Phreesia President David Linetsky Sells 17,445 Shares at $29.73 on 8/22/2025.

Phreesia, Inc. (PHR) has announced that President of Network Solutions, David Linetsky, has sold 17,445 shares at a price of $29.73 per share on August 22, 2023.

Phreesia Inc. (PHR) has recently experienced a significant shift in its executive shareholding as President of Network Solutions, David Linetsky, sold 17,445 shares of the company's common stock on August 22, 2023. The sale, conducted under a Rule 10b5-1 trading plan adopted on January 15, 2025, saw Linetsky's shares traded at an average price of $29.7324 per share, with prices ranging from $29.64 to $29.94 [1].

Following the transaction, Linetsky's direct ownership of Phreesia shares stands at 174,002, while he indirectly owns 9,717 shares through his spouse. The total value of the shares sold amounts to $518,681. This sale aligns with the company's ongoing efforts to manage executive compensation and align interests with shareholders.

The transaction comes amidst a period of notable activity in Phreesia's stock. In September 2023, Macquarie Group Ltd. purchased 94,639 shares, and several insider sales were reported, including Evan Roberts selling 3,907 shares and Principal Accounting Officer Janet Gunzburg selling 934 shares [2]. The stock price has experienced fluctuations, with a 4.8% dip following an analyst downgrade in September [2].

Despite these fluctuations, analysts have maintained varied recommendations for the stock. Piper Sandler, for instance, maintains an overweight recommendation while lowering the price target to $40.00 [2]. Raymond James, on the other hand, maintains an outperform recommendation [2].

Phreesia's recent acquisitions, including MediFind and Access eForms, have expanded its offerings and reinforced its commitment to patient-centered care. These strategic moves are aimed at driving efficiency and enhancing the overall patient experience.

In conclusion, David Linetsky's share sale under the trading plan is a significant event for Phreesia Inc., reflecting ongoing executive compensation management and aligning with the company's strategic initiatives. Investors should closely monitor the stock's performance and analyst recommendations to gauge potential future movements.

References:
[1] https://www.tradingview.com/news/tradingview:4273a3eea8683:0-phreesia-executive-sells-shares-under-trading-plan/
[2] https://www.marketbeat.com/stocks/NYSE/PHR/news/