Rapport Therapeutics (RAPP) CEO Ceesay Sells $64K of Stock
Key Points
- Rapport Therapeutics CEO Abraham Ceesay sold 2,210 shares on October 21, 2026, cutting his holdings by about 0.49% to 450,035 shares.
- The stock recently traded around $26.53, well below its 50-day moving average, as the company approaches its next earnings report on November 5, 2026.
- Other insiders, including CFO Troy A. Ignelzi, have also transacted in company shares around the same period.
Since the trade, $RAPP is up 5.9% to date (from the $25.06 close on Oct 21, 2026).
Get Rapport Therapeutics text alerts
We text you when insiders, Congress, analysts or big funds move on $RAPP.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Rapport Therapeutics, Inc. alert may contain errors. Disclosures
Inside Abraham Ceesay's Rapport Therapeutics Trade
Rapport Therapeutics, Inc. (NASDAQ:RAPP) Chief Executive Officer Abraham Ceesay sold 2,210 shares of the company on October 21, 2026, according to a Form 4 filing with the SEC. The shares were sold at an average price of $29.16, for a total value of $64,447.58. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Ceesay directly held 450,035 shares, marking a 0.49% reduction in his holdings.
Other Institutional Activity in Rapport Therapeutics
Other large funds have adjusted their positions in the clinical-stage biopharmaceutical company recently. Trv Gp V, LLC reduced its holdings by 854,814 shares, ending the period with 6,280,525 shares worth about $162,854,015. Arch Venture Management, Llc kept its stake unchanged at 3,728,738 shares valued at roughly $96,686,177. Capital International Investors trimmed its position by 175,962 shares to hold 2,921,958 shares worth approximately $75,766,371. Cormorant Asset Management, LP lowered its stake by 299,881 shares, finishing with 2,657,521 shares valued at about $68,909,520. Meanwhile, Sofinnova Investments, Inc. maintained its holding at 1,904,408 shares worth roughly $49,381,300.
Rapport Therapeutics, Inc. Stock Up 3.5%
Rapport Therapeutics shares closed at $25.06 on the transaction date and recently traded around $26.53 as of October 23, 2026. The stock sits below its 50-day moving average of $39.48 and well below its 52-week high of $52.93, while trading roughly 11.7% above its 52-week low of $23.75.
Recent Earnings
The company reported trailing-twelve-month revenue of $20.0 million and an EPS of -$3.03. Its return on equity stood at -40.0%. Rapport Therapeutics has scheduled its next earnings release for November 5, 2026.
Insider Buying and Selling at Rapport Therapeutics, Inc.
Insider transactions around the same time included CFO Troy A. Ignelzi purchasing 5,500 shares on October 21, 2026, for $143,550. Later, on October 22, 2026, director John Maraganore bought 9,411 shares for $248,890.83, director Steven M Paul acquired 35,714 shares for $974,277.92, and director Wendy B. Young bought 3,789 shares for $99,991.71.
Analysts Set New Price Targets
Analyst coverage ahead of the trade included HC Wainwright & Co. reiterating a Buy rating with a $66.0 target on October 20, 2026. BTIG maintained a Buy rating while lifting its target from $75.0 to $89.0 on the same day. On October 21, 2026, Jones Trading maintained a Buy rating and raised its target from $50.0 to $82.0. Wells Fargo maintained an Overweight rating and adjusted its target from $51.0 to $50.0, while Guggenheim maintained a Buy rating and raised its target from $65.0 to $70.0. Overall, the company carries a consensus strong buy rating with a mean price target of $69.40 across 15 analyst opinions.
About Rapport Therapeutics
Based in Boston, Massachusetts, Rapport Therapeutics focuses on discovering and developing small molecule medicines for central nervous system disorders. The clinical-stage biopharmaceutical firm employs 84 people and operates within the healthcare sector.
Bottom Line
Investors are keeping an eye on upcoming financial updates, including the scheduled earnings report on November 5, 2026. SEC Form 4 filings will continue to provide updates on executive and director ownership changes.
Source: Abraham Ceesay's Form 4 filing on $RAPP (Oct 21, 2026). Written by software, not financial advice. How we make alerts