Congress trades
Ligand Pharmaceuticals Incorporated (LGND)
About Ligand Pharmaceuticals Incorporated
from the company's filings and listing- Exchange
- NASDAQ
- Sector
- Healthcare
- Industry
- Biotechnology
- Chief executive
- Todd C. Davis
- Employees
- 47
- Listed since
- Nov 18, 1992
- Market value
- $5.8B
- Price to earnings
- 28.8
- Earnings per share
- $9.83
- Dividend yield
- -
Earnings
6 reported quarters · next on Nov 5, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 6, 2026 | $2.37 | $2.01 | $63.7M | $61.3M | EPS beatRevenue beat |
| Q1 FY2026reported May 14, 2026 | $1.63 | $1.84 | $51.7M | $59.1M | EPS missRevenue miss |
| Q4 FY2025reported Feb 26, 2026 | $2.02 | $1.46 | $59.7M | $55.6M | EPS beatRevenue beat |
| Q3 FY2025reported Nov 6, 2025 | $3.09 | $1.97 | $115.5M | $58.7M | EPS beatRevenue beat |
| Q2 FY2025reported Aug 7, 2025 | $1.60 | $1.42 | $47.6M | $43.9M | EPS beatRevenue beat |
| Q1 FY2025reported May 8, 2025 | $1.33 | $1.21 | $45.3M | $38.7M | EPS beatRevenue beat |
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; basis unverified means we could not classify the reported figure. A flag reads n/a only when a number is missing. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for 2024 · proxy filed Apr 22, 2025| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Todd C. DavisChief Executive Officer | $696K | $6.4M | $5.8M | $12.9M |
| Tavo EspinozaChief Financial Officer | $470K | $1.4M | $1.4M | $3.3M |
| Andrew ReardonChief Legal Officer and Secretary | $452K | $1.4M | $1.4M | $3.3M |
The summary compensation table from the 2024 proxy statement, current executives only. 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 | Change | Of company |
|---|---|---|---|---|
| Blackrock, Inc. | $980.2M | 3,100,996 | +4.7% | 15.46% |
| Invesco Ltd. | $379.8M | 1,201,644 | +45.9% | 5.99% |
| Vanguard Portfolio Management LLC | $359.8M | 1,138,316 | +3.5% | 5.67% |
| Jupiter Topco LLC | $328.9M | 1,040,578 | +100.0% | 5.19% |
| Vanguard Capital Management LLC | $275.3M | 870,950 | +2.7% | 4.34% |
| State Street Corp | $261.3M | 826,539 | +6.1% | 4.12% |
| FMR LLC | $241.1M | 762,827 | +28.0% | 3.80% |
| Franklin Resources Inc | $237.7M | 752,044 | +31.2% | 3.75% |
| Congress Asset Management Co /Ma | $208.6M | 659,911 | +30.8% | 3.29% |
| Geode Capital Management, LLC | $186.2M | 589,020 | +5.4% | 2.94% |
| Macquarie Management Holdings, Inc. | $179.7M | 568,371 | -0.9% | 2.83% |
| Chicago Capital, LLC | $174.9M | 553,435 | -1.5% | 2.76% |
A 13F reports long US equity positions 45 days after the quarter ends, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory.
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Congress trades in LGND
6 disclosures of 6 on record · median 39d of the 45 allowed| Member | Type | Action | Amount disclosed | Since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +24.2%S&P +0.8% · vs S&P 500 +23.4% | May 29, 2026 | Jun 8, 2026 | 10d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +41.0%S&P +12.0% · vs S&P 500 +29.0% | Mar 3, 2026 | Apr 7, 2026 | 35d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +46.9%S&P +10.1% · vs S&P 500 +36.8% | Jan 15, 2026 | Feb 13, 2026 | 29d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | +50.0%S&P +10.8% · vs S&P 500 +39.2% | Jan 5, 2026 | Feb 13, 2026 | 39d |
| Katherine M. ClarkSpouse | Stock | Sale | $1,001 - $15,000 | +239.9%S&P +121.4% · vs S&P 500 +118.5% | Oct 22, 2020 | Dec 3, 2020 | 42d |
| Katherine M. ClarkSpouseFiled late | Stock | Purchase | $1,001 - $15,000 | +293.4%S&P +207.4% · vs S&P 500 +86.0% | Apr 3, 2020 | May 29, 2020 | 56d |
Since the trade: the stock's move from the trade date to the latest close we hold, as of Sep 10, 2026, an estimate, with the S&P 500 over the same window and the difference against it. The figures describe the stock after the trade, not the member's result: the filing carries a band, not a fill, and a sale keeps the same sign, so a positive figure after a sale means the stock kept rising. An option row carries the underlying stock's move. A row marked n/a has no market price. Not investment advice.
Members of Congress reporting a position
1 member · estimate, as of Sep 10, 20261 member reports a position (estimated). The largest estimated position is in the $15,001 - $50,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| Gilbert Ray Cisneros, Jr. | Democrat · House | $15,001 - $50,000 | 0.1% |
Estimate, as of Sep 10, 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 LGND?
Gilbert Ray Cisneros, Jr., Katherine M. Clark disclosed LGND transactions in the filings shown here.
Which members of Congress hold LGND?
1 member of Congress reports a position in LGND in the estimate we hold as of Sep 10, 2026. The largest estimated position belongs to Gilbert Ray Cisneros, Jr.. 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 LGND trades disclosed?
Congressional disclosures took a median of 39 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 Sep 10, 2026.