IONS

IONIS PHARMACEUTICALS INC

Nasdaq · Pharmaceutical Preparations · Inc. CA · CIK 0000874015
$73.28 -0.73% $12.1B
Insider Selling Cluster (6 insiders)High Impact Filing (7/10)26 New Institutional Positions24 Institutional Exits
Vol
Market Cap$12.1B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (82%)
Inst. Holders50 funds
Inst. Value$9.2B
Inst. Activity26 buys / 24 sells
Insider Activity0B / 20S
Insider Net $-$29.9M
SEC Reports7
Exchange Nasdaq·Sector Pharmaceutical Preparations·Inc. CA·CIK 0000874015·Prev Close $73.82

Recent Activity

Oct 26, 2026 fda_pdufa
PDUFA: IONS — bepirovirsen in chronic hepatitis B (CHB) — 2026-10-26
FDA target action date 2026-10-26 for IONS (IONIS PHARMACEUTICALS INC). Drug: bepirovirsen. Indicati
Jun 12, 2026 SEC
Ionis reported positive new data from the open-label extension study (CORE-OLE) of olezarsen for severe hypertriglycerid
8-K — Impact 3/10
Jun 8, 2026 SEC
Ionis Pharmaceuticals appointed Ludwig Hantson, Ph.D. to its Board of Directors effective June 4, 2026, and reported sha
8-K — Impact 3/10
Jun 4, 2026 Insider
HANTSON LUDWIG was granted 10,753 shares
Director
Jun 4, 2026 Insider
Reikes Peter N was granted 10,753 shares
Director
Jun 1, 2026 Insider
BERTHELSEN SPENCER R sold 8,000 shares
Director @ $75.67 ($605.4K)
May 28, 2026 SEC
Ionis partner GSK reported positive Phase 3 data for bepirovirsen in chronic hepatitis B, showing a 19% functional cure
8-K — Impact 7/10
Inst.
Artisan Partners Limited Partnership — ADD
2,058,308 shares ($154.6M)

Price Targets

$102.17 +39.4% upside Strong Buy
Current $73.28 Low $47.00 Median $105.00 High $130.00 24 analysts
$47.00 $130.00

Analyst Ratings

Strong Buy82% buy · 33 analysts
10Strong Buy
17Buy
6Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 1, 2026 HC Wainwright & Co. REITERATE Buy → Buy
May 19, 2026 Citigroup INITIATE Buy
Apr 30, 2026 RBC Capital MAINTAIN Outperform → Outperform
Apr 30, 2026 Barclays MAINTAIN Overweight → Overweight
Apr 30, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.87 $-1.03 — $-0.64 -203% YoY 7
Next Q $-0.81 $-0.93 — $-0.61 -32% YoY 7
Current FY $-2.61 ▼ -2.1% $-2.79 — $-2.04 -69% YoY 8
Next FY $-0.64 ▼ -2.4% $-2.21 — $0.26 76% YoY 9

Top Institutional Holders

FundValueMove
NOMURA ASSET MANAGEMENT CO
FMR LLC$1.8B
Capital World Investors$1.6B
BlackRock, Inc.$784.1M
VANGUARD PORTFOLIO MANAGEMENT LLC$586.4M

