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flag Perceptive Advisors sold nearly 70,400 Lyra Therapeutics shares amid a quarterly loss and reduced analyst outlook.

flag Perceptive Advisors LLC sold 18,502 shares of Lyra Therapeutics (LYRA) on November 10, 2025, reducing its stake by nearly half, part of a larger sell-off totaling about 70,400 shares from November 6 to 10. flag The company reported a quarterly loss of $5.51 per share, above estimates, with revenue of $290,000. flag Lyra Therapeutics, developing ear, nose, and throat treatments using XTreo technology, has a market cap of $7.23 million and a consensus "Reduce" analyst rating, despite a $100.00 average price target.

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