A

Adaptive Biotechnologies

Decodes immune receptor data for diagnostics

Vice President of Information Technology

Full-Time
$261k - $391.6k+ Equity grant + Bonus eligible
Expert
Bachelor's, Master's, PhD
Remote in USA
RemotePeriodic travel, up to three times per quarter, may be required.
IT Operations
No H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in Information Technology, Computer Science, Business, or a related field, or equivalent practical experience, with at least 20 years of related experience; alternatively, a master's degree in a related field with at least 18 years of related experience; or a doctorate in a related field with at least 12 years of related experience.
  • Significant senior leadership experience within enterprise IT, including leadership of managers, multidisciplinary teams, and complex technology portfolios.
  • Demonstrated success defining and executing an enterprise IT strategy aligned with business objectives and organizational growth.
  • Proven experience leading enterprise IT operations in a complex, distributed, or rapidly evolving organization.
  • Deep understanding of cloud platforms, enterprise SaaS, identity and access management, endpoint technologies, networking, collaboration platforms, Modern Workplace capabilities, and IT service management.
  • Demonstrated experience overseeing enterprise applications and data platforms, including an Enterprise Data Warehouse.
  • Experience leading Service Desk operations and establishing measurable service-management and employee-experience practices.
  • Experience establishing effective relationships between IT and business functions, including demand management, prioritization, roadmap development, and value realization.
  • Proven ability to lead large-scale technology transformations and complex, cross-functional initiatives.
  • Experience developing and managing significant budgets, investment portfolios, strategic vendors, and outsourced service providers.
  • Strong knowledge of IT governance, data governance, operational risk, business continuity, disaster recovery, and security-control practices.
  • Demonstrated ability to influence executive stakeholders, communicate complex technology matters clearly, and make sound decisions with incomplete or evolving information.
  • Strong business and financial acumen, with the ability to connect technology investments to measurable business value.
Responsibilities
  • Define and own Adaptive’s enterprise IT strategy, operating model, and multi-year roadmap in alignment with company and Technology priorities.
  • Partner with the SVP, Technology, executive leadership team, and functional leaders to identify business needs, evaluate technology opportunities, and prioritize enterprise investments.
  • Serve as the company’s principal advisor on enterprise IT capabilities, operational resilience, technology lifecycle management, data platforms, and the employee technology experience.
  • Translate business strategy into scalable technology capabilities, transformation initiatives, investment plans, and measurable outcomes.
  • Establish enterprise IT priorities and communicate strategy, performance, risks, and investment needs to executive stakeholders.
  • Monitor emerging technologies, industry trends, and evolving business requirements to identify opportunities and manage enterprise technology risk.
  • Build, lead, and develop a high-performing enterprise IT organization capable of supporting Adaptive’s current operations and future growth.
  • Establish an effective organizational structure with clear roles, decision rights, accountability, succession plans, and career development opportunities.
  • Lead and develop IT leaders and teams through clear expectations, regular coaching, performance management, and workforce planning.
  • Foster a culture of customer focus, operational excellence, accountability, collaboration, innovation, and continuous improvement.
  • Define and maintain IT governance, policies, standards, controls, and operating procedures across the enterprise.
  • Establish appropriate sourcing and service-delivery models across internal teams, managed service providers, consultants, and technology vendors.
  • Own the strategy, architecture, implementation, operation, and lifecycle management of Adaptive’s corporate technology environment.
  • Provide executive oversight for networks, cloud platforms, identity and access management, endpoints, telecommunications, collaboration platforms, and workplace technology.
  • Establish the enterprise applications strategy and oversee platforms supporting functions such as Finance, Human Resources, Legal, Operations, and employee productivity.
  • Own the strategy, architecture, operation, and lifecycle management of the Enterprise Data Warehouse and related enterprise data platforms.
  • Ensure enterprise systems and data platforms are resilient, scalable, secure, supportable, integrated, and aligned with business requirements and enterprise architecture standards.
  • Partner with Data, Engineering, Security, and business leaders to establish standards for data architecture, integration, governance, quality, access, retention, lineage, and security.
  • Oversee the integration of enterprise applications and source systems into the Enterprise Data Warehouse, including data pipelines, monitoring, service levels, and operational support.
  • Ensure enterprise data platforms effectively support reporting, analytics, regulatory requirements, and strategic decision-making.
  • Guide technology selection, modernization, consolidation, and retirement decisions to reduce complexity and improve business value.
  • Establish lifecycle, capacity, availability, performance, and resilience plans for critical enterprise systems and data services.
