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ADMA

ADMA BIOLOGICS, INC.

In the published model solve dated 2026-Q2, anchored at $9.58, ADMA BIOLOGICS, INC. (ADMA) is priced for +4.2% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.

Published model solve
+4.2% growth
Priced In
unavailable

Key Takeaways

• ADMA collects its own plasma and turns it into immune globulin, and the specialty product ASCENIV supplies 71% of revenue against 24% for the standard product BIVIGAM, in a U.S. market the 10-K describes as ⟦CSL Behring, Grifols, Takeda and ADMA Biologics⟧. • The concentration risk sits on both sides of the business: two distributors, BioCare and CuraScript, ⟦represented an aggregate of approximately 73% and 72%, respectively, of our consolidated revenues⟧, and the standard-IG line has been sh

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Institutional ownership

344 institutional managers reported holding ADMA in 13F filings for the quarter ended 2026-03-31. Together they hold about 88% of the company; the top 10 hold 48%. 63 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 21.3M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (6.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ADMA's share count grew 85.3% over the past five years even with $162.97M spent on repurchases. It pays no dividend. Cash returned over the past three years: $162.97M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at ADMA over the trailing three years: 2023: 2 buys totaling $580k; 2026: 3 buys totaling $268k. 10 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ADMA's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-05-11+14.1%-11.9%
2023-08-10+4.1%-26.0%
2023-11-09+3.8%+29.0%
2024-05-10+28.4%+45.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ADMA's latest 8-K filings: 2026-08-05 (items 2.02, 9.01); 2026-06-02 (items 5.07); 2026-05-06 (items 2.02, 9.01); 2026-05-04 (items 8.01, 9.01); 2026-03-27 (items 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 25, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.