CADLCandel Therapeutics, Inc.Healthcare · Biotechnologyas of 2026-09-16
Horizon

Issued 2026-09-16 at $11.02 · now $11.02 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, CADL has typically landed between $7.60 and $16.26 — a range of −31.0% to +47.5% from the issuance price $11.02.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

1,268 overlapping 1 month windows · 2021-07-272026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($11.02) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where CADL has typically landed a month from the 2026-09-16 close of $11.02 — the range is history, not a prediction.

$7.6worst · -31.0%$16.26best · +47.5%
  • now $11.02 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $10.73 (-2.6%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $9.09$12.37
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $7.6$16.26
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 1,268 windows spanning 2021-07-27 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2022-09-21−53.9%−53.9%+5.6%
2022-10-06−51.1%−53.3%+0.0%
2024-05-21−50.8%−51.3%+0.0%
3 best
2024-04-03+436.9%+0.0%+436.9%
2024-04-02+398.8%−0.6%+398.8%
2024-04-01+356.0%−4.0%+356.0%

1,268 overlapping windows · 2021-07-272026-09-16 · not cherry-picked

Pending catalysts

  • 2031-10-22Trial primary completion: Phase 3 primary completion: Aglatimagene Besadenovec + Prodrug and Pembrolizumab vs Docetaxel for Stage IV Non-Squamous NSCLC Progressing on Pembrolizumab (AURORA) (source, as of 2026-08-14)

Public, scheduled events — dated attention, not a prediction of the outcome. See the FDA catalysts page for the historical base rate.

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~6 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
40%
−5.7%
n=5
Feb
40%
+5.2%
n=5
Mar
20%
−12.1%
n=5
Apr
40%
+65.0%
n=5
May
100%
+18.8%
n=5
Jun
20%
−8.8%
n=5
Jul
20%
+0.3%
n=5
Aug
83%
+10.8%
n=6
Sep
33%
−4.0%
n=6
Oct
40%
−11.0%
n=5
Nov
0%
−8.0%
n=5
Dec
80%
+28.8%
n=5

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$14$42026-09-11: 1 insider sale, $621K — Tak Paul Peter2026-09-10: 1 insider sale, $2.5M — Tak Paul Peter2026-08-17: 1 insider sale, $84K — Tyagarajan Seshu2026-06-29: 2 insider sales, $306K — Barone Francesca, Tyagarajan Seshu2026-02-23: 1 insider purchase, $3.0M — Manning Paul B2026-02: 1 open-market purchase, $3.0M2026-06: 2 open-market sales, $306K2026-08: 1 open-market sale, $84K2026-09: 2 open-market sales, $3.2M↑ buys↓ salesdirector Tak Paul Peter — Sale on 2026-09-11, filed same daydirector Tak Paul Peter — Sale on 2026-09-10, filed 1 day after the tradeofficer Tyagarajan Seshu — Sale on 2026-08-17, filed 2 days after the tradeofficer Barone Francesca — Sale on 2026-06-29, filed 2 days after the tradeofficer Tyagarajan Seshu — Sale on 2026-06-29, filed 2 days after the tradedirector Manning Paul B — Purchase on 2026-02-23, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-11Tak Paul PeterdirectorSale59,379 @ $10.46$621K−34.4% of holdingnot yet — horizon still opennot yet — horizon still open113,321Form 4 · filed same day
2026-09-10Tak Paul PeterdirectorSale220,866 @ $11.50$2.5M−56.1% of holdingnot yet — horizon still opennot yet — horizon still open172,700Form 4 · filed 1 day after the trade
2026-08-17Tyagarajan SeshuofficerSale7,000 @ $12.00$84K−8.3% of holding−7.0%not yet — horizon still open76,865Form 4 · filed 2 days after the trade
2026-06-29Barone FrancescaofficerSale23,447 @ $10.06$236K−23.3% of holding−7.7%not yet — horizon still open77,362Form 4 · filed 2 days after the trade
2026-06-29Tyagarajan SeshuofficerSale7,000 @ $10.02$70K−7.7% of holding−7.7%not yet — horizon still open83,865Form 4 · filed 2 days after the trade
2026-02-23Manning Paul BdirectorPurchase550,458 @ $5.45$3.0M+24.9% of holding+0.8%+146.3%2,763,527Form 4 · filed 3 days after the trade
2025-07-28Nichols William GarrettofficerSale937 @ $6.98$7K−1.8% of holding−14.4%−20.9%52,493Form 4 · filed 2 days after the trade
2025-06-30Nichols William GarrettofficerSale781 @ $5.04$4K−1.5% of holding+27.2%+2.7%52,493Form 4 · filed 2 days after the trade
2025-03-19Tak Paul PeterdirectorSale400 @ $9.00$4K−0.2% of holding−41.8%−62.0%225,740Form 4 · filed 1 day after the trade
2025-03-18Nichols William GarrettofficerSale45,316 @ $8.76$397K−46.3% of holding−42.6%−63.3%52,493Form 4 · filed 2 days after the trade
2025-03-18Barone FrancescaofficerSale32,146 @ $8.76$282K−25.0% of holding−42.6%−63.3%96,527Form 4 · filed 2 days after the trade
2025-03-18Tak Paul PeterdirectorSale25,772 @ $8.77$226K−10.2% of holding−42.6%−63.3%226,140Form 4 · filed 2 days after the trade
2025-03-17Tyagarajan SeshuofficerSale31,278 @ $8.82$276K−26.8% of holding−39.0%−62.1%85,512Form 4 · filed 2 days after the trade
2025-03-17Schoch CharlesofficerSale5,000 @ $8.83$44K−11.6% of holding−39.0%−62.1%38,038Form 4 · filed 2 days after the trade
2025-01-15Tak Paul PeterdirectorSale21,704 @ $7.22$157K−7.9% of holding+10.3%−22.3%251,912Form 4 · filed 2 days after the trade
2025-01-15Tyagarajan SeshuofficerSale14,322 @ $7.22$103K−12.9% of holding+10.3%−22.3%96,790Form 4 · filed 2 days after the trade
2025-01-15Barone FrancescaofficerSale13,534 @ $7.22$98K−10.9% of holding+10.3%−22.3%110,673Form 4 · filed 2 days after the trade
2025-01-15Nichols William GarrettofficerSale10,428 @ $7.22$75K−11.6% of holding+10.3%−22.3%79,320Form 4 · filed 2 days after the trade
2025-01-15Schoch CharlesofficerSale9,511 @ $7.22$69K−18.1% of holding+10.3%−22.3%43,038Form 4 · filed 2 days after the trade
2025-01-08Tak Paul PeterdirectorSale21,172 @ $8.22$174K−7.2% of holding−3.3%−33.0%273,616Form 4 · filed 2 days after the trade
2025-01-08Tyagarajan SeshuofficerSale14,545 @ $8.22$120K−11.6% of holding−3.3%−33.0%111,112Form 4 · filed 2 days after the trade
2025-01-08Barone FrancescaofficerSale13,673 @ $8.22$112K−9.9% of holding−3.3%−33.0%124,207Form 4 · filed 2 days after the trade
2025-01-08Nichols William GarrettofficerSale10,799 @ $8.22$89K−10.7% of holding−3.3%−33.0%89,748Form 4 · filed 2 days after the trade
2025-01-08Schoch CharlesofficerSale9,971 @ $8.22$82K−15.9% of holding−3.3%−33.0%52,549Form 4 · filed 2 days after the trade
2024-12-16Manning Paul BdirectorPurchase750,000 @ $6.00$4.5M+135.4% of holding+9.5%−21.7%1,303,752Form 4 · filed 2 days after the trade
2024-12-16Manning Paul BdirectorPurchase500,000 @ $6.00$3.0M+77.8% of holding+9.5%−21.7%1,142,406Form 4 · filed 2 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

