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Karyopharm Therapeutics (KPTI)

Company Profile
Karyopharm Therapeutics Inc. is a commercial-stage pharmaceutical company pioneering novel cancer therapies and dedicated to the discovery, development, and commercialization of novel first-in-class drugs directed against nuclear export and related targets for the treatment of cancer and other major diseases. Karyopharm's Selective Inhibitor of Nuclear Export (SINE) compounds function by binding with and inhibiting the nuclear export protein XPO1 (or CRM1). Karyopharm's lead compound, XPOVIO® (selinexor), is approved in the U.S. in multiple hematologic malignancy indications, including in combination with Velcade® (bortezomib) and dexamethasone for the treatment of patients with multiple myeloma after at least one prior therapy, in combination with dexamethasone for the treatment of patients with heavily pretreated multiple myeloma and as a monotherapy for the treatment of patients with relapsed or refractory diffuse large B-cell lymphoma. A Marketing Authorization Application for NEXPOVIO® (selinexor) for patients with heavily pretreated multiple myeloma is also currently under review by the European Medicines Agency. In addition to single-agent and combination activity against a variety of human cancers, SINE compounds have also shown biological activity in models of neurodegeneration, inflammation, autoimmune disease, certain viruses and wound-healing. Karyopharm has several investigational programs in clinical or preclinical development.
Karyopharm Therapeutics logo

Company profile

Ticker
KPTI
Exchange
NASDAQ
Website
karyopharm.com
CEO
Michael Kauffman
Employees
Incorporated
Delaware
Location
Massachusetts
Fiscal year end
Dec 31
Sector
Manufacturing > Pharmaceutical Preparation Manufacturing
Industry (SIC)
Pharmaceutical Preparations
Pfizer • Johnson & Johnson • Merck & Co • Abbott Laboratories • Teva- Pharmaceutical Industries • Bristol-Myers Squibb • Lilly(Eli) & Co • Viatris • Abbvie • Celgene ...
SEC CIK
0001503802
Corporate docs
Articles of Incorporation & Bylaws
Underwriting Agreements
Indentures
Material Contracts & Credit Agreements
Subsidiaries Lists
Subsidiaries
Karyopharm Securities Corp. • Karyopharm Europe GmbH • Karyopharm Israel Ltd. ...
IRS number
263931704

KPTI stock data

Analyst ratings and price targets

Last 3 months
Current price
Average target
$8.50
Low target
$5.00
High target
$16.00
Morgan Stanley
Maintains
Equal-Weight
$5.00
27 Jan 23
Piper Sandler
Initiated
Overweight
$8.00
19 Jan 23
HC Wainwright & Co.
Maintains
Buy
$16.00
10 Jan 23
SVB Leerink
Maintains
Market Perform
$5.00
10 Jan 23
Latest filings (excl ownership)
View all
8-K
Karyopharm Announces Preliminary Unaudited Fourth Quarter and Full Year 2022 Revenue and Outlines 2023 Objectives
9 Jan 23
EFFECT
Notice of effectiveness
4 Jan 23
CORRESP
Correspondence with SEC
29 Dec 22
UPLOAD
Letter from SEC
28 Dec 22
S-3
Shelf registration
23 Dec 22
8-K
Other Events
13 Dec 22
D
$165.00 mm in equity / options / securities to be acquired, sold $165.00 mm, 33 investors
8 Dec 22
8-K
Karyopharm Announces $165 Million Private Placement
5 Dec 22
8-K
Amendments to Articles of Incorporation or Bylaws
2 Dec 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
Transcripts
View all
KPTI
Earnings call transcript
2022 Q3
4 Nov 22
KPTI
Earnings call transcript
2022 Q2
4 Aug 22
KPTI
Earnings call transcript
2022 Q1
6 May 22
KPTI
Earnings call transcript
2021 Q4
8 Feb 22
KPTI
Earnings call transcript
2021 Q3
3 Nov 21
KPTI
Earnings call transcript
2021 Q2
5 Aug 21
KPTI
Earnings call transcript
2021 Q1
3 May 21
KPTI
Earnings call transcript
2020 Q4
11 Feb 21
KPTI
Earnings call transcript
2020 Q3
2 Nov 20
KPTI
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
View all
SC 13G/A
STATE STREET CORP
2 Feb 23
SC 13G/A
BlackRock Inc.
26 Jan 23
SC 13G
BlackRock Inc.
20 Jan 23
4
Richard A. Paulson
5 Jan 23
SC 13G
Avidity Partners Management LP
8 Dec 22
4
Richard A. Paulson
6 Dec 22
4
Richard A. Paulson
8 Nov 22
4
Richard A. Paulson
5 Oct 22
4
Richard A. Paulson
9 Sep 22
4
Stephen Mitchener
1 Sep 22

