Strategic Sale: Gary Charles Robb Decides To Exercise Options Worth $10.96M At Corcept Therapeutics

benzinga_article
2025.12.30 15:01
portai
I'm PortAI, I can summarize articles.

Gary Charles Robb, Chief Business Officer at Corcept Therapeutics, exercised stock options for 145,000 shares valued at $10.96 million, as disclosed in a recent SEC filing. Following this transaction, Corcept's shares fell by 0.59% to $79.35. The company, focused on developing treatments for severe disorders, reported a revenue growth of 13.75% and maintains a high gross margin of 97.79%. However, its EPS of 0.19 lags behind industry averages, and its P/E and P/S ratios suggest potential overvaluation.