147 institutions hold shares in Personalis Inc. (PSNL), with 743.62k shares held by insiders accounting for 1.91% while institutional investors hold 86.30% of the company’s shares. The shares outstanding are 35.46M, and float is at 25.35M with Short Float at 7.17%. Institutions hold 84.65% of the Float.
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The top institutional shareholder in the company is Abingworth, LLP with over 4.46 million shares valued at $96.7 million. The investor’s holdings represent 11.46% of the PSNL Shares outstanding. As of Sep 29, 2020, the second largest holder is JP Morgan Chase & Company with 3.62 million shares valued at $78.36 million to account for 9.29% of the shares outstanding. The other top investors are ARK Investment Management, LLC which holds 3.29 million shares representing 8.46% and valued at over $71.36 million, while Blackrock Inc. holds 5.93% of the shares totaling 2.31 million with a market value of $84.55 million.
Personalis Inc. (NASDAQ: PSNL) is -5.11% lower on its value in year-to-date trading and has touched a low of $4.27 and a high of $53.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSNL stock was last observed hovering at around $38.76 in the last trading session, with the day’s loss setting it -4.02% off its average median price target of $47.50 for the next 12 months. It is also 30.52% off the consensus price target high of $50.00 offered by 8 analysts, but current levels are -28.67% lower than the price target low of $27.00 for the same period.
Currently trading at $34.74, the stock is -14.64% and -12.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing -10.37% at the moment leaves the stock 38.17% off its SMA200. PSNL registered 246.02% gain for a year compared to 6-month gain of 46.83%. The firm has a 50-day simple moving average (SMA 50) of $40.64 and a 200-day simple moving average (SMA200) of $30.44.
The stock witnessed a -28.84% loss in the last 1 month and extending the period to 3 months gives it a 21.05%, and is -14.05% down 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 8.90% over the week and 8.92% over the month.
Personalis Inc. (PSNL) has around 182 employees, a market worth around $1.48B and $76.60M in sales. Profit margin for the company is -45.10%. Distance from 52-week low is 713.58% and -35.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.60%).
Personalis Inc. (PSNL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Personalis Inc. (PSNL) is a “Overweight”. 8 analysts offering their recommendations for the stock have an average rating of 2.00, where 2 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Personalis Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.29 with sales reaching $20.07M over the same period.The EPS is expected to shrink by -99.60% this year, but quarterly earnings will post 20.30% year-over-year. Quarterly sales are estimated to grow 10.60% in year-over-year returns.
Personalis Inc. (PSNL) Insider Activity
A total of 26 insider transactions have happened at Personalis Inc. (PSNL) in the last six months, with sales accounting for 23 and purchases happening 3 times. The most recent transaction is an insider sale by Chen Richard, the company’s Chief Scientific Officer. SEC filings show that Chen Richard sold 40,000 shares of the company’s common stock on Feb 01 at a price of $38.67 per share for a total of $1.55 million. Following the sale, the insider now owns 84792.0 shares.
Personalis Inc. disclosed in a document filed with the SEC on Dec 17 that Chen Richard (Chief Scientific Officer) sold a total of 1,087 shares of the company’s common stock. The trade occurred on Dec 17 and was made at $36.37 per share for $39534.0. Following the transaction, the insider now directly holds 0.11 million shares of the PSNL stock.
Still, SEC filings show that on Dec 17, Tachibana Aaron (Chief Financial Officer) disposed off 2,391 shares at an average price of $36.37 for $86961.0. The insider now directly holds 173,291 shares of Personalis Inc. (PSNL).