108 institutions hold shares in Selecta Biosciences Inc. (SELB), with 28.13M shares held by insiders accounting for 26.03% while institutional investors hold 87.08% of the company’s shares. The shares outstanding are 105.33M, and float is at 79.85M with Short Float at 8.49%. Institutions hold 64.41% of the Float.
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The top institutional shareholder in the company is BVF Inc. with over 8.46 million shares valued at $20.98 million. The investor’s holdings represent 7.83% of the SELB Shares outstanding. As of Sep 29, 2020, the second largest holder is Mangrove Partners with 5.79 million shares valued at $14.35 million to account for 5.36% of the shares outstanding. The other top investors are Blackrock Inc. which holds 5.47 million shares representing 5.07% and valued at over $16.59 million, while Vanguard Group, Inc. (The) holds 4.33% of the shares totaling 4.67 million with a market value of $11.59 million.
Selecta Biosciences Inc. (NASDAQ: SELB) is 54.46% higher on its value in year-to-date trading and has touched a low of $1.42 and a high of $5.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SELB stock was last observed hovering at around $4.69 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $7.00 for the next 12 months. It is also 64.0% off the consensus price target high of $13.00 offered by 7 analysts, but current levels are -134.0% lower than the price target low of $2.00 for the same period.
Currently trading at $4.68, the stock is 3.28% and 24.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing -0.21% at the moment leaves the stock 52.74% off its SMA200. SELB registered 10.90% gain for a year compared to 6-month gain of 84.98%. The firm has a 50-day simple moving average (SMA 50) of $4.0542 and a 200-day simple moving average (SMA200) of $3.0677.
The stock witnessed a 39.29% loss in the last 1 month and extending the period to 3 months gives it a 50.97%, and is 1.96% 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 6.46% over the week and 8.91% over the month.
Selecta Biosciences Inc. (SELB) has around 27 employees, a market worth around $513.12M and $11.30M in sales. Distance from 52-week low is 229.58% and -17.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-192.10%).
Selecta Biosciences Inc. (SELB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Selecta Biosciences Inc. (SELB) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.10, where 2 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Selecta Biosciences Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.12 with sales reaching $6.37M over the same period.The EPS is expected to grow by 58.40% this year, but quarterly earnings will post 68.20% year-over-year. Quarterly sales are estimated to shrink -4.30% in year-over-year returns.
Selecta Biosciences Inc. (SELB) Insider Activity
A total of 21 insider transactions have happened at Selecta Biosciences Inc. (SELB) in the last six months, with sales accounting for 2 and purchases happening 19 times. The most recent transaction is an insider purchase by TRABER PETER G, the company’s Chief Medical Officer. SEC filings show that TRABER PETER G bought 40,000 shares of the company’s common stock on Dec 14 at a price of $3.24 per share for a total of $0.13 million. Following the purchase, the insider now owns 40000.0 shares.
Selecta Biosciences Inc. disclosed in a document filed with the SEC on Dec 02 that Brunn Carsten (President and CEO) sold a total of 3,323 shares of the company’s common stock. The trade occurred on Dec 02 and was made at $3.35 per share for $11134.0. Following the transaction, the insider now directly holds 0.1 million shares of the SELB stock.
Still, SEC filings show that on Oct 23, SPRINGER TIMOTHY A (Director) acquired 994,488 shares at an average price of $2.71 for $2.7 million. The insider now directly holds 14,480,948 shares of Selecta Biosciences Inc. (SELB).
Selecta Biosciences Inc. (SELB): Who are the competitors?
The company’s main competitors (and peers) include Pieris Pharmaceuticals Inc. (PIRS) that is trading -29.87% down over the past 12 months. Short interest in the company’s stock has risen 20.35% from the last report on Dec 30, 2020 to stand at a total of 5.4 million short shares sold with a short interest ratio of 3.28.