908 Devices: director Brown sells $317,400 of common stock
In a recent insider transaction, Christopher D. Brown, a Director at 908 Devices Inc. (NASDAQ:MASS), sold 30,000 shares of the company's common stock for a total value of $317,400 on September 2, 2026, under a Rule 10b5-1 trading plan. This sale reduced Brown's ownership in the company to 775,559 shares. Despite the insider sale, 908 Devices reported stronger-than-expected revenue for the second quarter of 2026, with a 23% increase to $16.1 million, surpassing analyst expectations.
The company also raised its full-year sales outlook, and investment firm Stifel raised its price target for 908 Devices shares to $12.00 from $10.00, citing favorable government policies and priorities as contributing factors.
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