Aerovate Therapeutics (AVTE)

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)	31.12 mm	31.12 mm	31.12 mm	31.12 mm	31.12 mm	31.12 mm
Cash burn (monthly)	(no burn)	88.75 k	5.80 mm	7.52 mm	5.35 mm	6.25 mm
Cash used (since last report)	n/a	379.03 k	24.78 mm	32.12 mm	22.84 mm	26.67 mm
Cash remaining	n/a	30.74 mm	6.33 mm	-1.01 mm	8.28 mm	4.44 mm
Runway (months of cash)	n/a	346.3	1.1	-0.1	1.5	0.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

AVTE institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	80	88	-9.1%
Opened positions	14	38	-63.2%
Closed positions	22	31	-29.0%
Increased positions	23	29	-20.7%
Reduced positions	18	10	+80.0%

13F shares	Current	Prev Q	Change
Total value	56.23 bn	44.70 bn	+25.8%
Total shares	36.55 mm	36.08 mm	+1.3%
Total puts	26.60 k	129.40 k	-79.4%
Total calls	115.70 k	184.50 k	-37.3%
Total put/call ratio	0.2	0.7	-67.2%

Largest owners	Shares	Value	Change
Ra Capital Management	9.19 mm	$19.21 bn	0.0%
Sofinnova Investments	3.76 mm	$7.86 bn	0.0%
Sofinnova Venture Partners X	3.76 mm	$72.81 mm	0.0%
Atlas Venture Associates XII	3.10 mm	$61.89 mm	0.0%
TCG Crossover Management	2.24 mm	$4.68 bn	0.0%
Atlas Venture Fund XII	2.04 mm	$62.24 mm	0.0%
Atlas Venture Life Science Advisors	1.80 mm	$3.76 bn	0.0%
Deerfield Management	1.41 mm	$2.95 bn	0.0%
Vanguard	1.15 mm	$2.41 bn	+4.2%
BlackRock	953.68 k	$1.99 bn	NEW

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-983.06 k	EXIT
BlackRock	953.68 k	+953.68 k	NEW
Artal	0.00	-809.60 k	EXIT
Eversept Partners	485.14 k	+485.14 k	NEW
Millennium Management	196.64 k	-445.30 k	-69.4%
Affinity Asset Advisors	600.00 k	+400.00 k	+200.0%
Acadian Asset Management	359.38 k	+359.38 k	NEW
Gsa Capital Partners	413.80 k	+287.16 k	+226.8%
MS Morgan Stanley	333.97 k	+282.20 k	+545.1%
BAC Bank of America	261.03 k	+241.87 k	+1262.4%

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

AVTE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Aug 24	Benjamin T Dake	Common Stock	Option exercise	Acquire M	No	No	1.74	1,507	2.62 k	14,252
1 Aug 24	Benjamin T Dake	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.74	1,507	2.62 k	0
31 Jul 24	Benjamin T Dake	Common Stock	Option exercise	Acquire M	No	No	1.74	11,454	19.93 k	12,745
31 Jul 24	Benjamin T Dake	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.74	10,548	18.35 k	1,507
31 Jul 24	Benjamin T Dake	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.74	906	1.58 k	0
17 Jun 24	Ra Capital Management	Common Stock	Buy	Acquire P	Yes	No	1.67	928,110	1.55 mm	7,893,678
14 Jun 24	George A Eldridge	Common Stock	Sell	Dispose S	No	Yes	25.03	15,000	375.45 k	5,022
14 Jun 24	George A Eldridge	Common Stock	Option exercise	Acquire M	No	Yes	2.14	15,000	32.10 k	20,022
14 Jun 24	George A Eldridge	Stock Option Common Stock	Option exercise	Dispose M	No	Yes	2.14	15,000	32.10 k	28,763
14 Jun 24	Marinus Verwijs	Common Stock	Sell	Dispose S	No	Yes	25	10,600	265.00 k	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates MHLD, IPG, AVTE on Behalf of Shareholders

26 Jan 25

NEW YORK, Jan. 26, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VTS, AVTE, MHLD, IPG on Behalf of Shareholders

24 Jan 25

NEW YORK, Jan. 24, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties

$HAREHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger - IPG, VTS, AVTE, MHLD

23 Jan 25

NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities

AVTE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Aerovate Therapeutics, Inc. Is Fair to Shareholders

28 Dec 24

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AVTE, STAF, ALVR on Behalf of Shareholders

23 Dec 24