CEO Cheng Andrew sold 30,000 shares of AKRO at $53.98; stock up 23.8% in 30 days, unprofitable company
Cheng Andrew, President and CEO, sold 30,000 shares (5.4% of pre-transaction holdings) at $53.98 on 2025-10-10, realizing $1,619,340.00 in proceeds. The sale occurred after a strong 23.8% 30-day rally and comes as the company reported negative net income of $-70,505,000.00 for its most recent full fiscal year. Within the same ticker, his four most recent sales (three on 2025-09-10 and one on 2025-09-11) have each generated 20.8%–25.3% post-sale gains within 30 days, though timing outcomes at the 90-day mark remain unmeasurable for all prior AKRO trades. His cross-ticker track record shows an average 90-day return of -0.2% following sells and a 61.54% well-timed rate, indicating mixed historical success at identifying inflection points before declines.