Insider at Protagonist Therapeutics (PTGX.US) Plans to Sell $5.39 Million in Common Stock via Form 144
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy PTGX?
Source: moomoo
Stock Sale Announcement: Dinesh Patel plans to sell 54,700 shares of Protagonist Therapeutics (PTGX.US) on March 24, with a total market value of approximately $5.39 million.
Reduction in Holdings: Patel has reduced his shareholding in Protagonist Therapeutics by 48,273 shares since January 23, 2026, valued at around $4.06 million.
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Analyst Views on PTGX
Wall Street analysts forecast PTGX stock price to fall
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 98.970
Low
65.00
Averages
94.54
High
115.00
Current: 98.970
Low
65.00
Averages
94.54
High
115.00
About PTGX
Protagonist Therapeutics, Inc. is a biopharmaceutical company focused on peptide therapeutics. The Company’s clinical programs fall into two categories of diseases: hematology and blood disorders, and inflammatory and immunomodulatory diseases. Its two peptides derived from its proprietary discovery technology platform, rusfertide and icotrokinra, are in advanced Phase III clinical development. Its rusfertide (PTG-300) is an injectable hepcidin mimetic in development for the potential treatment of polycythemia vera (PV) and other blood disorders. Icotrokinra, an orally delivered IL-23R specific antagonist for the potential treatment of psoriasis, psoriatic arthritis (PsA), ulcerative colitis and inflammatory bowel disease (IBD) indications. The Company also has a pre-clinical stage oral drug discovery program addressing clinically and commercially validated targets, including the IL-17 oral peptide antagonist PN-881, an oral hepcidin program, and an oral obesity program.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Reduction in Holdings: Patel has reduced his shareholding in Protagonist Therapeutics by 48,273 shares since January 23, 2026, valued at around $4.06 million.
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Reduction in Holdings: Patel has reduced his shareholding in Protagonist Therapeutics by 48,273 shares since January 23, 2026, valued at around $4.06 million.
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- Analyst Optimism: H.C. Wainwright analyst Douglas Tsao noted that the earlier-than-expected approval and
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- Significant Market Potential: J&J anticipates that Icotyde could exceed $5 billion in annual sales once approved for other autoimmune conditions, highlighting its substantial potential in the competitive psoriasis treatment market.
- Increased Patient Acceptance: The oral formulation of Icotyde is likely to appeal to approximately 75% of the 8 million U.S. psoriasis patients who do not transition from topical treatments to injections due to needle phobia, potentially enhancing patient adherence to treatment.
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See More
