Journey Medical (DERM) Insider Cooper Buys 10,000 Shares

A wave of insider buying hit the dermatology drug maker on June 25, 2026, as multiple individuals acquired stakes in the company.

Reviewed by automated data checks against the source filing. How we make and check alerts

Pearce Michael Cooper bought 10,000 shares of Journey Medical Corporation ($DERM) on June 25, 2026. The trade was reported to the SEC in a Form 4 filing.

Since the trade, $DERM is up 14.0% after 1 week, up 2.4% after 1 month and down 20.3% to date (from the $6.22 close on Jun 25, 2026).

Find the original: DERM Form 4 filings on SEC EDGAR

DERM Journey Medical Corporation
$4.96 -33.42% year to date
Daily close · Oct 16, 2026

Key Points

  • Pearce Michael Cooper purchased 10,000 shares of Journey Medical Corporation on June 25, 2026, as part of a group of insiders all buying identical amounts.
  • The stock is currently trading at $6.62, positioned between its 52-week low of $4.31 and its high of $9.56.
  • B. Riley Securities recently reiterated a Buy rating for the company with a $15.00 price target, suggesting significant potential upside from current levels.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Journey Medical Corporation alert may contain errors. Disclosures

Pearce Michael Cooper purchased 10,000 shares of Journey Medical Corporation (DERM) on June 25, 2026. This acquisition was part of a coordinated series of purchases by the company's leadership team, all occurring on the same day and involving the same number of shares.

Broad Insider Activity at Journey Medical

The purchase by Pearce Michael Cooper was not an isolated event. On June 25, 2026, five other insiders also stepped in to buy 10,000 shares each. This group included Toledano Miranda Jayne, Rosenwald Lindsay Md, Smith Justin Adam, and Neil Herskowitz, who actually made two separate purchases of 10,000 shares. None of these transactions were part of a Rule 10b5-1 plan, which is a tool insiders use to set up trades ahead of time to avoid any appearance of using private information. Instead, these appear to be direct market decisions made by the group on the same business day.

Journey Medical Stock Performance

On Saturday, the stock was priced at $6.62. This puts the shares slightly under the 50-day moving average of $7.03 and the 200-day moving average of $6.92. Moving averages help investors see the price trend over time, and trading just below these levels can sometimes indicate a period of consolidation. The stock has seen a wide range over the last year, moving from a low of $4.31 to a high of $9.56. With a beta of 1.10, the stock tends to move slightly more than the overall market.

Recent Earnings and Financial Growth

In its most recent financial reports, Journey Medical showed revenue of $68.18 million. This reflects a growth rate of 23.3%, showing that the company is successfully expanding its sales. However, the company is not yet profitable, reporting a negative return on equity of 23.7% and a net margin of -8.95%. Because it hasn't reached profitability, the company does not have a traditional P/E ratio. The next big update for investors will come when the company reports its next set of earnings on November 11, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

D+ 46/100

Reported May 13, 2026

  1. Forward outlook

    Analyst view held steady after the report.

  2. EPS & revenue

    EPS missed estimates by 1.1%. Revenue missed estimates by 1.9%.

  3. Profit surprise

    EBITDA missed sharply. Operating income missed by 63 percent.

  4. Pre-earnings setup

    Bar was high, analysts already very bullish.

  5. Analyst signal
  6. Earnings quality

    Gross margin down 1.5 points. Operating margin up 16.0 points. Positive free cash flow.

Earnings Call Summary

Journey Medical delivered $16 million in total revenue, up 21 percent from last year, driven mainly by Emrosi which hit $6.3 million and 30,000 prescriptions. The company achieved positive adjusted EBITDA of $600,000 and ended with $27.2 million in cash. Management highlighted that Emrosi is gaining momentum with 3,700 unique prescribers, better refill ratios at 1.4 to 1, and just secured agreements with all three major group purchasing organizations covering 169 million commercial lives.

Guidance Management said they will offer detailed guidance later this year but expect the company to deliver positive adjusted EBITDA and positive EBITDA for the rest of 2026 and beyond. They expect Emrosi revenue to continue growing as payer coverage expands and prescription volumes increase.

Negative report. Results or guidance disappointed and expectations are likely to move lower.

Analysts Set New Price Targets

Wall Street remains optimistic about the company's future. On August 13, 2026, B. Riley Securities reiterated its Buy rating on the stock and set a price target of $15.00. Across the four analysts who cover the stock, the consensus is a Strong Buy. Their average price target is $13.75, which is more than double where the stock is currently trading. These targets are based on the analysts' expectations for the company's drug pipeline and sales growth over the coming year.

About Journey Medical Corporation

Journey Medical is a pharmaceutical company based in Scottsdale, Arizona, that focuses on skin health. It sells several treatments for common conditions like severe acne, rosacea, and fungal infections. Its products include Qbrexza for excessive sweating and Accutane for acne. By specializing in dermatology, the company aims to build a dominant position in a specific niche of the healthcare market. The recent insider buying suggests that the people running the company see value in its current pharmaceutical portfolio.

What's Ahead for Journey Medical Corporation

Investors will likely watch to see if this cluster of insider buying continues or if the company can turn its double-digit revenue growth into positive earnings. The large gap between the current stock price and analyst price targets will also be a point of focus as the November earnings date approaches. As with all insider transaction reports, these trades were disclosed after they occurred and may not reflect the insiders' current outlook on the company.

Source: Pearce Michael Cooper's Form 4 filing on $DERM (Jun 25, 2026). Find the original filing: DERM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts

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