BillionToOne CTO David Tsao sells $416,625 in stock
David Tsao, CTO and Director at BillionToOne, Inc., sold 3,333 shares of Class A Common Stock on September 24, 2026, for approximately $416,625. The shares were traded at $125.0 per share, while the current stock price stands at $121.72. Over the past six months, BillionToOne's stock experienced a 75% increase. According to InvestingPro, the stock is currently overvalued, with a high P/E ratio of 137.73.
Tsao's sale was part of a pre-arranged Rule 10b5-1 plan adopted on June 5, 2026. Before the sale, Tsao exercised options to purchase 3,333 shares at $2.8 per share, totaling $9,332, fully vested and exercisable. Post-trade, Tsao directly owns 1,000 shares and retains 556,667 stock options for future purchases. In recent news, BillionToOne reported strong Q2 earnings, surpassing projections with $0.15 earnings per share and $109.4 million in revenue, a 64% increase year-over-year.
Despite a post-market decline, Canaccord Genuity initiated coverage with a buy rating and price target of $120.00, citing BillionToOne's proprietary smNGS and QCT technologies for prenatal and oncology diagnostics.
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