ClearPoint Neuro, Inc.
CLPT · Surgical & Medical Instruments & Apparatus · 30.0M shares · +9%/yr ↑ dilution · EDGAR filings ↗
Reference price $17.79 · est. market cap ~$534M — last insider sale, 2026-06-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D46Medical-device company (neuro-navigation/MRI-guided devices) with operating losses and cash burn.
Strengths
- Liquidity — current ratio 5.9 (80th)
Risks
- Operating/net losses & cash burn — per metrics
- leverage (D/E 1.8) compounds the burn — per 10-K
- Adoption/reimbursement dependence — per 10-K
Notable findings
- Net lossNet loss (net margin -69.1%)
- Chronic dilutionShare count +9%/yr over 3y (dilution, book value/share -42%)
- Cash burnNegative free cash flow (-24.4M)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, RENAISSANCE TECHNOLOGIES LLC
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
- Insider sellingInsider selling — 8 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$2M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
61.4%
Operating margin
-65.4%
Net margin
-69.1%
Return on equity
-91.1%
Return on assets
-26.1%
ROIC
-24.8%
Revenue growth (QoQ)
16.5%
Debt / equity
1.8×
Current ratio
5.9×
Free cash flow
-$24M
EBITDA
-$23M
Tangible book value
$7M
Cash & investments
$46M
Cash runway
8q
Stock comp / revenue
22.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-17 | BURNETT JOSEPH | Sell | 60K | $17.79 |
| 2026-06-17 | BURNETT JOSEPH | Option exercise | 60K | $2.50 |
| 2026-06-17 | BURNETT JOSEPH | Sell | 1.8K | $17.94 |
| 2026-06-04 | Richards Timothy T. | Tax withheld | 376 | $13.30 |
| 2026-06-04 | Richards Timothy T. | Option exercise | 500 | $10.00 |
| 2026-06-01 | Richards Timothy T. | Sell | 5.4K | $12.17 |
| 2026-05-21 | Klein Matthew B. | Sell | 16K | $11.59 |
| 2026-05-20 | FALLON LYNNETTE C | Sell | 5.1K | $11.14 |
| 2026-05-19 | Girin Pascal E R | Option exercise | 12K | — |
| 2026-05-19 | Klein Matthew B. | Option exercise | 12K | — |
| 2026-05-19 | FALLON LYNNETTE C | Option exercise | 12K | — |
| 2026-05-19 | FLETCHER R JOHN | Option exercise | 12K | — |
| 2026-05-19 | Richards Timothy T. | Option exercise | 12K | — |
| 2026-05-19 | JOHNSON B KRISTINE | Option exercise | 12K | — |
| 2026-05-19 | LIAU LINDA M. | Option exercise | 12K | — |
| 2026-04-01 | FLETCHER R JOHN | Grant | 1.3K | $9.10 |
| 2026-04-01 | Girin Pascal E R | Grant | 755 | $9.10 |
| 2026-04-01 | Richards Timothy T. | Grant | 442 | $9.10 |
| 2026-03-19 | BURNETT JOSEPH | Option exercise | 21K | $3.24 |
| 2026-03-12 | D'Alessandro Danilo | Option exercise | 33K | — |
| 2026-03-12 | D'Alessandro Danilo | Tax withheld | 17K | $11.53 |
| 2026-03-12 | BURNETT JOSEPH | Option exercise | 85K | — |
| 2026-03-12 | BURNETT JOSEPH | Tax withheld | 43K | $11.53 |
| 2026-03-12 | STIGALL L. JEREMY | Option exercise | 31K | — |
| 2026-03-12 | STIGALL L. JEREMY | Tax withheld | 15K | $11.53 |
| 2026-03-12 | SABRA MAZIN | Option exercise | 26K | — |
| 2026-03-12 | SABRA MAZIN | Tax withheld | 13K | $11.53 |
| 2026-03-11 | STIGALL L. JEREMY | Option exercise | 8.3K | — |
| 2026-03-11 | D'Alessandro Danilo | Option exercise | 4.1K | — |
| 2026-03-11 | D'Alessandro Danilo | Tax withheld | 2.1K | $11.62 |
| 2026-03-11 | STIGALL L. JEREMY | Tax withheld | 3.2K | $11.62 |
