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ADPT

Bearish signalScored 2026-10-27 Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

Research, not advice.

À propos

Adaptive Biotechnologies Corporation

Nom
Adaptive Biotechnologies Corporation
Secteur
Healthcare
Industrie
Biotechnology
Bourse
NASDAQ
Capitalisation
$4.0B
Employés
624
PDG
Chad Robins
Site web
https://www.adaptivebiotech.com
Marché
—

Adaptive Biotechnologies Corporation, founded in 2009 and headquartered in Seattle, Washington (operating as Adaptive TCR Corporation until its name change in December 2011), is a commercial-stage entity focused on pioneering an immune medicine platform. This advanced platform is engineered for the precise diagnosis and effective treatment of a broad spectrum of illnesses. The company offers several core technological solutions. Its immunoSEQ platform, a foundational immunosequencing product, is vital for translational research and discovering novel prognostic and diagnostic markers. For confirming past COVID-19 infections, Adaptive provides T-Detect COVID. Additionally, clonoSEQ functions as a critical clinical diagnostic tool, enabling the detection and continuous monitoring of minimal residual disease in individuals with multiple myeloma, B-cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia; it is also available as a CLIA-validated laboratory-developed test for other lymphoid cancers. Another specialized offering, immunoSEQ T-MAP COVID, aids vaccine developers and researchers in quantifying T-cell immune responses to vaccines. Beyond its current product lineup, Adaptive Biotechnologies actively develops a pipeline of clinical products and services designed for the diagnosis, monitoring, and treatment of conditions such as cancer, autoimmune disorders, and infectious diseases. Its solutions cater to life science research, clinical diagnostics, and drug discovery applications. The company has established key strategic collaborations: one with Genentech, Inc., for the joint development, manufacturing, and commercialization of neoantigen-directed T-cell therapies aimed at treating various cancers; and another with Microsoft Corporation, dedicated to creating sophisticated diagnostic tests capable of identifying multiple diseases early from a single blood sample.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

VENTE TOTALE: 764 969 titres (~19 024 608,06 $ US)

Insiders
OWEN KATEY EINTERZHERSHBERG ROBERTROBINS CHAD MNEUPERT PETER M
Total bought
—

Avg buy (VWAP, 90d window) —

Total sold
$6,403,686

Avg sell (VWAP, 90d window) $26.14 vs last close $26.27 (+0.5%)

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

$3,509,619 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.

Last activity
2026-08-26
Liquidity
Liquid $53,847,828/day · 20d vol
Last synced
2026-10-27 02:52:58 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date Person Side Shares Price Value Form 4
2026-10-21 RUBINSTEIN JULIE Sell · S 5,882 $25.57 $150,403 Form 4
2026-10-20 RUBINSTEIN JULIE Sell · S 100 $24.85 $2,485 Form 4
2026-10-19 RUBINSTEIN JULIE Sell · S 11,881 $24.05 $285,738 Form 4
2026-10-16 RUBINSTEIN JULIE Sell · S · 10b5-1 300 $25.45 $7,635 Form 4
2026-10-15 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $25.61 $304,272 Form 4
2026-10-14 RUBINSTEIN JULIE Sell · S · 10b5-1 5,100 $25.82 $131,682 Form 4
2026-10-13 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $25.50 $302,966 Form 4
2026-10-12 RUBINSTEIN JULIE Sell · S · 10b5-1 2,700 $26.07 $70,389 Form 4
2026-10-09 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $26.41 $313,777 Form 4
2026-10-08 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $25.66 $304,866 Form 4
2026-10-07 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $26.40 $313,658 Form 4
2026-10-06 BOBULSKY SUSAN Sell · S · 10b5-1 6,444 $30.00 $193,320 Form 4
2026-10-06 RUBINSTEIN JULIE Sell · S · 10b5-1 499 $30.53 $15,234 Form 4
2026-10-05 RUBINSTEIN JULIE Sell · S · 10b5-1 5,182 $29.67 $153,750 Form 4
2026-10-02 RUBINSTEIN JULIE Sell · S · 10b5-1 11,881 $28.13 $334,213 Form 4
2026-10-01 LO FRANCIS Sell · S · 10b5-1 18,698 $28.61 $534,950 Form 4
2026-10-01 RUBINSTEIN JULIE Sell · S · 10b5-1 5,800 $28.56 $165,648 Form 4
2026-09-16 LO FRANCIS Sell · S · 10b5-1 7,869 $28.57 $224,817 Form 4
2026-09-15 BOBULSKY SUSAN Sell · S · 10b5-1 1,195 $27.00 $32,265 Form 4
2026-08-26 OWEN KATEY EINTERZ Sell · S 9,615 $26.00 $249,990 Form 4
2026-08-18 HERSHBERG ROBERT Sell · S 15,664 $24.41 $382,358 Form 4
2026-08-18 ROBINS CHAD M Sell · S 204 $25.14 $5,129 Form 4
2026-08-17 NEUPERT PETER M Sell · S 69,690 $25.16 $1,753,400 Form 4
2026-08-17 ROBINS CHAD M Sell · S 2,525 $25.57 $64,564 Form 4
2026-08-10 BOBULSKY SUSAN Sell · S · 10b5-1 3,000 $25.00 $75,000 Form 4
2026-07-30 BOBULSKY SUSAN Sell · S · 10b5-1 1,299 $24.00 $31,176 Form 4

Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Recent trades

DateRepresentativeTypeAmount
2022-02-14Ro KhannaPurchase$1,001 - $15,000

Signal

Bearish signalScored 2026-10-27 Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

ADPT combines a weak catalyst score (20) driven by heavy insider selling ($19M+, zero buys) with fragile fundamentals — persistent negative operating cash flow, high leverage (D/E 1.28), and negative interest coverage…

The first sentence of the analysis written for ADPT on 2026-10-27 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Bearish signal Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
  • Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
  • Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
  • Timing Supports a bullish reading. Interesting trend — weekly bias up
  • Financial indicators Unavailable or mixed. Current ratio 3.34 · operating margin -21% — readings disagree

Suggested stop 22.85, nearest stored support minus 0.5 ATR(13.0% under the last close). Reward/risk to the next stored resistance is 1.08. Wait — that reward/risk is under 2. Research, not advice. Not an order.

Recent news

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin74.2%59.7%55.6%68.7%68.1%
Ebit Margin-17.2%-82.7%-124.2%-105.8%-134.3%
Ebitda Margin-10.8%-71.9%-111.2%-94.6%-125.3%
Operating Profit Margin-20.6%-90.8%-133.3%-108.0%-135.4%
Pretax Profit Margin-21.5%-89.2%-132.3%-108.1%-134.3%
Continuous Operations Profit Margin-21.5%-89.2%-132.3%-108.1%-134.3%
Net Profit Margin-21.5%-89.1%-132.3%-108.0%-134.3%
Bottom Line Profit Margin-21.5%-89.1%-132.3%-108.0%-134.3%
Current Ratio3.3392.8944.6605.1203.539
Quick Ratio3.2292.8084.4964.9893.370
Solvency Ratio-0.145-0.416-0.575-0.457-0.606
Cash Ratio0.7840.4890.7390.8201.222
Price To Earnings Ratio-41.641-5.556-3.141-7.640-19.219
Price To Earnings Growth Ratio0.6520.181-0.0560.242-0.509
Forward Price To Earnings Growth Ratio0.6520.181-0.0560.242-0.509
Price To Earnings Diluted Ratio-41.641-5.556-3.141-7.640-19.219
Price To Earnings Diluted Growth Ratio0.6520.181-0.0560.242-0.509
Price To Book Ratio11.2624.3542.2942.3466.521
Price To Sales Ratio8.8964.9324.1555.87625.517
Price To Free Cash Flow Ratio-50.341-8.926-4.236-5.436-15.477
Price To Operating Cash Flow Ratio-53.581-9.270-4.526-5.919-20.435
Debt To Assets Ratio0.5470.1660.1490.1260.121
Debt To Equity Ratio1.2820.4410.3200.2330.185
Debt To Capital Ratio0.5620.3060.2430.1890.156
Long Term Debt To Capital Ratio0.4740.0000.0000.0000.000
Financial Leverage Ratio2.3432.6612.1441.8461.529
Working Capital Turnover Ratio1.3990.7050.4400.5000.339
Operating Cash Flow Ratio-0.511-0.971-1.776-1.675-1.693
Operating Cash Flow Sales Ratio-0.166-0.532-0.918-0.993-1.249
Free Cash Flow Operating Cash Flow Ratio1.0641.0381.0681.0891.320
Debt Service Coverage Ratio-1.178-11.119-13.715-41.3430.000
Interest Coverage Ratio-4.850-14.037-16.452-47.2360.000
Short Term Operating Cash Flow Coverage Ratio-3.3910.0000.0000.0000.000
Operating Cash Flow Coverage Ratio-0.164-1.065-1.583-1.703-1.725
Capital Expenditure Coverage Ratio-15.541-25.986-14.614-11.251-3.121
Dividend Paid And Capex Coverage Ratio-15.541-25.986-14.614-11.251-3.121
Dividend Payout Ratio0.0000.0000.0000.0000.000
Enterprise Value Multiple-89.595-7.177-3.916-6.317-20.228

