$APGE

Apogee Therapeutics, Inc.

AlphAI earnings readSecond Quarter 2026 · AUG 10Apogee Reports Second Quarter 2026 Financial Results and Recent Corporate and Pipeline UpdatesVerdict: mixed

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No enriched coverage for $APGE in the last 7 days.

$236.6M
Fairmount Funds Management LLC
0%
See all $APGE insider activity →
High

Is AbbVie (ABBV)’s $10.9 Billion Apogee Therapeutics (APGE) Deal the Next Catalyst for Growth?

AbbVie (ABBV) completed its $10.9B acquisition of Apogee Therapeutics (APGE) at $135.11 per share. AbbVie also reported positive Phase 3 trial results for etentamig. Q2 2026 revenue for AbbVie rose 10.2% to $16.99B, with adjusted EPS up 22.9% to $3.65. Apogee reported a net loss of $85.9M in Q2 2026. Hedge funds increased stakes in both companies ahead of the deal.

Fairmount Funds Management LLC Exits Apogee Therapeutics Inc (AP

Fairmount Funds Management sold its entire 298,647-share stake in Apogee Therapeutics (APGE) at $135.09 per share, reducing its portfolio value by 2.62%. Apogee's stock has surged 541.66% since its 2023 IPO and 78.24% year-to-date, despite being unprofitable. The company focuses on inflammatory and immunology therapies.

Apogee Therapeutics (NASDAQ: APGE) leaves Nasdaq in AbbVie cash buyout

Apogee Therapeutics (APGE) is being acquired by AbbVie (ABBV) in a $135.11-per-share cash deal. The merger closed on September 3, 2026, with Apogee's stock ceasing to trade on Nasdaq the following day. Shareholders received $135.11 per share, and Apogee became a wholly owned subsidiary of AbbVie.

APGE sentiment & insider activity

Recent APGE coverage spans insider activity, mergers & acquisitions and financial news.

In the last 30 days, APGE insiders filed 11 SEC Form 4 transactions — no purchases and 11 sales ($236.6M). The most active reporter was Fairmount Funds Management LLC with 3 filings.

What's driving APGE

AlphAI scores every news story that mentions APGE with an AI model for sentiment and relevance, and aggregates insider trades from Apogee Therapeutics, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $APGE

Score
$ABBVHighAI 9/10

Is AbbVie (ABBV)’s $10.9 Billion Apogee Therapeutics (APGE) Deal the Next Catalyst for Growth?

AbbVie (ABBV) completed its $10.9B acquisition of Apogee Therapeutics (APGE) at $135.11 per share. AbbVie also reported positive Phase 3 trial results for etentamig. Q2 2026 revenue for AbbVie rose 10.2% to $16.99B, with adjusted EPS up 22.9% to $3.65. Apogee reported a net loss of $85.9M in Q2 2026. Hedge funds increased stakes in both companies ahead of the deal.