  • Own the Modern Workplace strategy, including endpoints, collaboration platforms, productivity tools, mobility, workplace technology, and employee technology adoption.
  • Establish the vision and service model for enterprise IT support and the end-to-end employee technology experience.
  • Provide executive oversight of Service Desk operations, including incident and request fulfillment, knowledge management, escalation, service performance, and continuous improvement.
  • Ensure consistent, responsive, and high-quality IT services across office-based, remote, and distributed teams.
  • Define service-level objectives, key performance indicators, experience measures, operational metrics, and executive reporting mechanisms.
  • Use performance data and employee feedback to improve service quality, reliability, productivity, adoption, and satisfaction.
  • Provide executive oversight of incident, problem, request, asset, knowledge, configuration, and change-management practices.
  • Ensure technology onboarding, offboarding, and other employee lifecycle services are secure, consistent, efficient, and scalable.
  • Establish and lead a Business Relationship Management capability that connects business priorities with IT strategy, services, capabilities, and investments.
  • Develop trusted relationships with functional leaders to understand their objectives, demand, pain points, risks, and future capability needs.
  • Maintain business technology roadmaps and facilitate demand intake, prioritization, portfolio planning, and value realization.
  • Translate business needs into clear technology requirements, service improvements, and investment proposals.
  • Ensure business stakeholders receive clear communication regarding service performance, initiative status, technology risks, dependencies, and investment decisions.
  • Measure stakeholder satisfaction and the business value delivered through IT services and initiatives.
  • Promote adoption of enterprise technology capabilities and ensure business areas are prepared for technology-driven change.
  • Partner with Information Security, Privacy, Legal, and Compliance leaders to maintain secure IT operations and support regulatory and contractual obligations.
  • Ensure the effective implementation and operation of IT controls related to identity and access management, endpoint security, vulnerability remediation, patching, configuration, backups, and disaster recovery.
  • Establish clear accountability for technology risks and ensure material risks, control gaps, and remediation plans are communicated to appropriate executive stakeholders.
  • Oversee IT’s participation in audits, risk assessments, regulatory reviews, and customer assurance activities.
  • Maintain and regularly test IT business-continuity and disaster-recovery capabilities.
  • Provide executive leadership during significant technology incidents, coordinating response, communication, recovery, root-cause analysis, and corrective action.
  • Own enterprise IT portfolio planning, prioritization, governance, and delivery.
  • Develop and manage the IT operating and capital budgets, multi-year investment plans, forecasts, and resource-allocation decisions.
  • Establish business cases and value measures for significant technology investments and ensure initiatives deliver intended outcomes.
  • Provide executive oversight of strategic vendors, managed service providers, contracts, renewals, licensing, and commercial negotiations.
  • Evaluate vendor performance, concentration risk, service quality, security posture, and long-term strategic fit.
  • Drive cost optimization, platform rationalization, and operational efficiency while maintaining appropriate service, security, resilience, and compliance standards.
  • Build trusted partnerships with Engineering, Data, Security, Finance, Human Resources, Legal, Compliance, Operations, and other business functions.
  • Lead the IT components of enterprise transformations, organizational changes, office expansions, and major business initiatives.
  • Partner with business leaders to improve processes, increase automation, strengthen data flows, and support effective technology adoption.
  • Provide leadership for the IT aspects of mergers, acquisitions, divestitures, and integrations, including diligence, planning, execution, and stabilization.
  • Establish effective change-management and communication practices for enterprise technology initiatives.
  • Represent enterprise IT in executive planning, governance, and decision-making forums.
  • Perform other duties as assigned.
  • Travel periodically, up to three times per quarter, to support business operations, team collaboration, or strategic initiatives, as required.
  • Work intermittently outside normal business hours, including evenings or weekends, to provide executive oversight for critical incidents, system upgrades, or major initiatives, as required.
  • Participate in executive escalation and major-incident response processes to ensure continuity of critical IT services.
Desired Qualifications
  • Experience in a regulated or compliance-driven environment.
  • Working knowledge of security, privacy, and compliance frameworks such as SOC 2, ISO 27001, HIPAA, or other applicable standards.
  • Experience supporting global or geographically distributed organizations.
  • Experience leading IT integrations for mergers, acquisitions, divestitures, or significant organizational transformations.
  • Experience presenting technology strategy, performance, investment priorities, and risk considerations to executive leadership or board-level audiences.
  • Relevant certifications such as ITIL, PMP, CISSP, Certified Business Relationship Manager, or cloud-platform certifications.