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 74.2% ▲14.5% ▲9.0%
Ebit Margin -17.2% ▲65.5% ▲75.6%
Ebitda Margin -10.8% ▲61.2% ▲72.0%
Operating Profit Margin -20.6% ▲70.2% ▲77.0%
Pretax Profit Margin -21.5% ▲67.7% ▲75.6%
Continuous Operations Profit Margin -21.5% ▲67.7% ▲75.6%
Net Profit Margin -21.5% ▲67.6% ▲75.6%
Bottom Line Profit Margin -21.5% ▲67.6% ▲75.6%
Current Ratio 3.338 ▲0.445 ▼-0.572
Quick Ratio 3.229 ▲0.421 ▼-0.549
Solvency Ratio -0.145 ▲0.272 ▲0.295
Cash Ratio 0.784 ▲0.295 ▼-0.027
Price To Earnings Ratio -41.641 ▼-36.086 ▼-26.202
Price To Earnings Growth Ratio 0.652 ▲0.471 ▲0.550
Forward Price To Earnings Growth Ratio 0.652 ▲0.471 ▲0.550
Price To Earnings Diluted Ratio -41.641 ▼-36.086 ▼-26.202
Price To Earnings Diluted Growth Ratio 0.652 ▲0.471 ▲0.550
Price To Book Ratio 11.262 ▲6.907 ▲5.906
Price To Sales Ratio 8.896 ▲3.964 ▼-0.979
Price To Free Cash Flow Ratio -50.342 ▼-41.415 ▼-33.458
Price To Operating Cash Flow Ratio -53.581 ▼-44.311 ▼-34.835
Debt To Assets Ratio 0.547 ▲0.382 ▲0.325
Debt To Equity Ratio 1.282 ▲0.842 ▲0.790
Debt To Capital Ratio 0.562 ▲0.256 ▲0.271
Long Term Debt To Capital Ratio 0.473 ▲0.473 ▲0.379
Financial Leverage Ratio 2.344 ▼-0.317 ▲0.239
Working Capital Turnover Ratio 1.399 ▲0.694 ▲0.723
Operating Cash Flow Ratio -0.511 ▲0.460 ▲0.814
Operating Cash Flow Sales Ratio -0.166 ▲0.366 ▲0.606
Free Cash Flow Operating Cash Flow Ratio 1.064 ▲0.026 ▼-0.052
Debt Service Coverage Ratio -1.178 ▲9.941 ▲12.293
Interest Coverage Ratio -4.850 ▲9.187 ▲11.665
Short Term Operating Cash Flow Coverage Ratio -3.391 ▼-3.391 ▼-2.713
Operating Cash Flow Coverage Ratio -0.164 ▲0.901 ▲1.084
Capital Expenditure Coverage Ratio -15.541 ▲10.445 ▼-1.438
Dividend Paid And Capex Coverage Ratio -15.541 ▲10.445 ▼-1.438
Dividend Payout Ratio 0.000 0.000 0.000
Enterprise Value Multiple -89.595 ▼-82.418 ▼-64.148

