Insider Sale: EVP & CFO Colleen Tupper Sells Shares of Collegium Pharmaceutical Inc (COLL)

On May 28, 2024, Colleen Tupper, Executive Vice President and Chief Financial Officer of Collegium Pharmaceutical Inc (COLL, Financial), executed a sale of 19,710 shares of the company. According to the SEC Filing, the transaction occurred at an average price of $34.21 per share, totaling approximately $674,520. Following this transaction, the insider now owns 130,845 shares of the company.

Collegium Pharmaceutical Inc, based in Stoughton, Massachusetts, is a specialty pharmaceutical company focused on developing and commercializing innovative treatments for pain management and other diseases. The company's primary products include extended-release opioids which are designed to address pain while attempting to minimize the risks of opioid abuse.

Over the past year, Colleen Tupper has sold a total of 19,710 shares and has not made any purchases of the company's stock. The insider transaction history for Collegium Pharmaceutical Inc shows a total of 11 insider sells and no insider buys over the same timeframe.

Shares of Collegium Pharmaceutical Inc were trading at $34.21 on the day of the transaction, giving the company a market cap of $1.085 billion. The price-earnings ratio of the stock stands at 13.78, which is lower than both the industry median of 23.02 and the company's historical median.

According to the GF Value, the intrinsic value estimate for Collegium Pharmaceutical Inc is $27.98 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.22.

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The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.

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This recent insider sale may interest investors tracking insider behaviors, especially in the context of the company's stock valuation and market performance.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.