TRDA Entrada Therapeutics, Inc.

BEARISH Impact: 5/10 Insider Cluster (2 insiders)
Horizon weeks Filed May 4, 2026 Processed 1mo ago
Insider cluster: 2 insiders, $629K total
Latest settled — T+20d
TRDA ▼ -56.24% at T+20d
SHORT call ✓ call won +56.24% · α vs SPY +61.88% · entry $15.79 → $6.91
Next anchor: T+60d in 6w
Last close $6.46 (close Jun 12) · +59.09% from $15.79 entry (call sign-flipped)
Entry anchored
May 1, 03:59 PM ET
via Databento tick
T+1d
-0.25%
call +0.25% · α +1.05%
$15.75
settled 6w ago
T+5d
-55.67%
call +55.67% · α +58.60%
$7.00
settled 5w ago
T+20d
-56.24%
call +56.24% · α +61.88%
$6.91
settled 14d ago
T+60d
call — · α —
in 6w

Price Chart

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Executive Summary

Two top executives at Entrada Therapeutics sold a combined $629K in open-market sales over a 7-day window, with President & COO Dowden also exercising and immediately selling derivative shares. The total sales represent ~0.11% of market cap, a modest but notable cluster involving both the COO and R&D President, suggesting insider caution ahead of potential catalysts or data readouts.

Key Financial Metrics

Direction
selling
Total Value
$629.0K
Insiders
2

Actionable Insight

Two top executives selling in the same window, with one exercising and immediately flipping options, is a cautionary signal. Monitor for upcoming clinical data readouts, earnings, or corporate events that may have prompted the selling. The stock has rallied strongly (T+5 +5.4%, T+20 +13.5% on prior neutral reports), so this cluster may indicate insiders taking profits near recent highs.

Key Facts

  • President & COO Nathan Dowden sold 15,000 shares at $15.33 for $230K on May 4, 2026
  • President of R&D Sethuraman Natarajan sold 25,907 shares at $15.39 for $399K on May 4, 2026
  • Dowden also exercised 15,000 derivative shares at $1.74 ($26,100 cost) and immediately sold them
  • Total open-market sales: $629K, representing ~0.11% of $563M market cap
  • Cluster occurred in a 7-day window ending May 4, 2026
  • No insider purchases were reported in this cluster

Financial Impact

Total insider sales of $629K, ~0.11% of market cap

insider ownership

Risk Factors

  • Insider selling by both COO and R&D President may signal lack of near-term catalysts or concerns about upcoming data
  • Derivative exercise and immediate sale suggests monetization rather than conviction holding
  • Stock has appreciated significantly in recent months, increasing risk of mean reversion

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
93% bullish (14 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TRDA-1777937131163
8 reports for TRDA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TRDA — sortable, filterable
Type Now
Jun 10, 2026
4d ago
8-K
NEUTRAL ★ 2/10
$5.96 awaiting T+1awaiting T+1$6.46 (+8.39%)
Jun 2, 2026
12d ago
Press Release
NEUTRAL ★ 4/10
$6.64 $6.58▼ −0.90%▼ −0.18%$6.46 (−2.71%)
May 7, 2026
5w ago
Press Release
MIXED ★ 6/10
$6.85 $6.84▼ −0.15%▼ −0.98%$6.46 (−5.69%)
May 4, 2026
5w ago
144
NEUTRAL ★ 2/10
$15.75 $16.03▲ +1.78%▲ +0.39%$6.46 (−58.98%)
May 4, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$15.79 $15.75▲ +0.25%▲ +1.05%$6.46 (+59.09%)
Apr 24, 2026
7w ago
DEFA14A
NEUTRAL ★ 3/10
$12.63 $12.96▲ +2.61%▲ +2.45%$6.46 (−48.85%)
Mar 4, 2026
14w ago
Insider Cluster
NEUTRAL ★ 3/10
$12.50 $11.62▼ −7.04%▼ −6.47%$6.46 (−48.32%)
Feb 26, 2026
15w ago
8-K
BEARISH ★ 6/10
$12.79 $11.93▲ +6.72%▲ +6.27%$6.46 (+49.49%)
Showing 8 of 8

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