Scott Morrison Sells Shares of TARS

Scott Morrison sold 2,954 shares of TARS on June 12, 2026.

Written by EarningsIQ · Published Jun 16, 2026, 5:03 PM EDT

Key Points

Scott Morrison sold 2,954 shares of TARS on June 12, 2026, with the stock priced at $61.85.
Shares of TARS were trading near $61.85, with institutional investors such as Deep Track Capital and BlackRock adjusting their positions recently.
Analysts from firms like HC Wainwright & Co. and Oppenheimer maintain a 'buy' rating, with price targets ranging from $88 to $105.

Scott Morrison sold 2,954 shares of TARS on June 12, 2026. The transaction was not part of a pre-planned trading program, and the stock was trading at $61.85 at the time of the sale.

Other Institutional Activity in TARS

Several institutional investors have recently adjusted their holdings in TARS. Deep Track Capital, LP increased its stake by 595,966 shares, bringing its total to 3.6 million shares, valued at approximately $252.54 million. BlackRock, Inc. reduced its holdings by 237,945 shares, ending with 3,552,612 shares worth about $249.22 million. Meanwhile, RTW Investments, LP added 10,705 shares, for a total of 3,346,025 shares valued at $234.72 million. Paradigm Biocapital Advisors LP maintained its position with 2,562,154 shares, valued at $179.74 million. Janus Henderson Group PLC increased its stake by 310,638 shares to 2,240,963 shares, valued at $157.22 million, while Morgan Stanley trimmed its holdings by 96,470 shares, leaving it with 1,944,272 shares worth $136.39 million.

TARS Stock Snapshot

Shares of TARS were trading near $61.85. The stock has seen various institutional investors adjusting their positions, reflecting active interest and investment strategies in the company.

Insider Buying and Selling at TARS

On the same day as Morrison's sale, several other insiders at TARS also engaged in transactions. Chaudhuri Bhaskar, Wendy Yarno, William Link, and Andrew Goldberg each sold 2,954 shares, while Wendy Yarno and William Link also bought the same amount. These transactions were not part of any pre-planned trading programs.

Analysts Set New Price Targets

Analysts have shown positive sentiment towards TARS. On May 4, 2026, HC Wainwright & Co. reiterated a 'buy' rating with a price target of $88. Earlier, Oppenheimer maintained its 'buy' rating with a target of $105 on February 25, 2026. Guggenheim also maintained its 'buy' rating with a $90 target. Barclays initiated coverage with a 'buy' rating and a $100 target on December 9, 2025.

Bottom Line

Scott Morrison's sale of TARS shares is part of a broader pattern of insider and institutional trading activity. Investors watch these moves closely as part of their investment strategies. Despite the insider sales, analysts maintain a positive outlook on the stock, with multiple 'buy' ratings and high price targets. As always, it's important to remember that these filings are backward-looking and may not reflect the current position of the investors.