Event-Driven Stocks

CareDx, Inc.

CDNA

Other · Large accelerated filer · SEC filings ↗ · Compare ⊕

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Signs4 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$379.8M$333.8M$280.3M$321.8M$296.4M$192.2M
Operating income−$30.8M$40.8M−$203.4M−$77.2M−$29.7M−$22.5M
Net income−$21.4M$52.5M−$190.3M−$76.6M−$30.7M−$18.7M
Total assets$413.2M$491.1M$466.8M$543.0M$566.6M$368.5M
Total liabilities$110.1M$112.6M$205.5M$112.1M$100.7M$90.8M
Equity$303.1M$378.4M$261.3M$430.9M$465.9M$277.7M
EPS (diluted)$-0.40$0.93$-3.54$-1.44$-0.59$-0.40
Shares out.55.4M51.8M53.7M53.0M51.8M42.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−8.1%
Net margin
−5.6%
Return on equity
−7.0%
Return on assets
−5.2%
Return on capital (ROCE)
−9.5%
Liabilities / assets
26.7%
Debt / equity
0.36×
Book value / share
$5.47
Revenue growth (YoY)
13.8%
Net income growth (YoY)
−140.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-0.76distress
Accruals / assets
15.3%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
52
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe2 warning4 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
2 acquisitions10 disposalsnet 115,890 shares · last 12
InsiderDateTypeSharesPrice
Torres Arthur ADirectorMay 14, 2026Sell4,086$20.97
Novack Jeffrey AdamOfficer — Secretary and General CounselMay 5, 2026Sell2,688$20.68
Novack Jeffrey AdamOfficer — Secretary and General CounselMay 1, 2026Tax withholding2,873$21.50
Kennedy KeithOfficer — CFO &amp; COOApr 20, 2026Grant24,134$0.00
Hanna John Walter JrOfficer — President and CEOApr 16, 2026Sell10,282$21.12
Hanna John Walter JrOfficer — President and CEOApr 15, 2026Tax withholding62,049$17.57
Novack Jeffrey AdamOfficer — Secretary and General CounselApr 6, 2026Tax withholding1,892$17.82
Hanna John Walter JrOfficer — President and CEOApr 1, 2026Tax withholding35,037$17.87
Kennedy KeithOfficer — CFO &amp; COOApr 1, 2026Tax withholding11,725$17.87
Meng JessicaOfficer — Chief Commercial OfficerApr 1, 2026Tax withholding7,386$17.87
Novack Jeffrey AdamOfficer — Secretary and General CounselApr 1, 2026Tax withholding3,987$17.87
Goldberg MichaelDirectorApr 2, 2026Grant1,981$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20266.5M11.3-5.6%
Apr 30, 20266.9M6.8+7.8%
Apr 15, 20266.4M11.4-0.3%
Mar 31, 20266.4M10.0-1.6%
Mar 13, 20266.5M11.4+3.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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