Foghorn Therapeutics Inc.
NASDAQ:FHTX
During the last 3 months Foghorn Therapeutics Inc. insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 7% over this period (open performance analysis).
The last transaction was made on
Sep 23, 2024
by
Costa Carlos
, who
sold
8.7k USD
worth of 
FHTX shares.
During the last 3 months Foghorn Therapeutics Inc. insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 7% over this period (open performance analysis).
The last transaction was made on
Sep 23, 2024
by
Costa Carlos
, who
sold
8.7k USD
worth of FHTX shares.
Foghorn Therapeutics Inc.
Glance View
Foghorn Therapeutics, Inc. operates as a development stage biopharmaceutical company. The company is headquartered in Cambridge, Massachusetts and currently employs 119 full-time employees. The company went IPO on 2020-10-23. The firm's Gene Traffic Control platform gives an integrated, mechanistic understanding of how the various components of the chromatin regulatory system interact, allowing it to identify, validate and potentially drug targets within the system. The company is initially focused on oncology. The company is developing FHD-286, a selective, allosteric ATPase inhibitor, which is evaluating in separate Phase I studies in metastatic uveal melanoma and relapsed or refractory acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). The company is also developing FHD-609, a protein degrader, to treat synovial sarcoma is in phase I study. The firm is also engaged in developing additional programs targeting populations that include selective BRM and selective ARID1B modulators. Foghorn Securities Corporation is its subsidiary.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
