Cingulate Inc. (NASDAQ: CING) reported a net loss of $7.7 million for the third quarter ended September 30, 2026, compared with a $7.3 million loss a year earlier. The company reported $23.2 million in cash and cash equivalents at quarter-end.
Cingulate said it has substantially completed manufacturing work addressing FDA chemistry, manufacturing and controls requests for CTx-1301 and expects to resubmit its new drug application between December 2026 and January 2027.
- Third-quarter research and development expense was $2.9 million, up 2.2% from the prior-year period.
- Third-quarter selling, general and administrative expense was $4.6 million, up 45.5% year over year.
- Net loss for the first nine months of 2026 was $22.9 million, versus $16.2 million in the prior-year period.
- Working capital was approximately $18.8 million as of September 30, 2026.
- The company said its cash and cash equivalents are expected to fund operations into mid-2027 under its current business plan.
$CINGW Hedge Fund Activity
We have seen 6 institutional investors add shares of $CINGW stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP added 35,554 shares (+268.9%) to their portfolio in Q3 2026, for an estimated $181
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 23,080 shares (+inf%) to their portfolio in Q2 2026, for an estimated $440
- VIRTU FINANCIAL LLC added 12,626 shares (+inf%) to their portfolio in Q2 2026, for an estimated $241
- TWO SIGMA SECURITIES, LLC added 10,918 shares (+inf%) to their portfolio in Q2 2026, for an estimated $208
- UBS GROUP AG added 2,100 shares (+inf%) to their portfolio in Q3 2026, for an estimated $10
- TORONTO DOMINION BANK added 100 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1
- GOALVEST ADVISORY LLC added 0 shares (+0.0%) to their portfolio in Q3 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.