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Insider Cluster (3 insiders) ·Filed Jul 9, 2026

IONS

IONIS PHARMACEUTICALS INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed3mo ago
Insider cluster: 3 insiders, $0.9M total
Actionable Insight • Neutral

Insider selling is negligible in both absolute and relative terms. The largest trade was a director exercising options and immediately selling—standard non-informative behavior. No actionable signal from this cluster.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
IONS ▼ -25.32% at T+60d
NEUTRAL call -25.32% · α vs SPY -27.96% · entry $58.25 → $43.50
Entry = T+0 close
Jul 9, 2026
via day close
T+1d
-2.93%
call -2.93% · α -2.15%
$56.54
settled 4mo ago
T+5d
-6.18%
call -6.18% · α -5.62%
$54.65
settled 3mo ago
T+20d
-2.90%
call -2.90% · α -5.33%
$56.56
settled 3mo ago
T+60d
-25.32%
call -25.32% · α -27.96%
$43.50
settled 24d ago

Price Chart

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Executive Summary

Three IONIS insiders (two directors and an EVP) sold a total of ~$902K in open-market transactions over a one-week period. The sales are negligible relative to the company's $14B market cap (0.006%), and the largest trade involved a director exercising options and immediately selling—a routine pattern. This cluster carries no material signal.

Key Financial Metrics

Direction
selling
Total Value
$902.0K
Insiders
3

Key Facts

  • Director Diaz Allene M. sold 10,111 shares at $85.42 for ~$864K after exercising options.
  • EVP Chief Development Officer Kordasiewicz sold 362 shares at $84.30 for ~$31K.
  • Director Klein Joseph III sold 99 shares at $79.45 for ~$8K.
  • Total open-market sales of $902K represent 0.006% of IONS' $14B market cap.
  • No insider purchases in the cluster.

Financial Impact

Trivial; total insider sales of $902K represent 0.006% of market cap.

market cap

Risk Factors

  • Lack of insider buying could be interpreted as management not adding exposure, but the selling is too small to be meaningful.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
82% bullish (33 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-IONS-1783634901668
24 reports for IONS
Performance horizon
57% Hit rate @ T+20 4 of 7 directional calls Went positive at some point 6 of 8 best @ T+60▲ +32.25%Jul 9, 2026
Filters
Rows
Reports for IONS — sortable, filterable
TypeNow
Oct 23, 2026
2d ago
8-K
BULLISH ★ 7/10
$42.85awaiting T+20—$43.34 (+1.16%)
Oct 21, 2026
4d ago
8-K
BULLISH ★ 7/10
$43.91awaiting T+20—$43.34 (−1.30%)
Oct 21, 2026
4d ago
Institutional Cluster
MIXED ★ 3/10
$43.91awaiting T+20—$43.34 (−1.30%)
Sep 23, 2026
4w ago
8-K
BULLISH ★ 7/10
$43.93 $44.27▲ +0.77%▲ +0.09%$43.34 (−1.34%)
Sep 4, 2026
7w ago
8-K
BEARISH ★ 7/10
$56.71 $44.00▲ +22.41%▲ +24.13%$43.34 (+23.58%)
Sep 4, 2026
7w ago
8-K
BULLISH ★ 7/10
$58.09 $43.50▼ −25.12%▼ −25.72%$43.34 (−25.39%)
Jul 31, 2026
12w ago
Insider Buy
NEUTRAL ★ 4/10
$54.49 $60.36▲ +10.77%▲ +9.53%$43.34 (−20.46%)
Jul 29, 2026
12w ago
8-K
MIXED ★ 6/10
$54.04 $63.36▲ +17.25%▲ +12.23%$43.34 (−19.80%)
Jul 9, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$58.25 $56.56▼ −2.90%▼ −5.33%$43.34 (−25.60%)
Jul 9, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$58.25 $56.56▼ −2.90%▼ −5.33%$43.34 (−25.60%)
Showing 10 of 24

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Report published Jul 9, 2026