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TENX · Tenax Therapeutics, Inc.
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TEAM-0.32% 13F +439META+3.01% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET+4.32% 13F +710MSTR+17.56% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475TEAM-0.32% 13F +439META+3.01% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET+4.32% 13F +710MSTR+17.56% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475
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TENX

TENAX THERAPEUTICS, INC.
PHARMA & BIOTECH · PHARMACEUTICAL PREPARATIONS · CIK 0000034956
ACTIVIST 13D☆ WATCH
INSIDER NET · 180D
$3.2M
open-market buys minus sells, Form 4 codes P and S
INSIDER BUYERS · 180D
1
CONGRESS BUYERS · 1Y
0
FUNDS ADDED · QTR
86
13F, latest reported quarter
REVENUE GROWTH
-
XBRL, annual
NET MARGIN
-
CONVERSIONS · 180D
2
codes C/M, not in net · $51.3K priced
SEVEN FACTS, RANKED AGAINST THE SECTOR · RANK IS NOT A FORECAST
INSIDERS
net +$3.2M over 180 days
+$3.2M over 90 days · +$3.2M of it by a 10%+ holder
more than 93% of Pharma & Biotech
CONGRESS
no member of Congress has reported trading it
FUNDS
86 funds added or opened last quarter
more than 60% of Pharma & Biotech
REVENUE
no revenue reported in any filing
MARGIN
no margin: this company reports no revenue to divide by
BUYBACKS
no share repurchases reported
SHORT
no short interest reported
THE SITUATION · EVERY LINE IS ONE RULE OVER ONE DATASET
86 funds added or opened positions in the latest 13F quarter, of 113 holders.
Christopher Thomas Giordano disclosed a 5%+ stake (6.79%) in the last six months.
The year, with the filings on it
Total return indexed to 100 over the last 12 months · every marker is a federal filing, placed at its date — hover any marker for the detail
TOTAL 12M RETURN -69.0%
-69.0%12M
-77%+18%+112%+207%2025-092025-102025-122026-032026-052026-072026-09 2026-08-21 · ADAR1 Capital Management, LLC bought $1.3M2026-08-31 · ADAR1 Capital Management, LLC bought $722.6K2026-08-20 · ADAR1 Capital Management, LLC bought $359.5K2026-09-02 · ADAR1 Capital Management, LLC bought $337.6K2026-09-01 · ADAR1 Capital Management, LLC bought $321.6K2026-08-24 · ADAR1 Capital Management, LLC bought $188.4K2025-11-17 · MCGAULEY THOMAS bought $36.1K2025-12-09 · Rich Stuart bought $25.6K2025-12-08 · Rich Stuart bought $25.2K2025-12-04 · Rich Stuart bought $23.0K2025-11-17 · MCGAULEY THOMAS bought $14.7K2025-11-18 · Almenoff June Sherie bought $14.3K2025-11-18 · Almenoff June Sherie bought $14.3K2025-12-03 · Rich Stuart bought $13.6K2025-11-18 · Giordano Christopher Thomas bought $12.5K2025-12-02 · Rich Stuart bought $9.0K2025-11-17 · MCGAULEY THOMAS bought $7.3K2025-11-20 · Giordano Christopher Thomas bought $4.1K2025-11-19 · Giordano Christopher Thomas bought $3.4K2025-11-17 · Almenoff June Sherie bought $6652025-11-17 · Almenoff June Sherie bought $6652026-03-10 · Christopher Thomas Giordano filed a 5%+ stake (6.79%)
INSIDER BUY13D/G STAKE
INDEXED RETURN, DIVIDEND-ADJUSTED — NOT A PRICE CHART · LARGE TRADES DRAWN FIRST WHEN A NAME FILES HEAVILY
Live price
Daily candles from TradingView, on their licence — no filings are marked on this one
WHY THIS NAME IS ON THE DESK
An activist crossed the 5% line with declared intent.
The record shows a net $3.2M bought by insiders over 180 days, 86 funds added last quarter. Every figure is a federal filing, dated the day it became public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector from the SEC's own SIC classification
UTHRCPIXMRNAREGNLLYALNYELFCITRMDGLDNAVRTXNUVL
Insider transactions
Form 4 purchases and sales (codes P and S) — grants, option exercises and preferred conversions excluded

Over the last 180 days, TENAX THERAPEUTICS, INC. insiders bought a net $3.2M of stock across 23 Form 4 purchases and sales, with 1 insider(s) buying. Source: SEC Form 4 filings, as of 2026-09-05.

