Corcept Therapeutics (NASDAQ: CORT) recently received a number of ratings updates from brokerages and research firms:
- 8/1/2026 – Corcept Therapeutics was upgraded by Wall Street Zen from “hold” to “strong-buy”.
- 7/30/2026 – Corcept Therapeutics had its price target raised by HC Wainwright from $95.00 to $165.00. They now have a “buy” rating on the stock.
- 7/30/2026 – Corcept Therapeutics had its “overweight” rating reaffirmed by Piper Sandler. They now have a $165.00 price target on the stock, up from $88.00.
- 7/29/2026 – Corcept Therapeutics had its price target raised by Canaccord Genuity Group Inc. from $135.00 to $150.00. They now have a “buy” rating on the stock.
- 7/27/2026 – Corcept Therapeutics was downgraded by Wolfe Research from “peer perform” to “underperform”. They now have a $50.00 price target on the stock.
- 6/24/2026 – Corcept Therapeutics had its “hold (c-)” rating reaffirmed by Weiss Ratings.
- 6/15/2026 – Corcept Therapeutics was upgraded by Truist Financial Corporation to “strong-buy”.
Insider Transactions at Corcept Therapeutics
In other news, CFO Atabak Mokari sold 80,000 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $114.71, for a total value of $9,176,800.00. Following the completion of the sale, the chief financial officer owned 16,130 shares of the company’s stock, valued at approximately $1,850,272.30. This represents a 83.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William Guyer sold 16,300 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $113.43, for a total transaction of $1,848,909.00. Following the completion of the sale, the insider directly owned 3,985 shares of the company’s stock, valued at $452,018.55. This trade represents a 80.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 402,876 shares of company stock worth $35,118,563. Corporate insiders own 20.70% of the company’s stock.
The company’s flagship marketed product, Korlym (mifepristone), is approved in the United States for the treatment of hyperglycemia secondary to Cushing’s syndrome in patients who have type 2 diabetes or glucose intolerance and are not candidates for surgery.
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