IRIDEX CORP IRIX
COM · Common Stock · CUSIP 462684101
- SectorHealth care
- IndustryElectromedical & Electrotherapeutic Apparatus
- HeadquartersMountain View, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 17.2m as of 2025-11-06, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $1.14.
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 29 |
| Q4 2022 | 27 |
| Q1 2023 | 32 |
| Q2 2023 | 29 |
| Q3 2023 | 32 |
| Q4 2023 | 33 |
| Q1 2024 | 31 |
| Q2 2024 | 30 |
| Q3 2024 | 29 |
| Q4 2024 | 28 |
| Q1 2025 | 25 |
| Q2 2025 | 21 |
| Q3 2025 | 22 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 14 | 11 |
| Q1 2024 | 10 | 11 |
| Q2 2024 | 10 | 10 |
| Q3 2024 | 7 | 9 |
| Q4 2024 | 5 | 13 |
| Q1 2025 | 9 | 13 |
| Q2 2025 | 5 | 15 |
| Q3 2025 | 11 | 7 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $7.4k | — |
| Q1 2025 | $0 | $2.0k | — |
| Q2 2025 | $31.9k | $0 | 0.00 |
| Q3 2025 | $0 | $0 | — |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +78.3k |
| GOLDMAN SACHS GROUP INC | New | +47.8k |
| Apexium Financial, LP | Added | +34.8k |
| Centiva Capital, LP | New | +18.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +17.8k |
| JANE STREET GROUP, LLC | New | +16.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +10.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3k |
| XTX Topco Ltd | Added | +1.2k |
| SIMPLEX TRADING, LLC | New | +759 |
Biggest sellers
| THOMPSON DAVIS & CO., INC. | Sold out | -56.7k |
| VANGUARD GROUP INC | Reduced | -7.1k |
| PERKINS CAPITAL MANAGEMENT INC | Reduced | -6.0k |
| AMH Equity Ltd | Reduced | -5.8k |
| Tower Research Capital LLC (TRC) | Reduced | -5.0k |
| NORTHERN TRUST CORP | Reduced | -1.6k |
| RAYMOND JAMES FINANCIAL INC | Sold out | -700 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Novel Inspiration International Co., Ltd.
13D · may seek influence
+5.8 pts · filed 2026-07-13
Stated purposeThe Reporting Persons beneficially own outstanding shares of Common Stock and Common Stock underlying Series B Preferred Stock and the Note, in each case for investment purposes. The Reporting Persons intend to communicate, directly or through intermediaries, with members of the Issuer's board of directors (the "Board of Directors" or the "Board") and management, concerning matters relating to the business and affairs of the Issuer, including discussions relating to the composition and selection of the Board and management team generally, and the potential for representation by the Reporting Persons on the Board of Directors. These discussions may also include assisting and engaging with the Issuer on a review of its strategic activities, assessment of its organization, opportunities for o… Full filing |
29.9% |
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 5 | $197.8k | 0 | — | — |
| Q3 2025 | 2 | $45.1k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-12 | Dizon Romeo R Chief Financial Officer | Bought | $2.0k1.4k shares |
| 2025-09-11 | Dizon Romeo R Chief Financial Officer | Bought | $1.7k1.2k shares |
| 2025-09-10 | Dizon Romeo R Chief Financial Officer | Bought | $2.0k1.5k shares |
| 2025-09-09 | Dizon Romeo R Chief Financial Officer | Bought | $2.1k1.5k shares |
| 2025-09-08 | Dizon Romeo R Chief Financial Officer | Bought | $700500 shares |
| 2025-09-05 | Dizon Romeo R Chief Financial Officer | Bought | $1.4k1.0k shares |
| 2025-09-04 | Dizon Romeo R Chief Financial Officer | Bought | $1.5k1.1k shares |
| 2025-09-03 | Dizon Romeo R Chief Financial Officer | Bought | $850625 shares |
| 2025-09-02 | Dizon Romeo R Chief Financial Officer | Bought | $838625 shares |
| 2025-08-29 | Dizon Romeo R Chief Financial Officer | Bought | $856625 shares |
| 2025-08-28 | Dizon Romeo R Chief Financial Officer | Bought | $1.4k1.0k shares |
| 2025-08-27 | Dizon Romeo R Chief Financial Officer | Bought | $1.3k1.0k shares |
| 2025-08-26 | Dizon Romeo R Chief Financial Officer | Bought | $1.3k1.0k shares |
| 2025-08-25 | Dizon Romeo R Chief Financial Officer | Bought | $1.2k1.0k shares |
| 2025-08-22 | Dizon Romeo R Chief Financial Officer | Bought | $1.2k1.0k shares |
| 2025-08-21 | Dizon Romeo R Chief Financial Officer | Bought | $2.5k2.0k shares |
| 2025-08-20 | Dizon Romeo R Chief Financial Officer | Bought | $1.2k1.0k shares |
| 2025-08-19 | Dizon Romeo R Chief Financial Officer | Bought | $3.5k3.0k shares |
| 2025-08-18 | MOORE WILLIAM M Director | Bought | $14.2k12.0k shares |
| 2025-08-18 | Dizon Romeo R Chief Financial Officer | Bought | $1.8k1.5k shares |
| 2025-08-15 | Dizon Romeo R Chief Financial Officer | Bought | $1.8k1.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE 2.03% of their portfolio | 1.0m $1.1m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 578.7k $665.5k | Reduced -7.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 389.1k $443.7k | Added +10.3k |
| AMH Equity Ltd 0.26% of their portfolio | 184.2k $210.1k | Reduced -5.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 133.1k $153.1k | Added +1.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 109.5k $125.9k | Added +78.3k |
| Apexium Financial, LP 0.01% of their portfolio | 100.5k $115.6k | Added +34.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 56.5k $64.9k | Added +17.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 47.8k $54.5k | New |
| STATE STREET CORP 0.00% of their portfolio | 44.7k $51.4k | Unchanged |
| PERKINS CAPITAL MANAGEMENT INC 0.04% of their portfolio | 41.3k $47.1k | Reduced -6.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 31.5k $36.0k | Unchanged |
| XTX Topco Ltd 0.00% of their portfolio | 26.4k $30.4k | Added +1.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 23.3k $26.5k | Reduced -1.6k |
| BlackRock, Inc. 0.00% of their portfolio | 20.3k $23.1k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 18.8k $21.6k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 16.4k $18.7k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 10.0k $11.4k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 1.1k $1.3k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 759 $0 | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 622 $709 | Added +499 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 501 $571 | Reduced -5.0k |