Precision Biosciences
DTIL on Nasdaq. Biological products, (no diagnostic substances). Market value $174m.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
Nothing stands out yet.
See Health care stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $-30.35 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: 40 of 100. Price score: 0 of 100. Our list needs 70 on quality and 60 on price.
$6.20 a share, 76% above its 1-year low
Over the past year the price has ranged from $3.53 to $9.62.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $116m | $25m | $49m | $69m | $34m |
| Operating margin | |||||
| Operating margin | -34.1% | -248.3% | -89.8% | -38.1% | -152.2% |
| Debt to equity | |||||
| Debt to equity | 0.03 | 0.37 | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.11bn | 0.12bn | 0.01bn | 0.01bn | 0.03bn |
Health checks
- Free cash flow positive0 of 5 years
- Accounting checksSkipped: company is not yet profitable
- DebtUnknown
- Revenue growth, five yearsSlow, 7.1% a year
- Buying back its own sharesYes, 75% fewer since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $0 last quarter, down 100% on a year ago.
- A loss of $33 million, compared with a loss of $24 million a year ago.
- It loses 81 cents on each $1 of sales, compared with 7146 cents a year earlier.
- Over the past 12 months it spent $52 million more cash than it brought in, compared with $64 million a year earlier.
- 134% more shares than a year ago. Each share owns a bit less of the company.
- Sales grew on a year ago in 2 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $576,000 |
| December 2024 | $638,000 |
| March 2025 | $29,000 |
| June 2025 | $18,000 |
| September 2025 | $13,000 |
| December 2025 | $34m |
| March 2026 | $11m |
| June 2026 | $0 |
| Quarter to | Amount |
|---|---|
| September 2024 | -$16m |
| December 2024 | -$18m |
| March 2025 | -$21m |
| June 2025 | -$24m |
| September 2025 | -$22m |
| December 2025 | $20m |
| March 2026 | -$18m |
| June 2026 | -$33m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 12 March 2026
- Next quarterly (estimated, 10-Q)
- 5 November 2026
Who owns it
None of the long-term investors we follow own it. 95 funds in all.
Largest holders overall
- Aberdeen Group$18m
- Bleichroeder LP$16mAdded
- Octagon Capital Advisors LP$11mCut
- Boothbay Fund Management$11mAdded
- BlackRock$9mAdded
- Vanguard Capital Management$9mAdded
- Lynx1 Capital Management LP$7mCut
- Driehaus Capital Management$7mCut
- Empery Asset Management, LP$6mCut
- Affinity Asset Advisors$5mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
7 investors own more than 5%.
- Octagon Capital Advisors LPPassive investorat least 10.0%(filed with 2 related holders)Since 31 December 2025
- Matthew SmithPassive investorat least 9.4%+0.5 pts(filed with 4 related holders)Since 30 June 2025
- Aberdeen Group plcPassive investorat least 8.9%(filed with 1 related holder)Since 31 December 2025
- Bleichroeder LPPassive investorat least 8.2%−1.5 pts(filed with 2 related holders)Since 31 December 2025
- Lynx1 Capital Management LPPassive investorat least 5.4%+1.3 pts(filed with 1 related holder)Since 13 July 2026
- Empery Asset Management, LPPassive investorat least 5.0%−2.6 pts(filed with 1 related holder)Since 30 June 2026
- Novartis Pharma AGPassive investorat least 3.7%−1.7 pts(filed with 1 related holder)Since 30 June 2025
- Weinstein BenjaminPassive investorSold down below 5%Since 21 August 2026
- Highbridge Capital Management, LLCPassive investorSold down below 5%Since 31 March 2025
- TANG CAPITAL MANAGEMENT, LLCPassive investorSold down below 5%Since 31 December 2025
- Aquilo Capital Management, LLCPassive investorSold down below 5%Since 30 June 2025
- JANUS HENDERSON GROUP PLCPassive investorSold down below 5%Since 31 December 2024
| Holder | Stake | Since | |
|---|---|---|---|
Octagon Capital Advisors LP Passive investor | at least 10.0% (filed with 2 related holders) | 31 December 2025 | |
Matthew Smith Passive investor | at least 9.4%+0.5 pts (filed with 4 related holders) | 30 June 2025 | |
Aberdeen Group plc Passive investor | at least 8.9% (filed with 1 related holder) | 31 December 2025 | |
Bleichroeder LP Passive investor | at least 8.2%−1.5 pts (filed with 2 related holders) | 31 December 2025 | |
Lynx1 Capital Management LP Passive investor | at least 5.4%+1.3 pts (filed with 1 related holder) | 13 July 2026 | |
Empery Asset Management, LP Passive investor | at least 5.0%−2.6 pts (filed with 1 related holder) | 30 June 2026 | |
Novartis Pharma AG Passive investor | at least 3.7%−1.7 pts (filed with 1 related holder) | 30 June 2025 | |
Weinstein Benjamin Passive investor | Sold down below 5% | 21 August 2026 | |
Highbridge Capital Management, LLC Passive investor | Sold down below 5% | 31 March 2025 | |
TANG CAPITAL MANAGEMENT, LLC Passive investor | Sold down below 5% | 31 December 2025 | |
Aquilo Capital Management, LLC Passive investor | Sold down below 5% | 30 June 2025 | |
JANUS HENDERSON GROUP PLC Passive investor | Sold down below 5% | 31 December 2024 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 3 insiders bought $63,215 of shares on the open market. 4 sold $466,167, $466,167 of it under preset trading plans.
