rts logo

Who is the Top Investor In Cerus Corp. (CERS)?

Cerus Corp. (NASDAQ: CERS) is -12.96% lower on its value in year-to-date trading and has touched a low of $1.21 and a high of $3.08 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 CERS stock was last observed hovering at around $1.76 in the last trading session, with the day’s gains setting it 0.12%.

Currently trading at $1.88, the stock is -5.31% and -9.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 6.82% at the moment leaves the stock -3.58% off its SMA200. CERS registered -36.70% loss for a year compared to 6-month gain of 19.75%. The firm has a 50-day simple moving average (SMA 50) of $2.22 and a 200-day simple moving average (SMA200) of -$13.19.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -11.32% loss in the last 1 month and extending the period to 3 months gives it a -12.96%, and is 8.05% 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 6.91% over the week and 8.70% over the month.

Cerus Corp. (CERS) has around 288 employees, a market worth around $340.81M and $156.37M in sales. Profit margin for the company is -23.98%. Distance from 52-week low is 56.02% and -38.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-29.71%).

Cerus Corp. quarterly earnings per share for the current quarter are estimated at -$0.05 with sales reaching $40.78M over the same period.The EPS is expected to grow by 49.61% this year, but quarterly earnings will post 21.10% year-over-year. Quarterly sales are estimated to grow 31.70% in year-over-year returns.

177 institutions hold shares in Cerus Corp. (CERS), with institutional investors hold 77.93% of the company’s shares. The shares outstanding are 181.25M, and float is at 171.95M with Short Float at 2.95%. Institutions hold 75.00% of the Float.

The top institutional shareholder in the company is ARK Investment Management, LLC with over 20.06 million shares valued at $32.5 million. The investor’s holdings represent 11.10% of the CERS Shares outstanding. As of Jun 29, 2023, the second largest holder is Baker Brothers Advisors, LLC with 16.07 million shares valued at $39.53 million to account for 8.89% of the shares outstanding. The other top investors are Blackrock Inc. which holds 14.01 million shares representing 7.75% and valued at over $34.47 million, while Vanguard Group Inc holds 5.58% of the shares totaling 10.09 million with a market value of $24.83 million.

Cerus Corp. (CERS) Insider Activity

The most recent transaction is an insider sale by Greenman William Mariner, the company’s President and CEO. SEC filings show that Greenman William Mariner sold 63,611 shares of the company’s common stock on Mar 14 ’24 at a price of $2.02 per share for a total of $0.13 million. Following the sale, the insider now owns 3.18 million shares.

Cerus Corp. disclosed in a document filed with the SEC on Mar 14 ’24 that Jayaraman Vivek K (Chief Operating Officer) sold a total of 26,794 shares of the company’s common stock. The trade occurred on Mar 14 ’24 and was made at $1.97 per share for $52902.0. Following the transaction, the insider now directly holds 0.88 million shares of the CERS stock.

Still, SEC filings show that on Mar 14 ’24, Green Kevin Dennis (Chief Financial Officer) disposed off 21,497 shares at an average price of $1.97 for $42444.0. The insider now directly holds 618,750 shares of Cerus Corp. (CERS).

Related Posts