Last updated: 20 June 2024 at 4:45pm EST

Patrick Machado Net Worth




The estimated Net Worth of Patrick Machado is at least $7.36 Million dollars as of 24 March 2021. Mr. Machado owns over 10,000 units of Turning Point Therapeutics Inc stock worth over $6,702,714 and over the last 10 years he sold TPTX stock worth over $0. In addition, he makes $652,650 as Independent Director at Turning Point Therapeutics Inc.

Mr. Machado TPTX stock SEC Form 4 insiders trading

Patrick has made over 22 trades of the Turning Point Therapeutics Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of TPTX stock worth $99,200 on 24 March 2021.

The largest trade he's ever made was buying 14,285,714 units of Turning Point Therapeutics Inc stock on 5 June 2018 worth over $25,000,000. On average, Patrick trades about 876,461 units every 25 days since 2014. As of 24 March 2021 he still owns at least 88,182 units of Turning Point Therapeutics Inc stock.

You can see the complete history of Mr. Machado stock trades at the bottom of the page.





Patrick Machado biography

Patrick Machado J.D. serves as Independent Director of the Company. Mr. Machado was a co-founder of Medivation, Inc., a biopharmaceutical company, and served as its chief business officer from 2009 to 2014 and as its chief financial officer from 2004 until his retirement in 2014. From 1998 to 2001, Mr. Machado worked with ProDuct Health, Inc., a medical device company, as senior vice president, chief financial officer and earlier as general counsel. Upon ProDuct Health’s acquisition by Cytyc Corporation, a diagnostic and medical device company, he served as a consultant to Cytyc to assist with transitional matters from 2001 to 2002. Earlier in his career, Mr. Machado worked for Morrison & Foerster LLP, an international law firm, and for the Massachusetts Supreme Judicial Court. Mr. Machado also serves as Chair of the Board of Directors of Adverum Biotechnologies, Inc. and as a member of the Board of Directors of Arcus Biosciences, Inc., Chimerix, Inc. and Principia Biopharma Inc., and previously served on the Board of Directors of Endocyte, Inc., Inotek Pharmaceuticals Corporation (now Rocket Pharmaceuticals, Inc.), Axovant Sciences, Inc., SCYNEXIS, Inc. and Medivation, Inc. Mr. Machado received a B.A. in German and a B.S. in Economics from Santa Clara University and a J.D. from Harvard Law School.

What is the salary of Patrick Machado?

As the Independent Director of Turning Point Therapeutics Inc, the total compensation of Patrick Machado at Turning Point Therapeutics Inc is $652,650. There are 7 executives at Turning Point Therapeutics Inc getting paid more, with Yi Larson having the highest compensation of $12,579,400.



How old is Patrick Machado?

Patrick Machado is 56, he's been the Independent Director of Turning Point Therapeutics Inc since 2019. There are 4 older and 15 younger executives at Turning Point Therapeutics Inc. The oldest executive at Turning Point Therapeutics Inc is Garry Nicholson, 65, who is the Independent Director.

What's Patrick Machado's mailing address?

Patrick's mailing address filed with the SEC is C/O ADVERUM BIOTECHNOLOGIES, INC., 100 CARDINAL WAY, REDWOOD CITY, CA, 94063.

Insiders trading at Turning Point Therapeutics Inc

Over the last 6 years, insiders at Turning Point Therapeutics Inc have traded over $45,947,838 worth of Turning Point Therapeutics Inc stock and bought 2,385,408 units worth $60,168,920 . The most active insiders traders include Plc Gsk, Patrick Machado, and Advisors Llc Orbi Med Capit.... On average, Turning Point Therapeutics Inc executives and independent directors trade stock every 21 days with the average trade being worth of $4,727,594. The most recent stock trade was executed by Paolo Tombesi on 27 July 2022, trading 1,183 units of TPTX stock currently worth $88,654.



What does Turning Point Therapeutics Inc do?

