CDXSNasdaqIndustrial Organic ChemicalsFiscal year ends December 31
CODEXIS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$1.32+0.08 (+6.45%)
Close on Oct 19, 2026
- Market cap
- $120.19M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
63.7%
70M of 110M shares
Institutional holders
149
27 new, 12 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 35 sales
Net sold $7.65M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| abrdn Inc. | 7,966,498 | 8.82% | 13G (passive) amendment | Dec 31, 2025 |
| Telemark Fund LP | 7,846,411 | 7.30% | 13G (passive) | Jul 24, 2026 |
| Eli Casdin | 7,200,000 | 8.70% | 13G (passive) amendment | Jun 30, 2025 |
| James Silverman | 6,789,738 | 7.52% | 13G (passive) amendment | Dec 31, 2025 |
| Opaleye Management Inc. | 6,785,000 | 7.47% | 13G (passive) amendment | Mar 31, 2026 |
| Aberdeen Group plc | 6,769,954 | 7.45% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 5,979,480 | 7.20% | 13G (passive) amendment | Mar 31, 2025 |
| Lytton Laurence W | 5,592,972 | 5.20% | 13G (passive) amendment | Jun 30, 2026 |
| Millennium Group Management LLC | 4,734,627 | 5.20% | 13G (passive) | Apr 9, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CDXS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7,284,352 | 6.65% | $16.46M | +255,579 | 0.00% |
| Nantahala Capital Management, LLC | 7,247,226 | 6.62% | $16.38M | +3,123,613 | 0.27% |
| Opaleye Management Inc. | 6,785,000 | 6.20% | $15.33M | – | 1.39% |
| abrdn plc | 6,769,954 | 6.18% | $15.30M | −1,910,414 | 0.02% |
| Millennium Management LLC | 5,549,139 | 5.07% | $12.54M | +1,551,009 | 0.00% |
| Telemark Asset Management, LLC | 3,846,411 | 3.51% | $8.69M | – | 0.63% |
| Ameriprise Financial Inc | 3,809,440 | 3.48% | $8.61M | +408,944 | 0.00% |
| Vanguard Capital Management LLC | 3,617,109 | 3.30% | $8.17M | −51,398 | 0.00% |
| Assenagon Asset Management S.A. | 2,556,412 | 2.33% | $5.78M | +1,805,242 | 0.00% |
| Geode Capital Management, LLC | 2,162,393 | 1.97% | $4.89M | +277,040 | 0.00% |
| State Street Corp | 1,756,814 | 1.60% | $3.97M | +89,860 | 0.00% |
| D. E. Shaw & Co., Inc. | 1,342,014 | 1.23% | $3.03M | +362,167 | 0.00% |
| Jacobs Levy Equity Management, Inc | 1,330,205 | 1.21% | $3.01M | +242,178 | 0.01% |
| Vanguard Portfolio Management LLC | 1,307,171 | 1.19% | $2.95M | +427,832 | 0.00% |
| Aqr Capital Management LLC | 845,431 | 0.77% | $1.91M | +236,830 | 0.00% |
| Two Sigma Investments, LP | 696,599 | 0.64% | $1.57M | +454,644 | 0.00% |
| Northern Trust Corp | 682,940 | 0.62% | $1.54M | +25,801 | 0.00% |
| Franklin Resources Inc | 678,640 | 0.62% | $1.53M | −9,570 | 0.00% |
| Morgan Stanley | 649,170 | 0.59% | $1.47M | +176,329 | 0.00% |
| Vanguard Fiduciary Trust Co | 581,058 | 0.53% | $1.31M | +30,050 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 149 | 70M | 63.7% | 27 / 63 | 35 / 12 | 12M | 9M |
| Q1 2026 | 135 | 66M | 60.7% | 33 / 48 | 33 / 21 | 12M | 7M |
| Q4 2025 | 126 | 66M | 60.0% | 16 / 50 | 34 / 20 | 13M | 13M |
| Q3 2025 | 131 | 66M | 60.3% | 23 / 35 | 42 / 11 | 10M | 16M |
| Q2 2025 | 120 | 72M | 65.4% | 10 / 42 | 44 / 16 | 11M | 5M |
| Q1 2025 | 126 | 65M | 59.5% | 15 / 51 | 39 / 21 | 7M | 4M |
| Q4 2024 | 134 | 64M | 58.4% | 28 / 56 | 31 / 10 | 6M | 5M |