Recent Insider Trades

DateInsiderTypeValue
Jun 4, 2026HANTSON LUDWIGA$0.00
Jun 4, 2026Reikes PeterA$0.00
Jun 1, 2026BERTHELSEN SPENCERSELL$605.4K
Jun 1, 2026BERTHELSEN SPENCERM$195.4K
May 14, 2026Monia BrettM$105.0K
50 institutional holders with $9.2B total value (123,014,209 shares) as of 2026-Q1. Top holders: NOMURA, FMR, Capital. Net buying activity: 26 institutions added/increased vs 24 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1NOMURA ASSET MANAGEMENT CO LTD$0.000.0%
2FMR LLC24,556,637$1.8B20.0%
3Capital World Investors21,186,369$1.6B17.2%
4BlackRock, Inc.10,442,476$784.1M8.5%
5VANGUARD PORTFOLIO MANAGEMENT LLC7,808,902$586.4M6.3%
6VANGUARD CAPITAL MANAGEMENT LLC7,118,330$534.5M5.8%
7WELLINGTON MANAGEMENT GROUP LLP6,391,816$480.0M5.2%
8TWO SIGMA INVESTMENTS, LP5,857,629$439.8M4.8%
9STATE STREET CORP3,995,564$300.0M3.2%
10ROYAL BANK OF CANADA3,801,815$285.5M3.1%
11Tweedy, Browne Co LLC2,275,625$170.9M1.8%
12Artisan Partners Limited Partnership2,058,308$154.6M1.7%ADD +74.2%
13BAKER BROS. ADVISORS LP2,047,727$153.8M1.7%
14GOLDMAN SACHS GROUP INC1,699,847$127.6M1.4%
15CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,583,266$118.9M1.3%
16FRANKLIN RESOURCES INC1,575,023$118.3M1.3%
17Pictet Asset Management Holding SA1,434,995$107.1M1.2%
18Invesco Ltd.1,277,358$95.9M1.0%
19MORGAN STANLEY1,026,509$77.1M0.8%
20VANGUARD FIDUCIARY TRUST CO1,024,377$76.9M0.8%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Artisan Partners Limited PartnershipADD1,181,4162,058,308+74.2%$154.6M2026-Q1
BNP Paribas Asset Management Holding S.A.TRIM1,352,837907,533-32.9%$68.1M2026-Q1
Polar Capital Holdings PlcTRIM1,333,424829,511-37.8%$62.3M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTRIM1,063,327737,859-30.6%$55.4M2026-Q1
TD ASSET MANAGEMENT INCTRIM773,184529,954-31.5%$39.8M2026-Q1
Neuberger Berman Group LLCDOUBLED108,044443,272+310.3%$33.3M2026-Q1
Capital Research Global InvestorsNEW323,015$24.3M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD223,607305,549+36.6%$22.9M2026-Q1
Hudson Bay Capital Management LPTRIM475,000295,100-37.9%$22.2M2026-Q1
ARK Investment Management LLCTRIM422,968288,716-31.7%$21.7M2026-Q1
DIMENSIONAL FUND ADVISORS LPADD176,035267,215+51.8%$20.1M2026-Q1
ExodusPoint Capital Management, LPDOUBLED83,875227,084+170.7%$17.1M2026-Q1
Trexquant Investment LPADD132,241213,645+61.6%$16.0M2026-Q1
HSBC HOLDINGS PLCDOUBLED26,941185,967+590.3%$14.0M2026-Q1
SEI INVESTMENTS COADD115,917157,222+35.6%$11.8M2026-Q1
CAPITAL FUND MANAGEMENT S.A.NEW142,201$10.7M2026-Q1
NOMURA HOLDINGS INCNEAR_EXIT848,815114,080-86.6%$8.6M2026-Q1
VICTORY CAPITAL MANAGEMENT INCADD80,729108,744+34.7%$8.2M2026-Q1
Gotham Asset Management, LLCDOUBLED43,21298,968+129.0%$7.4M2026-Q1
MARSHALL WACE, LLPTRIM256,93395,954-62.7%$7.2M2026-Q1
Russell Investments Group, Ltd.ADD43,91262,919+43.3%$4.7M2026-Q1
Orion Porfolio Solutions, LLCDOUBLED23,57461,344+160.2%$4.6M2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C.TRIM140,00050,000-64.3%$3.8M2026-Q1
TUDOR INVESTMENT CORP ET ALDOUBLED3,66148,244+1217.8%$3.6M2026-Q1
BAMCO INC /NY/ADD36,00045,000+25.0%$3.4M2026-Q1
17 unique insiders with 50 transactions. Net insider value: -$29.9M ($0.00 bought, $29.9M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 4, 2026HANTSON LUDWIGDirectorAWARD10,753
Jun 4, 2026Reikes Peter NDirectorAWARD10,753
Jun 1, 2026BERTHELSEN SPENCER RDirectorSELL8,000$75.67$605.4K
Jun 1, 2026BERTHELSEN SPENCER RDirectorEXERCISE8,000$24.42$195.4K
May 14, 2026Monia Brett PChief Executive OfficerEXERCISE3,220$32.60$105.0K
May 14, 2026Monia Brett PChief Executive OfficerSELL3,220$78.68$253.3K
May 13, 2026Monia Brett PChief Executive OfficerEXERCISE1,316$32.60$42.9K
