BEAM President Ciaramella sells 35,000 shares ($1.1M) at $32.00; stock now $28.92, down 18.3% from 52-week high
Ciaramella Giuseppe, President of Beam Therapeutics, sold 35,000 shares (35.0K shares) at $32.00 on 2026-02-24, reducing his stake by 15.5% to 190,216 shares (190.2K shares). The sale occurred near the stock's 52-week high of $35.41; the stock has since fallen to $28.92, now 18.3% below that peak. At his cross-ticker track record level, his prior 4 open-market sells showed a 75.00% well-timed rate with an average 90-day return of -22.3%, while at this specific ticker, 3 of 4 prior BEAM sales showed negative 90-day outcomes. The company remains unprofitable with net income of $-112.7M over its last full fiscal year, though revenue surged 120.0% year-over-year. The timing of this sale—executed at a high point relative to current levels and consistent with his historical pattern of selling before subsequent declines—warrants close observation of the company's profitability trajectory and market momentum.