Incyte Corp principal accounting officer sells $72,565 of stock

Investing.com · 2026-11-06 06:01 UTC

Incyte Corp principal accounting officer sells $72,565 of stock

Tray Thomas, Principal Accounting Officer at Incyte Corp (NASDAQ:INCY), sold shares of the company’s common stock, according to a recent filing.

The transaction, which took place on November 3, 2026, involved the sale of 610 shares at a price of $118.96 per share. This sale amounted to a total value of $72,565. The sale price was close to the stock’s current trading level of $118.01, though InvestingPro analysis suggests the shares remain undervalued with a Fair Value of $147.12, placing it on the platform’s Most Undervalued list. The $24.05 billion biotech company trades at a P/E ratio of 61.11, and InvestingPro Tips highlight that 8 analysts have revised earnings downwards for the upcoming period—one of 10 exclusive tips available to subscribers.

Following this transaction, Mr. Thomas directly holds 21,126 shares of Incyte Corp common stock. This total includes 13,070 shares of common stock issuable pursuant to previously reported restricted stock units that have not yet vested.

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