Accolade (ACCD)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	173.32 mm	173.32 mm	173.32 mm	173.32 mm	173.32 mm	173.32 mm
Cash burn (monthly)	5.13 mm	9.91 mm	8.38 mm	7.82 mm	(no burn)	(no burn)
Cash used (since last report)	19.29 mm	37.24 mm	31.51 mm	29.39 mm	n/a	n/a
Cash remaining	154.03 mm	136.08 mm	141.81 mm	143.93 mm	n/a	n/a
Runway (months of cash)	30.0	13.7	16.9	18.4	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Accolade earnings reports.

Institutional ownership, Q2 2024

ACCD institutional ownership history Ownership history

86.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	149	132	+12.9%
Opened positions	44	33	+33.3%
Closed positions	27	18	+50.0%
Increased positions	49	40	+22.5%
Reduced positions	32	38	-15.8%

13F shares	Current	Prev Q	Change
Total value	230.58 bn	599.26 bn	-61.5%
Total shares	69.61 mm	61.82 mm	+12.6%
Total puts	496.10 k	285.20 k	+73.9%
Total calls	60.00 k	104.90 k	-42.8%
Total put/call ratio	8.3	2.7	+204.1%

Largest owners	Shares	Value	Change
BLK BlackRock	6.16 mm	$22.05 bn	+8.8%
ARK Investment Management	5.64 mm	$20.20 bn	+0.5%
Brown Advisory	5.45 mm	$19.52 bn	-6.7%
Capital Management, L.L.C. AH	5.40 mm	$19.33 bn	NEW
Vanguard	4.12 mm	$14.75 bn	-23.7%
Andreessen Horowitz Fund IV	3.78 mm	$0.00	0.0%
Deerfield Management	3.48 mm	$12.44 bn	NEW
JPM JPMorgan Chase & Co.	2.96 mm	$10.59 bn	-44.5%
Millennium Management	2.62 mm	$9.39 bn	NEW
Rock Springs Capital Management	2.29 mm	$8.20 bn	-35.3%

Largest transactions	Shares	Bought/sold	Change
Capital Management, L.L.C. AH	5.40 mm	+5.40 mm	NEW
BLVGF Bellevue	842.58 k	-3.96 mm	-82.5%
Deerfield Management	3.48 mm	+3.48 mm	NEW
Millennium Management	2.62 mm	+2.62 mm	NEW
JPM JPMorgan Chase & Co.	2.96 mm	-2.37 mm	-44.5%
Prosight Management	1.49 mm	+1.49 mm	NEW
Vanguard	4.12 mm	-1.28 mm	-23.7%
Rock Springs Capital Management	2.29 mm	-1.25 mm	-35.3%
Gilder Gagnon Howe & Co	0.00	-920.71 k	EXIT
Clearline Capital	830.78 k	+830.78 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ACCD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Dec 24	Singh Rajeev	Common Stock	Sell	Dispose S	No	No	3.432	381	1.31 k	815,851
17 Dec 24	Cavanaugh Robert N	Common Stock	Sell	Dispose S	No	No	3.432	156	535.39	213,295
17 Dec 24	Stephen H. Barnes	Common Stock	Sell	Dispose S	No	No	3.432	123	422.14	220,463
16 Dec 24	Michael W Hilton	Common Stock	Option exercise	Acquire M	No	No	0	332	0.00	150,946
16 Dec 24	Michael W Hilton	RSU Common Stock	Option exercise	Dispose M	No	No	0	332	0.00	0
16 Dec 24	Singh Rajeev	Common Stock	Option exercise	Acquire M	No	No	0	933	0.00	816,232
16 Dec 24	Singh Rajeev	RSU Common Stock	Option exercise	Dispose M	No	No	0	933	0.00	5,597
16 Dec 24	Cavanaugh Robert N	Common Stock	Option exercise	Acquire M	No	No	0	510	0.00	213,451
16 Dec 24	Cavanaugh Robert N	RSU Common Stock	Option exercise	Dispose M	No	No	0	510	0.00	3,061
16 Dec 24	Stephen H. Barnes	Common Stock	Option exercise	Acquire M	No	No	0	415	0.00	220,586