Corcept Therapeutics Incorporated (NASDAQ:CORT – Get Free Report) insider William Guyer sold 11,767 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $36.01, for a total value of $423,729.67. Following the completion of the transaction, the insider directly owned 2,231 shares of the company’s stock, valued at approximately $80,338.31. This trade represents a 84.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
William Guyer also recently made the following trade(s):
- On Wednesday, March 4th, William Guyer sold 8,233 shares of Corcept Therapeutics stock. The stock was sold at an average price of $35.99, for a total value of $296,305.67.
- On Tuesday, February 3rd, William Guyer sold 20,000 shares of Corcept Therapeutics stock. The shares were sold at an average price of $40.87, for a total value of $817,400.00.
- On Tuesday, January 6th, William Guyer sold 20,000 shares of Corcept Therapeutics stock. The stock was sold at an average price of $35.18, for a total value of $703,600.00.
Corcept Therapeutics Trading Up 0.6%
CORT stock opened at $33.82 on Wednesday. Corcept Therapeutics Incorporated has a 1-year low of $28.66 and a 1-year high of $117.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.92 and a quick ratio of 2.85. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 41.24 and a beta of 0.29. The business has a 50 day simple moving average of $37.34 and a two-hundred day simple moving average of $61.30.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Canaccord Genuity Group increased their price objective on shares of Corcept Therapeutics from $99.00 to $100.00 and gave the company a “buy” rating in a report on Friday, January 23rd. UBS Group assumed coverage on Corcept Therapeutics in a report on Tuesday, December 16th. They issued a “neutral” rating and a $95.00 target price on the stock. Truist Financial set a $50.00 target price on Corcept Therapeutics in a research report on Wednesday, December 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Corcept Therapeutics in a research note on Monday, December 29th. Finally, Zacks Research cut Corcept Therapeutics from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 13th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Corcept Therapeutics currently has a consensus rating of “Hold” and an average price target of $77.17.
Read Our Latest Stock Report on Corcept Therapeutics
Key Headlines Impacting Corcept Therapeutics
Here are the key news stories impacting Corcept Therapeutics this week:
- Positive Sentiment: Recent media coverage highlighted Corcept among Q4 earnings outperformers, which can support investor optimism about near‑term revenue momentum and lift sentiment. Q4 earnings outperformers: Corcept (NASDAQ:CORT) and the rest of the branded pharmaceuticals stocks
- Neutral Sentiment: Multiple short‑interest reports claim a “large increase” but show 0 shares / NaN and a 0.0 days‑to‑cover metric — the figures are contradictory and suggest a data/reporting error rather than a genuine surge in shorting. Investors should monitor for corrected filings (FINRA/NYSE data) before drawing conclusions.
- Negative Sentiment: A wave of securities‑class action filings and law‑firm solicitations has emerged following an FDA rejection and a federal court patent loss cited in notices — Hagens Berman and other firms say the suit alleges management concealed regulatory warnings and pipeline readiness issues. Litigation risk raises potential for legal costs, settlements, and management distraction, which can pressure the stock. CORT ALERT: Hagens Berman Alerts Corcept Therapeutics (CORT) Investors to Securities Class Action Following FDA Rejection and Federal Court Patent Loss
- Negative Sentiment: Multiple plaintiff firms (Kirby McInerney, Pomerantz, Bronstein Gewirtz, Levi & Korsinsky, Wolf Haldenstein, Rosen, Schall, Portnoy, etc.) have issued notices and are soliciting lead plaintiff motions, with an April 21, 2026 lead‑plaintiff deadline. The coordinated legal activity amplifies the reputational and financial risk. CORT DEADLINE NOTICE: Corcept Therapeutics Incorporated Investors Encouraged to Contact Kirby McInerney LLP By April 21, 2026
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in shares of Corcept Therapeutics by 438.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 65,797 shares of the biotechnology company’s stock valued at $2,290,000 after buying an additional 53,574 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Corcept Therapeutics by 9.3% during the 4th quarter. Corient Private Wealth LLC now owns 7,035 shares of the biotechnology company’s stock worth $245,000 after acquiring an additional 600 shares during the last quarter. SHP Wealth Management bought a new stake in shares of Corcept Therapeutics during the 4th quarter worth approximately $72,000. Caitong International Asset Management Co. Ltd purchased a new position in Corcept Therapeutics during the 4th quarter valued at $8,757,000. Finally, Virtu Financial LLC bought a new position in Corcept Therapeutics in the 4th quarter valued at $456,000. Hedge funds and other institutional investors own 93.61% of the company’s stock.
About Corcept Therapeutics
Corcept Therapeutics is a clinical-stage biopharmaceutical company focused on discovering and developing drugs that modulate the effects of cortisol, a hormone implicated in a range of severe metabolic, oncologic and psychiatric disorders. The company’s scientific platform centers on selectively targeting the glucocorticoid receptor to counteract the harmful consequences of excess cortisol, a strategy designed to address diseases with significant unmet medical needs.
The company’s flagship marketed product, Korlym (mifepristone), is approved in the United States for the treatment of hyperglycemia secondary to Cushing’s syndrome in patients who have type 2 diabetes or glucose intolerance and are not candidates for surgery.
Further Reading
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