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Insider Sale: President & CEO of $ARDX Sells 41,666 Shares

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MICHAEL RAAB, the President & CEO of $ARDX, sold 41,666 shares of the company on 01-31-2025 for an estimated $223,354. We received data on the trade from a recent SEC filing. This was a sale of approximately 3.6% of their shares of this class of stock. Following this trade, they now own 1,108,719 shares of this class of $ARDX stock.

$ARDX Insider Trading Activity

$ARDX insiders have traded $ARDX stock on the open market 35 times in the past 6 months. Of those trades, 3 have been purchases and 32 have been sales.

Here’s a breakdown of recent trading of $ARDX stock by insiders over the last 6 months:

  • DAVID M MOTT has made 3 purchases buying 628,168 shares for an estimated $2,985,849 and 0 sales.
  • MICHAEL RAAB (President & CEO) has made 0 purchases and 13 sales selling 279,509 shares for an estimated $1,527,459.
  • DAVID P. ROSENBAUM (Chief Development Officer) has made 0 purchases and 10 sales selling 164,129 shares for an estimated $1,022,184.
  • LAURA A WILLIAMS (Chief Medical Officer) has made 0 purchases and 2 sales selling 14,778 shares for an estimated $78,752.
  • ELIZABETH A GRAMMER (See Remarks) has made 0 purchases and 2 sales selling 14,135 shares for an estimated $75,325.
  • JUSTIN A RENZ (Chief Financial Officer) has made 0 purchases and 2 sales selling 10,549 shares for an estimated $56,214.
  • ROBERT BLANKS (See Remarks) has made 0 purchases and 2 sales selling 9,910 shares for an estimated $52,809.
  • ROBERT ORA FELSCH (See Remarks) sold 3,567 shares for an estimated $20,903

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$ARDX Hedge Fund Activity

We have seen 95 institutional investors add shares of $ARDX stock to their portfolio, and 95 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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