Accolade (ACCD)

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)	185.92 mm	185.92 mm	185.92 mm	185.92 mm	185.92 mm	185.92 mm
Cash burn (monthly)	(no burn)	3.67 mm	40.77 mm	15.37 mm	3.24 mm	563.25 k
Cash used (since last report)	n/a	7.43 mm	82.49 mm	31.09 mm	6.56 mm	1.14 mm
Cash remaining	n/a	178.49 mm	103.43 mm	154.83 mm	179.36 mm	184.78 mm
Runway (months of cash)	n/a	48.6	2.5	10.1	55.3	328.1

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Financial data from Accolade earnings reports.

Institutional ownership, Q3 2024

ACCD institutional ownership history Ownership history

86.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	151	150	+0.7%
Opened positions	33	31	+6.5%
Closed positions	32	28	+14.3%
Increased positions	50	58	-13.8%
Reduced positions	48	36	+33.3%

13F shares	Current	Prev Q	Change
Total value	242.51 bn	230.58 bn	+5.2%
Total shares	70.88 mm	69.61 mm	+1.8%
Total puts	1.59 mm	496.10 k	+220.8%
Total calls	179.70 k	60.00 k	+199.5%
Total put/call ratio	8.9	8.3	+7.1%

Largest owners	Shares	Value	Change
BlackRock	6.24 mm	$24.03 bn	NEW
Capital Management, L.L.C. AH	5.40 mm	$20.79 bn	0.0%
ARK Investment Management	5.38 mm	$20.72 bn	-4.6%
Brown Advisory	4.82 mm	$18.57 bn	-11.5%
Vanguard	4.16 mm	$16.01 bn	+0.9%
Millennium Management	3.99 mm	$15.35 bn	+52.0%
Andreessen Horowitz Fund IV	3.78 mm	$0.00	0.0%
Deerfield Management	3.48 mm	$13.38 bn	0.0%
Prosight Management	2.80 mm	$10.79 bn	+88.1%
Acadian Asset Management	2.06 mm	$7.92 mm	+498.5%

Largest transactions	Shares	Bought/sold	Change
BlackRock	6.24 mm	+6.24 mm	NEW
BLK BlackRock	0.00	-6.16 mm	EXIT
JPM JPMorgan Chase & Co.	55.02 k	-2.90 mm	-98.1%
Rock Springs Capital Management	160.22 k	-2.13 mm	-93.0%
Acadian Asset Management	2.06 mm	+1.71 mm	+498.5%
Millennium Management	3.99 mm	+1.36 mm	+52.0%
Prosight Management	2.80 mm	+1.31 mm	+88.1%
Whetstone Capital Advisors	997.89 k	+997.89 k	NEW
D. E. Shaw & Co.	1.28 mm	+976.18 k	+318.8%
JFG Wealth Management	0.00	-854.16 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ACCD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Jan 25	Stephen H. Barnes	Common Stock	Option exercise	Acquire M	No	No	4.2	78,000	327.60 k	300,244
17 Jan 25	Stephen H. Barnes	Stock Option Common Stock	Option exercise	Dispose M	No	No	4.2	78,000	327.60 k	0
17 Jan 25	Stephen H. Barnes	Common Stock	Sell	Dispose S	No	No	6.859	154	1.06 k	222,244
17 Jan 25	Singh Rajeev	Common Stock	Sell	Dispose S	No	No	6.859	309	2.12 k	820,211
17 Jan 25	Cavanaugh Robert N	Common Stock	Sell	Dispose S	No	No	6.859	186	1.28 k	215,089
16 Jan 25	Stephen H. Barnes	Common Stock	Option exercise	Acquire M	No	No	0	415	0.00	222,398
16 Jan 25	Stephen H. Barnes	RSU Common Stock	Option exercise	Dispose M	No	No	0	415	0.00	2,074
16 Jan 25	Singh Rajeev	Common Stock	Option exercise	Acquire M	No	No	0	932	0.00	820,520
16 Jan 25	Singh Rajeev	RSU Common Stock	Option exercise	Dispose M	No	No	0	932	0.00	4,665
16 Jan 25	Cavanaugh Robert N	Common Stock	Option exercise	Acquire M	No	No	0	510	0.00	215,275