CEO Backstrom sells 18,372 shares of SRRK at $36.83; holds 312.0K shares post-sale amid 30-day decline of -12.8%
CEO Jay T. Backstrom sold 18,372 shares at $36.83 on 2025-02-18, reducing holdings by 5.6% to 312.0K shares and generating $676.6K in proceeds. The sale occurred as the stock has declined 12.8% over the past 30 days and trades 16.2% below its 52-week high of $46.73, despite a 90-day gain of 30.8%. Scholar Rock is growing revenue at an annual rate of 76.4% but remains deeply unprofitable with $-64.5M net income on $33.2M quarterly revenue, creating high execution risk. The CEO's prior trade at this ticker (a January 2025 sell) also faced a negative 30-day return of -16.1%, suggesting a pattern of selling into weakness rather than relative strength.
CEO Jay T. Backstrom sold 22,308 shares of SRRK at $44.20, reducing stake 6.3% to 330,363 shares
Chief Executive Officer Jay T. Backstrom sold 22,308 shares (22.3K shares) on 2025-01-16 at a transaction price of $44.20 per share, with post-transaction holdings of 330,363 shares (330.4K shares). The company is operating with substantial net losses ($-64,479,000.00 for the latest full fiscal year), though revenue has grown 76.4% year-over-year and the stock has appreciated 60.6% over the past 90 days, now trading near its 52-week high of $45.73. The sale reduces the CEO's stake by 6.3% and occurs within a context of unprofitability and strong recent momentum, warranting observation of whether further insider activity signals changing management perspective on valuation.
