CGEM

Cullinan Therapeutics, Inc.

Nasdaq · Biological Products, (No Diagnostic Substances) · Inc. DE · CIK 0001789972
$13.70 +5.55% $842.0M
Insider Selling Cluster (5 insiders)15 New Institutional Positions8 Institutional Exits
Vol
Market Cap$842.0M
Cap SizeSmall Cap
Analyst ConsensusStrong Buy (95%)
Inst. Holders50 funds
Inst. Value$309.3M
Inst. Activity15 buys / 8 sells
Insider Activity0B / 14S
Insider Net $-$1.1M
Reddit Sentiment50° Neutral
SEC Reports6
Press Releases4
Exchange Nasdaq·Sector Biological Products, (No Diagnostic Substances)·Inc. DE·CIK 0001789972·Prev Close $12.98

Recent Activity

Feb 27, 2027 fda_pdufa
PDUFA: CGEM — zipalertinib in EGFR ex20ins NSCLC — 2027-02-27
FDA target action date 2027-02-27 for CGEM (Cullinan Therapeutics, Inc.). Drug: zipalertinib. Indica
Jun 11, 2026 SEC
Three institutional investors (Morgan Stanley, Invesco, RenTech) added to their CGEM positions in Q3 2025, while two (Fi
INST-CLUSTER — Impact 3/10
Jun 8, 2026 SEC
Cullinan Therapeutics presented initial Phase 1 data for CLN-978 (CD19xCD3 T cell engager) in SLE and RA at EULAR 2026.
8-K — Impact 6/10
May 18, 2026 SEC
Cullinan Therapeutics announced initial Phase 1 clinical data for CLN-978 in RA and SLE, showing robust B cell depletion
8-K — Impact 5/10
May 5, 2026 Insider
Michaelson Jennifer sold 7,800 shares
Chief Scientific Officer @ $14.60 ($113.9K)
May 5, 2026 Insider
Michaelson Jennifer acquired via exercise 4,000 shares
Chief Scientific Officer @ $4.30 ($17.2K)
Mar 5, 2026 Insider
Michaelson Jennifer sold 8,000 shares
Chief Scientific Officer @ $15.68 ($125.4K)
Inst.
MARSHALL WACE, LLP — DOUBLED
1,049,581 shares ($14.9M)

Price Targets

$31.55 +130.3% upside Strong Buy
Current $13.70 Low $24.00 Median $30.00 High $38.00 11 analysts
$24.00 $38.00

Analyst Ratings

Strong Buy95% buy · 19 analysts
9Strong Buy
9Buy
1Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 11, 2026 Wedbush REITERATE Outperform → Outperform
Jun 8, 2026 HC Wainwright & Co. REITERATE Buy → Buy
May 19, 2026 BTIG REITERATE Buy → Buy
May 8, 2026 Wedbush MAINTAIN Outperform → Outperform
May 4, 2026 BTIG REITERATE Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.85 ▲ +0.9% $-1.00 — $-0.74 20% YoY 9
Next Q $-0.86 ▲ +0.7% $-1.09 — $-0.71 -12% YoY 9
Current FY $-3.15 ▲ +1.8% $-3.54 — $-2.48 6% YoY 8
Next FY $-2.53 ▼ -1.6% $-3.73 — $-0.34 20% YoY 8

Top Institutional Holders

FundValueMove
BlackRock, Inc.$63.2M
STATE STREET CORP$36.2MADD
VANGUARD CAPITAL MANAGEMENT LLC$35.3M
RTW INVESTMENTS, LP$24.2M
MARSHALL WACE, LLP$14.9MDOUBLED

Recent Insider Trades

DateInsiderTypeValue
May 5, 2026Michaelson JenniferSELL$113.9K
May 5, 2026Michaelson JenniferM$17.2K
Mar 5, 2026Michaelson JenniferSELL$125.4K
Mar 5, 2026Michaelson JenniferM$17.2K
Feb 25, 2026Michaelson JenniferSELL$25.2K

