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Adam Dubow, General Counsel & Secretary of Day One Biopharmaceuticals, Inc. (NASDAQ:DAWN), sold 4,365 shares of common stock on August 18, 2025, at a weighted average price of $6.7671, for a total value of $29,538. The prices for these shares sold in block trades ranged from $6.65 to $6.87.
On the same date, Dubow also exercised options to acquire a total of 12,087 shares of Day One Biopharmaceuticals’ common stock. These transactions involved the conversion of Restricted Stock Units (RSUs) into common stock. According to InvestingPro analysis, the company appears undervalued, with analysts setting price targets between $16 and $34. Discover more insights and 8 additional ProTips with an InvestingPro subscription.
In other recent news, Day One Biopharmaceuticals reported notable financial performance for the second quarter of 2025, marked by strong revenue growth. The company’s strategic expansions and focus on its primary product, Ogemda, have bolstered market confidence. Despite the absence of specific earnings per share data, the reported revenue growth has been a key highlight for investors. Additionally, Piper Sandler initiated coverage on Dayforce with an Overweight rating and a $25.00 price target. This comes after concerns arose about a potential plateauing of Ogemda approximately one year after its launch. Piper Sandler’s rating suggests optimism about the company’s potential despite recent sentiment declines. These developments reflect ongoing strategic moves and market responses in the biopharmaceutical sector.
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