PTC Therapeutics’ CFO, Pierre Gravier, sold 2,992 shares of the company’s stock for approximately $207,525 on February 18th, reducing his stake by 3.31%. This insider sale follows a significant fourth-quarter earnings miss, where the company reported an EPS of ($1.67) against an estimated ($0.21) and revenue of $164.7 million versus a $281.5 million consensus, leading to lowered FY-2026 revenue guidance. Despite these financial setbacks and regulatory uncertainties, the company highlights strong early uptake of Sephience and a robust cash position of $1.95 billion to support future commercialization and R&D.
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PTC Therapeutics (NASDAQ:PTCT) CFO Pierre Gravier Sells 2,992 Shares
PTC Therapeutics’ CFO, Pierre Gravier, sold 2,992 shares of the company’s stock for approximately $207,525 on February 18th, reducing his stake by 3.31%. This insider sale follows a significant fourth-quarter earnings miss, where the company reported an EPS of ($1.67) against an estimated ($0.21) and revenue of $164.7 million versus a $281.5 million consensus, leading to lowered FY-2026 revenue guidance. Despite these financial setbacks and regulatory uncertainties, the company highlights strong early uptake of Sephience and a robust cash position of $1.95 billion to support future commercialization and R&D.