NERVNasdaqPharmaceutical PreparationsFiscal year ends December 31
Minerva Neurosciences, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$2.32−0.03 (-1.28%)
Close on Oct 19, 2026
- Market cap
- $183.52M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.6%
42M of 48M shares
Institutional holders
58
24 new, 8 sold out
Net institutional buying
8M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
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 |
|---|---|---|---|---|
| Federated Hermes, Inc. | 9,392,275 | 19.86% | 13G (passive) | Dec 22, 2025 |
| Thomas R. Donahue | 8,690,926 | 17.17% | 13G (passive) amendment | Jun 30, 2026 |
| Vivo Opportunity Fund Holdings, L.P. | 8,591,572 | 9.99% | 13G (passive) | Dec 23, 2025 |
| Gehani, Varun N. | 4,730,000 | 9.70% | 13G (passive) amendment | Jun 30, 2026 |
| Bam Gp LLC | 4,654,212 | 9.99% | 13G (passive) amendment | Jun 30, 2026 |
| Coastlands Capital LP | 4,563,031 | 9.99% | 13G (passive) | Feb 13, 2026 |
| Patel, Rajiv A. | 4,539,854 | 9.99% | 13G (passive) | Dec 22, 2025 |
| Warren, John R. | 4,539,854 | 9.99% | 13G (passive) amendment | Dec 31, 2025 |
| William Arsani | 4,435,444 | 9.90% | 13G (passive) | Dec 23, 2025 |
| Janus Henderson Group PLC | 4,307,759 | 9.90% | 13G (passive) | Mar 31, 2026 |
| Phillip Gross | 2,838,000 | 6.35% | 13G (passive) | Dec 31, 2025 |
| Voting Shares Irrevocable Trust | 1,351,275 | 19.32% | 13D (active) | Oct 21, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NERV | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Federated Hermes, Inc. | 4,670,426 | 9.78% | $25.92M | −442,798 | 0.04% |
| Jupiter Topco LLC | 4,386,027 | 9.19% | $24.32M | New | 0.01% |
| Vivo Capital, LLC | 4,322,747 | 9.05% | $23.99M | – | 2.19% |
| Balyasny Asset Management L.P. | 4,257,000 | 8.92% | $23.63M | −1,600 | 0.03% |
| Logos Global Management LP | 3,288,777 | 6.89% | $18.25M | +73,777 | 0.79% |
| Farallon Capital Management LLC | 2,365,000 | 4.95% | $13.13M | – | 0.06% |
| BlackRock, Inc. | 2,240,578 | 4.69% | $12.44M | +1,615,721 | 0.00% |
| Ally Bridge Group (NY) LLC | 2,175,802 | 4.56% | $12.08M | +520,302 | 10.68% |
| Foresite Capital Management VI LLC | 1,985,584 | 4.16% | $11.02M | −1,016 | 1.71% |
| Vanguard Capital Management LLC | 1,892,807 | 3.96% | $10.51M | +46,976 | 0.00% |
| Spruce Street Capital LP | 1,655,500 | 3.47% | $9.19M | – | 1.80% |
| Trails Edge Capital Partners, LP | 1,419,000 | 2.97% | $7.88M | – | 1.25% |
| Adage Capital Partners Gp, L.L.C. | 1,419,000 | 2.97% | $7.88M | – | 0.01% |
| Seven Fleet Capital Management LP | 1,001,373 | 2.10% | $5.56M | +752,897 | 0.92% |
| Geode Capital Management, LLC | 974,236 | 2.04% | $5.41M | +635,501 | 0.00% |
| Dv Equities, LLC | 754,397 | 1.58% | $4.19M | New | 0.60% |
| Acuta Capital Partners, LLC | 709,500 | 1.49% | $3.94M | – | 2.74% |
| Millennium Management LLC | 533,602 | 1.12% | $2.96M | −174,689 | 0.00% |
| State Street Corp | 424,915 | 0.89% | $2.36M | +368,566 | 0.00% |
| Vanguard Fiduciary Trust Co | 302,604 | 0.63% | $1.68M | +38,557 | 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 | 58 | 42M | 88.6% | 24 / 15 | 9 / 8 | 10M | 2M |
| Q1 2026 | 44 | 38M | 80.2% | 18 / 8 | 8 / 3 | 17M | 2M |
| Q4 2025 | 30 | 23M | 48.3% | 13 / 8 | 4 / 5 | 21M | 0M |
