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ARDX

MODERATE

ARDELYX, INC.

CIK: 0001437402

Buy (90% confidence)

Last activity: 2 weeks ago

Financial Metrics

As of Dec 31, 2025 (10-K)

Revenue $2.61M

Net Income -$61.60M

Insider Roster (9 total, 9 active)

Insider	Buys	Sells	Net Value	Holdings
MOTT DAVID M OTHER	1	0	$1.95M	3,302,918 shares $19.29M
RAAB MICHAEL President & CEO	0	7	-$773K	1,816,448 shares $10.61M
Williams Laura A See Remarks	0	3	-$397K	437,066 shares $2.56M
Foster Eric Duane Chief Commercial Officer	0	4	-$61K	427,233 shares $2.51M
Kelliher Mike See Remarks	0	3	-$56K	365,827 shares $2.15M
Reilly Joseph James See Remarks	0	3	-$29K	152,394 shares $894K
Bishop John E See Remarks	0	3	-$19K	339,538 shares $1.99M
Brady James Parker Chief Human Resources Officer	0	2	-$15K	263,221 shares $1.54M
Hohenleitner Susan Chief Financial Officer	0	2	-$12K	230,780 shares $1.35M

Recent Transactions

SELL RAAB MICHAEL (President & CEO)

41,666 shares @ $5.84

$243K

Mar 16, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

41,666 shares @ $6.25

$261K

Feb 24, 2026

Conviction: | View SEC Filing →

BUY MOTT DAVID M (OTHER)

333,333 shares @ $5.84

$1.95M

Feb 20, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

40,401 shares @ $5.87

$237K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Foster Eric Duane (Chief Commercial Officer)

9,176 shares @ $5.87

$54K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Kelliher Mike (See Remarks)

8,434 shares @ $5.87

$49K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Williams Laura A (See Remarks)

7,192 shares @ $5.87

$42K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

5,576 shares @ $5.71

$32K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Reilly Joseph James (See Remarks)

4,387 shares @ $5.87

$26K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Bishop John E (See Remarks)

2,792 shares @ $5.87

$16K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Brady James Parker (Chief Human Resources Officer)

2,234 shares @ $5.87

$13K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Hohenleitner Susan (Chief Financial Officer)

1,786 shares @ $5.87

$10K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Foster Eric Duane (Chief Commercial Officer)

1,261 shares @ $5.71

$7K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Kelliher Mike (See Remarks)

1,159 shares @ $5.71

$7K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Williams Laura A (See Remarks)

984 shares @ $5.71

$6K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Reilly Joseph James (See Remarks)

602 shares @ $5.71

$3K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Bishop John E (See Remarks)

386 shares @ $5.71

$2K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Brady James Parker (Chief Human Resources Officer)

309 shares @ $5.71

$2K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Hohenleitner Susan (Chief Financial Officer)

247 shares @ $5.71

$1K

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Kelliher Mike (See Remarks)

2 shares @ $5.71

$11

Feb 20, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

2 shares @ $5.70

$11

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Reilly Joseph James (See Remarks)

2 shares @ $5.70

$11

Feb 20, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

2 shares @ $5.70

$11

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Foster Eric Duane (Chief Commercial Officer)

1 shares @ $5.71

Feb 20, 2026

Conviction: | View SEC Filing →

SELL RAAB MICHAEL (President & CEO)

1 shares @ $5.70

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Bishop John E (See Remarks)

1 shares @ $5.70

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Foster Eric Duane (Chief Commercial Officer)

1 shares @ $5.70

Feb 20, 2026

Conviction: | View SEC Filing →

SELL Williams Laura A (Chief Patient Officer)

50,000 shares @ $6.98

$349K

Jan 8, 2026

Conviction: | View SEC Filing →

⚠️ Important Disclaimer

• This is AI-generated analysis for educational purposes only, not financial advice.

• Insider trading data is derived from SEC Form 4 filings and may contain errors.

• Always conduct your own research and consult qualified financial advisors before making investment decisions.