Enliven Therapeutics, Inc.
ELVN · Pharmaceutical Preparations · 60.9M shares · +30%/yr ↑ shares · EDGAR filings ↗
Reference price $45.38 · est. market cap ~$2.8B — last insider sale, 2026-06-22 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D46Clinical/early-stage biotech — oncology clinical, extremely cash-rich.
Strengths
- Liquidity — current ratio 28.7 (98th)
Risks
- Pre-revenue, deep losses — per metrics
- Pre-revenue/clinical-stage — history of losses & need for capital per risk factors
- Binary clinical & funding risk — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Chronic dilutionShare count +30%/yr over 3y (dilution)
- Strong balance sheetStrong balance sheet — $463M cash & investments
- Notable holderHeld by 4 notable fund(s): FMR LLC, CITADEL ADVISORS LLC, STATE STREET CORP +1 more (as of 2026-03-31)
- Insider sellingInsider selling — 42 open-market sale(s) by 7 insider(s) (cluster of 7 insiders, ~$63M, last 6mo) Form 4 ↗
Key metrics
Return on equity
-22.6%
Return on assets
-21.8%
Current ratio
28.7×
EBITDA
-$119M
Tangible book value
$460M
Cash & investments
$463M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | ORBIMED ADVISORS LLC | Sell | 787K | $45.38 |
| 2026-06-22 | ORBIMED ADVISORS LLC | Sell | 1.5K | $45.00 |
| 2026-06-22 | ORBIMED ADVISORS LLC | Sell | 25K | $45.38 |
| 2026-06-22 | ORBIMED ADVISORS LLC | Sell | 47K | $45.00 |
| 2026-06-17 | Hohl Benjamin | Option exercise | 6.0K | $2.48 |
| 2026-06-17 | Hohl Benjamin | Sell | 1.4K | $42.78 |
| 2026-06-17 | Hohl Benjamin | Sell | 3.4K | $43.86 |
| 2026-06-17 | Hohl Benjamin | Sell | 1.2K | $44.75 |
| 2026-06-17 | Collins Helen Louise | Option exercise | 5.0K | $2.48 |
| 2026-06-17 | Collins Helen Louise | Sell | 1.3K | $42.83 |
| 2026-06-17 | Collins Helen Louise | Sell | 2.6K | $43.87 |
| 2026-06-17 | Collins Helen Louise | Sell | 1.1K | $44.74 |
| 2026-06-15 | ORBIMED ADVISORS LLC | Sell | 9.1K | $45.02 |
| 2026-06-15 | ORBIMED ADVISORS LLC | Sell | 272K | $45.02 |
| 2026-06-05 | Kunkel Lori Anne | Sell | 7.8K | $34.28 |
| 2026-06-05 | Kunkel Lori Anne | Sell | 1.9K | $35.36 |
| 2026-06-05 | Kunkel Lori Anne | Sell | 354 | $35.82 |
| 2026-05-18 | Collins Helen Louise | Sell | 3.5K | $39.53 |
| 2026-05-18 | Collins Helen Louise | Option exercise | 5.0K | $2.48 |
| 2026-05-18 | Collins Helen Louise | Sell | 1.3K | $40.25 |
| 2026-05-18 | Collins Helen Louise | Sell | 223 | $41.21 |
| 2026-04-17 | Collins Helen Louise | Sell | 140 | $45.81 |
| 2026-04-17 | Collins Helen Louise | Option exercise | 5.0K | $2.48 |
| 2026-04-17 | Collins Helen Louise | Sell | 2.4K | $47.39 |
| 2026-04-17 | Collins Helen Louise | Sell | 2.4K | $48.06 |
| 2026-03-25 | Collins Helen Louise | Sell | 40K | $35.10 |
| 2026-03-25 | Collins Helen Louise | Option exercise | 40K | $2.48 |
