Zenas BioPharma (ZBIO) Insider Trades, Congress & Funds

Smart money at a glance

Filings to Nov 14, 2026

No insider open-market trades in 90 days (SEC Form 4). Congress: no trades disclosed in 180 days.

Company insidersForm 4, 90 days: $0
CongressSTOCK Act, 180 days: None
Big funds13F, quarter ended Jun 30, 2026: 1 added, 0 cut
Federal contractsUSAspending.gov, 12 months: No awards

Analysts

What do analysts expect?

Analyst target and ratings are on paid plans

Unlock the full results

Questions about ZBIO filings

Are insiders buying or selling Zenas BioPharma, Inc. Common Stock (ZBIO) stock?

Neither. Zenas BioPharma, Inc. Common Stock (ZBIO) insiders filed no open-market purchases or sales in the 90 days to Nov 14, 2026, according to SEC Form 4 filings.

Which members of Congress have traded ZBIO recently?

None. No member of Congress disclosed a ZBIO trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this ZBIO smart-money data?

This summary uses filings available on Nov 14, 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.

Filings could not be loaded.

19 funds hold a position and insiders have been net buying.

Questions about ZBIO filings

Are insiders buying or selling Zenas BioPharma, Inc. Common Stock (ZBIO) stock?

Neither. Zenas BioPharma, Inc. Common Stock (ZBIO) insiders filed no open-market purchases or sales in the 90 days to Nov 14, 2026, according to SEC Form 4 filings.

Which members of Congress have traded ZBIO recently?

None. No member of Congress disclosed a ZBIO trade with a trade date in the last 180 days, according to House and Senate STOCK Act filings.

How current is this ZBIO smart-money data?

Funds

What funds are doing

1 move · 6 mo

Buys/Adds$23.7M

Buys/Adds (1)

BO
Bank of America
Q2 2026 13F
$23.7M
added
Signals like this: n=13773, 53% finished lower at D15, median -0.4% vs SPY -0.4%

Other smart money signals

Activist stakes, short interest & more

1 item

SI
Short Interest ChangeLight
short-volume tape softening: latest 58.9% fell 6.6pp vs 20d avg 65.5%

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Reported Nov 5, 2026

Earnings came in 3.1% above what analysts expected.

Documents

Quarterly report10-Q Annual report10-K Every filing

Last report

Nov 5, 2026

Period ending

Sep 30, 2026

Earnings per share

-$1.23+3.08% beat

-$1.27 expected

Revenue

$10.0M

SEC filing

EPS: Yahoo Finance

Next report

What the street expects next

Previous reports

Quarter / reported	Earnings per share	Beat or miss	Revenue / income	Revenue vs last year
Sep 30, 2026Reported Nov 5, 2026	-$1.23est. -$1.27	+3.08%beat	$10.0MSEC filing	No year-ago quarter
Jun 30, 2026Reported Aug 13, 2026	-$1.77est. -$0.76	-134.44%miss	$1.0MSEC filing	No year-ago quarter
Mar 31, 2026Reported May 13, 2026	-$1.46est. -$1.54	+5.19%beat	$0.00Alpha Vantage	-100.0%from $10.0M
Dec 31, 2025Reported Mar 16, 2026	-$1.39est. -$1.19	-16.80%miss	$10.0MAlpha Vantage	+100.0%from $5.0M
Sep 30, 2025Reported Nov 12, 2025	-$1.22est. -$0.85	-43.53%miss	$0.00SEC filing	No year-ago quarter
Jun 30, 2025Reported Aug 12, 2025	-$1.25est. -$1.06	-17.92%miss	$0.00SEC filing	No year-ago quarter
Mar 31, 2025Reported May 15, 2025	-$0.80est. -$1.15	+30.43%beat	$10.0MSEC filing	No year-ago quarter
Dec 31, 2024Reported Mar 25, 2025	-$1.26est. -$1.02	-23.69%miss	$5.0MAlpha Vantage	No year-ago quarter

Earnings per share comes from Yahoo Finance where available, then Alpha Vantage or the company release. Revenue comes from company releases, SEC filings, Alpha Vantage or Yahoo Finance. A beat or miss needs an analyst estimate on the same basis as the reported figure, so quarters without one show none. Non-USD amounts carry their currency code.

