BTAI

BioXcel Therapeutics, Inc.

Nasdaq · Pharmaceutical Preparations · Inc. DE · CIK 0001720893
$1.11 0.00% $34.1M
Insider Selling Cluster (4 insiders)3 Institutional Exits
Vol
Market Cap$34.1M
Cap SizeNano Cap
Analyst ConsensusStrong Buy (82%)
Inst. Holders5 funds
Inst. Value$624.5K
Inst. Activity1 buys / 3 sells
Insider Activity0B / 4S
Insider Net $-$43.1K
SEC Reports6
Press Releases2
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. DE·CIK 0001720893·Prev Close $1.11

Recent Activity

Nov 14, 2026 fda_pdufa
PDUFA: BTAI — IGALMI in acute agitation associated with bipolar disorders or schizophrenia in the at-home setting — 2026-11-14
FDA target action date 2026-11-14 for BTAI (BioXcel Therapeutics, Inc.). Drug: IGALMI. Indication: a
May 22, 2026 SEC
Three top insiders at BioXcel Therapeutics (CEO, CFO, and another executive) collectively sold $35.6K in open-market sha
CLUSTER — Impact 5/10
May 20, 2026 SEC
Richard I. Steinhart, an officer of BioXcel Therapeutics, filed a Form 144 to sell 6,845 shares of common stock valued a
144 — Impact 2/10
May 20, 2026 Insider
Mehta Vimal sold 19,419 shares
CEO and President @ $1.09 ($21.1K)
May 20, 2026 Insider
Steinhart Richard I sold 6,845 shares
Chief Financial Officer @ $1.09 ($7.4K)
May 20, 2026 Insider
Rodriguez Javier sold 6,560 shares
See Remarks @ $1.08 ($7.1K)
May 15, 2026 SEC
BioXcel Therapeutics reported Q1 2026 revenue of $206K (up 22.6% YoY from $168K) and a GAAP net loss of $12.7M ($0.54/sh
8-K — Impact 6/10
Inst.
VANGUARD GROUP INC — ADD
292,753 shares ($468.4K)

Price Targets

$14.00 +1208.4% upside Strong Buy
Current $1.07 Low $1.00 Median $8.50 High $38.00 4 analysts
$1.00 $38.00

Analyst Ratings

Strong Buy82% buy · 11 analysts
2Strong Buy
7Buy
1Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 2, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy
Mar 17, 2026 Rodman & Renshaw INITIATE Buy
Mar 5, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.58 ▼ -58.9% $-0.58 — $-0.58 76% YoY 1
Next Q $-0.97 ▼ -203.1% $-0.97 — $-0.97 55% YoY 1
Current FY $-2.62 ▼ -33.9% $-2.62 — $-2.62 54% YoY 1
Next FY $-1.54 ▲ +6.7% $-2.05 — $-1.12 41% YoY 3

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$468.4KADD
FMR LLC$144.5KTRIM
WELLS FARGO & COMPANY/MN$6.9KTRIM
MORGAN STANLEY$2.3KTRIM
BANK OF AMERICA CORP$2.3KNEAR_EXIT

