Alkermes plc.
ALKS · Pharmaceutical Preparations · 166.7M shares · +2%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $99M (gross $200M, SBC $101M)
Reference price $45.10 · est. market cap ~$7.5B — last insider sale, 2026-06-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78CNS pharma (Vivitrol/Aristada/Lybalvi + orexin pipeline) — profitable with elite FCF margin and a cash-rich balance sheet.
Strengths
- Elite FCF and margins — FCF $480M (94th), FCF margin 33%, operating margin 17% (88th)
- Strong returns — ROA 10% (92nd)
- Cash-rich — current ratio 3.5 (46th)
Risks
- Revenue dip and royalty-loss (Vumerity) — -5%, net income -34%
- Orexin-pipeline execution dependence — per 10-K
- Competition — per 10-K
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
86.7%
Operating margin
17.2%
Net margin
16.4%
Return on equity
13.3%
Return on assets
9.7%
Revenue growth (QoQ)
2.2%
Net-income growth
-34.2%
Current ratio
3.5×
Free cash flow
$480M
EBITDA
$281M
Tangible book value
$1.7B
Cash & investments
$588M
Stock comp / revenue
6.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Wright Christopher I | Sell | 2.0K | $45.10 |
| 2026-06-04 | Gaffin David Joseph | Sell | 2.0K | $43.05 |
| 2026-06-01 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-06-01 | Hopkinson Craig C. | Sell | 9.0K | $41.67 |
| 2026-05-29 | Parisi Samuel Joseph | Option exercise | 13K | $19.34 |
| 2026-05-29 | Parisi Samuel Joseph | Sell | 16K | $42.36 |
| 2026-05-29 | Parisi Samuel Joseph | Option exercise | 3.4K | $20.03 |
| 2026-05-21 | MCKEON BRIAN P | Option exercise | 6.1K | — |
| 2026-05-21 | MCKEON BRIAN P | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | Lurker Nancy | Option exercise | 6.1K | — |
| 2026-05-21 | Lurker Nancy | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | LAURENCIN CATO T | Option exercise | 6.1K | — |
| 2026-05-21 | LAURENCIN CATO T | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | GAYNOR RICHARD | Option exercise | 6.1K | — |
| 2026-05-21 | GAYNOR RICHARD | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | Cooke Shane | Option exercise | 6.1K | — |
| 2026-05-21 | Cooke Shane | Tax withheld | 3.2K | $36.95 |
| 2026-05-21 | Wright Christopher I | Option exercise | 6.1K | — |
| 2026-05-21 | Wright Christopher I | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | Wilson Frank Anders | Option exercise | 6.1K | — |
| 2026-05-21 | Wilson Frank Anders | Tax withheld | 1.5K | $36.95 |
| 2026-05-21 | snyderman nancy lynn MD | Option exercise | 6.1K | — |
| 2026-05-21 | snyderman nancy lynn MD | Tax withheld | 1.5K | $36.95 |
| 2026-05-04 | Gaffin David Joseph | Sell | 2.0K | $33.20 |
| 2026-05-01 | Hopkinson Craig C. | Sell | 9.0K | $33.40 |
| 2026-05-01 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-04-11 | Lurker Nancy | Option exercise | 3.8K | — |
| 2026-04-11 | Lurker Nancy | Tax withheld | 901 | $33.36 |
| 2026-04-06 | Gaffin David Joseph | Sell | 2.0K | $34.57 |
| 2026-04-01 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-04-01 | Hopkinson Craig C. | Sell | 9.0K | $35.51 |
| 2026-03-03 | Gaffin David Joseph | Sell | 2.0K | $29.76 |
