oral integrin therapies for patients with immunological, fibrotic, neoplastic and vascular diseases. morphic tx is joining a three decade quest led by our scientific founder, tim springer, who initially discovered the integrin receptor family in the 1980s. this receptor family is an important drug target that has fueled the successful development of six injectable therapies approved for treatment of multiple sclerosis, ulcerative colitis, crohn's disease, plaque psoriasis, acute coronary syndrome and complications during percutaneous coronary intervention. despite blockbuster commercial success, integrins have remained out of reach as small molecule drugs...until now.
Company profile
Ticker
MORF
Exchange
Website
CEO
Praveen P. Tipirneni
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Morphic Holding, LLC
SEC CIK
Corporate docs
Subsidiaries
Morphic Therapeutic, Inc. • Morphic Security Corporation • Morphic Therapeutic UK Ltd ...
IRS number
473878772
MORF stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
12 Mar 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Morphic Announces Corporate Highlights and Financial Results for the Full Year 2023
22 Feb 24
8-K
Results of Operations and Financial Condition
11 Jan 24
8-K
Morphic to Present at the 42nd Annual J.P. Morgan Healthcare Conference
3 Jan 24
8-K
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
6 Dec 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Morphic Announces Corporate Highlights and Financial Results for the Third Quarter 2023
3 Nov 23
8-K
Results of Operations and Financial Condition
12 Oct 23
Transcripts
Latest ownership filings
4
Simon Peter Cooper
19 Mar 24
3
Simon Peter Cooper
19 Mar 24
SC 13G/A
EcoR1 Capital, LLC
15 Feb 24
SC 13G/A
EcoR1 Capital, LLC
14 Feb 24
SC 13G/A
Point72 Asset Management, L.P.
14 Feb 24
SC 13G/A
Artal International S.C.A.
9 Feb 24
SC 13G/A
Polaris Partners VII, L.P.
9 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
SC 13G
WELLINGTON MANAGEMENT GROUP LLP
8 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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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) | 74.79 mm | 74.79 mm | 74.79 mm | 74.79 mm | 74.79 mm | 74.79 mm |
Cash burn (monthly) | 47.68 mm | 894.08 k | 14.92 mm | 12.99 mm | 9.75 mm | 9.07 mm |
Cash used (since last report) | 283.45 mm | 5.32 mm | 88.67 mm | 77.20 mm | 57.96 mm | 53.93 mm |
Cash remaining | -208.66 mm | 69.48 mm | -13.88 mm | -2.41 mm | 16.83 mm | 20.87 mm |
Runway (months of cash) | -4.4 | 77.7 | -0.9 | -0.2 | 1.7 | 2.3 |
Institutional ownership, Q2 2023
96.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 161 |
Opened positions | 156 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 2.21 tn |
Total shares | 48.29 mm |
Total puts | 96.90 k |
Total calls | 290.10 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
FMR | 6.87 mm | $394.08 bn |
EcoR1 Capital | 3.85 mm | $220.55 bn |
Timothy A Springer | 2.77 mm | $108.02 mm |
BLK Blackrock | 2.75 mm | $157.59 bn |
Wellington Management | 2.30 mm | $132.08 bn |
T. Rowe Price | 2.19 mm | $124.97 bn |
Artal International S.C.A. | 2.15 mm | $61.86 mm |
Artal | 2.14 mm | $121.98 bn |
Polaris Partners VII | 2.09 mm | $99.06 mm |
Vanguard | 1.91 mm | $109.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Simon Peter Cooper | RSU Common Stock | Grant | Acquire A | No | No | 0 | 7,000 | 0.00 | 7,000 |
18 Mar 24 | Simon Peter Cooper | RSU Common Stock | Grant | Acquire A | No | No | 0 | 14,000 | 0.00 | 14,000 |
18 Mar 24 | Simon Peter Cooper | Employee Stock Options Common Stock | Grant | Acquire A | No | No | 33.46 | 170,000 | 5.69 mm | 170,000 |
16 Jan 24 | DeVaul William | Common Stock | Sell | Dispose S | No | No | 27.4907 | 4,509 | 123.96 k | 23,029 |
16 Jan 24 | Farrell Robert E Jr | Common Stock | Sell | Dispose S | No | No | 27.4907 | 5,089 | 139.90 k | 34,992 |
16 Jan 24 | Rogers Bruce | Common Stock | Sell | Dispose S | No | No | 27.4907 | 6,314 | 173.58 k | 142,036 |
14 Jan 24 | DeVaul William | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,250 | 0.00 | 27,538 |
14 Jan 24 | DeVaul William | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,250 | 0.00 | 6,500 |
14 Jan 24 | Farrell Robert E Jr | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,470 | 0.00 | 40,081 |
14 Jan 24 | Farrell Robert E Jr | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,470 | 0.00 | 6,940 |
Press releases
Morphic Holding, Inc. (MORF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
26 Mar 24
MORF Investor Notice: Abraham, Fruchter & Twersky, LLP Investigating Claims on Behalf of Investors of Morphic Holding, Inc. (NASDAQ:MORF)
20 Mar 24
Morphic to Participate in March Investor Conferences
5 Mar 24
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Morphic Holding, Inc. (MORF) on Behalf of Investors
11 Jan 24
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Morphic Holding, Inc. (MORF) on Behalf of Investors
10 Jan 24