biote (BTMD)

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)	38.23 mm	38.23 mm	38.23 mm	38.23 mm	38.23 mm	38.23 mm
Cash burn (monthly)	(no burn)	2.28 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	9.17 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	29.06 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	12.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from biote earnings reports.

Institutional ownership, Q3 2024

BTMD institutional ownership history Ownership history

37.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	84	76	+10.5%
Opened positions	16	28	-42.9%
Closed positions	8	6	+33.3%
Increased positions	30	31	-3.2%
Reduced positions	18	9	+100.0%

13F shares	Current	Prev Q	Change
Total value	96.37 bn	116.86 bn	-17.5%
Total shares	20.20 mm	18.14 mm	+11.3%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
325 Capital	4.55 mm	$25.38 bn	+20.7%
Bandera Partners	2.44 mm	$13.59 bn	0.0%
Roystone Capital Management	2.35 mm	$9.26 mm	0.0%
BlackRock	1.73 mm	$9.63 bn	NEW
Vanguard	1.42 mm	$7.91 bn	+2.7%
Wasatch Advisors	1.39 mm	$7.77 bn	+8.4%
Dimensional Fund Advisors	678.46 k	$3.79 bn	+2.8%
Boston Partners	615.34 k	$3.43 bn	-8.1%
Geode Capital Management	558.99 k	$3.12 bn	-9.6%
SW Investment Management	500.00 k	$2.79 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
BlackRock	1.73 mm	+1.73 mm	NEW
BLK BlackRock	0.00	-1.61 mm	EXIT
325 Capital	4.55 mm	+781.46 k	+20.7%
Acadian Asset Management	448.51 k	+355.26 k	+381.0%
Globeflex Capital L P	272.40 k	+272.40 k	NEW
Millennium Management	0.00	-119.63 k	EXIT
Wasatch Advisors	1.39 mm	+107.79 k	+8.4%
NTRS Northern Trust	262.46 k	+104.14 k	+65.8%
Sanders Morris Harris	180.97 k	+102.71 k	+131.2%
First Trust Advisors	78.94 k	+78.94 k	NEW

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

BTMD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Sep 24	Robert Charles Peterson	Class A Common Stock	Sell	Dispose S	No	No	6.2009	32,874	203.85 k	0
9 Jul 24	Robert Charles Peterson	Class A Common Stock	Sell	Dispose S	No	No	7.5672	11,376	86.08 k	32,874
8 Jul 24	Robert Charles Peterson	Class A Common Stock	Option exercise	Acquire M	No	No	0	44,250	0.00	44,250
8 Jul 24	Robert Charles Peterson	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	44,250	0.00	0
21 May 24	Debra L Morris	Class A Common Stock	Option exercise	Acquire M	No	No	0	9,110	0.00	39,110
21 May 24	Debra L Morris	Stock Option Class A Common Stock	Grant	Acquire A	No	No	5.57	65,258	363.49 k	153,657
21 May 24	Debra L Morris	Deferred Settlement RSU Class A Common Stock	Grant	Acquire A	No	No	0	10,395	0.00	10,395
21 May 24	Debra L Morris	Deferred Settlement RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	9,110	0.00	0
21 May 24	Dana Lynn Jacoby	Class A Common Stock	Option exercise	Acquire M	No	No	0	11,595	0.00	50,970
21 May 24	Dana Lynn Jacoby	Stock Option Class A Common Stock	Grant	Acquire A	No	No	5.57	65,258	363.49 k	143,763

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

News

From Benzinga Pro

Craig-Hallum Initiates Coverage On Biote with Buy Rating, Announces Price Target of $12

16 Dec 24

Craig-Hallum analyst Alex Fuhrman initiates coverage on Biote (NASDAQ:BTMD) with a Buy rating and announces Price Target of $12.

Biote Lowers FY2024 Sales Guidance from $200.00M-204.00M to $197.00M-$201.00M

12 Nov 24

Biote (NASDAQ:BTMD) lowers FY2024 sales outlook from $200.00 million-204.00 million to $197.00 million-201.00 million.

Biote Q3 EPS $0.33 Beats $0.09 Estimate, Sales $51.38M Inline

12 Nov 24

Biote (NASDAQ:BTMD) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.09 by 266.67 percent. This is a 37.5 percent increase over earnings of $0.24 per share from the same

Earnings Scheduled For November 12, 2024

12 Nov 24