Habib Dable Purchases Shares in PepGen Inc.
Habib Dable acquired 34,000 shares of PepGen Inc. on June 18, 2026.
Key Points
- Habib Dable bought 34,000 shares of PepGen Inc. on June 18, 2026, as part of an insider transaction.
- PepGen Inc. (PEPG) traded at $1.79 on Tuesday with a market cap of $126.6 million and no meaningful P/E due to lack of profitability.
- Analysts like Craig-Hallum and Oppenheimer maintain a 'buy' rating on PepGen, with price targets ranging from $4 to $20.
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Habib Dable, an insider at PepGen Inc., purchased 34,000 shares of the company's stock on June 18, 2026. This transaction was not part of a pre-planned trading program, indicating a direct investment decision by Dable.
Insider Buying and Selling at PepGen Inc.
On June 18, 2026, multiple insiders, including Habib Dable, acquired 34,000 shares each of PepGen Inc. This series of transactions was not conducted under a Rule 10b5-1 plan, suggesting these insiders see potential value in the company's future performance.
Other Institutional Activity in PepGen Inc.
Institutional investors have also been active with PepGen Inc. Commodore Capital LP increased its stake by 1,075,000 shares, bringing its total to 4,475,000 shares valued at approximately $7.92 million, a 31.6% increase. Laurion Capital Management LP added 698,722 shares to hold 2,750,855 shares, a 34% increase, worth about $4.87 million. Millennium Management LLC made a significant move, increasing its position by 1,881,200 shares, now holding 2,079,143 shares, reflecting a 950.4% increase, valued at $3.68 million.
PepGen Inc. Stock Down 40.6%
Shares of PepGen Inc. (NasdaqGS: PEPG) traded near $1.79 on Tuesday. The company has a market cap of approximately $126.6 million. Despite its forward P/E ratio being negative due to current unprofitability, PepGen's beta of 1.927 suggests higher volatility compared to the broader market. The stock's 52-week range is between $1.01 and $7.80, with a 50-day moving average of $1.60 and a 200-day moving average of $4.05.
$PEPG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts have shown interest in PepGen Inc., with Craig-Hallum initiating coverage with a 'buy' rating and an $11 price target on June 16, 2026. Oppenheimer also initiated coverage earlier this year with a 'buy' rating and a $15 price target on February 25, 2026. Overall, the consensus among eight analysts is a 'strong buy', with a mean price target of $10.25.
About PepGen Inc.
PepGen Inc. is a biotechnology company based in Boston, Massachusetts, focused on developing treatments for severe neuromuscular and neurological diseases. Founded in 2018, the company is advancing its clinical-stage therapeutics, including PGN-EDODM1 and FREEDOM2-DM1, both in Phase 2 trials for myotonic dystrophy type 1. With a workforce of 59 employees, PepGen is led by CEO Dr. James G. McArthur.
Bottom Line
Habib Dable's recent purchase of PepGen Inc. shares reflects insider confidence in the company's future. While the firm is currently unprofitable, its ongoing clinical trials and institutional interest suggest potential growth. Investors often track such insider activities as part of their broader investment strategy, although it's crucial to remember that these filings are backward-looking and may not represent current positions.
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