Travere Therapeutics, Inc. (NASDAQ:TVTX) Director Sells $320,000.00 in Stock

Market Beat
2025.01.24 10:46
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Travere Therapeutics, Inc. (NASDAQ:TVTX) Director Roy D. Baynes sold 16,000 shares at $20.00 each, totaling $320,000, representing a 34.04% decrease in his ownership. Post-sale, he holds 31,000 shares valued at $620,000. The transaction was disclosed to the SEC. The company's stock opened at $20.81, with a 52-week range of $5.12 to $20.89. Recent earnings showed a revenue increase of 69.6% year-over-year, with analysts forecasting a negative EPS of -3.92 for the current year. Travere has received multiple upgrades from analysts, with an average price target of $24.00.