STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
104
13F, latest reported quarter
Conversions, 180 days
1
Codes C/M, not in net · $193.8K priced
What the filings say about CADL
Insiders, 180 days
-$3.6M net sold
3 sellers · 40% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$3.5M
2 notices
Candel Therapeutics insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Candel Therapeutics, Inc. insiders sold a net $3.6M of stock across 65 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
11 earlier Form 4 trades (code P or S) here by this insider (3 buys, 8 sales), the last on Sep 10, 2026.
+5.3% median (+15.5% mean) 90-day return after 3 previous buys.
The trade is 52.4% of the 113,321 shares held after it.
1 other insider sold within 30 days.
104 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Executive Officer Tak Paul Peter sold about $620.9K of CADL under a 10b5-1 plan on Sep 11, 2026; 1 other insider sold within 30 days and 104 funds added in the latest 13F quarter.
10 earlier Form 4 trades (code P or S) here by this insider (3 buys, 7 sales), the last on Mar 19, 2025.
+5.3% median (+15.5% mean) 90-day return after 3 previous buys.
The trade is 127.9% of the 172,700 shares held after it.
1 other insider sold within 30 days.
104 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Executive Officer Tak Paul Peter sold about $2.5M of CADL under a 10b5-1 plan on Sep 10, 2026, the largest insider sale at the company on our record; 1 other insider sold within 30 days and 104 funds added in the latest 13F quarter.
9 earlier Form 4 trades (code P or S) here by this insider (2 buys, 7 sales), the last on Jun 29, 2026.
-5.5% median (-5.5% mean) 90-day return after 2 previous buys.
The trade is 9.1% of the 76,865 shares held after it.
1 other insider sold within 30 days.
104 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Technology Officer Tyagarajan Seshu sold about $84.0K of CADL on Aug 17, 2026; 1 other insider sold within 30 days and 104 funds added in the latest 13F quarter.
7 earlier Form 4 trades (code P or S) here by this insider (1 buy, 6 sales), the last on Mar 18, 2025.
The trade is 30.3% of the 77,362 shares held after it.
1 other insider sold within 30 days.
104 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Scientific Officer Barone Francesca sold about $235.8K of CADL on Jun 29, 2026, the largest insider sale at the company since 2025; 1 other insider sold within 30 days and 104 funds added in the latest 13F quarter.
8 earlier Form 4 trades (code P or S) here by this insider (2 buys, 6 sales), the last on Mar 17, 2025.
-5.5% median (-5.5% mean) 90-day return after 2 previous buys.
The trade is 8.3% of the 83,865 shares held after it.
1 other insider sold within 30 days.
104 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Technology Officer Tyagarajan Seshu sold about $70.2K of CADL on Jun 29, 2026, the largest insider sale at the company since 2025; 1 other insider sold within 30 days and 104 funds added in the latest 13F quarter.
65 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Nobody has filed for crossing 5%. That is a fact, not missing data.
CADL planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
PAUL PETER TAK
Filed 2026-09-10
$3.4M
SESHU TYAGARAJAN
Filed 2026-08-17
$82.0K
FRANCESCA BARONE
Filed 2026-06-29
$229.5K
SESHU P TYAGARAJAN
Filed 2026-06-29
$68.5K
CADL mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
AlphaCentric Life Sciences and Healthcare Fund
$377.8K position · as of 2026-06-30
0.8%
Virtus Biotech Clinical Trials Etf
$363.5K position · as of 2026-07-31
0.8%
Select Biotechnology Portfolio
$40.4M position · as of 2026-05-31
0.8%
ALPS Medical Breakthroughs ETF
$626.6K position · as of 2026-05-31
0.4%
State Street(R) SPDR(R) S&P(R) Biotech ETF
$20.8M position · as of 2026-06-30
0.2%
PROFUND VP BIOTECHNOLOGY
$92.4K position · as of 2026-06-30
0.2%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Clinical pipeline
13 registered trials, 5 still running (ClinicalTrials.gov).