| 2026-03-02 | Gaffin David Joseph | Sell | 2.0K | $29.29 |
| 2026-03-02 | Parisi Samuel Joseph | Sell | 6.9K | $29.29 |
| 2026-03-02 | Nichols Christian Todd | Sell | 6.0K | $30.00 |
| 2026-03-02 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-03-02 | Hopkinson Craig C. | Sell | 9.0K | $29.72 |
| 2026-02-26 | Parisi Samuel Joseph | Option exercise | 2.7K | — |
| 2026-02-26 | Parisi Samuel Joseph | Tax withheld | 808 | $30.73 |
| 2026-02-26 | Nichols Christian Todd | Option exercise | 5.4K | — |
| 2026-02-26 | Nichols Christian Todd | Tax withheld | 2.4K | $30.73 |
| 2026-02-26 | Jackson Blair Curtis | Option exercise | 8.3K | — |
| 2026-02-26 | Jackson Blair Curtis | Tax withheld | 3.7K | $30.73 |
| 2026-02-26 | Hopkinson Craig C. | Option exercise | 6.9K | — |
| 2026-02-26 | Hopkinson Craig C. | Tax withheld | 3.0K | $30.73 |
| 2026-02-26 | Gaffin David Joseph | Option exercise | 6.9K | — |
| 2026-02-26 | Gaffin David Joseph | Tax withheld | 3.0K | $30.73 |
| 2026-02-23 | Nichols Christian Todd | Tax withheld | 2.8K | $32.19 |
| 2026-02-23 | Parisi Samuel Joseph | Option exercise | 2.3K | — |
| 2026-02-23 | Parisi Samuel Joseph | Tax withheld | 672 | $32.19 |
| 2026-02-23 | Nichols Christian Todd | Option exercise | 6.4K | — |
| 2026-02-23 | Jackson Blair Curtis | Option exercise | 8.7K | — |
| 2026-02-23 | Jackson Blair Curtis | Tax withheld | 3.9K | $32.19 |
| 2026-02-23 | Hopkinson Craig C. | Option exercise | 7.7K | — |
| 2026-02-23 | Hopkinson Craig C. | Tax withheld | 3.4K | $32.19 |
| 2026-02-23 | Gaffin David Joseph | Option exercise | 7.7K | — |
| 2026-02-23 | Gaffin David Joseph | Tax withheld | 3.4K | $32.19 |
| 2026-02-19 | Gaffin David Joseph | Tax withheld | 3.4K | $32.00 |
| 2026-02-19 | Parisi Samuel Joseph | Option exercise | 3.0K | — |
| 2026-02-19 | Parisi Samuel Joseph | Tax withheld | 979 | $32.00 |
| 2026-02-19 | Nichols Christian Todd | Option exercise | 6.0K | — |
| 2026-02-19 | Nichols Christian Todd | Tax withheld | 2.3K | $32.00 |
| 2026-02-19 | Jackson Blair Curtis | Option exercise | 9.3K | — |
| 2026-02-19 | Jackson Blair Curtis | Tax withheld | 4.1K | $32.00 |
| 2026-02-19 | Hopkinson Craig C. | Option exercise | 7.7K | — |
| 2026-02-19 | Hopkinson Craig C. | Tax withheld | 3.4K | $32.00 |
| 2026-02-19 | Gaffin David Joseph | Option exercise | 7.7K | — |
| 2026-02-18 | Parisi Samuel Joseph | Tax withheld | 706 | $32.02 |
| 2026-02-18 | Gaffin David Joseph | Option exercise | 6.4K | — |
| 2026-02-18 | Hopkinson Craig C. | Option exercise | 8.9K | — |
| 2026-02-18 | Nichols Christian Todd | Option exercise | 6.4K | — |
| 2026-02-18 | Nichols Christian Todd | Tax withheld | 1.9K | $32.02 |
| 2026-02-18 | Hopkinson Craig C. | Tax withheld | 3.5K | $32.02 |
| 2026-02-18 | Gaffin David Joseph | Tax withheld | 2.1K | $32.02 |
| 2026-02-18 | Parisi Samuel Joseph | Option exercise | 2.0K | — |
| 2026-02-18 | Jackson Blair Curtis | Option exercise | 8.9K | — |
| 2026-02-18 | Jackson Blair Curtis | Tax withheld | 3.8K | $32.02 |
| 2026-02-05 | Hopkinson Craig C. | Tax withheld | 7.5K | $33.55 |
| 2026-02-05 | POPS RICHARD F | Grant | 150K | — |
| 2026-02-05 | POPS RICHARD F | Tax withheld | 62K | $33.55 |
