Indaptus Therapeutics (INDP) reported a net loss of $1.8 million, or $0.02 per basic and diluted share, for the second quarter ended June 30, 2026, compared with a $5.2 million loss in the prior-year period.
The company completed a $12.0 million private placement in June and reported $11.6 million in cash, cash equivalents and short-term investments at quarter-end. Indaptus said it has no active clinical development programs and is evaluating strategic alternatives for Decoy20 and its broader operations.
- Research and development expense fell 83% year over year to $0.4 million.
- General and administrative expense declined 37% to $1.4 million.
- Six-month net loss was $4.3 million, compared with $9.8 million a year earlier.
- The June 17 private placement sold 20.0 million common shares at $0.60 per share.
- Cash and cash equivalents totaled $7.6 million, with $4.0 million in short-term investments, as of June 30.
$INDP Hedge Fund Activity
We have seen 4 institutional investors add shares of $INDP stock to their portfolio, and 3 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 39,018 shares (+inf%) to their portfolio in Q1 2026, for an estimated $71,012
- GEODE CAPITAL MANAGEMENT, LLC added 29,463 shares (+109.1%) to their portfolio in Q2 2026, for an estimated $88,389
- UBS GROUP AG removed 29,002 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $52,783
- MORGAN STANLEY added 2,697 shares (+inf%) to their portfolio in Q1 2026, for an estimated $4,908
- TOWER RESEARCH CAPITAL LLC (TRC) removed 1,890 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,670
- BANK OF AMERICA CORP /DE/ removed 25 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $45
- CWM, LLC added 2 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3
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.
