Insider Sale: Director Jerome Zeldis Sells 20,000 Shares of PTC Therapeutics Inc (PTCT)
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Director Jerome Zeldis of PTC Therapeutics Inc (NASDAQ:PTCT) executed a sale of 20,000 shares of the company on May 22, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 14,500 shares of the company.
PTC Therapeutics Inc is a biopharmaceutical company focused on the discovery, development, and commercialization of orally administered, proprietary small-molecule drugs that target post-transcriptional control processes. The company's efforts are primarily concentrated on rare disorders and oncology.
Over the past year, Jerome Zeldis has sold a total of 20,000 shares and has not made any purchases. The insider transaction history for PTC Therapeutics Inc shows a pattern of 21 insider sells and only 1 insider buy over the same timeframe.
Shares of PTC Therapeutics Inc were trading at $38.24 on the day of the transaction. The company has a market cap of $2.853 billion.
The stock's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjusted for the company's past performance and expected future business outcomes.
With a current price of $38.24 and a GF Value of $55.06, the stock has a price-to-GF-Value ratio of 0.69, suggesting that it is a Possible Value Trap, Think Twice before investing.
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