Vir Biotechnology Inc expected to post a loss of 49 cents a share - Earnings Preview
Vir Biotechnology Inc (VIR) is projected to report a loss of 49 cents per share in its upcoming earnings release. This information comes from a Refinitiv earnings preview. The article provides a brief update on the company's anticipated financial performance.
Aberdeen Group plc Purchases 519,374 Shares of Vir Biotechnology, Inc. $VIR
Aberdeen Group plc increased its stake in Vir Biotechnology, Inc. by 51.6%, acquiring an additional 519,374 shares, bringing its total to 1,526,265 shares valued at approximately $8.72 million. This move is part of broader institutional trading, with other investors like ARCH Venture and Ensign Peak also adjusting their positions, while company insiders have sold shares worth over $5.7 million. Despite mixed signals from insider activity, analysts maintain a "Moderate Buy" rating with an average price target of $16.29, significantly above the current trading price of $7.82.
Vir Biotechnology to Host Conference Call for Fourth Quarter and Full Year 2025 Financial Results
Vir Biotechnology (Nasdaq: VIR) announced it will host a conference call on Monday, February 23 at 5:30 p.m. ET to discuss its financial results for the fourth quarter and full year ended December 31, 2025, and provide a corporate update. Interested parties can access the call on the company's website. Vir Biotechnology is a clinical-stage biopharmaceutical company focused on developing medicines for infectious diseases and cancer.
Vir Biotechnology (NASDAQ:VIR) CAO Brent Sabatini Sells 1,530 Shares
Vir Biotechnology's CAO, Brent Sabatini, sold 1,530 shares of the company's stock on February 13th at an average price of $7.79, reducing his stake by 3.10%. Following the sale, he directly owns 47,872 shares valued at approximately $372,923. The stock traded up 4.2% to $7.82 midday, with a mixed but predominantly positive analyst outlook and an average target price of $16.29.
Vir Biotechnology, Inc. (NASDAQ:VIR) Given Consensus Recommendation of "Moderate Buy" by Analysts
Vir Biotechnology, Inc. (NASDAQ:VIR) has received a consensus "Moderate Buy" rating from analysts, with eight brokerages providing coverage, including one sell and seven buy ratings. The average 12-month price target for the stock is $16.00. Key points include the stock opening at $7.47, a market capitalization of $1.04 billion, and recent insider sales totaling approximately $5.7 million.
Vir Biotechnology (VIR) Projected to Post Earnings on Monday
Vir Biotechnology (NASDAQ:VIR) is anticipated to release its Q4 2025 earnings after market close on Monday, February 23rd, with analysts forecasting a loss of $0.42 per share and revenue of $19.9050 million. The company's stock has seen recent fluctuations, with a 3.1% decline and various analyst ratings ranging from "Buy" to "Sell," alongside significant insider transactions and institutional investor activity.
Vir Biotechnology, Inc. (VIR) Stock Analysis: A 111.85% Potential Upside Amidst Challenging Metrics
Vir Biotechnology, Inc. (VIR) shows a potential upside of 111.85% according to analyst targets, with a consensus "Buy" rating despite significant financial challenges like an 89.90% revenue decline and negative EPS. The company's technical indicators suggest short-term positive momentum, and its strategic partnerships and promising pipeline for infectious diseases provide a foundation for future growth, offsetting current struggles. Investors are advised to weigh the company's strong potential pipeline and collaborations against its current financial headwinds.
Vir Biotechnology to Host Conference Call for Fourth Quarter and Full Year 2025 Financial Results
Vir Biotechnology, Inc. announced it will host a conference call on Monday, February 23, 2026, at 5:30 p.m. ET to provide a corporate update and discuss financial results for the fourth quarter and full year ended December 31, 2025. The clinical-stage biopharmaceutical company focuses on developing medicines for serious infectious diseases and cancer. Interested parties can access the call on the Events & Presentations page of the company's website.
Analysts Offer Insights on Healthcare Companies: Vir Biotechnology (VIR), M3 (OtherMTHRF) and Sarepta Therapeutics (SRPT)
Analysts from Needham, Citi, and Morgan Stanley have provided updated ratings and price targets for Vir Biotechnology (VIR), M3 (MTHRF), and Sarepta Therapeutics (SRPT). Vir Biotechnology received a "Strong Buy" consensus with a significant upside, M3 a "Moderate Buy," and Sarepta Therapeutics a "Hold" rating. These reports offer insights into the current market sentiment and potential future performance for these healthcare companies.