Recent Insider Trades

DateInsiderTypeValue
May 20, 2026Mehta VimalSELL$21.1K
May 20, 2026Steinhart RichardSELL$7.4K
May 20, 2026Rodriguez JavierSELL$7.1K
May 20, 2026Yocca FrankSELL$7.4K
May 4, 2026Yocca FrankM$0.00
5 institutional holders with $624.5K total value (390,288 shares) as of 2025-Q4. Top holders: VANGUARD, FMR, WELLS. Net selling activity: 3 institutions trimmed/exited vs 1 added.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC292,753$468.4K75.0%ADD +52.4%
2FMR LLC90,300$144.5K23.1%TRIM -54.5%
3WELLS FARGO & COMPANY/MN4,325$6.9K1.1%TRIM -73.5%
4MORGAN STANLEY1,464$2.3K0.4%TRIM -36.5%
5BANK OF AMERICA CORP /DE/1,446$2.3K0.4%NEAR_EXIT -79.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
VANGUARD GROUP INCADD192,125292,753+52.4%$468.4K2025-Q4
FMR LLCTRIM198,60090,300-54.5%$144.5K2025-Q4
WELLS FARGO & COMPANY/MNTRIM16,3164,325-73.5%$6.9K2025-Q4
BANK OF AMERICA CORP /DE/NEAR_EXIT6,8811,446-79.0%$2.3K2025-Q4
FMR LLCNEW198,600$508.4K2025-Q3
VANGUARD GROUP INCDOUBLED18,824192,125+920.6%$491.8K2025-Q3
BANK OF AMERICA CORP /DE/DOUBLED1,5476,881+344.8%$17.6K2025-Q3
UBS Group AGTRIM101,77839,882-60.8%$72.2K2025-Q2
WELLS FARGO & COMPANY/MNADD12,29316,919+37.6%$30.6K2025-Q2
UBS Group AGNEW101,778$206.6K2025-Q1
VANGUARD GROUP INCNEW18,824$38.2K2025-Q1
WELLS FARGO & COMPANY/MNNEW12,293$25.0K2025-Q1
VANGUARD GROUP INCEXIT1,187,4660-100.0%$0.002025-Q1
UBS Group AGEXIT1,276,8930-100.0%$0.002025-Q1
RENAISSANCE TECHNOLOGIES LLCEXIT77,9000-100.0%$0.002025-Q1
CITADEL ADVISORS LLCEXIT93,9000-100.0%$0.002025-Q1
WELLS FARGO & COMPANY/MNEXIT199,0100-100.0%$0.002025-Q1
UBS Group AGDOUBLED13,2281,276,893+9553.0%$477.6K2024-Q4
CITADEL ADVISORS LLCADD49,90093,900+88.2%$35.1K2024-Q4
RENAISSANCE TECHNOLOGIES LLCTRIM129,86977,900-40.0%$29.1K2024-Q4
MORGAN STANLEYTRIM40,61425,796-36.5%$9.6K2024-Q4
MORGAN STANLEYTRIM116,56340,614-65.2%$24.8K2024-Q3
4 unique insiders with 4 transactions. Net insider value: -$43.1K ($0.00 bought, $43.1K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 20, 2026Mehta VimalCEO and PresidentSELL19,419$1.09$21.1K
May 20, 2026Steinhart Richard IChief Financial OfficerSELL6,845$1.09$7.4K
May 20, 2026Rodriguez JavierSee RemarksSELL6,560$1.08$7.1K
May 20, 2026Yocca FrankChief Scientific OfficerSELL6,845$1.09$7.4K
May 4, 2026Yocca FrankChief Scientific OfficerM17,500$0.00$0.00
May 4, 2026Yocca FrankChief Scientific OfficerM17,500$0.00$0.00
May 4, 2026Rodriguez JavierSee RemarksM17,500$0.00$0.00
May 4, 2026Rodriguez JavierSee RemarksM17,500$0.00$0.00
May 4, 2026Steinhart Richard IChief Financial OfficerM17,500$0.00$0.00
May 4, 2026Steinhart Richard IChief Financial OfficerM17,500$0.00$0.00
May 4, 2026Mehta VimalCEO and PresidentM49,758$0.00$0.00