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
3 mentions 0 bullish 0 bearish
50 institutional holders with $309.3M total value (21,789,594 shares) as of 2026-Q1. Top holders: BlackRock,, STATE, VANGUARD. Net buying activity: 15 institutions added/increased vs 8 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.4,449,966$63.2M20.4%
2STATE STREET CORP2,544,115$36.2M11.7%ADD +31.0%
3VANGUARD CAPITAL MANAGEMENT LLC2,483,034$35.3M11.4%
4RTW INVESTMENTS, LP1,705,960$24.2M7.8%
5MARSHALL WACE, LLP1,049,581$14.9M4.8%DOUBLED +153.3%
6DIMENSIONAL FUND ADVISORS LP906,028$12.9M4.2%TRIM -28.3%
7Point72 Asset Management, L.P.905,376$12.9M4.2%DOUBLED +151.4%
8Nuveen, LLC805,700$11.4M3.7%ADD +39.1%
9MORGAN STANLEY589,483$8.4M2.7%ADD +91.7%
10VANGUARD PORTFOLIO MANAGEMENT LLC552,553$7.9M2.5%
11TWO SIGMA INVESTMENTS, LP522,047$7.4M2.4%DOUBLED +688.5%
12BANK OF AMERICA CORP /DE/516,724$7.3M2.4%ADD +49.2%
13GOLDMAN SACHS GROUP INC455,449$6.5M2.1%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC432,893$6.2M2.0%
15DEUTSCHE BANK AG\367,906$5.2M1.7%TRIM -37.3%
16VANGUARD FIDUCIARY TRUST CO342,852$4.9M1.6%
17RENAISSANCE TECHNOLOGIES LLC324,111$4.6M1.5%TRIM -48.7%
18Connor, Clark & Lunn Investment Management Ltd.289,115$4.1M1.3%ADD +75.5%
19CITADEL ADVISORS LLC252,778$3.6M1.2%
20Invesco Ltd.244,150$3.5M1.1%ADD +87.3%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
MARSHALL WACE, LLPDOUBLED414,3591,049,581+153.3%$14.9M2026-Q1
Point72 Asset Management, L.P.DOUBLED360,162905,376+151.4%$12.9M2026-Q1
Nuveen, LLCADD579,095805,700+39.1%$11.4M2026-Q1
BANK OF AMERICA CORP /DE/ADD346,307516,724+49.2%$7.3M2026-Q1
DEUTSCHE BANK AG\TRIM586,636367,906-37.3%$5.2M2026-Q1
RENAISSANCE TECHNOLOGIES LLCTRIM631,706324,111-48.7%$4.6M2026-Q1
Invesco Ltd.ADD130,323244,150+87.3%$3.5M2026-Q1
Trexquant Investment LPTRIM381,535168,473-55.8%$2.4M2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUPTRIM343,667173,740-49.4%$2.3M2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THEDOUBLED16,82275,310+347.7%$1.1M2026-Q1
Mariner, LLCADD49,13162,718+27.7%$891.1K2026-Q1
TUDOR INVESTMENT CORP ET ALDOUBLED10,12828,988+186.2%$411.9K2026-Q1
Brevan Howard Capital Management LPDOUBLED10,97024,078+119.5%$342.1K2026-Q1
Legal & General Group PlcTRIM28,62818,701-34.7%$265.7K2026-Q1
CWM, LLCDOUBLED3,87612,196+214.7%$173.3K2026-Q1
FMR LLCADD4,5987,232+57.3%$102.8K2026-Q1
NISA INVESTMENT ADVISORS, LLCDOUBLED3005,800+1833.3%$82.4K2026-Q1
Russell Investments Group, Ltd.NEAR_EXIT24,4094,272-82.5%$60.7K2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/DOUBLED47,1872,029,719+4201.4%$28.8K2026-Q1
