Stock Fundamentals

Company Information

Company Name
Cabaletta Bio Inc
Sector
Healthcare
Industry
Biotechnology
Exchange
NASDAQ
ISIN: US12674W1099
CIK: 0001759138
CUSIP: 12674W109
Currency: USD
Full Time Employees: 148
Phone: 267 759 3100
Fiscal Year End: December
IPO Date: Oct 25, 2019
Description:

Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with autoimmune diseases. Its lead product candidate is resecabtagene autoleucel, a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T, which is in Phase 1/2 clinical trials for the treatment of dermatomyositis, anti-synthetase syndrome, immune-mediated necrotizing myopathy, juvenile myositis, lupus nephritis, non-renal systemic lupus erythematosus, relapsing and progressive multiple sclerosis, mucocutaneous and mucosal pemphigus vulgaris (PV), systemic sclerosis, and generalized myasthenia gravis. The company also develops DSG3-CAART, a CAAR T cell therapy that is in Phase 1 clinical trial for the treatment of mucosal PV; and MuSK-CAART, an investigational cell therapy in Phase 1 trial for treating patients with anti-muscle-specific kinase (MuSK) antibody positive myasthenia gravis. It has collaborations with the University of Pennsylvania and the Children's Hospital of Philadelphia; Nanjing IASO Biotherapeutics Co., Ltd; Oxford Biomedica; Autolus Holdings (UK) Limited; and WuXi Advanced Therapies, Inc. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.

Address:

2929 Arch Street, Philadelphia, PA, United States, 19104

Directors & Officers

Name Title Year Born
Dr. Steven A. Nichtberger M.D. Co-Founder, Chairman, CEO & President 1961
Dr. David J. Chang FACR, M.D., M.P.H. Chief Medical Officer 1963
Dr. Gwendolyn K. Binder Ph.D. President of Science & Technology 1975
Dr. Michael C. Milone M.D., Ph.D. Co-Founder & Co-Chair of Scientific Advisory Board NA
Dr. Aimee Payne M.D., Ph.D. Co-Founder & Co-Chair of Scientific Advisory Board NA
Mr. Anup Marda M.B.A. Chief Financial Officer 1978
Dr. Qing Sarah Yuan Ph.D. Chief Technology Officer 1972
Dr. Samik Basu M.D. Chief Scientific Officer NA
Mr. Michael Gerard J.D. General Counsel & Secretary 1980
Ms. Heather Harte-Hall M.Sc. Chief Compliance Officer NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Bain Capital Life Sciences Investors, LLC 9.68M Dec 31, 2025 10.05% $1.62 0.00%
Jennison Associates LLC 8.91M Dec 31, 2025 9.25% $0.01 4.80%
Adage Capital Partners Gp LLC 8.83M Dec 31, 2025 9.17% $0.03 0.00%
T. Rowe Price Investment Management,Inc. 8.36M Sep 30, 2025 8.69% $0.01 23.09%
Cormorant Asset Management, LLC 5.00M Sep 30, 2025 5.19% $0.81 0.00%
Vanguard Group Inc 4.42M Dec 31, 2025 4.59% $0.00 5.46%
Two Sigma Investments LLC 1.84M Dec 31, 2025 1.91% $0.01 291.05%
BlackRock Inc 1.62M Sep 30, 2025 1.68% $0.00 67.00%
SUPERSTRING CAPITAL MANAGEMENT LP 1.54M Sep 30, 2025 1.60% $3.56 45.61%
Renaissance Technologies Corp 1.52M Dec 31, 2025 1.58% $0.01 13.67%
Morgan Stanley - Brokerage Accounts 1.47M Sep 30, 2025 1.53% $0.00 11.31%
Marshall Wace Asset Management Ltd 1.33M Sep 30, 2025 1.38% $0.00 594.42%
T. Rowe Price Associates, Inc. 1.29M Sep 30, 2025 1.35% $0.00 -40.79%
Woodline Partners LP 1.25M Dec 31, 2025 1.30% $0.01 -41.45%
Schonfeld Strategic Advisors LLC 1.20M Dec 31, 2025 1.25% $0.01 15.31%
JPMorgan Chase & Co 1.08M Sep 30, 2025 1.12% $0.00 1,230.88%
Geode Capital Management, LLC 920.34K Sep 30, 2025 0.96% $0.00 66.29%
Opaleye Management Inc 900.00K Dec 31, 2025 0.93% $0.26 11.26%
Almitas Capital LLC 774.98K Sep 30, 2025 0.81% $0.21 110.88%
Schroder Investment Management Group 756.64K Dec 31, 2025 0.79% $0.00 0.00%

