Insider Sale Alert: Cidara Therapeutics Inc [CDTX] – Is it Time to sell?

In a filing, Cidara Therapeutics Inc revealed its Chief Medical Officer Davarpanah Nicole Negar unloaded Company’s shares for reported $29797.0 on Sep 11 ’25. In the deal valued at $62.86 per share,474 shares were sold. As a result of this transaction, Davarpanah Nicole Negar now holds 31,418 shares worth roughly $2.1 million.

Then, RA CAPITAL MANAGEMENT, L.P. bought 2,272,727 shares, generating $99,999,988 in total proceeds. Upon buying the shares at $44.00, the Director now owns 3,365,523 shares.

Before that, Mineo Chrysa bought 2,270 shares. Cidara Therapeutics Inc shares valued at $49,281 were divested by the Director at a price of $21.71 per share. As a result of the transaction, Mineo Chrysa now holds 2,270 shares, worth roughly $0.15 million.

A number of analysts have revised their coverage, including Citizens JMP’s analysts, who began to cover the stock in mid March with a ‘”a Mkt outperform”‘ rating. RBC Capital Mkts started covering the stock on December 13, 2024. It rated CDTX as “an Outperform”.

Price Performance Review of CDTX

On Monday, Cidara Therapeutics Inc [NASDAQ:CDTX] saw its stock jump 1.97% to $66.91. Over the last five days, the stock has gained 7.66%. Cidara Therapeutics Inc shares have risen nearly 475.82% since the year began. Nevertheless, the stocks have risen 148.92% over the past one year.

How much short interest is there in Cidara Therapeutics Inc?

A steep rise in short interest was recorded in Cidara Therapeutics Inc stocks on 2025-08-29, dropping by 36010.0 shares to a total of 2.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 2.19 million shares. There was a decline of -1.67%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 08, 2024 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $33 price target.

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