Carlsmed (CARL) Stock: Why It's Up Today
Updated Oct 19, 2026, 4:00 PM ET · closing price
- Closed at $13.66, +1.86% vs the prior close of $13.41.
- Volume 55.65K shares, 0.5x its 50-day average (light).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
CARL rises 1.9% to $13.66. Closed at $13.66, +1.86% vs the prior close of $13.41. Day range $13.31–$14.14, opened at $13.50.
CARL daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 19, 2026 — CARL rises 1.9% to $13.66
- Closed at $13.66, +1.86% vs the prior close of $13.41. Day range $13.31–$14.14, opened at $13.50.
- Volume was 55.65K shares, 0.5x its 50-day average of 106.72K — lighter than usual.
- Price is -8.6% vs its 50-day average ($14.95) and +10.9% vs its 200-day average ($12.31).
- 52-week range $8.50–$17.23; today's close sits at 59% of that range, 20.7% below the 52-week high.
Oct 16, 2026 — CARL slides 3.9% to $13.41, a 1-month low
- Closed at $13.41, -3.87% vs the prior close of $13.95. Day range $13.41–$14.30, opened at $13.96.
- Volume was 73.22K shares, 0.6x its 50-day average of 113.77K.
- Price is -10.3% vs its 50-day average ($14.95) and +9.0% vs its 200-day average ($12.31).
- 52-week range $8.50–$17.23; today's close sits at 56% of that range, 22.2% below the 52-week high.
Oct 15, 2026 — CARL rises 0.7% to $13.95
- Closed at $13.95, +0.72% vs the prior close of $13.85. Day range $13.85–$14.32, opened at $13.91.
- Volume was 33.30K shares, 0.3x its 50-day average of 116.54K — lighter than usual.
- Price is -6.8% vs its 50-day average ($14.96) and +13.3% vs its 200-day average ($12.31).
- 52-week range $8.50–$17.23; today's close sits at 62% of that range, 19.0% below the 52-week high.
Oct 14, 2026 — CARL slides 4.3% to $13.85
- Closed at $13.85, -4.28% vs the prior close of $14.47. Day range $13.76–$14.58, opened at $14.38.
- Volume was 52.10K shares, 0.4x its 50-day average of 118.71K — lighter than usual.
- Price is -7.4% vs its 50-day average ($14.95) and +12.6% vs its 200-day average ($12.30).
- 52-week range $8.50–$17.23; today's close sits at 61% of that range, 19.6% below the 52-week high.
Oct 13, 2026 — CARL dips 2.1% to $14.47
- Closed at $14.47, -2.10% vs the prior close of $14.78. Day range $14.43–$15.00, opened at $14.87.
- Volume was 48.40K shares, 0.4x its 50-day average of 121.72K — lighter than usual.
- Price is -3.2% vs its 50-day average ($14.94) and +17.6% vs its 200-day average ($12.30).
- 52-week range $8.50–$17.23; today's close sits at 68% of that range, 16.0% below the 52-week high.
Oct 12, 2026 — CARL rises 2.5% to $14.78
- Closed at $14.78, +2.50% vs the prior close of $14.42. Day range $14.60–$14.94, opened at $14.63.
- Volume was 36.90K shares, 0.3x its 50-day average of 122.57K — lighter than usual.
- Price is -0.9% vs its 50-day average ($14.91) and +20.2% vs its 200-day average ($12.30).
- 52-week range $8.50–$17.23; today's close sits at 72% of that range, 14.2% below the 52-week high.
Oct 9, 2026 — CARL rises 2.6% to $14.42
- Closed at $14.42, +2.63% vs the prior close of $14.05. Day range $14.00–$14.59, opened at $14.02.
- Volume was 64.50K shares, 0.5x its 50-day average of 123.81K — lighter than usual.
- Price is -3.0% vs its 50-day average ($14.87) and +17.3% vs its 200-day average ($12.29).
- 52-week range $8.50–$17.23; today's close sits at 68% of that range, 16.3% below the 52-week high.
Oct 8, 2026 — CARL dips 2.3% to $14.05, 3 down days in a row
- Closed at $14.05, -2.29% vs the prior close of $14.38. Day range $13.75–$14.36, opened at $14.36.
- Volume was 62.80K shares, 0.5x its 50-day average of 125.31K — lighter than usual.
- Price is -5.3% vs its 50-day average ($14.83) and +14.4% vs its 200-day average ($12.29).
- 52-week range $8.50–$17.23; today's close sits at 64% of that range, 18.5% below the 52-week high.
- That makes 3 straight losses.
Oct 7, 2026 — CARL dips 1.8% to $14.38
- Closed at $14.38, -1.78% vs the prior close of $14.64. Day range $14.36–$14.84, opened at $14.55.
- Volume was 52.10K shares, 0.4x its 50-day average of 127.28K — lighter than usual.
