
Insider Selling: Acumen Pharmaceuticals (NASDAQ:ABOS) CFO Sells 6,888 Shares of Stock

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Acumen Pharmaceuticals CFO Matt Zuga sold 6,888 shares at $1.82 each, totaling $12,536.16, representing a 3.18% decrease in his holdings. Post-sale, he owns 209,951 shares valued at approximately $382,110.82. This transaction was disclosed to the SEC. Zuga also sold additional shares earlier in the week. Acumen's stock recently traded down 5% to $1.72, with a market cap of $104.18 million and a price-to-earnings ratio of -0.77. Analysts have mixed ratings on the stock, with an average target price of $6.75.
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