Rockwell Medical (RMTI) reported second-quarter 2026 net sales of $17.8 million, up 11% from $16.1 million a year earlier. The company recorded a net loss of $1.2 million, or $0.34 per basic and diluted share, compared with a $1.5 million loss, or $0.48 per share, in the prior-year quarter.
Gross profit increased 30% to $3.2 million and gross margin rose to 18% from 16%. Cash, cash equivalents and investments available for sale totaled $24.8 million at June 30, 2026.
- Six-month 2026 net sales were $35.1 million, compared with $35.0 million a year earlier.
- Six-month net loss was $2.8 million, compared with a $3.0 million loss in the prior-year period.
- Second-quarter operating cash flow was $2.1 million.
- The company reiterated 2026 net-sales guidance of $70.0 million to $75.0 million and gross-margin guidance of 18% to 22%.
- Rockwell announced a 1-for-10 reverse stock split effective July 1, 2026, and said Nasdaq closed its minimum-bid-price compliance matter.
$RMTI Hedge Fund Activity
We have seen 12 institutional investors add shares of $RMTI stock to their portfolio, and 24 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RENAISSANCE TECHNOLOGIES LLC added 170,800 shares (+36.5%) to their portfolio in Q1 2026, for an estimated $152,558
- CITADEL ADVISORS LLC removed 81,891 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $73,145
- CORSAIR CAPITAL MANAGEMENT, L.P. added 50,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $44,660
- UBS GROUP AG added 39,171 shares (+28.0%) to their portfolio in Q1 2026, for an estimated $34,987
- TWO SIGMA SECURITIES, LLC removed 34,191 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $30,539
- JANE STREET GROUP, LLC removed 22,123 shares (-21.9%) from their portfolio in Q1 2026, for an estimated $19,760
- XTX TOPCO LTD removed 15,261 shares (-24.6%) from their portfolio in Q1 2026, for an estimated $13,631
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.
