Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT – Get Free Report) insider Masaru Matsuda sold 8,256 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $23.31, for a total value of $192,447.36. Following the sale, the insider directly owned 126,689 shares in the company, valued at approximately $2,953,120.59. The trade was a 6.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Masaru Matsuda also recently made the following trade(s):
- On Monday, March 2nd, Masaru Matsuda sold 8,733 shares of Arcutis Biotherapeutics stock. The shares were sold at an average price of $25.30, for a total value of $220,944.90.
- On Friday, February 27th, Masaru Matsuda sold 3,325 shares of Arcutis Biotherapeutics stock. The stock was sold at an average price of $27.95, for a total transaction of $92,933.75.
Arcutis Biotherapeutics Stock Up 3.2%
Shares of ARQT stock traded up $0.75 during mid-day trading on Wednesday, hitting $24.17. 1,381,968 shares of the stock traded hands, compared to its average volume of 1,026,236. Arcutis Biotherapeutics, Inc. has a 52-week low of $12.42 and a 52-week high of $31.77. The stock has a market cap of $3.02 billion, a P/E ratio of -172.63 and a beta of 1.58. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.17 and a quick ratio of 2.99. The stock’s fifty day moving average is $23.78 and its two-hundred day moving average is $25.78.
Institutional Trading of Arcutis Biotherapeutics
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Independent Financial Group LLC purchased a new stake in Arcutis Biotherapeutics during the 1st quarter valued at about $210,000. Bank of New York Mellon Corp lifted its holdings in shares of Arcutis Biotherapeutics by 0.4% during the first quarter. Bank of New York Mellon Corp now owns 305,532 shares of the company’s stock worth $7,198,000 after purchasing an additional 1,104 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in shares of Arcutis Biotherapeutics by 4.9% during the first quarter. Hillsdale Investment Management Inc. now owns 188,220 shares of the company’s stock worth $4,434,000 after purchasing an additional 8,800 shares during the period. Principal Financial Group Inc. purchased a new stake in Arcutis Biotherapeutics in the first quarter valued at approximately $3,978,000. Finally, Candriam S.C.A. boosted its position in Arcutis Biotherapeutics by 35.3% in the first quarter. Candriam S.C.A. now owns 1,086,651 shares of the company’s stock valued at $25,601,000 after buying an additional 283,513 shares during the last quarter.
More Arcutis Biotherapeutics News
Here are the key news stories impacting Arcutis Biotherapeutics this week:
- Positive Sentiment: Q1 product momentum — ZORYVE net product revenue was $105.4M, up ~65% year‑over‑year and above consensus revenue; company said it maintained positive operating cash flow and highlighted continued branded non‑steroidal share gains. Arcutis Announces First Quarter 2026 Financial Results and Provides Business Update
- Positive Sentiment: Regulatory and pipeline progress — submitted an sNDA to expand ZORYVE for infants (3–24 months), completed enrollment in the ZORYVE foam pediatric MUSE trial, and started first‑in‑human studies of ARQ‑234. These catalysts support longer‑term growth expectations. Arcutis Announces First Quarter 2026 Financial Results and Provides Business Update
- Positive Sentiment: Commercial build — expanded the dermatology sales force and is building a primary care/pediatrics organization, which could broaden ZORYVE adoption. Arcutis Announces First Quarter 2026 Financial Results and Provides Business Update
- Positive Sentiment: Analyst stance — broker consensus remains a “Moderate Buy,” supporting investor sentiment around upside to the current share price. Arcutis Receives Consensus Recommendation of “Moderate Buy”
- Neutral Sentiment: Insider sales disclosed — several executives and a director sold shares recently (executed under pre‑arranged Rule 10b5‑1 plans and largely to cover taxes on vested awards), which is typical after vesting and less likely to signal negative insider sentiment. Representative SEC filing: Todd Watanabe Form 4
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on ARQT shares. Mizuho reduced their price target on Arcutis Biotherapeutics from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Arcutis Biotherapeutics in a report on Friday, March 27th. Wall Street Zen lowered Arcutis Biotherapeutics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Guggenheim upped their price objective on shares of Arcutis Biotherapeutics from $34.00 to $35.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, HC Wainwright increased their price objective on shares of Arcutis Biotherapeutics from $30.00 to $34.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Arcutis Biotherapeutics presently has an average rating of “Moderate Buy” and an average target price of $34.00.
Check Out Our Latest Research Report on Arcutis Biotherapeutics
About Arcutis Biotherapeutics
Arcutis Biotherapeutics is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for immuno-inflammatory skin diseases. The company’s research and development efforts center on targeted treatments that address the underlying biology of conditions such as plaque psoriasis, atopic dermatitis, seborrheic dermatitis and vitiligo. Arcutis employs a precision-medicine approach to deliver topical therapies designed to improve efficacy and tolerability compared with existing treatment options.
In August 2022, Arcutis received U.S.
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