Why Roivant Sciences (ROIV) Stock Is Down Today

Roivant Sciences Ltd. (ROIV) is down 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a mix of profit-taking and sector weakness rather than a new company-specific setback. Roivant had already rallied sharply after positive mosliciguat data and a recent product approval, so today’s move looks like a pullback as biotech shares softened and no fresh upside catalyst appeared.

Details:

Roivant announced positive Phase 2 PHocus results for mosliciguat in PH-ILD on September 8 and said it is moving ahead with the Phase 3 PHrontier study, which had already given the shares a major boost earlier this month.

Roivant also disclosed in late August that LISRAYA, its brepocitinib product for adults with dermatomyositis, won FDA approval and became available in the U.S., another recent positive development that may already be reflected in the stock.

Recent SEC Form 4 filings dated September 14 appear to show routine insider-related transactions, including small tax-withholding dispositions by directors, not a material operating change or a major strategic event.

This could also be because biotech risk appetite was weaker today, with the broader market under pressure from rising oil prices and bond yields, making a modest retreat in a recently strong name more understandable.

Sources:

Roivant investor relations, SEC, AP News

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ROIV Insider Trading Activity

$ROIV insiders have traded $ROIV stock on the open market 40 times in the past 6 months. Of those trades, 0 have been purchases and 40 have been sales.

Here’s a breakdown of recent trading of $ROIV stock by insiders over the last 6 months:

MAYUKH SUKHATME (President & CIO) has made 0 purchases and 9 sales selling 2,000,000 shares for an estimated $70,626,215.
KEITH S MANCHESTER has made 0 purchases and 6 sales selling 1,638,163 shares for an estimated $56,444,075.
FINANCIAL LP QVT has made 0 purchases and 5 sales selling 1,438,163 shares for an estimated $49,354,075.
DANIEL ALLEN GOLD has made 0 purchases and 5 sales selling 1,438,163 shares for an estimated $49,354,075.
ERIC VENKER (President & Immunovant CEO) has made 0 purchases and 8 sales selling 1,200,000 shares for an estimated $38,394,660.
MATTHEW GLINE (CEO) sold 289,774 shares for an estimated $8,449,809
MEGHAN FITZGERALD has made 0 purchases and 3 sales selling 100,000 shares for an estimated $3,068,500.
MELISSA B, EPPERLY has made 0 purchases and 2 sales selling 17,750 shares for an estimated $610,251.
JENNIFER HUMES (Chief Accounting Officer) sold 13,538 shares for an estimated $384,073

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.

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$ROIV Hedge Fund Activity

We have seen 297 institutional investors add shares of $ROIV stock to their portfolio, and 200 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FARALLON CAPITAL MANAGEMENT LLC added 9,638,000 shares (+26048.6%) to their portfolio in Q1 2026, for an estimated $266,972,600
MORGAN STANLEY removed 9,235,420 shares (-17.8%) from their portfolio in Q2 2026, for an estimated $326,841,513
GOLDMAN SACHS GROUP INC added 7,444,867 shares (+67.0%) to their portfolio in Q2 2026, for an estimated $263,473,843
UBS GROUP AG removed 5,152,831 shares (-22.8%) from their portfolio in Q2 2026, for an estimated $182,358,689
BLACKROCK, INC. added 3,981,831 shares (+9.0%) to their portfolio in Q2 2026, for an estimated $140,916,999
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,715,594 shares (+inf%) to their portfolio in Q2 2026, for an estimated $131,494,871
POINT72 ASSET MANAGEMENT, L.P. added 3,582,578 shares (+402.1%) to their portfolio in Q2 2026, for an estimated $126,787,435

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.

$ROIV Price Targets

Multiple analysts have issued price targets for $ROIV recently. We have seen 5 analysts offer price targets for $ROIV in the last 6 months, with a median target of $40.0.

Here are some recent targets:

Yatin Suneja from Guggenheim set a target price of $36.0 on 05/26/2026
Douglas Tsao from HC Wainwright & Co. set a target price of $34.0 on 05/21/2026
Yaron Werber from TD Cowen set a target price of $41.0 on 05/21/2026
Samantha Semenkow from Citigroup set a target price of $42.0 on 05/21/2026
Yasmeen Rahimi from Piper Sandler set a target price of $40.0 on 04/16/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.