Why has Karyopharm Therapeutics Inc. (KPTI) dropped -7.91% in last trading?

Karyopharm Therapeutics Inc. (NASDAQ: KPTI) is 13.57% higher on its value in year-to-date trading and has touched a low of $13.39 and a high of $29.61 in the current 52-week trading range. The KPTI stock was last observed hovering at around $17.58 in the last trading session, with the day’s loss setting it -1.39% off its average median price target of $31.50 for the next 12 months. It is also 66.96% off the consensus price target high of $49.00 offered by 10 analysts, but current levels are 26.41% higher than the price target low of $22.00 for the same period.

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Currently trading at $16.19, the stock is 0.94% and 2.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing -7.91% at the moment leaves the stock -5.90% off its SMA200. KPTI registered -8.51% loss for a year compared to 6-month loss of -8.29%. The firm has a 50-day simple moving average (SMA 50) of $16.00 and a 200-day simple moving average (SMA200) of $16.01.

The stock witnessed a 10.50% gain in the last 1 month and extending the period to 3 months gives it a 20.49%, and is 13.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.82% over the week and 6.24% over the month.

Karyopharm Therapeutics Inc. (KPTI) has around 347 employees, a market worth around $1.27B and $91.10M in sales. Distance from 52-week low is 20.91% and -45.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-81.20%).

Karyopharm Therapeutics Inc. (KPTI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Karyopharm Therapeutics Inc. (KPTI) is a “Buy”. 10 analysts offering their recommendations for the stock have an average rating of 1.70, where 1 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Karyopharm Therapeutics Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.65 with sales reaching $24.91M over the same period.The EPS is expected to shrink by -2.60% this year, but quarterly earnings will post 140.00% year-over-year. Quarterly sales are estimated to grow 37.70% in year-over-year returns.

Karyopharm Therapeutics Inc. (KPTI) Top Institutional Holders

225 institutions hold shares in Karyopharm Therapeutics Inc. (KPTI), with 7.06M shares held by insiders accounting for 9.60% while institutional investors hold 103.42% of the company’s shares. The shares outstanding are 73.47M, and float is at 66.54M with Short Float at 22.10%. Institutions hold 93.49% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 7.17 million shares valued at $104.68 million. The investor’s holdings represent 9.74% of the KPTI Shares outstanding. As of Sep 29, 2020, the second largest holder is Avoro Capital Advisors LLC with 6.0 million shares valued at $87.6 million to account for 8.15% of the shares outstanding. The other top investors are Palo Alto Investors Lp which holds 5.09 million shares representing 6.91% and valued at over $74.26 million, while State Street Corporation holds 6.51% of the shares totaling 4.79 million with a market value of $69.92 million.

Karyopharm Therapeutics Inc. (KPTI) Insider Activity

A total of 34 insider transactions have happened at Karyopharm Therapeutics Inc. (KPTI) in the last six months, with sales accounting for 18 and purchases happening 16 times. The most recent transaction is an insider sale by Mirza Mansoor Raza, the company’s Director. SEC filings show that Mirza Mansoor Raza sold 5,000 shares of the company’s common stock on Dec 18 at a price of $18.00 per share for a total of $90000.0. Following the sale, the insider now owns 0.0 shares.

Karyopharm Therapeutics Inc. disclosed in a document filed with the SEC on Dec 07 that Mirza Mansoor Raza (Director) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Dec 07 and was made at $16.07 per share for $0.32 million. Following the transaction, the insider now directly holds 0.0 shares of the KPTI stock.

Still, SEC filings show that on Dec 01, Primiano Christopher Brett (EVP, CBO, GC & Secretary) disposed off 137,061 shares at an average price of $17.53 for $2.4 million. The insider now directly holds 4,523 shares of Karyopharm Therapeutics Inc. (KPTI).

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Karyopharm Therapeutics Inc. (KPTI): Who are the competitors?

The company’s main competitors (and peers) include Bristol-Myers Squibb Company (BMY) that is trading -4.52% down over the past 12 months. Exelixis Inc. (EXEL) is 22.49% up on the 1-year trading charts. Short interest in the company’s stock has fallen -5.51% from the last report on Nov 12, 2020 to stand at a total of 15.52 million short shares sold with a short interest ratio of 7.98.

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