Xenon Stock at $42: What to Know of a $75 Million Trim Ahead of March Phase 3 Data
XenonXenon(US:XENE) Yahoo Finance·2026-02-20 06:41

Connecticut-based Braidwell disclosed a sale of 1,779,953 shares of Xenon Pharmaceuticals (NASDAQ:XENE) in its February 17, 2026, SEC filing, an estimated 74.76milliontradebasedonquarterlyaveragepricing.WhathappenedAccordingtoaSECfilingdatedFebruary17,2026,BraidwellreduceditspositioninXenonPharmaceuticalsby1,779,953shares.Theestimatedtransactionvaluewas74.76 million trade based on quarterly average pricing. What happened According to a SEC filing dated February 17, 2026, Braidwell reduced its position in Xenon Pharmaceuticals by 1,779,953 shares. The estimated transaction value was 74.76 million, based on the mean unadjusted closing price during the fourth quarter of 2025. At quarter-end, the stake ...