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CORT

CORCEPT THERAPEUTICS INC

At today's price, CORCEPT THERAPEUTICS INC (CORT) is priced for today's economics sustained for ~9.3 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~9.3 years
Priced In
elevated

Key Takeaways

- Corcept is a specialty pharma built on one approved drug, Korlym for Cushing's syndrome, now transitioning into a second act as relacorilant (branded Lifyorli) wins approval in platinum-resistant ovarian cancer and seeks a Cushing's label. The stage is the key: this is a profitable single-product company priced like a pipeline story. - At $79.92 no valuation family reaches the price on current economics. Inverting it implies growth held at the self-funding ceiling for roughly nine years, so th

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Institutional ownership

338 institutional managers reported holding CORT in 13F filings for the quarter ended 2026-03-31. Together they hold about 76% of the company; the top 10 hold 50%. 63 opened new positions that quarter. Held by BlackRock, Vanguard Group, Renaissance Technologies, among others. On the short side, 8.6M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (8.8 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

CORT has cut its share count 10.2% over the past five years, spending $214.35M on repurchases. It pays no dividend. Cash returned over the past three years: $43.15M 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 CORT over the trailing three years: 2026: 2 buys totaling $3.31M. 12 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

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

reportday onenext quarter
2023-08-03+25.0%-15.2%
2023-11-02-9.9%+0.2%
2024-02-16-6.2%+1.1%
2024-05-02+7.5%+21.7%

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

Recent filings

CORT's latest 8-K filings: 2026-06-17 (items 8.01, 9.01); 2026-06-03 (items 8.01); 2026-05-28 (items 5.02, 5.07, 9.01); 2026-04-30 (items 2.02, 7.01, 9.01); 2026-03-25 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 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.