Ceribell CTO Raymond Woo sells $119,145 in company stock
Sunnyvale, CA – Ceribell's Chief Technology Officer, Raymond Woo, recently sold 4,887 shares of the company's common stock on October 1, 2026, for a total amount of $119,145. Woo executed the sale at a price of $24.38 per share. Despite the stock's impressive 100% return over the past year and its trading near its 52-week high of $25.63, InvestingPro analysis suggests that the shares might be overvalued at their current level, as per the company's Fair Value assessment.
Woo's stock sale occurred following the exercise of 4,887 stock options, with 4,864 shares purchased at an exercise price of $3.65 per share and an additional 23 shares bought at $4.70 per share. In all, these acquired shares totaled $17,861. All options were fully vested and currently exercisable. After these transactions, Mr. Woo directly owns 203,118 shares of Ceribell common stock.
The company's gross profit margins stand at an impressive 89%, but InvestingPro Tips indicate that analysts do not expect profitability this year.
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