TVTX

Travere Therapeutics Inc

TVTX.US travere.com
67.51
+1.29 (+1.95%)
USD · NASDAQ
52-week range
22.06
68.59
Trading at 98% of the 52-week range
Market Cap
6.24B
P/E Ratio
0.00
Forward P/E
44.05
Book Value
1.07
Div. Yield
N/A
% Institutions
115.15%
% Insiders
0.784%

1 Year

+147.2%

3 Year

+386.4%

10 Year

+191.1%
Description

Travere Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States. The company's products include FILSPARI (sparsentan), a once-daily, oral medication designed to target two critical pathways in the disease progression of IgA Nephropathy (endothelin 1 and angiotensin-II); and Thiola and Thiola EC (tiopronin tablets) for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones. Its clinical-stage programs consist of Sparsentan, a novel investigational product candidate, which has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerosis in the U.S. and Europe; and Pegtibatinase, a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria. It has a collaboration agreement with PharmaKrysto Limited for the pre-clinical activities associated with the cystinuria program. Travere Therapeutics, Inc. was formerly known as Retrophin, Inc. and changed its name to Travere Therapeutics, Inc. in November 2020. The company is headquartered in San Diego, California.

Company Information

Company Name
Travere Therapeutics Inc
Sector
Healthcare
Industry
Biotechnology
Exchange
NASDAQ
ISIN: US89422G1076
CIK: 0001438533
CUSIP: 89422G107
Currency: USD
Full Time Employees: 497
Phone: 888 969 7879
Website: travere.com
Fiscal Year End: December
IPO Date: Nov 08, 2012
Description:

Travere Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States. The company's products include FILSPARI (sparsentan), a once-daily, oral medication designed to target two critical pathways in the disease progression of IgA Nephropathy (endothelin 1 and angiotensin-II); and Thiola and Thiola EC (tiopronin tablets) for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones. Its clinical-stage programs consist of Sparsentan, a novel investigational product candidate, which has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerosis in the U.S. and Europe; and Pegtibatinase, a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria. It has a collaboration agreement with PharmaKrysto Limited for the pre-clinical activities associated with the cystinuria program. Travere Therapeutics, Inc. was formerly known as Retrophin, Inc. and changed its name to Travere Therapeutics, Inc. in November 2020. The company is headquartered in San Diego, California.

Address:

