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MAPLIGHT THERAPE (MPLT)
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Latest Research & News
MapLight's CFO Just Sold 36,000 Shares for $1 Million. Is It a Buy, Sell, or Hold?
MapLight Therapeutics' CFO Setia Vishwas sold 36,371 shares worth approximately $1.02 million in May 2026 through a pre-arranged Rule 10b5-1 trading plan. The sale reduced his direct holdings by 9.3%, though he retains 356,256 shares. The article notes this shouldn't be interpreted as a lack of confidence since it was part of a predetermined trading plan. MapLight, a clinical-stage biotech company focused on CNS disorders, has seen its stock gain 70.8% over the past year but continues to report deepening losses as it advances its pipeline.
05/15/2026, 2:23 PM • The Motley Fool
MapLight Therapeutics announced that its Phase 2 ZEPHYR trial for ML-007C-MA (schizophrenia treatment) and Phase 2 IRIS trial for ML-004 (autism spectrum disorder) are progressing ahead of schedule, with topline results now expected in Q3 2026. The company cited accelerated enrollment pace and disciplined execution as drivers of the timeline acceleration.
01/09/2026, 7:00 AM • GlobeNewswire
MapLight Therapeutics completed its initial public offering of 16,962,500 shares at $17.00 per share, raising $296.3 million. The company is a clinical-stage biopharmaceutical firm focused on central nervous system disorders, with a lead product candidate ML-007C-MA for schizophrenia and Alzheimer's disease psychosis.
10/29/2025, 9:06 AM • Benzinga
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MoreInformation as of 06/02/2026
Company Profile
MapLight Therapeutics, Inc. operates as a clinical-stage biopharmaceutical company for patients suffering from debilitating central nervous system disorders. The company's products include ML-007C-MA, a fixed-dose combination of an M 1 /M 4 muscarinic agonist for the treatment of schizophrenia and Alzheimer's disease psychosis; ML-004 for the treatment of social communication deficit and/or irritability in autism spectrum disorder; ML-021 for the treatment of motor deficits in Parkinson's disease; ML-055 for the treatment of neuropsychiatric conditions; and ML-009, a G-protein-coupled receptor 52 positive allosteric modulator for the treatment of hyperactivity, impulsivity and agitation-related disorders. The company also develops platform identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation. The company was formerly known as Alvarado Therapeutics, Inc. and changed its name to MapLight Therapeutics, Inc. in August 2019. MapLight Therapeutics, Inc. was incorporated in 2018 and is based in Redwood City, California.
Key Executives
- Christopher A. Kroeger
- Erin Pennock Foff
- Vishwas Setia
- Robert C. Malenka
- Kristopher L. Hanson
Current Ownership Distribution
- Institutions47.7M (87.53%)
- Mutual Funds6.8M (12.47%)
- Insiders0 (0.00%)
- Other0 (0.00%)