NBIX NEUROCRINE BIOSCIENCES INC
Price Chart
Executive Summary
Two directors sold $40.2M in NBIX shares ($2.36M and $37.82M) within days of Neurocrine's $2.9B acquisition of Soleno Therapeutics closing on May 18, 2026. The sales represent 0.26% of market cap and follow option exercises by the same insiders, indicating routine profit-taking post-deal rather than a bearish signal.
Key Financial Metrics
Actionable Insight
Insider sales post-acquisition close are likely profit-taking, not a fundamental signal. Monitor for additional filings; the next 10-Q will update on deal integration. No immediate trading action warranted.
Key Facts
- Directors Richard F. Pops and Kevin Charles Gorman sold a combined $40.2M in open-market sales on May 15 and May 19, 2026.
- Sales occurred after the close of Neurocrine's $2.9B acquisition of Soleno Therapeutics on May 18, 2026.
- The total sale value is 0.26% of NBIX's $15.6B market cap, a modest amount.
- Both insiders also exercised stock options around the same dates, converting non-cash awards into shares sold.
Financial Impact
$40.2M in insider sales, 0.26% of market cap
Risk Factors
- Further insider selling could appear, but at current magnitude it is not material.
- Integration of Soleno's VYKAT XR may face commercial hurdles not yet reflected in insider behavior.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NBIX-1779405695847 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 4, 2026
2d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
Jun 2, 2026
4d ago
|
Insider Cluster
| $164.23 $166.83 | ▲ +1.58% | ▲ +1.18% | $163.88 (−0.21%) |
|
Jun 2, 2026
4d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
Jun 2, 2026
4d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 29, 2026
8d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 28, 2026
9d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 21, 2026
16d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 21, 2026
16d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 18, 2026
19d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 18, 2026
19d ago
|
8-K
| — | awaiting T+1 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access