Ceribell Inc. chief revenue officer Joseph S. Manni sold 1,361 common shares on August 21, 2026 for a total of $32,691 at $24.02 per share, according to regulatory filings.
The disposal was executed to satisfy tax withholding obligations arising from the vesting of restricted stock units, the company said. Manni retains a direct holding of 55,956 shares, which includes 1,026 shares acquired through Ceribell’s Employee Stock Purchase Plan on July 31, 2026.
Ceribell’s stock was trading near its 52-week high of $25.33 at the time of the sale, reflecting a 109% total return over the past 12 months. The company reported gross margins of 88.9% in its most recent quarter.
Ceribell posted second-quarter revenue of $28.1 million, a 33% increase from the prior year and an acceleration from the 29% growth recorded in the first quarter. The company reported a net loss of $0.51 per share, wider than the analyst consensus estimate of a $0.36 loss. It added 32 new accounts during the period, below the estimated 36.
Analysts at Canaccord raised their price target on Ceribell to $26 from $25 while maintaining a buy rating. BTIG lifted its target to $30 from $28, also keeping a buy rating on the shares.