May 13, 2026Monia Brett PChief Executive OfficerSELL1,316$78.01$102.7K
May 4, 2026LOSCALZO JOSEPHDirectorSELL59,508$74.90$4.5M
May 4, 2026LOSCALZO JOSEPHDirectorEXERCISE10,968$38.06$417.4K
May 1, 2026KLEIN JOSEPH IIIDirectorEXERCISE10,111$47.11$476.3K
May 1, 2026KLEIN JOSEPH IIIDirectorSELL8,680$73.35$636.7K
Apr 28, 2026Baroldi JosephEVP, Chief Business OfficerSELL1,626$71.79$116.7K
Apr 16, 2026Baroldi JosephEVP, Chief Business OfficerSELL5,619$74.56$419.0K
Apr 16, 2026Birchler BrianEVP, Corp and Development OpsSELL973$75.04$73.0K
Apr 16, 2026Jenne KyleEVP, Chf GL Pdt Str OfcrSELL4,902$75.17$368.5K
Apr 15, 2026Jenne KyleEVP, Chf GL Pdt Str OfcrEXERCISE12,226
Apr 15, 2026Baroldi JosephEVP, Chief Business OfficerEXERCISE10,837
Apr 15, 2026Birchler BrianEVP, Corp and Development OpsEXERCISE1,875
Apr 15, 2026PARSHALL B LYNNEDirectorSELL4,466$76.19$340.3K
Apr 2, 2026Devers Shannon L.EVP, Chief Human Resources OfcSELL6,193$74.05$458.6K
Apr 1, 2026KLEIN JOSEPH IIIDirectorEXERCISE12,000$38.06$456.7K
Apr 1, 2026KLEIN JOSEPH IIIDirectorSELL20,105$75.50$1.5M
Mar 19, 2026Schneider EugeneEVP, Chf Clinical Develop OfcrSELL5,812$70.97$412.5K
Mar 17, 2026HOUGEN ELIZABETH LEVP, Finance & CFOSELL10,172$73.21$744.7K
Mar 16, 2026HOUGEN ELIZABETH LEVP, Finance & CFOEXERCISE33,118
Mar 16, 2026HOUGEN ELIZABETH LEVP, Finance & CFOSELL205,608$72.38$14.9M
Mar 16, 2026HOUGEN ELIZABETH LEVP, Finance & CFOEXERCISE60,299$60.89$3.7M
Mar 10, 2026Jenne KyleEVP, Chf GL Pdt Str OfcrEXERCISE4,675
Mar 10, 2026Jenne KyleEVP, Chf GL Pdt Str OfcrSELL21,191$75.50$1.6M
Mar 10, 2026Jenne KyleEVP, Chf GL Pdt Str OfcrEXERCISE32,602$46.10$1.5M
Mar 10, 2026Monia Brett PChief Executive OfficerEXERCISE34,103$60.89$2.1M
Mar 10, 2026Monia Brett PChief Executive OfficerSELL16,512$75.47$1.2M
Mar 9, 2026Monia Brett PChief Executive OfficerSELL7,382$74.11$547.1K
Mar 9, 2026Monia Brett PChief Executive OfficerEXERCISE40,822$60.89$2.5M
Mar 9, 2026O'NEIL PATRICK R.EVP CLO & General CounselSELL10,148$75.25$763.7K
Mar 4, 2026LOSCALZO JOSEPHDirectorEXERCISE200$38.06$7.6K
Mar 4, 2026Baroldi JosephEVP, Chief Business OfficerEXERCISE238$56.78$13.5K
Mar 4, 2026Baroldi JosephEVP, Chief Business OfficerEXERCISE201
Mar 3, 2026Baroldi JosephEVP, Chief Business OfficerSELL4,096$79.36$325.1K
Mar 3, 2026LOSCALZO JOSEPHDirectorEXERCISE832$38.06$31.7K
Mar 3, 2026Diaz Allene M.DirectorEXERCISE10,321$41.08$424.0K
Mar 3, 2026Diaz Allene M.DirectorEXERCISE12,000
Mar 3, 2026BENNETT C FRANKEVP, Chief Scientific OfficerEXERCISE16,463$32.60$536.7K
Mar 3, 2026Devers Shannon L.EVP, Chief Human Resources OfcEXERCISE3,510$37.58$131.9K
Mar 3, 2026Devers Shannon L.EVP, Chief Human Resources OfcEXERCISE6,951
Mar 3, 2026Baroldi JosephEVP, Chief Business OfficerEXERCISE879
Feb 27, 2026BENNETT C FRANKEVP, Chief Scientific OfficerJ261$48.87$12.8K
Feb 27, 2026Swayze EricEVP ResearchJ256$48.87$12.5K
Feb 27, 2026Birchler BrianEVP, Corp and Development OpsJ351$48.87$17.2K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (82% buy). Based on 33 analysts: 10 strong buy, 17 buy, 6 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$102.17 mean target +39.4% upside Strong Buy (1.68)
$47.00 Low $130.00 High
MetricValue
Current Price$73.28
Target Low$47.00
Target Mean$102.17
Target Median$105.00
Target High$130.00
# Analysts24
RecommendationStrong Buy (1.68)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.87 $-1.03 $-0.64 -203.3% +0.0% 4↑ 2↓ $0.2B -58.0% 7
Next Q
2026-09-30
$-0.81 $-0.93 $-0.61 -32.2% +0.0% 5↑ 0↓ $0.2B 29.8% 7
Current FY
2026-12-31
$-2.61 $-2.79 $-2.04 -69.1% -2.1% 7↑ 0↓ $0.9B -5.7% 8
Next FY
2027-12-31
$-0.64 $-2.21 $0.26 75.7% -2.4% 4↑ 3↓ $1.5B 67.6% 9