About the company

A

Adaptive Biotechnologies

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Decodes immune cell receptor genetics to map immune repertoires and create diagnostics and therapies. Uses data-driven analysis to turn immune-repertoire data into diagnostic tools and treatment guidance. Stands out by applying immune-system genetics at scale and partnering with pharma, licensing technology, and providing diagnostic services, as seen in ImmuneRACE for COVID-19. Aims to turn immune-repertoire information into practical diagnostics and therapies across infectious diseases and beyond.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Seattle, Washington

Founded

2009

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 30% to $71.6 million, with MRD up 33%.
  • Adaptive raised 2026 MRD guidance to $268 million-$278 million after stronger clinical volume.
  • ASCO, EHA, and NCCN 2026 all reinforced clonoSEQ as routine hematology infrastructure.

What critics are saying

  • Immune Medicine revenue fell 57% in Q1 2026, leaving Adaptive dangerously MRD-concentrated.
  • The June 2026 separation process can distract management and fail to unlock value by year-end.
  • A cheaper MRD rival winning NCCN or Medicare coverage would crush clonoSEQ pricing quickly.

What makes Adaptive Biotechnologies unique

  • clonoSEQ is the only FDA-cleared NGS MRD assay for myeloma, ALL, and CLL.
  • September 25, 2026 IMS cure definition centers on 10^-6 MRD testing, favoring clonoSEQ.
  • Adaptive owns 6 million TCR-antigen pairs and 10,000-patient data powering Immune Medicine.

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Benefits

  • Company Equity
  • Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
Securities.io
Oct 14th, 2026
Adaptive Biotechnologies sets November 4 date for Q3 2026 results.

Adaptive Biotechnologies sets November 4 date for Q3 2026 results. Published October 14, 2026 Ren Ishikawa Bioinformatics & Precision Medicine, AI Research Agent Adaptive Biotechnologies will report financial results for the third quarter of 2026 after market close on Wednesday, November 4, 2026, the company said in an October 14 announcement. Company management will webcast a corresponding conference call beginning at 1:30 p.m. Pacific Time and 4:30 p.m. Eastern Time. Live audio of the webcast will be available on the Investors section of the company's website, and the webcast will be archived and available for replay within 24 hours after the event. The Seattle-based company described itself in the announcement as a commercial-stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease. Second-Quarter 2026 results. The company last reported results on July 29, 2026, covering the quarter ended June 30, 2026. In that second-quarter report, Adaptive reported revenue of $71.6 million, a 22% increase from the second quarter of 2025. Excluding revenue recognized under the Genentech Agreement, which did not generate revenue in the quarter, revenue increased 30%. Adaptive reports across two businesses, Minimal Residual Disease (MRD) and Immune Medicine. MRD revenue was $66.2 million for the quarter, a 33% increase from the prior-year period, and the MRD business contributed 92% of revenue, the company reported. Immune Medicine revenue was $5.4 million, a 40% decrease; excluding revenue generated from the Genentech Agreement, Immune Medicine revenue increased 8%. Deliveries of the company's clonoSEQ test increased 43% to 36,111 tests versus the second quarter of 2025. Operating expenses were $87.3 million, compared with $83.9 million in the prior-year quarter, an increase of 4%. Interest and other income, net, was $2.3 million, compared with $2.4 million a year earlier, and interest expense was $2.7 million, compared with $2.9 million. Net loss was $39.9 million, compared with $25.6 million in the second quarter of 2025, and net loss per share attributable to common shareholders was $0.25 on a basic and diluted basis, compared with $0.17. The company's statements show a $23.7 million loss on revenue interest liability extinguishment in the quarter; excluding the loss recognized on the settlement of the OrbiMed Purchase Agreement, net loss was $16.2 million. Adjusted EBITDA, a non-GAAP measure the company defines as net loss adjusted for items including interest, taxes, depreciation and amortization, impairment, restructuring, share-based compensation and the revenue interest liability extinguishment loss, was a loss of $0.7 million, compared with a loss of $7.2 million a year earlier. MRD segment Adjusted EBITDA was $9.1 million, compared with $1.9 million in the prior-year quarter, while the Immune Medicine segment recorded an Adjusted EBITDA loss of $6.3 million, compared with a loss of $5.7 million. Cash, cash equivalents and marketable securities totaled $371.7 million as of June 30, 2026, including $15.1 million of cash and cash equivalents held by Digital Biotechnologies, Inc., the company reported. "We delivered an exceptional second quarter, driven by expanding growth and profitability in MRD, including both our clinical and biopharma businesses," Chad Robins, the company's chief executive officer and co-founder, said in the July report. 2026 guidance and June convertible financing. In the July report, Adaptive raised its full-year 2026 revenue guidance for the MRD business to between $268 million and $278 million, from a previous range of $260 million to $270 million, a range the company said implies annual growth of 26% to 31%. The company narrowed its expected full-year total operating expenses, including cost of revenue, to between $350 million and $355 million, from a previous range of $350 million to $360 million. It provides no revenue guidance for the Immune Medicine business. The company also reported in July that it had completed a $345 million zero-coupon convertible senior notes offering and repaid the OrbiMed Purchase Agreement. The notes were priced on June 17, 2026 as $300 million in aggregate principal amount of 0% convertible senior notes due 2031, upsized from a previously announced offering of $250 million, in a private offering to persons reasonably believed to be qualified institutional buyers under Rule 144A of the Securities Act, according to the company's pricing announcement. The sale was scheduled to settle on June 22, 2026, and Adaptive granted the initial purchasers an option to purchase up to an additional $45 million in aggregate principal amount of notes. The notes are senior, unsecured obligations that do not bear regular interest, and they mature on July 1, 2031, unless earlier repurchased, redeemed or converted. The initial conversion rate is 41.48 shares of common stock per $1,000 principal amount of notes, representing an initial conversion price of approximately $24.11 per share, a premium of approximately 40% over the last reported sale price of the company's common stock of $17.22 per share on June 16, 2026, the company said. Adaptive estimated net proceeds from the offering of approximately $290.8 million, or approximately $334.5 million if the initial purchasers exercised their option in full. The company said it would use approximately $22.3 million of the net proceeds to fund capped call transactions with an initial cap price of $34.44 per share, a premium of 100% over the June 16 share price, and approximately $25.0 million to repurchase 1,451,800 shares of its common stock concurrently with the offering. It said the remainder of the net proceeds would go toward repayment of the OrbiMed Purchase Agreement, general corporate purposes and opportunistic initiatives in the MRD business. In the second-quarter report, the company also announced plans to pursue a separation of its MRD and Immune Medicine businesses, and said Harlan Robins is transitioning from chief scientific officer to a strategic consultant focused on key MRD research and development initiatives and the separation of the Immune Medicine business. Ren Ishikawa is an AI-generated markets research agent at Securities.io, covering Bioinformatics & Precision Medicine and the public companies, market infrastructure and investable technologies shaping that field. Ren Ishikawa monitors bioinformatics, multi-omics, liquid biopsy, precision diagnostics, clinical data platforms and biomarker-led therapeutics; validation, reimbursement, partnerships and public-company read-throughs. Coverage follows a data-literate, evidence-demanding, clinically grounded perspective, prioritizing first-party announcements, company fundamentals, competitive positioning and developments with material relevance for investors. Articles authored by Ren Ishikawa are AI-generated and reviewed by Securities.io's editorial team to ensure factual accuracy, source quality and responsible coverage. Content is provided for educational purposes and does not constitute investment advice.

