Issued 2026-09-25 at $14.79 · now $14.79 (2026-09-25, +0.0% since)
Based on its own history, a month from the 2026-09-25 close, KARD has typically landed between $11.41 and $16.62 — a range of −22.9% to +12.4% from the issuance price $14.79.
- Actual close
- Typical path (median)
- Middle 50% of outcomes
- 90% range
48 overlapping 1 month windows · 2026-06-18 – 2026-08-26 · basis climatology · forecast (batch).
The cone is anchored at the 2026-09-25 issuance close ($14.79) — the price the forecast resolves against on 2026-10-26, 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 KARD has typically landed a month from the 2026-09-25 close of $14.79 — the range is history, not a prediction.
- now $14.79 (+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). $13.84 (-6.4%)
- middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $12.88–$14.8
- 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $11.41–$16.62
| Start | Return | Max drop | Max rise |
|---|---|---|---|
| 3 worst | |||
| 2026-08-25 | −31.2% | −31.2% | +4.8% |
| 2026-08-26 | −30.2% | −32.1% | +3.5% |
| 2026-08-24 | −29.7% | −29.7% | +6.2% |
| 3 best | |||
| 2026-08-04 | +7.0% | −4.3% | +7.7% |
| 2026-07-29 | +5.4% | +0.0% | +11.8% |
| 2026-08-07 | +5.4% | −4.4% | +7.6% |
48 overlapping windows · 2026-06-18 – 2026-09-25 · not cherry-picked
Pending catalysts
- December 2026 — Trial primary completion: Phase 2 primary completion: Study of Efficacy and Safety of Tonlamarsen in Participants With a Recent Hospitalization and a Concurrent Episode of Acute Severe Hypertension (source, as of 2026-08-14)
- September 2027 — Trial primary completion: Phase 2/Phase PHASE3 primary completion: A Study of the Efficacy and Safety of Danicamtiv in Participants With Symptomatic Genetic and Familial Dilated Cardiomyopathy (source, as of 2026-08-14)
- 2028-08-31 — Trial primary completion: Phase 2/Phase PHASE3 primary completion: Ataciguat for Slowing the Progression of Moderate Calcific Aortic Valve Stenosis: A Randomized, Placebo Controlled Study (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.
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.
| Date | Person | Role | Action | Shares @ price | Value | Ownership Δ | vs S&P 1m | vs S&P 6m | Owned after | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-22 | HRTG GPE, LLC | tenPercentOwner | Purchase | 3,125,000 @ $16.00 | $50.0M | +26.6% of holding | −0.0% | not yet — horizon still open | 14,866,868 | Form 4 · filed 2 days after the trade |
| 2026-06-22 | BERNS PAUL L | director | Purchase | 1,250,000 @ $16.00 | $20.0M | +9.1% of holding | −0.0% | not yet — horizon still open | 15,042,035 | Form 4 · filed 2 days after the trade |
| 2026-06-22 | ARCH Venture Partners XIII, LLC | director | Purchase | 1,250,000 @ $16.00 | $20.0M | +9.1% of holding | −0.0% | not yet — horizon still open | 15,042,035 | Form 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.
115 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.
| Date | Person | Role | Action | Shares | Owned after | Filing |
|---|---|---|---|---|---|---|
| 2026-06-17 | Edelberg Jay | officer | Award / grant | 47,784 | 183,327 | Form 4 |
| 2026-06-17 | Meeker David P | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | Pasternak Andy | director | Award / grant | 79,640 | 79,640 | Form 4 |
| 2026-06-17 | Jahn Brianne | officer | Award / grant | 79,640 | 79,640 | Form 4 |
| 2026-06-17 | Giordano Douglas E. | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | Walbert Timothy P | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | Walbert Timothy P | director | Award / grant | 57,573 | 57,573 | Form 4 |
| 2026-06-17 | Popovits Kimberly J | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | PERCEPTIVE ADVISORS LLC | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | Moriarty John B | officer | Award / grant | 47,784 | 47,784 | Form 4 |
| 2026-06-17 | BERNS PAUL L | director | Award / grant | 20,706 | 20,706 | Form 4 |
| 2026-06-17 | BERNS PAUL L | director | Conversion | 5,148,587 | 0 | Form 4 |
| 2026-06-17 | BERNS PAUL L | director | Conversion | 1,204,000 | 0 | Form 4 |
| 2026-06-17 | BERNS PAUL L | director | Conversion | 2,306,401 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 13,792,035 | 13,792,035 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 5,148,587 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 1,204,000 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 2,306,401 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 13,792,035 | 13,792,035 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 5,148,587 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 1,204,000 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 2,306,401 | 0 | Form 4 |
| 2026-06-17 | Edelberg Jay | officer | Conversion | 97,587 | 135,543 | Form 4 |
| 2026-06-17 | Edelberg Jay | officer | Conversion | 61,268 | 0 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 28,702 | 5,665,090 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 41,001 | 2,422,520 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 498,692 | 498,692 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 18,020 | 0 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 25,742 | 0 | Form 4 |
| 2026-06-17 | GIANAKAKOS ANASTASIOS | director | Conversion | 313,092 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 13,792,035 | 13,792,035 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 5,148,587 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 1,204,000 | 0 | Form 4 |
| 2026-06-17 | ARCH Venture Partners XIII, LLC | director | Conversion | 2,306,401 | 0 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 2,050,166 | 2,050,166 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 6,150,502 | 6,150,502 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 3,242,993 | 9,393,495 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 2,348,373 | 11,741,868 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 1,287,146 | 0 | Form 4 |
| 2026-06-17 | HRTG GPE, LLC | tenPercentOwner | Conversion | 3,861,440 | 0 | Form 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.