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Insider Selling: PTC Therapeutics (NASDAQ:PTCT) EVP Sells 829 Shares of Stock
PTC Therapeutics (NASDAQ:PTCT) EVP Lee Scott Golden sold 829 shares of the company’s stock on April 2nd for $67.99 per share, totaling $56,363.71. This sale, conducted under a Rule 10b5-1 plan to cover tax withholdings, decreased his holdings by 1.04% to 79,115 shares valued at approximately $5.38 million. This transaction is part of a series of insider sales by Golden this year, occurring alongside the company’s recent earnings miss and a “Moderate Buy” average analyst rating with an $82.71 price target.