Myomo, Inc. (NASDAQ: MYO) reported third-quarter 2026 revenue of $12.3 million, up 22.2% from a year earlier and ahead of the $11.6 million analyst estimate. Gross profit rose 36.4% to $8.8 million, showing stronger margins as sales increased.
The company still posted a loss, with operating profit at -$1.7 million and net income attributable to common shareholders at -$4.2 million. Diluted earnings per share came in at -$0.10, compared with a forecast of -$0.08.
Cash flow remained negative, with operating cash outflow of -$1.3 million. Myomo ended the quarter with $11.1 million in cash and cash equivalents, while total liabilities climbed to $31.1 million.
- Revenue: $12.3 million, up 22.2%
- Gross profit: $8.8 million, up 36.4%
- Diluted EPS: -$0.10
- Operating cash flow: -$1.3 million
- Cash and equivalents: $11.1 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Myomo, Inc. Insider Trading Activity
Myomo, Inc. insiders have traded $MYO stock on the open market 11 times in the past 6 months. Of those trades, 6 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $MYO stock by insiders over the last 6 months:
- JOSEPH M. JR. MANKO has made 2 purchases buying 201,197 shares for an estimated $173,907 and 0 sales.
- THOMAS F KIRK has made 4 purchases buying 140,008 shares for an estimated $143,870 and 0 sales.
- HARRY KOVELMAN (Chief Medical Officer) has made 0 purchases and 4 sales selling 64,738 shares for an estimated $81,819.
- MILTON MAYO MORRIS sold 15,000 shares for an estimated $21,150
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Myomo, Inc. Hedge Fund Activity
We have seen 37 institutional investors add shares of Myomo, Inc. stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 1,465,173 shares (-86.8%) from their portfolio in Q2 2026, for an estimated $1,523,779
- JEFFERIES FINANCIAL GROUP INC. removed 704,275 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,098,669
- AQR CAPITAL MANAGEMENT LLC added 609,317 shares (+191.0%) to their portfolio in Q2 2026, for an estimated $633,689
- JANE STREET GROUP, LLC added 596,352 shares (+inf%) to their portfolio in Q2 2026, for an estimated $620,206
- NUVEEN, LLC removed 360,096 shares (-97.2%) from their portfolio in Q2 2026, for an estimated $374,499
- PALUMBO WEALTH MANAGEMENT LLC added 299,776 shares (+inf%) to their portfolio in Q2 2026, for an estimated $311,767
- MILLENNIUM MANAGEMENT LLC added 271,294 shares (+inf%) to their portfolio in Q2 2026, for an estimated $282,145
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.
