
Congress trades
Arcutis Biotherapeutics, Inc. (ARQT)
NASDAQ · Healthcare · 6 congress trades · last filed 5 months ago
About Arcutis Biotherapeutics, Inc.
from the company's filings and listing, as of Oct 24, 2026- Exchange
- NASDAQ
- Sector
- Healthcare
- Industry
- Biotechnology
- Chief executive
- Todd Franklin Watanabe
- Employees
- 354
- Listed since
- Jan 31, 2020
- Market value
- $3.9B
- Price to earnings (12 mo)
- 141.3
- Net income per share, as reported (12 mo)
- $0.22
- Dividend yield
- -
Earnings
6 reported quarters · next on Nov 4, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 5, 2026 | $0.11 | $0.06 | $129.9M | $118.9M | EPS beat, GAAPRevenue beat |
| Q1 FY2026reported May 6, 2026 | -$0.09 | -$0.02 | $105.4M | $103.7M | EPS miss, GAAPRevenue beat |
| Q4 FY2025reported Feb 25, 2026 | $0.13 | $0.03 | $129.5M | $113.1M | EPS beatRevenue beat |
| Q3 FY2025reported Oct 28, 2025 | $0.06 | -$0.10 | $99.2M | $110.8M | EPS beat, GAAPRevenue miss |
| Q2 FY2025reported Aug 6, 2025 | -$0.13 | -$0.18 | $81.5M | $80.6M | EPS beat, GAAPRevenue in line |
| Q1 FY2025reported May 6, 2025 | -$0.20 | -$0.21 | $65.8M | $72.7M | EPS beat, GAAPRevenue miss |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Apr 21, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Todd Franklin WatanabePresident and Chief Executive Officer | $713K | $2.1M | $4.4M | $7.2M |
| L. Todd EdwardsChief Commercial Officer | $535K | $753K | $1.7M | $3.0M |
| Patrick E. BurnettM.D., Ph.D. Chief Medical Officer | $535K | $753K | $1.7M | $3.0M |
| Masaru Matsuda, J.D.Chief Legal Officer | $495K | $465K | $1.2M | $2.1M |
| Latha Vairavan | $419K | $440K | $1.1M | $1.9M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. 1 executive who has since left the company is named in that filing and not shown here. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| Montanova Capital, LLC | $326.1M | 12,437,000 | +0.9% | 9.53% |
| BlackRock, Inc. | $276.5M | 10,545,466 | +14.6% | 8.08% |
| Frazier Life Sciences Management, L.P. | $258.9M | 9,874,511 | 0.0% | 7.57% |
| Rubric Capital Management LP | $216.9M | 8,271,577 | 0.0% | 6.34% |
| Polar Capital Holdings PLC | $173.2M | 6,606,945 | +16.6% | 5.06% |
| State Street Corp | $152.7M | 5,822,840 | -7.5% | 4.50% |
| Vanguard Capital Management LLC | $130.8M | 4,988,756 | +2.4% | 3.82% |
| Morgan Stanley | $116.7M | 4,451,014 | +5.5% | 3.41% |
| Jennison Associates LLC | $110.6M | 4,219,058 | -15.3% | 3.23% |
| D. E. Shaw & Co., Inc. | $103.6M | 3,949,609 | +58.2% | 3.03% |
| UBS Group AG | $87.4M | 3,333,015 | +0.1% | 2.55% |
| Bank of America Corp | $78.3M | 2,987,431 | +34.5% | 2.29% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Tracked fund managers holding ARQT
2 managers| Manager | Value | Shares | Share of book |
|---|---|---|---|
| Montanova Capitalformerly Suvretta | $326.1M | 12,437,000 | 6.0% |
| OrbiMed | $53.5M | 2,042,000 | 1.0% |
2 of the 97 fund managers we track list ARQT shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.
Congress trades in ARQT
6 disclosures of 6 on record · median 32d of the 45 allowedSince the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 24, 2026), not the member's result. Not investment advice.
| Member | Type | Action | Amount disclosed | Stock since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +45.4%S&P 500 +0.4% · +44.9 pts vs S&P 500 | May 29, 2026 | Jun 8, 2026 | 10d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +32.2%S&P 500 +11.6% · +20.6 pts vs S&P 500 | Mar 3, 2026 | Apr 7, 2026 | 35d |
| Gilbert Ray Cisneros, Jr. | Stock | Sale | $1,001 - $15,000 | +5.9%After the saleS&P 500 +10.2% · -4.4 pts vs S&P 500 | Dec 11, 2025 | Jan 12, 2026 | 32d |
| Josh GottheimerJoint | Stock | Sale | $1,001 - $15,000 | +358.2%After the saleS&P 500 +70.9% · +287.2 pts vs S&P 500 | Sep 15, 2023 | Oct 15, 2023 | 30d |
| Josh GottheimerJoint | Stock | Purchase | $1,001 - $15,000 | +123.2%S&P 500 +83.7% · +39.5 pts vs S&P 500 | Apr 17, 2023 | May 19, 2023 | 32d |
| Josh GottheimerJoint | Stock | Purchase | $1,001 - $15,000 | +51.8%S&P 500 +100.4% · -48.6 pts vs S&P 500 | Jun 15, 2022 | Jul 22, 2022 | 37d |
Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.
A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.
"Not captured" means the band or the transaction type on the original report is missing from our data.
"Dates conflict" marks a row whose disclosure is dated before its trade on the record we hold. Both dates are printed as filed, and no since-the-trade figure is computed from them.
Every Congress trade in ARQT, filterable by party, chamber, type and account.
Members of Congress reporting a position
2 members · estimate, as of Oct 23, 20262 members report a position (estimated). The largest estimated position is in the $50,001 - $100,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| Gilbert Ray Cisneros, Jr. | Democrat · House | $50,001 - $100,000 | 0.2% |
| Josh Gottheimer | Democrat · House | $1,001 - $15,000 | <0.1% |
Estimate, as of Oct 23, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.
Questions
Which members of Congress have traded ARQT?
Gilbert Ray Cisneros, Jr. and Josh Gottheimer disclosed ARQT transactions in the filings shown here.
Which members of Congress hold ARQT?
2 members of Congress report a position in ARQT in the estimate we hold as of Oct 23, 2026. The estimated positions belong to Gilbert Ray Cisneros, Jr. and Josh Gottheimer. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.
How quickly are ARQT trades disclosed?
Congressional disclosures took a median of 32 days, against the 45 the STOCK Act allows.
How to read a STOCK Act filing
WHAT THE FILING ACTUALLY SAYS
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