| Q3 2025 | 22 | 2M | 4.1% | 5 / 3 | 4 / 2 | 0M | 0M |
| Q2 2025 | 19 | 2M | 4.1% | 3 / 4 | 5 / 4 | 0M | 0M |
| Q1 2025 | 20 | 2M | 4.1% | 2 / 4 | 4 / 3 | 0M | 0M |
| Q4 2024 | 21 | 2M | 4.4% | 4 / 3 | 4 / 3 | 0M | 0M |
| Q3 2024 | 20 | 2M | 4.4% | 3 / 4 | 4 / 2 | 0M | 0M |
| Q2 2024 | 20 | 2M | 4.4% | 0 / 4 | 6 / 0 | 0M | 0M |
| Q1 2024 | 20 | 2M | 4.4% | 2 / 8 | 3 / 1 | 0M | 0M |
| Q4 2023 | 19 | 2M | 5.1% | 2 / 3 | 4 / 2 | 0M | 0M |
| Q3 2023 | 19 | 2M | 5.0% | 2 / 6 | 5 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NERV | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,319,143 | 2.76% | $7.32M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 651,463 | 1.36% | $3.62M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 511,673 | 1.07% | $2.84M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 370,368 | 0.78% | $1.47M | 0.00% | Jul 31, 2026 |
| Federated Hermes Kaufmann Small Cap Fund | 269,435 | 0.56% | $1.07M | 0.04% | Jul 31, 2026 |
| Federated Hermes Kaufmann Fund | 225,722 | 0.47% | $898.37K | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 220,170 | 0.46% | $1.22M | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 152,543 | 0.32% | $748.99K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 113,626 | 0.24% | $630.62K | 0.04% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 92,757 | 0.19% | $514.80K | 0.00% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 82,625 | 0.17% | $328.85K | 0.00% | Jul 31, 2026 |
| Fidelity Total Market Index Fund | 81,021 | 0.17% | $397.81K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 65,680 | 0.14% | $322.49K | 0.00% | May 31, 2026 |
| Master Small Cap Index Series | 63,647 | 0.13% | $353.24K | 0.01% | Jun 30, 2026 |
| Nuveen Small Cap Blend Index Fund | 45,478 | 0.10% | $181.00K | 0.00% | Jul 31, 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 |
|---|---|---|---|---|
| Remy Luthringer | CEO, Director | 184,819 | 0.39% | Jun 5, 2026 |
| Anthony Aliquo | Chief Accounting Officer | 1,683 | 0.00% | Aug 20, 2026 |
| Joseph H. Reilly | Chief Operating Officer | 20,872 | 0.04% | Aug 20, 2026 |
| Frederick W. Ahlholm | SVP, CFO and Secretary | 17,518 | 0.04% | Jun 5, 2026 |
| James Joseph O'Connor | Chief Business Officer and GC | – | – | Apr 22, 2026 |
| Geoff Race | President | 51,324 | 0.11% | Dec 23, 2025 |
| Inderjit Kaul | Director | – | – | Aug 3, 2026 |
| David Kupfer | Director | 191,488 | 0.40% | Jun 5, 2026 |
| Hans Peter Hasler | Director | 10,000 | 0.02% | Jun 5, 2026 |
| Heek G. Jan Van | Director | 20,333 | 0.04% | Jun 5, 2026 |
| Fouzia Laghrissi-Thode | Director | 0 | – | Jun 5, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Remy Luthringer CEO, Director | May 2, 2023 | Sale | −3,641 | $3.76 | $13.69K | 68,994 |
| Frederick W. Ahlholm SVP, CFO and Secretary | May 1, 2023 | Sale | −3,580 | $4.48 | $16.04K | 17,518 |
| Remy Luthringer CEO, Director | May 1, 2023 | Sale | −23,753 | $3.85 | $91.45K | 72,635 |
| Geoff Race President | May 1, 2023 | Sale | −22,082 | $3.85 | $85.02K | 51,324 |
| Frederick W. Ahlholm SVP, CFO and Secretary | Apr 28, 2023 | Award | +19,843 | – | – | 21,098 |
| Remy Luthringer CEO, Director | Apr 28, 2023 | Award | +88,077 | – | – | 96,388 |
