ELUTNasdaqBiological Products, (No Diagnostic Substances)Fiscal year ends December 31
ELUTIA INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$0.82+0.02 (+2.67%)
Close on Oct 19, 2026
- Market cap
- $36.05M
- P/E (TTM)
- 0.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
39.8%
18M of 44M shares
Institutional holders
39
8 new, 4 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
16 buys · 0 sales
Net bought $236.70K
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 |
|---|---|---|---|---|
| Kevin Rakin | 5,244,056 | 13.00% | 13D (active) amendment | Dec 11, 2025 |
| Wilmot B. Harkey | 4,124,854 | 9.99% | 13G (passive) amendment | Dec 31, 2025 |
| Daniel Mack | 3,689,067 | 9.99% | 13G (passive) amendment | Mar 31, 2025 |
| Orin Hirschman | 3,074,735 | 9.90% | 13G (passive) amendment | Dec 31, 2024 |
| AIGH Capital Management LLC | 3,068,185 | 7.60% | 13G (passive) amendment | Dec 31, 2025 |
| Nantahala Capital Management, LLC | 2,983,568 | 9.99% | 13G (passive) amendment | Sep 30, 2024 |
| Alyeska Fund GP, LLC | 2,643,445 | 7.23% | 13G (passive) | Mar 31, 2025 |
| Knollwood Investment Advisory, LLC | 2,556,724 | 6.30% | 13G (passive) | Dec 31, 2025 |
| Devesh S. Gandhi | 1,782,271 | 5.90% | 13G (passive) amendment | Dec 31, 2024 |
| Birchview Capital, LP | 1,655,184 | 8.76% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ELUT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Nantahala Capital Management, LLC | 6,369,894 | 14.38% | $6.24M | +3,184,947 | 0.10% |
| AIGH Capital Management LLC | 2,695,644 | 6.09% | $2.64M | −899,606 | 0.17% |
| Knollwood Investment Advisory, LLC | 2,556,724 | 5.77% | $2.50M | – | 0.22% |
| Silverarc Capital Management, LLC | 2,192,980 | 4.95% | $2.15M | −305,040 | 0.22% |
| Vanguard Capital Management LLC | 1,142,575 | 2.58% | $1.12M | +118,876 | 0.00% |
| Perkins Capital Management Inc | 694,094 | 1.57% | $379.93K | −62,800 | 0.29% |
| Geode Capital Management, LLC | 285,229 | 0.64% | $279.44K | −8,167 | 0.00% |
| Corient Private Wealth LLC | 253,500 | 0.57% | $248.33K | +4,468 | 0.00% |
| Renaissance Technologies LLC | 201,816 | 0.46% | $197.70K | +119,100 | 0.00% |
| Vanguard Fiduciary Trust Co | 172,446 | 0.39% | $169.00K | +53,101 | 0.00% |
| BlackRock, Inc. | 167,857 | 0.38% | $164.43K | +45,784 | 0.00% |
| Birchview Capital, LP | 165,094 | 0.37% | $161.73K | – | 0.08% |
| Citadel Advisors LLC | 123,505 | 0.28% | $120.99K | +11,400 | 0.00% |
| Rossmore Private Capital | 120,000 | 0.27% | $117.55K | – | 0.01% |
| Gsa Capital Partners Llp | 89,386 | 0.20% | $88 | New | 0.01% |
| XTX Topco Ltd | 52,606 | 0.12% | $51.53K | +14,456 | 0.00% |
| Jane Street Group, LLC | 44,697 | 0.10% | $43.79K | −19,380 | 0.00% |
| Northern Trust Corp | 44,670 | 0.10% | $43.76K | +17,008 | 0.00% |
| Atom Investors LP | 44,231 | 0.10% | $43.33K | New | 0.00% |
| LRI Investments, LLC | 25,224 | 0.06% | $24.71K | New | 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 | 39 | 18M | 39.8% | 8 / 10 | 7 / 4 | 4M | 1M |
| Q1 2026 | 35 | 15M | 34.4% | 7 / 8 | 10 / 4 | 2M | 2M |
| Q4 2025 | 33 | 16M | 36.3% | 5 / 6 | 13 / 3 | 2M | 4M |
| Q3 2025 | 31 | 18M | 40.8% | 6 / 9 | 8 / 3 | 2M | 1M |