| Q3 2024 | 116 | 63M | 57.5% | 11 / 44 | 32 / 11 | 23M | 8M |
| Q2 2024 | 118 | 56M | 51.3% | 13 / 43 | 40 / 19 | 7M | 5M |
| Q1 2024 | 124 | 54M | 49.5% | 13 / 41 | 48 / 8 | 3M | 9M |
| Q4 2023 | 119 | 60M | 55.1% | 17 / 46 | 37 / 18 | 12M | 6M |
| Q3 2023 | 122 | 55M | 50.3% | 17 / 40 | 43 / 19 | 10M | 16M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CDXS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Columbia Small Cap Value Discovery Fund | 2,659,635 | 2.43% | $3.72M | 0.15% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 2,633,770 | 2.41% | $5.95M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,286,444 | 2.09% | $5.17M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 942,511 | 0.86% | $1.32M | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 895,869 | 0.82% | $2.02M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 696,097 | 0.64% | $1.57M | 0.01% | Jun 30, 2026 |
| iShares Biotechnology ETF | 593,659 | 0.54% | $1.34M | 0.01% | Jun 30, 2026 |
| Putnam Small Cap Value Fund | 492,703 | 0.45% | $1.36M | 0.46% | May 31, 2026 |
| Columbia Variable Portfolio - Small Cap Value Discovery Fund | 481,660 | 0.44% | $1.09M | 0.24% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 458,168 | 0.42% | $1.27M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 418,879 | 0.38% | $1.16M | 0.00% | May 31, 2026 |
| Small Company Growth Portfolio | 398,987 | 0.36% | $901.71K | 0.05% | Jun 30, 2026 |
| Vanguard Explorer Fund | 316,606 | 0.29% | $443.25K | 0.00% | Jul 31, 2026 |
| iShares Micro-Cap ETF | 290,804 | 0.27% | $657.22K | 0.04% | Jun 30, 2026 |
| Large-Cap Growth Portfolio | 213,439 | 0.19% | $482.37K | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Alison Moore | President and CEO, Director | 250,506 | 0.23% | Feb 25, 2026 |
| Georgia Erbez | See Remarks | 66,810 | 0.06% | Feb 25, 2026 |
| Stefan Lutz | Chief Scientific Officer | 130,421 | 0.12% | Feb 25, 2026 |
| Kevin Norrett | Chief Operating Officer | 177,327 | 0.16% | Feb 7, 2025 |
| David V. Smith | Director | 194,275 | 0.18% | Jun 18, 2026 |
| Cynthia Collins | Director | 112,157 | 0.10% | Jun 18, 2026 |
| Esther Martinborough | Director | 129,036 | 0.12% | Jun 18, 2026 |
| Christos Richards | Director | 85,133 | 0.08% | Jun 18, 2026 |
| Rahul Singhvi | Director | 137,052 | 0.13% | Jun 18, 2026 |
| H. Stewart Parker | Director | 143,583 | 0.13% | Jun 18, 2026 |
| Stephen George Dilly | Director | 727,053 | 0.66% | Jun 18, 2026 |
| Vre Raymond De | Director | 84,811 | 0.08% | Jun 18, 2026 |
| Dennis P. Wolf | Director | 138,951 | 0.13% | Nov 25, 2025 |
| Management Inc. Opaleye | 10% owner | 11,731,779 | 10.71% | Dec 15, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Vre Raymond De Director | Jun 11, 2026 | Sale | −2,605 | $2.37 | $6.17K | 84,811 |
| Stefan Lutz Chief Scientific Officer | Feb 24, 2026 | Sale | −5,862 | $1.13 | $6.62K | 130,421 |
| Georgia Erbez See Remarks | Feb 6, 2026 | Sale | −3,826 | $1.31 | $5.01K | 66,810 |
| Stefan Lutz Chief Scientific Officer | Feb 6, 2026 | Sale | −2,492 | $1.31 | $3.26K | 136,283 |
| Alison Moore President and CEO, Director | Feb 6, 2026 | Sale | −3,826 | $1.31 | $5.01K | 250,506 |
| Stefan Lutz CSO | Jan 7, 2026 | Sale | −4,685 | $1.70 | $7.96K | 138,775 |
