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FTFirst Tracks Biotherapeutics, Inc.

$17.78

-0.82 (-4.48%)

Market Cap
-
EPS
-
P/E Ratio
-
Value Trade
8.75 M
-4.4 %
Week
-2.66 %
1 Month
-14.1 %
3 Month
-14.1 %
6 Month
-14.1 %
5 Year
-14.1 %
All Time
Cash Data
  • Cash Position

    12.35 K

  • Monthly Burn

    12.35 K

  • Runway

    12,345 mo

Overview
Volume
544.43 K
52 Week Range
14.79 - 26.80
% held by Insiders
-
% held by Institutions
-
Enterprise Value
-
Total Shares
34.89 M
Short %
11.88 %
Float Shares
32.62 M
Company Description
HQ: 10770 WATERIDGE CIRCLE, SAN DI...

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
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Drug Pipeline Intelligence
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Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
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Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLD
INSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
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Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLD
HEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
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First Tracks Biotherapeutics, Inc. (TRAX) Analyst Ratings & Price Targets
Symbol
Firm
Rating
Action
Price Target
Upside
date
TRAX
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
TRAX
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
TRAX
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
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TRAX Stock Forecast & Analyst Consensus
BUY
Analyst Ratings
Buy65.0%
Hold25.0%
Sell10.0%
Price Target Trend
Average$24.00
Low$18.00
High$32.00
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TRAX Institutional Ownership Trends
Current Insider %
5.20%
+0.00%
Current Institutional %
62.40%
+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
2026-07-170 0.00 0 0 - - - - - -
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Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
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Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Company News
-TRAX
May 22, 2026
TRAXConferences/Events

First Tracks Biotherapeutics Announces Participation in Upcoming Investor Conferences - May 21, 2026

First Tracks Biotherapeutics, a clinical-stage biotech firm, announced its participation in several upcoming investor conferences, including the Jefferies Global Healthcare Conference and the Leerink Partners Therapeutics Forum. CEO Daniel Faga and other executives will represent the company. A live webcast of the presentations will be available, with replays accessible for 30 days.

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-TRAX
May 21, 2026
TRAXConferences/Events

First Tracks Biotherapeutics Announces Participation in Upcoming Investor Conferences

First Tracks Biotherapeutics, a clinical-stage biotechnology firm, announced its participation in several upcoming investor conferences. CEO Daniel Faga and other executives will present at the 2026 Jefferies Global Healthcare Conference and the Leerink Partners Therapeutics Forum. The company focuses on developing antibody therapies for autoimmune and inflammatory diseases.

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-TRAX
May 14, 2026
TRAXPhases

First Tracks Biotherapeutics Announces First Quarter 2026 Financial Results and Provides Business Update • First Tracks launched April 20 th with a two-year cash-runway to advance ANB033 through celiac disease and

First Tracks Biotherapeutics, Inc., reported its financial results for the first quarter of 2026, highlighting a significant launch with $180 million in cash. The company aims to advance its lead candidate ANB033 through ongoing Phase 1b trials in celiac disease and eosinophilic esophagitis. It also received positive feedback from the FDA regarding the development pathway for rosnilimab in rheumatoid arthritis. However, the company recorded a net loss of $50.5 million, reflecting increased general administrative costs associated with its recent separation from AnaptysBio.

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-TRAX
Apr 20, 2026
TRAXGeneral

First Tracks Biotherapeutics Debuts on Nasdaq to Advance Therapies for Autoimmune Diseases First Tracks Biotherapeutics launches with $180 million in cash and two-year cash-runway Trading of TRAX begins on Nasdaq today

First Tracks Biotherapeutics has officially debuted on Nasdaq under the ticker symbol TRAX, launching as a clinical-stage biotech company focused on developing antibody therapeutics for autoimmune diseases. The company has announced a robust cash reserve of $180 million, which supports its initial programs, including ANB033 for celiac disease. Trading begins today, marking the company's emergence after distribution to AnaptysBio shareholders. First Tracks aims to make meaningful advancements in managing immune pathway-related diseases.

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-TRAX
Mar 26, 2026
TRAXGeneral

Dear Anaptys and future First Tracks Bio shareholders, In September 2025, we announced our intention to separate our biopharma operations from our substantial royalty assets to unlock value by creating two publicly trade

AnaptysBio, Inc. has announced plans to separate its biopharma operations from its royalty assets, creating two publicly traded companies. The newly formed First Tracks Biotherapeutics, Inc. (TRAX) will handle the biopharma segment and is set to distribute shares to Anaptys shareholders in a tax-free spin-off. The distribution is scheduled for April 20, 2026, and existing shareholders will receive shares on a one-for-one basis for each share of Anaptys they hold. The spin-off aims to provide a focused operational strategy and is anticipated to attract investor interest.

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Competitive Position
How TRAX ranks across every disease it competes in
Competitive Position is a premium feature
See how TRAX ranks against every competitor across each disease it develops in: phase, best drug, trials and likelihood of approval.
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