A status change is dated here weeks before the press release.
6
Phase 1
0 active
5
Phase 2
3 active
2
Phase 3
2 active
What changed recently
A Biomarker Study in Men With Localized Prostate Cancer Treated With Aglatimagene Besade
2026-09-16 · Completion moved 2026-08 → 2027-02
Phase 2
Matched by sponsor name. Trials run under a subsidiary's
own name are not included.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $3.6M sold by insiders over 180 days, 104 funds added last quarter, $3.5M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$124.0K
four quarters, 2022-01-01 to 2022-12-31
Revenue, TTM CADL
FY Dec 2025
$124.0K
FY Dec 2024
$124.0K
FY Dec 2023
$124.0K
FY Dec 2022
$124.0K
FY Dec 2021
$124.0K
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Single quarter
Net margin, TTM
n/a
revenue under $1M, the ratio says nothing
Net margin, TTM CADL
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Single quarter
Free cash flow, TTM
-$57.3M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM CADL
FY Dec 2025
-$38.9M
FY Dec 2024
-$27.0M
FY Dec 2023
-$34.7M
FY Dec 2022
-$32.7M
FY Dec 2021
-$24.1M
Jun 2026
-$17.3M
Mar 2026
-$18.7M
Dec 2025
-$11.0M
Sep 2025
-$10.4M
Jun 2025
-$8.9M
Mar 2025
-$8.6M
Dec 2024
-$5.8M
Sep 2024
-$6.6M
At each fiscal year end
Single quarter
Debt to equity
0.01x
long-term 2026-06-30 plus current 2025-12-31 (6 months older than the period end); equity 2026-06-30
Debt to equity CADL
FY Dec 2025
0.02x
FY Dec 2024
0.18x
FY Dec 2023
1.61x
FY Dec 2022
0.01x
FY Dec 2021
0.01x
Jun 2026
0.01x
Mar 2026
0.01x
Dec 2025
0.02x
Sep 2025
0.06x
Jun 2025
0.08x
Mar 2025
0.13x
Dec 2024
0.18x
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
-51.54x
TTM operating cash flow over long-term 2026-06-30 plus current 2025-12-31 (6 months older than the period end)
Cash flow to debt CADL
FY Dec 2025
-38.01x
FY Dec 2024
-2.32x
FY Dec 2023
-1.67x
FY Dec 2022
-48.49x
FY Dec 2021
-39.67x
Jun 2026
-51.54x
Mar 2026
-45.59x
Dec 2025
-38.01x
Sep 2025
-6.46x
Jun 2025
-3.91x
Mar 2025
-2.70x
Dec 2024
-2.32x
Sep 2024
-2.03x
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-81.8%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity CADL
FY Dec 2025
-64.6%
FY Dec 2024
-139.6%
FY Dec 2023
-125.5%
FY Dec 2022
-33.6%
FY Dec 2021
-178.1%
Jun 2026
-81.8%
Mar 2026
-51.2%
Dec 2025
-64.6%
Sep 2025
-70.2%
Jun 2025
-55.2%
Mar 2025
-98.1%
Dec 2024
-139.6%
Sep 2024
-1,344%
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-56.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets CADL
FY Dec 2025
-32.9%
FY Dec 2024
-74.5%
FY Dec 2023
-63.8%
FY Dec 2022
-22.5%
FY Dec 2021
-56.7%
Jun 2026
-56.4%
Mar 2026
-36.5%
Dec 2025
-32.9%
Sep 2025
-39.5%
Jun 2025
-33.4%
Mar 2025
-62.3%
Dec 2024
-74.5%
Sep 2024
-145.9%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on invested capital CADL
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-50.2%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed CADL
FY Dec 2025
-52.0%
FY Dec 2024
-69.3%
FY Dec 2023
-77.5%
FY Dec 2022
-44.5%
FY Dec 2021
-43.8%
Jun 2026
-50.2%
Mar 2026
-41.7%
Dec 2025
-52.0%
Sep 2025
-91.4%
Jun 2025
-69.8%
Mar 2025
-71.9%
Dec 2024
-69.3%
Sep 2024
-154.6%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing CADL
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$430.8M
market value at close 2026-10-27 on 2026-08-06 shares, plus long-term 2026-06-30 plus current 2025-12-31 (6 months older than the period end), minus cash 2026-06-30
Enterprise value CADL
