The cluster of unplanned open-market sales by multiple C-suite executives, including the Chief Early Development Officer and President, suggests insiders view the current valuation as full. Monitor for further insider selling or any negative catalyst (e.g., clinical setback) that could accelerate the decline. The stock may face near-term selling pressure.
Price Chart
Executive Summary
A cluster of insider sales at Pharvaris N.V. over the past week totaled approximately $2.41M in open-market sales, led by the Chief Early Development Officer ($1.15M) and President ($602K). The CEO and CCO also sold modest amounts. These sales are not plan-driven and represent about 0.74% of the company's $326M market cap, a material signal. The cluster follows recent positive clinical data and a stock price near $39, suggesting insiders may be taking profits near a peak, which is bearish for near-term price momentum.
Key Financial Metrics
Key Facts
- Total open-market insider sales of ~$2.41M over 7 days, representing ~0.74% of market cap.
- Chief Early Development Officer sold $1.15M (30K shares at $38.30) — the largest single sale.
- President Lu Peng sold $602K (15K shares at $40.13) after exercising options at $2.59.
- CEO Modig Berndt sold $90K (2.3K shares at $39.40) — a smaller but notable C-suite sale.
- No 10b5-1 plan indicated for any of the open-market sales.
- Stock trades near $39, up significantly from recent lows, creating a profit-taking window.
Financial Impact
Insider sales of $2.41M represent 0.74% of market cap, a material but not overwhelming signal.
Risk Factors
- Insider sales may signal lack of confidence in near-term catalysts or valuation.
- Stock is near recent highs, making it vulnerable to profit-taking by other holders.
- No 10b5-1 plans — sales are discretionary and potentially informed.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PHVS-1789651162471 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 25, 2026 4w ago | Insider Cluster | $32.02 $31.19 | ▲ +2.59% | ▲ +2.37% | $31.95 (+0.22%) |
Sep 24, 2026 4w ago | Insider Cluster | $32.99 $31.01 | ▲ +6.00% | ▲ +5.59% | $31.95 (+3.15%) |
Sep 24, 2026 4w ago | Insider Cluster | $32.99 $31.01 | ▲ +6.00% | ▲ +5.59% | $31.95 (+3.15%) |
Sep 23, 2026 4w ago | Insider Cluster | $33.07 $31.72 | ▲ +4.08% | ▲ +3.41% | $31.95 (+3.39%) |
Sep 21, 2026 5w ago | Insider Cluster | $36.02 $31.91 | ▲ +11.41% | ▲ +10.39% | $31.95 (+11.30%) |
Sep 17, 2026 5w ago | 144 | $36.37 $32.02 | ▲ +11.96% | ▲ +13.23% | $31.95 (+12.15%) |
Sep 17, 2026 5w ago | Insider Cluster | $38.00 $32.99 | ▲ +13.18% | ▲ +13.78% | $31.95 (+15.92%) |
Sep 17, 2026 5w ago | Insider Cluster | $38.00 $32.99 | ▲ +13.18% | ▲ +13.78% | $31.95 (+15.92%) |
Sep 16, 2026 5w ago | Insider Cluster | $37.55 $33.07 | ▲ +11.93% | ▲ +13.76% | $31.95 (+14.91%) |
Sep 15, 2026 6w ago | Insider Cluster | $38.06 $36.37 | ▲ +4.44% | ▲ +5.26% | $31.95 (+16.05%) |
US Market Status
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