| Geoff Race President | Apr 28, 2023 | Award | +46,987 | – | – | 73,406 |
| David Kupfer Director | Dec 1, 2021 | Sale | −55,635 | $0.88 | $48.96K | 163,553 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 16, 2020 | Sale | −3,228 | $2.64 | $8.52K | 31,747 |
| Remy Luthringer CEO, Director | Dec 16, 2020 | Sale | −1,300 | $2.64 | $3.43K | 66,490 |
| Geoff Race EVP, CFO & CBO | Dec 16, 2020 | Sale | −6,190 | $2.64 | $16.34K | 211,354 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 16, 2020 | Sale | −1,845 | $2.64 | $4.87K | 10,039 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 14, 2020 | Option exercise | +8,750 | – | – | 34,975 |
| Remy Luthringer CEO, Director | Dec 14, 2020 | Option exercise | +18,750 | – | – | 67,790 |
| Geoff Race EVP, CFO & CBO | Dec 14, 2020 | Option exercise | +12,500 | – | – | 217,544 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 14, 2020 | Option exercise | +5,000 | – | – | 11,884 |
| Heek G. Jan Van Director | Sep 10, 2020 | Buy | +7,000 | $2.97 | $20.79K | 20,333 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | May 26, 2020 | Sale(10b5-1 plan) | −8,339 | $15.00 | $125.09K | 6,884 |
| Remy Luthringer CEO, Director | Dec 17, 2019 | Sale | −2,412 | $7.10 | $17.13K | 49,040 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 17, 2019 | Sale | −2,724 | $7.10 | $19.34K | 26,225 |
| Geoff Race EVP, CFO & CBO | Dec 17, 2019 | Sale | −5,826 | $7.10 | $41.36K | 205,044 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 17, 2019 | Sale | −1,557 | $7.10 | $11.05K | 15,223 |
| Remy Luthringer CEO, Director | Dec 14, 2019 | Option exercise | +18,750 | – | – | 51,452 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 14, 2019 | Option exercise | +8,750 | – | – | 28,949 |
| Geoff Race EVP, CFO & CBO | Dec 14, 2019 | Option exercise | +12,500 | – | – | 210,870 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 14, 2019 | Option exercise | +5,000 | – | – | 16,780 |
| Richard E. Russell President | Dec 12, 2019 | Sale | −3,113 | $7.42 | $23.10K | 33,770 |
| William F. Doyle Director | Jun 27, 2019 | Buy | +3,500 | $5.50 | $19.25K | 26,111 |
| Hans Peter Hasler Director | Jun 26, 2019 | Buy | +10,000 | $5.60 | $56.00K | 10,000 |
| Jeryl L. Hilleman Director | Jun 26, 2019 | Buy | +1,000 | $5.25 | $5.25K | 1,000 |
| David Kupfer Director | Jun 26, 2019 | Buy | +10,000 | $5.55 | $55.50K | 219,188 |
| Heek G. Jan Van Director | Jun 26, 2019 | Buy | +10,000 | $5.37 | $53.70K | 13,333 |
| Venture Associates IV Ltd Index 10% owner | Jun 24, 2019 | Sale | −197,000 | $6.01 | $1.18M | 3,899,189 |
| Venture Associates III Ltd Index 10% owner | Jun 20, 2019 | Sale | −33,575 | $4.34 | $145.72K | 4,096,189 |
| Venture Associates III Ltd Index 10% owner | Jun 19, 2019 | Sale | −77,243 | $4.44 | $342.96K | 4,129,764 |
| Venture Associates V. Ltd Index 10% owner | Jun 18, 2019 | Sale | −49,675 | $4.44 | $220.56K | 4,207,007 |
| Venture Associates V. Ltd Index 10% owner | Jun 17, 2019 | Sale | −56,243 | $4.45 | $250.28K | 4,256,682 |
| Venture Associates V. Ltd Index 10% owner | Jun 14, 2019 | Sale | −25,169 | $4.50 | $113.26K | 4,312,925 |
| Venture Associates V. Ltd Index 10% owner | Jun 13, 2019 | Sale | −53,298 | $4.51 | $240.37K | 4,338,094 |
