908 Devices (MASS)

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)	45.20 mm	45.20 mm	45.20 mm	45.20 mm	45.20 mm	45.20 mm
Cash burn (monthly)	19.86 mm	7.33 mm	10.07 mm	5.14 mm	(no burn)	1.24 mm
Cash used (since last report)	55.59 mm	20.52 mm	28.20 mm	14.39 mm	n/a	3.48 mm
Cash remaining	-10.39 mm	24.67 mm	17.00 mm	30.80 mm	n/a	41.71 mm
Runway (months of cash)	-0.5	3.4	1.7	6.0	n/a	33.5

Beta Read what these cash burn values mean

Financial data from 908 Devices earnings reports.

Institutional ownership, Q3 2024

MASS institutional ownership history Ownership history

79.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	89	93	-4.3%
Opened positions	12	28	-57.1%
Closed positions	16	13	+23.1%
Increased positions	34	28	+21.4%
Reduced positions	25	24	+4.2%

13F shares	Current	Prev Q	Change
Total value	64.42 bn	100.00 bn	-35.6%
Total shares	25.58 mm	26.46 mm	-3.3%
Total puts	22.00 k	4.90 k	+349.0%
Total calls	14.10 k	14.80 k	-4.7%
Total put/call ratio	1.6	0.3	+371.3%

Largest owners	Shares	Value	Change
Arch Venture Fund VII	5.73 mm	$18.61 mm	0.0%
ARK Investment Management	3.22 mm	$11.17 bn	-18.2%
BLK BlackRock	1.88 mm	$6.54 bn	NEW
Vanguard	1.88 mm	$6.52 bn	+1.9%
AMP Ameriprise Financial	1.84 mm	$6.39 bn	-2.1%
AWM Investment	1.57 mm	$5.46 bn	+55.6%
Alger Associates	1.23 mm	$7.28 mm	0.0%
Granahan Investment Management	861.43 k	$2.99 bn	-6.3%
Fred Alger Management	820.45 k	$2.85 bn	-18.5%
Tao Capital Management	568.98 k	$1.97 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	1.88 mm	+1.88 mm	NEW
BLK BlackRock	0.00	-1.69 mm	EXIT
Iron Triangle Partners	0.00	-728.87 k	EXIT
ARK Investment Management	3.22 mm	-718.08 k	-18.2%
AWM Investment	1.57 mm	+562.87 k	+55.6%
Millennium Management	131.52 k	-486.79 k	-78.7%
Fred Alger Management	820.45 k	-185.79 k	-18.5%
Dimensional Fund Advisors	397.04 k	+151.86 k	+61.9%
Renaissance Technologies	322.40 k	+126.90 k	+64.9%
Nuveen Asset Management	204.37 k	+97.42 k	+91.1%

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

MASS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Dec 24	Christopher D. Brown	Common Stock	Option exercise	Acquire M	No	No	1.58	55,131	87.11 k	946,453
19 Dec 24	Christopher D. Brown	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.58	55,131	87.11 k	0
13 Dec 24	Kevin J. Knopp	Common Stock	Option exercise	Acquire M	No	No	1.58	110,626	174.79 k	667,025
13 Dec 24	Kevin J. Knopp	Common Stock	Option exercise	Acquire M	No	No	1.75	47,418	82.98 k	556,399
13 Dec 24	Kevin J. Knopp	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.58	110,626	174.79 k	0
13 Dec 24	Kevin J. Knopp	Stock Option Common Stock	Option exercise	Dispose M	No	No	1.75	47,418	82.98 k	0
25 Jun 24	Michele M. Leonhart	Stock Option (option to buy) Common Stock, par value $0.001	Grant	Acquire A	No	No	5.14	26,810	137.80 k	26,810
25 Jun 24	Michele M. Leonhart	RSU Common Stock, par value $0.001	Grant	Acquire A	No	No	0	19,456	0.00	19,456