Insider Selling: Axsome Therapeutics (NASDAQ:AXSM) COO Sells 233 Shares of Stock

Market Beat
2026.05.06 02:17
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Axsome Therapeutics COO Mark Jacobson sold 233 shares of stock at an average price of $228.18, totaling $53,165.94. Post-sale, he holds 4,517 shares valued at $1,030,689.06, marking a 4.91% decrease in ownership. The transaction was disclosed to the SEC. The company's stock traded down 0.3% to $223.06, with a market cap of $11.47 billion. Axsome reported a quarterly loss of $1.26 EPS, missing estimates, but revenue increased 57.4% year-over-year to $191.20 million. Analysts maintain a consensus rating of "Moderate Buy" with an average price target of $251.89.