- Price is -2.9% vs its 50-day average ($14.81) and +17.1% vs its 200-day average ($12.28).
- 52-week range $8.50–$17.23; today's close sits at 67% of that range, 16.5% below the 52-week high.
Oct 6, 2026 — CARL slides 4.3% to $14.64
- Closed at $14.64, -4.31% vs the prior close of $15.30. Day range $14.56–$15.43, opened at $15.43.
- Volume was 116.20K shares, 0.9x its 50-day average of 125.89K.
- Price is -0.9% vs its 50-day average ($14.77) and +19.3% vs its 200-day average ($12.27).
- 52-week range $8.50–$17.23; today's close sits at 70% of that range, 15.0% below the 52-week high.
Oct 5, 2026 — CARL jumps 7.2% to $15.30
- Closed at $15.30, +7.22% vs the prior close of $14.27. Day range $14.27–$15.40, opened at $14.39.
- Volume was 130.60K shares, 1.1x its 50-day average of 124.00K.
- Price is +4.1% vs its 50-day average ($14.70) and +24.8% vs its 200-day average ($12.26).
- 52-week range $8.50–$17.23; today's close sits at 78% of that range, 11.2% below the 52-week high.
Oct 2, 2026 — CARL jumps 3.7% to $14.27
- Closed at $14.27, +3.71% vs the prior close of $13.76. Day range $13.70–$14.61, opened at $13.97.
- Volume was 151.60K shares, 1.2x its 50-day average of 122.40K.
- Price is -2.4% vs its 50-day average ($14.61) and +16.5% vs its 200-day average ($12.25).
- 52-week range $8.50–$17.23; today's close sits at 66% of that range, 17.2% below the 52-week high.
CARL bull case vs bear case (from the data)
- Price is +10.9% vs its 200-day average — above the long-term trend line.
- Insiders made 12 open-market purchases in the last 12 months.
- Price is -8.6% vs its 50-day average — short-term trend is down.
- Latest fiscal-year net income: loss of $29.63M.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
CARL latest news & SEC filings
Every SEC filing by or about CARL in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 14, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Oct 6, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Bertolini Jeffrey converted options/RSUs into 747 shares at $5.92 (≈$4.42K) on Oct 5, 2026; now holds 23,236
- Bertolini Jeffrey sold 747 shares at $14.39 (≈$10.75K) on Oct 5, 2026; now holds 22,489
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 5, 2026 · Form 144 — Planned insider sale
Notice of proposed sale (Form 144) — an insider or affiliate plans to sell restricted or control shares
A notice of intent, not a completed sale. Any actual sale by a director or officer shows up later on Form 4.
Oct 1, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Bertolini Jeffrey converted options/RSUs into 243 shares at $2.23 (≈$542) on Sep 30, 2026; now holds 22,732
- Bertolini Jeffrey sold 243 shares at $13.99 (≈$3.40K) on Sep 30, 2026; now holds 22,489
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 1, 2026 · Form S-8 — Employee share plan registration
Registration of shares for employee stock plans (S-8)
Sep 30, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Sep 30, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Heppenstall Richard received an award of 89,286 shares on Sep 28, 2026; now holds 89,286
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Sep 30, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Sep 8, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Aug 21, 2026 · Form EFFECT — EFFECT filing
EFFECT filing
Aug 14, 2026 · Form S-3 — Shelf registration (S-3)
Shelf registration (S-3) — lets the company sell securities over time
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Aug 5, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: -$10.51M (prior year -$6.77M) (loss widened vs Jun 30, 2025)
- Diluted EPS: -$0.39 (prior year -$1.47) (loss narrowed vs Jun 30, 2025)
Aug 5, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Things to know before you trade CARL
- Last results release: Aug 5, 2026 (8-K Item 2.02). Previous ones: May 5, 2026, Feb 25, 2026, Jan 12, 2026. Based on that rhythm, the next report is likely around Nov 4, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 2.70% (largest 7.2%).
- Liquidity: about 71.67K shares (≈$978.98K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $13.66 vs a range of $8.50–$17.23 (59% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 12 open-market buys, 4 sales; latest: Michael Cordonnier sold 197,855 shares on Mar 2, 2026.
- Latest filings: 8-K Sep 30, 2026; 8-K Sep 8, 2026; 10-Q Aug 5, 2026.
- Share count: 27.30M shares outstanding (Aug 3, 2026), +2.7% vs a year earlier.
- Listing: Nasdaq · industry: Surgical & Medical Instruments & Apparatus.
