Insider Trading March 12, 2026

Regenxbio CMO Disposes $53,033 in Stock as Company Posts Clinical and Financial Updates

Steve Pakola sells 5,124 shares under a 10b5-1 plan; Regenxbio reports positive interim data for RGX-202 alongside 2025 financial results and mixed analyst targets

By Ajmal Hussain RGNX
Regenxbio CMO Disposes $53,033 in Stock as Company Posts Clinical and Financial Updates
RGNX

Regenxbio Chief Medical Officer Steve Pakola sold 5,124 shares of company stock on March 10, 2026, under a Rule 10b5-1 trading plan for $10.35 per share, totaling $53,033. The company reported encouraging interim Phase I/II AFFINITY DUCHENNE data for RGX-202 and disclosed 2025 financial results showing revenue of $170.4 million and a full-year net loss of $193.9 million. Multiple analysts maintained Buy or Overweight ratings while adjusting price targets.

Key Points

  • Regenxbio CMO Steve Pakola sold 5,124 shares at $10.35 per share on March 10, 2026, under a Rule 10b5-1 plan, reducing his direct holdings to 247,926 shares - impacts corporate governance and insider activity monitoring.
  • Company released positive interim Phase I/II AFFINITY DUCHENNE data for RGX-202 showing functional improvement on timed function tests and the North Star Ambulatory Assessment versus external controls - impacts biotech and drug development narratives.
  • 2025 financials show $170.4 million in revenue and a full-year net loss of $193.9 million; multiple analysts reiterated Buy/Overweight stances while revising price targets - impacts markets and investor valuation assessments.

Key transaction details

Regenxbio Inc. (NASDAQ: RGNX) Chief Medical Officer Steve Pakola sold 5,124 shares of company stock on March 10, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The sale was executed at $10.35 per share, resulting in a total transaction value of $53,033. The disposition was carried out under a Rule 10b5-1 trading plan. After the sale, Pakola directly holds 247,926 shares of Regenxbio common stock.

The stock was trading at $9.08 at the time of the update, which is below the price at which Pakola executed the sale.


Clinical progress

Separately, Regenxbio disclosed interim results from its Phase I/II AFFINITY DUCHENNE study of RGX-202, the company’s gene therapy candidate for Duchenne muscular dystrophy. The interim data showed improved performance on timed function tests and on the North Star Ambulatory Assessment for trial participants versus external controls, indicating encouraging early signals on functional measures.


Financials and 2025 results

The company reported fourth-quarter revenue of $30.3 million and a fourth-quarter net loss of $61.7 million. For the full year 2025, Regenxbio recorded revenue of $170.4 million alongside a net loss of $193.9 million.


Analyst views and market perception

Several sell-side firms and market strategists provided updated views following the company’s results. Stifel reiterated a Buy rating, highlighting confidence in RGX-202’s potential based on safety and efficacy signals. H.C. Wainwright maintained a Buy rating and set a price target of $30. Clear Street also reiterated a Buy rating, placing a $45 price target while noting the market appears to undervalue the company’s early data strength. Morgan Stanley adjusted its price target to $17 but kept an Overweight rating after revising its financial model following Regenxbio’s 2025 results.


Platform analysis

InvestingPro analysis flagged Regenxbio as appearing on its Most Undervalued list. The InvestingPro Tips included in the platform note call out that the company is burning through cash and remained unprofitable over the last twelve months. The InvestingPro note references six additional ProTips and a comprehensive Pro Research Report that investors can access for more in-depth analysis.


What this means

The insider sale was executed under an established 10b5-1 plan and reduced Pakola’s direct holdings to 247,926 shares. At the same time, Regenxbio’s clinical update and the mixed-but-constructive set of analyst ratings signal ongoing interest from the research community, even as the company reports substantial net losses and continued cash use. The stock trading below the insider sale price highlights a current market valuation that differs from the trade executed.

For investors, the confluence of insider activity, fresh clinical data, persistent cash burn, and divergent analyst price targets frames the near-term narrative for Regenxbio.

Risks

  • Company is "quickly burning through cash" and remained unprofitable over the last twelve months, as noted in InvestingPro Tips - impacts equity valuation and financing needs in the biotechnology sector.
  • Current market price ($9.08) is below the insider sale price ($10.35), indicating a valuation gap between the market and the executed insider transaction - impacts shareholder sentiment and market perception.
  • Analyst price targets vary materially (examples include $45, $30, $17), reflecting differing assumptions about RGX-202’s potential and financial projections - impacts investor uncertainty and market volatility.

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