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COGT - Cogent Biosciences, Inc.

Insider Sale by Fairmount Funds Management LLC (Dir)

1 Month
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Trade Summary

5 days ago, Fairmount Funds Management LLC, serving as Dir at Cogent Biosciences, Inc. (COGT), sold 7,000,000 shares at $34.66 per share, for a total transaction value of $242,620,000.00. Following this transaction, Fairmount Funds Management LLC now holds 5,503,418 shares of COGT.

This sale represents a 56.00% decrease in Fairmount Funds Management LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, March 31, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, March 31, 2026, meaning the disclosure happened on the same day as the trade.

Cogent Biosciences, Inc. operates in the HEALTHCARE sector, specifically within the BIOTECHNOLOGY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Fairmount Funds Management LLC

Dir

Fairmount Funds Management LLC is a Philadelphia-based registered investment adviser specializing in biotechnology and life sciences, with a focus on promising new therapies, differentiated therapeutics, and companies with robust research and experienced management.[[1]](https://rocketreach.co/fairmount-funds-management-llc-profile_b43dbb07c19c9c58)[[2]](https://www.zoominfo.com/c/fairmount-funds-management-llc/398223033)[[3]](https://fairmountfunds.com) Headquartered in Conshohocken, Pennsylvania (with some sources listing Philadelphia addresses), the firm manages over $1 billion in assets under management (AUM), reported as high as $2.5B+ in some profiles and $1.11B in recent SEC 13F filings as of Q3 2025, employing around 21-26 staff and generating approximately $3 million in annual revenue.[[1]](https://rocketreach.co/fairmount-funds-management-llc-profile_b43dbb07c19c9c58)[[4]](https://whalewisdom.com/filer/fairmount-funds-management-llc)[[5]](https://fintel.io/i/fairmount-funds-management-llc) Fairmount Funds invests in innovative biotech firms, as evidenced by its top holdings including Apogee Therapeutics (11.53%), Axsome Therapeutics (11.02%), and Enliven Therapeutics (9.65%), alongside recent activity such as adding to its position in Crescent Biopharma, Inc. (CBIO) (2.9% portfolio change, holding 16.50 million shares valued at $1.48M as of Q3 2025).[[4]](https://whalewisdom.com/filer/fairmount-funds-management-llc)[[5]](https://fintel.io/i/fairmount-funds-management-llc) As a hedge fund with 3 clients, it files as a corporate insider (e.g., Dir, 10% ownership in CBIO), supporting groundbreaking healthcare technologies through tailored investment strategies.[[1]](https://rocketreach.co/fairmount-funds-management-llc-profile_b43dbb07c19c9c58)[[2]](https://www.zoominfo.com/c/fairmount-funds-management-llc/398223033)[[4]](https://whalewisdom.com/filer/fairmount-funds-management-llc)

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Trade Price

$34.66

Quantity

7,000,000

Total Value

$242,620,000.00

Shares Owned

5,503,418

Trade Date

Tuesday, March 31, 2026

5 days ago

SEC Filing Date

Tuesday, March 31, 2026

HEALTHCAREBIOTECHNOLOGY

About Cogent Biosciences, Inc.

Company Overview

No company information available
View news mentioning COGT

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