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CRISPR Therapeutics CEO’s Stock Sales Trigger Market Reaction

CRISPR Therapeutics CEO’s Stock Sales Trigger Market Reaction

Author:

Global Cryptocurrency

Published:

2026-01-24 14:32:21

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BTCCSquare news:

CRISPR Therapeutics AG (CRSP) shares fell 5.8% this week following CEO Samarth Kulkarni's sale of $5.17 million in company stock. The transactions, executed at $51.75 and $60.23 per share respectively, reduced Kulkarni's direct holdings by 40%.

Bank of America maintained its bullish outlook despite trimming its price target to $89, citing tempered expectations for Casgevy's 2026 performance. The analyst consensus remains neutral with a $68.15 average target, reflecting the biotech sector's characteristic volatility.

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