A peek at CymaBay Therapeutics Inc. (CBAY): Who has invested in It?

159 institutions hold shares in CymaBay Therapeutics Inc. (CBAY), with 273.48k shares held by insiders accounting for 0.40% while institutional investors hold 85.19% of the company’s shares. The shares outstanding are 68.89M, and float is at 65.19M with Short Float at 7.91%. Institutions hold 84.85% of the Float.


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The top institutional shareholder in the company is Avoro Capital Advisors LLC with over 10.3 million shares valued at $59.12 million. The investor’s holdings represent 14.95% of the CBAY Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 5.39 million shares valued at $30.92 million to account for 7.82% of the shares outstanding. The other top investors are Boxer Capital, LLC which holds 4.0 million shares representing 5.81% and valued at over $22.96 million, while Vanguard Group, Inc. (The) holds 4.97% of the shares totaling 3.43 million with a market value of $19.67 million.

CymaBay Therapeutics Inc. (NASDAQ: CBAY) is -15.85% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $9.06 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 CBAY stock was last observed hovering at around $5.15 in the last trading session, with the day’s loss setting it -0.32% off its average median price target of $12.00 for the next 12 months. It is also 75.85% off the consensus price target high of $20.00 offered by 11 analysts, but current levels are 51.7% higher than the price target low of $10.00 for the same period.

Currently trading at $4.83, the stock is -15.20% and -20.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing -6.21% at the moment leaves the stock -17.12% off its SMA200. CBAY registered 185.80% gain for a year compared to 6-month loss of -25.23%. The firm has a 50-day simple moving average (SMA 50) of $5.8400 and a 200-day simple moving average (SMA200) of $6.7997.

The stock witnessed a -17.86% gain in the last 1 month and extending the period to 3 months gives it a -37.76%, and is -14.21% 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 5.78% over the week and 6.64% over the month.

Distance from 52-week low is 299.17% and -46.69% from its 52-week high.

CymaBay Therapeutics Inc. (CBAY) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for CymaBay Therapeutics Inc. (CBAY) is a “Buy”. 11 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

CymaBay 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 -$0.2.The EPS is expected to shrink by -22.20% this year.

CymaBay Therapeutics Inc. (CBAY) Insider Activity

A total of 0 insider transactions have happened at CymaBay Therapeutics Inc. (CBAY) in the last six months, with sales accounting for 0 and purchases happening 0 times.

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CymaBay Therapeutics Inc. (CBAY): Who are the competitors?

The company’s main competitors (and peers) include Bristol-Myers Squibb Company (BMY) that is trading -5.08% down over the past 12 months. Xencor Inc. (XNCR) is 45.11% up on the 1-year trading charts. Short interest in the company’s stock has risen 14.53% from the last report on Dec 30, 2020 to stand at a total of 4.41 million short shares sold with a short interest ratio of 4.24.

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