Solid Biosciences (NASDAQ:SLDB) CEO Sells $314,999.72 in Stock

Market Beat
2026.02.07 13:57
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Solid Biosciences CEO Alexander Cumbo sold 48,913 shares of the company's stock for $314,999.72, reducing his ownership by 18.05%. Following the sale, he holds 222,018 shares valued at approximately $1.43 million. This transaction was disclosed to the SEC. Cumbo also sold additional shares earlier, raising concerns among investors about insider selling. The stock is currently trading at $6.52, with a market cap of $507.97 million and a P/E ratio of -2.62. Institutional investors hold 81.46% of the stock, indicating strong interest despite recent insider sales.