- Frankel StanleyDirectorBought
- Date
- 28 September 2026
- Shares
- 1,000
- Price
- $6.00
- Value
- $6,000
- Brown MelindaDirectorBought
- Date
- 25 September 2026
- Shares
- 1,135
- Price
- $6.27
- Value
- $7,116
- Germano Geno JDirectorBought
- Date
- 25 September 2026
- Shares
- 2,609
- Price
- $6.28
- Value
- $16,385
- Amoroso MichaelPresident and CEO, DirectorSoldunder a preset trading plan
- Date
- 18 February 2026
- Shares
- 20,559
- Price
- $3.84
- Value
- $78,947
- Kelly John AlexanderChief Financial OfficerSoldunder a preset trading plan
- Date
- 18 February 2026
- Shares
- 8,149
- Price
- $3.84
- Value
- $31,292
- Scimeca DarioGeneral Counsel and SecretarySoldunder a preset trading plan
- Date
- 18 February 2026
- Shares
- 4,925
- Price
- $3.84
- Value
- $18,912
- SMITH J. JEFFERSONChief Research OfficerSoldunder a preset trading plan
- Date
- 18 February 2026
- Shares
- 4,925
- Price
- $3.84
- Value
- $18,912
- Amoroso MichaelPresident and CEO, DirectorSoldunder a preset trading plan
- Date
- 22 January 2026
- Shares
- 34,799
- Price
- $4.17
- Value
- $145,112
- Scimeca DarioGeneral Counsel and SecretarySoldunder a preset trading plan
- Date
- 21 January 2026
- Shares
- 8,854
- Price
- $4.03
- Value
- $35,682
- Kelly John AlexanderChief Financial OfficerSoldunder a preset trading plan
- Date
- 21 January 2026
- Shares
- 15,213
- Price
- $4.03
- Value
- $61,308
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 28 September 2026 | Frankel Stanley Director | Bought | 1,000 | $6.00 | $6,000 |
| 25 September 2026 | Brown Melinda Director | Bought | 1,135 | $6.27 | $7,116 |
| 25 September 2026 | Germano Geno J Director | Bought | 2,609 | $6.28 | $16,385 |
| 18 February 2026 | Amoroso Michael President and CEO, Director | Sold under a preset trading plan | 20,559 | $3.84 | $78,947 |
| 18 February 2026 | Kelly John Alexander Chief Financial Officer | Sold under a preset trading plan | 8,149 | $3.84 | $31,292 |
| 18 February 2026 | Scimeca Dario General Counsel and Secretary | Sold under a preset trading plan | 4,925 | $3.84 | $18,912 |
| 18 February 2026 | SMITH J. JEFFERSON Chief Research Officer | Sold under a preset trading plan | 4,925 | $3.84 | $18,912 |
| 22 January 2026 | Amoroso Michael President and CEO, Director | Sold under a preset trading plan | 34,799 | $4.17 | $145,112 |
| 21 January 2026 | Scimeca Dario General Counsel and Secretary | Sold under a preset trading plan | 8,854 | $4.03 | $35,682 |
| 21 January 2026 | Kelly John Alexander Chief Financial Officer | Sold under a preset trading plan | 15,213 | $4.03 | $61,308 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 12 Mar 2026, plus the 10-Q filed 6 Aug 2026 and 9 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.