Vir Biotechnology to unveil Q4 and full year 2025 earnings results
Vir Biotechnology (VIR) will release its fourth-quarter and full-year 2025 financial results on February 23. The company will also host a conference call at 5:30 p.m. Eastern Time to provide a corporate update and discuss its strategic direction. This announcement is important for investors to assess the company's performance and future outlook.
Vir Biotechnology to Host Conference Call for Fourth Quarter and Full Year 2025 Financial Results
Vir Biotechnology, Inc. (Nasdaq: VIR) announced it will host a conference call on Monday, February 23, at 5:30 p.m. ET to discuss its financial results for the fourth quarter and full year ended December 31, 2025, and provide a corporate update. The call can be accessed via the company's website. Vir Biotechnology is a clinical-stage biopharmaceutical company focused on infectious diseases and cancer, with programs targeting chronic hepatitis delta and solid tumor indications.
Vir Biotechnology (NASDAQ:VIR) Earns Buy Rating from Needham & Company LLC
Needham & Company LLC has reiterated a "Buy" rating for Vir Biotechnology (NASDAQ:VIR) with a $14 price target, suggesting a potential upside of 94.71%. The company's stock opened at $7.19 with a market cap of $1.0 billion and a negative P/E ratio. Insider activity indicates net selling, while institutional investors have been modifying their holdings in the company.
Needham Reiterates Buy Rating for VIR with $14 Price Target | VI
Needham has reiterated its 'Buy' rating for Vir Biotechnology (VIR) with an unchanged price target of $14.00, indicating confidence in the stock's future potential. This follows a trend of consistent 'Buy' ratings from various analysts, with an average target price of $15.88 from 8 analysts, suggesting a 120.95% upside from its current price. Vir Biotechnology is an immunology company focusing on infectious diseases, leveraging four technology platforms and a pipeline targeting diseases like hepatitis B and influenza A.
Press Release: Vir Biotechnology to Host Conference Call for Fourth Quarter and Full Year 2025 Financial Results
Vir Biotechnology is scheduled to host a conference call to discuss its fourth-quarter and full-year 2025 financial results. The article also mentions that Unity Software reported fourth-quarter revenue of $609 million, exceeding estimates, despite a quarterly loss of 66 cents per share. Investors are encouraged to log in or create an account to view the full news.
Vir Biotechnology: The Low-Down On The Readouts Ahead
Vir Biotechnology (VIR) has several key catalysts approaching in 2026 and early 2027, primarily concerning updates on their T-cell engagers VIR-5500 and VIR-5818, and data from their hepatitis delta trials. Investors are anticipating readouts from ASCO GU for VIR-5500 in February, with further updates for VIR-5818 in H2'26 and ECLIPSE 1 data in Q4'26. Additionally, hepatitis delta trial results from ECLIPSE 2 and ECLIPSE 3 are expected in Q1'27, totaling five potential readouts in the next 12 months.
Vir Biotechnology Stock Set For Premarket Surge? Retail Trader Hopes Swell As ‘Phenomenal’ HDV Data Sets Stage For Gilead Showdown
This article speculates on a potential premarket surge for Vir Biotechnology (VIR) stock following "phenomenal" data for its HDV treatment. The strong results are setting up a significant showdown with Gilead Sciences in the HDV market, fueling retail investor optimism.
Vir Biotechnology (VIR) Is Up 19.4% After Strong Dual-Therapy Data in Hepatitis Delta Trial
Vir Biotechnology experienced a 19.4% stock price increase following positive dual-therapy data from its SOLSTICE Phase 2 trial for chronic hepatitis delta. The combination therapy showed sustained high rates of undetectable hepatitis delta virus RNA, strengthening the company's planned ECLIPSE Phase 3 program. While this data de-risks the program, Vir remains unprofitable, with future success dependent on Phase 3 execution and addressing funding risks.
Vir Biotechnology (NASDAQ:VIR) Shares Up 9.9% - Should You Buy?
Vir Biotechnology (NASDAQ:VIR) saw its shares climb 9.9% in mid-day trading despite weak volume, closing at $6.5960. While analysts have a "Moderate Buy" consensus with an average target price of $17.00, the company's fundamentals are troubling, reporting a significant EPS miss, deeply negative margins and ROE, and substantial insider selling. Institutional investors, however, have shown mixed activity, with some increasing and others initiating positions in the biotech firm.