Key metrics

MetricTrend20252024202320222021
Market cap$2.46B$882.6M$707.5M$1.09B$3.94B
Enterprise value$2.67B$924.1M$741.2M$1.11B$3.91B
EV / Sales9.65x5.16x4.35x5.97x25.34x
EV / Op. cash flow-58.15x-9.71x-4.74x-6.02x-20.29x
EV / Free cash flow-54.63x-9.35x-4.44x-5.53x-15.37x
EV / EBITDA-89.59x-7.18x-3.92x-6.32x-20.23x
Net debt / EBITDA-7.04x-0.32x-0.18x-0.10x0.14x
Current ratio3.34x2.89x4.66x5.12x3.54x
Income quality0.77x0.60x0.69x0.92x0.93x
Graham net-net-$0-$1$0$1$0
Tax burden100.1%99.9%100.0%99.9%100.0%
Interest burden124.7%107.8%106.5%102.2%100.0%
Working capital$210.3M$185.7M$322.2M$452.4M$288.9M
Invested capital$405.7M$402.5M$566.6M$742.4M$589.4M
Return on assets-11.6%-29.6%-34.1%-23.4%-22.4%
Operating ROA-10.9%-27.1%-29.9%-22.5%-20.5%
Return on tangible assets-15.2%-38.2%-41.9%-27.4%-26.0%
Return on equity-27.2%-78.7%-73.0%-43.1%-34.3%
Return on invested capital-13.1%-36.0%-39.0%-26.5%-25.7%
Return on capital employed-13.5%-36.8%-39.6%-26.8%-25.8%
Earnings yield-2.4%-18.1%-31.8%-18.4%-5.3%
Free cash flow yield-2.0%-11.2%-23.6%-18.4%-6.5%
Capex / Op. cash flow-6.4%-3.8%-6.8%-8.9%-32.0%
Capex / Depreciation16.6%19.0%48.1%78.2%442.5%
Capex / Sales1.1%2.0%6.3%8.8%40.0%
SG&A / Sales60.4%88.0%101.3%99.4%110.1%
R&D / Sales33.9%57.5%71.7%76.5%92.2%
Stock comp / Sales18.6%30.0%0.0%0.0%0.0%
Intangibles / Total assets23.5%22.7%18.8%14.7%13.8%
Days sales outstanding66d85d81d79d41d
Days payables outstanding33d37d37d51d24d
Operating cycle117d128d151d170d184d
Cash conversion cycle84d91d114d119d159d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▲+179.2%EV / Sales ▲+87.0%EV / EBITDA ▼-1148.4%EV / Op. cash flow ▼-48.444Earnings yield ▲+0.157
Profitability
Return on equity ▲+0.515Return on assets ▲+0.180Return on invested capital ▲+0.229Return on capital employed ▲+0.233Operating ROA ▲+0.162Income quality ▲+0.176Tax burden ▲+0.001
Efficiency
Days sales outstanding ▼-18.743Days payables outstanding ▼-3.710Operating cycle ▼-11.253Cash conversion cycle ▼-7.543Capex / Sales ▼-0.010R&D / Sales ▼-0.237
Balance-sheet strength
Current ratio ▲+0.445Net debt / EBITDA ▼-6.717Working capital ▲+24571000.000Invested capital ▲+3212000.000Intangibles / Total assets ▲+0.008

Change over 5 years

Valuation
Market cap ▼-37.4%EV / Sales ▼-61.9%EV / EBITDA ▼-342.9%EV / Op. cash flow ▼-37.856Earnings yield ▲+0.028
Profitability
Return on equity ▲+0.071Return on assets ▲+0.108Return on invested capital ▲+0.126Return on capital employed ▲+0.123Operating ROA ▲+0.096Income quality ▼-0.157Tax burden ▲+0.001
Efficiency
Days sales outstanding ▲+25.202Days payables outstanding ▲+8.595Operating cycle ▼-67.183Cash conversion cycle ▼-75.778Capex / Sales ▼-0.389R&D / Sales ▼-0.584
Balance-sheet strength
Current ratio ▼-0.200Net debt / EBITDA ▼-7.180Working capital ▼-78671000.000Invested capital ▼-183688000.000Intangibles / Total assets ▲+0.097

Employee count

Peer market caps