May 4, 2026Mehta VimalCEO and PresidentM49,758$0.00$0.00
May 1, 2026Mehta VimalCEO and PresidentM18,000$0.00$0.00
May 1, 2026Mehta VimalCEO and PresidentM18,000$0.00$0.00
May 1, 2026Steinhart Richard IChief Financial OfficerM9,000$0.00$0.00
May 1, 2026Steinhart Richard IChief Financial OfficerM9,000$0.00$0.00
May 1, 2026Yocca FrankChief Scientific OfficerM9,000$0.00$0.00
May 1, 2026Yocca FrankChief Scientific OfficerM9,000$0.00$0.00
May 1, 2026Rodriguez JavierSee RemarksM9,000$0.00$0.00
May 1, 2026Rodriguez JavierSee RemarksM9,000$0.00$0.00
Mar 15, 2026Mehta VimalCEO and PresidentM219$0.00$0.00
Mar 15, 2026Mehta VimalCEO and PresidentM219$0.00$0.00
Mar 15, 2026Rodriguez JavierSee RemarksM35$0.00$0.00
Mar 15, 2026Rodriguez JavierSee RemarksM35$0.00$0.00
Mar 15, 2026Yocca FrankChief Scientific OfficerM35$0.00$0.00
Mar 15, 2026Yocca FrankChief Scientific OfficerM35$0.00$0.00
Mar 15, 2026Steinhart Richard IChief Financial OfficerM35$0.00$0.00
Mar 15, 2026Steinhart Richard IChief Financial OfficerM35$0.00$0.00
Mar 14, 2026Mehta VimalCEO and PresidentM164$0.00$0.00
Mar 14, 2026Mehta VimalCEO and PresidentM164$0.00$0.00
Mar 14, 2026Steinhart Richard IChief Financial OfficerM33$0.00$0.00
Mar 14, 2026Yocca FrankChief Scientific OfficerM33$0.00$0.00
Mar 14, 2026Yocca FrankChief Scientific OfficerM33$0.00$0.00
Mar 14, 2026Rodriguez JavierSee RemarksM33$0.00$0.00
Mar 14, 2026Rodriguez JavierSee RemarksM33$0.00$0.00
Mar 14, 2026Steinhart Richard IChief Financial OfficerM33$0.00$0.00
Current analyst consensus: Strong Buy (82% buy). Based on 11 analysts: 2 strong buy, 7 buy, 1 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$14.00 mean target +1208.4% upside Strong Buy (3.00)
$1.00 Low $38.00 High
MetricValue
Current Price$1.07
Target Low$1.00
Target Mean$14.00
Target Median$8.50
Target High$38.00
# Analysts4
RecommendationStrong Buy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.58 $-0.58 $-0.58 76.3% -58.9% $0.0B 41.0% 1
Next Q
2026-09-30
$-0.97 $-0.97 $-0.97 55.2% -203.1% $0.0B 95.3% 1
Current FY
2026-12-31
$-2.62 $-2.62 $-2.62 54.1% -33.9% 1↑ 0↓ $0.0B 19.9% 1
Next FY
2027-12-31
$-1.54 $-2.05 $-1.12 41.2% +6.7% 1↑ 0↓ $0.0B 2359.2% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.580
7d ago$-0.365-0.215
30d ago$-0.365-0.215
60d ago$-0.513-0.067
90d ago$-0.563-0.017
2 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 2, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Mar 17, 2026 Rodman & Renshaw INITIATE Buy
Mar 5, 2026 HC Wainwright & Co. MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262711082%
May 1, 20262711082%
Apr 1, 20262711082%
Mar 1, 20262711082%
Feb 1, 20262711082%
Jan 1, 20262711082%
Strong BuyBuyHoldSellStrong Sell