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.874
7d ago$-0.874
30d ago$-0.874
60d ago$-0.947+0.072
90d ago$-0.927+0.052
13 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 1, 2026 HC Wainwright & Co. REITERATE Buy Buy
May 19, 2026 Citigroup INITIATE Buy
Apr 30, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 30, 2026 Barclays MAINTAIN Overweight Overweight
Apr 30, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Apr 23, 2026 TD Cowen MAINTAIN Buy Buy
Apr 21, 2026 Canaccord Genuity INITIATE Buy
Apr 21, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Apr 9, 2026 B of A Securities MAINTAIN Buy Buy
Mar 26, 2026 Barclays MAINTAIN Overweight Overweight
Mar 25, 2026 Needham MAINTAIN Buy Buy
Mar 25, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
Mar 3, 2026 Leerink Partners MAINTAIN Outperform Outperform
Feb 27, 2026 Piper Sandler MAINTAIN Overweight Overweight
Feb 26, 2026 Stifel MAINTAIN Hold Hold
Feb 26, 2026 Needham MAINTAIN Buy Buy
Feb 6, 2026 Piper Sandler MAINTAIN Overweight Overweight
Jan 5, 2026 Wells Fargo MAINTAIN Overweight Overweight
Dec 17, 2025 RBC Capital MAINTAIN Outperform Outperform
Dec 15, 2025 Leerink Partners MAINTAIN Outperform Outperform

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026101760082%
May 1, 202691660081%
Apr 1, 202691370076%
Mar 1, 202691370076%
Feb 1, 202691370076%
Jan 1, 202691370076%
Strong BuyBuyHoldSellStrong Sell