| Management Inc. Opaleye 10% owner | Dec 1, 2025 | Sale | −8,533 | $1.67 | $14.25K | 179,989 |
| Management Inc. Opaleye 10% owner | Dec 1, 2025 | Sale | −245,000 | $1.67 | $409.15K | 9,955,000 |
| Management Inc. Opaleye 10% owner | Dec 1, 2025 | Sale | −245,000 | $1.67 | $409.15K | 9,955,000 |
| Management Inc. Opaleye 10% owner | Dec 1, 2025 | Sale | −8,533 | $1.67 | $14.25K | 179,989 |
| Management Inc. Opaleye 10% owner | Nov 28, 2025 | Sale | −105,000 | $1.75 | $183.75K | 10,200,000 |
| Management Inc. Opaleye 10% owner | Nov 28, 2025 | Sale | −2,490 | $1.75 | $4.36K | 188,522 |
| Management Inc. Opaleye 10% owner | Nov 28, 2025 | Sale | −105,000 | $1.75 | $183.75K | 10,200,000 |
| Management Inc. Opaleye 10% owner | Nov 28, 2025 | Sale | −2,490 | $1.75 | $4.36K | 188,522 |
| Management Inc. Opaleye 10% owner | Nov 26, 2025 | Sale | −148,318 | $1.74 | $258.07K | 10,305,000 |
| Management Inc. Opaleye 10% owner | Nov 26, 2025 | Sale | −5,000 | $1.74 | $8.70K | 191,012 |
| Management Inc. Opaleye 10% owner | Nov 26, 2025 | Sale | −5,000 | $1.74 | $8.70K | 191,012 |
| Management Inc. Opaleye 10% owner | Nov 26, 2025 | Sale | +148,318 | $1.74 | $258.07K | 10,305,000 |
| Dennis P. Wolf Director | Nov 21, 2025 | Sale | −8,952 | $1.56 | $13.97K | 138,951 |
| Alison Moore President and CEO | Nov 13, 2025 | Award | +85,000 | – | – | 254,332 |
| Management Inc. Opaleye 10% owner | Nov 12, 2025 | Sale | −165,000 | $1.96 | $323.40K | 10,453,318 |
| Management Inc. Opaleye 10% owner | Nov 12, 2025 | Sale | −27,459 | $1.94 | $53.27K | 196,012 |
| Management Inc. Opaleye 10% owner | Nov 12, 2025 | Sale | +890,000 | $1.94 | $1.73M | 10,618,318 |
| Management Inc. Opaleye 10% owner | Nov 11, 2025 | Sale | −13,211 | $1.80 | $23.78K | 223,461 |
| Management Inc. Opaleye 10% owner | Nov 11, 2025 | Sale | −535,000 | $1.80 | $963.00K | 11,508,318 |
| Vre Raymond De Director | Nov 11, 2025 | Sale | −1,413 | $1.74 | $2.46K | 87,416 |
| Stephen George Dilly Director | Nov 11, 2025 | Award | +50,000 | $1.85 | $92.50K | 727,053 |
| Management Inc. Opaleye 10% owner | Nov 11, 2025 | Sale | −535,000 | $1.80 | $963.00K | 11,508,318 |
| Management Inc. Opaleye 10% owner | Nov 11, 2025 | Sale | −13,211 | $1.80 | $23.78K | 223,461 |
| Management Inc. Opaleye 10% owner | Nov 10, 2025 | Sale | −3,318 | $1.73 | $5.74K | 236,682 |
| Management Inc. Opaleye 10% owner | Nov 10, 2025 | Sale | −205,000 | $1.73 | $354.65K | 12,043,318 |
| Management Inc. Opaleye 10% owner | Nov 10, 2025 | Sale | −205,000 | $1.73 | $354.65K | 12,043,318 |
| Management Inc. Opaleye 10% owner | Nov 10, 2025 | Sale | −3,318 | $1.73 | $5.74K | 236,682 |
| Management Inc. Opaleye 10% owner | Nov 7, 2025 | Sale | −10,000 | $1.70 | $17.00K | 240,000 |
| Management Inc. Opaleye 10% owner | Nov 7, 2025 | Sale | −296,682 | $1.70 | $504.36K | 12,248,318 |
| Management Inc. Opaleye 10% owner | Nov 7, 2025 | Sale | +296,682 | $1.70 | $504.36K | 12,248,318 |
| Management Inc. Opaleye 10% owner | Nov 7, 2025 | Sale | −10,000 | $1.70 | $17.00K | 240,000 |
| Georgia Erbez Chief Financial Officer | Oct 13, 2025 | Sale | −6,239 | $2.51 | $15.66K | 70,636 |
| Alison Moore Chief Technical Officer | Oct 13, 2025 | Sale | −6,239 | $2.51 | $15.66K | 169,332 |
| Management Inc. Opaleye 10% owner | Aug 4, 2025 | Buy | +780 | $2.84 | $2.22K | 12,545,000 |
