Insider Activity at Alnylam Pharmaceuticals: What the Latest Deal Reveals

Current Transaction and Market Context On January 11, 2026, EVP of Research and Development Garg Pushkal executed a “buy” transaction that added 3,800 shares to his holding at an undisclosed price, shortly after the stock closed at $366.86. The trade coincided with a sharp uptick in social‑media buzz—an intensity of 830 %—and a nearly neutral price movement (‑0.01 %). While the price paid was not disclosed, the timing suggests Pushkal was comfortable with the stock’s valuation and the broader optimism surrounding Alnylam’s pipeline, especially given the company’s recent analyst upgrades and the CEO’s emphasis on milestones and profitability targets.

Implications for Investors Pushkal’s purchase, coupled with the broader wave of insider activity—including 23 shares bought by CEO Yvonne Greenstreet and 23 by CFO Jeffrey Poulton—signals confidence from the top leadership. Insider buying in a biotech firm with a high‑growth trajectory can be a bullish signal, as it implies executives believe the stock is undervalued or will rebound as clinical milestones materialize. The recent spike in social‑media sentiment (+96) and the high buzz indicate that the market is already primed for positive news, potentially amplifying the impact of future press releases. However, the high price‑earnings ratio of 690 and the stock’s recent 13 % weekly decline caution against over‑valuation concerns.

What This Means for Alnylam’s Future Alnylam’s focus on its TTR franchise and expanding pipeline is gaining traction, with analyst upgrades pointing to a target in the high‑four‑hundred range. Pushkal’s new shares suggest that the R&D leadership believes the company is on track to deliver the next set of clinical successes, which could justify a higher valuation. For investors, the combination of insider buying, analyst optimism, and a strong pipeline offers a compelling case for holding or adding positions, provided they remain wary of the high PE ratio and the volatility typical of biotech stocks.

Profile of Garg Pushkal: A Consistent Insider Pushkal’s trading history shows a pattern of disciplined buying and selling that aligns with major corporate events. In October 2025, he sold a total of roughly 4,500 shares at prices ranging from $447 to $458, a period that coincided with the company’s announcement of a new drug candidate’s Phase I results. Earlier that month, he purchased 3,108 shares at no cost, reflecting his participation in the company’s 401(k) matching plan. His most recent sale in early October 2025 (3,000 shares) brought his holdings down to 26,180, while the current purchase brings him back to 24,021 shares. This ebb‑and‑flow pattern indicates that Pushkal is leveraging insider information to time his trades around milestone announcements, a practice common among biotech insiders.

Conclusion The latest insider purchase by Pushkal is a piece of a larger mosaic of executive activity that, when viewed together, paints a cautiously optimistic picture of Alnylam’s trajectory. Investors should monitor upcoming clinical data releases and regulatory decisions, as these will likely drive the next wave of price movement. In the meantime, the combined signals of insider confidence and analyst support provide a compelling narrative for long‑term investors willing to navigate the inherent volatility of the biotech sector.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-01-11Garg Pushkal (EVP Chief R&D)Buy3,800.000.00Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell39.00353.95Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell42.00355.16Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell41.00356.09Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell96.00357.17Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell123.00358.18Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell85.00359.14Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell155.00360.22Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell98.00361.45Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell73.00362.38Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell47.00363.55Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell199.00364.83Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell220.00365.56Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell50.00366.41Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell41.00367.40Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell92.00368.62Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell40.00369.48Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell18.00370.87Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell3.00372.46Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell14.00374.44Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell19.00375.65Common Stock
2026-01-12Garg Pushkal (EVP Chief R&D)Sell15.00377.82Common Stock
N/AGarg Pushkal (EVP Chief R&D)Holding431.00N/ACommon Stock
N/AGarg Pushkal (EVP Chief R&D)Holding250.00N/ACommon Stock
2026-01-11Greenstreet Yvonne (Chief Executive Officer)Buy19,003.000.00Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell247.00353.95Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell269.00355.16Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell263.00356.09Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell607.00357.17Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell778.00358.18Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell537.00359.14Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell980.00360.22Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell624.00361.45Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell464.00362.38Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell301.00363.55Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell1,259.00364.83Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell1,395.00365.56Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell316.00366.41Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell261.00367.40Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell584.00368.62Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell253.00369.48Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell118.00370.87Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell21.00372.46Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell88.00374.44Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell118.00375.65Common Stock
2026-01-12Greenstreet Yvonne (Chief Executive Officer)Sell94.00377.82Common Stock
N/AGreenstreet Yvonne (Chief Executive Officer)Holding407.00N/ACommon Stock
2026-01-11Poulton Jeffrey V. (EVP, Chief Financial Officer)Buy6,193.000.00Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell72.00353.95Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell78.00355.16Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell76.00356.09Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell176.00357.17Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell226.00358.18Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell156.00359.14Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell284.00360.22Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell181.00361.45Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell135.00362.38Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell87.00363.55Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell365.00364.83Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell405.00365.56Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell92.00366.41Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell76.00367.40Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell170.00368.62Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell73.00369.48Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell36.00370.87Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell6.00372.46Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell25.00374.44Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell34.00375.65Common Stock
2026-01-12Poulton Jeffrey V. (EVP, Chief Financial Officer)Sell27.00377.82Common Stock
N/APoulton Jeffrey V. (EVP, Chief Financial Officer)Holding57.00N/ACommon Stock
2026-01-11Tanguler Tolga (EVP, Chief Commercial Officer)Buy3,800.000.00Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell39.00353.95Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell42.00355.16Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell41.00356.09Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell96.00357.17Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell123.00358.18Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell85.00359.14Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell155.00360.22Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell98.00361.45Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell73.00362.38Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell47.00363.55Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell199.00364.83Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell220.00365.56Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell50.00366.41Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell41.00367.40Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell92.00368.62Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell40.00369.48Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell19.00370.87Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell2.00372.46Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell14.00374.44Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell19.00375.65Common Stock
2026-01-12Tanguler Tolga (EVP, Chief Commercial Officer)Sell15.00377.82Common Stock
2026-01-11Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Buy3,800.000.00Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell39.00353.95Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell42.00355.16Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell41.00356.09Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell96.00357.17Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell123.00358.18Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell85.00359.14Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell155.00360.22Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell98.00361.45Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell73.00362.38Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell47.00363.55Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell199.00364.83Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell220.00365.56Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell50.00366.41Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell41.00367.40Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell92.00368.62Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell40.00369.48Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell19.00370.87Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell2.00372.46Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell14.00374.44Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell19.00375.65Common Stock
2026-01-12Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell15.00377.82Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell197.00367.52Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell562.00368.76Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell644.00370.00Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell485.00371.24Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell280.00372.93Common Stock
2026-01-13Fitzgerald Kevin Joseph (CSO & EVP, Head of Research)Sell122.00374.33Common Stock
N/AFitzgerald Kevin Joseph (CSO & EVP, Head of Research)Holding537.00N/ACommon Stock