Vir Biotechnology (VIR) Reports Positive Trial Results in Hepatitis Delta Treatment
Vir Biotechnology (VIR) has reported positive interim results from its SOLSTICE Phase 2 trial for chronic hepatitis delta, showing sustained suppression of HDV RNA with a combination therapy. The company also plans to present new safety and efficacy data for its prostate cancer treatment, VIR-5500, at an upcoming oncology symposium. These developments suggest a year of significant clinical progress for Vir Biotechnology, with further Phase 3 data anticipated for its chronic hepatitis delta program.
Raymond James Sticks to Their Buy Rating for Vir Biotechnology (VIR)
Raymond James has reiterated a Buy rating for Vir Biotechnology (VIR) with a $12.00 price target. This comes despite a recent Hold rating from TipRanks – OpenAI and negative insider sentiment regarding the stock, evidenced by increased insider selling. The company reported a GAAP net loss of $163.14 million on $240 thousand in revenue for its latest quarter.
Vir Biotechnology (NASDAQ:VIR) Trading 7.3% Higher - What's Next?
Shares of Vir Biotechnology (NASDAQ:VIR) rose 7.3% to $6.35, trading slightly below average volume. Despite a "Moderate Buy" average analyst rating and an average price target of $17, the company reported weak fundamentals with a significant EPS miss and negative net margin. Insider selling has also been substantial, with roughly 1.72 million shares sold in the last 90 days.
Vir Biotechnology reports promising results for hepatitis delta therapy
Vir Biotechnology announced promising results from its Phase 2 SOLSTICE trial for a hepatitis delta combination therapy, achieving undetectable viral RNA in 88% of participants. The company also provided updates on its prostate cancer therapy, VIR-5500, and ongoing registrational programs for hepatitis delta. Furthermore, Vir recently partnered with Norgine Pharma UK Limited for commercialization rights in Europe, Australia, and New Zealand, a deal valued at approximately €550 million.
Vir Biotechnology Provides Updates on Chronic Hepatitis Delta and Oncology Programs and Upcoming 2026 Clinical Milestones
Vir Biotechnology announced positive updated Phase 2 SOLSTICE data showing that a combination of tobevibart and elebsiran achieved undetectable HDV RNA in 88% of chronic hepatitis delta patients at 96 weeks. The company also revealed new Phase 1 data for its PSMA-targeted PRO-XTEN® dual-masked T-cell engager VIR-5500 in prostate cancer, to be presented in February 2026. Vir Biotechnology extended its cash runway into Q4 2027 due to a licensing agreement and disciplined resource management, with a year-end 2025 cash balance of approximately $781 million.
Vir Biotechnology reports positive Phase 2 hepatitis delta data, outlines 2026 clinical milestones
Vir Biotechnology announced positive interim results from its Phase 2 SOLSTICE trial for hepatitis delta virus (HDV), showing that its agent, VIR-2218, combined with peginterferon alfa, significantly reduced HDV RNA and improved liver health markers. The company also outlined clinical development milestones for 2026, including advancing VIR-2482 for influenza A, progressing VIR-1388 for chronic hepatitis B, and continuing to develop a potential cure for hepatitis D. These updates aim to address unmet medical needs in infectious diseases.
Vir Biotechnology reports promising results for hepatitis delta therapy By Investing.com
Vir Biotechnology announced promising Phase 2 trial results for its hepatitis delta virus (HDV) combination therapy, tobevibart and elebsiran, achieving undetectable HDV RNA in 88% of participants. The company also detailed its ongoing registrational ECLIPSE program and a recent commercial rights deal with Norgine Pharma UK Limited, valued at approximately €550 million. Analysts at H.C. Wainwright and Leerink Partners have reiterated "Buy" and "Outperform" ratings, respectively, citing the therapy's potential and strategic partnerships.
