VERICEL CORP VCEL
COM · Common Stock · CUSIP 92346J108
American biopharmaceutical company
* 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 ($868.3k this quarter). Holder counts are more reliable. Shares outstanding: 51.2m as of 2026-07-24, 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 ≈ $44.48. Options: 4 managers hold calls ($2.5m notional), 1 hold puts ($444.9k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 181 |
| Q4 2022 | 178 |
| Q1 2023 | 202 |
| Q2 2023 | 203 |
| Q3 2023 | 215 |
| Q4 2023 | 228 |
| Q1 2024 | 258 |
| Q2 2024 | 262 |
| Q3 2024 | 269 |
| Q4 2024 | 279 |
| Q1 2025 | 278 |
| Q2 2025 | 274 |
| Q3 2025 | 250 |
| Q4 2025 | 274 |
| Q1 2026 | 280 |
| Q2 2026 | 320 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 131 | 113 |
| Q4 2024 | 138 | 115 |
| Q1 2025 | 141 | 120 |
| Q2 2025 | 161 | 105 |
| Q3 2025 | 113 | 145 |
| Q4 2025 | 145 | 108 |
| Q1 2026 | 139 | 127 |
| Q2 2026 | 183 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.4m | $304.4k | 0.21 |
| Q4 2025 | $2.1m | $788.6k | 0.38 |
| Q1 2026 | $24.5m | $49.0m | 2.00 |
| Q2 2026 | $2.5m | $444.9k | 0.18 |
Biggest buyers
| CONGRESS ASSET MANAGEMENT CO | Added | +1.4m |
| NEXT CENTURY GROWTH INVESTORS LLC | Added | +459.8k |
| Nuveen, LLC | Added | +424.1k |
| Balyasny Asset Management L.P. | Added | +336.5k |
| BlackRock, Inc. | Added | +326.9k |
| Point72 Asset Management, L.P. | Added | +279.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +234.6k |
| LOOMIS SAYLES & CO L P | Added | +224.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Added | +160.1k |
| D. E. Shaw & Co., Inc. | Added | +156.7k |
Biggest sellers
| Soleus Capital Management, L.P. | Reduced | -1.1m |
| SG Capital Management LLC | Reduced | -638.0k |
| Allspring Global Investments Holdings, LLC | Reduced | -521.4k |
| FEDERATED HERMES, INC. | Reduced | -395.9k |
| Divisadero Street Capital Management, LP | Reduced | -385.8k |
| Conestoga Capital Advisors, LLC | Reduced | -379.5k |
| GENEVA CAPITAL MANAGEMENT LLC | Reduced | -307.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -254.1k |
| GOLDMAN SACHS GROUP INC | Reduced | -228.5k |
| JANE STREET GROUP, LLC | Reduced | -161.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m24.1k shares |
| CITADEL ADVISORS LLC | New | $734.1k16.5k shares |
| JANE STREET GROUP, LLC | New | $409.3k9.2k shares |
| SIMPLEX TRADING, LLC | Added | $302.5k6.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $444.9k10.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 15.1% |
| STATE STREET CORP 13G · institution new · filed 2025-11-10 | 5.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: Soleus Capital Master Fund, L.P. (2.8%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
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 2024 | 0 | — | 7 | $5.4m | $5.3m |
| Q1 2025 | 0 | — | 9 | $5.2m | $5.2m |
| Q2 2025 | 0 | — | 3 | $3.9m | $3.9m |
| Q3 2025 | 0 | — | 2 | $609.1k | $609.1k |
| Q4 2025 | 0 | — | 4 | $928.8k | $739.3k |
| Q1 2026 | 0 | — | 4 | $2.3m | $2.3m |
| Q2 2026 | 0 | — | 7 | $3.7m | $3.4m |
| Q3 2026 | 0 | — | 3 | $1.0m | $1.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-12 | MCLAUGHLIN KEVIN F Director | Sold plan | $311.7k7.0k shares |
| 2026-08-03 | Halpin Michael Chief Operating Officer | Sold plan | $468.4k10.0k shares |
| 2026-07-30 | SIEGAL JONATHAN Principal Accounting Officer | Sold plan | $220.1k4.5k shares |
| 2026-06-26 | Flynn Sean C. Chief Legal Officer | Sold plan | $684.6k15.0k shares |
| 2026-06-26 | Hopper Jonathan Mark Chief Medical Officer | Sold plan | $450.0k10.0k shares |
| 2026-06-26 | Mara Joseph Anthony Jr Chief Financial Officer | Sold plan | $223.8k5.0k shares |
| 2026-06-26 | SIEGAL JONATHAN Principal Accounting Officer | Sold plan | $122.7k2.7k shares |
| 2026-06-18 | Flynn Sean C. Chief Legal Officer | Sold plan | $603.1k15.0k shares |
| 2026-06-18 | Halpin Michael Chief Operating Officer | Sold plan | $402.4k10.0k shares |
| 2026-06-02 | Hopper Jonathan Mark Chief Medical Officer | Sold plan | $153.1k4.4k shares |
| 2026-05-13 | MCLAUGHLIN KEVIN F Director | Sold plan | $229.8k7.0k shares |
| 2026-05-11 | Wotton Paul K Director | Sold | $327.4k10.0k shares |
| 2026-05-07 | Mara Joseph Anthony Jr Chief Financial Officer | Sold plan | $202.5k5.0k shares |