Shares Statistics

Shares Outstanding: 96.27M
Shares Float: 70.98M
% Insiders: 157.20%
% Institutions: 7,917.90%
Short % Float: 19.67%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Bain Capital Life Sciences Investors, LLC 9.68M 10.05% ▲ 0.00% Dec 31, 2025
2 Jennison Associates LLC 8.91M 9.25% ▲ 4.80% Dec 31, 2025
3 Adage Capital Partners Gp LLC 8.83M 9.17% ▲ 0.00% Dec 31, 2025
4 T. Rowe Price Investment Management,Inc. 8.36M 8.69% ▲ 23.09% Sep 30, 2025
5 Cormorant Asset Management, LLC 5.00M 5.19% ▲ 0.00% Sep 30, 2025
6 Vanguard Group Inc 4.42M 4.59% ▲ 5.46% Dec 31, 2025
7 Two Sigma Investments LLC 1.84M 1.91% ▲ 291.05% Dec 31, 2025
8 BlackRock Inc 1.62M 1.68% ▲ 67.00% Sep 30, 2025
9 SUPERSTRING CAPITAL MANAGEMENT LP 1.54M 1.60% ▲ 45.61% Sep 30, 2025
10 Renaissance Technologies Corp 1.52M 1.58% ▲ 13.67% Dec 31, 2025

Valuation Metrics

Enterprise Value: $185.45M
Trailing P/E: 0.00
Forward P/E: 0.00

Financial Highlights

Market Cap: $319.60M
EBITDA: $-161.65M
Book Value: $1.45
Earnings/Share: $-2.40
Profit Margin: 0.00%
Operating Margin: 0.00%
ROA (TTM): -51.82%
ROE (TTM): -101.06%
Revenue (TTM): $0.00
Revenue/Share (TTM): $0.00
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 0.00%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2024-12-31 6.15x 0.07x 0.18x -167.30x -0.09x
2023-12-31 15.29x 0.02x 0.07x N/A -0.05x
2022-12-31 11.47x 0.02x 0.11x -45.96x -0.04x
2021-12-31 14.86x 0.00x 0.07x -63.18x 0.00x
2020-12-31 21.92x 0.00x 0.05x -68.49x 0.00x
2019-12-31 44.66x 0.00x 0.02x N/A 0.00x
2018-12-31 36.05x 0.00x 1.31x N/A 0.00x
2017-12-31 0.00x 0.00x 250.00x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jan 21, 2026 David J Chang N/A Purchase 8.80K $2.26 $19.89K
Jan 21, 2026 Gwendolyn Binder N/A Purchase 11.31K $2.19 $24.77K
Jan 21, 2026 Mark Simon N/A Purchase 11.06K $2.28 $25.22K
Jan 21, 2026 Michael Gerard N/A Purchase 6.60K $2.27 $14.98K
Jan 21, 2026 Shawn Tomasello N/A Purchase 22.73K $2.21 $50.22K
Jan 21, 2026 Steve Gavel N/A Purchase 22.17K $2.27 $50.33K
Jan 21, 2026 Steven Nichtberger N/A Purchase 45.00K $2.24 $100.80K

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