Vir Biotechnology Provides Updates on Chronic Hepatitis Delta and Oncology Programs and Upcoming 2026 Clinical Milestones
Vir Biotechnology announced positive updated Phase 2 data for its combination therapy of tobevibart and elebsiran for chronic hepatitis delta (CHD), showing 88% of evaluable participants achieved undetectable HDV RNA at 96 weeks. The company also revealed upcoming Phase 1 data for its prostate cancer drug VIR-5500 at the 2026 ASCO Genitourinary Cancers Symposium and projected its cash and investments balance to be approximately $781 million at year-end 2025, extending its cash runway into Q4 2027. Key clinical milestones for 2026 include topline data from its registrational ECLIPSE 1 trial for CHD and Phase 1 dose escalation data for VIR-5818 in solid tumors.
Vir Biotechnology reports positive hepatitis delta trial data
Vir Biotechnology announced positive results from its Phase 2 SOLSTICE trial for chronic hepatitis delta, showing 88% of participants achieved undetectable virus levels after 96 weeks of combination treatment. The company also reported no serious treatment-related adverse events and expects topline data from its registrational ECLIPSE program in late 2026 and early 2027. Additionally, Vir Biotechnology will present Phase 1 data for its prostate cancer treatment, VIR-5500, in February and reported having $781 million in cash as of December 31, 2025, which is expected to fund operations through Q4 2027.
Trial drug combo makes hepatitis delta virus undetectable in most patients
Vir Biotechnology announced positive updated Phase 2 SOLSTICE data for its combination therapy of tobevibart and elebsiran, showing an 88% undetectable HDV RNA rate in chronic hepatitis delta patients at 96 weeks. This combination is well-tolerated and expected to redefine the standard of care for chronic hepatitis delta. The company also provided updates on its oncology programs and confirmed an approximate $781 million cash balance at year-end 2025, extending its cash runway into Q4 2027.
Bank of America Securities Keeps Their Buy Rating on Vir Biotechnology (VIR)
Bank of America Securities analyst Alec Stranahan maintained a Buy rating on Vir Biotechnology (VIR) with a $13.00 price target, highlighting the company's latest quarterly revenue of $240,000 and a GAAP net loss of $163.14 million. The sentiment among corporate insiders is negative, with an increase in share sales over the past quarter, including a recent sale by EVP & CFO Jason O’Byrne. The stock also received a Buy rating from H.C. Wainwright, while TipRanks – OpenAI reiterated a Hold rating.
Vir Biotechnology to Present at the 44th Annual J.P. Morgan Healthcare Conference
Vir Biotechnology, Inc. announced that its CEO, Marianne De Backer, will present at the 44th Annual J.P. Morgan Healthcare Conference on January 14. The presentation will be webcast live and archived for 30 days on the company's website. Vir Biotechnology is a clinical-stage biopharmaceutical company focused on infectious diseases and cancer.
Vir Biotechnology to Present at the 44th Annual J.P. Morgan Healthcare Conference
Vir Biotechnology, Inc. announced that its CEO, Marianne De Backer, will present at the 44th Annual J.P. Morgan Healthcare Conference on January 14, 2026, at 3:45 p.m. PT. The presentation will be webcast live and archived for 30 days on the company's website. Vir Biotechnology is a clinical-stage biopharmaceutical company focusing on infectious diseases and cancer with both clinical and preclinical programs.
Vir Biotechnology to Present at the 44th Annual J.P. Morgan Healthcare Conference
Vir Biotechnology, Inc. announced that CEO Marianne De Backer will present at the 44th Annual J.P. Morgan Healthcare Conference on January 14 at 3:45 p.m. PT. A live webcast of the presentation will be available on the Investors section of their website. Vir Biotechnology is a clinical-stage biopharmaceutical company focused on infectious diseases and cancer.
Vicki Sato Sells 22,000 Shares of Vir Biotechnology (NASDAQ:VIR) Stock
Vicki Sato, a director at Vir Biotechnology (NASDAQ:VIR), sold 22,000 shares of the company's stock on January 2nd at an average price of $5.93, totaling $130,460. Following this transaction, Sato now holds 1,166,391 shares valued at approximately $6.92 million. This sale occurred despite analysts holding a "Moderate Buy" consensus on VIR stock with a target price of $17.30, even after the company reported weaker-than-expected quarterly earnings.
Insider Sell: Vicki Sato Sells 22,000 Shares of Vir Biotechnology Inc (VIR)
Vicki Sato, a Director at Vir Biotechnology Inc (VIR), sold 22,000 shares of the company on January 2, 2026, reducing her holdings to 1,166,391 shares. This transaction is part of a trend where Sato has sold 142,960 shares over the past year without any purchases, and the company has seen 32 insider sells with no buys in the same period. Vir Biotechnology stock is currently trading at $5.93, with a price-to-GF-Value ratio of 6.74, indicating it is significantly overvalued based on GuruFocus's intrinsic value estimate of $0.88.
