Adaptive Biotechnologies CFO Kyle Piskel Sells $40,619 in Stock to Cover Tax Obligations
Adaptive Biotechnologies CFO Kyle Piskel sells $40,619 in stock

Image: Investing Australia
Kyle Piskel, CFO of Adaptive Biotechnologies Corp, sold 3,115 shares of the company for $40,619 on May 18, 2026, to cover tax obligations linked to restricted stock units. The company's stock has risen nearly 50% over the past year, currently trading at $13.95, despite remaining unprofitable.
- 01The sale of shares was executed at a price of $13.04 per share on May 18, 2026.
- 02Mr. Piskel retains 256,725 shares of Adaptive Biotechnologies following the sale.
- 03The company reported $295 million in revenue over the past year with a 56% growth rate.
- 04In Q1 2026, Adaptive Biotechnologies achieved $70.9 million in revenue, exceeding forecasts by 16.4%.
- 05The stock is currently viewed as potentially overvalued compared to its Fair Value according to InvestingPro analysis.
Advertisement
In-Article Ad
Kyle Piskel, the Chief Financial Officer of Adaptive Biotechnologies Corp (NASDAQ: ADPT), sold 3,115 shares of the company on May 18, 2026, for a total of $40,619. This transaction was executed at a price of $13.04 per share, primarily to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). Following this sale, Piskel holds 256,725 shares of the company. Adaptive Biotechnologies' stock has seen significant growth, currently trading at $13.95, reflecting a nearly 50% increase over the past year, despite the company remaining unprofitable. In the last twelve months, Adaptive Biotechnologies reported revenues of $295 million, marking a 56% growth. In its first quarter of 2026, the company surpassed revenue expectations by achieving $70.9 million, exceeding the forecast of $60.89 million by approximately 16.4%. This growth has been largely driven by advancements in its Minimal Residual Disease (MRD) business. While the stock's valuation is under scrutiny, the company's strong financial performance continues to attract investor interest.
Advertisement
In-Article Ad
The financial performance and stock activity of Adaptive Biotechnologies may influence investor confidence and market dynamics.
Advertisement
In-Article Ad
Reader Poll
Do you think Adaptive Biotechnologies will become profitable in the next year?
Connecting to poll...
Read the original article
Visit the source for the complete story.

&w=1200&q=75)
&w=1200&q=75)