| 2026-05-07 | SIEGAL JONATHAN Principal Accounting Officer | Sold plan | $57.6k1.4k shares |
| 2026-05-06 | SIEGAL JONATHAN Principal Accounting Officer | Sold plan | $130.5k3.4k shares |
| 2026-04-02 | Hopper Jonathan Mark Chief Medical Officer | Sold plan | $121.5k3.5k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 8.1m $360.0m | Added +326.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.3m $146.6m | Added +141.8k |
| CONGRESS ASSET MANAGEMENT CO 0.80% of their portfolio | 2.9m $129.7m | Added +1.4m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.3m $100.4m | Added +25.0k |
| Conestoga Capital Advisors, LLC 2.02% of their portfolio | 2.1m $92.7m | Reduced -379.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 2.0m $88.7m | Added +160.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.07% of their portfolio | 1.6m $73.0m | Reduced -83.6k |
| GW&K Investment Management, LLC 0.54% of their portfolio | 1.6m $69.0m | Reduced -66.4k |
| Soleus Capital Management, L.P. 2.24% of their portfolio | 1.5m $64.9m | Reduced -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $59.7m | Added +86.4k |
| GENEVA CAPITAL MANAGEMENT LLC 1.37% of their portfolio | 1.3m $59.6m | Reduced -307.7k |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 1.2m $53.4m | Added +224.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.1m $47.2m | Added +69.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $45.2m | Reduced -82.6k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 906.2k $40.3m | Added +61.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.26% of their portfolio | 896.7k $39.9m | Reduced -62.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 775.8k $34.5m | Reduced -106.4k |
| Champlain Investment Partners, LLC 0.86% of their portfolio | 755.8k $33.6m | Reduced -59.3k |
| Aberdeen Group plc 0.04% of their portfolio | 710.2k $31.6m | Added +26.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 664.3k $29.6m | Added +33.4k |
| NEXT CENTURY GROWTH INVESTORS LLC 1.45% of their portfolio | 612.6k $27.3m | Added +459.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 597.6k $26.6m | Added +54.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 581.0k $25.8m | Added +96.0k |
| SG Capital Management LLC 2.30% of their portfolio | 571.3k $25.4m | Reduced -638.0k |
| TimesSquare Capital Management, LLC 0.36% of their portfolio | 549.8k $24.5m | Reduced -28.5k |
| Nuveen, LLC 0.01% of their portfolio | 525.7k $23.4m | Added +424.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 525.6k $23.4m | Reduced -228.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 508.0k $22.6m | Added +32.1k |
| BROWN CAPITAL MANAGEMENT LLC 4.48% of their portfolio | 504.0k $22.4m | Reduced -88.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 452.3k $20.1m | Added +156.7k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 443.3k $19.7m | Added +279.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 443.2k $19.7m | Added +20.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 440.0k $19.6m | Added +79.3k |
| MORGAN STANLEY 0.00% of their portfolio | 404.1k $18.0m | Reduced -66.4k |
| OSTERWEIS CAPITAL MANAGEMENT INC 0.84% of their portfolio | 398.4k $17.7m | Reduced -2.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 365.5k $16.3m | Added +14.3k |
| UBS Group AG 0.00% of their portfolio | 352.5k $15.7m | Added +103.7k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 345.8k $15.4m | Added +336.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.14% of their portfolio | 330.3k $14.7m | Added +56.6k |
| Invesco Ltd. 0.00% of their portfolio | 309.2k $13.8m | Added +15.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 297.8k $13.5m | Reduced -28.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 283.3k $12.6m | Added +234.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 278.0k $12.4m | Added +8.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 274.9k $12.2m | Added +20.7k |
| Woodline Partners LP 0.04% of their portfolio | 271.8k $12.1m | Added +1 |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 249.7k $11.1m | Added +2.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 248.2k $11.0m | Reduced -161.8k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 231.6k $10.3m | Reduced -395.9k |
