What is NKTR's dilution risk score?

NKTR has a latest available DilutionScore record of 65/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for NKTR, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for NKTR?

DilutionWatch tracks 25 SEC filing types for NKTR including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect NKTR shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For NKTR, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for NKTR tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for NKTR. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

NKTR Dilution Risk Score: 65/100 (HIGH)

Score Breakdown

📋 Offering Ability

32

💰 Cash Runway

95

📊 Float Risk

35

⚠️ Warrant Exposure

15

🔄 Convertible Debt

15

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 39%

💰 Capital Raise model 73%

• Critical: only 2.4 months cash remaining

• Active ATM program with $250M remaining capacity

📉 Score Deterioration model 10%

• Score in HIGH risk zone (65/100)

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Market Data

Market Cap$2.19B

Shares Outstanding34.14M

Float21.31M

Cash$39.27M

Debt$133.50M

Short InterestN/A

Institutional Holdings

QoQ: ↑ 58.2% shares (2026Q1 vs prior)

209 institutional holders · 31.43M shares

#1 FMR LLC 4.30M shares

#2 BVF INC/IL 2.56M shares

#3 VANGUARD CAPITAL MANAGEMENT LLC 2.39M shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest6.30M

Days to Cover8.6

% of Float29.6%

FINRA data as of Jul 31, 2026

Insider Buy/Sell Ratio

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2011-12-31

424B5 ATM 2026-04-20

4 INSIDER TRANSACTION 2026-02-20

424B5 ATM 2026-02-13

Full SEC filing analysis available with free account →

Recent News

No recent news

Factual NKTR Dilution Snapshot

Nektar Therapeutics (NKTR) has a DilutionScore of 65/100, rated High dilution risk. Score date: August 28, 2026.

Stored ATM program remaining capacity: $250.0M.
Stored outstanding warrants: 293,103.
Recent SEC activity tracked for NKTR: 424B5 on 2026-04-20; 4 on 2026-02-20; 4 on 2026-02-20.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.