| Q2 2025 | 28 | 17M | 39.2% | 2 / 12 | 7 / 5 | 0M | 0M |
| Q1 2025 | 31 | 17M | 38.9% | 5 / 17 | 4 / 6 | 4M | 1M |
| Q4 2024 | 32 | 14M | 32.5% | 7 / 10 | 9 / 4 | 1M | 0M |
| Q3 2024 | 29 | 14M | 30.5% | 8 / 15 | 3 / 4 | 2M | 1M |
| Q2 2024 | 26 | 12M | 27.8% | 5 / 10 | 5 / 1 | 5M | 0M |
| Q1 2024 | 22 | 7M | 16.6% | 2 / 11 | 4 / 4 | 1M | 3M |
| Q4 2023 | 24 | 10M | 23.0% | 5 / 10 | 3 / 2 | 3M | 1M |
| Q3 2023 | 21 | 8M | 18.6% | 6 / 4 | 6 / 3 | 6M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ELUT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 899,932 | 2.03% | $881.57K | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 237,043 | 0.54% | $232.21K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 148,728 | 0.34% | $172.52K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 117,120 | 0.26% | $114.73K | 0.01% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 44,700 | 0.10% | $51.85K | 0.00% | May 31, 2026 |
| Perkins Discovery Fund | 37,500 | 0.08% | $39.38K | 0.68% | Mar 31, 2026 |
| Fidelity Series Total Market Index Fund | 31,175 | 0.07% | $36.16K | 0.00% | May 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 14,760 | 0.03% | $17.12K | 0.00% | May 31, 2026 |
| 1290 VT Micro Cap Portfolio | 7,582 | 0.02% | $7.43K | 0.00% | 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 |
|---|---|---|---|---|
| C. Randal Mills | PRESIDENT AND CEO, Director | 474,113 | 1.07% | Sep 14, 2026 |
| Matthew Ferguson | CHIEF FINANCIAL OFFICER | 494,389 | 1.12% | Sep 14, 2026 |
| Michelle LeRoux Williams | CHIEF SCIENTIFIC OFFICER | 130,552 | 0.29% | Sep 14, 2026 |
| David Colpman | Director | 31,098 | 0.07% | Jun 15, 2026 |
| Guido J. Neels | Director | 125,000 | 0.28% | Jun 15, 2026 |
| Kevin Rakin | Director, 10% owner | 5,225,098 | 11.80% | Jun 15, 2026 |
| Brigid Makes | Director | 27,000 | 0.06% | Jun 15, 2026 |
| Matt Zuga | Director, 10% owner | – | – | Jun 2, 2025 |
| Maybelle Jordan | Director | – | – | Jun 2, 2025 |
| HighCape Capital, L.P. | Director, 10% owner | 9,520,232 | 21.50% | Mar 13, 2025 |
| HighCape Partners QP II, L.P. | 10% owner | 5,105,098 | 11.53% | Jun 2, 2026 |
| HighCape Partners GP II, L.P. | 10% owner | 735,000 | 1.66% | Jun 2, 2026 |
| HighCape Partners GP II, LLC | 10% owner | 5,155,098 | 11.64% | Jun 2, 2026 |
| Highcape Partners Qp, L.P. | 10% owner | 9,100,232 | 20.55% | Dec 19, 2025 |
| HighCape Partners GP, LLC | 10% owner | – | – | Dec 19, 2025 |
| HighCape Partners GP, L.P. | 10% owner | 6,998,655 | 15.80% | Dec 19, 2025 |
| HighCape Co-Investment Vehicle II, LLC | 10% owner | – | – | Dec 19, 2025 |
| HighCape Co-Investment Vehicle I, LLC | 10% owner | 6,998,655 | 15.80% | Dec 19, 2025 |
| Highcape Partners, L.P. | 10% owner | 9,520,232 | 21.50% | Dec 19, 2025 |
| HighCape Capital, LLC | 10% owner | 9,100,232 | 20.55% | Mar 13, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| C. Randal Mills PRESIDENT AND CEO, Director | Sep 10, 2026 | Option exercise | +27,083 | – | – | 474,113 |
