Stocks/ACTU

ACTU

Actuate Therapeutics Inc
Healthcare·Biotechnology
$2.02
$48M market cap
Revenue
$0.0M
Free Cash Flow
$-8.8M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Actuate Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing therapies for the treatment of cancers. The company's lead product candidate is Elraglusib Injection, a novel glycogen synthase kinase-3 inhibitor to treat metastatic pancreatic ductal adenocarcinoma. It also develops Elraglusib for the treatment of Ewing sarcoma, metastatic melanoma, and colorectal cancer. The company was formerly known as Apotheca Therapeutics, Inc. and changed its name to Actuate The

2-Year Price History

$2.38-72.6%
$2.0$4.0$6.0$8.0$10volAug 24Nov 24Mar 25Jun 25Oct 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-5.7-5.7-5.6-5.0-5.0-0.08.10.423.5<-999%-1127.2x--
Act2025-Q40.0-4.7-4.7-4.6-3.7-3.7-0.013.20.423.3-629.3%-926.0x--

Valuation & Metrics

Market Stats

Price$2.02
Market Cap$48M
Enterprise Value$41M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-18.1%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$-10.2M
Free Cash Flow$-8.8M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-3132.5%
WC Change % Rev0.0%
Interest Coverage-1026.6x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares1.0M
Days to Cover3.8
Change (vs Prior)+3.6%
Need at least 2 settlement dates for chart

Employees

Headcount10
Revenue / Employee$0
Gross Profit / Employee$0

Cash Runway

11.2months
CRITICAL

Institutional Ownership

Headline & net flow

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

Ownership composition

Active
58.2%(-59.6% YoY)
52 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
6.3%(+4.9% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.6% YoY)
1 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2024-092025-032025-092026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
BIOS Capital Management, LP$27.5M$7.94+$0+$428K+6.7%$52.9M
Voss Capital, LLC$4.7M$5.58+$1.2M+$4.3M-0.8%$1.75B
BlackRock, Inc.Passive$1.2M$6.26−$13K+$1.1M-0.2%$5.69T
VANGUARD CAPITAL MANAGEMENT LLCPassive$1.1M$2.74+$1.1M+$1.1M$4.04T
GEODE CAPITAL MANAGEMENT, LLCPassive$626K$6.06+$56K+$534K+2.3%$1.61T
Connective Capital Management, LLC$310K$2.74+$310K+$310K+2.5%$121M
Palogic Value Management, L.P.$274K$2.74+$274K+$274K-2.7%$226M
NORTHERN TRUST CORPPassive$268K$6.46−$10K+$121K-0.2%$755.34B
Texas Capital Bank Wealth Management Services Inc$259K$6.12+$0+$259K-0.1%$1.68B
STATE STREET CORPPassive$181K$5.78+$27K+$181K-0.2%$2.89T
VANGUARD FIDUCIARY TRUST COPassive$172K$2.74+$172K+$172K$395.83B
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$152K$2.74+$152K+$152K$1.91T
ABS Direct Equity Fund LLC$137K$3.19+$119K+$137K-3.8%$131M
Rock Creek Group, LP$108K$4.61+$48K+$108K-3.1%$988M
DEUTSCHE BANK AG\$100K$4.11+$74K+$100K-0.3%$302.17B
SFMG, LLC$90K$5.05+$36K+$60K+0.1%$1.46B
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$86K$4.84+$35K+$77K-0.0%$162.09B
BRIDGEWAY CAPITAL MANAGEMENT, LLC$85K$6.12+$0+$85K-2.3%$4.93B
AQR CAPITAL MANAGEMENT LLC$74K$2.74+$74K+$74K-0.2%$218.19B
ROYAL BANK OF CANADA$61K$6.87−$36K+$10K-0.2%$526.36B
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
-10.90%
avg per quarter
Holders (ex-self)
+5.22%
excl. this stock
Buyers (this Q)
-0.54%
27 buyers · $0.00B in
Sellers (this Q)
-0.03%
13 sellers · $0.00B out
alpha coverage: 96% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+25.5%
how holders react when this stock falls
On quiet Qs
+11.5%
−10% to +10% baseline
On rallies (+10%+)
-0.0%
how they react when this stock rises
Holders' portfolio flow this Q
+1.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+1.4%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+0.5%
Holder mid (any stock)
+1.1%
Holder rally (any stock)
-0.0%

Top Holders Over Time

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

03.0M6.1M9.1M12.1M$2.74$4.04$5.35$6.66$7.962024-092025-032025-092026-03
hover the chart for per-quarter detailprice (right axis)
BIOS Capital Management, LP10.0MVoss Capital, LLC1.7MAWM Investment Company, Inc.Long Corridor Asset Management LtdTexas Capital Bank Wealth Management Services Inc95KConnective Capital Management, LLC113KPalogic Value Management, L.P.100KROYAL BANK OF CANADA22KBARCLAYS PLC2KNORTHWESTERN UNIVERSITY

Analyst Coverage

Analyst Coverage
Analyst Ratings
1
Buy: 1Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Major holders (≥10% beneficial owners)
Buys ($, 12mo)
$3.00M
3 txns · 3 insiders · 428,568 sh
Sells ($, 12mo)
$1.62M
1 txn · 1 insider · 280,000 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-01-05SELLTHOMSON TODD Sdirector, 10 percent owner: 280,000$5.80$1.62M$5.25M
2025-06-27BUYBios Equity COF, LPdirector, 10 percent owner: 142,856$7.00$1000K$1.37M
2025-06-27BUYFletcher Aaron G.L.director, 10 percent owner: 142,856$7.00$1000K$1.37M
2025-06-27BUYKreis Leslie W.director, 10 percent owner: 142,856$7.00$1000K$1.37M

Order Flow (FINRA, ~3w lag)

48.2%retail-1.5pp
8.5%dark+5.0pp
week of 2026-04-13
0%10%20%30%40%50%60%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

Actuate Therapeutics: A Bio-Tech Dilution Machine Fighting the Clock

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