| 2026-02-05 | Nichols Christian Todd | Grant | 21K | — |
| 2026-02-05 | Nichols Christian Todd | Tax withheld | 6.4K | $33.55 |
| 2026-02-05 | Jackson Blair Curtis | Grant | 29K | — |
| 2026-02-05 | Jackson Blair Curtis | Tax withheld | 8.6K | $33.55 |
| 2026-02-05 | Hopkinson Craig C. | Grant | 25K | — |
| 2026-02-05 | Gaffin David Joseph | Grant | 25K | — |
| 2026-02-05 | Gaffin David Joseph | Tax withheld | 7.6K | $33.55 |
| 2026-02-02 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-02-02 | Hopkinson Craig C. | Sell | 5.0K | $34.24 |
| 2026-02-02 | Hopkinson Craig C. | Sell | 4.0K | $33.54 |
| 2026-02-02 | Cooke Shane | Option exercise | 61K | $31.64 |
| 2026-02-02 | Cooke Shane | Sell | 29K | $34.34 |
| 2026-02-02 | Cooke Shane | Sell | 32K | $34.78 |
| 2026-01-08 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2026-01-08 | Hopkinson Craig C. | Sell | 5.0K | $30.00 |
| 2026-01-02 | Hopkinson Craig C. | Sell | 4.0K | $28.00 |
| 2025-12-03 | Hopkinson Craig C. | Option exercise | 3.7K | $19.34 |
| 2025-12-03 | Hopkinson Craig C. | Sell | 3.7K | $30.00 |
| 2025-12-01 | Hopkinson Craig C. | Sell | 4.0K | $29.30 |
| 2025-11-03 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2025-11-03 | Hopkinson Craig C. | Sell | 9.0K | $30.38 |
| 2025-10-15 | Hopkinson Craig C. | Sell | 9.0K | $31.53 |
| 2025-10-15 | Hopkinson Craig C. | Option exercise | 5.0K | $19.34 |
| 2025-08-03 | Gaffin David Joseph | Tax withheld | 895 | $26.55 |
| 2025-08-03 | Gaffin David Joseph | Option exercise | 2.0K | — |
| 2025-06-10 | Nichols Christian Todd | Sell | 3.3K | $31.09 |
| 2025-06-09 | Nichols Christian Todd | Sell | 3.3K | $31.95 |
| 2025-06-08 | Wright Christopher I | Option exercise | 3.3K | — |
| 2025-06-08 | Wright Christopher I | Tax withheld | 793 | $31.71 |
| 2025-05-31 | snyderman nancy lynn MD | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | MCKEON BRIAN P | Option exercise | 8.0K | — |
| 2025-05-31 | MCKEON BRIAN P | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | Lurker Nancy | Option exercise | 8.0K | — |
| 2025-05-31 | Lurker Nancy | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | LAURENCIN CATO T | Option exercise | 8.0K | — |
| 2025-05-31 | LAURENCIN CATO T | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | GAYNOR RICHARD | Option exercise | 8.0K | — |
| 2025-05-31 | GAYNOR RICHARD | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | Cooke Shane | Tax withheld | 4.2K | $30.61 |
| 2025-05-31 | Cooke Shane | Option exercise | 8.0K | — |
| 2025-05-31 | Wright Christopher I | Option exercise | 8.0K | — |
| 2025-05-31 | Wright Christopher I | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | Wilson Frank Anders | Option exercise | 8.0K | — |
| 2025-05-31 | Wilson Frank Anders | Tax withheld | 1.9K | $30.61 |
| 2025-05-31 | snyderman nancy lynn MD | Option exercise | 8.0K | — |
| 2025-04-11 | Lurker Nancy | Tax withheld | 901 | $27.00 |
| 2025-04-11 | Lurker Nancy | Tax withheld | 558 | $27.00 |
| 2025-04-11 | Lurker Nancy | Option exercise | 2.3K | — |
| 2025-04-11 | Lurker Nancy | Option exercise | 3.8K | — |