CARL market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | 13.50 | 14.14 | 13.31 | 13.66 | 55.65K |
| Oct 16, 2026 | 13.96 | 14.30 | 13.41 | 13.41 | 73.20K |
| Oct 15, 2026 | 13.91 | 14.32 | 13.85 | 13.95 | 33.30K |
| Oct 14, 2026 | 14.38 | 14.58 | 13.76 | 13.85 | 52.10K |
| Oct 13, 2026 | 14.87 | 15.00 | 14.43 | 14.47 | 48.40K |
| Oct 12, 2026 | 14.63 | 14.94 | 14.60 | 14.78 | 36.90K |
| Oct 9, 2026 | 14.02 | 14.59 | 14.00 | 14.42 | 64.50K |
| Oct 8, 2026 | 14.36 | 14.36 | 13.75 | 14.05 | 62.80K |
| Oct 7, 2026 | 14.55 | 14.84 | 14.36 | 14.38 | 52.10K |
| Oct 6, 2026 | 15.43 | 15.43 | 14.56 | 14.64 | 116.20K |
| Oct 5, 2026 | 14.39 | 15.40 | 14.27 | 15.30 | 130.60K |
| Oct 2, 2026 | 13.97 | 14.61 | 13.70 | 14.27 | 151.60K |
| Oct 1, 2026 | 14.12 | 14.54 | 13.45 | 13.76 | 158.80K |
| Sep 30, 2026 | 13.99 | 14.13 | 13.56 | 14.07 | 56.80K |
| Sep 29, 2026 | 14.14 | 14.21 | 13.63 | 14.09 | 53.80K |
| Sep 28, 2026 | 14.88 | 14.88 | 14.10 | 14.18 | 52.90K |
| Sep 25, 2026 | 14.79 | 15.35 | 14.69 | 15.10 | 65.40K |
| Sep 24, 2026 | 14.70 | 14.93 | 14.43 | 14.82 | 45.20K |
| Sep 23, 2026 | 15.33 | 15.69 | 14.55 | 14.76 | 61.80K |
| Sep 22, 2026 | 15.62 | 15.85 | 15.28 | 15.42 | 61.30K |
About Carlsmed
Carlsmed (CARL) is listed on the Nasdaq and classified by the SEC under “Surgical & Medical Instruments & Apparatus”. Its business address is in CARLSBAD, CA. State of incorporation: DE. Fiscal year ends December 31. SEC CIK 1794546.
CARL board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Niall Casey | Chief IP Officer | Jan 30, 2026 |
| Michael Cordonnier | CEO, President | Mar 4, 2026 |
| Kevin C Oboyle | Director | Jun 22, 2026 |
| Jonathan D Root | Director | Jun 22, 2026 |
| Kevin Sidow | Director | Jun 22, 2026 |
| Philip M Young | Director | Jun 22, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Jeffrey Bertolini | Chief Operating Officer | Sep 10, 2026 |
| Niall Casey | Chief IP Officer | Jan 30, 2026 |
| Michael Cordonnier | CEO, President | Mar 4, 2026 |
| William Scott Durall | Chief Commercial Officer | Jan 30, 2026 |
| Leonard M. Greenstein | CFO, Treasurer | Jan 30, 2026 |
| Richard Heppenstall | CFO, Treasurer | Sep 30, 2026 |
| Jennifer Kamocsay | Chief Legal Officer | Sep 30, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 2, 2026 | Michael Cordonnier | Sale | 197,855 | $13.29 |
| Mar 2, 2026 | Michael Cordonnier | Sale | 197,855 | $13.29 |
| Mar 2, 2026 | Michael Cordonnier | Sale | 197,855 | $13.29 |
| Mar 2, 2026 | Michael Cordonnier | Sale | 197,855 | $13.29 |
| Jul 24, 2025 | Casey M Tansey | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Casey M Tansey | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Venture Partners Xii, L.P. U.S. | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Venture Partners Xii, L.P. U.S. | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Management Group Xii, L.L.C. Presidio | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Management Group Xii, L.L.C. Presidio | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Casey M Tansey | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Casey M Tansey | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Venture Partners Xii, L.P. U.S. | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Venture Partners Xii, L.P. U.S. | Buy | 200,000 | $15.00 |
| Jul 24, 2025 | Management Group Xii, L.L.C. Presidio | Buy | 200,000 | $15.00 |
CARL financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $-29.63M | -2.12 | $-28.98M |
| Dec 31, 2024 | — | $-24.26M | -6.11 | $-25.47M |
Latest balance sheet: total assets $118.20M, total liabilities $33.96M, cash $46.24M (as of Jun 30, 2026).
CARL earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Aug 5, 2026 | 8-K Item 2.02 (results) | $13.56 |
| May 5, 2026 | 8-K Item 2.02 (results) | $8.92 |
| Feb 25, 2026 | 8-K Item 2.02 (results) | $12.56 |
| Jan 12, 2026 | 8-K Item 2.02 (results) | $14.44 |
| Nov 6, 2025 | 8-K Item 2.02 (results) | $11.89 |
| Aug 28, 2025 | 8-K Item 2.02 (results) | $13.69 |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 19, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.