| Summit Creek Advisors LLC 3.32% of their portfolio | 219.3k $9.8m | Reduced -146.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 197.9k $8.8m | Reduced -9.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 185.5k $8.3m | Reduced -9.4k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 185.3k $8.2m | Unchanged |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 185.1k $8.2m | Reduced -71.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 182.0k $8.1m | Reduced -1.3k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 175.4k $7.8m | Reduced -5.5k |
| First Washington CORP 1.85% of their portfolio | 170.4k $7.6m | Added +60.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 170.3k $7.6m | Reduced -10.5k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 156.6k $7.1m | Reduced -521.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 153.7k $6.8m | Added +15.4k |
| SEGALL BRYANT & HAMILL, LLC 0.08% of their portfolio | 152.0k $6.8m | Added +13.3k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 145.4k $6.5m | Reduced -15.7k |
| GLENMEDE TRUST CO NA 0.03% of their portfolio | 139.9k $6.2m | Added +124.8k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.30% of their portfolio | 138.8k $6.2m | Added +6.8k |
| EFG International AG 0.10% of their portfolio | 127.6k $5.7m | Reduced -2.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 125.3k $5.6m | Added +21.0k |
| Granite Investment Partners, LLC 0.28% of their portfolio | 121.7k $5.4m | Added +1.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 121.4k $5.4m | Reduced -20.1k |
| Lisanti Capital Growth, LLC 1.18% of their portfolio | 120.4k $5.4m | New |
| Legal & General Group Plc 0.00% of their portfolio | 115.6k $5.1m | Added +1.9k |
| Susquehanna Portfolio Strategies, LLC 0.08% of their portfolio | 113.5k $5.0m | Added +18.9k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.11% of their portfolio | 113.1k $5.0m | Reduced -817 |
| Trexquant Investment LP 0.03% of their portfolio | 105.6k $4.7m | Reduced -121.7k |
| Swiss National Bank 0.00% of their portfolio | 102.2k $4.5m | Added +2.7k |
| Jupiter Topco LLC 0.00% of their portfolio | 99.3k $4.4m | First filing |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 98.8k $4.4m | Added +15.4k |
| Longaeva Partners L.P. 0.12% of their portfolio | 93.5k $4.2m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 90.3k $4.0m | Added +35.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 83.7k $3.7m | Reduced -16.3k |
| SIT INVESTMENT ASSOCIATES INC 0.07% of their portfolio | 83.2k $3.7m | Reduced -95 |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 81.8k $3.6m | Added +15.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 78.8k $3.5m | Reduced -127.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 75.7k $2.4m | Added +16.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 75.4k $3.4m | Added +12.7k |
| HARBOR CAPITAL ADVISORS, INC. 0.22% of their portfolio | 72.9k $3.2m | Added +9.1k |
| BARCLAYS PLC 0.00% of their portfolio | 72.7k $3.2m | Added +15.8k |
| Rhenman & Partners Asset Management AB 0.29% of their portfolio | 70.0k $3.1m | Unchanged |
| Man Group plc 0.01% of their portfolio | 67.4k $3.0m | Reduced -2.2k |
| Cerity Partners LLC 0.00% of their portfolio | 67.2k $3.0m | Added +10.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 64.4k $2.9m | Added +7.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 64.2k $2.9m | Added +33.5k |
| Global Alpha Capital Management Ltd. 0.17% of their portfolio | 64.1k $2.9m | Added +14.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 63.7k $2.8m | Added +31.8k |
| FMR LLC 0.00% of their portfolio | 63.0k $2.8m | Reduced -23.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 60.9k $2.7m | Added +8.0k |
| CITIGROUP INC 0.00% of their portfolio | 58.5k $2.6m | Added +43.8k |
| Linden Thomas Advisory Services, LLC 0.20% of their portfolio | 56.1k $2.5m | Added +8.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 55.9k $2.5m | Reduced -5.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.06% of their portfolio | 53.8k $2.4m | Added +47.3k |
| Bridge City Capital, LLC 0.54% of their portfolio | 53.5k $2.4m | Reduced -1.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 53.2k $2.4m | Added +610 |