CARGO Therapeutics, Inc. Common Stock (CRGX)

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)	108.31 mm	108.31 mm	108.31 mm	108.31 mm	108.31 mm	108.31 mm
Cash burn (monthly)	(no burn)	3.82 mm	17.63 mm	19.88 mm	25.79 mm	15.80 mm
Cash used (since last report)	n/a	16.49 mm	76.11 mm	85.81 mm	111.34 mm	68.19 mm
Cash remaining	n/a	91.83 mm	32.20 mm	22.50 mm	-3.02 mm	40.12 mm
Runway (months of cash)	n/a	24.0	1.8	1.1	-0.1	2.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

CRGX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	102	82	+24.4%
Opened positions	25	15	+66.7%
Closed positions	5	9	-44.4%
Increased positions	38	38	–
Reduced positions	17	14	+21.4%

13F shares	Current	Prev Q	Change
Total value	744.92 bn	814.20 bn	-8.5%
Total shares	63.34 mm	55.96 mm	+13.2%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
FMR	6.96 mm	$100.39 bn	+0.1%
Samsara BioCapital	4.42 mm	$93.44 mm	0.0%
Samsara BioCapital	4.42 mm	$63.67 bn	0.0%
RTW Investments	4.12 mm	$59.48 bn	+0.6%
Perceptive Advisors	3.68 mm	$53.11 bn	0.0%
BlackRock	2.87 mm	$41.46 bn	+12.9%
JHG Janus Henderson	2.83 mm	$40.86 bn	+5.8%
Nextech Invest	2.64 mm	$38.10 bn	0.0%
Nextech VII GP S.a r.l.	2.64 mm	$38.98 mm	0.0%
T. Rowe Price	2.44 mm	$35.13 mm	-9.6%

Largest transactions	Shares	Bought/sold	Change
Red Tree Management	2.10 mm	+2.10 mm	NEW
TRV GP Vi	1.87 mm	+1.87 mm	NEW
TRV GP V	1.74 mm	+1.74 mm	NEW
BlackRock	2.87 mm	+327.91 k	+12.9%
Sio Capital Management	473.29 k	+299.43 k	+172.2%
T. Rowe Price	2.44 mm	-258.14 k	-9.6%
STT State Street	1.08 mm	+244.65 k	+29.1%
Opaleye Management	750.00 k	+208.56 k	+38.5%
JHG Janus Henderson	2.83 mm	+155.26 k	+5.8%
Wellington Management	2.19 mm	+148.09 k	+7.2%

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

CRGX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value
19 Aug 25	Huber Reid M	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.35	25,000	108.75 k
19 Aug 25	Henderson Jane	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.35	25,000	108.75 k
19 Aug 25	Abraham Bassan	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.35	25,000	108.75 k
19 Aug 25	Orwin John A	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.35	25,000	108.75 k
19 Aug 25	Orwin John A	Stock Option Common Stock	Sale back to company	Dispose D	No	No	1.09	15,865	17.29 k
19 Aug 25	Krishnan Viswanadhan	Stock Option Common Stock	Sale back to company	Dispose D	No	No	4.35	25,000	108.75 k
19 Aug 25	Krishnan Viswanadhan	Stock Option Common Stock	Sale back to company	Dispose D	No	No	1.09	3,173	3.46 k

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

Press releases

From Benzinga Pro

Shareholder Alert: The Ademi Firm Continues to Investigate Whether CARGO Therapeutics, Inc. is Obtaining a Fair Price for its Public Shareholders

15 Sep 25

The Ademi Firm is investigating CARGO (NASDAQ:CRGX) for possible breaches of fiduciary duty and other violations of law in its transaction with Concentra Biosciences. Click here to learn how to join our investigation