NBIX NEUROCRINE BIOSCIENCES INC
Price Chart
Executive Summary
Three NBIX insiders, including the Chief Scientific Officer, sold a combined $2.67M in open-market shares over a 4-day window. All sales were preceded by option exercises at zero or low cost, indicating routine cashless exercises rather than opportunistic bearish bets. The total value represents ~0.016% of NBIX's $16.2B market cap — a trivial amount with no material signaling value.
Key Financial Metrics
Actionable Insight
This cluster is routine and non-informative. The sales are small relative to market cap, all tied to option exercises, and consistent with standard cashless exercise patterns. No bearish signal. Monitor the next 8-K or earnings release for any fundamental changes, but this filing alone does not warrant action.
Key Facts
- Three insiders sold a total of $2.67M in open-market shares between May 26-29, 2026
- Chief Scientific Officer Onyia Jude sold $1.71M (11,000 shares at $155.53) after exercising options at $84.74
- Chief Corp. Affairs Officer Boyer David W. sold $609K (3,890 shares at $156.64)
- Chief Regulatory Officer Delaet Ingrid sold $354K (2,261 shares at $156.71) after exercising options at $79.02
- Total sales equal ~0.016% of NBIX's $16.2B market cap — well below the 0.1% materiality threshold
- All sales were preceded by option exercises, consistent with routine cashless exercises for tax/vesting purposes
- No open-market purchases were made by any insider during the window
Financial Impact
$2.67M in insider sales, representing 0.016% of market cap
Risk Factors
- Insiders may continue selling if the stock appreciates further, but no evidence of coordinated bearish view
- No purchases to offset the selling — but the dollar amounts are too small to infer negative sentiment
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NBIX-1780437825000 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
3d ago
|
Insider Cluster
| $165.21 awaiting T+1 | awaiting T+1 | — | $159.76 (−3.30%) |
|
Jun 8, 2026
4d ago
|
Insider Cluster
| $163.08 awaiting T+1 | awaiting T+1 | — | $159.76 (−2.04%) |
|
Jun 8, 2026
4d ago
|
Insider Cluster
| $163.08 awaiting T+1 | awaiting T+1 | — | $159.76 (−2.04%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $167.53 awaiting T+1 | awaiting T+1 | — | $159.76 (−4.64%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $164.23 $166.83 | ▲ +1.58% | ▲ +1.18% | $159.76 (−2.72%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $164.23 $166.83 | ▲ +1.58% | ▲ +1.18% | $159.76 (−2.72%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $164.23 $166.83 | ▲ +1.58% | ▲ +1.18% | $159.76 (−2.72%) |
|
May 29, 2026
14d ago
|
Insider Cluster
| $160.48 $154.78 | ▼ −3.55% | ▼ −3.70% | $159.76 (−0.45%) |
|
May 28, 2026
15d ago
|
Insider Cluster
| $157.77 $160.48 | ▲ +1.72% | ▲ +1.46% | $159.76 (+1.26%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $156.50 $155.72 | ▼ −0.50% | ▼ −1.08% | $159.76 (+2.09%) |
US Market Status
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