GlobeNewswire
Sep 25th, 2026
Adaptive Biotechnologies highlights role of highly sensitive MRD testing in new International Myeloma Society definition of cure.

Adaptive Biotechnologies highlights role of highly sensitive MRD testing in new International Myeloma Society definition of cure. Definition requires five years off myeloma treatment with sustained MRD negativity, assessed with technology sensitive enough to identify one myeloma cell among one million cells. SEATTLE, Sept. 25, 2026 (GLOBE NEWSWIRE) - Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today highlighted the new consensus definition of cure for multiple myeloma, presented at the International Myeloma Society (IMS) 23rd Annual Meeting in Glasgow, Scotland, on behalf of IMS and the International Myeloma Working Group (IMWG). Long considered an incurable disease, multiple myeloma is entering a new phase in which some patients are remaining free of detectable disease for years after treatment ends. Significant advances in both myeloma therapeutic strategies and disease monitoring technologies are giving clinicians more effective ways to drive deep responses and more sensitive ways to measure them. As more patients achieve these outcomes, a clear standard for determining when a long-term response may be considered a cure is necessary. The new consensus definition establishes that standard and places sustained measurable residual disease (MRD) negativity at the center of determining whether a deep response has endured over time. Under the consensus definition reached by global myeloma experts, a patient with newly diagnosed or relapsed disease may be considered cured after five years in complete remission without any myeloma treatment. During that period, the definition requires: * At least four negative MRD assessments, including one at the five-year mark, with no positive result in between. * MRD tests must use next-generation sequencing or next-generation flow at a sensitivity of 10[−6], or one myeloma cell among one million cells. * Advanced imaging, using PET/CT or diffusion-weighted whole-body MRI, must show no disease at the start and end of the period, with no positive scan in between if additional scans are performed. These criteria illustrate that advanced disease assessment methodologies, including clonoSEQ(R), will play a central role in determining which patients meet the definition of cure. "In the world of treating multiple myeloma, we have now reached a point where we can actually cure patients. Part of that cure definition is that the patient has no measurable disease in their bone marrow," said Dr. Jeffrey Wolf, clinical professor, Department of Medicine, University of California, San Francisco. "The ideal way of measuring that is to use the clonoSEQ Assay, which has been proven over many years to be the most reproducible way of defining residual disease in these patients." Establishing this consensus definition is the beginning of a new era for patients; significant ongoing research will be required to continue to expand the fraction who are cured and to better understand the probability of cure in specific patient subpopulations. "Patients are excited to hear the cure conversation gain momentum but want to balance the hope with their lived reality," said Jenny Ahlstrom, myeloma patient and CEO and founder, HealthTree Foundation. "Given that all myeloma is not the same, learning who can and will be cured will be one of the most important discoveries in the near future." "The consensus definition of cure in myeloma marks a defining moment for the patient community and a landmark achievement for the field. Together with last week's NCCN Guidelines(R) update, this development clearly affirms that highly sensitive MRD assessment should be systematically integrated into routine myeloma care," said Susan Bobulsky, chief commercial officer, MRD, Adaptive Biotechnologies. "As the first and only FDA-cleared next-generation sequencing MRD test, clonoSEQ is uniquely positioned to support the level of rigor the cure definition requires, giving clinicians a precise way to measure deep responses over time and offering patients clearer insight into the outcome of their treatment." About clonoSEQ clonoSEQ(R) is the first and only FDA-cleared in vitro diagnostic (IVD) test for detecting and tracking minimal (or measurable) residual disease (MRD) in patients with multiple myeloma (MM) or B-cell acute lymphoblastic leukemia (B-ALL) using bone marrow, and in patients with chronic lymphocytic leukemia (CLL) using blood or bone marrow. clonoSEQ is also available in diffuse large B-cell lymphoma (DLBCL), mantle cell lymphoma (MCL), and other lymphoid cancers and specimen types as a CLIA-validated laboratory-developed test (LDT). clonoSEQ is covered by Medicare for MM, CLL, ALL, DLBCL and MCL. clonoSEQ identifies and quantifies DNA sequences in malignant cells - detecting one cancer cell in one million healthy cells - to help clinicians and researchers assess and monitor MRD with precision over time. It delivers standardized, sensitive results that inform treatment decisions, predict outcomes, and detect relapses earlier. clonoSEQ has been extensively studied in more than 300 peer-reviewed publications. clonoSEQ is CE-marked under the EU In Vitro Diagnostic Regulation (IVDR). For intended use details in the EU, see the instructions for use, available on request. To review the FDA-cleared uses of clonoSEQ, visit clonoSEQ.com/technical-summary. About Adaptive Biotechnologies Adaptive Biotechnologies ("we" or "our") is a commercial-stage biotechnology company focused on harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. We believe the adaptive immune system is nature's most finely tuned diagnostic and therapeutic for most diseases, but the inability to decode it has prevented the medical community from fully leveraging its capabilities. Our proprietary immune medicine platform reveals and translates the massive genetics of the adaptive immune system with scale, precision, and speed. We apply our platform to partner with biopharmaceutical companies, inform drug development, and develop clinical diagnostics across our two business areas: Minimal Residual Disease (MRD) and Immune Medicine. Our commercial products and clinical pipeline enable the diagnosis, monitoring, and treatment of diseases such as cancer, autoimmune disorders, and infectious diseases. Our goal is to develop and commercialize immune-driven clinical products tailored to each individual patient. Forward-Looking Statements This press release contains forward-looking statements that are based on management's beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations. In some cases, you can identify forward-looking statements by the words "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections regarding the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law. ADAPTIVE INVESTORS Karina Calzadilla, Vice President, Investor Relations and FP&A 201-396-1687 [email protected] ADAPTIVE MEDIA Erica Jones, Associate Corporate Communications Director 206-279-2423 [email protected]

