Roivant Sciences’ president Venker sells $10.7m in shares

Published 09/10/2025, 02:10
Roivant Sciences’ president Venker sells $10.7m in shares

Eric Venker, President & Immunovant CEO of Roivant Sciences Ltd (NASDAQ:ROIV), sold 665,159 shares of common stock between October 6 and October 8, 2025, for a total of $10,781,813. The shares were sold at prices ranging from $16.15 to $16.34.

During the same period, Venker also acquired 547,109 shares through option exercises at prices ranging from $3.85 to $15.85, totaling $5,956,031. According to InvestingPro analysis, ROIV appears overvalued at current levels, with 13 additional exclusive ProTips and a comprehensive Pro Research Report available for deeper insight into the company’s fundamentals and future prospects.

In other recent news, Roivant Sciences has reported positive results from its Phase 3 VALOR trial for brepocitinib, a treatment for dermatomyositis. The trial demonstrated that the once-daily oral medication achieved significant improvements in patients, meeting both primary and secondary endpoints. Following these results, Goldman Sachs raised its price target for Roivant Sciences to $24, maintaining a Buy rating, and H.C. Wainwright increased its price target to $20, also reiterating a Buy rating. Both investment firms highlighted the potential for Roivant’s pipeline to generate substantial sales in the future. These developments suggest a promising outlook for Roivant Sciences as it continues to advance its commercial franchise.

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