What is HC Wainwright's Forecast for VIR FY2025 Earnings?
HC Wainwright recently increased its FY2025 EPS estimate for Vir Biotechnology (NASDAQ: VIR) to ($2.98) from ($3.45), maintaining a "Buy" rating and a $15 price target. While the firm forecasts progressively smaller losses through FY2029, Vir remains loss-making, having missed recent quarterly earnings estimates significantly. This revised outlook signals expected improvements in margins but highlights ongoing risks in execution and profitability.
Vir Biotechnology (NASDAQ:VIR) Stock Price Down 3.4% - Here's What Happened
Vir Biotechnology (NASDAQ:VIR) stock dropped 3.4% to $5.7750 on December 30, 2025, on abnormally low trading volume. The company missed Q3 2025 EPS and revenue estimates, and insiders have sold over 3 million shares in the last three months. Despite these concerns, analysts maintain a "Moderate Buy" rating with a consensus target price of $17.30.
VIR: HC Wainwright & Co. Reiterates 'Buy' Rating with $15 Price Target | VIR Stock News
HC Wainwright & Co. has reiterated its 'Buy' rating for Vir Biotechnology (VIR) with a $15 price target, reflecting continued analyst confidence in the company. This comes amidst other recent positive analyst initiations and upgrades. While the average analyst target price suggests a significant upside, GuruFocus' estimated GF Value indicates a potential downside.
Latham Advises Norgine on Exclusive Licensing Agreement With Vir Biotechnology
Latham & Watkins advised Norgine on an exclusive licensing agreement with Vir Biotechnology. Norgine will commercialize tobevibart and elebsiran for Chronic Hepatitis Delta treatment in Europe, Australia, and New Zealand. Vir Biotechnology will receive an initial €55 million reimbursement and up to €495 million in milestone payments, plus tiered royalties on net sales.
Latham Advises Norgine on Exclusive Licensing Agreement With Vir Biotechnology
Latham & Watkins advised Norgine, a European specialty pharmaceutical company, on an exclusive licensing agreement with Vir Biotechnology (Nasdaq: VIR). This agreement grants Norgine commercialization rights for tobevibart and elebsiran, a combination therapy for Chronic Hepatitis Delta (CHD), in Europe, Australia, and New Zealand. Vir Biotechnology will receive an initial €55 million, up to €495 million in milestone payments, and tiered royalties on net sales.
Norgine gets in on Vir's hepatitis D program with €550M European licensing pact
Vir Biotechnology has licensed certain European commercial rights for its hepatitis D program to Norgine in a deal valued at up to €550 million. Norgine gains rights in Europe, Australia, and New Zealand for the tobevibart and elebsiran combination, paying €55 million upfront and potential milestones. Vir retains commercialization rights in the U.S. and other markets, and both companies will share development costs for the ongoing Eclipse trial program.
Norgine enhances hepatology and specialty portfolio through exclusive in-licensing agreement with Vir Biotechnology
Norgine has announced an exclusive licensing agreement with Vir Biotechnology to commercialize tobevibart and elebsiran for chronic hepatitis delta (CHD) treatment in Europe, Australia, and New Zealand. This partnership aims to address the high unmet medical need for effective CHD treatments. Vir Biotechnology will receive an initial payment of EUR 55 million, with potential regulatory and commercial milestone payments up to EUR 495 million, plus tiered royalties on net sales.
Vir Biotechnology licenses hepatitis delta treatment to Norgine in €550m deal
Vir Biotechnology has licensed exclusive commercial rights for its hepatitis delta combination therapy to Norgine Pharma UK Limited for Europe, Australia, and New Zealand in a deal potentially worth €550 million. Vir will receive an initial €55 million payment and could earn up to €495 million in additional milestones, plus tiered royalties. The agreement involves shared clinical development costs for the ongoing ECLIPSE registrational program, with Vir retaining commercialization rights in other key markets including the United States.
