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flag Insiders sold $5.88M in Apogee Therapeutics stock while the company posted a smaller-than-expected loss.

flag Institutional investor Schroder Investment Management increased its stake in Apogee Therapeutics (APGE) by 22.9% in Q2, holding 119,246 shares worth $5.18 million by quarter’s end. flag On December 4, CEO Michael Thomas Henderson sold 40,000 shares and insider Carl Dambkowski sold 10,900 shares, totaling $5.88 million in sales over 90 days. flag The company reported a quarterly loss of $1.11 per share, slightly better than expected, with analysts projecting a full-year loss of $3.09. flag APGE, a biotech developing biologics for inflammatory diseases like atopic dermatitis and COPD, has a market cap of $5.24 billion and a “Moderate Buy” consensus rating with a $98.38 target price.

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