Insider Selling: Enliven Therapeutics (NASDAQ:ELVN) COO Sells 6,663 Shares of Stock

Key Points

  • COO Anish Patel sold 6,663 shares on Dec. 8 at an average price of $21.02 for proceeds of $140,056.26, and now directly owns 263,311 shares — a 2.47% drop in his stake valued at about $5.53 million.
  • Patel has been selling multiple recent tranches, including 6,667 shares on Nov. 7 at $17.40 and 6,667 shares on Oct. 7 at $20.10, signaling a pattern of ongoing insider sales.
  • For context, ELVN has a market cap of about $1.18 billion, a 52‑week range of $13.30–$25.37, and an average analyst rating of "Moderate Buy" with a mean price target of $41.20.

Enliven Therapeutics, Inc. (NASDAQ:ELVN - Get Free Report) COO Anish Patel sold 6,663 shares of the company's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $21.02, for a total value of $140,056.26. Following the completion of the transaction, the chief operating officer directly owned 263,311 shares in the company, valued at approximately $5,534,797.22. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Anish Patel also recently made the following trade(s):

  • On Friday, November 7th, Anish Patel sold 6,667 shares of Enliven Therapeutics stock. The stock was sold at an average price of $17.40, for a total value of $116,005.80.
  • On Tuesday, October 7th, Anish Patel sold 6,667 shares of Enliven Therapeutics stock. The shares were sold at an average price of $20.10, for a total transaction of $134,006.70.

Enliven Therapeutics Stock Performance

ELVN stock opened at $19.92 on Thursday. Enliven Therapeutics, Inc. has a 52 week low of $13.30 and a 52 week high of $25.37. The company has a market capitalization of $1.18 billion, a PE ratio of -10.77 and a beta of 0.35. The company's 50-day simple moving average is $20.86 and its 200 day simple moving average is $20.43.




Enliven Therapeutics (NASDAQ:ELVN - Get Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.43) by $0.11. On average, analysts forecast that Enliven Therapeutics, Inc. will post -1.95 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in Enliven Therapeutics during the first quarter valued at approximately $60,000. BNP Paribas Financial Markets boosted its holdings in shares of Enliven Therapeutics by 33.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,722 shares of the company's stock valued at $75,000 after purchasing an additional 930 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of Enliven Therapeutics in the 3rd quarter valued at $96,000. Tower Research Capital LLC TRC increased its stake in shares of Enliven Therapeutics by 194.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,286 shares of the company's stock valued at $106,000 after purchasing an additional 3,490 shares during the last quarter. Finally, KLP Kapitalforvaltning AS raised its holdings in shares of Enliven Therapeutics by 58.1% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 6,800 shares of the company's stock worth $136,000 after buying an additional 2,500 shares in the last quarter. 95.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ELVN has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Enliven Therapeutics from a "sell" rating to a "hold" rating in a research report on Saturday, November 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Enliven Therapeutics in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Enliven Therapeutics currently has an average rating of "Moderate Buy" and an average price target of $41.20.

Read Our Latest Analysis on ELVN

Enliven Therapeutics Company Profile

(Get Free Report)

Enliven Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the discovery and development of small molecule inhibitors to help patients with cancer. The company's lead product candidates comprise ELVN-001, which is being evaluated in a Phase 1 clinical trial in adults with chronic myeloid leukemia; and ELVN-002, a Phase 1 clinical trial in adults with solid tumors with HER2 alterations.

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