PMV Pharmaceuticals (PMVP) reported a net loss of $34.4 million, or $0.52 per basic and diluted share, for the third quarter ended September 30, 2026. The company reported $108.5 million in cash, cash equivalents and marketable securities at quarter-end.
PMV Pharma said it completed an oversubscribed $50 million public offering and plans to submit a rezatapopt NDA for platinum-resistant or refractory ovarian cancer in the first quarter of 2027.
- Research and development expense was $16.1 million, down from $18.2 million a year earlier.
- General and administrative expense was $4.0 million, compared with $4.3 million in the prior-year quarter.
- Net cash used in operations was $52.4 million for the nine months ended September 30, 2026.
- The company expects its cash runway to extend into the first quarter of 2028.
- Updated Phase 2 PYNNACLE data are scheduled for a late-breaking oral presentation at ENA 2026.
$PMVP Hedge Fund Activity
We have seen 17 institutional investors add shares of $PMVP stock to their portfolio, and 32 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BML CAPITAL MANAGEMENT, LLC added 2,000,000 shares (+37.5%) to their portfolio in Q3 2026, for an estimated $3,340,000
- ARROWMARK COLORADO HOLDINGS LLC removed 913,185 shares (-31.8%) from their portfolio in Q2 2026, for an estimated $1,223,667
- MORGAN STANLEY removed 822,627 shares (-95.2%) from their portfolio in Q2 2026, for an estimated $1,102,320
- TANG CAPITAL MANAGEMENT LLC removed 694,915 shares (-14.1%) from their portfolio in Q2 2026, for an estimated $931,186
- LONGAEVA PARTNERS L.P. removed 552,027 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $739,716
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 500,000 shares (+26.9%) to their portfolio in Q2 2026, for an estimated $670,000
- EVERSEPT PARTNERS, LP removed 457,456 shares (-19.5%) from their portfolio in Q2 2026, for an estimated $612,991
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.