| 2026-03-17 | Collins Helen Louise | Option exercise | 5.0K | $2.48 |
| 2026-03-17 | Collins Helen Louise | Sell | 5.0K | $27.76 |
| 2026-03-10 | Collins Helen Louise | Option exercise | 10K | $2.48 |
| 2026-03-10 | Collins Helen Louise | Sell | 10K | $30.19 |
| 2026-03-09 | Collins Helen Louise | Option exercise | 30K | $2.48 |
| 2026-03-09 | Collins Helen Louise | Sell | 30K | $30.02 |
| 2026-03-06 | Hohl Benjamin | Sell | 10K | $29.58 |
| 2026-02-17 | Collins Helen Louise | Option exercise | 45K | $2.48 |
| 2026-02-17 | Collins Helen Louise | Sell | 45K | $26.17 |
| 2026-02-17 | Heyman Richard A. | Sell | 1.2K | $26.18 |
| 2026-02-12 | Hohl Benjamin | Grant | 25K | — |
| 2026-02-12 | Patel Anish | Grant | 20K | — |
| 2026-02-12 | Lyssikatos Joseph P | Grant | 19K | — |
| 2026-02-12 | Collins Helen Louise | Grant | 25K | — |
| 2026-02-06 | Lyssikatos Joseph P | Sell | 5.0K | $29.04 |
| 2026-01-20 | Heyman Richard A. | Sell | 512 | $26.46 |
| 2026-01-20 | Lyssikatos Joseph P | Sell | 15K | $26.90 |
| 2026-01-20 | Lyssikatos Joseph P | Sell | 5.5K | $26.37 |
| 2026-01-20 | Heyman Richard A. | Sell | 718 | $26.96 |
| 2026-01-09 | Lyssikatos Joseph P | Sell | 41K | $24.90 |
| 2026-01-09 | Heyman Richard A. | Sell | 4.3K | $25.00 |
| 2026-01-09 | Patel Anish | Sell | 48K | $27.98 |
| 2026-01-09 | Patel Anish | Sell | 243 | $28.50 |
| 2026-01-09 | Lyssikatos Joseph P | Sell | 50K | $29.13 |
| 2026-01-08 | Lyssikatos Joseph P | Sell | 34K | $24.92 |
| 2026-01-08 | Lyssikatos Joseph P | Sell | 7.5K | $20.13 |
| 2026-01-08 | Heyman Richard A. | Sell | 1.6K | $25.00 |
| 2026-01-08 | Heyman Richard A. | Sell | 8.0K | $25.04 |
| 2025-12-22 | Hohl Benjamin | Option exercise | 13K | $2.48 |
| 2025-12-19 | Lyssikatos Joseph P | Sell | 5.0K | $16.84 |
| 2025-12-17 | Kunkel Lori Anne | Option exercise | 16K | $1.12 |
| 2025-12-08 | Patel Anish | Sell | 1.7K | $21.78 |
| 2025-12-08 | Patel Anish | Sell | 5.0K | $20.76 |
| 2025-11-19 | Lyssikatos Joseph P | Sell | 492 | $23.09 |
| 2025-11-19 | Lyssikatos Joseph P | Sell | 12K | $22.30 |
| 2025-11-17 | Kintz Samuel | Sell | 12K | $21.82 |
| 2025-11-07 | Patel Anish | Sell | 6.1K | $17.35 |
| 2025-11-07 | Patel Anish | Sell | 613 | $17.94 |
| 2025-10-20 | Lyssikatos Joseph P | Sell | 12K | $22.08 |
| 2025-10-17 | Kintz Samuel | Sell | 12K | $21.33 |
| 2025-10-07 | Patel Anish | Sell | 6.7K | $20.10 |
| 2025-09-29 | Hohl Benjamin | Sell | 3.2K | $20.40 |
| 2025-09-29 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-09-26 | Lyssikatos Joseph P | Sell | 4.0K | $20.25 |
| 2025-09-26 | Kintz Samuel | Sell | 3.7K | $20.06 |
| 2025-09-23 | Kintz Samuel | Sell | 2.8K | $20.03 |
| 2025-09-23 | Lyssikatos Joseph P | Sell | 1.5K | $20.03 |
| 2025-09-19 | Kintz Samuel | Sell | 1.0K | $20.25 |
| 2025-09-19 | Lyssikatos Joseph P | Sell | 4.9K | $19.11 |