| 2025-02-28 | Parisi Samuel Joseph | Sell | 1.9K | $34.00 |
| 2025-02-26 | Jackson Blair Curtis | Tax withheld | 3.7K | $34.80 |
| 2025-02-26 | Hopkinson Craig C. | Option exercise | 6.9K | — |
| 2025-02-26 | Hopkinson Craig C. | Tax withheld | 3.0K | $34.80 |
| 2025-02-26 | Gaffin David Joseph | Option exercise | 6.9K | — |
| 2025-02-26 | Gaffin David Joseph | Tax withheld | 3.0K | $34.80 |
| 2025-02-26 | Brown Iain Michael | Option exercise | 5.6K | — |
| 2025-02-26 | Brown Iain Michael | Tax withheld | 2.5K | $34.80 |
| 2025-02-26 | Jackson Blair Curtis | Option exercise | 8.3K | — |
| 2025-02-26 | Parisi Samuel Joseph | Option exercise | 2.7K | — |
| 2025-02-26 | Parisi Samuel Joseph | Tax withheld | 808 | $34.80 |
| 2025-02-26 | Nichols Christian Todd | Option exercise | 5.4K | — |
| 2025-02-26 | Nichols Christian Todd | Tax withheld | 2.4K | $34.80 |
| 2025-02-25 | Parisi Samuel Joseph | Sell | 3.7K | $35.26 |
| 2025-02-23 | Hopkinson Craig C. | Tax withheld | 3.4K | $35.32 |
| 2025-02-23 | Gaffin David Joseph | Option exercise | 7.7K | — |
| 2025-02-23 | Gaffin David Joseph | Tax withheld | 3.4K | $35.32 |
| 2025-02-23 | Jackson Blair Curtis | Option exercise | 8.7K | — |
| 2025-02-23 | Jackson Blair Curtis | Tax withheld | 3.9K | $35.32 |
| 2025-02-23 | Parisi Samuel Joseph | Option exercise | 2.3K | — |
| 2025-02-23 | Parisi Samuel Joseph | Tax withheld | 672 | $35.32 |
| 2025-02-23 | Brown Iain Michael | Option exercise | 5.8K | — |
| 2025-02-23 | Brown Iain Michael | Tax withheld | 2.6K | $35.32 |
| 2025-02-23 | Nichols Christian Todd | Option exercise | 6.4K | — |
| 2025-02-23 | Nichols Christian Todd | Tax withheld | 2.8K | $35.32 |
| 2025-02-23 | Hopkinson Craig C. | Option exercise | 7.7K | — |
| 2025-02-22 | Brown Iain Michael | Tax withheld | 3.2K | $35.32 |
| 2025-02-22 | Gaffin David Joseph | Tax withheld | 3.3K | $35.32 |
| 2025-02-22 | Parisi Samuel Joseph | Tax withheld | 983 | $35.32 |
| 2025-02-22 | Nichols Christian Todd | Option exercise | 7.1K | — |
| 2025-02-22 | Nichols Christian Todd | Tax withheld | 3.2K | $35.32 |
| 2025-02-22 | Parisi Samuel Joseph | Option exercise | 3.1K | — |
| 2025-02-22 | Jackson Blair Curtis | Tax withheld | 4.3K | $35.32 |
| 2025-02-22 | Hopkinson Craig C. | Option exercise | 12K | — |
| 2025-02-22 | Hopkinson Craig C. | Tax withheld | 5.5K | $35.32 |
| 2025-02-22 | Jackson Blair Curtis | Option exercise | 9.7K | — |
| 2025-02-22 | Gaffin David Joseph | Option exercise | 7.4K | — |
| 2025-02-22 | Brown Iain Michael | Option exercise | 7.1K | — |
| 2025-02-20 | Parisi Samuel Joseph | Sell | 1.3K | $35.69 |
| 2025-02-18 | Hopkinson Craig C. | Tax withheld | 4.0K | $35.90 |
| 2025-02-18 | Parisi Samuel Joseph | Option exercise | 2.0K | — |
| 2025-02-18 | Parisi Samuel Joseph | Tax withheld | 706 | $35.90 |
| 2025-02-18 | Nichols Christian Todd | Option exercise | 6.4K | — |
| 2025-02-18 | Nichols Christian Todd | Tax withheld | 1.9K | $35.90 |
| 2025-02-18 | Gaffin David Joseph | Option exercise | 6.4K | — |
| 2025-02-18 | Gaffin David Joseph | Tax withheld | 2.8K | $35.90 |
| 2025-02-18 | Brown Iain Michael | Option exercise | 6.4K | — |
