Ceribell CEO Chao Xingjuan sells $424,000 in stock

Published 19/05/2025, 17:46
Ceribell CEO Chao Xingjuan sells $424,000 in stock

Chao Xingjuan, President and CEO of Ceribell, Inc. (NASDAQ:CBLL), executed several transactions involving the company’s common stock on May 15, 2025. The most significant transaction was the sale of 25,000 shares, amounting to $424,000, at an average price of $16.96 per share. This sale was part of a pre-arranged trading plan under Rule 10b5-1. The stock, currently trading at $17.35, has shown strong momentum with a 4.7% gain over the past week, though InvestingPro analysis suggests the shares are trading above their Fair Value.

In addition to the sale, Xingjuan exercised stock options to acquire 25,000 shares at $2.24 per share, totaling $56,000, and another 48,871 shares at $0.39 per share, totaling $19,059. These transactions reflect the ongoing management of her holdings in Ceribell, with shares owned directly amounting to 727,151 following these activities. The company maintains impressive gross profit margins of 87.25% and has attracted positive attention from analysts, with consensus targets ranging from $26 to $36 per share.

The transactions were facilitated under a trading plan, providing transparency and adherence to regulatory compliance. Xingjuan also holds indirect ownership of 369,088 shares through the ACP 2021 Trust, where she serves as a co-trustee. For deeper insights into insider trading patterns and comprehensive financial analysis, check out the detailed Pro Research Report available on InvestingPro.

In other recent news, Ceribell reported a significant 42% year-over-year increase in total revenue for the first quarter of 2025, reaching $20.5 million. Despite a net loss of $12.8 million, the company raised its full-year revenue guidance to between $83 million and $87 million, reflecting management’s confidence in sustained growth. Ceribell’s gross margin stood at a robust 88%, and the company remains optimistic about maintaining high margins despite potential tariff challenges. In addition to financial performance, Ceribell received FDA clearance for a new pediatric seizure detection algorithm, expanding its addressable patient population. Analyst firm TD Cowen reaffirmed its Buy rating and $36 price target for Ceribell, citing potential benefits from easing US-China trade tensions. These developments underscore Ceribell’s strategic initiatives and resilience amid international trade complexities. Investors are closely monitoring trade discussions, as positive outcomes could further improve Ceribell’s cost structure and profitability.

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