Turning Point Therapeutics is a clinical-stage precision oncology company with a pipeline of internally discovered investigational drugs designed to address key limitations of existing cancer therapies. The company's lead drug candidate, repotrectinib, is a next-generation kinase inhibitor targeting the ROS1 and TRK oncogenic drivers of non-small cell lung cancer and advanced solid tumors. Repotrectinib, which is being studied in a registrational Phase 2 study in adults and a Phase 1/2 study in pediatric patients, has shown antitumor activity and durable responses among kinase inhibitor treatment-naïve and pre-treated patients. The company's pipeline of drug candidates also includes TPX-0022, targeting MET, CSF1R and SRC, which is being studied in a Phase 1 trial of patients with advanced or metastatic solid tumors harboring genetic alterations in MET; TPX-0046, targeting RET, which is being studied in a Phase 1/2 trial of patients with advanced or metastatic solid tumors harboring genetic alterations in RET; and TPX-0131, a next-generation ALK inhibitor currently pending IND submission. Turning Point's next-generation kinase inhibitors are designed to bind to their targets with greater precision and affinity than existing therapies, with a novel, compact structure that has demonstrated an ability to potentially overcome treatment resistance common with other kinase inhibitors. The company is driven to develop therapies that mark a turning point for patients in their cancer treatment.



What does Turning Point Therapeutics Inc's logo look like?

Turning Point Therapeutics Inc logo

Complete history of Mr. Machado stock trades at Adverum Biotechnologies Inc, Arbutus Biopharma Corp, Chimerix Inc, Scynexis Inc, Xenon Pharmaceuticals Inc, Myovant Sciences Ltd, Arcus Biosciences Inc, Urovant Sciences Ltd, Turning Point Therapeutics Inc, and Principia Biopharma

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
24 Mar 2021 Patrick Machado
Buy 10,000 $9.92 $99,200
24 Mar 2021
88,182
15 Jan 2021 Patrick Machado
Buy 10,000 $11.52 $115,200
15 Jan 2021
78,182
17 Jun 2019 Patrick Machado
Buy 18,204 $8.32 $151,457
17 Jun 2019
22,860,013
12 Jun 2019 Patrick Machado
Buy 22,011 $8.06 $177,409
12 Jun 2019
22,841,809
7 Jun 2019 Patrick Machado
Buy 21,338 $8.31 $177,319
7 Jun 2019
22,819,798
4 Jun 2019 Patrick Machado
Buy 21,122 $7.86 $166,019
4 Jun 2019
22,798,460
30 May 2019 Patrick Machado
Buy 17,746 $7.83 $138,951
30 May 2019
22,777,338
24 May 2019 Patrick Machado
Buy 14,485 $7.63 $110,521
24 May 2019
22,759,592
21 May 2019 Patrick Machado
Buy 19,830 $8.22 $163,003
21 May 2019
22,745,107
16 May 2019 Patrick Machado
Buy 21,608 $7.54 $162,924
16 May 2019
22,725,277
1 Oct 2018 Patrick Machado
Buy 2,678,571 $14.00 $37,499,994
1 Oct 2018
22,703,669
4 Jun 2019 Patrick Machado
Buy 2,424,242 $8.25 $19,999,997
4 Jun 2019
40,765,599
2 Apr 2018 Patrick Machado
Buy 1,110,015 $20.27 $22,500,004
2 Apr 2018
38,341,357
15 Sep 2016 Patrick Machado
Director
Buy 40,000 $2.94 $117,600
15 Sep 2016
60,000
24 Jun 2016 Patrick Machado
Director
Buy 20,000 $2.39 $47,800
24 Jun 2016
20,000
29 Dec 2015 Patrick Machado
Director
Buy 10,000 $7.08 $70,800
29 Dec 2015
10,000


Turning Point Therapeutics Inc executives and stock owners

Turning Point Therapeutics Inc executives and other stock owners filed with the SEC include: