CEO Jerrell Shelton Sells Some Shares of Cryoport (CYRX)

According to the SEC Form 4 filing on June 26, 2025, Jerrell Shelton, President and CEO, exercised $5 per share options on 16,344 shares of Cryoport(NASDAQ:CYRX) and proceeded to sell them at $7.0586 per share (on average) on June 24, 2025, for a total sale price of $115,365.Cryoport is a specialized provider of temperature-controlled logistics and storage solutions for the life sciences sector, supporting the global movement and preservation of sensitive biological materials. The company leverages proprietary technology and cloud-based platforms to ensure regulatory compliance and shipment integrity for its clients.While I'm not a fan of following top insiders' actions when they buy or sell their own stock, I think I'd follow Shelton here if I were a Cryoport stockholder and unload my holdings. While the company operates an interesting business at the intersection of healthcare and logistics, its recent performance is not overly impressive. Cryoport has seen drops in revenue in recent quarters and has posted losses that have been rather deep at times. Meanwhile, there haven't been any developments lately suggesting any kind of meaningful reversal in its financial trajectory is in the works.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool