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Arrowhead Pharmaceuticals' CEO sold a 1% stake in the company, amid lower-than-expected earnings.
Christopher Richard Anzalone, CEO of Arrowhead Pharmaceuticals, recently sold shares of the company's stock, reducing his ownership by about 1%.
The transactions were disclosed to the SEC.
Arrowhead Pharmaceuticals focuses on developing medicines for intractable diseases and recently reported lower-than-expected quarterly earnings.
The company has a market cap of $1.62 billion and analysts expect it to post earnings of -$2.42 per share for the year.
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El CEO de Arrowhead Pharmaceuticals vendió una participación del 1% en la compañía, en medio de ganancias inferiores a las esperadas.