| C. Randal Mills PRESIDENT AND CEO, Director | Sep 10, 2026 | Tax withholding | −9,718 | $0.80 | $7.77K | 464,395 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Sep 10, 2026 | Option exercise | +12,500 | – | – | 494,389 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Sep 10, 2026 | Tax withholding | −4,486 | $0.80 | $3.59K | 489,903 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Sep 10, 2026 | Option exercise | +12,500 | – | – | 130,552 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Sep 10, 2026 | Tax withholding | −4,269 | $0.80 | $3.42K | 126,283 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 21, 2026 | Option exercise | +22,473 | – | – | 449,244 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 21, 2026 | Tax withholding | −8,064 | $1.06 | $8.55K | 441,180 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 10, 2026 | Tax withholding | −9,718 | $1.04 | $10.11K | 426,771 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 10, 2026 | Option exercise | +27,083 | – | – | 436,489 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Jun 10, 2026 | Option exercise | +12,500 | – | – | 484,567 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Jun 10, 2026 | Tax withholding | −4,485 | $1.04 | $4.66K | 480,082 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Jun 10, 2026 | Option exercise | +12,500 | – | – | 122,321 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Jun 10, 2026 | Tax withholding | −4,269 | $1.04 | $4.44K | 118,052 |
| HighCape Partners QP II, L.P. 10% owner | Jun 1, 2026 | Gift | −70,000 | – | – | 126,120 |
| HighCape Partners QP II, L.P. 10% owner | Jun 1, 2026 | Other | −50,000 | – | – | 272,419 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Mar 10, 2026 | Option exercise | +12,500 | – | – | 114,434 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Mar 10, 2026 | Tax withholding | −4,613 | $1.09 | $5.03K | 109,821 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Mar 10, 2026 | Tax withholding | −5,123 | $1.09 | $5.58K | 472,067 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Mar 10, 2026 | Option exercise | +12,500 | – | – | 477,190 |
| C. Randal Mills PRESIDENT AND CEO, Director | Mar 10, 2026 | Tax withholding | −11,100 | $1.09 | $12.10K | 409,406 |
| C. Randal Mills PRESIDENT AND CEO, Director | Mar 10, 2026 | Option exercise | +27,084 | – | – | 420,506 |
| Guido J. Neels Director | Jan 30, 2026 | Buy | +20,000 | $1.04 | $20.80K | 118,750 |
| Kevin Rakin Director, 10% owner | Jan 30, 2026 | Buy | +70,000 | $1.06 | $74.20K | 196,120 |
| Guido J. Neels Director | Jan 29, 2026 | Buy | +15,000 | $1.06 | $15.90K | 98,750 |
| Guido J. Neels Director | Jan 28, 2026 | Buy | +15,000 | $1.06 | $15.90K | 83,750 |
| HighCape Partners GP II, LLC 10% owner | Dec 17, 2025 | Buy | +50,000 | $0.52 | $26.00K | 322,419 |
| Brigid Makes Director | Dec 17, 2025 | Buy | +25,000 | $0.52 | $13.00K | 27,000 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Dec 17, 2025 | Buy | +60,000 | $0.53 | $31.80K | 447,110 |
| C. Randal Mills PRESIDENT AND CEO, Director | Dec 17, 2025 | Buy | +3,000 | $0.51 | $1.53K | 379,204 |
| David Colpman Director | Dec 17, 2025 | Buy | +12,500 | $0.51 | $6.38K | 31,098 |
| HighCape Partners GP II, LLC 10% owner | Dec 11, 2025 | Other | −4,505,941 | – | – | 4,978,978 |
| Kevin Rakin Director, 10% owner | Dec 11, 2025 | Other | −4,505,941 | – | – | 4,978,978 |