Open: $28.18
High: $28.75
Low: $27.42
Prev close: $28.70
52-wk high: $44.60
52-wk low: $13.50
Mkt cap: $1.95B
ROE: -265.1%
Beta: -0.86
P/S: 92.7x
P/B: 9.2x
Profit margin: -2580.0%
Op margin: -2506.7%

Dec 2025 to Sep 2026

What it sold, what it cost, what was left.

RevenueProfit

Dec 2025Mar 2026Jun 2026Sep 2026

Income statement, 4 periods, all values in US dollars
USD	Dec 2025	Mar 2026	Jun 2026	Sep 2026
What came in
RevenueTotal revenue	$10.0M	$0	$1.0M	$10.0M
Cost of what it soldCost of revenue	$55.7M	$6.0K	—	$27.5M
Gross profit	-$55.7M	-$6.0K	$1.0M	-$17.5M
What it spent
Research and development	$222.4M	$60.4M	$62.9M	$58.5M
Sales and adminSelling, general and administrative	$17.1M	$16.9M	$15.7M	$27.4M
Other operating costsOperating costs not itemised in the filing's summary	-$57.2M	—	$30.0M	—
Total operating expenses	$182.3M	$77.3M	$108.7M	$85.9M
What was left
Operating profitOperating income	-$238.0M	-$77.3M	-$107.7M	-$103.4M
Interest on debtInterest expense	—	$6.6M	$10.3M	$11.2M
Profit before tax	-$240.3M	-$81.0M	-$111.3M	-$108.9M
TaxIncome tax expense	$106.0K	—	$114.0K	$49.0K
Net profitNet income	-$240.4M	-$81.0M	-$111.5M	-$108.9M
EBITDAEarnings before interest, tax, depreciation, amortisation	-$230.4M	-$74.3M	-$101.0M	-$97.7M

Technicals

Price structure

This stock is trending upward.

