Spruce Biosciences Company Insiders

SPRB Stock  USD 60.06  0.16  0.27%   
Spruce Biosciences' insiders are aggressively selling. The analysis of the overall insider sentiment regarding Spruce Biosciences Common suggests that all insiders are panicking. Spruce Biosciences employs about 9 people. The company is managed by 11 executives with a total tenure of roughly 21 years, averaging almost 1.0 years of service per executive, having 0.82 employees per reported executive.
Insider Sentiment
Mostly Selling
 
Selling
 
Buying

Latest Trades

2025-10-06Parkman Healthcare Partners LlDisposed 257 @ 19.14View
Following insider trading sentiment in Spruce Biosciences can help investors add context around confidence, timing, and operating risk while the public narrative is still evolving. The signal is still regulated and disclosed under securities law, which is why the public filing record matters more than rumor or interpretation alone.
Spruce Biosciences has a market cap of 64.29 M, ROE of -109.25%. See World Market Map for portfolio-level analysis. This suggests a position in Spruce Biosciences Common within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Spruce Biosciences' Workforce Through the Years

A workforce review of Spruce Biosciences matters because hiring and staffing trends often say something about growth plans, cost discipline, and management expectations. Current projections suggest a workforce around about 17 employees by April 2026, which should be reviewed alongside revenue and margin trends.
Macro event markers
 
Covid
 
Interest Hikes

Spruce Biosciences Management Team Effectiveness

The company has return on total asset (ROA) of -36.41 % which indicates that every $100 deployed in assets resulted in a loss of $36.41. This is significantly below industry benchmarks. Similarly, it shows a return on stockholder's equity (ROE) of -109.25 %, meaning that it produced losses on money invested by shareholders.
As of the beginning of March, Financial models indicate Common Stock Shares Outstanding may fall to approximately 581.1 K. In addition to that, Financial models indicate Net Loss may fall to approximately -43.6 M

Stock Ownership Analysis

About 68.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 84.32. Spruce Biosciences Common had not issued any dividends in recent years. The company completed a 1:75 stock split on 7th of August 2025.

Stock Institutional Investors

Institutional ownership matters in Spruce Biosciences Common because pension funds, mutual funds, banks, and advisers can materially influence liquidity, governance, and price discovery. Used correctly, institutional data helps investors understand who may be setting the marginal price and how resilient that holder base could be under stress.
Shares
Ikarian Capital, Llc2025-09-30
13.3 K
Resolute Capital Asset Partners Llc2025-12-31
K
Skyview Investment Advisors, Llc2025-12-31
K
Bnp Paribas Arbitrage, Sa2025-12-31
K
Lion Point Capital, Lp2025-09-30
1000
Ubs Group Ag2025-09-30
132
Morgan Stanley - Brokerage Accounts2025-09-30
98.0
Caldwell Sutter Capital Inc2025-09-30
13.0
Bank Of America Corp2025-09-30
3.0
The Carlyle Group Inc2025-09-30
2.9 M
Wellington Management Company Llp2025-12-31
58.9 K
A large institutional presence can look reassuring, but sophisticated ownership alone should not be mistaken for proof that a position is mispriced or low risk. Ownership data should therefore support due diligence rather than replace it.

Insider Trading Activities

Insider trading disclosures for Spruce Biosciences Common offer a structured way to watch how people closest to the business are behaving while expectations change across the market. Current market capitalization is about 64.29 Million. Used properly, these records are better for context than for blind buy-or-sell signals.
 
Gharib Samir M. over three weeks ago
Disposition of 933 shares by Gharib Samir M. of Spruce Biosciences at 344.25 subject to Rule 16b-3
 
Szwarcberg Javier B. over two months ago
Acquisition by Szwarcberg Javier B. of 4690 shares of Spruce Biosciences at 4.5305 subject to Rule 16b-3
 
Szwarcberg Javier B. over three months ago
Disposition of 2194 shares by Szwarcberg Javier B. of Spruce Biosciences, at 88.41 subject to Rule 16b-3
 
Szwarcberg Javier B. over three months ago
Disposition of 1196 shares by Szwarcberg Javier B. of Spruce Biosciences, subject to Rule 16b-3
 
Muralidhar Bali over six months ago
Acquisition by Muralidhar Bali of 30000 shares of Spruce Biosciences at 0.7511 subject to Rule 16b-3
 
Charlton Ralph William Iii over six months ago
Acquisition by Charlton Ralph William Iii of 212800 shares of Spruce Biosciences subject to Rule 16b-3
 
Simpson Camilla V over six months ago
Acquisition by Simpson Camilla V of 30000 shares of Spruce Biosciences at 0.7511 subject to Rule 16b-3
 
Gharib Samir M. over a year ago
Acquisition by Gharib Samir M. of 308000 shares of Spruce Biosciences subject to Rule 16b-3
 
Gharib Samir M. over a year ago
Acquisition by Gharib Samir M. of 308000 shares of Spruce Biosciences subject to Rule 16b-3
 
