1 insider bought €137.9M of shares over the last 90 days, the latest filed 30 Sept 2026.
Every trade that managers of Kodiak Sciences Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Healthcare & Pharma sector. Between 18 October 2025 and 18 October 2026, 4 insiders published 97 filings.
On the market, 1 insider bought (83 purchases totalling €142.1M) while 1 insider sold (6 sales totalling €1.9M). Netting one side against the other leaves €140.2M of net buying. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Those buying include 1 senior executive. Biggest ticket of the year: €17.7M, bought by Baker Bros. Advisors LP and made public on 30 September 2026 (0.35% of market cap).
The clock since the last published purchase (30 September 2026) now reads 18 days. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade.
For context, the typical company on the same exchange (median of 5,458 companies) published 22 filings over the same period, against 97 filings here. Since 2021, the database holds 94 purchases and 13 sales by insiders of the company. For the fiscal year to 31 December 2025, the annual 10-K puts net income at -230.0 m USD.
For comparison within the same sector, see the insider buying recorded at Anixa Biosciences Inc and Vivos Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Kodiak Sciences Inc. Strong Buy (bullish), based on 6 analysts. Average price target: US$121.67.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
25 of 136 declarations
Kodiak Sciences Inc. is a U.S.-based biopharmaceutical company listed on the Nasdaq in the United States. The company is focused on researching, developing, and, ultimately, commercializing transformative retinal therapies. Founded in 2009, Kodiak has positioned itself as a retina-focused, science-driven biotech operating in one of the most competitive yet medically important segments of ophthalmology. Its strategy is anchored in addressing major unmet needs in retinal disease, an area where better durability, improved efficacy, and more convenient dosing remain key differentiators versus existing standards of care.
Kodiak describes itself as a precommercial company, meaning it is still in the clinical-development stage and has not yet built a broad marketed product franchise. The core of its scientific platform is the ABC technology, which the company uses to design next-generation retinal medicines with the goal of combining strong biological activity with longer duration of effect. Kodiak’s most closely watched programs include KSI-501, KSI-101, and tarcocimab, each aimed at high-value retinal indications and designed to compete in disease areas with significant clinical unmet need. In practical terms, the company’s value proposition rests on whether these assets can deliver meaningful advantages in efficacy, durability, or treatment burden versus current therapies.
From a competitive standpoint, Kodiak operates in a field dominated by larger pharmaceutical companies and well-funded ophthalmology specialists. That makes clinical differentiation especially important. Success depends not only on scientific novelty, but also on clean safety data, reproducible efficacy, and the ability to translate platform science into commercially meaningful products. Kodiak’s pipeline-centric model also means that investor attention is heavily concentrated on clinical milestones, regulatory progress, and data readouts rather than near-term product sales.
Geographically, Kodiak is headquartered in the United States and is part of the U.S. public-market biotech ecosystem, with reporting and disclosure obligations under SEC rules. Recent company updates show an active capital-markets and development agenda, including equity financings in 2025 and early 2026, as well as recurring business updates tied to pipeline advancement. Kodiak has indicated that its three Phase 3 assets are on track for topline data in 2026, making that year potentially decisive for the company’s long-term trajectory. For investors, Kodiak Sciences remains a high-risk, high-upside specialty biotech story tied to retina innovation, clinical execution, and the ability to convert platform science into durable competitive advantage.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | n.d. | -230.0 m USD | -4.32 USD | 10-K |
| Dec 2024 | n.d. | -176.2 m USD | -3.35 USD | 10-K |
| Dec 2023 | n.d. | -260.5 m USD | -4.97 USD | 10-K |
| Dec 2022 | n.d. | -333.8 m USD | -6.39 USD | 10-K |
| Dec 2021 | n.d. | -267.0 m USD | -5.16 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.