| 2025-09-19 | Lyssikatos Joseph P | Sell | 2.1K | $20.02 |
| 2025-09-17 | Kintz Samuel | Sell | 5.0K | $19.09 |
| 2025-09-08 | Patel Anish | Sell | 6.7K | $20.24 |
| 2025-08-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-08-27 | Hohl Benjamin | Sell | 3.2K | $20.63 |
| 2025-08-21 | Lyssikatos Joseph P | Sell | 7.5K | $20.01 |
| 2025-08-20 | Kintz Samuel | Sell | 1.5K | $20.00 |
| 2025-08-19 | Lyssikatos Joseph P | Sell | 5.0K | $19.62 |
| 2025-08-19 | Kintz Samuel | Sell | 590 | $20.00 |
| 2025-08-18 | Kintz Samuel | Sell | 10K | $20.02 |
| 2025-08-07 | Patel Anish | Sell | 405 | $18.93 |
| 2025-08-07 | Patel Anish | Sell | 6.3K | $18.20 |
| 2025-07-28 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-07-28 | Hohl Benjamin | Sell | 3.2K | $20.45 |
| 2025-07-28 | Hohl Benjamin | Sell | 65 | $21.30 |
| 2025-07-21 | Lyssikatos Joseph P | Sell | 12K | $22.26 |
| 2025-07-21 | Lyssikatos Joseph P | Sell | 576 | $22.90 |
| 2025-07-17 | Kintz Samuel | Sell | 4.2K | $21.58 |
| 2025-07-17 | Kintz Samuel | Sell | 4.7K | $22.69 |
| 2025-07-17 | Kintz Samuel | Sell | 3.7K | $23.37 |
| 2025-07-10 | Hohl Benjamin | Sell | 1.0K | $22.66 |
| 2025-07-10 | Hohl Benjamin | Option exercise | 1.0K | $2.48 |
| 2025-07-07 | Patel Anish | Sell | 6.4K | $19.75 |
| 2025-07-07 | Patel Anish | Sell | 305 | $20.69 |
| 2025-06-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-06-27 | Hohl Benjamin | Sell | 3.1K | $20.86 |
| 2025-06-27 | Hohl Benjamin | Sell | 198 | $21.66 |
| 2025-06-20 | Lyssikatos Joseph P | Sell | 12K | $21.40 |
| 2025-06-17 | Kintz Samuel | Sell | 11K | $22.08 |
| 2025-06-17 | Kintz Samuel | Sell | 2.0K | $22.75 |
| 2025-06-13 | Hohl Benjamin | Option exercise | 3.0K | $2.48 |
| 2025-06-13 | Hohl Benjamin | Sell | 3.0K | $22.55 |
| 2025-06-09 | Patel Anish | Sell | 6.6K | $20.33 |
| 2025-06-09 | Patel Anish | Sell | 60 | $21.16 |
| 2025-06-03 | Lyssikatos Joseph P | Sell | 7.5K | $20.03 |
| 2025-06-03 | Kintz Samuel | Sell | 7.5K | $20.05 |
| 2025-05-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-05-27 | Hohl Benjamin | Sell | 3.2K | $16.18 |
| 2025-05-19 | Lyssikatos Joseph P | Sell | 5.0K | $16.31 |
| 2025-05-19 | Kintz Samuel | Sell | 5.0K | $16.49 |
| 2025-05-07 | Patel Anish | Sell | 390 | $19.40 |
| 2025-05-07 | Patel Anish | Sell | 6.2K | $18.30 |
| 2025-05-07 | Patel Anish | Sell | 104 | $19.87 |
| 2025-05-02 | Lyssikatos Joseph P | Sell | 2.5K | $20.01 |
| 2025-05-02 | Kintz Samuel | Sell | 2.2K | $20.00 |
| 2025-05-01 | Lyssikatos Joseph P | Sell | 5.0K | $20.07 |
| 2025-05-01 | Kintz Samuel | Sell | 5.3K | $20.08 |
| 2025-04-28 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-04-28 | Hohl Benjamin | Sell | 3.2K | $18.68 |
| 2025-04-28 | Hohl Benjamin | Sell | 69 | $19.12 |
| 2025-04-21 | Lyssikatos Joseph P | Sell | 4.7K | $16.03 |