Financial summary

Financial statements Chart KPTI financial data
Quarter (USD) Sep 22 Jun 22 Mar 22 Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
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) 73.06 mm 73.06 mm 73.06 mm 73.06 mm 73.06 mm 73.06 mm
Cash burn (monthly) 3.66 mm 5.62 mm 12.09 mm 6.63 mm 9.46 mm 8.10 mm
Cash used (since last report) 15.37 mm 23.61 mm 50.84 mm 27.86 mm 39.76 mm 34.07 mm
Cash remaining 57.69 mm 49.45 mm 22.21 mm 45.19 mm 33.30 mm 38.99 mm
Runway (months of cash) 15.8 8.8 1.8 6.8 3.5 4.8

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

KPTI institutional ownership history Ownership history
50.7% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 142 146 -2.7%
Opened positions 16 25 -36.0%
Closed positions 20 18 +11.1%
Increased positions 61 41 +48.8%
Reduced positions 42 58 -27.6%
13F shares Current Prev Q Change
Total value 313.29 mm 301.49 mm +3.9%
Total shares 57.38 mm 66.85 mm -14.2%
Total puts 322.10 k 311.40 k +3.4%
Total calls 311.45 k 553.35 k -43.7%
Total put/call ratio 1.0 0.6 +83.8%
Largest owners Shares Value Change
BLK Blackrock 7.91 mm $43.20 mm -2.6%
Palo Alto Investors 5.62 mm $30.69 mm 0.0%
Vanguard 4.81 mm $26.28 mm +14.0%
Rubric Capital Management 3.99 mm $21.79 mm -9.3%
Nuveen Asset Management 1.97 mm $10.76 mm +4.0%
Commodore Capital 1.94 mm $10.57 mm 0.0%
Citadel Advisors 1.81 mm $9.88 mm +343.2%
Jacobs Levy Equity Management 1.58 mm $8.64 mm +3.6%
Ally Bridge 1.53 mm $8.35 mm NEW
Woodline Partners 1.51 mm $8.26 mm NEW
Largest transactions Shares Bought/sold Change
STT State Street 0.00 -10.36 mm EXIT
Ally Bridge 1.53 mm +1.53 mm NEW
Woodline Partners 1.51 mm +1.51 mm NEW
Citadel Advisors 1.81 mm +1.40 mm +343.2%
MS Morgan Stanley 1.08 mm -1.31 mm -54.8%
Iron Triangle Partners 0.00 -1.10 mm EXIT
Walleye Capital 673.67 k -1.07 mm -61.4%
Two Sigma Investments 228.34 k -795.42 k -77.7%
Acadian Asset Management 850.58 k +665.28 k +359.0%
Vanguard 4.81 mm +591.42 k +14.0%
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

KPTI insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
4 Jan 23 Richard A. Paulson Common Stock Sell Dispose S No No 3.27 3,922 12.82 k 608,605
5 Dec 22 Richard A. Paulson Common Stock Sell Dispose S No No 5.17 3,490 18.04 k 612,527
4 Nov 22 Richard A. Paulson Common Stock Sell Dispose S No No 4.54 3,493 15.86 k 616,017
4 Oct 22 Richard A. Paulson Common Stock Sell Dispose S No No 5.87 3,488 20.47 k 619,510
8 Sep 22 Richard A. Paulson Common Stock Sell Dispose S No No 5.23 3,463 18.11 k 622,998
8 Sep 22 Richard A. Paulson Common Stock Sell Dispose S No No 5.2563 16 84.10 626,461
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro
Morgan Stanley Maintains Equal-Weight on Karyopharm Therapeutics, Lowers Price Target to $5
27 Jan 23
Morgan Stanley analyst Michael Ulz maintains Karyopharm Therapeutics (NASDAQ:KPTI) with a Equal-Weight and lowers the price target from $7 to $5.
Analyst Ratings for Karyopharm Therapeutics
19 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 19, 2023
19 Jan 23
Piper Sandler Initiates Coverage On Karyopharm Therapeutics with Overweight Rating, Announces Price Target of $8
19 Jan 23
National Instruments, Virgin Galactic And Other Big Stocks Moving Higher On Friday
13 Jan 23

Press releases

From Benzinga Pro
Karyopharm Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
1 Feb 23
NEWTON, Mass., Feb. 1, 2023 /PRNewswire/ -- Karyopharm Therapeutics Inc. (NASDAQ:KPTI), a commercial-stage pharmaceutical company pioneering novel cancer therapies, today announced that the Company granted an aggregate
Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Karyopharm Therapeutics Inc. (KPTI) Investigation
19 Jan 23
NEW YORK, NY / ACCESSWIRE / January 19, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Karyopharm Therapeutics Inc. ("Karyopharm" or the
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Karyopharm Therapeutics Inc. - KPTI
18 Jan 23
New York, New York--(Newsfile Corp. - January 18, 2023) - Pomerantz LLP is investigating claims on behalf of investors of Karyopharm Therapeutics Inc. ("Karyopharm" or the "Company") (NASDAQ:KPTI). Such investors are
Karyopharm to Present at 41st Annual J.P. Morgan Healthcare Conference
4 Jan 23
Karyopharm Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
3 Jan 23
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