{
  "id": 4583283,
  "title": "Alkermes Chief Commercial Officer Sells 7,576 Shares for $373,000",
  "url": "https://urgent.news/2026/08/29/alkermes-chief-commercial-officer-sells-7-576-shares-for-373-000-4583283",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-29T19:00:01.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/alkermes-chief-commercial-officer-sells-190001242.html"
  },
  "original_language": "en",
  "account": "Christian Todd Nichols, Chief Commercial Officer at Alkermes, sold 7,576 shares of the company's stock on August 17, 2026, for a total value of $373,000. The sale was executed under a pre-approved trading plan, which dictated the shares were to be disposed of over a three-month period prior to the trade. Following the transaction, Nichols retained approximately 102,000 shares, giving him an ownership stake of 0.06% in the company. At the time of the sale, the stock was trading at a weighted average price of $49.23, slightly lower than its market close price of $49.85. This move represents routine portfolio management for the executive and is not a cause for concern among shareholders. Nichols remains bullish on Alkermes' prospects, with 71% of analysts covering the stock rating it a buy, with a median one-year price target of $59, indicating a potential 24.4% gain from the current price. Despite the sale, Alkermes continues to generate significant revenue through its focus on neuropsychiatric and neurological disorders, with a market capitalization of $7.9 billion and TTM revenues of $1.7 billion.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Alkermes Chief Commercial Officer Sells 7,576 Shares for $373,000",
        "url": "https://urgent.news/2026/08/29/alkermes-chief-commercial-officer-sells-7-576-shares-for-373-000",
        "published": "2026-08-29T18:40:01.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Alkermes Chief Commercial Officer Sells 7,576 Shares for $373,000",
        "url": "https://urgent.news/2026/08/29/alkermes-chief-commercial-officer-sells-7-576-shares-for-373-000-4270010",
        "published": "2026-08-29T19:00:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}