| Venture Associates III Ltd Index 10% owner | Jun 12, 2019 | Sale | −26,901 | $4.57 | $122.94K | 4,391,392 |
| Venture Associates III Ltd Index 10% owner | Jun 11, 2019 | Sale | −33,150 | $4.78 | $158.46K | 4,418,293 |
| Venture Associates IV Ltd Index 10% owner | May 20, 2019 | Sale | −200 | $6.08 | $1.22K | 4,451,443 |
| Venture Associates IV Ltd Index 10% owner | May 17, 2019 | Sale | −22,718 | $6.02 | $136.76K | 4,451,643 |
| Venture Associates IV Ltd Index 10% owner | May 16, 2019 | Sale | −44,836 | $6.37 | $285.61K | 4,474,361 |
| Venture Associates IV Ltd Index 10% owner | May 15, 2019 | Sale | −53,418 | $6.64 | $354.70K | 4,519,197 |
| Venture Associates IV Ltd Index 10% owner | May 14, 2019 | Sale | −36,574 | $7.05 | $257.85K | 4,572,615 |
| William F. Doyle Director | Dec 20, 2018 | Buy | +2,000 | $6.50 | $13.00K | 22,611 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 17, 2018 | Sale | −2,728 | $7.46 | $20.35K | 20,199 |
| Remy Luthringer CEO, Director | Dec 17, 2018 | Sale | −2,604 | $7.46 | $19.43K | 32,702 |
| Geoff Race EVP, CFO & CBO | Dec 17, 2018 | Sale | −5,999 | $7.46 | $44.75K | 198,370 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 17, 2018 | Sale | −1,559 | $7.46 | $11.63K | 11,780 |
| Joseph H. Reilly SVP & Chief Operating Officer | Dec 14, 2018 | Option exercise | +8,750 | – | – | 22,927 |
| Remy Luthringer CEO, Director | Dec 14, 2018 | Option exercise | +18,750 | – | – | 35,306 |
| Geoff Race EVP, CFO & CBO | Dec 14, 2018 | Option exercise | +12,500 | – | – | 204,369 |
| Frederick W. Ahlholm SVP, Chief Accounting Officer | Dec 14, 2018 | Option exercise | +5,000 | – | – | 13,339 |
| Richard E. Russell President | Dec 12, 2018 | Sale | −3,117 | $7.96 | $24.81K | 36,883 |
| William F. Doyle Director | Dec 11, 2018 | Buy | +4,000 | $7.95 | $31.80K | 20,611 |
| William F. Doyle Director | Dec 10, 2018 | Buy | +2,000 | $8.00 | $16.00K | 16,611 |
| William F. Doyle Director | Nov 20, 2018 | Buy | +2,000 | $8.20 | $16.40K | 14,611 |
| William F. Doyle Director | Oct 11, 2018 | Buy | +600 | $10.00 | $6.00K | 12,611 |
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 |
|---|---|---|---|---|---|
| Federated Hermes Kaufmann Fund, a portfolio of Federated Hermes Equity Funds 10% Stockholder | Mar 31, 2026 | 63,616 | $508.93K | Mar 31, 2026 | Secondary Offering/Open Market |
| Federated Hermes Kaufmann Small Cap Fund, a portfolio of Federated Hermes Equity Funds 10% Stockholder | Mar 31, 2026 | 39,676 | $317.41K | Mar 31, 2026 | Secondary Offering/Open Market |
| Federated Hermes Kaufmann Fund II, a portfolio of Federated Hermes Insurance Series 10% Stockholder | Mar 31, 2026 | 17,596 | $140.77K | Mar 31, 2026 | Secondary Offering/Open Market |
| Federated Hermes Kaufmann Fund II, a portfolio of Federated Hermes Insurance Series 10% Stockholder | Mar 10, 2026 | 12,456 | $99.65K | Mar 10, 2026 | Secondary Offering/Open Market |
| Federated Hermes Kaufmann Small Cap Fund, a portfolio of Federated Hermes Equity Funds 10% Stockholder | Mar 10, 2026 | 264,615 | $2.12M | Mar 10, 2026 | Secondary Offering/Open Market |
| Federated Hermes Kaufmann Fund, a portfolio of Federated Hermes Equity Funds 10% Stockholder | Mar 10, 2026 | 424,278 | $3.39M | Mar 10, 2026 | Secondary Offering/Open Market |