
Acumen Pharmaceuticals (NASDAQ:ABOS) CEO Daniel Joseph Oconnell Sells 5,102 Shares

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Acumen Pharmaceuticals CEO Daniel Joseph Oconnell sold 5,102 shares at $1.97 each, totaling $10,050.94, reducing his ownership by 0.77%. Post-sale, he holds 657,737 shares valued at approximately $1.3 million. This transaction was disclosed to the SEC. Oconnell also sold 37,755 shares at $1.99 and 4,649 shares at $1.97 in recent trades. Acumen's stock is currently trading at $1.99, with a market cap of $120.53 million and a price-to-earnings ratio of -0.90. Analysts have mixed ratings on the stock, with an average target of $6.75.
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