AXSM CFO Sells Shares Amid Insider Trading Activity

On February 14, 2025, Nick Pizzie, the Chief Financial Officer of $AXSM, sold 3,000 shares of the company for an estimated $393,210. This transaction was reported in a recent SEC filing. The sale represents about 6.6% of his holdings in this class of stock, leaving him with 42,187 shares of $AXSM.

Insider Trading Analysis for $AXSM

In the last six months, insiders at $AXSM have engaged in trading activities on three occasions. Notably, there have been no purchases, but three sales have been recorded.

Here’s a summary of the recent insider trading activities:

• NICK PIZZIE (Chief Financial Officer) sold 15,000 shares, totaling approximately $1,951,530, across two sales without any purchases.
• MARK E SAAD sold 11,016 shares for an estimated $1,005,870.

For more detailed insights into insider actions, consider checking Quiver Quantitative’s insider trading dashboard.

Recent Hedge Fund Movements in $AXSM

Recently, 146 institutional investors have added shares of $AXSM to their portfolios, while 137 have reduced their positions in the latest quarter.

Here are significant movements among hedge funds:

• FAIRMOUNT FUNDS MANAGEMENT LLC decreased holdings by 891,094 shares (-37.8%) in Q4 2024, valued at about $75,395,463.
• DEEP TRACK CAPITAL, LP sold 857,219 shares (-100.0%) in Q4 2024, totaling approximately $72,529,299.
• MILLENNIUM MANAGEMENT LLC reduced their holdings by 715,065 shares (-96.7%) in Q3 2024, equating to around $64,262,891.
• CITADEL ADVISORS LLC added 686,096 shares (+225.2%) in Q4 2024, worth about $58,050,582.
• ADAGE CAPITAL PARTNERS GP, L.L.C. decreased their positions by 465,000 shares (-88.6%) in Q4 2024, valued at approximately $39,343,650.
• VESTAL POINT CAPITAL, LP fully exited with 300,000 shares (-100.0%) in Q3 2024, worth around $26,961,000.
• IRON TRIANGLE PARTNERS LP added 252,266 shares to their portfolio in Q3 2024, valued at approximately $22,671,145.

To stay updated on hedge fund activities, visit Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative’s disclaimers for more details.

This article originally appeared on Quiver News; read the full story.

The views expressed in this article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.