| 2026-03-06 | BURNETT JOSEPH | Tax withheld | 23K | $10.00 |
| 2026-03-06 | STIGALL L. JEREMY | Option exercise | 18K | — |
| 2026-03-06 | STIGALL L. JEREMY | Tax withheld | 6.9K | $10.00 |
| 2026-03-06 | SABRA MAZIN | Option exercise | 14K | — |
| 2026-03-06 | SABRA MAZIN | Tax withheld | 7.0K | $10.00 |
| 2026-03-06 | D'Alessandro Danilo | Option exercise | 19K | — |
| 2026-03-06 | BURNETT JOSEPH | Option exercise | 47K | — |
| 2026-03-06 | D'Alessandro Danilo | Tax withheld | 9.5K | $10.00 |
| 2026-03-03 | SABRA MAZIN | Option exercise | 6.6K | — |
| 2026-03-03 | BURNETT JOSEPH | Option exercise | 27K | — |
| 2026-03-03 | BURNETT JOSEPH | Tax withheld | 9.5K | $8.84 |
| 2026-03-03 | D'Alessandro Danilo | Option exercise | 10K | — |
| 2026-03-03 | D'Alessandro Danilo | Tax withheld | 5.3K | $8.84 |
| 2026-03-03 | STIGALL L. JEREMY | Option exercise | 8.9K | — |
| 2026-03-03 | STIGALL L. JEREMY | Tax withheld | 4.5K | $8.84 |
| 2026-03-03 | SABRA MAZIN | Tax withheld | 3.4K | $8.84 |
| 2026-02-25 | BURNETT JOSEPH | Sell | 20K | $15.17 |
| 2026-01-26 | BURNETT JOSEPH | Sell | 2.9K | $15.57 |
| 2026-01-09 | BURNETT JOSEPH | Option exercise | 20K | $2.50 |
| 2026-01-09 | BURNETT JOSEPH | Sell | 20K | $16.12 |
| 2026-01-02 | FLETCHER R JOHN | Grant | 422 | $13.68 |
| 2026-01-02 | Richards Timothy T. | Grant | 884 | $13.68 |
| 2026-01-02 | Girin Pascal E R | Grant | 502 | $13.68 |
| 2025-12-31 | D'Alessandro Danilo | Grant | 407 | $9.57 |
| 2025-12-31 | STIGALL L. JEREMY | Grant | 1 | $9.57 |
| 2025-12-31 | SABRA MAZIN | Grant | 386 | $9.57 |
| 2025-12-31 | BURNETT JOSEPH | Grant | 254 | $9.57 |
| 2025-11-21 | D'Alessandro Danilo | Option exercise | 3.6K | $8.10 |
| 2025-10-10 | BURNETT JOSEPH | Sell | 6.6K | $27.64 |
| 2025-10-10 | BURNETT JOSEPH | Sell | 18K | $26.51 |
| 2025-10-10 | BURNETT JOSEPH | Sell | 2.0K | $28.64 |
| 2025-10-10 | BURNETT JOSEPH | Sell | 300 | $29.21 |
| 2025-10-10 | SABRA MAZIN | Tax withheld | 7.5K | $26.11 |
| 2025-10-01 | Girin Pascal E R | Grant | 315 | $21.79 |
| 2025-10-01 | Richards Timothy T. | Grant | 555 | $21.79 |
| 2025-10-01 | FLETCHER R JOHN | Grant | 265 | $21.79 |
| 2025-07-01 | FLETCHER R JOHN | Grant | 484 | $11.94 |
| 2025-07-01 | Richards Timothy T. | Grant | 934 | $11.94 |
| 2025-07-01 | Girin Pascal E R | Grant | 523 | $11.94 |
| 2025-06-30 | BURNETT JOSEPH | Grant | 1.4K | $10.15 |
| 2025-06-30 | D'Alessandro Danilo | Grant | 376 | $10.15 |
| 2025-06-30 | STIGALL L. JEREMY | Grant | 1.6K | $10.15 |
| 2025-06-30 | SABRA MAZIN | Grant | 361 | $10.15 |
| 2025-06-10 | BURNETT JOSEPH | Tax withheld | 15K | $13.29 |
| 2025-06-10 | Richards Timothy T. | Sell | 10K | $13.28 |
| 2025-06-10 | D'Alessandro Danilo | Tax withheld | 4.8K | $13.29 |
| 2025-06-10 | STIGALL L. JEREMY | Tax withheld | 3.6K | $13.29 |
| 2025-06-09 | BURNETT JOSEPH | Sell | 21K | $13.29 |
| 2025-06-03 | FALLON LYNNETTE C | Sell | 9.0K | $12.53 |
| 2025-06-03 | FALLON LYNNETTE C | Sell | 1.2K | $12.88 |
| 2025-05-16 | Girin Pascal E R | Option exercise | 21K | — |
| 2025-05-16 | FLETCHER R JOHN | Option exercise | 21K | — |
| 2025-05-16 | FALLON LYNNETTE C | Option exercise | 21K | — |
| 2025-05-16 | JOHNSON B KRISTINE | Option exercise | 21K | — |
| 2025-05-16 | Klein Matthew B. | Option exercise | 21K | — |
| 2025-05-16 | LIAU LINDA M. | Option exercise | 21K | — |