79 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-09-10Tak Paul PeterdirectorOption exercise125,000393,566Form 4
2026-09-10Tak Paul PeterdirectorOption exercise125,0001,638,968Form 4
2026-09-08Zimmermann MartinedirectorAward / grant64,00064,000Form 4
2026-07-06Sims Mark E.officerAward / grant285,000285,000Form 4
2026-06-30Manning Paul BdirectorAward / grant2,1992,199Form 4
2026-06-30PAPA JOSEPH CdirectorAward / grant1,3311,331Form 4
2026-06-30Loggia NicolettadirectorAward / grant381381Form 4
2026-06-23Nabel Gary J.directorAward / grant32,00032,000Form 4
2026-06-23Martell ChristopherdirectorAward / grant32,00032,000Form 4
2026-06-23Loggia NicolettadirectorAward / grant32,00032,000Form 4
2026-06-23Radhakrishnan MahadirectorAward / grant32,00032,000Form 4
2026-06-23Benz Edward J. JRdirectorAward / grant32,00032,000Form 4
2026-06-23PAPA JOSEPH CdirectorAward / grant32,00032,000Form 4
2026-06-23Manning Paul BdirectorAward / grant32,00032,000Form 4
2026-06-23Gaeta ReneedirectorAward / grant32,00032,000Form 4
2026-06-23Nguyen DiemdirectorAward / grant32,00032,000Form 4
2026-03-31Manning Paul BdirectorAward / grant4,6184,618Form 4
2026-03-31PAPA JOSEPH CdirectorAward / grant2,7952,795Form 4
2026-03-31Loggia NicolettadirectorAward / grant779779Form 4
2026-01-26Tyagarajan SeshuofficerAward / grant154,000154,000Form 4
2026-01-26Nichols William GarrettofficerAward / grant136,500136,500Form 4
2026-01-26Schoch CharlesofficerAward / grant232,000232,000Form 4
2026-01-26Tak Paul PeterdirectorAward / grant629,000629,000Form 4
2026-01-26Barone FrancescaofficerAward / grant232,000232,000Form 4
2025-07-28Nichols William GarrettofficerOption exercise93753,430Form 4
2025-07-28Nichols William GarrettofficerOption exercise93729,377Form 4
2025-06-30Nichols William GarrettofficerOption exercise78153,274Form 4
2025-06-30Nichols William GarrettofficerOption exercise78130,314Form 4
2025-06-25Manning Paul BdirectorAward / grant1,070,6632,213,069Form 4
2025-06-25Martell ChristopherdirectorAward / grant111,349111,349Form 4
2025-06-25PAPA JOSEPH CdirectorAward / grant64,23964,239Form 4
2025-06-25Tak Paul PeterdirectorAward / grant42,826268,566Form 4
2025-06-25Tyagarajan SeshuofficerAward / grant5,35390,865Form 4
2025-06-25Schoch CharlesofficerAward / grant5,35343,391Form 4
2025-06-25Nabel Gary J.directorAward / grant5,3535,353Form 4
2025-06-25Barone FrancescaofficerAward / grant4,282100,809Form 4
2025-06-25Loggia NicolettadirectorAward / grant2,1412,141Form 4
2025-06-20Schoch CharlesofficerAward / grant50,00050,000Form 4
2025-06-17PAPA JOSEPH CdirectorAward / grant14,24014,240Form 4
2025-06-17Manning Paul BdirectorAward / grant14,24014,240Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.