Overview
Smart money at a glance
Filings to Oct 7, 2026Net selling: insiders sold $5.2M and bought $0 on the open market in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.
- Company insidersSEC Form 4, last 90 days
- -$5.2M netNet selling
- CongressSTOCK Act, last 180 days
- NoneNo trades disclosed
- Big fundsSEC 13F, quarter ended Jun 30, 2026
- 1 added, 0 cutMore adding
- Federal contractsUSAspending.gov, last 12 months
- No awardsNone on record
Market overview
Fundamentals Oct 7- Open
- $74.48
- 52-wk high
- $91.53
- High
- $75.26
- 52-wk low
- $53.89
- Low
- $72.94
- Prev close
- $74.46
- Mkt cap
- $3.48B
- Volume
- 427.6K
- Fwd P/E
- 68.0x
- Beta
- 0.45
- P/S
- 5.8x
- P/B
- 10.0x
- Profit margin
- -7.7%
- Op margin
- -11.5%
- ROE
- -13.7%
What do analysts expect?
Analyst target and ratings are on paid plans
See the 12-month consensus target and the buy/hold/sell rating split.
Unlock the full resultsQuestions about TARS filings
Are insiders buying or selling Tarsus Pharmaceuticals Inc (TARS) stock?
Net selling: insiders sold $5.2M and bought $0 of TARS stock on the open market in the 90 days to Oct 7, 2026, according to SEC Form 4 filings. $5.2M of the sales were made under pre-set Rule 10b5-1 trading plans. The largest was Lin, Elizabeth Yeu (Chief Medical Officer), who sold $2.1M. The latest filing was on Sep 17, 2026.
Which members of Congress have traded TARS recently?
None. No member of Congress disclosed a TARS trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.
How current is this TARS smart-money data?
This summary uses filings available on Oct 7, 2026. Insiders must report trades to the SEC within 2 business days, members of Congress have up to 45 days to disclose a trade, and funds file 13F holdings up to 45 days after each quarter ends, so the latest moves may not be public yet.
Smart money
8 funds hold a position and insiders have been net selling.
What funds are doing
Buys/Adds (3)
- MI

Millennium
$50.2M
added
- MI

Millennium
$30.0M
added
- BO

Bank of America
$21.7M
added
What insiders are doing
How top traders are positioned
No tracked top-trader positions in TARS right now.
Live Hyperliquid positioning - not every stock is covered
Earnings
Earnings came in 104.8% below what analysts expected.
Last report
Aug 6, 2026
Period ending
Jun 30, 2026
Earnings per share
-$0.21 expected
Revenue
No reported revenue on record
Previous reports
All values in USD| Period ending | Reported | EPS / estimate | EPS surprise | Revenue / estimate | Rev. surprise |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 6, 2026 | -$0.43 / -$0.21Alpha Vantage | -104.76% miss | Unavailable | Unavailable |
| Mar 31, 2026 | May 6, 2026 | -$0.16 / -$0.42Alpha Vantage | +61.90% beat | Unavailable | Unavailable |
| Dec 31, 2025 | Feb 23, 2026 | -$0.20 / -$0.08Alpha Vantage | -$0.12 miss | Unavailable | Unavailable |
| Sep 30, 2025 | Nov 4, 2025 | -$0.30 / -$0.33Alpha Vantage | +9.09% beat | Unavailable | Unavailable |
| Jun 30, 2025 | Aug 6, 2025 | -$0.48 / -$0.36Alpha Vantage | -33.33% miss | Unavailable | Unavailable |
| Mar 31, 2025 | May 1, 2025 | -$0.64 / -$0.63Alpha Vantage | -1.59% miss | Unavailable | Unavailable |
| Dec 31, 2024 | Feb 25, 2025 | -$0.60 / -$0.82Alpha Vantage | +26.44% beat | Unavailable | Unavailable |
| Sep 30, 2024 | Nov 13, 2024 | -$0.61 / -$1.00Alpha Vantage | +39.00% beat | Unavailable | Unavailable |
EPS uses Yahoo Finance where available, then Alpha Vantage or verified release comparisons. Revenue uses company releases and saved estimates.
Reports Nov 3, 2026, in 27 days
Financials
What it sold, what it cost, what was left.
| USD | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| What came in | ||||
| Revenue | $118.7M | $151.7M | $162.1M | $173.9M |
| Cost of what it sold | $24.6M | $10.9M | $9.4M | $12.1M |
| Gross profit | $94.1M | $140.7M | $152.7M | $161.8M |
| What it spent | ||||
| Research and development | $16.3M | $18.0M | $22.4M | $31.0M |
| Sales and admin | $108.6M | $130.7M | $136.4M | $150.7M |
| Other operating costs | -$16.3M | — | — | — |
| Total operating expenses | $108.6M | $148.7M | $158.8M | $181.7M |
| What was left | ||||
| Operating profit | -$14.5M | -$8.0M | -$6.1M | -$19.9M |
| Interest on debt | $2.1M | $2.2M | $2.1M | $2.2M |
| Profit before tax | -$12.6M | -$6.3M | -$9.3M | -$15.8M |
| Tax | — | $2.1M | -$2.4M | $2.7M |
| Net profit | -$12.6M | -$8.4M | -$7.0M | -$18.6M |
| EBITDA | -$12.1M | -$3.7M | -$6.8M | -$12.7M |
Technicals
Price structure
This stock's price action is mixed.
Trend
Mixed
45 / 100
RSI 14
20D volatility
52-week range
20D support
20D resistance
Returns
Price vs moving averages
Volume pace
News
What the news says
Coverage is bullish
Oppenheimer Maintains Tarsus Pharmaceuticals(TARS.US) With Buy Rating, Maintains Target Price $100
BullishOct 3Tarsus Pharmaceuticals, Inc. (TARS) stock price, news, quote and history
Leans bullishOct 1Tarsus Pharmaceuticals, Inc. (TARS) Stock Price, News, Quote & History
NeutralSep 30