191 institutions hold shares in Personalis Inc. (PSNL), with 717.02k shares held by insiders accounting for 1.64% while institutional investors hold 80.97% of the company’s shares. The shares outstanding are 38.96M, and float is at 35.09M with Short Float at 8.72%. Institutions hold 79.65% of the Float.
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The top institutional shareholder in the company is ARK Investment Management, LLC with over 6.78 million shares valued at $248.17 million. The investor’s holdings represent 15.49% of the PSNL Shares outstanding. As of Dec 30, 2020, the second largest holder is JP Morgan Chase & Company with 3.34 million shares valued at $122.28 million to account for 7.63% of the shares outstanding. The other top investors are Blackrock Inc. which holds 2.31 million shares representing 5.28% and valued at over $84.55 million, while Vanguard Group, Inc. (The) holds 2.75% of the shares totaling 1.2 million with a market value of $44.06 million.
Personalis Inc. (NASDAQ: PSNL) is -37.56% lower on its value in year-to-date trading and has touched a low of $7.53 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 $24.79 in the last trading session, with the day’s loss setting it -1.93% off its average median price target of $41.00 for the next 12 months. It is also 54.28% off the consensus price target high of $50.00 offered by 9 analysts, but current levels are 38.22% higher than the price target low of $37.00 for the same period.
Currently trading at $22.86, the stock is -7.66% and -28.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -7.79% at the moment leaves the stock -16.53% off its SMA200. PSNL registered 176.76% gain for a year compared to 6-month loss of -5.81%. The firm has a 50-day simple moving average (SMA 50) of $28.24 and a 200-day simple moving average (SMA200) of $31.50.
The stock witnessed a 3.86% gain in the last 1 month and extending the period to 3 months gives it a -34.61%, and is 0.22% 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 9.15% over the week and 9.52% over the month.
Personalis Inc. (PSNL) has around 234 employees, a market worth around $1.02B and $78.60M in sales. Profit margin for the company is -52.50%. Distance from 52-week low is 203.59% and -57.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-21.70%).
Personalis Inc. (PSNL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Personalis Inc. (PSNL) is a “Buy”. 9 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”. 7 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 08/17/2021 and quarterly earnings per share for the current quarter are estimated at -$0.36 with sales reaching $20.43M over the same period.The EPS is expected to grow by 13.80% this year, but quarterly earnings will post 7.70% year-over-year. Quarterly sales are estimated to grow 6.60% in year-over-year returns.
Personalis Inc. (PSNL) Insider Activity
A total of 28 insider transactions have happened at Personalis Inc. (PSNL) in the last six months, with sales accounting for 24 and purchases happening 4 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 Apr 01 at a price of $25.69 per share for a total of $1.03 million. Following the sale, the insider now owns 55834.0 shares.
Personalis Inc. disclosed in a document filed with the SEC on Mar 17 that Chen Richard (Chief Scientific Officer) sold a total of 1,130 shares of the company’s common stock. The trade occurred on Mar 17 and was made at $26.73 per share for $30205.0. Following the transaction, the insider now directly holds 83317.0 shares of the PSNL stock.
Still, SEC filings show that on Mar 17, Tachibana Aaron (Chief Financial Officer) disposed off 2,446 shares at an average price of $26.73 for $65382.0. The insider now directly holds 167,823 shares of Personalis Inc. (PSNL).