FY Dec 2025
$191.5M
FY Dec 2024
$190.9M
FY Dec 2023
$27.6M
FY Dec 2022
-$17.7M
FY Dec 2021
$142.3M
Jun 2026
$554.2M
Mar 2026
$165.1M
Dec 2025
$191.5M
Sep 2025
$198.2M
Jun 2025
$160.5M
Mar 2025
$184.8M
Dec 2024
$190.9M
Sep 2024
$219.9M
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-9.1%
TTM free cash flow over market value at close 2026-10-27
FCF yield CADL
FY Dec 2025
-12.5%
FY Dec 2024
-9.6%
FY Dec 2023
-81.6%
FY Dec 2022
-63.3%
FY Dec 2021
-10.7%
Jun 2026
-7.6%
Mar 2026
-13.6%
Dec 2025
-12.5%
Sep 2025
-12.1%
Jun 2025
-11.8%
Mar 2025
-10.2%
Dec 2024
-9.6%
Sep 2024
-12.9%
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing CADL
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-27. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
CADL ranks highest on institutional and government (71st percentile) and risk and compliance (47th), and lowest on insider conviction (22nd), among Pharma & Biotech peers.
Profitability
43
Inputs
Return on equity-81.8% · 38 pct, sector of 545
Return on assets-56.4% · 41 pct, sector of 691
Return on invested capitaltax provision or pre-tax income not filed for the four quarters
Return on capital employed-50.2% · 49 pct, sector of 576
Financial health
44
Inputs
Debt to equity0.01x · 77 pct, sector of 352
Cash flow to debt-51.54x · 11 pct, sector of 371
Growth
44
Inputs
Revenue growth, YoY+0.0% · 44 pct, sector of 505
Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Insider conviction
22
Inputs
Net Form 4 buying (codes P and S), 180d-$390K · 44 pct, sector of 428
Insider buyers, 180d0 · 0 pct, sector of 437
Institutional and government
71
Inputs
Funds adding, latest quarter104 · 71 pct, sector of 698
Congress net buyers, 365dno Congress trades in 365 days
Federal contracts, 180dno federal contracts in 180 days
Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
47
Inputs
Short interest, % of float+21.6% · 13 pct, sector of 813
Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
New text in Risk Factors, latest 10-K+5.2% · 81 pct, sector of 511
1 not measured: US patents
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
CADL filings, in plain words
Are Candel Therapeutics insiders buying or selling CADL?
In the 180 days to 2026-10-28, Candel Therapeutics insiders were net sellers, a net $3.6M across purchases and sales reported on Form 4, by 3 sellers.
Are there planned insider sales of CADL?
Yes. 2 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $3.5M of stock; the latest, by PAUL PETER TAK, was filed 2026-09-10.
Read the full summary
In the 180 days to 2026-10-28, Candel Therapeutics insiders were net sellers of CADL, a net $3.6M across purchases and sales reported on Form 4 by 3 sellers. 40% of the 5 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. Insiders filed 2 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $3.5M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
Explore insider trading and ownership data
Every company we track, ranked by each kind of filing
No password to create and no card required. We store your email address, your watchlist and your preferences, nothing else.
PRIVACY & COOKIES
We track filings, not you.
Essential cookies keep you signed in and remember this choice.
Google Analytics 4 and Microsoft Clarity load only if you allow them here; they
count visits and record how pages are used. We run no advertising and never sell
data. Details in the privacy policy. Change this any time
via "Cookie settings" in the footer.