INCY President R&D sells 18,667 shares at $96.50; retains 262,692 shares; stock down 13.0% from 52-week high, up 6.0% in 30 days
CAGNONI PABLO J, President and Global Head of R&D, sold 18,667 shares of INCYTE CORP at $96.50, reducing holdings to 262,692 shares and maintaining a substantial position. The sale occurred as the stock trades 13.0% below its 52-week high of $110.57 despite a recent 6.0% 30-day gain, suggesting the sale was executed during a partial recovery from recent weakness. His prior two sales at INCY—on 2026-03-17 and 2026-02-19—resulted in mixed near-term price action (up 1.2% and down 10.0% respectively over the following 30 days), with no measurable 90-day outcomes yet, offering limited insight into his timing acuity at this ticker. The company exhibits solid fundamentals with $1.4B quarterly revenue, a 21.2% annual growth rate, and a low 7.84 P/E ratio, providing no obvious operational distress signal.