Allworth Financial LPADD6451,146+77.7%$16.3K2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCTRIM1,081306-71.7%$4.3K2026-Q1
HRT FINANCIAL LPTRIM84,06738,586-54.1%$548.002026-Q1
PNC FINANCIAL SERVICES GROUP, INC.DOUBLED518+260.0%$256.002026-Q1
STATE STREET CORPADD1,677,3142,197,338+31.0%$22.7M2025-Q4
DIMENSIONAL FUND ADVISORS LPTRIM1,183,821848,769-28.3%$8.8M2025-Q4
5 unique insiders with 19 transactions. Net insider value: -$1.1M ($0.00 bought, $1.1M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 5, 2026Michaelson JenniferChief Scientific OfficerSELL7,800$14.60$113.9K
May 5, 2026Michaelson JenniferChief Scientific OfficerEXERCISE4,000$4.30$17.2K
Mar 5, 2026Michaelson JenniferChief Scientific OfficerSELL8,000$15.68$125.4K
Mar 5, 2026Michaelson JenniferChief Scientific OfficerEXERCISE4,000$4.30$17.2K
Feb 25, 2026Michaelson JenniferChief Scientific OfficerSELL1,780$14.14$25.2K
Feb 24, 2026Michaelson JenniferChief Scientific OfficerSELL3,601$14.47$52.1K
Feb 24, 2026SUMER JACQUELYN LChief Legal OfficerSELL3,601$14.47$52.1K
Feb 24, 2026AHMED NADIMPresident and CEOSELL13,515$14.47$195.6K
Feb 24, 2026Jones Jeffrey AlanChief Medical OfficerSELL4,582$14.47$66.3K
Feb 23, 2026Michaelson JenniferChief Scientific OfficerSELL1,752$13.99$24.5K
Feb 20, 2026Fenton Mary KayChief Financial OfficerSELL4,398$13.62$59.9K
Feb 20, 2026Jones Jeffrey AlanChief Medical OfficerSELL4,982$13.62$67.9K
Feb 20, 2026Michaelson JenniferChief Scientific OfficerSELL3,742$13.62$51.0K
Feb 20, 2026Michaelson JenniferChief Scientific OfficerEXERCISE8,000$4.30$34.4K
Feb 20, 2026SUMER JACQUELYN LChief Legal OfficerSELL3,742$13.62$51.0K
Feb 20, 2026AHMED NADIMPresident and CEOSELL16,381$13.62$223.1K
Feb 18, 2026Michaelson JenniferChief Scientific OfficerAWARD57,500
Feb 18, 2026Michaelson JenniferChief Scientific OfficerAWARD115,000
Feb 12, 2026Michaelson JenniferChief Scientific OfficerSELL416$12.03$5.0K
Current analyst consensus: Strong Buy (95% buy). Based on 19 analysts: 9 strong buy, 9 buy, 1 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$31.55 mean target +130.3% upside Strong Buy (1.08)
$24.00 Low $38.00 High
MetricValue
Current Price$13.70
Target Low$24.00
Target Mean$31.55
Target Median$30.00
Target High$38.00
# Analysts11
RecommendationStrong Buy (1.08)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.85 $-1.00 $-0.74 20.4% +0.9% 4↑ 0↓ $0.0B 0.0% 9
Next Q
2026-09-30
$-0.86 $-1.09 $-0.71 -12.0% +0.7% 4↑ 1↓ $0.0B 0.0% 9
Current FY
2026-12-31
$-3.15 $-3.54 $-2.48 6.2% +1.8% 6↑ 1↓ $0.0B 0.0% 8
Next FY
2027-12-31
$-2.53 $-3.73 $-0.34 19.8% -1.6% 5↑ 1↓ $0.0B 382.9% 8

