leading the field in the discovery of drugs that modulate the effects of cortisol the adverse effects of excess cortisol have been corcept’s focus since the company’s inception. abnormal levels and release of cortisol play a role in a variety of metabolic, oncological, and psychiatric diseases, and we are currently studying a new generation of compounds that may mitigate the effects of excess cortisol. in addition to our work with mifepristone, we have developed over 300 proprietary molecules, advancing the most promising of these to the clinic to see if they can mitigate the effects of excess cortisol and the serious, sometimes life-threatening conditions that may result. all of these compounds competitively block the glucocorticoid receptor (gr), but not the progesterone receptor. scientific literature suggests that competitive gr antagonism may have a role in treating many conditions, including post-traumatic stress disorder, mild cognitive impairment, alzheimer’s disease, alcoholis

Company profile
Ticker
CORT
Exchange
Website
CEO
Joseph Belanoff
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
770487658
CORT stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Corcept Therapeutics Announces Third Quarter Financial Results
1 Nov 23
UPLOAD
Letter from SEC
24 Aug 23
CORRESP
Correspondence with SEC
15 Aug 23
UPLOAD
Letter from SEC
7 Aug 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
8-K
Corcept Therapeutics Announces Second Quarter Financial Results
2 Aug 23
8-K
Amendments to Articles of Incorporation or Bylaws
24 May 23
DEFA14A
Additional proxy soliciting materials
8 May 23
10-Q
2023 Q1
Quarterly report
3 May 23
Transcripts
CORT
Earnings call transcript
2023 Q3
1 Nov 23
CORT
Earnings call transcript
2023 Q2
2 Aug 23
CORT
Earnings call transcript
2023 Q1
3 May 23
CORT
Earnings call transcript
2022 Q4
28 Feb 23
CORT
Earnings call transcript
2022 Q3
4 Nov 22
CORT
Earnings call transcript
2022 Q2
4 Aug 22
CORT
Earnings call transcript
2022 Q1
6 May 22
CORT
Earnings call transcript
2021 Q4
16 Feb 22
CORT
Earnings call transcript
2021 Q3
4 Nov 21
CORT
Earnings call transcript
2021 Q2
30 Jul 21
Latest ownership filings
144
Notice of proposed sale of securities
1 Dec 23
144
Notice of proposed sale of securities
1 Dec 23
144
Notice of proposed sale of securities
1 Dec 23
4
JAMES N WILSON
15 Nov 23
4
Joseph Douglas Lyon
3 Nov 23
4
Sean Maduck
3 Nov 23
4
Daniel N Swisher JR
3 Nov 23
144
Notice of proposed sale of securities
1 Nov 23
144
Notice of proposed sale of securities
1 Nov 23
144
Notice of proposed sale of securities
1 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 111.80 mm | 111.80 mm | 111.80 mm | 111.80 mm | 111.80 mm | 111.80 mm |
Cash burn (monthly) | 20.19 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 43.35 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 68.45 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
79.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 239 |
Opened positions | 40 |
Closed positions | 24 |
Increased positions | 80 |
Reduced positions | 89 |
13F shares | Current |
---|---|
Total value | 1.97 tn |
Total shares | 81.43 mm |
Total puts | 238.60 k |
Total calls | 396.80 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 15.20 mm | $414.05 bn |
Vanguard | 9.30 mm | $253.31 bn |
Ingalls & Snyder | 8.34 mm | $227.23 mm |
Renaissance Technologies | 6.61 mm | $180.84 bn |
Parallel Advisors | 3.72 mm | $101.45 bn |
Novo Holdings A/S | 3.38 mm | $92.04 bn |
STT State Street | 3.14 mm | $85.63 bn |
Dimensional Fund Advisors | 2.31 mm | $62.89 bn |
Geode Capital Management | 1.96 mm | $53.34 bn |
Boston Trust Walden | 1.83 mm | $49.78 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Nov 23 | Wilson James N | Common Stock | Gift | Dispose G | Yes | No | 0 | 3,000 | 0.00 | 1,316,026 |
2 Nov 23 | Maduck Sean | Common Stock | Sell | Dispose S | No | Yes | 28.1102 | 19,888 | 559.06 k | 73,291 |
2 Nov 23 | Maduck Sean | Common Stock | Option exercise | Acquire M | No | No | 2.61 | 19,888 | 51.91 k | 93,179 |
2 Nov 23 | Maduck Sean | Stock option Common Stock | Option exercise | Dispose M | No | No | 2.61 | 19,888 | 51.91 k | 20,009 |
2 Nov 23 | Joseph Douglas Lyon | Common Stock | Sell | Dispose S | No | Yes | 28.1102 | 3,977 | 111.79 k | 5,854 |
2 Nov 23 | Joseph Douglas Lyon | Common Stock | Option exercise | Acquire M | No | No | 11.35 | 3,977 | 45.14 k | 9,831 |
2 Nov 23 | Joseph Douglas Lyon | Stock option Common Stock | Option exercise | Dispose M | No | No | 11.35 | 3,977 | 45.14 k | 49,167 |
1 Nov 23 | Daniel N Swisher JR | Common Stock | Sell | Dispose S | No | Yes | 27.96 | 2,200 | 61.51 k | 0 |
1 Nov 23 | Daniel N Swisher JR | Common Stock | Option exercise | Acquire M | No | No | 5.86 | 2,200 | 12.89 k | 2,200 |
1 Nov 23 | Daniel N Swisher JR | Stock option Common Stock | Option exercise | Dispose M | No | No | 5.86 | 2,200 | 12.89 k | 17,750 |
News
Where Corcept Therapeutics Stands With Analysts
6 Nov 23
Truist Securities Upgrades Corcept Therapeutics to Buy, Raises Price Target to $38
6 Nov 23
Clorox To Rally Around 30%? Here Are 10 Top Analyst Forecasts For Thursday
2 Nov 23
HC Wainwright & Co. Maintains Buy on Corcept Therapeutics, Raises Price Target to $34
2 Nov 23
Corcept Appoints Monica Tellado As President, Emerging Markets
1 Nov 23
Press releases
Corcept Therapeutics Announces Third Quarter Financial Results and Provides Corporate Update
1 Nov 23
Corcept Appoints Monica Tellado as President, Emerging Markets
1 Nov 23
Corcept Initiates MONARCH – A Phase 2b Trial in Non-Alcoholic Steatohepatitis (NASH)
26 Oct 23
Corcept Therapeutics to Announce Third Quarter Financial Results, Provide Corporate Update and Host Conference Call
25 Oct 23