Insider sales are immaterial in dollar terms and likely reflect routine diversification and option exercise tax planning. No bearish signal from this cluster. Monitor next earnings for fundamental updates; the 95% analyst buy rating and strong historical performance suggest continued positive sentiment.
Price Chart
Executive Summary
Three Mirum insiders, including the CEO and CFO, sold a total of $854K in open-market sales over a one-week window. The CFO also exercised and sold shares from option exercises, while the COO exercised options without selling. The sales represent ~0.015% of the $5.7B market cap, well below the 0.1% threshold for materiality, and the cluster includes a mix of cashless exercises and open-market sales, suggesting routine portfolio management rather than a coordinated bearish signal.
Key Financial Metrics
Key Facts
- CEO Christopher Peetz sold 2.6K shares for $246K on 2026-06-01
- Director Saira Ramasastry sold 4.0K shares for $398K on 2026-06-01
- CFO Eric Bjerklolt sold 2.3K shares for $210K on 2026-06-08, following option exercises
- Total open-market sales: $854K, representing ~0.015% of market cap
- COO Peter Radovich exercised 16,988 options on 2026-06-05 but did not sell any shares
Financial Impact
Total insider sales of $854K, or ~0.015% of $5.7B market cap — trivial relative to company size
Risk Factors
- Insider sales, while small, could be misinterpreted by retail traders as a negative signal
- The CEO and CFO both sold, which may raise questions if followed by larger sales
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MIRM-1781054493725 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 19, 2026 6w ago | Insider Cluster | $102.24 $98.82 | ▼ −3.35% | ▼ −1.39% | $82.93 (−18.89%) |
Aug 12, 2026 7w ago | Insider Cluster | $98.97 $100.61 | ▲ +1.66% | ▲ +3.55% | $82.93 (−16.21%) |
Aug 11, 2026 7w ago | Insider Cluster | $98.97 $100.61 | ▼ −1.66% | ▼ −3.55% | $82.93 (+16.21%) |
Aug 10, 2026 7w ago | 144 | $98.23 $98.30 | ▲ +0.07% | ▲ +1.13% | $82.93 (−15.58%) |
Aug 5, 2026 8w ago | 8-K | $94.12 $100.63 | ▲ +6.92% | ▲ +6.32% | $82.93 (−11.88%) |
Jul 8, 2026 12w ago | Insider Cluster | $128.57 $105.79 | ▼ −17.72% | ▼ −20.99% | $82.93 (−35.50%) |
Jun 11, 2026 16w ago | Institutional Cluster | $99.54 $127.70 | ▲ +28.29% | ▲ +26.40% | $82.93 (−16.69%) |
Jun 10, 2026 16w ago | Insider Cluster | $94.00 $127.70 | ▲ +35.85% | ▲ +32.23% | $82.93 (−11.78%) |
Jun 2, 2026 17w ago | Insider Cluster | $91.84 $125.59 | ▲ +36.76% | ▲ +37.76% | $82.93 (−9.70%) |
Jun 1, 2026 17w ago | 144 | $92.17 $120.46 | ▲ +30.69% | ▲ +32.26% | $82.93 (−10.02%) |
US Market Status
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