Solid Biosciences Inc. (NASDAQ:SLDB – Get Free Report) insider Gabriel Brooks sold 12,616 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $6.44, for a total value of $81,247.04. Following the sale, the insider owned 84,092 shares in the company, valued at $541,552.48. The trade was a 13.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Gabriel Brooks also recently made the following trade(s):
- On Monday, February 2nd, Gabriel Brooks sold 28,335 shares of Solid Biosciences stock. The shares were sold at an average price of $6.44, for a total value of $182,477.40.
- On Monday, February 2nd, Gabriel Brooks sold 28,335 shares of Solid Biosciences stock. The stock was sold at an average price of $6.44, for a total value of $182,477.40.
Solid Biosciences Price Performance
Shares of NASDAQ SLDB opened at $6.52 on Friday. The firm has a market capitalization of $507.97 million, a PE ratio of -2.62 and a beta of 2.67. Solid Biosciences Inc. has a 1-year low of $2.41 and a 1-year high of $7.37. The business’s fifty day moving average price is $5.84 and its two-hundred day moving average price is $5.72.
Institutional Trading of Solid Biosciences
Wall Street Analysts Forecast Growth
Several brokerages have commented on SLDB. JPMorgan Chase & Co. dropped their price target on shares of Solid Biosciences from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Needham & Company LLC restated a “buy” rating and issued a $16.00 target price on shares of Solid Biosciences in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Solid Biosciences in a research report on Thursday, January 22nd. Citigroup reissued a “market outperform” rating on shares of Solid Biosciences in a report on Wednesday, December 17th. Finally, Wall Street Zen cut shares of Solid Biosciences from a “hold” rating to a “sell” rating in a research note on Sunday, October 19th. Ten analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Solid Biosciences currently has an average rating of “Moderate Buy” and a consensus target price of $14.70.
Check Out Our Latest Stock Analysis on SLDB
Key Stories Impacting Solid Biosciences
Here are the key news stories impacting Solid Biosciences this week:
- Positive Sentiment: Company will present at the Guggenheim Emerging Outlook: Biotech Summit (CEO Bo Cumbo presenting Feb 12) — this gives Solid (SLDB) direct exposure to institutional investors and can support a rally if management provides encouraging clinical, regulatory, or financing updates. Solid Biosciences to Present at the Guggenheim Emerging Outlook: Biotech Summit 2026
- Neutral Sentiment: Trading context: SLDB is trading above recent moving averages with volume notably above its average — this suggests heightened interest but does not by itself indicate direction until drivers (presentation vs. insider sales) dominate.
- Negative Sentiment: CEO Alexander (Alex) Cumbo sold 48,913 shares at an average $6.44 (?$315k); his holding fell ~18.1% — a large CEO sale can be read negatively by investors even if for personal reasons. CEO Sale SEC Filing
- Negative Sentiment: CFO Kevin Tan sold 14,783 shares at $6.44 (~$95k); his position fell ~13.6% — another senior officer reduction that may weigh on sentiment. CFO Sale SEC Filing
- Negative Sentiment: COO David T. Howton sold 18,894 shares at $6.44 (~$122k); ownership declined ~16.2%. COO Sale SEC Filing
- Negative Sentiment: CTO Paul Herzich sold 10,905 shares at $6.44 (~$70k); holding fell ~13.6%. CTO Sale SEC Filing
- Negative Sentiment: Other insiders — director Ilan Ganot (7,205 shares), insider Jessie Hanrahan (12,348 shares), and Gabriel Brooks (12,616 shares) — each sold at $6.44, reducing holdings by double-digit percentages; collectively these sales increase supply pressure and raise investor questions about insider confidence. Director/Insider Sales SEC Filings
Solid Biosciences Company Profile
Solid Biosciences Inc is a clinical?stage biotechnology company focused on the development of therapies for Duchenne muscular dystrophy (DMD), a rare genetic disorder characterized by progressive muscle degeneration. The company’s primary approach centers on gene replacement and gene editing technologies designed to restore functional dystrophin protein in patients lacking this critical muscle?stabilizing protein.
Solid’s lead investigational therapy, SGT?001, is a micro?dystrophin gene therapy candidate engineered to deliver a shortened but functional form of the dystrophin gene using an adeno?associated virus (AAV) vector.
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