| 2025-02-18 | Brown Iain Michael | Tax withheld | 1.9K | $35.90 |
| 2025-02-18 | Jackson Blair Curtis | Option exercise | 8.9K | — |
| 2025-02-18 | Jackson Blair Curtis | Tax withheld | 4.0K | $35.90 |
| 2025-02-18 | Hopkinson Craig C. | Option exercise | 8.9K | — |
| 2025-02-13 | Hopkinson Craig C. | Sell | 36K | $34.02 |
| 2025-02-13 | Hopkinson Craig C. | Option exercise | 109K | $31.93 |
| 2025-02-13 | Hopkinson Craig C. | Option exercise | 36K | $24.59 |
| 2025-02-13 | Hopkinson Craig C. | Sell | 109K | $36.02 |
| 2025-02-12 | Hopkinson Craig C. | Sell | 172K | $32.69 |
| 2025-02-12 | Hopkinson Craig C. | Option exercise | 112K | $19.34 |
| 2025-02-12 | Hopkinson Craig C. | Option exercise | 88K | $20.03 |
| 2025-02-12 | Hopkinson Craig C. | Sell | 33K | $33.27 |
| 2025-02-06 | Nichols Christian Todd | Grant | 25K | — |
| 2025-02-06 | Nichols Christian Todd | Tax withheld | 7.4K | $31.39 |
| 2025-02-06 | Jackson Blair Curtis | Grant | 34K | — |
| 2025-02-06 | Jackson Blair Curtis | Tax withheld | 11K | $31.39 |
| 2025-02-06 | Brown Iain Michael | Grant | 25K | — |
| 2025-02-06 | Hopkinson Craig C. | Tax withheld | 15K | $31.39 |
| 2025-02-06 | Gaffin David Joseph | Grant | 32K | — |
| 2025-02-06 | Gaffin David Joseph | Tax withheld | 9.8K | $31.39 |
| 2025-02-06 | Hopkinson Craig C. | Grant | 34K | — |
| 2025-02-06 | Brown Iain Michael | Tax withheld | 7.5K | $31.39 |
| 2025-02-06 | POPS RICHARD F | Grant | 191K | — |
| 2025-02-06 | POPS RICHARD F | Tax withheld | 80K | $31.39 |
| 2025-01-30 | Hopkinson Craig C. | Option exercise | 24K | $24.59 |
| 2025-01-30 | Hopkinson Craig C. | Option exercise | 27K | $19.34 |
| 2025-01-30 | Hopkinson Craig C. | Option exercise | 18K | $26.82 |
| 2025-01-30 | Hopkinson Craig C. | Sell | 101K | $32.05 |
| 2025-01-30 | Hopkinson Craig C. | Option exercise | 29K | $20.03 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-15 | Reg FDOtherExhibits | filing ↗ |
| 2026-05-20 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-12 | Reg FDOtherExhibits | filing ↗ |
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-05-01 | Exhibits | filing ↗ |
| 2026-02-25 | ResultsExhibits | filing ↗ |
| 2026-02-25 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-12 | Material agreement1.02Acquisition/dispositionDebt obligationReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-15 | 2026-06-15 | 0001193125-26-270280 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0001193125-26-232584 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001193125-26-218150 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001193125-26-206534 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001193125-26-205008 ↗ |
| 8-K/A | 2026-05-01 | 2026-02-12 | 0001193125-26-201657 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0001193125-26-068927 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001193125-26-068512 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001193125-26-068925 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001193125-26-047682 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001193125-26-009813 ↗ |
| 8-K | 2026-01-06 | 2026-01-06 | 0001193125-26-003453 ↗ |