A number of firms have modified their ratings and price targets on shares of Castle Biosciences (NASDAQ: CSTL) recently:
- 5/13/2026 – Castle Biosciences had its price target lowered by BTIG Research from $50.00 to $40.00. They now have a “buy” rating on the stock.
- 5/9/2026 – Castle Biosciences was downgraded by Wall Street Zen from “hold” to “sell”.
- 5/7/2026 – Castle Biosciences was downgraded by Weiss Ratings from “sell (d)” to “sell (d-)”.
- 5/7/2026 – Castle Biosciences had its price target lowered by Robert W. Baird from $44.00 to $43.00. They now have an “outperform” rating on the stock.
- 4/27/2026 – Castle Biosciences was upgraded by Zacks Research from “hold” to “strong-buy”.
- 4/20/2026 – Castle Biosciences had its price target lowered by Canaccord Genuity Group Inc. from $50.00 to $40.00. They now have a “buy” rating on the stock.
Insider Activity at Castle Biosciences
In related news, Director G Bradley Cole sold 7,403 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $28.47, for a total transaction of $210,763.41. Following the sale, the director owned 19,309 shares of the company’s stock, valued at approximately $549,727.23. The trade was a 27.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Derek J. Maetzold sold 3,622 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $22.15, for a total transaction of $80,227.30. Following the sale, the insider directly owned 2,224 shares in the company, valued at approximately $49,261.60. This represents a 61.96% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 84,411 shares of company stock worth $2,166,211 in the last ninety days. Corporate insiders own 6.10% of the company’s stock.
The company’s flagship test, DecisionDx-Melanoma, evaluates the probability of metastasis in patients diagnosed with cutaneous melanoma, supporting more personalized surveillance and therapeutic approaches.
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