Vir Biotechnology Grants Norgine Exclusive Commercial License To Chronic Hepatitis Delta Treatment Candidate
Vir Biotechnology has granted Norgine an exclusive commercial license for its chronic Hepatitis Delta treatment candidate in Europe, Australia, and New Zealand. This agreement includes a global cost-sharing arrangement for the ongoing ECLIPSE clinical development program. Vir Biotechnology will receive an initial reimbursement payment of EUR 55 million and up to EUR 495 million in clinical, regulatory, and sales milestones.
New hepatitis delta therapy advances as partners share trial costs
Vir Biotechnology has granted Norgine Pharma UK Limited an exclusive license for the commercial rights to its chronic hepatitis delta (CHD) treatment candidate, a combination of tobevibart and elebsiran, in Europe, Australia, and New Zealand. Vir will receive an initial payment of EUR 55 million and will be eligible for up to EUR 495 million in milestones, along with royalties on net sales. The companies will share clinical development costs for the ongoing ECLIPSE registrational program, with Norgine contributing approximately 25% of go-forward external costs, extending Vir Biotechnology's cash runway into Q4 2027.
Vir Biotechnology grants Norgine exclusive license for hepatitis delta treatment
Vir Biotechnology Inc. has granted Norgine Pharma UK Limited exclusive commercial rights in Europe, Australia, and New Zealand for its chronic hepatitis delta treatment candidate. The agreement involves an initial payment of EUR 55 million to Vir, with potential for up to EUR 495 million in milestones, and tiered royalties. The companies will share clinical development costs for the ongoing ECLIPSE registrational program, while Vir retains commercialization rights in the U.S. and other markets.
Vir Biotechnology Grants Norgine Exclusive Commercial License to Chronic Hepatitis Delta Treatment Candidate in Europe, Australia & New Zealand, Including Global Cost Sharing Agreement for Ongoing ECLIPSE Clinical Development Program
Vir Biotechnology has granted Norgine an exclusive commercial license for its chronic hepatitis delta (CHD) treatment candidate, combining tobevibart and elebsiran, in Europe, Australia, and New Zealand. Vir will receive an initial EUR 55 million reimbursement, with potential milestones up to EUR 495 million and tiered royalties. The agreement also includes a cost-sharing arrangement for the ongoing ECLIPSE clinical development program, with Norgine contributing approximately 25% of external costs.
Vir Biotechnology issues license to Norgine to market hepatitis D candidate
Vir Biotechnology has granted Norgine Pharma UK an exclusive license to market its experimental chronic hepatitis D treatment. The treatment, a combination of tobevibart and elebsiran, will be marketed in Europe, Australia, and New Zealand. Tobevibart is a monoclonal antibody and elebsiran is a small molecule.
12,916,663 Shares in Vir Biotechnology, Inc. $VIR Bought by ARCH Venture Management LLC
ARCH Venture Management LLC has acquired a new position of 12,916,663 shares in Vir Biotechnology, Inc. (NASDAQ:VIR), valued at approximately $65.1 million, making it their second-largest holding. Despite this significant investment, Vir Biotechnology faces weak fundamentals, including negative EPS and margins, with analysts forecasting a -3.92 EPS for the current fiscal year. Institutional ownership is high at 65.32%, and while the consensus analyst rating is a "Moderate Buy" with an average target price of $17.30, insiders have sold a substantial number of shares recently.
Vir Biotechnology stock gets positive readthrough from Mirum’s Bluejay deal
Leerink Partners reiterated an Outperform rating and $16.00 price target on Vir Biotechnology (NASDAQ:VIR) following Mirum’s acquisition of Bluejay, a private company. This acquisition highlights the strategic value of late-stage hepatitis delta virus (HDV) assets, providing positive implications for Vir's ongoing HDV program. Despite a recent Q3 2025 revenue shortfall, Vir's promising Phase 2 SOLSTICE trial results for chronic hepatitis delta treatment further support its potential.
Vir Biotechnology Insiders Sold US$1.1m Of Shares Suggesting Hesitancy
Several insiders at Vir Biotechnology (NASDAQ:VIR) have sold shares worth US$1.1 million over the past year, with the CEO selling a significant US$474k block below the current share price. While insider selling can be ambiguous, the repeated sales by multiple insiders suggest potential hesitancy about the company's future prospects. Despite the sales, insiders still own 4.4% of the shares, valued at approximately US$40 million, indicating a reasonable degree of alignment with shareholder interests.