| 2025-05-16 | Richards Timothy T. | Option exercise | 21K | — |
| 2025-04-01 | FLETCHER R JOHN | Grant | 486 | $11.89 |
| 2025-04-01 | Richards Timothy T. | Grant | 938 | $11.89 |
| 2025-04-01 | Girin Pascal E R | Grant | 525 | $11.89 |
| 2025-03-12 | SABRA MAZIN | Tax withheld | 6.6K | $13.18 |
| 2025-03-12 | SABRA MAZIN | Option exercise | 13K | — |
| 2025-03-12 | STIGALL L. JEREMY | Option exercise | 15K | — |
| 2025-03-12 | STIGALL L. JEREMY | Tax withheld | 5.5K | $13.18 |
| 2025-03-12 | D'Alessandro Danilo | Option exercise | 16K | — |
| 2025-03-12 | D'Alessandro Danilo | Tax withheld | 8.3K | $13.18 |
| 2025-03-12 | BURNETT JOSEPH MICHAEL | Option exercise | 42K | — |
| 2025-03-12 | BURNETT JOSEPH MICHAEL | Tax withheld | 23K | $13.18 |
| 2025-03-11 | D'Alessandro Danilo | Option exercise | 4.1K | — |
| 2025-03-11 | D'Alessandro Danilo | Tax withheld | 2.1K | $12.70 |
| 2025-03-11 | STIGALL L. JEREMY | Option exercise | 8.3K | — |
| 2025-03-11 | STIGALL L. JEREMY | Tax withheld | 3.0K | $12.70 |
| 2025-03-06 | SABRA MAZIN | Tax withheld | 7.0K | $13.19 |
| 2025-03-06 | D'Alessandro Danilo | Option exercise | 19K | — |
| 2025-03-06 | D'Alessandro Danilo | Tax withheld | 9.5K | $13.19 |
| 2025-03-06 | BURNETT JOSEPH MICHAEL | Tax withheld | 26K | $13.19 |
| 2025-03-06 | BURNETT JOSEPH MICHAEL | Option exercise | 47K | — |
| 2025-03-06 | STIGALL L. JEREMY | Option exercise | 18K | — |
| 2025-03-06 | STIGALL L. JEREMY | Tax withheld | 6.4K | $13.19 |
| 2025-03-06 | SABRA MAZIN | Option exercise | 14K | — |
| 2025-02-22 | STIGALL L. JEREMY | Tax withheld | 908 | $16.72 |
| 2025-01-02 | Girin Pascal E R | Grant | 406 | $15.38 |
| 2025-01-02 | LIAU LINDA M. | Grant | 193 | $15.38 |
| 2025-01-02 | Richards Timothy T. | Grant | 725 | $15.38 |
| 2025-01-02 | FLETCHER R JOHN | Grant | 375 | $15.38 |
| 2024-12-31 | BURNETT JOSEPH MICHAEL | Grant | 251 | $4.53 |
| 2024-12-31 | STIGALL L. JEREMY | Grant | 251 | $4.53 |
| 2024-12-31 | SABRA MAZIN | Grant | 784 | $4.53 |
| 2024-12-31 | D'Alessandro Danilo | Grant | 1.9K | $4.53 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-21 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-13 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-17 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-05 | Exhibits | filing ↗ |
| 2026-01-12 | ResultsExhibits | filing ↗ |
| 2026-01-05 | Material agreementDebt obligation | filing ↗ |
| 2025-11-20 | Material agreementAcquisition/disposition3.02Reg FDExhibits | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-20 | 0001193125-26-234571 ↗ |
| 10-Q | 2026-05-13 | 2026-03-31 | 0001193125-26-221890 ↗ |
| 8-K | 2026-05-13 | 2026-05-13 | 0001193125-26-221596 ↗ |
| 10-K | 2026-03-17 | 2025-12-31 | 0001193125-26-111231 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001193125-26-110780 ↗ |
| 8-K/A | 2026-02-05 | 2025-11-20 | 0001193125-26-039470 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001193125-26-009867 ↗ |
| 8-K | 2026-01-05 | 2026-01-05 | 0001193125-26-001581 ↗ |
| 8-K | 2025-11-20 | 2025-11-20 | 0001193125-25-290003 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001193125-25-269992 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001193125-25-270019 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001193125-25-270123 ↗ |