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Insiders sold $8.8M in Ionis shares Jan. 16 amid strong earnings and rising stock.
Ionis Pharmaceuticals (IONS) executive Patrick O’Neil sold 9,191 shares on January 16 at $75.84, reducing his stake by 12.2% to 66,171 shares.
A broader insider sell-off that day totaled about $8.8 million across multiple executives, including CEO Brett Monia.
The stock rose to $77.53 on January 21, with high volume, following a strong Q3 earnings report that beat estimates and showed 17.2% revenue growth.
Analysts maintain a "moderate buy" rating, citing the 2026 expected launch of olezarsen for SHTG as a key growth driver, despite concerns over the large insider sales.
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Insiders vendió $8.8 millones en acciones de Ionis el 16 de enero en medio de fuertes ganancias y acciones en alza.