AARD Earnings
Thursday, May 14 2026
EPS Estimate
$-0.91
$-1.49 – $-0.75
Current Price
$5.59
Our Position
bearish · highPhase 3 trial pause tanks stock 53.56% in one day
structured data
est. revisions falling
(-2.6pp / 30d)
A Phase 3 pause is clinical catastrophe territory. The trial was likely the cornerstone of near-term value; without it, the company has no near-term value catalyst and faces a multi-year reset if the trial resumes at all. Investors are pricing in worst-case scenarios until management clarifies the pause reason.
Watch: Watch for an SEC filing or investor call explaining the pause rationale and expected timeline for resumption or discontinuation. Safety data becomes the critical variable — any hint of adverse events will keep the stock under pressure.
Data Signal Summary
1 bullish
3 bearish
Estimates down -2%
Insider buying cluster
Put/call 2.3 (bearish skew)
Price downtrend
Key Context
Insider Activity
buying
Price Trend
downtrend
From 52w High
-1.1%
Est. Revisions (30d)
-2.5% 2up/0dn
Analyst Target (mean)
$17 $6–$45 +202%
Options P/C Ratio
2.31
Est. Dispersion
81% 8 analysts
Insider Cluster
strong buy (officer)
Fund Convergence
moderate Citadel, Two Sigma
Recent Activity
insider trades
18 transactions
Buy
·
LEE TIEN-LI (Chief Executive Officer)
·7,000 shares
·$101,395
Buy
·
SUN NELSON B. (Chief Financial Officer)
·3,000 shares
·$43,200
Exercise
·
LEE TIEN-LI (Chief Executive Officer)
·1,229 shares
·$5,211
Exercise
·
JONES BRYAN (Chief Operating Officer)
·1,250 shares
·$5,300
Buy
·
LEE TIEN-LI (Chief Executive Officer)
·10,000 shares
·$96,624
13 more
Buy
·
LEE TIEN-LI
·20,000 shr
·$160,654
Buy
·
SUN NELSON B.
·6,000 shr
·$48,440
Exercise
·
LEE TIEN-LI
·17,209 shr
·$72,966
Buy
·
CORMORANT ASSET MANAGEMENT ,L.P
·187,500 shr
·$2,493,750
Other
·
CORMORANT ASSET MANAGEMENT ,L.P
·800,189 shr
Other
·
VICKERS VENTURE FUND VI PTE, LTD.
·2,050,902 shr
Buy
·
DECHENG CAPITAL GLOBAL LIFE SCIENCES FUND IV, L.P.
·1,250,000 shr
·$16,625,000
Other
·
DECHENG CAPITAL GLOBAL LIFE SCIENCES FUND IV, L.P.
·2,667,299 shr
Buy
·
LEE TIEN-LI
·16,542 shr
·$220,009
Other
·
LEE TIEN-LI
·41,303 shr
Other
·
CHI JEFFREY CHIEN CHUEN PH.D.
·133,364 shr
Buy
·
SUN NELSON B.
·10,000 shr
·$133,000
Other
·
SUN NELSON B.
·7,001 shr
Explore more
