alternatives, LLC2.1MCITADEL ADVISORS LLCMARSHALL WACE, LLP560KWELLINGTON MANAGEMENT GROUP LLP888KFEDERATED HERMES, INC.8KNEA Management Company, LLCParadigm Biocapital Advisors LPHealthCor Management, L.P.

Analyst Coverage

Analyst Coverage
Analyst Ratings
9
1
Buy: 9Hold: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$114K
3 txns · 3 insiders · 67,832 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-01-14BUYBlume-Jensen Peterdirector, officer: President and CEO49,000$1.68$82K$3.51M
2026-01-14BUYLevy Adam D.officer: Chief Financial Officer8,832$1.70$15K$36K
2026-01-13BUYDevroe Ericofficer: Chief Operating Officer10,000$1.72$17K$130K

Order Flow (FINRA, ~3w lag)

42.9%retail-4.2pp
8.7%dark-1.5pp
week of 2026-04-13
0%20%40%60%80%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

Acrivon Therapeutics, Inc.: The Dilution Engine Behind Precision Oncology

Overall Risk
7/10
Fraud
2/10
Dilution
9/10
Insolvency
4/10
Earnings Overstated
2/10
Hidden Liabilities
5/10
Legal
2/10
Audit Warnings
3/10
Hidden Upside
6/10
Contextually Acceptable
8/10