Mineralys Therapeutics has added Kristine Peterson and Lonnel Coats to its board of directors, the biopharmaceutical company announced on October 19, 2026. The Radnor, Pennsylvania-based company is preparing for the potential approval and commercial launch of lorundrostat, a treatment for uncontrolled or resistant hypertension. Peterson was most recently chief executive officer of Valeritas. She also spent 20 years at Bristol-Myers Squibb and held senior roles at Johnson & Johnson and Biovail. Coats was most recently chief executive officer of Lexicon Pharmaceuticals. He previously led Eisai's North American business and spent eight years at Janssen Pharmaceuticals. Chief executive officer Jon Congleton said their commercial experience will help as Mineralys becomes a commercial-stage company.

Insider selling: Mineralys Therapeutics (NASDAQ:MLYS) director sells $85,740.00 in stock. September 17, 2026 Key points. * Director sale: Daphne Karydas sold 3,000 Mineralys Therapeutics shares for approximately $85,740 under a pre-arranged Rule 10b5-1 plan, reducing her direct ownership by 32.61% to 6,200 shares. * Stock and financial performance: MLYS recently traded at $27.98, with a $2.47 billion market capitalization. The company reported a quarterly loss of $2.85 per share, significantly missing the $0.55 consensus estimate. * Analyst outlook: Despite mixed ratings, including hold and sell calls, the stock has a consensus "Moderate Buy" rating and an average price target of $48.80; institutional investors own 84.46% of the shares. * MarketBeat previews the top five stocks to own by October 1st. Mineralys Therapeutics, Inc. (NASDAQ:MLYS - Get Free Report) Director Daphne Karydas sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $28.58, for a total value of $85,740.00. Following the completion of the transaction, the director directly owned 6,200 shares in the company, valued at approximately $177,196. This represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Mineralys Therapeutics price performance. Shares of NASDAQ:MLYS traded up $0.44 during mid-day trading on Thursday, reaching $27.98. The stock had a trading volume of 1,141,567 shares, compared to its average volume of 1,267,498. The business's 50 day moving average price is $27.15 and its 200 day moving average price is $27.12. Mineralys Therapeutics, Inc. has a 1 year low of $22.30 and a 1 year high of $47.65. The company has a market cap of $2.47 billion, a P/E ratio of -6.60 and a beta of 0.68. The company has a current ratio of 34.46, a quick ratio of 34.46 and a debt-to-equity ratio of 0.18. Mineralys Therapeutics (NASDAQ:MLYS - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($2.85) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.55) by ($2.30). Research analysts expect that Mineralys Therapeutics, Inc. will post -4.45 EPS for the current fiscal year. Hedge funds weigh in on Mineralys Therapeutics. A number of large investors have recently made changes to their positions in the company. Timothy G. Youngquist 2020 Irrevocable Trust bought a new stake in Mineralys Therapeutics in the second quarter worth about $2,721,000. TimesSquare Capital Management LLC purchased a new position in Mineralys Therapeutics during the 2nd quarter valued at $6,363,000. Bank of America Corp DE grew its position in Mineralys Therapeutics by 11.5% in the 1st quarter. Bank of America Corp DE now owns 1,100,372 shares of the company's stock valued at $29,809,000 after acquiring an additional 113,092 shares during the last quarter. Man Group plc purchased a new stake in Mineralys Therapeutics in the second quarter worth $1,609,000. Finally, Artia Global Partners LP increased its stake in Mineralys Therapeutics by 143.5% in the fourth quarter. Artia Global Partners LP now owns 137,800 shares of the company's stock worth $5,001,000 after purchasing an additional 81,200 shares during the period. 84.46% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst weigh in. MLYS has been the subject of several research reports. Jefferies Financial Group reissued a "hold" rating on shares of Mineralys Therapeutics in a research note on Monday, June 1st. Weiss Ratings restated a "sell (d-)" rating on shares of Mineralys Therapeutics in a research report on Friday, July 17th. Wall Street Zen downgraded shares of Mineralys Therapeutics from a "sell" rating to a "strong sell" rating in a report on Saturday, August 15th. Zacks Research upgraded Mineralys Therapeutics from a "strong sell" rating to a "hold" rating in a research report on Friday, September 11th. Finally, HC Wainwright restated a "buy" rating on shares of Mineralys Therapeutics in a research report on Monday, June 1st. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Mineralys Therapeutics has a consensus rating of "Moderate Buy" and an average target price of $48.80. Discover more Financial News Self-Help & Motivational Mineralys Therapeutics company profile. Mineralys Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on developing therapies for cardiovascular and kidney-related diseases. The company's research is centered on conditions associated with excess aldosterone activity, including uncontrolled and resistant hypertension. Mineralys' lead investigational product is lorundrostat, also known as MLS-101, an oral, highly selective aldosterone synthase inhibitor. The company is evaluating lorundrostat in clinical studies as a potential treatment for patients whose blood pressure remains inadequately controlled despite existing therapy. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Mineralys Therapeutics, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mineralys Therapeutics wasn't on the list. While Mineralys Therapeutics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Enter your email address and we'll send you MarketBeat's list of ten stocks set to soar in Fall 2026, despite the economic uncertainty rattling markets right now. These ten stocks are incredibly resilient and are likely to thrive in any economic environment. Continue following MarketBeat