Home Stock Market Artiva Biotherapeutics CMO sells $5,148 in stock By Investing.com
Stock Market

Artiva Biotherapeutics CMO sells $5,148 in stock By Investing.com

Share


Subhashis Banerjee, Chief Medical Officer of Artiva Biotherapeutics, Inc. (), recently reported transactions involving the company’s common stock. On August 18, 2026, Mr. Banerjee sold 429 shares of Artiva Biotherapeutics common stock for a total value of $5,148. The shares were sold at a price of $12.0 per share. The stock currently trades at $11.70, reflecting a remarkable 332% gain over the past year from its 52-week low of $2.22.

Prior to the sale, Mr. Banerjee acquired 429 shares of common stock through the exercise of employee stock options. These shares were acquired at a price of $1.92 per share, totaling $823. These transactions were conducted under a Rule 10b5-1 trading plan, which Mr. Banerjee adopted on May 14, 2026.

Following these transactions, Mr. Banerjee directly holds 144,963 shares of Artiva Biotherapeutics common stock. Additionally, he continues to hold employee stock options to purchase 79,571 shares of common stock at an exercise price of $1.92 per share. According to the vesting schedule, 25% of the shares initially subject to this option vested on April 8, 2026, with the remaining balance vesting at a rate of 1/36th per month over the subsequent 36 months. InvestingPro subscribers have access to 11 additional exclusive tips about ARTV, including insights on the company’s financial health and volatility patterns.

In other recent news, Artiva Biotherapeutics has made significant strides in its rheumatoid arthritis treatment efforts. The company received the Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA for its AlloNK therapy in combination with rituximab, aimed at treating refractory rheumatoid arthritis. This designation allows Artiva to benefit from expedited development and review processes with the FDA. Additionally, Artiva presented encouraging clinical data at the European Alliance of Associations for Rheumatology Congress, where 71% of patients in a Phase 2a trial achieved an ACR50 response, indicating significant disease improvement. In analyst coverage, Cantor Fitzgerald reiterated an Overweight rating on Artiva’s stock, maintaining a price target of $40.00. The firm discussed Artiva’s safety profile, strategy, and manufacturing capabilities in a recent webinar with the company’s CEO. These developments highlight Artiva’s ongoing efforts and progress in the field of rheumatologic disease therapies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.





Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Court remands Miyetti Allah’s president Bodejo over alleged $2.63m money laundering

A Federal High Court in Abuja has ordered the remand of the National President of Miyetti Allah Kauta Kore, Bello Bodejo, in the...

Meet the investors who won thousands of dollars betting on the tech-stock bull run in a Globe contest

Open this photo in gallery:Albert Ngo, a 32-year-old software engineer, is the winner of the Globe’s Trade Off investor simulation competition.Jennifer Gauthier/The Globe...

Related Articles

Defense Contractor Lyntris Tumbles 14% On IPO Day

A new defense contractor hit the IPO market. It was a rough...

Marvell signs major custom silicon deal with Google, sell-side comments By Investing.com

Investing.com -- has signed a new customer silicon agreement with that includes...

South Korean Retail Investors Are Aggressively Snapping Up US Stocks: Trends, Drivers & Market Impact

Relevant capital flow data shows that to avoid the pullback risk of...

Ethereum Price Prediction 2026: Glamsterdam Upgrade Could Kickstart ETH’s Next Bull Market

What’s missing now for that to happen is a strong catalyst that...