The Chairman of GW Pharma (GWPH) is Selling Shares

Yesterday, the Chairman of GW Pharma (GWPH), Geoffrey Guy, sold shares of GWPH for $7.86M.

In addition to Geoffrey Guy, 2 other GWPH executives reported Sell trades in the last month.

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Based on GW Pharma’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $137 million and GAAP net loss of -$12,188,000. In comparison, last year the company earned revenue of $90.97 million and had a GAAP net loss of $13.76 million. The company has a one-year high of $144.00 and a one-year low of $67.98. Currently, GW Pharma has an average volume of 60.62K.

Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $158.43, reflecting a -23.5% downside.

The insider sentiment on GW Pharma has been negative according to 88 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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GW Pharmaceuticals Plc is a biopharmaceutical company, which engages in the discovery, development, and commercialization of novel therapeutics. It offers its cannabinoid product, Epidiolex oral solution CV, a pharmaceutical formulation of cannabidiol (CBD) focusing on the treatment of seizures associated with tuberous sclerosis complex. The company was founded by Geoffrey William Guy and Brian Whittle in 1998 and is headquartered in Cambridge, the United Kingdom.

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