CMO Quan Joanne sold 7,287 shares of MIRM at $91.98, reducing stake by 27.9% to 18,864 shares post-transaction
Quan Joanne, Chief Medical Officer at Mirum Pharmaceuticals, sold 7,287 shares (27.9% of her pre-transaction holdings of 26,151 shares) at $91.98 on 2026-03-16, totaling $670,242.96. The stock currently trades at $96.55, placing the transaction price 5.1% below the current market level and 11.1% below the 52-week high of $108.62. The company shows strong quarterly revenue of $133,010,000.00 and annual growth of +54.7%, but trades at a notably elevated P/E of 254.08 and was unprofitable over its most recent full fiscal year. While Quan's cross-ticker track record shows 1 prior sell with an average 30-day return of +16.9%, this represents limited historical context. The sale occurs within a volatile 90-day window where the stock is up +39.9% but down 6.4% over the last 30 days, creating a mixed technical signal that requires monitoring given the executive's significant role in a biotech company's operations.