Cogent Insider Sells $2.5 Million in Stock Amid Staggering 300% Price Surge

3 hours ago 1

Jonathan Ponciano, The Motley Fool

Sun, January 11, 2026 astatine 2:15 PM CST 5 min read

  • According to a Form 4, 1 Cogent Biosciences insider sold 65,000 shares of the biotech connected Dec. 26 for a full worth of $2.52 million.

  • This merchantability represented 37.27% of Evan Kearns's nonstop holdings, arsenic reported, reducing nonstop ownership to 109,398 shares.

  • No indirect holdings oregon derivative transactions were involved; each shares were disposed of from nonstop ownership.

  • These 10 stocks could mint the adjacent question of millionaires ›

Evan Kearns, the main ineligible serviceman astatine Cogent Biosciences (NASDAQ:COGT), reported an open-market merchantability of 65,000 shares for a transaction worth of $2.52 million, according to a Dec. 30 SEC Form 4 filing.

Metric

Value

Shares sold (direct)

65,000

Transaction value

$2.5 million

Post-transaction shares (direct)

109,398

Post-transaction worth (direct ownership)

$4.25 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($38.70); post-transaction worth based connected Dec. 26 marketplace adjacent terms utilized successful SEC calculations.

  • How important was the simplification successful Evan Kearns's holdings arsenic a effect of this transaction?
    The merchantability reduced Kearns's nonstop ownership by 37.27%, leaving him with 109,398 shares, notably shrinking his nonstop vulnerability to Cogent Biosciences equity.

  • Did the transaction impact immoderate derivative oregon indirect interests?
    No; the filing confirms each shares sold were held directly, with nary engagement of equity awards, trusts, oregon different indirect entities.

  • How does the transaction size comparison to Kearns's trading history?
    This is the sole open-market merchantability by Kearns successful the disposable record, truthful nary recurring commercialized size inclination is evident for open-market dispositions.

  • What is the existent marketplace discourse for Cogent Biosciences shares?
    As of Dec. 26, the past reported terms applicable to the transaction was $38.70, reflecting a one-year full instrumentality of 345.38%, portion Kearns's post-sale holdings held an approximate marketplace worth of $4.25 million.

Metric

Value

Price (as of marketplace adjacent 12/26/25)

$38.70

Market capitalization

$4.95 billion

Net income (TTM)

($294.37 million)

1-year terms change

345.38%

  • Cogent's pb merchandise campaigner is CGT9486, a selective tyrosine kinase inhibitor targeting KIT D816V and different KIT exon 17 mutations, with a absorption connected systemic mastocytosis and precocious gastrointestinal stromal tumors.

  • The biotech operates a precision medicine model, processing targeted therapies for genetically defined diseases, with gross imaginable tied to palmy cause improvement and commercialization, including licensing agreements specified arsenic with Plexxikon Inc. for bezuclastinib.

  • Its superior customers are healthcare providers, oncologists, and institutions treating patients with uncommon familial diseases and cancers driven by circumstantial mutations.


Read Entire Article