No insider purchase over the last 90 days. The latest, by Polymeropoulos Mihael Hristos, was filed 08 Aug 2025.
Vanda Pharmaceuticals Inc. is a Healthcare & Pharma company. Its directors and officers file their transactions with SEC (Form 4). The last twelve months, up to 22 October 2026, brought 15 filings signed by 9 insiders.
Only sales appear on the open market, 6 sales in all totalling €2.4M, filed by 6 insiders. The largest single trade was a sale of €1.1M by Polymeropoulos Mihael Hristos, published on 4 March 2026.
Compared with its exchange (3,171 companies, median 24 filings), a count of 15 filings is below the norm. Our records for Vanda Pharmaceuticals Inc. go back to 2016, with 15 purchases and 160 sales on the open market in total. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 216.1 m USD and net income of -220.5 m USD.
Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
+1 other insider
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 Vanda Pharmaceuticals Inc. Strong Buy (bullish), based on 5 analysts. Average price target: US$11.75.
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.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 350 declarations
From a competitive standpoint, Vanda operates in highly contested specialty markets where differentiation depends on clinical efficacy, safety profile, intellectual property protection, and commercial execution. The company focuses on niche therapeutic areas rather than mass markets, which can support attractive margins if launches succeed, but also increases binary risk tied to FDA decisions and clinical trial outcomes. Recent 2026 public updates highlighted regulatory progress around imsidolimab and the commercial launch of NEREUS in the United States, while also indicating that certain HETLIOZ-related regulatory requests faced unfavorable outcomes. For investors, Vanda therefore looks like a healthcare name with a high risk/reward profile, highly sensitive to FDA catalysts, Fanapt sales momentum, and the company’s ability to translate its pipeline into recurring revenue.
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 216.1 m USD | -220.5 m USD | -3.74 USD | 10-K |
| Dec 2024 | 198.8 m USD | -18.9 m USD | -0.33 USD | 10-K |
| Dec 2023 | 192.6 m USD | 2.5 m USD | 0.04 USD | 10-K |
| Dec 2022 | 254.4 m USD | 6.3 m USD | 0.11 USD | 10-K |
| Dec 2021 | 268.7 m USD | 33.2 m USD | 0.58 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.