3611 Valley Centre Drive, San Diego, CA, United States, 92130

People

Directors & Officers

Name Title Year Born
Dr. Eric M. Dube Ph.D. President, CEO & Director 1973
Mr. Christopher Cline C.F.A. Chief Financial Officer 1985
Dr. William E. Rote Ph.D. Chief Research Officer 1963
Mr. Peter Heerma Chief Commercial Officer 1971
Dr. Jula Inrig M.D. Executive VP, Head of Research & Development and Chief Medical Officer 1975
Ms. Sandra Calvin SVP & Chief Accounting Officer 1966
Ms. Nivi Nehra Vice President of Corporate Communications & Investor Relations NA
Ms. Elizabeth E. Reed J.D. Chief Legal Officer, General Counsel & Secretary 1971
Ms. Angela Giannantonio Chief People Officer NA
Mr. Casey Logan Chief Business Officer NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Apr 22, 2026 William E Rote N/A Sale 9.10K $39.09 $355.72K
Apr 15, 2026 Christopher R Cline N/A Sale 1.01K $42.61 $43.21K
Apr 15, 2026 Elizabeth E Reed N/A Sale 6.79K $41.83 $283.82K
Apr 15, 2026 Eric M Dube N/A Sale 64.00K $41.09 $2.63M
Apr 15, 2026 Jula Inrig N/A Sale 1.02K $42.61 $43.38K
Apr 14, 2026 Elizabeth E Reed N/A Sale 44.72K $41.21 $1.84M
Apr 14, 2026 Jula Inrig N/A Sale 7.22K $41.93 $302.52K
Apr 14, 2026 Christopher R Cline N/A Sale 7.25K $41.93 $303.91K
Apr 14, 2026 Sandra Calvin N/A Sale 21.98K $41.07 $902.60K
Apr 14, 2026 Gary A Lyons N/A Sale 8.00K $41.07 $328.56K
Apr 14, 2026 Peter Heerma N/A Sale 7.22K $41.93 $302.52K
Apr 14, 2026 Roy D Baynes N/A Sale 32.75K $41.29 $1.35M
Apr 13, 2026 Christopher R Cline N/A Sale 65.00 $28.85 $1.88K
Apr 06, 2026 Roy D Baynes N/A Sale 10.00K $33.00 $330.00K
Apr 01, 2026 Eric M Dube N/A Sale 60.00K $30.93 $1.86M
Apr 01, 2026 Elizabeth E Reed N/A Sale 10.00K $30.00 $300.00K
Mar 16, 2026 Elizabeth E Reed N/A Sale 10.00K $28.09 $280.90K
Feb 04, 2026 Jula Inrig N/A Sale 1.78K $32.21 $57.30K
Feb 04, 2026 Christopher R Cline N/A Sale 1.75K $32.19 $56.17K
Feb 04, 2026 Elizabeth E Reed N/A Sale 2.99K $32.18 $96.35K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
HHG PLC 11.42M Mar 31, 2026 12.11% $0.16 8.64%
FMR Inc 10.97M Mar 31, 2026 11.64% $0.02 14.04%
BlackRock Inc 7.79M Mar 31, 2026 8.27% $0.00 -0.98%
State Street Corp 4.96M Mar 31, 2026 5.26% $0.01 4.27%
Armistice Capital, LLC 4.90M Mar 31, 2026 5.20% $2.59 30.12%
Perceptive Advisors LLC 4.14M Mar 31, 2026 4.39% $2.41 -3.17%
Vanguard Capital Management, LLC 4.05M Mar 31, 2026 4.29% $0.00 0.00%
Delaware Management Holdings Inc 3.27M Mar 31, 2026 3.47% $0.17 -13.33%
Adage Capital Partners Gp LLC 2.57M Jun 30, 2026 2.73% $0.20 162.98%
Geode Capital Management, LLC 2.37M Mar 31, 2026 2.51% $0.00 10.55%
Rock Springs Capital Management LP 2.18M Jun 30, 2026 2.31% $6.04 47.44%
Kynam Capital Management, LP 2.00M Jun 30, 2026 2.12% $6.28 27.47%
Renaissance Technologies Corp 1.97M Mar 31, 2026 2.09% $0.09 -12.46%
Stephens Inv Mgmt Group LLC 1.88M Jun 30, 2026 1.99% $1.14 4.27%
The Goldman Sachs Group Inc 1.72M Mar 31, 2026 1.82% $0.01 -7.95%
Vanguard Portfolio Management, LLC 1.71M Mar 31, 2026 1.81% $0.00 0.00%
Emerald Advisers, LLC 1.60M Jun 30, 2026 1.70% $2.14 2.81%
Wellington Management Company LLP 1.53M Jun 30, 2026 1.63% $0.02 49.97%
Two Sigma Investments LLC 1.51M Mar 31, 2026 1.60% $0.04 30.38%
D. E. Shaw & Co LP 1.44M Jun 30, 2026 1.53% $0.04 72.19%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 2.96M 3.14% ▲ 0.33% Jul 31, 2026
2 iShares Russell 2000 ETF 2.28M 2.42% ▼ 0.57% Aug 31, 2026
3 State Street® SPDR® S&P® Biotech ETF 2.24M 2.38% ▼ 1.06% Aug 31, 2026
4 Nomura Small Cap Core I 1.78M 1.89% ▲ 0.00% Jul 31, 2026
5 Nomura US Small Cap Core Equity 1.78M 1.89% ▼ 16.05% Jun 30, 2026
6 Janus Henderson Global Life Sciences D 1.43M 1.51% ▼ 0.33% Apr 30, 2026
7 Janus Henderson Global Life Sciences 1.41M 1.50% ▼ 1.29% Jun 30, 2026
8 Vanguard Explorer Inv 1.36M 1.44% ▲ 8.07% Jun 30, 2026
9 Janus Global Life Science AUSD 1.33M 1.41% ▲ 0.51% Jun 30, 2026
10 Stephens SMID Select Growth 1.33M 1.41% ▲ 2.07% Jun 30, 2026

Financial Highlights

Market Cap: $6.24B
EBITDA: $22.91M
Book Value: $1.07
Earnings/Share: $-0.73
Profit Margin: -7.35%
Operating Margin: 2.33%
ROA (TTM): -3.73%
ROE (TTM): -236.36%
Revenue (TTM): $591.33M
Revenue/Share (TTM): $6.48
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 48.20%

Valuation Metrics

Enterprise Value: $6.36B
Trailing P/E: 0.00
Forward P/E: 44.05

Shares Statistics

Shares Outstanding: 94.26M
Shares Float: 93.15M
% Insiders: 0.784%
% Institutions: 115.15%
Short % Float: 16.50%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$490.73M
Cost of Goods Sold
adjust
$-10.34M
Gross Profit
subtotal
$480.39M
SG&A
adjust
$-337.20M
R&D
adjust
$-206.01M
Operating Income
subtotal
$-62.82M
Other / Non-Operating Items
adjust
$37.28M
Net Income
subtotal
$-25.55M

Earnings Per Share (EPS) History

Financial Ratios

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