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

Recent Reddit Threads

r/pennystocks Neutral 3mo ago
$btai could be a ghost one
▲ 1 💬 0 ⚡ 0.0
Nov 14, 2026
fda_pdufa
PDUFA: BTAI — IGALMI in acute agitation associated with bipolar disorders or schizophrenia in the at-home setting — 2026-11-14
FDA target action date 2026-11-14 for BTAI (BioXcel Therapeutics, Inc.). Drug: IGALMI. Indication: acute agitation associated with bipolar disorders o
Jun 5, 2026
short_volume
Short Volume: BTAI — 80.3% short (0.5M / 0.6M)
Short: 498,512 | Exempt: 23,988 | TRF Vol: 620,691 | Short Ratio: 80.3% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
Clinical Trial
Dexmedetomidine in the Treatment of Agitation Associated With Bipolar Disorder
Phase Phase 3 — COMPLETED
Jun 4, 2026
Clinical Trial
Dexmedetomidine in the Treatment of Agitation Associated With Schizophrenia
Phase Phase 3 — COMPLETED
Jun 3, 2026
Clinical Trial
An Efficacy, and Safety Study Of BXCL501 For The Treatment Of Agitation Associated With Dementia
Phase Phase 2 — TERMINATED
Jun 3, 2026
Clinical Trial
Dexmedetomidine in the Treatment of Symptoms Of Acute Opioid Withdrawal
Phase Phase 2 — COMPLETED
Jun 3, 2026
Clinical Trial
Sub-Lingual Dexmedetomidine in Agitation Associated With Dementia
Phase Phase 2 — COMPLETED
May 29, 2026
short_volume
Short Volume: BTAI — 57.3% short (0.4M / 0.7M)
Short: 389,633 | Exempt: 16,497 | TRF Vol: 679,700 | Short Ratio: 57.3% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: BTAI — 62.8% short (0.6M / 0.9M)
Short: 587,880 | Exempt: 32,845 | TRF Vol: 936,211 | Short Ratio: 62.8% | Off-exchange volume (dark pool + OTC)
May 15, 2026
earnings
BioXcel Therapeutics Provides Business Update and Reports First Quarter 2026 Financial Results
<p align="center"><em>FDA accepted sNDA for IGALMI® use in at-home (outpatient) setting; set Nov. 14, 2026, as PDUFA date </em></p>
May 13, 2026
earnings_calendar
BTAI Q1 2026 Earnings Scheduled — 2026-05-13
May 11, 2026
earnings_calendar
BTAI Q1 2026 Earnings Scheduled — 2026-05-11
Apr 17, 2026
other
BioXcel Therapeutics Announces Virtual Event to Discuss Commercial Launch Plan Based on Market Opportunity Assessment for IGALMI® in the At-Home Setting
<p align="center"><em>Live event to be held on Thursday, April 23, at 2:00 p.m. ET </em></p>
Apr 16, 2026
short_volume
Short Volume: BTAI — 65.6% short (0.4M / 0.7M)
Short: 434,265 | Exempt: 4,394 | TRF Vol: 661,625 | Short Ratio: 65.6% | Off-exchange volume (dark pool + OTC)
Apr 10, 2026
short_volume
Short Volume: BTAI — 65.7% short (0.3M / 0.5M)
Short: 347,748 | Exempt: 440 | TRF Vol: 529,698 | Short Ratio: 65.7% | Off-exchange volume (dark pool + OTC)
Apr 8, 2026
other
BioXcel Therapeutics Announces Enrollment of First Patients in U.S. Department of War-Funded Study of BXCL501 (Sublingual Dexmedetomidine) for Treatment of Acute Stress Reactions
<p align="center"><em>DoW-funded Phase 2a trial led by University of North Carolina at Chapel Hill (UNC) Institute for Trauma Recovery </em></p>
Apr 7, 2026
short_volume
Short Volume: BTAI — 63.9% short (0.4M / 0.6M)
Short: 410,066 | Exempt: 3,653 | TRF Vol: 641,332 | Short Ratio: 63.9% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
short_volume
Short Volume: BTAI — 70.6% short (0.4M / 0.5M)
Short: 353,393 | Exempt: 34,054 | TRF Vol: 500,347 | Short Ratio: 70.6% | Off-exchange volume (dark pool + OTC)
Apr 1, 2026
other
BioXcel Therapeutics Announces Food &amp; Drug Administration Acceptance of Supplemental New Drug Application for Use of IGALMI® in the At-Home Setting
<p align="center"><em>PDUFA target action date of November 14, 2026</em></p>
Mar 30, 2026
short_volume
Short Volume: BTAI — 67.9% short (0.4M / 0.5M)
Short: 371,862 | Exempt: 188 | TRF Vol: 547,279 | Short Ratio: 67.9% | Off-exchange volume (dark pool + OTC)