Yahoo Finance
Sep 24th, 2026
NCCN myeloma guidelines now name Adaptive Biotechnologies' clonoSEQ as preferred MRD test

The National Comprehensive Cancer Network has updated its multiple myeloma guidelines to include a dedicated page on minimal residual disease testing, specifically referencing Adaptive Biotechnologies' FDA-cleared clonoSEQ assay. The guidelines recommend preferred high-sensitivity thresholds and expanded testing timepoints. The explicit inclusion of clonoSEQ by name, alongside recommendations for routine and longitudinal MRD assessment, strengthens its position as a standardised tool in myeloma care. This could influence how frequently clinicians order the test throughout a patient's treatment journey. Adaptive Biotechnologies announced in June 2026 that it is exploring separating its MRD and Immune Medicine businesses. The company's narrative projects $491.4 million revenue and $18.5 million earnings by 2029, requiring 16.8% yearly revenue growth. Analysts' fair value estimates reach $26.36, representing a 5% downside to the current price.

Yahoo Finance
Jul 29th, 2026
Adaptive Biotechnologies Q2 revenue climbs 30% to $71.6M, raises full-year MRD outlook to $278M

Adaptive Biotechnologies reported second-quarter revenue of $71.6 million, up 30% year over year, driven by a 33% increase in minimal residual disease revenue to $66.2 million. Clinical testing revenue rose 53% on higher volumes and pricing. The company delivered more than 36,100 clonoSEQ tests in the quarter, up 11% sequentially. US average selling price increased to $1,382 per test, reflecting reimbursement gains and operational improvements. Adaptive raised its full-year MRD revenue outlook to $268 million–$278 million. Sequencing gross margin improved to 72%, up from 64% a year earlier. The company completed a $340 million convertible note offering and ended the quarter with approximately $357 million in cash. It is evaluating options to separate its Immune Medicine business by year-end.

MarketBeat
Jul 28th, 2026
Adaptive Biotechnologies (NASDAQ:ADPT) insider Harlan Robins sells 492,400 shares of stock.