| 2025-04-21 | Lyssikatos Joseph P | Sell | 330 | $16.72 |
| 2025-04-17 | Kintz Samuel | Sell | 5.0K | $16.42 |
| 2025-04-07 | Patel Anish | Sell | 3.8K | $17.81 |
| 2025-04-07 | Patel Anish | Sell | 2.8K | $18.29 |
| 2025-04-07 | Patel Anish | Sell | 148 | $19.27 |
| 2025-03-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-03-27 | Hohl Benjamin | Sell | 3.2K | $21.33 |
| 2025-03-24 | Hohl Benjamin | Option exercise | 1.0K | $2.48 |
| 2025-03-24 | Hohl Benjamin | Sell | 1.0K | $22.50 |
| 2025-03-19 | Lyssikatos Joseph P | Sell | 12K | $20.61 |
| 2025-03-17 | Kintz Samuel | Sell | 12K | $20.83 |
| 2025-03-07 | Patel Anish | Sell | 6.7K | $21.44 |
| 2025-03-04 | Hohl Benjamin | Option exercise | 10K | $2.48 |
| 2025-02-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-02-27 | Hohl Benjamin | Sell | 3.2K | $20.41 |
| 2025-02-07 | Patel Anish | Sell | 6.7K | $21.93 |
| 2025-02-05 | Hohl Benjamin | Option exercise | 1.0K | $2.48 |
| 2025-02-05 | Hohl Benjamin | Sell | 1.0K | $22.52 |
| 2025-01-27 | Hohl Benjamin | Option exercise | 3.2K | $2.48 |
| 2025-01-27 | Hohl Benjamin | Sell | 3.2K | $21.59 |
| 2025-01-07 | Patel Anish | Option exercise | 11K | $1.12 |
| 2025-01-07 | Patel Anish | Option exercise | 2.0K | $2.48 |
| 2025-01-07 | Patel Anish | Option exercise | 9.0K | $2.48 |
| 2025-01-07 | Patel Anish | Sell | 20K | $24.15 |
| 2025-01-07 | Patel Anish | Sell | 1.4K | $24.56 |
| 2025-01-07 | Patel Anish | Sell | 6.6K | $24.17 |
| 2025-01-07 | Patel Anish | Sell | 90 | $24.60 |
| 2025-01-03 | Hohl Benjamin | Option exercise | 1.0K | $2.48 |
| 2025-01-03 | Hohl Benjamin | Sell | 1.0K | $25.04 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Material agreementReg FDExhibits | filing ↗ |
| 2026-06-11 | Reg FDOtherExhibits | filing ↗ |
| 2026-06-10 | 5.03Shareholder voteExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2026-01-07 | Exec/director changeExhibits | filing ↗ |
| 2025-12-11 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-11-13 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-11 | 0001193125-26-269635 ↗ |
| 8-K | 2026-06-11 | 2026-06-11 | 0001193125-26-266731 ↗ |
| 8-K | 2026-06-10 | 2026-06-09 | 0001193125-26-264085 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001193125-26-211982 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001193125-26-211921 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001193125-26-088195 ↗ |
| 10-K | 2026-03-03 | 2025-12-31 | 0001193125-26-088232 ↗ |
| 8-K | 2026-01-07 | 2026-01-06 | 0001193125-26-005535 ↗ |
| 8-K | 2025-12-11 | 2025-12-09 | 0001193125-25-315196 ↗ |
| 8-K/A | 2025-11-13 | 2025-11-12 | 0001193125-25-278466 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0001193125-25-277580 ↗ |
| 10-Q | 2025-11-12 | 2025-09-30 | 0001193125-25-277619 ↗ |