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Tarsus Pharmaceuticals' CEO sold 9% of his shares, but analysts still recommend buying the stock.
Tarsus Pharmaceuticals, a biopharmaceutical company focused on eye care, saw its CEO, Bobak R. Azamian, sell a significant portion of his shares, reducing his ownership by about 9%.
The company's lead product, XDEMVY, treats conditions like blepharitis.
Despite recent insider sales, analysts have a "Buy" rating on the stock with a target price of $63.67.
Tarsus has a market cap of $1.92 billion and is largely owned by institutional investors.
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El CEO de Tarsus Pharmaceuticals vendió el 9% de sus acciones, pero los analistas todavía recomiendan comprar las acciones.