INSIDER
FILED
SHARES
VALUE
ADAR1 Capital Management, LLC
—
BUY
2026-09-02
187,704.0
$337.6K
ADAR1 Capital Management, LLC
—
BUY
2026-09-01
179,058.0
$321.6K
ADAR1 Capital Management, LLC
—
BUY
2026-08-31
403,571.0
$722.6K
ADAR1 Capital Management, LLC
—
BUY
2026-08-24
107,374.0
$188.4K
ADAR1 Capital Management, LLC
—
BUY
2026-08-21
716,369.0
$1.3M
23 TRANSACTIONS ON RECORD

Showing the most recent few. Create a free account to see 18 more transactions on record, the cross-source screener and CSV export. We store only your email address, and there is no password to create.

Institutional holders
13F · holdings as of the latest quarter funds have reported
FMR LLC
3,942,373.0 sh
$57.4M
Vivo Capital, LLC
2,500,000.0 sh
$36.4M
BlackRock, Inc.
1,727,988.0 sh
$25.1M
PERCEPTIVE ADVISORS LLC
1,700,000.0 sh
$24.7M
Stonepine Capital Management, LLC
1,320,000.0 sh
$19.2M
5%+ owners
13D = intent to influence · 13G = passive
Christopher Thomas Giordano
ACTIVIST 13D · 2026-03-10
6.79%
FORM 144
No planned-sale notices
No insider has notified an intent to sell. This is the panel to watch after a run-up.
Fund concentration
N-PORT · funds ranked by how much of THEMSELVES they put in this stock — the conviction number 13F cannot show
Ultra-Small Company Fund
$718.0K POSITION · AS OF 2026-03-31
0.8%
T. Rowe Price Health Sciences Portfolio
$2.4M POSITION · AS OF 2026-03-31
0.4%
T. Rowe Price Health Sciences Fund, Inc.
$39.7M POSITION · AS OF 2026-03-31
0.4%
Fidelity Advisor Biotechnology Fund
$4.2M POSITION · AS OF 2026-04-30
0.2%
T. Rowe Price Innovation Leaders ETF
$24.2K POSITION · AS OF 2026-03-31
0.2%
EQ/T.Rowe Price Health Sciences Portfolio
$13.5K POSITION · AS OF 2026-03-31
0.0%
SEC N-PORT, MONTHLY WITH A ~60-DAY PUBLIC LAG · FUNDS ≥ $10M · % = SHARE OF THE FUND'S OWN BOOK
Clinical pipeline
ClinicalTrials.gov · 6 registered trials, 3 still enrolling or running — a status change here is dated weeks before the press release
3
Phase 2
0 ACTIVE
3
Phase 3
3 ACTIVE
TRIALS MATCHED TO THIS TICKER BY SPONSOR NAME · STUDIES RUN UNDER A SUBSIDIARY'S OWN NAME ARE NOT INCLUDED
Executive pay vs shareholder return
DEF 14A pay-versus-performance disclosure · both the headline pay and the SEC's mark-to-market figure, beside the return the company delivered and the return of the peer group it chose itself
FY
CEO TOTAL
ACTUALLY PAID
OTHER NEOs AVG
TSR
PEER TSR
2025
$8.1M
$21.7M
$1.9M
-99%
—
2024
$7.4M
$7.7M
$1.7M
—
—
2023
$644.8K
$515.7K
$323.8K
-99%
—
2022
$667.3K
$652.0K
$344.9K
-89%
—
TAGGED BY THE COMPANY UNDER SEC ITEM 402(v) · RETURN IS CUMULATIVE FROM THE START OF THE DISCLOSURE PERIOD · GREEN WHERE THE COMPANY BEAT ITS OWN PEER GROUP
Fundamentals
Annual figures from XBRL filings · pick a past date to see them exactly as the market knew them then — restatements and all
2025-122024-122023-122022-12
REVENUE$0$0——
OPERATING INCOME$-56.4M$-19.5M$-8.2M$11.1M
NET INCOME$-52.6M$-17.6M$-7.7M$11.0M
EPS (DILUTED)-1.34-1.15-31.04—
OPERATING CASH FLOW$-35.8M$-14.8M$-5.9M$-11.4M
CASH$97.6M$94.9M$9.8M$2.1M
SEC XBRL · FISCAL-YEAR PERIODS · AS KNOWN ON 2026-09-05 · NOBODY ELSE SHOWS FUNDAMENTALS AS OF A PAST DATE
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Public filings, honestly analyzed. Official US government sources in one desk — every figure carries the date it was filed, and the methodology is published, backtest included.

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