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

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Oct 26, 2026
fda_pdufa
PDUFA: IONS — bepirovirsen in chronic hepatitis B (CHB) — 2026-10-26
FDA target action date 2026-10-26 for IONS (IONIS PHARMACEUTICALS INC). Drug: bepirovirsen. Indication: chronic hepatitis B (CHB). NDA accepted for Pr
Sep 22, 2026
fda_pdufa
PDUFA: IONS — zilganersen in Alexander disease — 2026-09-22
FDA target action date 2026-09-22 for IONS (IONIS PHARMACEUTICALS INC). Drug: zilganersen. Indication: Alexander disease. PDUFA action date set for zi
Jun 30, 2026
fda_pdufa
PDUFA: IONS — olezarsen in severe hypertriglyceridemia (sHTG) — 2026-06-30
FDA target action date 2026-06-30 for IONS (IONIS PHARMACEUTICALS INC). Drug: olezarsen. Indication: severe hypertriglyceridemia (sHTG). sNDA accepted
Jun 12, 2026
short_volume
Short Volume: IONS — 60.6% short (0.6M / 1.1M)
Short: 643,059 | Exempt: 0 | TRF Vol: 1,061,637 | Short Ratio: 60.6% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: IONS — 72.6% short (0.7M / 1.0M)
Short: 725,647 | Exempt: 0 | TRF Vol: 999,257 | Short Ratio: 72.6% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: IONS — 59.7% short (0.4M / 0.7M)
Short: 409,970 | Exempt: 941 | TRF Vol: 687,148 | Short Ratio: 59.7% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: IONS — 57.0% short (0.3M / 0.6M)
Short: 316,982 | Exempt: 73 | TRF Vol: 556,432 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: IONS — 66.5% short (0.5M / 0.8M)
Short: 533,630 | Exempt: 31 | TRF Vol: 802,247 | Short Ratio: 66.5% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: IONS — 63.0% short (0.3M / 0.5M)
Short: 318,576 | Exempt: 4,545 | TRF Vol: 505,974 | Short Ratio: 63.0% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: IONS — 76.6% short (0.6M / 0.7M)
Short: 563,932 | Exempt: 615 | TRF Vol: 735,804 | Short Ratio: 76.6% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: IONS — 58.1% short (0.4M / 0.6M)
Short: 362,241 | Exempt: 14 | TRF Vol: 623,981 | Short Ratio: 58.1% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: IONS — 76.9% short (0.9M / 1.1M)
Short: 874,404 | Exempt: 1,202 | TRF Vol: 1,137,660 | Short Ratio: 76.9% | Off-exchange volume (dark pool + OTC)
May 20, 2026
short_volume
Short Volume: IONS — 73.4% short (0.6M / 0.8M)
Short: 620,303 | Exempt: 940 | TRF Vol: 844,909 | Short Ratio: 73.4% | Off-exchange volume (dark pool + OTC)
May 19, 2026
short_volume
Short Volume: IONS — 56.6% short (0.3M / 0.6M)
Short: 320,655 | Exempt: 398 | TRF Vol: 566,292 | Short Ratio: 56.6% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: IONS — 3.4M shares, 49,283 trades
Week starting 2026-05-18. Total ATS volume: 3,442,223 shares across 49,283 trades.
May 8, 2026
Clinical Trial
An Extension Study of Donidalorsen (IONIS-PKK-LRx) in Participants With Hereditary Angioedema
Phase Phase 2 — COMPLETED
Apr 23, 2026
Clinical Trial
A Study of Olezarsen (Formerly Known as AKCEA-APOCIII-LRx) in Adults With Hypertriglyceridemia and Atherosclerotic Cardiovascular Disease (Established or at Increased Risk for), and/or With Severe Hypertriglyceridemia
Phase Phase 2 — COMPLETED
Apr 2, 2026
Clinical Trial
FUSION: A Study to Evaluate the Efficacy, Safety, Pharmacokinetics and Pharmacodynamics of ION363 in Amyotrophic Lateral Sclerosis Participants With Fused in Sarcoma Mutations (FUS-ALS)
Phase Phase 3 — ACTIVE_NOT_RECRUITING