Adaptive Biotechnologies (NASDAQ:ADPT) insider Harlan Robins sells 492,400 shares of stock. July 28, 2026 Key points. * Insider sale: Harlan Robins sold 492,400 Adaptive Biotechnologies shares for approximately $10.8 million under a pre-arranged Rule 10b5-1 trading plan, reducing his ownership by 37.75% to 812,058 shares. * Business performance: Adaptive Biotechnologies reported quarterly revenue of $70.87 million, up 35.1% year over year, and adjusted its loss to $0.13 per share, beating analyst expectations. * Market outlook: ADPT shares rose 0.6% to $22.68, while analysts maintained a consensus "Moderate Buy" rating with an average price target of $20.83; institutional investors own 99.17% of the stock. * Interested in Adaptive Biotechnologies? Here are five stocks we like better. Adaptive Biotechnologies Corporation (NASDAQ:ADPT - Get Free Report) insider Harlan Robins sold 492,400 shares of the business's stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $21.89, for a total transaction of $10,778,636.00. Following the completion of the sale, the insider owned 812,058 shares in the company, valued at $17,775,949.62. The trade was a 37.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Adaptive Biotechnologies trading up 0.6%. ADPT stock traded up $0.14 on Tuesday, hitting $22.68. 428,289 shares of the company's stock traded hands, compared to its average volume of 2,299,114. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of -68.63 and a beta of 2.07. Adaptive Biotechnologies Corporation has a 1-year low of $9.96 and a 1-year high of $23.15. The stock has a fifty day moving average of $18.69 and a 200-day moving average of $16.47. Adaptive Biotechnologies (NASDAQ:ADPT - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.03. The firm had revenue of $70.87 million for the quarter, compared to analyst estimates of $61.03 million. Adaptive Biotechnologies had a negative net margin of 16.82% and a negative return on equity of 40.06%. The firm's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.20) earnings per share. On average, equities research analysts anticipate that Adaptive Biotechnologies Corporation will post -0.47 earnings per share for the current fiscal year. Wall Street analysts forecast growth. ADPT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their target price on Adaptive Biotechnologies from $21.00 to $19.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 6th. Guggenheim increased their price target on Adaptive Biotechnologies from $21.00 to $22.00 and gave the company a "buy" rating in a research report on Monday, June 29th. TD Cowen reissued a "buy" rating on shares of Adaptive Biotechnologies in a research note on Wednesday, July 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Adaptive Biotechnologies in a report on Friday, July 17th. Finally, BTIG Research restated a "buy" rating and set a $22.00 price objective on shares of Adaptive Biotechnologies in a report on Wednesday, June 17th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.83. Hedge funds weigh in on Adaptive Biotechnologies. Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Adaptive Biotechnologies in the fourth quarter valued at $28,000. EverSource Wealth Advisors LLC grew its holdings in shares of Adaptive Biotechnologies by 197.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,359 shares of the company's stock valued at $38,000 after buying an additional 1,565 shares in the last quarter. KBC Group NV purchased a new position in shares of Adaptive Biotechnologies during the first quarter valued at $45,000. Assetmark Inc. raised its position in Adaptive Biotechnologies by 867.9% during the fourth quarter. Assetmark Inc. now owns 3,020 shares of the company's stock valued at $49,000 after buying an additional 2,708 shares during the period. Finally, T. Rowe Price Investment Management Inc. purchased a new stake in Adaptive Biotechnologies in the 4th quarter worth about $51,000. 99.17% of the stock is currently owned by hedge funds and other institutional investors. Adaptive Biotechnologies company profile. Adaptive Biotechnologies is a clinical-stage biotechnology company that focuses on harnessing the adaptive immune system to transform the diagnosis and treatment of disease. Through proprietary immune receptor sequencing and analysis, the company decodes the genetic information of T-cell and B-cell receptors to identify signatures of immune response. Its core technology platform provides insights into immune-driven conditions, enabling more precise monitoring and targeted therapeutic development. The company's flagship product, immunoSEQ, offers high-throughput immune repertoire profiling for researchers and pharmaceutical partners. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Adaptive Biotechnologies, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adaptive Biotechnologies wasn't on the list. While Adaptive Biotechnologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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