CEL-SCI (CVM)

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)	10.95 mm	10.95 mm	10.95 mm	10.95 mm	10.95 mm	10.95 mm
Cash burn (monthly)	(no burn)	(no burn)	2.01 mm	2.07 mm	1.56 mm	1.43 mm
Cash used (since last report)	n/a	n/a	8.66 mm	8.90 mm	6.70 mm	6.14 mm
Cash remaining	n/a	n/a	2.29 mm	2.05 mm	4.25 mm	4.81 mm
Runway (months of cash)	n/a	n/a	1.1	1.0	2.7	3.4

Beta Read what these cash burn values mean

Financial data from CEL-SCI earnings reports.

Institutional ownership, Q4 2024

CVM institutional ownership history Ownership history

99.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	61	43	+41.9%
Opened positions	30	10	+200.0%
Closed positions	12	34	-64.7%
Increased positions	6	9	-33.3%
Reduced positions	8	5	+60.0%

13F shares	Current	Prev Q	Change
Total value	2.82 bn	5.27 bn	-46.4%
Total shares	6.80 mm	5.13 mm	+32.7%
Total puts	184.20 k	0.00	NEW
Total calls	38.30 k	0.00	NEW
Total put/call ratio	4.8	–	–

Largest owners	Shares	Value	Change
Vanguard	2.37 mm	$948.23 mm	-1.7%
BLK BlackRock	794.95 k	$317.90 mm	+2.0%
Sabby Management	711.74 k	$284.62 mm	NEW
Geode Capital Management	572.48 k	$229.00 mm	-6.6%
Advisor	432.13 k	$376.69 mm	0.0%
STT State Street	215.21 k	$86.06 mm	NEW
Thoroughbred Financial Services	191.66 k	$76.00 k	+40.1%
MAI Capital Management	159.60 k	$63.83 mm	NEW
NTRS Northern Trust	118.31 k	$47.31 mm	0.0%
Bridgeway Capital Management	114.30 k	$45.71 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Sabby Management	711.74 k	+711.74 k	NEW
STT State Street	215.21 k	+215.21 k	NEW
MAI Capital Management	159.60 k	+159.60 k	NEW
Bridgeway Capital Management	114.30 k	+114.30 k	NEW
UBS UBS	97.09 k	+97.09 k	NEW
Two Sigma Investments	81.59 k	+81.59 k	NEW
Susquehanna International	80.87 k	+80.87 k	NEW
Thoroughbred Financial Services	191.66 k	+54.90 k	+40.1%
Calton & Associates	0.00	-47.14 k	EXIT
Gsa Capital Partners	45.75 k	+45.75 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

CVM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Jan 26	Kersten Geert R	Common Stock	Buy	Acquire P	No	No	5.26	38,023	200.00 k	120,815
31 Dec 25	Kersten Geert R	Common Stock	Grant	Acquire A	No	No	5.26	998	5.25 k	82,792
31 Dec 25	Prichep Patricia B	Common Stock	Grant	Acquire A	No	No	5.26	815	4.29 k	12,028
31 Dec 25	Talor Eyal	Common Stock	Grant	Acquire A	No	No	5.26	456	2.40 k	6,264
4 Dec 25	Kersten Geert R	Common Stock	Buy	Acquire P	No	No	5.96	8,389	50.00 k	81,794

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