Yesterday, a Director at Corcept Therapeutics (CORT), Leonard G. Baker, bought shares of CORT for $242.6K.
Following Leonard G. Baker’s last CORT Buy transaction on September 01, 2020, the stock climbed by 5.8%.
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Based on Corcept Therapeutics’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $86.33 million and quarterly net profit of $21.63 million. In comparison, last year the company earned revenue of $81.51 million and had a net profit of $26.34 million. The company has a one-year high of $23.48 and a one-year low of $9.70. Currently, Corcept Therapeutics has an average volume of 965.64K.
The insider sentiment on Corcept Therapeutics has been positive according to 10 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Leonard G. Baker’s trades have generated a 24.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Corcept Therapeutics, Inc. is a commercial-stage pharmaceutical company, which engages in the discovery, development and commercialization of medications to treat severe metabolic, oncologic and psychiatric disorders. It focuses on the development of drugs for disorders that are associated with a steroid hormone called cortisol. Its products include korlym and korlym support. The company was founded by David B. Singer and Joseph K. Belanoff on May 13, 1998 and is headquartered in Menlo Park, CA.
