Monopar therapeutics director Starr sells $672k in stock

Published 17/07/2025, 02:08
Monopar therapeutics director Starr sells $672k in stock

Christopher M. Starr, a director at Monopar Therapeutics (NASDAQ:MNPR), sold 16,800 shares of common stock on July 14, 2025. The company’s stock has shown remarkable performance, with a 1,057% return over the past year, according to InvestingPro data. The shares were sold in multiple transactions at prices ranging from $40.00 to $40.25, for a total value of $672020.

On the same day, Starr also exercised stock options to acquire 16,800 shares of Monopar Therapeutics common stock for a total of $84, with the price of $0.005.

Following these transactions, Starr directly owns 5,173 shares of Monopar Therapeutics, representing a stake in the $249.13 million market cap company. Starr also indirectly owns 9,880 shares held by the Christopher M. Starr and Sheri L. Starr Revocable Trust, for which Dr. Starr serves as Trustee.

In other recent news, Monopar Therapeutics has been initiated with a buy rating by Chardan Capital Markets, highlighting potential in its Wilson disease treatment and radiopharmaceutical pipeline. Chardan set a $60 price target, noting the promising results of ALXN1840, a drug designed to remove copper from the body, which showed significant efficacy in phase III trials. Despite AstraZeneca (NASDAQ:AZN) previously halting the drug’s development, Monopar plans to seek FDA approval in early 2026. Additionally, Monopar will be added to the Russell 3000 and 2000 indexes, a move that acknowledges the company’s growth and development prospects. The inclusion follows the annual reconstitution of the Russell U.S. Indexes, which are used by investment managers to benchmark investment strategies. Monopar’s Chief Financial Officer, Quan Vu, expressed pride in joining the indexes, attributing the achievement to the potential of their drug candidates. The company continues to focus on developing radiopharmaceuticals for cancer treatment, leveraging monoclonal antibodies. Monopar is also actively involved in raising funds to support its clinical and regulatory activities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.