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.851
7d ago$-0.854+0.003
30d ago$-0.859+0.007
60d ago$-0.888+0.037
90d ago$-0.879+0.028
5 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 11, 2026 Wedbush REITERATE Outperform Outperform
Jun 8, 2026 HC Wainwright & Co. REITERATE Buy Buy
May 19, 2026 BTIG REITERATE Buy Buy
May 8, 2026 Wedbush MAINTAIN Outperform Outperform
May 4, 2026 BTIG REITERATE Buy Buy
Apr 28, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Apr 28, 2026 BTIG REITERATE Buy Buy
Mar 11, 2026 Wedbush MAINTAIN Outperform Outperform
Feb 17, 2026 Citigroup INITIATE Buy
Feb 2, 2026 Guggenheim INITIATE Buy
Jan 8, 2026 HC Wainwright & Co. MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20269910095%
May 1, 20269910095%
Apr 1, 20269910095%
Mar 1, 20269910095%
Feb 1, 20267910094%
Jan 1, 20267910094%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
3 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 22, 2026250° Neutral002
Feb 25, 2026156° Neutral001

Recent Reddit Threads

r/wallstreetbets Neutral 21d 20h ago
CGEM
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 21d 20h ago
CGEM
▲ 1 💬 0 ⚡ 0.5
Feb 27, 2027
fda_pdufa
PDUFA: CGEM — zipalertinib in EGFR ex20ins NSCLC — 2027-02-27
FDA target action date 2027-02-27 for CGEM (Cullinan Therapeutics, Inc.). Drug: zipalertinib. Indication: EGFR ex20ins NSCLC. PDUFA target action date
Jun 12, 2026
short_volume
Short Volume: CGEM — 62.7% short (0.4M / 0.7M)
Short: 440,268 | Exempt: 0 | TRF Vol: 702,001 | Short Ratio: 62.7% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
fda
Cullinan Therapeutics Shares New Clinical Data Across Its Portfolio of T Cell Engager Programs Targeting CD19 and BCMA in Autoimmune Diseases
<p align="center"><em>CLN-978 (CD19 TCE) EULAR data demonstrated potential for immune reset, including remissions, in both systemic lupus erythematosu
Jun 10, 2026
short_volume
Short Volume: CGEM — 73.7% short (0.6M / 0.8M)
Short: 611,652 | Exempt: 2,531 | TRF Vol: 829,721 | Short Ratio: 73.7% | Off-exchange volume (dark pool + OTC)
Jun 6, 2026
other
Cullinan Therapeutics Presents Initial Clinical Data for CLN-978, a CD19xCD3 T Cell Engager, at the EULAR 2026 Congress
<p align="center"><em>Clinical benefit, including remissions, demonstrated in both systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA) pa
May 27, 2026
short_volume
Short Volume: CGEM — 56.2% short (0.3M / 0.6M)
Short: 319,294 | Exempt: 10,427 | TRF Vol: 567,750 | Short Ratio: 56.2% | Off-exchange volume (dark pool + OTC)
May 19, 2026
fda
Cullinan Therapeutics Receives FDA Orphan Drug Designation for CLN-049, a Novel FLT3xCD3 T Cell Engager, in Relapsed/Refractory Acute Myeloid Leukemia
<p align="center"><em>Orphan Drug Designation underscores the potential of CLN-049, a novel FLT3xCD3 T cell engager, to address significant unmet need
May 18, 2026
fda
Cullinan Therapeutics to Present Initial Clinical Data for CLN-978 in Treatment-Refractory Rheumatoid Arthritis and Systemic Lupus Erythematosus at EULAR 2026 Congress
<p>CAMBRIDGE, Mass., May 18, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=Wyl8Fmu3KgczUn1HJczjlPC4ori5pUgdOXhEwngCr6
May 12, 2026
short_volume
Short Volume: CGEM — 87.7% short (0.7M / 0.8M)
Short: 699,067 | Exempt: 0 | TRF Vol: 797,376 | Short Ratio: 87.7% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings
Cullinan Therapeutics Provides Corporate Update and Reports First Quarter 2026 Financial Results
<p align="center"><em>Initial clinical data in SLE and RA for CLN-978, a CD19 T cell engager, to be presented at the EULAR 2026 Congress in June; mult
May 7, 2026
earnings_calendar
CGEM Q1 2026 Earnings Scheduled — 2026-05-07
May 6, 2026
earnings_calendar
CGEM Q1 2026 Earnings Scheduled — 2026-05-06
Apr 13, 2026
short_volume
Short Volume: CGEM — 76.3% short (0.4M / 0.5M)
Short: 396,057 | Exempt: 500 | TRF Vol: 518,908 | Short Ratio: 76.3% | Off-exchange volume (dark pool + OTC)
Mar 10, 2026
earnings
Cullinan Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full Year 2025 Financial Results
<p align="center"><em>Initial clinical data for CLN-978 in SLE and RA confirmed for Q2 2026; repeat dosing data in RA confirmed for Q3 2026</em></p>
Mar 5, 2026
earnings_calendar
CGEM Q4 2025 Earnings After Market Close — 2026-03-05