AXGN Axogen

Axogen (AXGN) is the leading company focused specifically on the science, development, and commercialization of technologies for peripheral nerve regeneration and repair. Axogen employees are passionate about helping to restore peripheral nerve function and quality of life to patients with physical damage or transection to peripheral nerves by providing innovative, clinically proven, and economically effective repair solutions for surgeons and health care providers. Peripheral nerves provide the pathways for both motor and sensory signals throughout the body. Every day, people suffer traumatic injuries or undergo surgical procedures that impact the function of their peripheral nerves. Physical damage to a peripheral nerve, or the inability to properly reconnect peripheral nerves, can result in the loss of muscle or organ function, the loss of sensory feeling, or the initiation of pain.

Company profile

Karen L. Zaderej
Fiscal year end
Former names
IRS number

AXGN stock data


Investment data

Data from SEC filings
Securities sold
Number of investors


6 May 21
2 Aug 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Axogen earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 46.18M 46.18M 46.18M 46.18M 46.18M 46.18M
Cash burn (monthly) 3.14M (positive/no burn) 2.07M 1.74M 3.61M 1.03M
Cash used (since last report) 12.84M n/a 8.47M 7.11M 14.73M 4.22M
Cash remaining 33.33M n/a 37.71M 39.06M 31.44M 41.96M
Runway (months of cash) 10.6 n/a 18.2 22.4 8.7 40.6

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
21 Jul 21 Donovan Michael Patrick Common Stock Sell Dispose S No Yes 20.04 1,935 38.78K 40,839
20 Jul 21 Martinez Maria D. Common Stock Payment of exercise Dispose F No No 19.2 637 12.23K 4,867
20 Jul 21 Friedman Mark Louis Common Stock Payment of exercise Dispose F No No 19.2 637 12.23K 16,308
19 Jul 21 Johnson John Stock Options Common Stock Grant Aquire A No No 19.44 27,638 537.28K 27,638
19 Jul 21 Martinez Maria D. Common Stock Grant Aquire A No No 0 2,572 0 5,504
19 Jul 21 Friedman Mark Louis Common Stock Grant Aquire A No No 0 2,572 0 16,945

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

80.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 122 122
Opened positions 14 20 -30.0%
Closed positions 14 18 -22.2%
Increased positions 38 38
Reduced positions 49 37 +32.4%
13F shares
Current Prev Q Change
Total value 761.47M 833.94M -8.7%
Total shares 33.09M 39.82M -16.9%
Total puts 75K 79K -5.1%
Total calls 23.4K 94.1K -75.1%
Total put/call ratio 3.2 0.8 +281.8%
Largest owners
Shares Value Change
ArrowMark Colorado 5.9M $119.45M -10.9%
BLK Blackrock 3.03M $61.35M +0.7%
First Light Asset Management 2.56M $51.81M +19.6%
EW Healthcare Partners 1.98M $35.48M 0.0%
Vanguard 1.93M $39.19M +2.2%
Essex Woodlands Management 1.76M $35.65M -11.2%
William Blair Investment Management 1.47M $29.68M +8.4%
JHG Janus Henderson 1.37M $27.8M -8.8%
Baillie Gifford & Co 1.17M $23.74M +0.9%
BAC Bank Of America 1.03M $20.9M -17.0%
Largest transactions
Shares Bought/sold Change
Consonance Capital Management 0 -6.06M EXIT
ArrowMark Colorado 5.9M -722.54K -10.9%
Point72 Asset Management 613.73K +464.56K +311.4%
First Light Asset Management 2.56M +418.28K +19.6%
Granite Point Capital Management 130K -402.43K -75.6%
SAMG Silvercrest Asset Management 327K +327K NEW
Millennium Management 462.94K -305.95K -39.8%
G2 Investment Partners Management 217.6K -265.76K -55.0%
JPM JPMorgan Chase & Co. 58.2K -229.72K -79.8%
Essex Woodlands Management 1.76M -222.19K -11.2%

Financial report summary

Content analysis
H.S. sophomore Avg
New words: algorithm, assume, Bussey, cease, Concentration, conversion, Director, doubtful, Factor, FDIC, flat, floor, grow, history, internationally, irrevocable, issuable, letter, metric, Minn, payout, Qualitative, Quantitative, reconciliation, reinitiated, Rethink, sixty, standby, strength, subsidiary, symposium, target, targeted, tool, uncollectible, usable
Removed: adapted, adding, Administration, advance, adversely, Alachua, alleged, applied, assessing, ASU, border, capitalization, capitalizing, carefully, CCA, CDC, CECL, chain, Civil, cleaning, cloud, collection, commodity, communicate, compensatory, complied, composition, computation, computing, conference, continually, continuing, correctly, County, create, currency, declared, decline, defer, deferment, delay, denominated, Department, detailed, deterioration, Detroit, developing, discontinued, discretionary, Disease, disinfecting, distancing, domestic, economy, eliminating, enter, entering, Euro, evaluate, exempt, existing, explained, exposed, exposure, FASB, Filing, Fire, firm, flexibility, foreign, freeze, fund, guidance, hiring, home, hosted, impacting, impairment, implementation, important, incidence, industry, Inflation, initiative, injury, intent, interaction, invoiced, language, layoff, led, Leerink, lifetime, lifted, limit, manage, mandate, manner, member, minimal, Minnesota, mitigate, mitigation, MN, modifying, month, objective, obtaining, occurring, operate, order, original, originated, outbreak, patient, Paycheck, perform, personal, personnel, Police, post, PPP, prepare, preserve, preserving, priority, production, project, prospective, quantified, RANGER, reallocate, Recently, recommended, RECON, record, recovery, reduced, referenced, referred, reimbursement, relate, reliably, remain, remotely, REPOSE, request, requesting, rescission, resolve, restrict, Retirement, rotational, RSU, safety, salaried, SBA, scheduled, seeking, selected, separation, serve, shut, significantly, situation, slightly, social, software, spread, stabilize, strategy, surrendered, suspended, suspension, sweep, thousand, Topic, transmission, treat, turn, ultimate, Underwriting, upfront, vendor, wearing, weekly, withhold, work, workforce, World