Trend

Constructive

60 / 100

RSI 14

54balanced

20D volatility

66%annualized

52-week range

$27.64

$13.50$44.60

20D support

$24.51recent floor

20D resistance

$30.02recent ceiling

Returns

5D +6.6%20D +8.8%60D -11.6%

Price vs moving averages

SMA20 -0.5%SMA50 -3.6%SMA200 +9.2%

Volume pace

0.71xvs prior 20D

Quarter / reported

Earnings per share

Beat or miss

Revenue / income

Revenue vs last year

Sep 30, 2026Nov 5, 2026

-$1.23est. -$1.27

+3.08%

$10.0MSEC filing

No year-ago quarter

Jun 30, 2026Aug 13, 2026

-$1.77est. -$0.76

-134.44%

$1.0MSEC filing

No year-ago quarter

Mar 31, 2026May 13, 2026

-$1.46est. -$1.54

+5.19%

$0.00Alpha Vantage

-100.0%from $10.0M

Dec 31, 2025Mar 16, 2026

-$1.39est. -$1.19

-16.80%

$10.0MAlpha Vantage

+100.0%from $5.0M

Sep 30, 2025Nov 12, 2025

-$1.22est. -$0.85

-43.53%

$0.00SEC filing

No year-ago quarter

Jun 30, 2025Aug 12, 2025

-$1.25est. -$1.06

-17.92%

$0.00SEC filing

No year-ago quarter

Mar 31, 2025May 15, 2025

-$0.80est. -$1.15

+30.43%

$10.0MSEC filing

No year-ago quarter

Dec 31, 2024Mar 25, 2025

-$1.26est. -$1.02

-23.69%

$5.0MAlpha Vantage

No year-ago quarter

Income statement, 4 periods, all values in US dollars
USD	Dec 2025	Mar 2026	Jun 2026	Sep 2026
What came in
RevenueTotal revenue	$10.0M	$0	$1.0M	$10.0M
Cost of what it soldCost of revenue	$55.7M	$6.0K	—	$27.5M
Gross profit	-$55.7M	-$6.0K	$1.0M	-$17.5M
What it spent
Research and development	$222.4M	$60.4M	$62.9M	$58.5M
Sales and adminSelling, general and administrative	$17.1M	$16.9M	$15.7M	$27.4M
Other operating costsOperating costs not itemised in the filing's summary	-$57.2M	—	$30.0M	—
Total operating expenses	$182.3M	$77.3M	$108.7M	$85.9M
What was left
Operating profitOperating income	-$238.0M	-$77.3M	-$107.7M	-$103.4M
Interest on debtInterest expense	—	$6.6M	$10.3M	$11.2M
Profit before tax	-$240.3M	-$81.0M	-$111.3M	-$108.9M
TaxIncome tax expense	$106.0K	—	$114.0K	$49.0K
Net profitNet income	-$240.4M	-$81.0M	-$111.5M	-$108.9M
EBITDAEarnings before interest, tax, depreciation, amortisation	-$230.4M	-$74.3M	-$101.0M	-$97.7M

USD

Dec 2025

Mar 2026

Jun 2026

Sep 2026

What came in

RevenueTotal revenue

$10.0M

$1.0M

$10.0M

Cost of what it soldCost of revenue

$55.7M

$6.0K

—

$27.5M

Gross profit

-$55.7M

-$6.0K

$1.0M

-$17.5M

What it spent

Research and development

$222.4M

$60.4M

$62.9M

$58.5M

Sales and adminSelling, general and administrative

$17.1M

$16.9M

$15.7M

$27.4M

Other operating costsOperating costs not itemised in the filing's summary

-$57.2M

—

$30.0M

—

Total operating expenses

$182.3M

$77.3M

$108.7M

$85.9M

What was left

Operating profitOperating income

-$238.0M

-$77.3M

-$107.7M

-$103.4M

Interest on debtInterest expense

—

$6.6M

$10.3M

$11.2M

Profit before tax

-$240.3M

-$81.0M

-$111.3M

-$108.9M

TaxIncome tax expense

$106.0K

—

$114.0K

$49.0K

Net profitNet income

-$240.4M

-$81.0M

-$111.5M

-$108.9M

EBITDAEarnings before interest, tax, depreciation, amortisation

-$230.4M

-$74.3M

-$101.0M

-$97.7M

Zenas BioPharma, Inc. Common Stock

Smart money at a glance

What do analysts expect?

Questions about ZBIO filings

Questions about ZBIO filings

What funds are doing

What insiders are doing

How top traders are positioned

Activist stakes, short interest & more

Unlock everything for $29/month

Earnings came in 3.1% above what analysts expected.

What the street expects next

Previous reports

What it sold, what it cost, what was left.

Price structure

Ask it in Claude or ChatGPT.

Zenas BioPharma, Inc. Common Stock

Smart money at a glance

What do analysts expect?

Questions about ZBIO filings

Questions about ZBIO filings

What funds are doing

What insiders are doing

How top traders are positioned

Activist stakes, short interest & more

Unlock everything for $29/month

Earnings came in 3.1% above what analysts expected.

What the street expects next

Previous reports

What it sold, what it cost, what was left.

Price structure

Ask it in Claude or ChatGPT.

Zenas BioPharma, Inc. Common Stock

Overview

Questions about ZBIO filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

Ask it in Claude or ChatGPT.

Zenas BioPharma, Inc. Common Stock

Overview

Questions about ZBIO filings

Smart money

Unlock everything for $29/month

Earnings

Previous reports

Financials

Technicals

Ask it in Claude or ChatGPT.