Insider Trading February 23, 2026

Biodesix CDO Sells $7,103 in Stock as Company Posts Strong Preliminary Results

Gary Anthony Pestano disposed of 556 shares while the company readies earnings and reports revenue gains for 2025

By Ajmal Hussain BDSX
Biodesix CDO Sells $7,103 in Stock as Company Posts Strong Preliminary Results
BDSX

Biodesix INC Chief Development Officer Gary Anthony Pestano sold 556 shares on February 23, 2026, for roughly $7,103 at a weighted average price of $12.7756. The transaction occurred as the stock traded close to an InvestingPro Fair Value of $13.12 and after preliminary results showed revenue growth and EBITDA profitability for 2025. Pestano had exercised restricted stock units on February 20, adding 1,528 shares, and now directly owns 10,359 Biodesix shares. The company reports earnings on March 4.

Key Points

  • Insider transaction: Biodesix CDO Gary Anthony Pestano sold 556 shares on February 23, 2026, for approximately $7,103 at a weighted average price of $12.7756, with prices ranging from $12.58 to $13.16.
  • Ownership changes: On February 20, Pestano exercised restricted stock units to acquire 1,528 shares and now directly holds 10,359 shares of Biodesix.
  • Preliminary financials: Biodesix reported preliminary Q4 revenue of $28.8 million (+41% year-over-year) and estimated full-year 2025 revenue of $88.5 million (+24% year-over-year), exceeding the prior guidance range of $84-$86 million and achieving EBITDA profitability.

Biodesix INC (NASDAQ:BDSX) Chief Development Officer Gary Anthony Pestano executed a sale of 556 common shares on February 23, 2026, generating about $7,103 in proceeds. The shares sold at a weighted average of $12.7756 apiece, with trade prices spanning from $12.58 to $13.16.

This disposition came while the stock was trading near an InvestingPro Fair Value of $13.12, and after a year-to-date rally that has delivered an 88% return for the shares. Biodesix’s market capitalization at the time of the transaction is reported at $102.87 million.

Earlier in the week, on February 20, Pestano increased his holdings by 1,528 shares through the exercise of restricted stock units. After the combination of the RSU exercise and the subsequent sale, Pestano’s direct ownership in Biodesix stands at 10,359 common shares.

InvestingPro, which is cited in relation to the company’s fair value, indicates it provides six additional exclusive tips for BDSX. The company is scheduled to report quarterly results on March 4, a date noted as eight days away from the transaction date.


Separately, Biodesix disclosed preliminary financial results for the fourth quarter and full year 2025 that exceeded both analyst expectations and the firm's own guidance. The company reported fourth-quarter revenue of $28.8 million, representing a 41% increase from the same quarter a year earlier.

For the full year, Biodesix estimated revenue of $88.5 million, a 24% year-over-year increase that also surpassed the company’s previously raised guidance range of $84 million to $86 million. Management’s preliminary figures indicate the company achieved EBITDA profitability for the period.

Analysts have taken note of the preliminary results, though the reporting does not include any specific analyst upgrades or downgrades tied to the announcement. The company’s ability to top its revenue guidance has been highlighted as evidence of robust performance in the diagnostic solutions sector.

All figures and ownership data reported above reflect the disclosures and estimates cited in company-related materials and InvestingPro notes.

Risks

  • Upcoming earnings release: Biodesix is scheduled to report results on March 4, which could materially affect investor sentiment and share price in the diagnostic solutions and healthcare sectors.
  • Insider selling: The sale of shares by a senior executive introduces a near-term change in insider ownership that market participants may interpret in various ways, affecting investor perception in the biotechnology and diagnostics markets.
  • Small market capitalization: With a reported market cap of $102.87 million, shares may be more susceptible to volatility, which can impact liquidity and price movement in small-cap healthcare stocks.

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