NASDAQ · INO

Inovio Pharmaceuticals, Inc.

Closing price · Nov 13, 2026 $1.43

Latest quarter · ended Sep 30, 2026

Sales slipped and cash got weaker

descriptionFiled Nov 10, 2026
Revenue growthShrinking
−100.0%
Quarter ended Dec 31, 2024: +14.0% sales vs. a year beforeQuarter ended Jun 30, 2025: −100.0% sales vs. a year beforeQuarter ended Dec 31, 2025: −100.0% sales vs. a year beforeQuarter ended Mar 31, 2026: −100.0% sales vs. a year before
Dec '24Mar '26
$299K vs. $0 a year ago
Cash from operationsBetter
−$15.3M
Quarter ended Dec 31, 2024: −$19.7M cash from operationsQuarter ended Mar 31, 2025: −$26.9M cash from operationsQuarter ended Jun 30, 2025: −$20.8M cash from operationsQuarter ended Sep 30, 2025: −$21.6M cash from operationsQuarter ended Dec 31, 2025: −$19.4M cash from operationsQuarter ended Mar 31, 2026: −$21.6M cash from operationsQuarter ended Jun 30, 2026: −$18M cash from operationsQuarter ended Sep 30, 2026: −$15.3M cash from operations
Dec '24Sep '26
vs. −$21.6M a year ago
Share countDiluting
+249.6%
Quarter ended Dec 31, 2024: 36.67M sharesQuarter ended Mar 31, 2025: 36.67M sharesQuarter ended Jun 30, 2025: 53.14M sharesQuarter ended Sep 30, 2025: 53.57M sharesQuarter ended Dec 31, 2025: 69.09M sharesQuarter ended Mar 31, 2026: 82.27M sharesQuarter ended Jun 30, 2026: 103.4M sharesQuarter ended Sep 30, 2026: 187.31M shares
Dec '24Sep '26
187.31M shares vs. 53.57M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 +50
  • account_balance
    2 funds bought, 0 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

108 funds report owning INO, up from 102

Holdings as of Jun 30, 2026
New26
Added26
Held42
Trimmed14
Sold out20

Last quarter

Who bought and who sold

Apr–Jun 2026
Boxer Capital Management, LLC
+20%
Adar1 Capital Management, LLC
+46%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

No open-market buys or sales by officers or directors in the last 12 months. Hidden: 13 tax withholdings, 14 option exercises. Press All filings to see them.

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Feb 26 · $16.1K · 2 peopleOption exercise · Feb 26 · 28,936 sh · 2 peopleShares withheld for tax · Feb 26 · $16.6KOption exercise · Feb 26 · 15,644 shShares withheld for tax · Feb 26 · $38.9KOption exercise · Feb 26 · 47,033 shOption exercise · Feb 26 · 972 shOption exercise · Mar 31 · 4,292 shShares withheld for tax · Mar 31 · $2.13KOption exercise · May 15 · 7,156 sh · 2 peopleShares withheld for tax · May 15 · $3.11K · 2 peopleShares withheld for tax · May 15 · $3.34KOption exercise · May 15 · 4,771 shOption exercise · May 15 · 17,744 shShares withheld for tax · May 15 · $10KOption exercise · May 20 · 15,477 sh · 2 peopleShares withheld for tax · May 20 · $5.97K · 2 peopleShares withheld for tax · May 20 · $5.77KOption exercise · May 20 · 8,700 shShares withheld for tax · May 20 · $15.1KOption exercise · May 20 · 28,296 sh
CEOCFOOther officersDirectorsJunJulAugSepOctNov

Last 6 months. A wider screen shows 12.

Showing 0 real trades. Hidden: 13 tax withholdings, 14 option exercises. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in INO

As of Jun 30, 2026
FundOwnsValueChange
FMR LLC4.5%$9.3M−9%
Jupiter Topco LLC2.8%$5.71MNew
Vanguard Capital Management LLC1.9%$4.02M+26%
Boxer Capital Management, LLC1.5%$3.13M+20%
Adar1 Capital Management, LLC1.1%$2.36M+46%

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast