Congress trades

Arcutis Biotherapeutics, Inc. (ARQT)

NASDAQ · Healthcare · 6 congress trades · last filed 5 months ago

6
Congress disclosures shown
32d
Median delay on the congress disclosures
of the 45 day limit
4 buys·2 sells
Purchases and sales in the disclosures shown
Get a push when a member of Congress trades ARQT.

Free on iOS and Android.

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
-

www.arcutis.com

Earnings

6 reported quarters · next on Nov 4, 2026
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q2 FY2026reported Aug 5, 2026$0.11$0.06$129.9M$118.9MEPS beat, GAAPRevenue beat
Q1 FY2026reported May 6, 2026-$0.09-$0.02$105.4M$103.7MEPS miss, GAAPRevenue beat
Q4 FY2025reported Feb 25, 2026$0.13$0.03$129.5M$113.1MEPS beatRevenue beat
Q3 FY2025reported Oct 28, 2025$0.06-$0.10$99.2M$110.8MEPS beat, GAAPRevenue miss
Q2 FY2025reported Aug 6, 2025-$0.13-$0.18$81.5M$80.6MEPS beat, GAAPRevenue in line
Q1 FY2025reported May 6, 2025-$0.20-$0.21$65.8M$72.7MEPS 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
ExecutiveSalaryStock awardsOtherTotal
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
HolderValueSharesShares vs prior qtr% of shares out
Montanova Capital, LLC$326.1M12,437,000+0.9%9.53%
BlackRock, Inc.$276.5M10,545,466+14.6%8.08%
Frazier Life Sciences Management, L.P.$258.9M9,874,5110.0%7.57%
Rubric Capital Management LP$216.9M8,271,5770.0%6.34%
Polar Capital Holdings PLC$173.2M6,606,945+16.6%5.06%
State Street Corp$152.7M5,822,840-7.5%4.50%
Vanguard Capital Management LLC$130.8M4,988,756+2.4%3.82%
Morgan Stanley$116.7M4,451,014+5.5%3.41%
Jennison Associates LLC$110.6M4,219,058-15.3%3.23%
D. E. Shaw & Co., Inc.$103.6M3,949,609+58.2%3.03%
UBS Group AG$87.4M3,333,015+0.1%2.55%
Bank of America Corp$78.3M2,987,431+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
ManagerValueSharesShare of book
Montanova Capitalformerly Suvretta$326.1M12,437,0006.0%
OrbiMed$53.5M2,042,0001.0%

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.

Know when the next ARQT filing is reported.

GetSignal watches Form 4 and STOCK Act filings and pushes each one to your phone as it is published, with the history behind it. Free on iOS and Android.

Congress trades in ARQT

6 disclosures of 6 on record · median 32d of the 45 allowed

Since 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.

MemberTypeActionAmount disclosedStock since the tradeTrade dateDisclosedDelay
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+45.4%S&P 500 +0.4% · +44.9 pts vs S&P 500May 29, 2026Jun 8, 202610d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+32.2%S&P 500 +11.6% · +20.6 pts vs S&P 500Mar 3, 2026Apr 7, 202635d
Gilbert Ray Cisneros, Jr.StockSale$1,001 - $15,000+5.9%After the saleS&P 500 +10.2% · -4.4 pts vs S&P 500Dec 11, 2025Jan 12, 202632d
Josh GottheimerJointStockSale$1,001 - $15,000+358.2%After the saleS&P 500 +70.9% · +287.2 pts vs S&P 500Sep 15, 2023Oct 15, 202330d
Josh GottheimerJointStockPurchase$1,001 - $15,000+123.2%S&P 500 +83.7% · +39.5 pts vs S&P 500Apr 17, 2023May 19, 202332d
Josh GottheimerJointStockPurchase$1,001 - $15,000+51.8%S&P 500 +100.4% · -48.6 pts vs S&P 500Jun 15, 2022Jul 22, 202237d

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.

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, 2026

2 members report a position (estimated). The largest estimated position is in the $50,001 - $100,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
Gilbert Ray Cisneros, Jr.Democrat · House$50,001 - $100,0000.2%
Josh GottheimerDemocrat · 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

$A range, not an amount. Members disclose a band such as $1,001 to $15,000. The band is the filing, and we do not narrow it.
45Up to 45 days after the trade, lawfully. The delay column counts calendar days from the transaction to its publication. Inside 45 days is within the law.
OPAn option names the underlying. A contract on a company is described using that company's name, so it can read like a share purchase. Those rows say otherwise.

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.

Related companies

traded by the same members

See every company we track