Apellis Pharmaceuticals Inc's Chief Commercial Officer Adam Townsend Sells 3,413 Shares

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Chief Commercial Officer Adam Townsend has sold 3,413 shares of Apellis Pharmaceuticals Inc (APLS, Financial) on January 22, 2024, according to a recent SEC Filing. The transaction was executed at a price of $65 per share, resulting in a total sale amount of $221,845.

Apellis Pharmaceuticals Inc is a biopharmaceutical company focused on the discovery and development of novel therapeutic compounds for autoimmune and inflammatory diseases through the inhibition of the complement system at the level of C3.

Over the past year, the insider has sold a total of 135,648 shares of Apellis Pharmaceuticals Inc and has not made any purchases of the stock.

The insider transaction history for Apellis Pharmaceuticals Inc shows a pattern of selling activity, with 76 insider sells and no insider buys over the past year.

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On the valuation front, Apellis Pharmaceuticals Inc's shares were trading at $65 on the day of the insider's recent sale, giving the company a market capitalization of $7.842 billion.

With the stock price at $65 and a GuruFocus Value of $150.20, the price-to-GF-Value ratio stands at 0.43, indicating that the stock is currently categorized as a Possible Value Trap, Think Twice according to its GF Value.

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The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.