Insider Cluster (5 insiders) ·Filed Apr 15, 2026

TVTX

Travere Therapeutics, Inc.
BEARISH
Impact 7/10
Horizonweeks Processed5mo ago
Insider cluster: 5 insiders, $3.0M total
Actionable Insight ▼ Bearish

Monitor upcoming earnings and pipeline updates closely — coordinated C-suite selling, especially by the CEO, often precedes downward revisions or clinical setbacks. Consider this a warning sign despite recent analyst optimism.

DirectionBearish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
TVTX ▲ +38.19% at T+60d
SHORT call ✗ call lost -38.19% · α vs SPY -30.06% · entry $40.95 → $56.59
Entry anchored
Apr 14, 04:35 PM ET
via exchange tick
T+1d
-3.44%
call +3.44% · α +3.70%
$39.54
settled 6mo ago
T+5d
-2.10%
call +2.10% · α +3.74%
$40.09
settled 5mo ago
T+20d
+4.62%
call -4.62% · α +1.43%
$42.84
settled 5mo ago
T+60d
+38.19%
call -38.19% · α -30.06%
$56.59
settled 3mo ago

Price Chart

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Executive Summary

Five executives at Travere Therapeutics, including the CEO, CFO, and CMO, sold shares in a coordinated cluster totaling $2.99M over a 7-day period, with the CEO accounting for $2.33M of the total. This represents a significant insider selling event involving key C-suite leaders, suggesting potential lack of confidence in near-term prospects despite no disclosed fundamental changes.

Key Financial Metrics

Direction
selling
Total Value
$3.0M
Insiders
5

Key Facts

  • Five insiders sold a total of $2.99M in shares over 7 days
  • CEO Dube Eric M. sold 56.8K shares for $2.33M, representing 78% of total cluster value
  • All transactions were open-market sales (code S), not related to grants or tax events
  • Sales occurred at prices between $39.09 and $42.61 per share
  • Total cluster value represents ~0.08% of $3.7B market cap — modest in relative terms but highly concentrated among top executives

Financial Impact

$2.99 million in insider selling over 7 days, with $2.33M from the CEO alone

insider sentimentinvestor confidenceownership concentration

Risk Factors

  • Potential for negative clinical or regulatory news in the near term
  • Erosion of investor confidence due to concentrated executive selling
  • Possible misalignment between management and shareholder interests

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
86% bullish (21 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TVTX-1776974730257
16 reports for TVTX
Performance horizon
100% Hit rate 6 of 6 directional calls best @ T+60▲ +56.24%Jun 2, 2026
Filters
Rows
Reports for TVTX — sortable, filterable
TypeNow
Jul 9, 2026
12w ago
8-K
NEUTRAL ★ 2/10
$56.59 $61.32▲ +8.36%▲ +5.93%$56.93 (+0.60%)
Jun 16, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$54.14 $55.28▲ +2.11%▲ +0.79%$56.93 (+5.15%)
Jun 16, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$54.14 $55.28▲ +2.11%▲ +0.79%$56.93 (+5.15%)
Jun 12, 2026
16w ago
144
NEUTRAL ★ 2/10
$52.04 $56.59▲ +8.74%▲ +6.96%$56.93 (+9.40%)
Jun 2, 2026
17w ago
8-K
BULLISH ★ 6/10
$42.96 $56.34▲ +31.15%▲ +32.71%$56.93 (+32.52%)
May 15, 2026
20w ago
144
NEUTRAL ★ 2/10
$42.59 $53.80▲ +26.32%▲ +24.20%$56.93 (+33.67%)
May 5, 2026
21w ago
144
NEUTRAL ★ 2/10
$44.76 $45.20▲ +0.98%▼ −1.80%$56.93 (+27.19%)
May 4, 2026
21w ago
144
NEUTRAL ★ 3/10
$44.80 $42.96▼ −4.11%▼ −9.06%$56.93 (+27.08%)
May 1, 2026
22w ago
Insider Cluster
BEARISH ★ 6/10
$44.12 $45.04▼ −2.09%▲ +3.20%$56.93 (−29.03%)
Apr 15, 2026
24w ago
144
NEUTRAL ★ 3/10
$40.95 $42.84▲ +4.62%▼ −1.43%$56.93 (+39.02%)
Showing 10 of 16

US Market Status

Market Closed — Opens Mon (64h 20m)

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Report published Apr 23, 2026