| Management Inc. Opaleye 10% owner | Jul 31, 2025 | Buy | +84,220 | $2.68 | $225.71K | 12,544,220 |
| Management Inc. Opaleye 10% owner | Jul 30, 2025 | Buy | +1,578 | $2.80 | $4.42K | 12,460,000 |
| Management Inc. Opaleye 10% owner | Jul 29, 2025 | Buy | +8,422 | $2.82 | $23.75K | 12,458,422 |
| Management Inc. Opaleye 10% owner | Jul 18, 2025 | Buy | +100,000 | $2.82 | $282.00K | 12,450,000 |
| Management Inc. Opaleye 10% owner | Jun 27, 2025 | Buy | +100,000 | $2.39 | $239.00K | 12,350,000 |
| Management Inc. Opaleye 10% owner | Jun 16, 2025 | Buy | +50,898 | $2.24 | $114.01K | 12,250,000 |
| Management Inc. Opaleye 10% owner | Jun 13, 2025 | Buy | +99,102 | $2.23 | $221.00K | 12,199,102 |
| Management Inc. Opaleye 10% owner | Jun 12, 2025 | Buy | +100,000 | $2.25 | $225.00K | 12,100,000 |
| Cynthia Collins Director | Jun 10, 2025 | Award | +40,983 | – | – | 112,157 |
| Christos Richards Director | Jun 10, 2025 | Award | +40,983 | – | – | 85,133 |
| Esther Martinborough Director | Jun 10, 2025 | Award | +40,983 | – | – | 129,036 |
| Rahul Singhvi Director | Jun 10, 2025 | Award | +40,983 | – | – | 137,052 |
| H. Stewart Parker Director | Jun 10, 2025 | Award | +40,983 | – | – | 143,583 |
| David V. Smith Director | Jun 10, 2025 | Award | +40,983 | – | – | 105,705 |
| Vre Raymond De Director | Jun 10, 2025 | Award | +40,983 | – | – | 88,829 |
| Dennis P. Wolf Director | Jun 10, 2025 | Award | +40,983 | – | – | 147,903 |
| Management Inc. Opaleye 10% owner | May 28, 2025 | Buy | +5,000 | $2.36 | $11.80K | 12,000,000 |
| Management Inc. Opaleye 10% owner | May 23, 2025 | Buy | +2,320,000 | $2.36 | $5.48M | 11,995,000 |
| Management Inc. Opaleye 10% owner | May 1, 2025 | Buy | +20,000 | $2.32 | $46.40K | 9,675,000 |
| Management Inc. Opaleye 10% owner | Apr 30, 2025 | Buy | +25,000 | $2.31 | $57.75K | 9,655,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Georgia Erbez Officer | Oct 13, 2026 | 6,335 | $8.62K | Oct 12, 2026 | RSU vesting and settlement |
| Alison Moore Officer | Oct 13, 2026 | 6,335 | $8.62K | Oct 12, 2026 | RSU vesting and settlement |
| Stefan Lutz Officer | Feb 23, 2026 | 5,280 | $6.18K | Feb 24, 2026 | RSU vesting and settlement |
| Kevin Norrett Officer, Former Chief Operating Officer | Feb 6, 2026 | 3,291 | $4.18K | Feb 6, 2026 | RSU vesting and settlement |
| Stefan Lutz Officer | Feb 6, 2026 | 2,460 | $3.12K | Feb 6, 2026 | RSU vesting and settlement |
| Norrett Kevin Officer | Jan 16, 2026 | 1,745 | $2.91K | Jan 16, 2026 | Restricted Stock |
| Kevin Norrett Officer | Jan 7, 2026 | 6,123 | $10.41K | Jan 7, 2026 | RSU vesting and settlement |
| P. Wolf Dennis Officer | Nov 21, 2025 | 8,952 | $13.99K | Nov 21, 2025 | Restricted stock vesting under a registered plan |
| Alison Moore Officer | Oct 14, 2025 | 6,239 | $15.63K | Oct 13, 2025 | Vesting of restricted stock units |
| Georgia Erbez Officer | Oct 14, 2025 | 6,239 | $15.63K | Oct 13, 2025 | Vesting of restricted stock units |
| Byron L. Dorgan Director | Nov 15, 2023 | 20,000 | $42.16K | Nov 15, 2023 | EXERCISED SHARES |
| Nicols John Director | Apr 18, 2023 | 35,714 | $147.87K | Apr 18, 2023 | STOCK OPTIONS |
| Nicols John Director | Apr 17, 2023 | 35,714 | $151.38K | Apr 17, 2023 | STOCK OPTIONS |