ADPT — Adaptive Biotechnologies Corp

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Adaptive Biotechnologies Corp

Adaptive Biotechnologies Corporation, a commercial-stage company, develops an immune medicine platform for the diagnosis and treatment of various diseases. The company offers immunosequencing platform which combines a suite of proprietary chemistry, computational biology, and machine learning to generate clinical immunomics data to decode the adaptive immune system. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$14.13
Market Cap$2.22B
Float125.4M
Shares Outstanding160.0M
Price/Sales (TTM)7.51
vs. Analyst Target+42.6% to analyst PT
Profit Margin-16.82%
Operating Margin (TTM)-27.10%
Revenue (TTM)$295M
Dividend RateNone
Analyst Target Price$20.14 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $98.4M -$146M $75.9M -$144M
2021 $154M -$207M $105M -$193M
2022 $185M -$200M $127M -$175M
2023 $170M -$225M $94.7M -$189M
2024 $179M -$159M $107M -$129M
2025 $277M -$59.5M $206M -$29.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $58.9M -$25.6M
Sep 2025 $94.0M $9.5M
Dec 2025 $71.7M -$13.6M
Mar 2026 $70.9M -$20.0M

Ownership & Float

Insider Ownership1.8%
Institutional Ownership96.5%
Short Float6.7%
% of All Funds Holding3.26%
Number of Funds Holding268

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$13.75Near-term / short-term trend
Weekly40-Week SMA$15.13Medium-term trend
Weekly80-Week SMA$11.92Cyclical trend (business cycle)
Weekly200-Week SMA$8.39Secular trend (multi-year)
Monthly10-Month SMA$15.80Near-term monthly trend
Monthly20-Month SMA$11.85Medium-term monthly trend
Monthly40-Month SMA$8.62Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$19.20 resistance 1.29x 4 months ago
$12.90 support 1.05x 7 months ago
$10.10 support 1.22x 8 months ago
$9.60 support 1.27x 10 months ago
$7.50 support 1.59x 11 months ago

Historical Earnings Reactions (29 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.73% 0.38% 55.17% 19.70% -10.72%
1 Day 2.59% 0.95% 62.07% 33.70% -18.18%
1 Week -1.34% -0.46% 48.28% 22.69% -25.62%
2 Weeks -3.14% -1.73% 48.28% 22.96% -31.89%
1 Month -1.36% -1.32% 46.43% 35.60% -36.19%

Next earnings: July 24, 2026 (58 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.02% 51.4% 325
Tuesday 0.04% 49.9% 359
Wednesday 0.27% 50.4% 355
Thursday -0.07% 45.8% 347
Friday 0.00% 46.4% 349

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 96.5%

Insider Transactions — Smart Summary

Total insider ownership: 1.8%

Founder-led management: Chad Robins (Co-Founder, CEO & Chairman), Harlan Robins (Co-Founder & Chief Scientific Officer)

12-Month Insider Activity Summary

Total Filings48
Net Value-$46.1M
Net Shares Change-2,406,174
% of Float-1.9%
C-Suite Filings45
Clusters Detected6

Key Insiders

NameTitleNet ValueFilingsActivity
ROBINS CHAD M CEO and Chairman -$8.0M 2 N/A
ROBINS HARLAN S Chief Scientific Officer -$6.2M 1 N/A
RUBINSTEIN JULIE President and COO -$2.1M 1 N/A
PISKEL KYLE Chief Financial Officer -$1.9M 1 N/A
LO FRANCIS Chief People Officer -$905,223.58 2 N/A
BENZENO SHARON Chief Commercial Ofc Imm Med -$831,066.51 1 N/A
HERSHBERG ROBERT -$367,488 1 1 sell
GRIFFIN MICHELLE RENEE -$214,130.54 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-11-12 – 2025-11-24 4 4 -$7.1M 4 C-suite
2025-12-01 – 2025-12-12 5 5 -$6.1M 4 C-suite
2026-01-06 – 2026-01-14 6 4 -$3.0M 6 C-suite
2026-02-04 – 2026-02-06 3 3 -$3.1M 3 C-suite
2026-03-04 – 2026-03-18 14 8 -$20.1M 12 C-suite
2026-04-08 – 2026-04-21 7 4 -$4.1M 7 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-13 GRIFFIN MICHELLE RENEE -$214,130.54 Transaction at $13.91, now +1.6%
2025-12-12 HERSHBERG ROBERT -$367,488 Transaction at $16.00, now -11.7%
2026-03-13 ROBINS HARLAN S Chief Scientific Officer -$6.2M Transaction at $13.17, now +7.3%
2026-03-13 ROBINS CHAD M CEO and Chairman -$6.2M Transaction at $13.17, now +7.3%
2026-03-13 RUBINSTEIN JULIE President and COO -$2.1M Transaction at $9.88, now +43.0%
2026-03-13 BENZENO SHARON Chief Commercial Ofc Imm Med -$831,066.51 Transaction at $13.17, now +7.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Adaptive Biotechnologies Corp (ADPT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ADPT on Trend Edge →