Travere Therapeutics, Inc. belongs to the Healthcare & Pharma sector. Filings by its managers are published through SEC (Form 4). 24 insiders have disclosed 167 filings since 18 October 2025.
All open-market trades in the period are sales: 80 sales worth €68.6M, by 11 insiders, with no purchase on record. The totals do not cover 2 filings with an undisclosed amount. At €5.7M, the sale published on 17 September 2026 by Dube Eric M is the largest of the period (0.12% of market cap).
Compared with its exchange (5,458 companies, median 22 filings), a count of 167 filings is above the norm. Over the whole record (from 2016), the tally stands at no purchases and 141 sales. For the fiscal year to 31 December 2025, the annual 10-K puts revenue at 490.7 m USD and net income at -25.5 m USD.
The median gap between a trade and its publication by SEC (Form 4) is 2 days. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
Other companies in the same sector with recent insider buying flagged by our signals: Anixa Biosciences Inc and Vivos Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
+5 other insiders
Analysts rate Travere Therapeutics, Inc. Strong Buy (bullish), based on 14 analysts. Average price target: US$75.21.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 344 declarations
Travere Therapeutics, Inc. is a U.S.-based biopharmaceutical company listed on the NASDAQ under the ticker TVTX. Headquartered in San Diego, California, Travere operates as a specialty rare-disease company with a strong focus on nephrology and adjacent orphan-therapy opportunities. The company was founded in 2008 and has evolved into a commercial-stage platform that combines drug development, regulatory execution, and a targeted specialty sales model. Travere describes itself as a company focused on identifying, developing, and delivering life-changing therapies for people living with rare diseases, which frames both its R&D strategy and its market positioning. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1438533/000143853324000014/travereannualreportars.pdf?utm_source=openai))
Travere’s commercial story is increasingly centered on FILSPARI® (sparsentan), its lead product for rare kidney diseases. Recent company disclosures show meaningful U.S. net product-sales growth into 2026, reflecting stronger uptake and continued commercial momentum. A key milestone came in April 2026, when the FDA granted full approval to FILSPARI to reduce proteinuria in adult and pediatric patients aged 8 years and older with focal segmental glomerulosclerosis (FSGS) without nephrotic syndrome. That approval broadens the drug’s addressable clinical footprint and reinforces its role as the main value driver in the portfolio. Travere also supports treatment initiation and adherence through Travere TotalCare®, a patient-support program designed for patients, caregivers, and healthcare providers. ([ir.travere.com](https://ir.travere.com/press-releases/news-details/2026/Travere-Therapeutics-Announces-Full-FDA-Approval-of-FILSPARI-sparsentan-the-First-and-Only-Approved-Medicine-for-FSGS/default.aspx?utm_source=openai))
From a competitive standpoint, Travere is a focused specialist rather than a scaled diversified pharma company. Its advantage lies in operating within rare diseases, where clinical differentiation, regulatory barriers, and reimbursement complexity can reduce direct competition and support premium pricing when data are compelling. The company’s strategy relies on expanding FILSPARI’s label, converting commercial momentum into durable revenue, and advancing its pipeline and partnerships. Travere has also reported international collaborations, including with Chugai Pharmaceutical in Japan and CSL in parts of Europe, signaling a selective global expansion strategy. That said, the company remains exposed to typical biotech risks: launch execution, payer access, manufacturing scale-up, regulatory outcomes, and competitive dynamics. ([ir.travere.com](https://ir.travere.com/press-releases/news-details/2026/Travere-Therapeutics-Reports-Fourth-Quarter-and-Full-Year-2025-Financial-Results/default.aspx?utm_source=openai))
For investors, Travere represents a healthcare/pharma growth story with a rare-disease focus and a commercially important lead asset. The company is not a broad-based pharmaceutical giant; instead, it is a niche specialty player whose equity case depends on FILSPARI adoption, label expansion, international partnerships, and pipeline execution. Recent 2026 updates and quarterly sales trends point to improving fundamentals, while the stock still carries the higher volatility and event risk typical of a specialty biopharma name. ([ir.travere.com](https://ir.travere.com/press-releases/news-details/2026/Travere-Therapeutics-Announces-Full-FDA-Approval-of-FILSPARI-sparsentan-the-First-and-Only-Approved-Medicine-for-FSGS/default.aspx?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsInsider filings
Over the last 90 days, 80 filings published between 17 August and 15 October 2026: 46 sales for €58.1M. 34 other filings (not open-market purchases or sales: grants, options, plans, sale notices, block transfers). Largest amounts: Dube Eric M (CHIEF EXECUTIVE OFFICER), sales of €22.0M; Heerma Peter (EVP, CHIEF COMMERCIAL OFFICER), sales of €15.5M; ROTE WILLIAM E. (Chief Research Officer), sales of €11.4M.
Summary written automatically from public filings, without human review. General information, identical for every reader: it is not investment advice or a recommendation to buy or sell. Investing involves a risk of capital loss. Generated on 17 October 2026 (UTC)
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 490.7 m USD | -25.5 m USD | -0.29 USD | 10-K |
| Dec 2024 | 233.2 m USD | -321.5 m USD | -4.08 USD | 10-K |
| Dec 2023 | 145.2 m USD | -111.4 m USD | -1.50 USD | 10-K |
| Dec 2022 | 109.5 m USD | -278.5 m USD | -4.37 USD | 10-K |
| Dec 2021 | 131.8 m USD | -180.1 m USD | -3.01 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.