| Kevin Rakin Director, 10% owner | Dec 11, 2025 | Other | −4,372,497 | – | – | 4,978,978 |
| Guido J. Neels Director | Dec 10, 2025 | Option exercise | +6,250 | – | – | 125,000 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Dec 10, 2025 | Option exercise | +12,500 | – | – | 105,885 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Dec 10, 2025 | Tax withholding | −3,951 | $0.70 | $2.77K | 101,934 |
| C. Randal Mills PRESIDENT AND CEO, Director | Dec 10, 2025 | Tax withholding | −9,664 | $0.70 | $6.76K | 376,204 |
| C. Randal Mills PRESIDENT AND CEO, Director | Dec 10, 2025 | Option exercise | +27,083 | – | – | 385,868 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Dec 10, 2025 | Option exercise | +12,500 | – | – | 391,571 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Dec 10, 2025 | Tax withholding | −4,461 | $0.70 | $3.12K | 387,110 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Dec 2, 2025 | Buy | +5,500 | $0.67 | $3.69K | 379,071 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Dec 1, 2025 | Buy | +4,500 | $0.65 | $2.93K | 373,571 |
| Guido J. Neels Director | Dec 1, 2025 | Option exercise | +6,250 | – | – | 68,750 |
| C. Randal Mills PRESIDENT AND CEO, Director | Nov 24, 2025 | Buy | +5,000 | $0.60 | $3.00K | 358,785 |
| David Colpman Director | Nov 17, 2025 | Buy | +15,500 | $0.74 | $11.47K | 18,598 |
| C. Randal Mills PRESIDENT AND CEO, Director | Nov 13, 2025 | Buy | +3,500 | $0.76 | $2.66K | 353,785 |
| C. Randal Mills PRESIDENT AND CEO, Director | Nov 13, 2025 | Buy | +5,000 | $0.74 | $3.70K | 345,285 |
| C. Randal Mills PRESIDENT AND CEO, Director | Nov 13, 2025 | Buy | +5,000 | $0.75 | $3.75K | 350,285 |
| C. Randal Mills PRESIDENT AND CEO, Director | Sep 10, 2025 | Option exercise | +27,083 | – | – | 348,250 |
| C. Randal Mills PRESIDENT AND CEO, Director | Sep 10, 2025 | Tax withholding | −9,664 | $1.36 | $13.14K | 338,586 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Sep 10, 2025 | Option exercise | +12,500 | – | – | 97,335 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Sep 10, 2025 | Tax withholding | −3,950 | $1.36 | $5.37K | 93,385 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Sep 10, 2025 | Tax withholding | −10,348 | $1.36 | $14.07K | 369,069 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Sep 10, 2025 | Option exercise | +29,000 | – | – | 379,417 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 21, 2025 | Tax withholding | −8,019 | $1.81 | $14.51K | 321,167 |
| C. Randal Mills PRESIDENT AND CEO, Director | Jun 21, 2025 | Option exercise | +22,473 | – | – | 329,186 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Jun 10, 2025 | Tax withholding | −4,461 | $1.99 | $8.88K | 350,417 |
| Matthew Ferguson CHIEF FINANCIAL OFFICER | Jun 10, 2025 | Option exercise | +12,500 | – | – | 354,878 |
| Michelle LeRoux Williams CHIEF SCIENTIFIC OFFICER | Jun 10, 2025 | Tax withholding | −3,951 | $1.99 | $7.86K | 84,835 |
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 |
|---|---|---|---|---|---|
| Matthew Zuga William Former Director | Dec 23, 2025 | 12,613 | $6.94K | Dec 23, 2025 | Series A Financings, IPO and PIPE |