Szwarcberg Javier B. over a year ago
Disposition of 32005 shares by Szwarcberg Javier B. of Spruce Biosciences at 0.3887 subject to Rule 16b-3
 
Szwarcberg Javier B. over a year ago
Disposition of 111000 shares by Szwarcberg Javier B. of Spruce Biosciences subject to Rule 16b-3
 
Novo Holdings A/s over a year ago
Disposition of 842020 shares by Novo Holdings As of Spruce Biosciences at 0.7684 subject to Rule 16b-3

Outstanding Bonds

Reviewing Spruce Biosciences Common bond obligations helps investors understand how much of the business is financed with fixed-income capital rather than purely with equity. This is why bond analysis is not just a credit exercise; it also informs equity holders about solvency, optionality, and future capital-allocation pressure.

Corporate Filings

10K
9th of March 2026
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
13A
24th of February 2026
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
F3
18th of February 2026
An amendment to the original Schedule 13D filing
ViewVerify
13A
17th of February 2026
An amended filing to the original Schedule 13G
ViewVerify
13A
10th of February 2026
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
5th of February 2026
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
21st of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
8th of January 2026
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
Over half of Spruce Biosciences' outstanding shares are owned by institutional holders. Institutional holders such as large asset managers and pension funds typically maintain these positions as part of broader diversified mandates rather than concentrated bets on any single company. Their buying and selling activity, disclosed through 13F filings, can be a useful signal for tracking changes in professional sentiment toward Spruce Biosciences. Spruce Biosciences's share base consists of approximately 68% institutional ownership, 7% insider ownership, and 25% public float.

Spruce Stock Holders Distribution

Institutional ownership analysis for Spruce Biosciences Common matters because banks, hedge funds, pension plans, and other professional investors can influence price and liquidity more forcefully than smaller holders. This matters because getting in early on a sponsorship cycle may help, but getting caught near a large-holder exit can have the opposite effect.

Spruce Biosciences Market Cap and Value

Spruce Biosciences Workforce Comparison

Spruce Biosciences Common is rated below average in number of employees among leading competitors. The total workforce of Health Care industry is at this time estimated at about 253. Spruce Biosciences holds roughly 9.0 in number of employees claiming about 4% of equities under Health Care sector.

Spruce Biosciences Insider Trading History

Insider trading disclosures for Spruce Biosciences Common offer a structured way to watch how people closest to the business are behaving while expectations change across the market. Current market capitalization is about 64.29 Million. Used properly, these records are better for context than for blind buy-or-sell signals.
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2025-12-01
0.9348
43
46
93,841
52,257
2024-12-01
0.5
9
18
954,000
1,294,390
2024-03-01
0.6
3
5
619,200
4,172,336
2023-12-01
1.375
11
8
1,714,016
340,459
2023-06-01
4.0
12
3
387,862
100,936
2023-03-01
2.5
5
2
5,004,700
52,793
2022-06-01
7.0
14
2
538,571
50,468
2022-03-01
1.5
3
2
1,070,000
250,000
2021-06-01
2.4
12
5
104,688
503,758
2020-12-01
0.6552
19
29
20,048,947
124,792,389

Spruce Biosciences Notable Stakeholders

Stakeholders matter for Spruce Biosciences because not every influential participant is a shareholder acting with the same objective or time horizon. This becomes more informative when investors want to understand not just ownership, but influence, incentives, and strategic pressure points.
Michael GreyExecutive ChairmanProfile
Kirk MDInterim DirectorProfile
CPA CPAPres CFOProfile
MD IIIChief OfficerProfile
Libbie MBAChief OfficerProfile
P RamtinSenior OperationsProfile
Heidi MPHSenior QualityProfile
Daven PharmDSenior QualityProfile
Corwin HooksChief OfficerProfile
MSc BPHARMSenior OperationsProfile
MPH MDCEO DirectorProfile

Management Information & Data Sources

Spruce Biosciences is a micro-cap company in Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care. Executive review focuses on insiders, senior management, and employee signals. Insider participation may help assess long-term alignment, especially during strategy transitions. CEO is MPH MD with 9 employees and 11 reported executives.

Macroaxis compiles Spruce Biosciences Common metrics from periodic company reporting and market reference feeds and applies consistent transformation rules before display. Analyst inputs may be included when coverage is available. Not all fields update in real time. Insider and management fields are mapped from published filings and company disclosures.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board

Workforce Efficiency and Productivity

Investors reviewing Spruce Biosciences Common can use workforce efficiency as another lens on execution, especially when comparing similar businesses in the same industry. A disciplined workforce review can reveal whether execution quality is improving beneath the top-line numbers.

Spruce Biosciences Manpower Efficiency

Return on Spruce Biosciences Manpower

Revenue Per Employee77.4K
Revenue Per Executive63.4K
Net Loss Per Employee4.3M
Net Loss Per Executive3.5M
Working Capital Per Employee3.2M
Working Capital Per Executive2.6M

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